Hopefully the bears will come out to feed soon, this pair is getting very close to some long term resistance levels...
- #69,381
- Oct 7, 2017 10:01am Oct 7, 2017 10:01am
- Joined Jul 2005 | Status: zzzzzzzzzzzzzzzzzzzzzzzzz zzzzzzzzzz | 1,261 Posts
- #69,382
- Oct 7, 2017 10:23am Oct 7, 2017 10:23am
{quote} It looks like the retail bears have piled in the shorts. Banks can now mark up UJ without much resistance, selling back to them at a higher price. I agree with some of the comments here...This pair seems ripe for a squeeze. I think we'll see 114 before we see 110. But that's just my two cents...I could be wrong, I usually am.
Perfect !!Planning to sell them some more and buy from them when it drops.My plan to trap the banks into doing more buying is now coming along .....just kidding
Happy Saturday!!
Your friendly neighbourhood Sith
- #69,383
- Oct 7, 2017 10:56am Oct 7, 2017 10:56am
- Joined Jul 2005 | Status: zzzzzzzzzzzzzzzzzzzzzzzzz zzzzzzzzzz | 1,261 Posts
- #69,384
- Edited 11:55am Oct 7, 2017 11:25am | Edited 11:55am
Hi,
I have to admit that I don't have much of experience. So commenting here might be a bit pretentious.
Looking at the weekly chart, bulls seem increasingly weak.
On the daily price has just pierced the down-trend line, but that seems minor to me regarding the fact that it couldn't stay above the much bigger resistance. Plus there is a PA down now (does a NFP candle count?). But it could bounce from the former TL?
On the 1H chart there might be a tiny hope upwards.... but I would not expect too much?
Now, as I said, I wouldn't risk my two cents on that.
Cheers
I have to admit that I don't have much of experience. So commenting here might be a bit pretentious.
Looking at the weekly chart, bulls seem increasingly weak.
On the daily price has just pierced the down-trend line, but that seems minor to me regarding the fact that it couldn't stay above the much bigger resistance. Plus there is a PA down now (does a NFP candle count?). But it could bounce from the former TL?
On the 1H chart there might be a tiny hope upwards.... but I would not expect too much?
Now, as I said, I wouldn't risk my two cents on that.
Cheers
- #69,385
- Oct 8, 2017 10:46am Oct 8, 2017 10:46am
- | Membership Revoked | Joined Aug 2017 | 2,302 Posts
Ah....5 hours to opening bell...who is right, who is wrong? The results will soon be revealed. 
- #69,387
- Oct 8, 2017 11:59am Oct 8, 2017 11:59am
- Joined Apr 2017 | Status: trying to make money | 3,341 Posts
Don't Worry Be Happy
. Opens 112.560
- #69,389
- Oct 8, 2017 4:12pm Oct 8, 2017 4:12pm
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts
- #69,393
- Oct 8, 2017 6:48pm Oct 8, 2017 6:48pm
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts
- #69,396
- Oct 8, 2017 9:24pm Oct 8, 2017 9:24pm
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts
- #69,397
- Oct 8, 2017 10:59pm Oct 8, 2017 10:59pm
- Joined Jul 2005 | Status: zzzzzzzzzzzzzzzzzzzzzzzzz zzzzzzzzzz | 1,261 Posts
- #69,399
- Edited 11:27pm Oct 8, 2017 11:10pm | Edited 11:27pm
{quote} Really? Really?? If you knew it was going to happen and it had nothing to do with NK then why didn't you trade it?
NK is yet to get factored in which will happen in a day or two
Remember little kimmy is a trader too.He wont test his missiles when jap and american markets are closed
EDIT:If I were Trump I would bomb the hell out of them tomorrow when all their leadership and half of their missiles are out there at the same place at the same time watching the parade
Your friendly neighbourhood Sith