Lock's Cable Corner | Page 232 | Forex Factory

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Lock's Cable Corner

  • #4,621
  • Sep 20, 2017 5:15am Sep 20, 2017 5:15am
Quoting Lock
USDX weak low as it is a perfect tag of older gap upside. {image}
Weak low taken out in USDX as expected.
Attached Image (click to enlarge)
Click to Enlarge Name: 2017-09-20_12-13-03_weak low taken out.png Size: 26 KB
Ubi maior minor cessat
  • #4,622
  • Sep 20, 2017 5:19am Sep 20, 2017 5:19am
Quoting Lock
F inside E inside D: full balance and attempting break below E by current G period. In case of failure in one direction, natural target the opposite side of the balance.
...obviously in case of success GB 3503 of 2009 low to retest and current poor low to take out (3509).
Ubi maior minor cessat
  • #4,623
  • Sep 20, 2017 9:53am Sep 20, 2017 9:53am
Quoting Lock
D period is very elongated. We are close to the major composite poc 3584 and we are before very important news. So huge volume will be required to evade again this zone. I suggest to be prudent. Rotational environment is more than possible in such conditions unless exogenous events will occur.
And here we are again...at composite poc 3584. Full rotational environment as expected all day long for now.
Ubi maior minor cessat
  • #4,624
  • Sep 20, 2017 11:54am Sep 20, 2017 11:54am
Quoting Lock
{quote} And here we are again...at composite poc 3584. Full rotational environment as expected all day long for now.
...and again...
Ubi maior minor cessat
  • #4,625
  • Sep 20, 2017 1:15pm Sep 20, 2017 1:15pm
But now we got volume... So a possibility is to see USDx finding its way to correct upside huge anomalies. And, as a consequence, we could see cable in the opposite direction. But I'm sepaking on the biggest scale. For now we only got a shake out. And brexit close has not been tested at 36767. At the same time a test there is not a "must happen" thing. It is only an other possibility.
Ubi maior minor cessat
  • #4,626
  • Sep 20, 2017 1:16pm Sep 20, 2017 1:16pm
92.84. Anomalies in USDX are there. Old 5 five pass GB gaps left unfilled. Never seen a thing like that. Who knows.
Ubi maior minor cessat
  • #4,627
  • Sep 20, 2017 1:18pm Sep 20, 2017 1:18pm
3508 is clearly done anyway. for sure.
Ubi maior minor cessat
  • #4,628
  • Sep 20, 2017 1:22pm Sep 20, 2017 1:22pm
Quoting Lock
3508 is clearly done anyway. for sure.

But is is only a cluster of poor lows made by weak hands during overnight. So it means nothing to me. Major composite pocs are 3521 (right here) and 3397 far below. Above it is at 3584. So we could stay here until tomorrow and balance. Or we could test below overnight low and see if it is possible to reach the lower poc at 33397.typo sorry

If the idea on USDX is correct, the lower poc is not impossible.
Ubi maior minor cessat
  • #4,629
  • Sep 20, 2017 1:23pm Sep 20, 2017 1:23pm
Quoting Lock
3508 is clearly done anyway. for sure.
a genius was not needed for this.
Ubi maior minor cessat
  • #4,630
  • Sep 20, 2017 1:26pm Sep 20, 2017 1:26pm
So, overnight low (Sydney low 34907) tested right now. Let's see if is able to evade the closest upper poc at 3521 and to remain below overnight. Right now profile session means nothing: 3503 is the main number here. (2009 absolute low)
Ubi maior minor cessat
  • #4,631
  • Sep 20, 2017 1:30pm Sep 20, 2017 1:30pm
USDX situation.
Attached Image (click to enlarge)
Click to Enlarge Name: 2017-09-20_20-29-04_usdx current.png Size: 27 KB
Ubi maior minor cessat
  • #4,632
  • Sep 20, 2017 1:31pm Sep 20, 2017 1:31pm
Quoting Lock
So, overnight low (Sydney low 34907) tested right now. Let's see if is able to evade the closest upper poc at 3521 and to remain below overnight. Right now profile session means nothing: 3503 is the main number here. (2009 absolute low)
Tagged from below. Did you see it? At the pip. Poor low. It looks possible.
Ubi maior minor cessat
  • #4,633
  • Sep 20, 2017 1:37pm Sep 20, 2017 1:37pm
Yesterday pit session was an inside one. So currently we have the possibility of an out side session. Now we have to stay below the Monday pit session low 3464.
Ubi maior minor cessat
  • #4,634
  • Sep 20, 2017 1:39pm Sep 20, 2017 1:39pm
We are inside the gap upside from last Thursday pit session. (down to 34055) But if we fail below 3464 (no acceptation below it) for today it's over.
Ubi maior minor cessat
  • #4,635
  • Sep 20, 2017 1:41pm Sep 20, 2017 1:41pm
3450 round number: it's weak
Ubi maior minor cessat
  • #4,636
  • Sep 20, 2017 1:43pm Sep 20, 2017 1:43pm
Quoting Lock
3450 round number: it's weak
I mean as it is a perfect tag of a round number could and should be retested.
Ubi maior minor cessat
  • #4,637
  • Sep 20, 2017 1:46pm Sep 20, 2017 1:46pm
Quoting Lock
92.84. Anomalies in USDX are there. Old 5 five pass GB gaps left unfilled. Never seen a thing like that. Who knows.
It is insane but it looks like it could do it.
Ubi maior minor cessat
  • #4,638
  • Sep 20, 2017 2:05pm Sep 20, 2017 2:05pm
Quoting Lock
Yesterday pit session was an inside one. So currently we have the possibility of an out side session. Now we have to stay below the Monday pit session low 3464.
Fighting on it.
Ubi maior minor cessat
  • #4,639
  • Sep 20, 2017 2:08pm Sep 20, 2017 2:08pm
92.49 composite poc for USDX. Balancing on it. Remember that the anomalies underlined in previous post are for GB sessions.
Ubi maior minor cessat
  • #4,640
  • Sep 20, 2017 2:10pm Sep 20, 2017 2:10pm
Quoting Lock
92.49 composite poc for USDX. Balancing on it. Remember that the anomalies underlined in previous post are for GB sessions.

I mean that in order to solve them GB session over them is needed. So even if reached today by pit session participants they will not be solved yet
Ubi maior minor cessat
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