fall down to 205 pls

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DislikedGuys, Dont be married to ur positions. As much as i like this beast to drop like a stone ( as i benefitted yesterday). i have since closed all my shorts at 204.8 and was waiting to enter into shorts higher.
I expect it to retrace at least to 50 % of the move down which i expected to happen during the asian session last night. Buut GJ hardly budged higher last session which got me thinking if there would be any retracement at all.
but i really couldnt ignore the 4 hourly Pinbar on GJ and the fact that dollar is selling today makes me think that there will be retracement to 207. so i played 2 long and which are sitting nice ly in green as i write this.
I will reevaluate at 207 but my expereince in the last 1 month tells me that GJ may go higher than 207 during this leg up.
Over the last month, u might have noticed that GJ has hardly moved during DOWN days on dow and has rocketed up on days even when there is very little good news which tells me that someone with deep pockets is carrying this carry trade literally higher. which is why it i think that it has legs higher than 207.
But lets see how this play out.Ignored
DislikedNow there has been some change - cable's taken off after its small retrace, so with the Dow still supporting UJ, GJ's broken above its weekly pivot at 206.13 and its heading for the 50% retrace off my hour chart at 206.59 and then its monthly pivot at 207.32.
Up 250 off this morning's low, so far with no signs that this rally is slowing down - BUT the CB guys start jawing in 25 mins - time to lighten up and lock in some profits.....Ignored
Dislikedlong at 206.00
TP1 207.13
TP2 209.00
SL 205.00
No Gut no Glory!!!
Who else long?Ignored
DislikedYou should wait for 4H gann.. too risky to go LONG from here.. anyway it is your business..Ignored
Dislikedlong at 206.00
TP1 207.13
TP2 209.00
SL 205.00
No Gut no Glory!!!
Who else long?Ignored
Dislikedlong at 206.00
TP1 207.13
TP2 209.00
SL 205.00
No Gut no Glory!!!
Who else long?Ignored
DislikedPrice bounced off 4hr Gann.
This is my contrarian view again:
Eastern European Banks buy the pair. Market goes long. Eastern European banks offload long positions as price rises above 205/206. Market thinks it's a dead cert rally. Short positions closed, Longs opened. Price spike on last buy order and the real order is then feed in. Price drops through to 198. Just my ramblings. Still holding ShortIgnored
DislikedPrice bounced off 4hr Gann.
This is my contrarian view again:
Eastern European Banks buy the pair. Market goes long. Eastern European banks offload long positions as price rises above 205/206. Market thinks it's a dead cert rally. Short positions closed, Longs opened. Price spike on last buy order and the real order is then feed in. Price drops through to 198. Just my ramblings. Still holding ShortIgnored
DislikedH&S on 4H.?. what a beauty
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Maybe timezone, or server but:
VT 4H at 206.77
eSignal Gann HILO [4H] at 206.67
Ignored