GU lot of long orders around 1.2970 but do you think it a wise trading choice now.............at least not for me

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EU broke through S of 1.1510-1.15 ...............next 1.1480...............1.1450...............1.1420-30

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UJ is up after the BOJ policy statement and now is at R of 112.30-40.............up next R 112.70-80..............down next 111.90-112

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GU broke down the range below 1.30 next upcoming S 1.2970..............1.2940..............1.2910.and now retesting the broken S.................UK retail sales may deepen its move

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Be careful pipsy7.......UJ may turn up from here............do not let winning turn into losing

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may be but inclined to lower since the beginning.................and if so 1.30 will be very strong R

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Yesterday GU daily range from 1.3126 to 1.30 approximately and the range formed from 1.3010-13050 which is not exactly but approximately in the lower third...............range is formed like this price break into R/S found another R/S but close to ...

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image

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GU is severely congested.......... can not break S so may rebound up..............closing my position on it

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UJ 111.80-90 should keep the price down for further depreciation.............otherwise rebound up

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yes you deserve all the green pips

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so the 1st hour of NY will set the direction of the day..............let us see

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Rule for range.................. Significant move down.........................followed by range in the lower third.............most of the times(not all)..............price will break down Significant move up.............................followed by ...

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yes

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simple..........if you have bearish look hold the top until it breaks and vice versa

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GU range 1.3050-1.30.........up or down?.........I am bearish until prove otherwise

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notice how GU S at 1.30-1.3010 is acting............but it will give way I think

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GU short from around 1.3050

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UJ short from 112.10 still ok

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wellcome

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