Lock's Cable Corner | Page 368 | Forex Factory

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Lock's Cable Corner

  • #7,341
  • Nov 10, 2020 12:20am Nov 10, 2020 12:20am
For continuation upside we want to see acceptation above 3190, 3194 and 3200.
Ubi maior minor cessat
  • #7,342
  • Nov 10, 2020 12:22am Nov 10, 2020 12:22am
3227 is brexit low (2016) while 3230 is GB Jan 2020 high... very elongated A period.
Ubi maior minor cessat
  • #7,343
  • Nov 10, 2020 12:27am Nov 10, 2020 12:27am
If this action is serious the target can be 3319 back to back GB highs from 09.03-04
If rejection back to the mean as obvious
Ubi maior minor cessat
  • #7,344
  • Nov 10, 2020 12:52am Nov 10, 2020 12:52am
Will B an inside period? If so balance rules will apply.
Ubi maior minor cessat
  • #7,345
  • Nov 10, 2020 1:16am Nov 10, 2020 1:16am
Quoting Lock
Will B an inside period? If so balance rules will apply.
Attempted rally above B balance. 3227 - 3230 possible testing.
Ubi maior minor cessat
  • #7,346
  • Nov 10, 2020 1:23am Nov 10, 2020 1:23am
Quoting Lock
{quote} Attempted rally above B balance. 3227 - 3230 possible testing.
If acceptation above 3227 - 30 we can imagine the fill of the old September Gap downside up to TOkyo poor high 32575. If rejection above them we can think to a correction below B period balance (3194 retest?).
Ubi maior minor cessat
  • #7,347
  • Nov 10, 2020 1:36am Nov 10, 2020 1:36am
Quoting Lock
{quote} If acceptation above 3227 - 30 we can imagine the fill of the old September Gap downside up to TOkyo poor high 32575. If rejection above them we can think to a correction below B period balance (3194 retest?).
3230 too exact tag to be serious rejection
Ubi maior minor cessat
  • #7,348
  • Nov 10, 2020 1:38am Nov 10, 2020 1:38am
Quoting Lock
{quote} 3230 too exact tag to be serious rejection
second exact tag...
Ubi maior minor cessat
  • #7,349
  • Nov 10, 2020 1:40am Nov 10, 2020 1:40am
Quoting Lock
{quote} second exact tag...

I hope this helped you to stay in. Now if rejection have been occurred above it it could have be a different thing. ....
Ubi maior minor cessat
  • #7,350
  • Nov 10, 2020 1:40am Nov 10, 2020 1:40am
Quoting Lock
{quote} second exact tag...
taken
  • #7,351
  • Nov 10, 2020 1:41am Nov 10, 2020 1:41am
Quoting Lock
{quote} I hope this helped you to stay in. Now if rejection have been occurred above it it could have be a different thing. ....
i closed at 31400 this has huge potential for continuation
  • #7,352
  • Nov 10, 2020 1:42am Nov 10, 2020 1:42am
Quoting Lock
{quote} If acceptation above 3227 - 30 we can imagine the fill of the old September Gap downside up to TOkyo poor high 32575. If rejection above them we can think to a correction below B period balance (3194 retest?).
Filling the gap toward 32575 Tokyo ph: always monitor for acceptation above 3230 as it is our last downside ref to accept.
Ubi maior minor cessat
  • #7,353
  • Nov 10, 2020 1:45am Nov 10, 2020 1:45am
Quoting Lock
{quote} Filling the gap toward 32575 Tokyo ph: always monitor for acceptation above 3230 as it is our last downside ref to accept.
old GB gap base 3239 (you want to see price above it for continuation)
Ubi maior minor cessat
  • #7,354
  • Nov 10, 2020 1:47am Nov 10, 2020 1:47am
Quoting brewmaster
{quote} i closed at 31400 this has huge potential for continuation
3240 sorry
  • #7,355
  • Nov 10, 2020 1:50am Nov 10, 2020 1:50am
Quoting Lock;13255233[B
]If this action is serious the target can be 3319 back to back GB highs from 09.03-04[/b] If rejection back to the mean as obvious
Remember that this action has as a potential target 3319: for those that are not still in opportunities can develop to re-enter. For instance current D is very elongated. If price will retrace back to retake some that could provide an opportunity to re-enter.
Ubi maior minor cessat
  • #7,356
  • Nov 10, 2020 1:52am Nov 10, 2020 1:52am
Or... this action can also miserably fail and in such case opportunities downside are immense. So monitor the situation carefully and take your decision evaluating Market Generated Information. No wishes, no dreams but no discouragement.
Ubi maior minor cessat
  • #7,357
  • Nov 10, 2020 1:55am Nov 10, 2020 1:55am
Quoting Lock
{quote} old GB gap base 3239 (you want to see price above it for continuation)
old Gb gap filled up to its top 3254 (at the pip): weak level considering also Tokyo poor high at 32575. Let's see.
Ubi maior minor cessat
  • #7,358
  • Nov 10, 2020 2:03am Nov 10, 2020 2:03am
Quoting Lock
{quote} old Gb gap filled up to its top 3254 (at the pip): weak level considering also Tokyo poor high at 32575. Let's see.
32575 taken out: note 32595 2019 pit unch. Fundamental ref for upcoming pit participants. If we will see acceptation above it this can provide a good edge for next sessions. If not. Liquidation waiting for pit.
Ubi maior minor cessat
  • #7,359
  • Nov 10, 2020 2:07am Nov 10, 2020 2:07am
Quoting Lock
{quote} old GB gap base 3239 (you want to see price above it for continuation)
Back to the base 3239 as normal: is filling it. But for continuation we want acceptation above it. If not...
Ubi maior minor cessat
  • #7,360
  • Nov 10, 2020 2:08am Nov 10, 2020 2:08am
Quoting Lock
{quote} Remember that this action has as a potential target 3319: for those that are not still in opportunities can develop to re-enter. For instance current D is very elongated. If price will retrace back to retake some that could provide an opportunity to re-enter.
Look at D period single letters: if preserved, good opportunity to re enter. If not, liquidation to the mean
Ubi maior minor cessat
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