after more than 700 pips rally from the lows ,I can't help it not to remember the beginning of the year and the sentiment back in January .
as I recall it was sell first ask questions later .
each 50 pip up crowd was jumping to sell
and when Goldman issued prediction of 1.37 - 1.45 in 6 months
I recall comments from all corners of the planet slamming their idiocy for such a call.
and the result was 2000 pips rally
Lesson learned : follow your own analysis, don't be distracted by horseshit thrown at you by any fundamentalist and the smart a$$ fancy talk about economy ,Italy , Germany ...etc . and try to recognize what the crowd are doing and do the exact opposite !
as I recall it was sell first ask questions later .
each 50 pip up crowd was jumping to sell
and when Goldman issued prediction of 1.37 - 1.45 in 6 months
I recall comments from all corners of the planet slamming their idiocy for such a call.
and the result was 2000 pips rally
Lesson learned : follow your own analysis, don't be distracted by horseshit thrown at you by any fundamentalist and the smart a$$ fancy talk about economy ,Italy , Germany ...etc . and try to recognize what the crowd are doing and do the exact opposite !
I SEE YOU !!
