Yeah after it had dropped from the high of 1.635 only days earlier. I did want it to drop to about 1.30ish, it never got there. Unfortunate for me.
You cheery picked though, I also said that it could go up and that there is heavy selling around the 1.60ish level.
Anyone that tells you something WILL happen in the stock market can get lucky at best.
You don't make predictions with the stock market, you make plans with risk and reward. Sometimes these plans work out, sometimes they don't. If you have planned correctly your overall rewards will be greater than your failed risks.
The overall goal of the investor is also a big part of the strategy employed. What I say is risky and what you say is risky are two different things if I'm looking at shorter terms and you longer.
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