How many bounces off the 200DMA since January's run on no news and extremely heavy volume? 4 by my count...and now the 200DMA is pointing up:
A PR came out today as well...nothing fluffy 'anticipating signficant' etc etc. Just very matter of fact in my opinion. If you're looking for the quick P&D penny flip I think you'd best look elsewhere. There's a guy bashing FXGP on this thread who seems to like those.
If you want to taste the fruit, you have to go out on a limb. But if you wait for the herd to move out on the limb....the branch tends to snap.
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