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Attachments: Lock's Cable Corner
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Lock's Cable Corner

Btw this is a very very weak environment: we got B period low at previous hb, then E F and H periods lows all at current hb. After a liquidation to correct these levels maybe.. In the meantime I'll be off. Have a nice continuation . Best, L
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Quoting Lock
Btw this is a very very weak environment: we got B period low at previous hb, then E F and H periods lows all at current hb. After a liquidation to correct these levels maybe.. In the meantime I'll be off. Have a nice continuation . Best, L
hb cluster of lows just taken out as expected.
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Quoting Lock
Btw this is a very very weak environment: we got B period low at previous hb, then E F and H periods lows all at current hb. After a liquidation to correct these levels maybe.. In the meantime I'll be off. Have a nice continuation . Best, L
All the weak lows taken out by liquidation as expected. Now let's see. Remember what I wrote about the possible new pit gap upside. Monitor for its possible building now...
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See you later. (maybe) Best, L.
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Quoting Lock
See you later. (maybe) Best, L.
thanks lock
just for a cup of coffee...
Do you have a crystal ball, Lock?... Spectacular analysis! Many thanks...
TULKAS
You're welcome but it is not a crystal ball. It's market generated information, study and good luck. Best, L.
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Quoting Lock
You're welcome but it is not a crystal ball. It's market generated information, study and good luck. Best, L.
Finished Dolan. Finished this thread. Setting up charts, preparing to paper trade...
TULKAS
I suggest to note that last week has been an inside one for pit participants. Inside pit week extremes are 3905-40245: balance rules apply over weekly timeframe again.
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3963 Friday pit session settle (unch). Monitor for acceptation or rejection above it.
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Quoting Lock
I suggest to note that last week has been an inside one for pit participants. Inside pit week extremes are 3905-40245: balance rules apply over weekly timeframe again.
But it is also important to note that also in absolute terms it was an inside week. Furthermore also last week has been an inside one: so we got 2 consecutive weeks one inside the previous one. Full balance environment and possible important break from here.
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For "break" I obviously intend a breakout (above or below weekly balance extremes)
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Last 3 sessions balanced around major composite poc 3966. Most important values for GB 39795 (GB "old" weekly breakout) and 39505 yesterday GB close level. Price is ranging between them so currently we got clearly weak hands ruling the market.

Maybe preUS and Pit US will do something today: in which case remember the current weekly balance condition for pit participants and the extremes of it 3905-40245

PS: are we going to have a inside month?
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G inside period: balance rules apply. F G and current H highs all at session half back

And 3944 poor low. Weak hands ruling confirmed.
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Quoting Lock
G inside period: balance rules apply. F G and current H highs all at session half back And 3944 poor low. Weak hands ruling confirmed.
ATtempted break downside from inside period balance: 3944 tagged again. Now very poor.
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Quoting Lock
{quote} ATtempted break downside from inside period balance: 3944 tagged again. Now very poor.
So final portion of GB session took 3944 out.

Quoting Lock
Last 3 sessions balanced around major composite poc 3966. ...Maybe preUS and Pit US will do something today: in which case remember the current weekly balance condition for pit participants and the extremes of it 3905-40245 PS: are we going to have a inside month?
Pre US session opened and went downside towards 3905: be careful here as it is the pit inside week low as said. SO any attempt below it has to be considered as an attempted break below weekly balance. Balance rules apply obviously.

Remember that in case of attempted break and failure the safest place to go is major composite poc 3966.
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Quoting Lock
{quote} So final portion of GB session took 3944 out. {quote} Pre US session opened and went downside towards 3905: be careful here as it is the pit inside week low as said. SO any attempt below it has to be considered as an attempted break below weekly balance. Balance rules apply obviously. Remember that in case of attempted break and failure the safest place to go is major composite poc 3966.
Attempting the break below inside pit weekly balance low 3905... Watch out.
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Quoting Lock
{quote} Attempting the break below inside pit weekly balance low 3905... Watch out.
Pit opened with a new gap downside and immediately tested 3905 again.
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Quoting Lock
{quote} Pit opened with a new gap downside and immediately tested 3905 again.
Pit attempting break downside below 3905: in case of success next level is 3796. (the other pit inside week low)

In case of failure next step major composite poc 3966
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Quoting Lock
{quote} Pit attempting break downside below 3905: in case of success next level is 3796. (the other pit inside week low) In case of failure next step major composite poc 3966
Retested 3905 from below (at the pip*) failed there, and went down again.

*too exact maybe, but let's see.
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