I watch a lot of UFC (mixed martial arts) and often identify with the discipline required.
As a boy I gave wrestling a shot, as well judo – and spent time in a “relatively serious” boxing environment before the ripe ol age of thirteen. I remember it all…….every minute – like it was yesterday.
In particular a story from the boxing ring.
A new kid there in the garage – fast, eager and more than just a little cocky. It didn’t take long until he as well, had done his time and was ready for a real opportunity in the ring. We squared off , came together at the center, touched gloves and BANG!…….before I’d even taken a step back – the kid wound up and clocked me with everything he had.
It was the first time I’d truly “seen stars” and the rage that surged through in those seconds after – was again………something I will never forget, and despite every ounce of myself screaming to ” annihilate this lil sh#$t” – I remained calm. I boxed.
3 rounds later – I lost that fight…………but in retrospect – I gained far more.
I learned how to take a punch. I learned that “life’s not fair”. I learned that things will likely be a lot tougher than you expect – and that you can’t win all the time.
Needless to say – that kid didn’t last very long. He danced around a couple more sessions, but in the end couldn’t handle the crunches and circuit training, gave up and went home crying to his mother.
Boxing like trading – you really do need to learn………how to take a punch.
AUD/USD dancing around but looks to be going down for the count – my 28 week squeeze long-term & short-term views looks to be short still – should this change then we adjust…..
Looking for a turn – looking…. looking…. will it happen today? Needs to bounce hard here IMHO or further downward preasure will continue…. just the weird thinking process of Schmed!!
Could be ready to pull a 360 here and turn long…. bottom could be in the Aussie…… tracking…
yup…… long aud for now,,,,, 🙂 WE NEED A LARGE MOVE TO REVERSE THE SQUEEZE BREAK ON THE WEEKLY. Until then I am tracking as this could just be a bounce…. but for now long the pair….
You are a jumpy one Schmed!
I’m not one to say – but the upside looks to be a better risk / reward to me.
We will have to see my friend – I would like to believe it will bounce hard – am thinking the bottom is in. My only worry is the long-term squeeze which has fired neg….. a hard bounce here would correct that. If not then lower is in the card for sure..
Kong. Loving the posts. Even if i don’t comment. I think its strong dollar from now on. Commodity currencies are going to get blitzed.
We will get our answer here today – as USD is now pushing at the absolute highs.
Personally – I just can’t see it happening but so we will see. The commod currencies have “already” taken a pretty serious hit vs USD, and we are literally “hanging by a thread” here. Wow….if indeed they do get blitzed here – Wow! This will be one for the books for sure!