The bigger boy want to continue to dump Yen, because currently, Yen is weak. But we need to read their move so that we can dump Yen at the same time. So for now, we are monitoring the Yen
Price was consolidating, then we had a breach to the upside, meaning the big boy are not filled. The cant continue to buy at higher price, they need cheaper price to continue their business.
So we will wait for a pullback(discount) from the seller, before we will continue to buy with the big boy. OANDA:GBPUSD
My post analysis on GBPCAD trade. Actually, I was planning to buy GBPCAD in this New York session. Later i discover the trade has change from 1hr/4hrs trade into 4hrs/Daily. We have a guy given us issues on 15mins/1hr timeframe. So we just have to abandon our buy idea till further notice
