Hi guys and especially Amundo George is of course right - they are everywhere in the financial markets! This is M15 SUGAR
Did you do your homework? Part II 0 replies
Did you do your homework? 0 replies
George Soros is not a trend follower 23 replies
George Soros Selling Dollar/Yen? 11 replies
DislikedMy last post of this lot - promise! Please look at the three lines I have applied to my last chart of Cotton M15. You can see the lines show the point where the reversal is happening after the cleanout. These lines can be drawn in advance using the other reference points around the herd area etc. Monday morning should see this one going down..... like I said earlier the Cotton needs pickin'...... I believe the overhangs of the lines are "excess price areas." {image}Ignored
DislikedHi Amundo - it might be Action Reaction for sure (Babsom theory I think right? ) but I stumbled on this theory by Laurentiu Damir in his book "Price Action Breakdown" - what an amazing read. Basically price moves in value channels with the middle line being control price. He asserts that supply and demand moves between the upper and lower lines with "excess" occuring when it moves outside in the form of non-initiative moves or single tails. Those are buy sell areas with a target of the control price line which acts like a price magnet. The lines...Ignored
DislikedToday's adventure in play, with sell limit orders set based on my M1 TMA level/zone readings. The last few days are shown against the Damir approach which uncannily meshs with George's approach. MM is building another Herd Support Validation area at the bottom while preparing to trigger the one above in my opinion. This is possibly setting the scene for a double tap.... {image}Ignored
Disliked{quote} That's a lot of words. I'm sure you know exactly where the market is going to go next then, right? It's all very well commentating every movement, and coming up with a reason for it, it's not as easy to know what happens next.Ignored
DislikedCodie - gonna take a bit to get through that...that is a real BIG WALL OF TEXT! Good post by profitfarmer on Anthony's journal - sage advice: https://www.forexfactory.com/showthr...7#post12237687Ignored
Disliked{quote} Good morning NewSim. hahaha indeed it was alot of text and repetition, even for myself BUT the commentating of the movement helped me see how all the moves/swings are connected to form part of an overall picture/manipulation. ...Ignored