Wow. What a bloodbath.
DislikedHi there skyhok. Given the above image and count, doesn't this force a recount of the pair, as least as labels go? That retracement was far deeper than I anticipated. Technically, the move can go far shorter before it enters into the primary wave 2's territory, but that's really far away. Did you post an updated count to this forum after the strong move down? Thanks! (I was long and was stopped out. My long trade was a smaller internal retracement long. Such is life...damnit.)Ignored
Dislikedyes, the mid day volume is puke right now. and that floor you mentioned is a tough one. i took quite a bath today on this pair. live and learn. my take profit and stop loss did not trigger for some reason so a $400 gain last night turned into a $1600 loss. time to study up and recover that loss!Ignored
DislikedThe nfp will be around 220-250 K today...Tandem with Adp which released 2 days ago...Forecasters who predict under 200K (consensus 190K) are underestimating the powerhouse Usa...Usd/Jpy pair will jump above 120 in a few sessions (maybe today !)...This year the pair will head to north around 140 by year end.Ignored