Lock's Cable Corner | Page 369 | Forex Factory

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Lock's Cable Corner

  • #7,361
  • Nov 10, 2020 2:14am Nov 10, 2020 2:14am
Quoting Lock
{quote} Back to the base 3239 as normal: is filling it. But for continuation we want acceptation above it. If not...
All eyes on 3239: if you re entered at E low, watch out: you want price accepted above 3239
Ubi maior minor cessat
  • #7,362
  • Nov 10, 2020 2:28am Nov 10, 2020 2:28am
Quoting Lock
{quote} All eyes on 3239: if you re entered at E low, watch out: you want price accepted above 3239
Im short for now targeting half back
  • #7,363
  • Nov 10, 2020 2:48am Nov 10, 2020 2:48am
Quoting Lock
{quote} Look at D period single letters: if preserved, good opportunity to re enter. If not, liquidation to the mean
They did everything they could to remove us from this thing: but here you have market generated information. Did you see that price action preserved 1 single letter clean of D period? So what? This means that we can have a double distribution trend sessions here. And this is the reason I suggested to take that opportunity to re-enter.
Ubi maior minor cessat
  • #7,364
  • Nov 10, 2020 2:50am Nov 10, 2020 2:50am
Now let's see. I want continuation now. If not this time will be over.
Ubi maior minor cessat
  • #7,365
  • Nov 10, 2020 2:52am Nov 10, 2020 2:52am
Quoting Lock
Now let's see. I want continuation now. If not this time will be over.
I mean if you see price again at E-F lows..
Ubi maior minor cessat
  • #7,366
  • Nov 10, 2020 2:55am Nov 10, 2020 2:55am
Quoting Lock
{quote} I mean if you see price again at E-F lows..
F low made me hesitate to reenter long
  • #7,367
  • Nov 10, 2020 2:55am Nov 10, 2020 2:55am
If next period will open inside the old GB gap we will see poc moving higher from current location. If so continuation is very possible. Eventually with a spike.
Ubi maior minor cessat
  • #7,368
  • Nov 10, 2020 2:56am Nov 10, 2020 2:56am
Quoting brewmaster
{quote} F low made me hesitate to reenter long
Absolutely reasonable: as I said they made everything they could to take us out.
Ubi maior minor cessat
  • #7,369
  • Nov 10, 2020 2:59am Nov 10, 2020 2:59am
The only thing I do not like of our current long is that 32595 tag: I fear that pit participation could be needed to eventually re test it. Let's see. Acceptation above 3239 is highly needed to see the a good outcome for our longs. If not, well, we have mouses...
Ubi maior minor cessat
  • #7,370
  • Nov 10, 2020 3:01am Nov 10, 2020 3:01am
Quoting Lock
The only thing I do not like of our current long is that 32595 tag: I fear that pit participation could be needed to eventually re test it. Let's see. Acceptation above 3239 is highly needed to see the a good outcome for our longs. If not, well, we have mouses...
That now we have... but still don't like current situation. Take care.
Ubi maior minor cessat
  • #7,371
  • Nov 10, 2020 3:02am Nov 10, 2020 3:02am
Quoting Lock
The only thing I do not like of our current long is that 32595 tag: I fear that pit participation could be needed to eventually re test it. Let's see. Acceptation above 3239 is highly needed to see the a good outcome for our longs. If not, well, we have mouses...
exactly I fear this is it. long needs to wait for pit participants
  • #7,372
  • Nov 10, 2020 3:03am Nov 10, 2020 3:03am
Wait: F period is an inside one: balance rules again. This can help us to clarify.
Ubi maior minor cessat
  • #7,373
  • Nov 10, 2020 3:11am Nov 10, 2020 3:11am
The fact here is that we have very good reasons to continue higher: that back to back GB highs at 3319 call for revenge plus we also have a PIT poor high at 3297. And current daily trend is now upside. So.. I really cannot imagine a failure. But everything is possible obviously.
Ubi maior minor cessat
  • #7,374
  • Nov 10, 2020 3:15am Nov 10, 2020 3:15am
Quoting Lock
Wait: F period is an inside one: balance rules again. This can help us to clarify.
Attempted rally above F high
Ubi maior minor cessat
  • #7,375
  • Nov 10, 2020 3:16am Nov 10, 2020 3:16am
Quoting Lock
The only thing I do not like of our current long is that 32595 tag: I fear that pit participation could be needed to eventually re test it. Let's see. Acceptation above 3239 is highly needed to see the a good outcome for our longs. If not, well, we have mouses...
retagged now very poor...
Ubi maior minor cessat
  • #7,376
  • Nov 10, 2020 3:16am Nov 10, 2020 3:16am
Quoting Lock
The fact here is that we have very good reasons to continue higher: that back to back GB highs at 3319 call for revenge plus we also have a PIT poor high at 3297. And current daily trend is now upside. So.. I really cannot imagine a failure. But everything is possible obviously.
E high taken ?
  • #7,377
  • Nov 10, 2020 3:18am Nov 10, 2020 3:18am
Think about what other GB participants are currently thinking: we are going to test 2019 pit unch without pit participants... Are we right? Is it risky? That is..
Ubi maior minor cessat
  • #7,378
  • Nov 10, 2020 3:19am Nov 10, 2020 3:19am
Quoting brewmaster
{quote} E high taken ?
Nope: at least 2 pips needed for that
Ubi maior minor cessat
  • #7,379
  • Nov 10, 2020 3:19am Nov 10, 2020 3:19am
Now, is taken out. Let's see. The break from balance occurred at F high obviously. Stops now below it if something will go wrong in this risky attempt to 3397 above 2019 pit unch 32595.
Ubi maior minor cessat
  • #7,380
  • Nov 10, 2020 3:26am Nov 10, 2020 3:26am
Btw, note the substantial gap Gb is building from yesterday pit high at 3203. And if preserved, imagine the situation of pit participants at open...
Ubi maior minor cessat
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