push pullback push
failure to push beyond 153.354 is evident, but pullback is being contained by 152.684
failure to push beyond 153.354 is evident, but pullback is being contained by 152.684
GBP/AUD, GBP/CAD, GBP/CHF and GBP/NZD thread 126 replies
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Dislikedpush pullback push failure to push beyond 153.354 is evident, but pullback is being contained by 152.684 {image}Ignored
DislikedWell put sir, its [TA] really the difference between gambling and trading.Ignored
DislikedWhat I really don't like about this kind of techical analysis that I see here is the fact that you always say that there are 2 possibilities: 1) Go up 2) If will not go up then it will go down This is something quite obvious...I think that we should concentrate at what is really happening! I mean, we have seen a down movement while we all expected an up movement after japanese elections. Why is this happening? It is only because someone is buying Yen because they are expecting Nikkei will move up or there is a different reason? ...I know that most...Ignored
Dislikedpush pullback push failure to push beyond 153.354 is evident, but pullback is being contained by 152.684 {image}Ignored
Dislikeda third failure at 153.354 and bears will be in full control, not very tough to see that oneIgnored
Disliked{quote} I thought that bears were in full control last night, but I was wrong. I actually think the bulls have control now in the short-term, which is why I am long. Of course, a third failure of 153.354 like you said would not be good for the bulls, but I actually think that there's enough momentum to push through. I believe this buying opportunity may last for several more hours. After that, I think the bears could take control.Ignored
DislikedIt's double sided. Bears are in control of USD-JPY right now, although that might be short lived as it could retest 100.50-101.50 area. Bulls are in control of GBP-USD for time being. Which is why if you're shorting yen pairs it's best to stick with UJ. But now we have the issue of EU GU AU running into resistance, so maybe the markets reverse for a bit. Interesting week for sure.Ignored
DislikedWTF is going on with GJ? Is this a mother f*ing short squeeze someone tell me wtf is happening. No fundamentals I want technical answers only for the last hour please.Ignored
Dislikedpush pullback push failure to push beyond 153.354 is evident, but pullback is being contained by 152.684 {image}Ignored
DislikedNothing odd is going on. The next bounce from about 151.7 /8 or whatever will determine whether this is a correction ( upside ) or part of a down move. {image}Ignored
Disliked{quote} It's a correction... that is clear, at least to me. I would even go as far as to call this a short squeeze (see my above comments).... Convergence of multiple time frames... we are going way, way, way higher now. This is exactly what I was afraid of. A mother fucking shakeout right before the big move. Not a surprise that I traded it like a f*ing moron. Sorry for the language, I am pissssssssed
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Disliked{quote} Well, sorry to be argumentative, but it is not clear that it is a correction. I personally think it's going down. But what I think is immaterial ... it is not clear yet.Ignored
Disliked{quote} CRAP!!!! I had a really long, awesome post written in response to this and I was just about to post it but it got f*ing deleted again. Man, I was basically going to share with you all my system... Not that any of you are probably interested in it anyways since I'm such a shitty ass trader. But now, f* it. I'm not writing this all over again. I will just say be cautious here because I am not confident enough that the bears have control. In my opinion, GJ could be setting up for a nasty headfake, shakeout, or even short squeeze, whatever you...Ignored