Just thought I'd post this. It goes along with my analysis for the GBPJPY. I'm still short and still targeting the lows of last Thursday. if we don't get a close inside the old channel. For now it looks like demand is being absorbed and it'll continue on down.
The chart is from eSignal with a plugin from TradeGuider. I know we're trading naked charts here, but volume is a key principle I've been trying to develop so it's natural to delve in to the world of VSA to see what's happening around my trendlines, channels, etc. Anyway, let me know what your thoughts are.
The chart is from eSignal with a plugin from TradeGuider. I know we're trading naked charts here, but volume is a key principle I've been trying to develop so it's natural to delve in to the world of VSA to see what's happening around my trendlines, channels, etc. Anyway, let me know what your thoughts are.
Every time you use 'hopium' in a post, God kills a kitten.