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DislikedWhile I share the same views with everyone here as to the bearish nature of the GU. I do think however levels as low as 54 & 52 are a bit of a stretch on a Friday when many institutional traders will be kicked back with their mind on their money & their money on their minds.
After the week we've had...its just too much. I'm looking for choppy price moves up and down in a consolidation pattern. Next week could begin a grinding retrace. A weak retrace no doubt. THEN we should see another strong leg down.
Good luck to everyoneIgnored
DislikedA. Traders are lacking conviction
OR
B. Low liquidity
OR
C. BOTH A & BIgnored
Dislikedwhy do you think this and on what time frames ? I see nothing rare about.
G/LIgnored
Dislikedwhy do you think this and on what time frames ? I see nothing rare about.
G/LIgnored
DislikedI expected better from you IBB. I'll have to say I'm a little disappointed.Ignored
Dislikedalso true that, recently, fridays are not so much movers.
i left price 12 hours ago @5660 now still 5660 after a 30pips range.
maybe something during first hours of NY session then stop till monday.Ignored
DislikedALL TF except DAILY & WEEKLY really.
Usually cable has a wavy flow to it. Today's action is all chatter & noise within SMALL ranges.
ODD looking sequences of candles lining up together. Dueling Swords & the like. Doji's EVERYWHERE.
that's what I mean by that.Ignored
DislikedI'm strangely flattered by that comment
I think it's choppy because we are near multi timeframe support pivot of 5625 (my pivots anyway) and it is finding it hard to go lower but is not ready to go higher either, so is stuck.
Movie night tonight, so got to go.
Take care brotherIgnored
DislikedI think the NY'ers are already kikkin it in the Hamptons for the weekend
If this is London NY will be worse. But you could be right BB who knowsIgnored
DislikedPerhaps, but I sense it had some serious engine trouble at about 6300 feet
If it makes you feel any better bro, I aint too far behind youIgnored
DislikedIts scorching hot in London today for once... All the traders are down the pubIgnored
DislikedI think the NY'ers are already kikkin it in the Hamptons for the weekend
If this is London NY will be worse. But you could be right BB who knowsIgnored