As we are nearing the ITD 8 high time zone reversal (take a look at July 13 post to see why we are nearing ITD 8 high time zone reversal), per the rule I posted on how to trade a Delta point (http://cmellon-deltatrading.blogspot.com/2009/05/how-to-trade-delta-point.html), a daily candle close below the low of the the signal day at 152.375 would increase the probability that ITD 8 high is already IN at 155.16.
1 comments:
Thanks for the post...its clear from your post that we may be traveling down for next few days on gbp/jpy. thanks man for analysis.
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