Hard Hat Time?

It's 9.30am here in France and I woke up this morning looking for my hard hat. I went to bed last night thinking that we have had good news but bad action. Mark Fisher was interviewed on CNBC a couple of days ago and he was very pessimistic. I've also seen a few commentators beginning to think the same. The last time I was thinking this was in April 2007 when I sold my properties. It smelled wrong then, but I didn't think it would be as bad as it became. This feels different from then. I'm a little antsy but can't put my finger on why. 

There are more people getting into our business every day. I don't know whether it's because they have to - unemployed - or because they can see something is coming. The markets are providing more opportunities than ever. There is a lot more education available to learn how to trade, although as in anything, caveat emptor, buyer beware. It will be very interesting and I hope rewarding seeing this all unfold.


The Euro was doing it's thing again this morning. There is a lot of volatility = opportunity as you can see. The range bars make sense of it all.