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Chart will be void once break the Orange A.
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Disliked...my
hat to u sir...
p/s: that is why i kept telling they never learnIgnored
DislikedCould also be purposeful delaying of a move, but who knows for what reason.Ignored
DislikedOK, Murphy's Law at work here. I hit 'post' and GY M5 drops a quick 20 pips in a bar....Ignored
Dislikedgu is is moving up nicely ....wonder when gy is going to start it's move upIgnored
Dislikedgu is is moving up nicely ....wonder when gy is going to start it's move upIgnored
Dislikedas long as UJ is dropping we're not going up, (unless 88 holds as support, then we get a small rise, but 134.76 is containing price for the moment topside).
also, look where GU price is sitting. red line is the utl of the monthly bear channel. personally, I'd be careful with longs atm.
GY will probably drop before it rises. But given all the rallies lately on bad news, if US PPI and unemployment data is bad, we may just go up. (half kidding)
.Ignored
DislikedThanks I'll keep an eye on it...I'm swaying toward the sell side myself...we'll seeIgnored
DislikedLooking at the Wave Count from 131.40 .. looks like we had our wave#1 till 135.79...right now consolidating WAVE#2...and wave#3 UP should start now...
Just an observation.... So Bias is UP...IMO...
5 min..15 min..1 HR....Still a Bull Flag....
I am expecting 136.80- 137.36 to get hit before 133.40...
Max down price for now 134.12...Of course as usual could be wrong...Ignored
Dislikedthe current market conditions are requiring a lot of patience.
honestly, even though there are many indications we could drop, GU has been on a mission lately.
one thing to consider about fix days is that sometimes there is an excess dollar demand. USDJPY will continue to climb slightly after the Tokyo fix and GU after London fix. if this works out to be the case, after the importers settle their accounts, price may be allowed to drop....Ignored
DislikedIf this GY upmove is genuine, we may currently be at an eventual 50% fib level, heading at least for the DPP about 135, while 135.2 would make for a standard issue GY move, in terms of the numbers of pips traveled.Ignored