ok, i see your point. but let me show you these charts, and tell me what you think.
just the charts. pound and yen.
just the charts. pound and yen.
DislikedHi Scrat, I posted this in the Cable thread here:
http://www.forexfactory.com/showpost...stcount=172757
The Chart posted last week (shown below) shows a bounce from 14093 which was expected and is seen as an opportunity to load up with further Shorts. I am still holding from 15220, 15020, and reloaded again at 14375. As to the extent of the rise, I am unable to tell until I see the tape Sunday PM (gmt) and during Asia.
This rise is just a bounce IMHO and in no way a Bull rally/reversal. I believe many will fall...Ignored
Nihil Sine Deo.