Dislikedhi mike..... obviously we were expecting the trendline at 207.6 to hold and give a bounce.... then the supports in 206 207 areas.... but considering the market and the weekly h and s we coud jjust keep freefalling..... hard to say at this point.... but i am not going to try longs..... falling knife and whatnot ya know....
closed my shorts way too early at 207.8 bummer..... so that leaves me on the sidelines.... oh well..... i think we can expect further downside until this thing finds some buyers maybe somewhere between 203 and 205 and then we will see... i think 214 217 targets are probably history..... 209 210 maybe the tops for possible retrace and proabaly down more first..... cant see BOJ letting uj go below 103 102 and definitely not lower than 100 .... that would be too painful for japanese economy right now...... so although gj goes to 190 and lower on the charts ... how it gets there and when?... who knows.... gonna sit tight for a few days i think then see...... if the carry falls apart maybe boj steps in then we go up a bit for a bigger fall???? who knows.... tricky bastrd that gj@!!!!!!!!!!!!!!!!Ignored
Ohhhhh, your good! lol That was excellent man!
I dream, therefore I become.