Short GU from 1.4134 sl 1.4151 Seems to me that dxy wants 96.7x again. That is the main reason that I have shorted GU. There are others but longer term (brexit, etc.). I will short from higher if I get stopped out on this one. I failed to get entry I wanted but I have 1.4109 as an important level 7/8 retrace from last move up on H4 (it's the one Murrey level that I look at the most) and if price can close under it again I'll feel better about my position. No idea if we won't see 4255/4282 first before a move down but I'll give it a shot anyway and if stopped out I'll likely try short from there.
It was recently posted here that posts with only entry or exit with no reasoning explained are not all that useful to others. I thought that made sense so I thought I'd try to spell out my own reasoning for the entry. Hence the book I just wrote. Good luck all.
It was recently posted here that posts with only entry or exit with no reasoning explained are not all that useful to others. I thought that made sense so I thought I'd try to spell out my own reasoning for the entry. Hence the book I just wrote. Good luck all.
