we have tested the previous pit low.. first period not likely to accept above or close to the reference lock previously referenced that the pit game would center around
last minute surge..
last minute surge..
Mysterio's Cable Corner -- Key Levels, Price Action & Order Flow 785 replies
Updating stops to lock in profits 3 replies
lock pattern for global variable in MT4 2 replies
DislikedLet's say you will see some correction of the currently upper minus developmend by upcoming pit session and then no continuation above it: in this case the yesterday pit poor low will be at risk and the lower composite poc will be very possible (2464).Ignored
Disliked{quote} Yes pit poor low tagged: but nno correction of upper minus dev. The sequence could be opposite. Or 25122 could be accepteted during period B, in this case we could skip the min dev.Ignored
Disliked2500 yes poor pit low tagged by A could be revisited if no continuation up to 2524 or failure above it.Ignored
Disliked{quote} Yes pit poor low tagged: but nno correction of upper minus dev. The sequence could be opposite. Or 25122 could be accepteted during period B, in this case we could skip the min dev.Ignored
Disliked{quote} A spike is a final test above or below a session made during the last periods of it. In this case J period. The spike base is the breakeven of it from the balance (max 2 letters wide) In this case the spike base (even if the spike failed) is at 25555. And this could be an important reference untill GB close (18:00+1GMT) and/or during the next GB sessions.Ignored
DislikedNow I think it cannot resist anymore, it looks too weak. But watch out if you will not see continuation below it. The yes gap upside could work as support. In any case be prepared for any possible scenario because this market is ruled by weak hands.Ignored
DislikedI definitely had this gap in mind, but sheesh didn't even give you a shred of time. real tempo reading was needed there and I must of in my heart bin eager to hold for bigger profit this time round. emotion is every traders worst enemy down like -1pt for the day.. note to self: ride the trade out with stop in original position or at least directly on break even if you secure good trade location and some room aheadIgnored
Disliked{quote} Today was (and is) a very very difficult market: there is no shame at all if you found problems to trade it.Ignored