Glad to see u here mate.....busy last hour there yep the lower open was a great hint that a break lower was on the cards...will be interesting to see if we can hold lower and continue this downmove....Market will be waiting for the US data now so ...

GU, GJ and EU Analysis Thread

New diagonal support mentioned in previous post has broken to the downside.

GU, GJ and EU Analysis Thread

GU MP — GU market profile for the day so far....Early bell distribution stage at the moment....few things to take note. 1. POCS for this week so far have been 5054, 5067, 5059. All in the same line pretty much confirming a strong top is ...

GU, GJ and EU Analysis Thread

Morning guys, Good analysis Medici, Tau and 45condor, I agree with you guys that it is unclear at the moment and 5075 is possibly the 'line in the land' short setup zone. As per my last post yesterday I highlighted a price trap developing and ...

GU, GJ and EU Analysis Thread

Hourly price trap develping.....a break to the downside out this would be a good sign a down move is to begin...alternatively wait for a break below 5012 the neckline for the HnS pattern. RSI showing bearish divergence on 4hr as Tau has pointed out. ...

GU, GJ and EU Analysis Thread

Hi Calderone, good to see your post mate.... Stocky

GU, GJ and EU Analysis Thread

Hi Tau, Glad to see you mate....I agree we are forming a top at the moment. Possible HnS pattern forming on the hourly and 30 min. Will expect plenty of chop around here for the next few hours....I expect this will fall quickly when it ...

GU, GJ and EU Analysis Thread

5012 has provided a nice 60 pip bounce upto the daily pivot. even if you bought the close of the last hourly pinbar that was 30 pips upto 5076. I have closed buy order from 5017 here for 58pips as we could begin to form the right shoulder now on ...

GU, GJ and EU Analysis Thread

If the right shoulder forms in a similar place to the left should we would be looking for a lower high to form around 5070 / 5090 area. Looking at the profile you can see the top of yesterdays lower distribution ends at 5070 and the is also a ...

GU, GJ and EU Analysis Thread

No problem mate...easy mistake if you havent referred to the weekly. Stocky

GU, GJ and EU Analysis Thread

Thanks for joining the thread...hope you find it useful... 30 min is definately showing signs of a larger HnS pattern in the making...obviously until the right shoulder is complete it is not valid but something to definately keep an eye on. I come ...

GU, GJ and EU Analysis Thread

Hi Smikester, The weekly/ daily rising TL im referring to is visible in the chart im referring to. I classify it as a weekly or daily depending on what timeframe i need to work of in order to get at least 2 points to establish its gradient....The ...

GU, GJ and EU Analysis Thread

I expect us to battle around here for a while...at least until the next 4hr close....this highlight support is key at the moment...We need to break lower if a strong down move is to develop of the daily tl. Yesterdays lower distribution is slowing ...

GU, GJ and EU Analysis Thread

GU — As per yesterdays GU analysis we approached the weekly/daily ascending TL around 4pm GMT yesterday....as expected we spent most of NY and Asia around there forming a distribution. The TL seems to have done its job and held any 4hourly ...

GU, GJ and EU Analysis Thread

welcome 45condor, fudomyo, and calderone.....please to see you have suscribed...looking forward to exchanging thoughts and analysis with everyone... Stocky

GU, GJ and EU Analysis Thread

few stops going of there...this next 4 hour close will be important...i wouldnt jump in too early. Stocky

GU, GJ and EU Analysis Thread

Remember this is a daily TL we are approaching...price is not going to turn on the back of a dime but you got to assess the momentum we are approaching it with...We could easily head back straight from 1.51 with it being a psychological level and so ...

GU, GJ and EU Analysis Thread

Hi Puk, Nice to see you here mate...feel free to post your analysis and thoughts.. Stocky

GU, GJ and EU Analysis Thread

Hi Hell7, Great to see you here and looking forward to your posts...I have us at the same ascending daily TL also...my chart shows us about 25 pips away from it now. We are right at the top of todays profile bell now..will be intresting to see if we ...

GU, GJ and EU Analysis Thread

EU — Monthly, Weekly, daily, 4hrly and MP chart attached. Slightly longer term charts required to see overall picture for EU. Last weekly candle has formed a doji just below strong weekly support 2430 after breaking through on the 14th MAy. ...

GU, GJ and EU Analysis Thread