Swing trading only works when there is fear or greed. Yesterday, I very much wanted to go long on the Euro/Yen, but I couldn't, because my limit was at 132, and we never hit that unfortunately. We had a nice rise (which is now coming down again along with most of the Euro's.)---------------------------
We are getting close to 50% retracement on the Euro/US Fib chart I drew earlier. I have been successful with my added shorts, and the existing ones are obviously getting closer to 'sellable' at smaller losses (if I choose that route.)
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