Seems to me that I have a tendency to blog in the morning. It's 6.14am on my side now, and my past few entries have all been made around the same 6+ slot. Maybe I get too tired after work.
I was looking at the G/U chart. And the 4hours chart showed uptrends, confirmed by the daily charts showing a white candlestick which is greater in magnitude and higher high and lower low than the previous black candlestick. I'm sure there's a name for that, but I just can't remember. After a drop of about 300 pips for the past week and a half, this might be a reversal. But like I say, I'm so amateur, I can't even understand how the market takes to some candlestick formations and ignore others completely sometimes.
Another weird piece of information is that I heard from some other traders that G/U is expected to make new highs beyond 2.0100 in mid Feb...I can't understand how this news come about. Maybe I should read more.
I just got a trial lesson with another econs student! Yeah! Haha...well...not only will it boost my income, but it really gives me space to teach more and, therefore, learn more. From what I am told, this student is highly motivated and have been passing her econs, but require a further boost. Which means my focus would be on application and deeper analysis.
Looks like it's an opportune time to recontinue my reading of Business Times.
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