Thread: Gbp/jpy
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  #273 (permalink)  
Old 06-09-2008, 01:02 PM
4xStar 4xStar is offline
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Join Date: Apr 2008
Posts: 932
Default Struggle

OK, now we really have a struggle .. she took out 207, then 208, then 209 with ease... but has seriously stalled at 210. According to Jebatfx (who, curiously has not posted a G-Y update since Friday...) she needed to reverse around the 209 area .. or if a breakout, then 213 looks like the next level of resistance.

But she is hovering in between. Rrram2 thinks she will go to 211, not 213, then retrace .. and he only buys retracements, never shorts.

So what do to now, me pretties.... I guess this is what they call 'sitting on your hands' time... until a new direction is confirmed.

I really hope she corrects seriously as akeakamai (hawaiian??) has suggested, that would provide a great ride down and then another equally great one back up.

In the meantime, we await her pleasure...
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