{quote} I don't know if it's because I'm not trading atm but I'm sitting here and dreaming up a scenario of a drop into 177.27-174.87 (perhaps even 173 in order to kill some bull stops) before some up-moves happen in the first half of next year. In my view a drop into that area would complete the weekly market profile that has been forming since 16.08.2015. Obviously we'll know in the next month or two if this is true but I'm curious - what are your thoughts on the mid-term (6-month to 9-month) viability of this scenario as of this moment? P.S.:...
{quote} Thanks dude, happy new year to you too, hope you enjoyed your time. I mean thats what I see atm, if we see a new low Ill wait for sure until Ill get proofed otherwise. Last year as the QE announcment of the BoJ to continue the policy at this price levels and technically already tested 14th April'14. If 175 holds as yearly low and we see continuation up here, profit margin is extremely high. Should we see a lower print than 175 I'd wait for the consolidation/overshoot to be done before I enter. Its a matter of timing. Poker's...
