It was a mind numbing day at work. I don't even know if I listened to music today. I think I did. But the level of Bizarre was intense coming through the phone I don't know what was happening in the other ear. I blacked out. I'm here now and just remember driving home and eating an amazing bowl of macaroni.
I got home and fired up my machines with a vengeance. I took a trade yesterday on GJ open to close the gap from the weekend. It didn't close the gap. It tried but couldn't break the trendline on the daily chart. I closed out before it turned significantly, but I ultimately lost. Sundays are only allowed 25% of standard exposure because they can be a whirlpool of low volume, indecision and/or general inconsistency.
Today, GJ sank a bit in London and completely went sideways... completely sideways through most of London and all of New York. It usually doesn't bottom out like that after a big gain unless it's retracing. When I saw gj dipping down to correct NFP from Friday, I took it quickly. I waited for an exhausted candle to press down against the bottom and went short. The four hour chart suggested downward pressure and it looked like it could reach the 50% and perhaps the 38.2% fib line from the bottom in January. That's what it did. It broke down within 30 seconds of my entry and then it just sorta floundered down to the 50 line. It made it there pretty quickly, all things considered, so I let it test to see if it wanted to rip to the 38.2. It bounced a couple times and I got out when momentum died.
It did finally dip down to the 38.2. But a quick victory is the best victory. I got upside down for about 30 afterwards and then passed out with the dog in the living room in an exhausted stupor.
I'm going to crash now because tomorrow will be another whirlwind. I might leave Son House on through the night. I think I will.
>>"Preachin Blues" on The Father of the Delta Blues 1965 by Son House
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