How much longer will we be singing a "Loonie" tune?

Good evening ladies and gentlemen

I hope you all had a successful day in the markets. The weather took a turn for the worse today here in London which usually has an affect on people's emotions but this should not have affected our trading due to our mechanical approach!!!

So lets get on with this. The Loonie did as we anticipated and reached the RN before retracing at an appropriate time! The day looks like finishing on a doji so what could this mean? Is this a sign of a reversal towards the RN it has found difficult to penetrate? Stochastics is OS and the signal lines look interesting but MACD has been doing higher lows! However, there is a convergence on MACD as well! Interesting times lie ahead!

Below is the 5 min chart. Todays action again presented us with an opportunity to collect pips on another decent towards the RN. After bouncing upwards at 2am just a few pips from this support, price then diverged through the night. Added to the DT and a candlestick reversal (and a strategically placed stop!!), we were rewarded with a welcome handful of pips from trusting our analysis!! Price then spiked through the support before doing a reversal as the SM would have anticipated!! Stops would have been tightened to lock in maximum profits!

Alright Rich! Yeah it looks like its still on! You are right! Tough result to call though Utd Gunners! Ronaldo doesn't do much but has a knack of popping up when it counts!

The anwer to my riddle was "What don't I see?"! Very appropriate for trading and something that I haven't learnt through my early frustrations in the market! However, it has only made me stronger and better!!

Good quote from yesterday but no riddle for me today?! Hmmmmmm....

My riddle for today is "The only way to ____ your life is to make a real _____"!!

Till tomorrow

Abundance is your Birth Right

Zaheer Anwari