GU is slow indeed… 52 pip range so far from 79 pip ADR. There is just enough room for NY to go lower and to fill in the gap before NY closes tonight. If not, then tomorrow we will see 1.3612. IMO

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I see what you’re saying and I would not buy GU at this stage. IMO

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My idea is that your blue line is a good selling point for GU to go lower below the current daily low of 1.3637 to 1.3612.

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Well, it does work to a point.. pls keep doing it… Moty uses a hammer in such cases lol, but when Pat and Mr.Burger are on the opposite side of the shorts, I start worrying…. Time will tell

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GU I’m keeping the shorts. LL on the daily confirms the start of the GU bear sentiment. I expect more of it over the next couple of days. Sell the rallies would be the best approach. I see 1.3612 as a temporary short term support.

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If I could give you my opinion, and it is only an opinion, supported by the charts below, I think that GU has just started declining and the decline will continue at least until she hits 90 degree of price at 1.3487. That magenta downtrend line on ...

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3 more hours to go before NY closes. I guess we shall see 1.3645. ..??

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Well done, good result! I prefer to hold on to my shorts a bit longer. GU is keen to drop further before NY close. Call it greed, I don’t mind lol. Enjoy your weekend

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GU adding a short position. The previous positions were opened on the phone, while I was out. As anticipated, a rejection of 1.3738 would mean a pullback, at least temporarily, targeting 1.3488 and possibly lower.

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GU closed with 3 pip profit. Got to go out and can’t monitor the trades. Have a nice weekend everybody!

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GU SL hit, 5 pip loss. Longs re-entered again at the same price

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GU long scalp at the touch of the red equilibrium line, which should act as support. Tight 5 pip SL, aiming for 15-16 pip around yesterday’s high

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Spot on Sir!!

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Out of the shorts at BE, don't want to risk it. Might try to short again later after the spike

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The red line is dangerous, same as the red dress lol … if the price goes above the red line , the shorts are fuc%ed usually. I might consider getting out at BE before Juan’s verdict

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Yep, bring the judge in before my SL gets hit lol

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Oh, noo.. But that would spoil my fun with the shorts, wouldn’t it??

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I do not like to trade in the opposite direction to you . Could you not change that to sell?

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The red price / time equilibrium trendline acts as a support and could trigger a bounce towards 1.3730 area. If that happens, I’m prepared to move the stops just above the black trendline but so far she’s going lower as far as I can see it.

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Morning all GU short. The first two positions were triggered while I was asleep during Tokyo. I left them as limited orders and just opened a third sell with another one pending, expecting the drop to start today. SL is in place. It’s Friday, ...

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