The following are some of the reasons why I have not been posting here regularly for the last few months:
1. GBPUSD 926 pips - 7 months
2. EURUSD 968 pips - 7 months
3. USDJPY 991 Pips - 4 months
4. GBPJPY 968 Pips - 4 months
5. EURJPY - 891 Pips - 4 months
It is obvious from above information that these pairs have been consolidating within about 1000 pips range for the past 4-7 months. In essence, nothing spectacular has happened in the last 4-7 months for most of these pairs. I will post the monthly and weekly charts for these pairs. Look at the synchronized pattern of the Yen pairs. Price movement is not random and until a trader understand the bigger picture, he or she will always be chasing shadows.
1. GBPUSD 926 pips - 7 months
2. EURUSD 968 pips - 7 months
3. USDJPY 991 Pips - 4 months
4. GBPJPY 968 Pips - 4 months
5. EURJPY - 891 Pips - 4 months
It is obvious from above information that these pairs have been consolidating within about 1000 pips range for the past 4-7 months. In essence, nothing spectacular has happened in the last 4-7 months for most of these pairs. I will post the monthly and weekly charts for these pairs. Look at the synchronized pattern of the Yen pairs. Price movement is not random and until a trader understand the bigger picture, he or she will always be chasing shadows.