Kill the Headlights and Put it in Neutral...
One of the greatest technician COUNTERPUNCHER boxers of all linear time, if not spherical was ALEXIS ARGUELLO, middleweight champion in the 1970s-80s...
Trying to Grow a Tree to a Redwood to 100 feet takes slow years... Reducing it to 1 foot, takes a second...
Bidding up anything is a grind, the fall is quick, one deft slap of panic...
Shown hear, I was busy listening to Falco's 'Amadeus'... when the Euro plummeted as shown, in correspondence with USD strength against the YEN as it broke above 1.1800, and EuroYen Cross selling... I didn't want to be the prey on this one... So I waiting for the Hammer Formation, a classic StoneMason's signal of reversal... aware that it would take at least twice as long to retrace, but retrace 76.4% it will, if not 100%... Long Euro at 1.1833, exit 1.1847... I took a slip and got filled at a shitty price, but it was still the right move... a move that Alexis Arguello would nod his head in wisdom to... and I heard the agony of those caught short on a bogus momentum play...
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