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The reason I took the short this week is because it looked so much like the right
shoulder of a head and shoulders. At some stage I think the EURO will continue
its next leg down I'm just waiting for its move. At the moment I'm short the general
market but have just taken something off the table for this weeks wages. My stops
are in place. I cant loose on this trade. The next one I want to hit will be the
EURO. I'm just waiting. for it to set up, then I'll run the move with the colour
charts.
If everything fizzles out with the general market play I'll bank my profits
and move on but this has potential.
I'm watching the US GDP figures with interest.
If you cant take money off the market at the moment come and see me. Believe
me I think there is more action to come. Dont just sit their watching get involved.
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