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    MarcinO
    Rep: 67
    Posts: 5,506
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    1.4255 at European open?
    My assumption is that the move down isn't done and Pound is likely to make another leg down.

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    6b 2016 04 03 png
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    jimkane
    Rep: 3,058
    Posts: 33,089
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    It looks ready to drop to the 20+- area.
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    jimkane
    Rep: 3,058
    Posts: 33,089
    0
    No Marcin again today. They must be running him through the meat grinder again today...
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    jimkane
    Rep: 3,058
    Posts: 33,089
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    Okay, they bounced it just above the low there. It's set up perfectly for a dump off this rip. But, will they do it? I'm not really sure, but I think it's only 30/70 they will.
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    jimkane
    Rep: 3,058
    Posts: 33,089
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    That rip is triggered. Now we see.
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    jimkane
    Rep: 3,058
    Posts: 33,089
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    Okay, get ready for a pop up, as all the shorts are now trapped.
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    jimkane
    Rep: 3,058
    Posts: 33,089
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    If this is genuine net sellers it has to sell. If not, then games will ensue.
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    jimkane
    Rep: 3,058
    Posts: 33,089
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    Another nominal new LOD, but the area is still holding. It's jammed between the backtest and the area, but keeps doing overlapping lower highs and lower lows.
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    jimkane
    Rep: 3,058
    Posts: 33,089
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    Long now triggered.
    RA
    rat89
    Rep: 0
    Posts: 7,015
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    context

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    screen shot 2016 04 04 at 10 14 46 am png
    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
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    Is it going to get going now?
    RA
    rat89
    Rep: 0
    Posts: 7,015
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    had a day full of appointments.....did you say something jim? ;)