Aug

12

 "The explosion is almost here."

Reminds me of the villains talking in Batman The Dark Knight Rises. OK I didn't mind the movie.

Gold had ten inside weeks closes.

GPUSD had ten inside week closes (I see this however had approx 32 weeks of range back in May2009-Jan 2010 before it finally kicked out and moved approx 3-4 times range size.)

In the early 2006 we had 10 inside weeks before a market move 6 x range. Though we have had plenty of other crappy yours mine.

What could be the interest around this movement to decide if this one will kick? Are we in a significant area for concern? What did the move preceding this consolidation signify if anything?

Always be on standby under such conditions and at the controls… and be looking to learn.


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