Disliked13:39 +1GMT I period is inside H so current J is an attempted breakout downside. If it will fail back to the poc at 24316/32.Ignored
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Disliked13:39 +1GMT I period is inside H so current J is an attempted breakout downside. If it will fail back to the poc at 24316/32.Ignored
Disliked{quote} first possible natural target 23775 (period I high, opposite side of the balance.) If we consider J attempt failed below I period low (2339).Ignored
DislikedCurrent situation before news in a daily profile chart where any letter is 5 pips. As you see both Tokyo session and GB session are inside the daily value area. Its limits above and below work as support and resistance. Any meaningfull action need acceptaion below or above current value area. Note the composite POC working as a pole of attraction for price. {image}Ignored
DislikedCurrent situation before news in a daily profile chart where any letter is 5 pips. As you see both Tokyo session and GB session are inside the daily value area. Its limits above and below work as support and resistance. Any meaningfull action need acceptaion below or above current value area. Note the composite POC working as a pole of attraction for price. {image}Ignored
Disliked{quote} 12:05 +1GMT ... Note that GB already made 2 minus development at 23165-23715 and 2391-24255. Carry this info forward. Note that current "hypothetical" pit session gap down is more than 300 pips right now.Ignored
Disliked{quote} So, the first minus development 23165-23715 has been corrected completely by H period that also retrace some pips of the second one at 2391-24255 up to 2397.....Ignored
Disliked{quote} 11:15 +1GMT So it's breaking below D balance as expected (the break was expected not the direction, as written) Monitor for continuation. We are now at Tokyo open 23875. For continuation we would like to see price accepted below it. I forgot that D period high was also at 2451 half back. So a double weakness there. Carry this information forward.Ignored
Disliked2451 taken out. Now we have the top of the value area around 2470 level. If it break it and find acceptation above it, then "God save the Queen"*. If rejected then return to the mean (POC at 24316) ....Ignored
Disliked15:26+1GMT less than 5 min to go for Pit session. C low at half back plus round 2350.Ignored
Disliked.... Note anyhow that current E period is the last one for London, so it could be tricky because most of this action could be only liquidation of opened positions and not new money selling. {quote}Ignored
Disliked09:03+1GMT GB opens exactly at Friday GB unchanged at 23666 and inside the lower GB distribution: initial acceptation of it and tests above and/or below it are expected (2312-23975)Ignored