Hallo, Trendzalore.
Please explain your terms "control area," and "virgin point of control."
Thanks.
Please explain your terms "control area," and "virgin point of control."
Thanks.
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DislikedHallo, Trendzalore. Please explain your terms "control area," and "virgin point of control." Thanks.Ignored
DislikedBe carefull Japan fiscal year ends on Monday 31st of March, that goes as yen positive.Ignored
Disliked{quote} They do not want Yen to be strong.... More weakness in hand my dear..Ignored
DislikedWell now that the week is over and can look at the chart I see a fall.Why? The weekly market profile finished as a completed file, but the following things show a move may occur: Complete profile Price ended up above the weekly value area and is near the top of the range 102.99 is where sellers are and is also a previous monthly point of control. So with those factors, price is out of balance which means there is potential for a big move either way. The reason I see a fall is the fact it is close to a previous monthly point of control on a retest,...Ignored
DislikedIf that's the case, a stall at 99.59 my come fist. So next week retail buyers may hop on board for the slaughter not knowing that 103.27 is a weekly virgin point of control. If price doesn't immediately fall off it may rise to that point and then boom the buyers are trapped. To wrap it all up, I think this little rise is all a trap which triggered a bunch of stops that were above 102.46 and 102.62 for those who were short. With them taken out bigger players can sell at a better price. Those who went long got a nice move on Friday but they should...Ignored
Dislikeda view from fundamental few days again Legislative election, and looks like ABE will be the winner again,so ABE can continue the stimulus, and maybe add more QE so maybe can hit 104 if ABE is won againIgnored
Dislikedwaiting for a break of 103.42 or 102.73, then will look for something to do...Ignored
Dislikedthat would mean go long on a pullback.... 103.32 looks like some resistance also now...Ignored