I might be a little early but…….you know me. This is nothing new. I’m always early.
Fact of the matter is…….this “bounce” in risk has looked incredibly weak, and considering we’ve “supposedly” come so far so fast ( with The SP now retracing 61.8% of the recent fall ) now is as good a time as any to start staggering orders “short risk” once again.
Aside from the SP 500 short, I’ve now “begun” starter positions in several currency pairs including short AUD/JPY ( set for even greater profits than the last trade ) as well CHF/JPY and GBP/JPY with trades in several other pairs to follow.
Short and sweet here today as the outline / plan ( presented only a few short days ago ) is playing out as expected.
There’s not enough “upside potencial” at this point to really get concerned about “perfect entries short”. If it’s not today……then perhaps a couple more points tomorrow – who cares.
We are on the other side of the mountain, and we don’t want to miss the slide.
More trades, weekly reporting and daily real time commentary at the Members site: www.forexkong.net if you’re interested in making any money over the next few months.