This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
Friday, 14 September 2012
no real sell signal yet .An aggressive trade would be to short with a s/l at 7453 (10 pts above resistance)
(not a trading recommendation)
For GIB if he stops by. That little blue pattern we talked about a month ago in USDJPY. Count the touches on each of them then the breakdown....Candle setups is required to try to hit it long because its countertrend, but prettay intersting...
Thanks for sharing that SJ! After DK found a triangle there with downside implications, I haven't watched it much. But that does look interesting. And I saw the BOJ is suspected to be considering intervention again. Courtesy of needing to undo the dollar weakness Benster printed.
Could be a weekend event, eh? Thanks, I'll put it on the radar.
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For GIB if he stops by. That little blue pattern we talked about a month ago in USDJPY. Count the touches on each of them then the breakdown....Candle setups is required to try to hit it long because its countertrend, but prettay intersting...
ReplyDeleteGreggor--USDJPY Little Blue Line
Thanks for sharing that SJ! After DK found a triangle there with downside implications, I haven't watched it much. But that does look interesting. And I saw the BOJ is suspected to be considering intervention again. Courtesy of needing to undo the dollar weakness Benster printed.
ReplyDeleteCould be a weekend event, eh?
Thanks, I'll put it on the radar.