Hey Al, I thought that I would give you a break this week. Your diligence is certainly an asset that we all benefit from!

It's Friday night, and I have entered this EURUSD position against my trading plan, ( no trigger ) . And I know that I am going to take some heat because of it. After all the Market is the best teacher. I thought that 146.0 ext plus the lines would be a great place to enter, but alas, the price action is still bearish. This is a classic Double top ABCD, so if not 146.0 the next stop is 161.0 So where are the lines?

Lets start from the beginning. Down trend with break and retest of down trend line.



Add fibs and look for confluence and my wannabee wave count



Adding lines, it fits if it stops here, but what if it goes to 161.8 ?




Maybe this blue line ?



Just thinking out loud while baby sitting my granddaughter.

Have a great weekend guys!!!

the dow is a fun index because there are only 30 stocks...I have a tab in stockcharts with three pages of the 30, 10 per page, so I can scroll through them. If the green count for spx is in charge, meaning that spx turns down before 3121, then dia has to turn also. Note that dia was the last index to make a higher high in early October 2018. aapl up to 271 area wouldn't surprise me, where the external fib is 1.46, the inverse of the .618, which it saw at the last major low in December 2018. These ten stocks are a third of the dow, and they are all completing, or in the case of ko, completed, or in the case of gs, retesting.

Paper trading. Lost some on CLVS, broke even on IGT, minus commissions.

Al

nvda

Cool charts, guys.

Al

Paper trading Made a bit on a ROKU call.

Al :--)

Super high-quality analyses, guys.

Al :--)