So far tonight, our G-Y friend has tested the 00 level twice and failed, as of this typing, it is heading south again … keep an eye out, this could become a good ride one way or the other 
Those sweetspot indicators mentioned below just mark the 00 and 50 levels, very useful for the G-Y as often if it fails a 00 or 50 level you can expect a 100+ pip move in the opposite direction … just something to check out on an hourly chart, everything helps when learning to ride this pair.
OK, now it is just teasing us again! Down to 202.96, looked like the continuation pattern mentioned in the G-Y thread … then suddenly reverses back to 203.70-ish and bangs its head there.
I think it will end up going down before making a major retracement back up, and after this consolidation whichever way it goes … could be a substantial move.
Is this an unpredictable pair, or what? If anyone has figured out how to predict it … post it here asap 
I’m back at this pair after a 2 weeks off, I’m presently Long, looking forward to 205.00. 50 pip trail stop.
I keep forgetting to check this thread!! Seems like the g/j tries to break up but is faced with the 200, 100 and 50 ema’s on the 4 hr which are all converged. The downside h/s on the daily and 4 hr are still holding. I personally wouldnt buy until a break of the 204.50 area. Shorts look more promising due to the h/s patterns and MA’s.
Welcome back cadar!
I agree Pip Chick
I posted this first paragraph to my blog on 5/13: amidst the 204.81/202.55 congestion region, it’s still applicable, though my short-term (usually a shelf-life worth a swing trade) upward bias wore itself out:
The Guppy is backed up against 204.20 with nowhere to go. In the scope of the full decline of 212.86 to 192.01 (basically 2100 pips) we just saw a revisit of extension from 208 (23.6%) to 200 (61.8%) and now a retracement since Sunday back to the current level shy of 204.00, with 204.81 (38.2%) acting as our next retracement barrier; but again, 204.20 is presenting some interference to that advance.
Here’s a baby-pips-specific addendum :
I went long @ 203.64 based off this on 05/13, stopped out at 204.01 after a move to just above 204.81. After the third touch of the fib level failed to materialize into a break, I shorted at 204.81 on 05/14. Still holding there and anticipate further downside. That said, a break of 203 (proving a bit formidable the past day or two) will mean a decline to the 50% fib @ 202.55, which is reinforced by a heretofore durable ascending trendline from 03/16. The 61.8% fib fan was finally breached and held on the 3:00 a.m. H1 candle, subsequently becoming resistance, this leaves the trendline in the 202.30 region, followed by the 50% fan @ 201.30. Medium-term I’m looking for a return deep into the 190s.
Andrewunknown
Such a gift that would be 
What is your definition of medium term?
Well I guess we got our answer as to which way the G-Y wants to go first…
204.30 and climbing…
We can always count on the g/j giving us the answers…lol
Sure enough, it declined to just above 202.55 and then took off in the other direction - nice to see some life again for the Guppy, even if it meant stopping out my short from 204.81 That’s okay, though - some nice pips there, and I just got back in on a short @ 204.80. The real level to break intraday is the 204.81-204.98 zone, which I don’t think is going to happen. Then again, I’d gladly take a s-t ride up, but I do remain bearish, overall.
Edit: that’s a nice long red candle on the 0800 ET H1 (bearish engulfing over 0600, 0700), but looks like we’ve got interim support off the 144 EMA @ 203.65 and resistance off the .618 fib fan @ 203.97.
I hope you guys that were Long took your pips and ran.
We have at least 3 threads on this forum that discuss the G-Y & I visit all of them, trying to figure out if someone really understands this pair …because then I am going to stick like glue to that person and learn as much as I can
Jepatfx from Malaysia has charts that look like the electrical & plumbing plans for the NY subway system and basically everyday he says it will either go up … or down. He has been biased to the downside however, which was not the correct shorter term call. Although he also says if you go to Kuala Lampur & attend his workshop & learn his proprietary BSTS system, you will then have the key to G-Y’s engimatic little heart.
Maybe.
When cadarkitek said he/she was long earlier, I thought … well that’s not a good idea … because it was still looking really bearish to me and PipChick agreed with me.
But cadarkitek is now counting his/her pips
rrram2 said earlier he bought at 202.99 and was expecting it to surge even higher at NY open, to 206 and beyond.
Nope.
Then there is Andrewunkown … who for this time at least, seems to have made the most accurate call … he shorted from the last pop at 204.80, cashed out at 202.60 and is now short again from 204.80 … he has also done a good job of explaining his reasoning, which is very helpful.
So for the moment I am sitting at the feet of Andrew & listening to his next g-y pearls of wisdom … unless he screws up, of course … but for now, Andrew wins the prize & he already has his pips.
Well i got 150 from my Long trade and i’m looking to go Long again pretty soon. I’ll post my Entry. You can count me out of the bearish moves on this pair, I prefer going Long.
That’s a tall order there - look for my upcoming trades here to be horrendously wrong.
Btw, I didn’t sell at 202.60, but noted there was significant support there. Too bad I was asleep or I would’ve moved my stop in further. I actually got stopped out at 203.69 on the short from 204.81, then re-entered 1/2 @ 204.80, 1/2 @ 204.50.
Two touches off the 144 EMA, last time rebounding about 100 pips. There’s a lot of back-and-forth right now that will hopefully resolve itself into a trend soon, but requires some care lest one be whipsawed to death in the meantime.
Interesting, because that is against its overall daily & weekly trend … is this a short term decision, or do you just prefer only going long on this pair? I’m a bit like that with the euro … even tho it has been heading straight up, I will not go long, prefer to just short every spike or rally.
That may be because my first few trades with it were longs and all lost money … so I got mad at it & now only will short it But then shorting every spike since March has been golden
I have nothing more to say but this is my 100th post & I want to see my title change from Junior to Senior Member 
Done.
In other news, there’s a symmetrical triangle I’m monitoring on the M15 winding out right now…
When i say i prefer going Long, I meant overall, I stop taking short trades on this pair for sometime now. Even if i get a “great” Short signal I pass it on and wait for a Buy Entry.
Entered Long again 204.22, 1st TP will be at 204.90, looking for break above 205.00 on 2nd lot.