Shorting G/J is a bad idea till 146 zone.
If it breaks 146, then we are heading to 148.50-149 zone.
If it breaks 146, then we are heading to 148.50-149 zone.
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QuoteDislikedI've come to the conclusion that none of you know where it's headed, I've watched all these thread for past couple wks, and you all are all over with your opinions, and they are as bad as the projections on FX360.com, which few materialize...my stoch has crossed up, but my EMA cross is running parallel with indecision..I lose money every time I try to trade this pair...LOL bye now
DislikedUJ rose 120 pips basically in a straight line - can't recall the last time that's happened. Thus, admirable USD strength. During the same time, GJ delivered 70 pips. It is normally the other way around. For those that watched the GJ PA prior to the move up, it was a supreme struggle; for the first half of UJ's rise, GY was barely able to maintain 144.55 support & was trending opposite, needing to bounce off it 6x for the upwards trajectory.
While UJ surged, the net result of GY was a 10-20 pip gain over previously reached 145/145.1 levels, getting...Ignored
QuoteDislikedUJ rose 120 pips basically in a straight line - can't recall the last time that's happened. Thus, admirable USD strength. During the same time, GJ delivered 70 pips. It is normally the other way around. For those that watched the GJ PA prior to the move up, it was a supreme struggle; for the first half of UJ's rise, GY was barely able to maintain 144.55 support & was trending opposite, needing to bounce off it 6x for the upwards trajectory.
While UJ surged, the net result of GY was a 10-20 pip gain over previously reached 145/145.1 levels, getting...
DislikedYes it is going to be retrace on both G/J and U/J but its equal to playing a counter trend play while shorting them at this point to grab few pips.
U/J is a monthly breakout and the trend is up till 93 resistance zone. I am looking for retracement to add few more buys at lower levels to play it up till 93 in 5-7 days.
G/J needs to break 146 or resist its move at 146 to play the trend.Ignored
DislikedUJ rose 120 pips basically in a straight line - can't recall the last time that's happened. Thus, admirable USD strength...Ignored
DislikedI've come to the conclusion that none of you know where it's headed, I've watched all these thread for past couple wks, and you all are all over with your opinions, and they are as bad as the projections on FX360.com, which few materialize...my stoch has crossed up, but my EMA cross is running parallel with indecision..I lose money every time I try to trade this pair...LOL bye nowIgnored
DislikedThe trend to me is still down, 146 would invalidate it
EJ also re-testing weekly support/resistance at 127
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Dislikedbeat this !!!
16 tabling 5 hour session!!
multi tasking while the market is preparing for a setup..it can take days,even weeks ,testing your patience to the limits..
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DislikedThe GU is holding the GJ in this range.. uj going up like you said, but the GU is doing the opposite. I seem to recall that the GJ used to follow the GU (08/ealry 09)very closely, and only occassionally be influenced strongly by the UJ..
At the moment, till GU goes up.. highs will be in the 146 area
just my thoughts..Ignored