In both scenarios the broker s/l is following price (it means exactly over the current price if market and under the current price if buy).
After a certain number of pips (it depends on your...
Type: Posts; User: cammele
In both scenarios the broker s/l is following price (it means exactly over the current price if market and under the current price if buy).
After a certain number of pips (it depends on your...
40547 obviously remains a very very important level! Monitor over it for rejection or acceptation!
I mean, if price will manage to get accepted over 4025, then the opposite side of inside pit week (4278) is that the normal direction. With a new price acceptation below 4025, the break below could...
4025, as, it's the principal level for current pit session. Above it we have space for a Complete correction of the pit within week (see previous posts) Below it we can contemplate the weekly...
Amount of anomalies left upside during this morning liquidation that was plogical. Carry forward this information.
This is a valuable information as an exact level tagged is generally a questionable one for definition: who sell or buy at a precise and very observable degree? Terrible hands...
A different...
Well, what a wonderful spot 4025, is not it? 3 Pips below it, collapsed, 75 pips upside, straight back to 4101, at the pip (also It's now a weak and bad high)
Given the fact that we already have acceptation above it. As we spent the session above it at the zone.
Here we're finally at 4025: ideal tag for now. Monitor carefully for acceptation or rejection under it!
So pit started, went downside to test 40547, collapsed below it and came back upside towards the top of this old pit gap (4001) just to stop a few pips below it...
Note that PreUS B phase is an one. Principles apply.
I also suggest to continue to give attention to major action downside half back 40547.
Finally notice that price is currently...
Now 4025 is your reference for US participants as it is the low of this pit inside week. Again, acceptation or rejection above it is fundamental as in case of acceptation we can aim at the top of...
Attempted break upside from within interval. Retesting 40547. Monitor for acceptation or rejection.
B within interval: balance rules apply. Very narrow range. Watch out!
I also suggest to note that 40547 is the half back (mid level) of this previous action disadvantage from 25.01 into 09.02:
acceptation above it's required for any continuation upside.
A...
Obviously, if rather GB will liquidate abruptly from here and will figure out how to regain acceptation below within GB week reduced (39795) then you may seriously take under account the prospect of...
Quite good. I think you understood the importance of that amount.
Now look at this: GB opened over 39795 GB interior week low. Plus it started with a huge new gap upside.
Therefore...
So recalled what I wrote concerning the possible strong support offered by trend 2009.01.23-2016.02.29
Let us see if we can eliminate it. Or not.
Here we're eventually, 39153 labeled. Now it is weaker than before. Btw I have been mesmerized by cost activity up and down inside GB week reduced 39795. So I must admit that I lost money and I...
For upcoming GB session remember that we're in a weekly breakout from balance. The previous GB inside week has, as composed yesterday, these extremes: 39795-4260
So currently we are below its...
No acceptation found above 4025 throughout pit session numerous efforts and finally price proceed lower. Again: the importance of market generated info.
Note also that L span made a last...
Testing 4025 from below...
Remember that current pit session is attempting a breakout below inside week low 4025. Rules implement on the daily interval. Also keep in mind that the absolute low of week that is inside is GB...
4025 weak low taken from preUS C interval. Note anyway that this is the very first evaluation below last pit inside week. Watch out.
Recall also this: 4278, high, February that is present, is weak and poor. I'm not saying it has to be corrected now, nor today. I'm saying that it is quite rare that a poor high could withstand for...