DislikedFollowing the conversation between Roro53 and IMF - I, too, am expecting September/November to be full of surprises, and wonder if recent PA is indicative of market participant placement.
Still long Cable... target of 1.64 regionIgnored
........this is what I'm talking about.........
http://www.forexfactory.com/attachme...1&d=1345570273
......Maybe price hit that fan and drop in september or november or after the elections.........for now looks like is going up.......
..........I beleive price have a lot of resistance on the way up, but with the help of Ben and his ambition of having a weak dollar it may go up to the yellow line and magenta confluence there..........then........maybe a bounce or a continuance, who know's...........
..........here is the chart with the magenta/yellow confluence.........
The Chonchy