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
DislikedLock, How much letters we need to decide the price has been accepted by players? Best D.P.Ignored
DislikedAn other little sign of weakness: B and D period highs both tagging yesterday London close at 3214. That was also the June lowest close for London. Now, as normal, C was inside bar of B, D attempted a breakout above C high, failed, and as you see price is now well inside C range aiming to its bottom (opposite side of this little cute balance) Also note that we have now a 5 letters POC for GB.Ignored
DislikedGood question. Technically a couple of periods developing around a particular level mean acceptationIgnored
DislikedPOWER IS OUT HERE IN MY LOCATION TODAY AGAIN... Nigeria sucks @ that! Will have to hibernate now and follow up on my mobile till US open.Ignored
Disliked{quote} ... The only possible sign of something is changing with this, it's the possibility of a pit gap down late today. I mean, if this liquidation will last downside below yesterday pit low and price will not be able to come back up, creating a gap down for pit US, in this case the scenario will change totally. ....Ignored
Disliked{quote} All the world is stealing oil from Nigeria. And this is one of the consequences. Nigeria (as people) is a victim of this, in my opinion.Ignored
Disliked{quote} Now, this break out downside, is aiming to a new test of the half back of the major daily bracket at 31637. The game here is to see if GB action is able to create, as previously written, a possible GAP down for preUS and Pit sessions. If so, as written, the weakness above could be skipped because a gap is a form of excess and could be a substitute for the lack of excess at the top of today Asia.Ignored
Above:
In the last price activity downside, starting since the poor high of Tuesday pit session 09.06, we managed to make 7 poor highs in a row from different sessions. This make a possible retracement of all of them a concrete possibility. The only obstacles to this correction are is the current GB gaps down from 09.08 and 09.13. If price will remove them it the odds are in favour for a continuation upside in order to remove all the weak partecipants coming down from Tuesday 09.06.
Also the Pit gap down could offer some resistance**, but if we come above it with GB session then it will be a target in a possible retracement down made (after the correction of tuesday high) by a pit session.
**Note that yesterday GB and pit sessions action upside has been interrupted by this pit gap down. Now right at the bottom of it we have currently a new GB poor high 3248 a Tokyo poor high 3247 and a pit session poor high 3245.
Above them we have:
Disliked{quote} Price went down 1 single pip below it. GB is currently in one timeframing mode downside from D period. Alot of single pips for G period. Minus develpment in it.Ignored
DislikedPreUS opens with a very little gap downside from yesterday pit low at 31795.Ignored
Disliked{quote} Now the small preUS gap down resisted to the first 2 preUS periods, and current action is building a bigger gap down for upcoming pit session. If so, and if this possible gap will not be retraced fastly, we could give some possibilities to this action to continue downside. Let's see how preUS will develop (now testing below GB session low). If it fails below GB low and come back into yesterday pit balance (meaning no gap at all for upcoming pit session) we come back in the upwards scenario.Ignored
Disliked{quote} Let's say it could be. I don't really know. references below are very close one each other.at least down to 31295 09.01 GB session poor low 31275 08.31 Tokyo session poor low Then we have the upper daily bracket low at 31185 that could offer some more support.Ignored
DislikedLet me note here that 31275 08.31 Tokyo session poor low has been only tagged not tested below. So an other passage is needed in order to take it out effectively.Ignored