GBP / JPY -- Guppy!

[sqa]

Looks like it wants at least 169.50, and if that gets taken, in for a long run down.

 

[jupiter_peak]

I believe we had an entry today right around the 172.13 level during the London open session.

 

[Tarri]

we're testing the bottom of OTE zone 173.5 to lows. Previous high in that area as well and bottom of previous retracement zone.

If there's a runup into 172.50 - 60 during LO will take that short.

 

[Alpha-Bet]

Nice price action falling out of the sky!

Yes.
Run has started.

EDIT: I'll take high 169's as an exit.

 

[Alpha-Bet]

Yes.
Run has started.

EDIT: I'll take high 169's as an exit.

Will add at appropriate levels.

 

[Alpha-Bet]

see you at 169.......

 

[Tarri]

see you at 169.......

hope so, jury's still out

 

[Alpha-Bet]

169....

jury is shit

 

[Piper]

Now thats why i hate the guppy.. You need a PHD in daytrading to touch it..

 

[sqa]

Now thats why i hate the guppy.. You need a PHD in daytrading to touch it..

Hindsight and all that, but while it's on a downtrend, it ran down and just clipped out Monday's High 4 hours before the Yellen Speech. So Shorts were left but Longs were mostly trapped out, for the day.

Then they ran it right up to just past the previous Week's high. That puts only the "Smart Money" still in the trade going down (next week) as still in their trade.

In other news, let me flag for ICT's incoming Market Maker series.

 

[Alpha-Bet]

Now thats why i hate the guppy.. You need a PHD in daytrading to touch it..

hahahahahhaa...
oh guppy....
wonder why i dance with you frequently but we don't go out