I'm still alive!

Coincidentally, I just posted USDCAD to my journal

I only have one bearish pin, that, although happening a bit too "low" for my tastes(too much occlusion by the bar before it) caused me to exit my long(before getting back in again later), I feel it was pretty prominently placed => the area had shown reactions before, and this comes pretty close to the rustyjeff/raczekfx stuff all on it's own. Add the PA-PB and I was out of my long trade faster than you can say "protect your profit"

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__________________
Trust price. Know yourself.

Since it's been a CAD themed day and stocks and carry were mentioned, I wanted to post the CADJPY progression from my journal. I am not sure whether this has been posted (I am sorry, but due to lack of time and energy I truly haven't kept track of the last 4-500 posts or so, so please bear with me) but I feel this is another great example of what you want to be looking for and WHERE.

CLEAN run up (What? BUB BUB PB BEB BEB is what you want to have...just like BEB BEB PB BUB BUB...long, clean, protruding...and Where? At swing extremes, preferably areas that have already "proven" themselves once before) and then reaction.

Mark and RJ show that the markets aren't unpredictable by doing the extreme and trading reactions as they happen - I'm still scared, I wait for these type of setups to occur and give me faith to play them instead.

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__________________
Trust price. Know yourself.