Seems so, GA and GN are only ones dropping today but thats more due to AUD & NZD relative strength against all majors at the moment.
Full agree with the approach not to marrying a trade. Or cut the trade yourself if things are not moving your way in good time. Went long today in GA but seeing it not go anywhere pulled the plug at BE, just seconds before tanking.
One note as well - according to last 5 days data, most traded volume for GU sits now at 3840 level. My take is that if we will see another day-two consolidation the only way is up for GU. Seems now is the time to sit on the hands.
Full agree with the approach not to marrying a trade. Or cut the trade yourself if things are not moving your way in good time. Went long today in GA but seeing it not go anywhere pulled the plug at BE, just seconds before tanking.
One note as well - according to last 5 days data, most traded volume for GU sits now at 3840 level. My take is that if we will see another day-two consolidation the only way is up for GU. Seems now is the time to sit on the hands.
{quote} Yea quite possible- congratsUnless that was a false break on DXY I think a decent move up is now more likely, unfortunately for bears. Know when to hold 'em know when to fold 'em
