q why 125 ?
imho below 130 is free fall to 121-117 area
imho below 130 is free fall to 121-117 area
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Dislikedok listen. For one time i will post some serious advise:
The gbp/jpy will close in 2 hours @ 132,8
From there it will fall hard to 130.
Then it will bounce a little bit to around 131 but just to fall again hard
to around 128,5. A final push upwards from there to 131 and then it will
fall for the rest of the week to around 125
Good luck everybodyIgnored
Dislikedmy last posts were just to fire up some discussions, But do with it whaterver you want. Just to helpIgnored
DislikedScrat are you looking to flip and short there? If so what's your SL target?Ignored
Dislikedi am usually watching 3 different daily charts for g-j depending on the session close - daily candles that end @ tokyo close; @ london close; and finally, the classic one @ ny close.
here is a chart where i overimposed all resistances for these charts (distance between close and high of the previous day). long story short, if we go above 135.56 (which is last relevant high for now) then current move down is officially over and we are in a retracement/consolidation.
IF @ tokyo close tomorrow, we didn't go above 135.56, then last relevant high...Ignored
DislikedIt's Geithner Fault bro..
He fired treasuries on STEROIDS.. Poor TIM.. He didnt realize that we are ALL waiting on 125... ;(Ignored
Disliked125 represents 85% retrace of the entire move from 163/118 and is very important support. . . A weekly close bleow that would put us in a new range 125-119 with a new low being on the table or a dbl bottom at 119.
Step-by-step. . .Ignored
DislikedIt's Geithner Fault bro..
He fired treasuries on STEROIDS.. Poor TIM.. He didnt realize that we are ALL waiting on 125... ;(
(bad timing bro..)Ignored
DislikedWill we see at least a pull back to the bottom of the wedge to retest it around 132.40/50? I'd like to close my shorts and join the bulls. If it shoots up from here, then I'm in trouble.Ignored
Dislikedhe knows it too well... just a little bit of pushing up... he must offer a better price for big sharks to short. where would be all the fun if he didn't do this?Ignored
DislikedMay range between 133.60 - 134.30 before we break. . . but if we close above 134.29 then not a good look for anyone short in this area. . . and 132.50 is a good target on a close below 134.29. . .Ignored
DislikedBRO, I like your post (comment) on daily close on FX.. everything below daily is an agreement.. noice and scalping area .....
HFT
ThnksIgnored