DislikedToday is the first day in a couple weeks that the eu has not made a new higher high. I have seen where price will take out a low...running stops on those who use stops and then resume the run with the trend. We still need to be careful, but the first sign of this trend slowing/retracing has shown itself.Ignored
I need EURJPY, EURCAD and EURUSD to go down. And of course AUD pairs would be a nice help.
This move has reminded me of 2007/8 and it shows me how in a trending market how badly it can hurt when the USD gets slammed or overbought.
No technique is perfect, but if you don't have a plan for the hard trending, then there are going to be painful months ahead. We have to come up with something to avoid the sting.
We are our own best indicator.