Rapidly Meeting Goals

Personal Reference Experiences

• Proving It Works
• Ability to Anticipate
• Close Positions
• Go with your own beliefs and be willing to change

It Works

So I thought it would be good to show what I thought would be the outcome of such a powerful uptrend coming to a resolution with a 50% pullback.  I didn't see things happening so quickly, after all this is an 8-hour chart and once the first break (noted on the chart as first break) and then rip through occured it was an all out free-fall until 1.27678

Ability to Anticipate

Trends in forex are so clear that one would have to keep up with how much faster price is accelerating and those short selling opportunities didn't provide many throw backs higher to give short sellers the chance to get it, when it rains it pours!

Closing Positions 

Having a plan make it easier to just reap the rewards of the practice.  Rather than think based on recent conditions that it will continue taking below 1.27099 and 1.26420 (continue down and continue) it FEELS like its ready to go down much farther when in fact the price is in a decent buy zone relative to its time frame.  

Beliefs

Now that the goal was met so quickly I might have to adapt and go do the opposite of what I was thinking initially, if the dollar turns again and becomes bullish it would mean that I would need to take the opposite side of what I shared on here originally