The Explosion is Almost Here, from Craig Mee
"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.