DislikedA few datapoints atm: H1 Uptrend stop 1.1093 H4 Downtrend stop 1.1162 Day Downtrend stop 1.1303 Week Downtrend stop 1.1365 Month Downtrend stop 1.2346Ignored
I added a short at 1163.
- #38,628
- Aug 5, 2019 6:50am Aug 5, 2019 6:50am
- Joined Oct 2009 | Status: Trader | 1,271 Posts
It was mentioned a time or two...
Gday Legends Surprised no mention of the 1.1027 level in here. Prior to it being hit Thursday last week of course. Looks like a nice juicy mid to me. Thoughts anyone? Happy pippin!
{quote} Given the ranging price action of the last six months, it wouldn't be surprising to see it back up there again...But I would expect to see 1.1100 - 1.1101 first. I suspect that it may even take until late summer to get that 1026 target...
{quote} Probably posted that a dozen times since last August -- It's taking the slow boat, but less than 100 pips away now. {image} The dollar index is also falling in line -- 98.91x or so......... {image}
C-YA[/quote]Wasn't around to trade it, but it looks like they sold the H4 200 EMA and bought it back at the LM......................Always easy to see after the fact........Oh, and the same 'ol target is still in effect. (109.45 - 1.1026) C-YA {image}
{quote} Yeah, after 0945 - 1026, which is a year long normal pullback in a larger 3100 - 3400 sequence....(Which is part of an even larger bear sequence)..... Still marking its territory BTW.... {image}
I must be the only bear within a hundred miles....lol It needs to break this terminus mofu - If not, then 35 ticks are locked. ...........And the S&P futures bounced at 2368 and 2316.75 instead of the 2375 and 2307 that I mentioned a couple of days ago. Sooner or later, that year long 945 - 1026 sequence will complete. Good luck! Edit: Have 40 locked now {image}
{quote} Lol...1.0945 - 1.1026...............Been on that road for almost a year.............Nothing has changed Gotta run...CYA....
{quote} 945 - 1026 still on the table......... {image}
{quote} Thanks......That fits in pretty well with the 945 - 1026 pullback sequence that I've been tracking most of this year.
The 945 - 1026 pullback sequence before up still looks to be on track.......... {image}
Closing under last week's LC would help out the 945-1026 sequence that I've been tracking for months, and it's certainly plausible given recent PA. Mentioned earlier that 1526 is also the LM of the late summer bull swing - The numbers are actually LM = 1.15271, MID = 1.15574 and UM = 1.15877............ I have a reasonable, but slightly fuzzy proj. into that area atm.............. There's also the October 15th swing high daily LC at 1.15895.[/{quote} Hmmm...The 1.1526 small norm is still there. The market likes to reverse at 155.9 projs. and at the time of this posting on October 28th, it had only achieved the 150 proj. It has since completed not only the 155.9 bear proj., but the 169.1, which is the 175 UM. I am seeing several of these 175 series as opposed to the more typical 150 - 200 - 225 series. 1.1526 is not only a small norm, but it is also the LM for the August 15th thru September 24th bull swing. At this point, I suspect that 1.1526 might just be a bump in the road on the way...
I show a short term H4 norm at 1.1526x with a bullish engulfing daily bar to help it out, and a 95.40 target on the DX. The primary direction is still toward 0944/1026. For the very short term (M15/M30), I have a fuzzy target at 1.1360x - 1.1377x. Good luck!
Four nested sequences on the road to 944/1026.......... Weekly, Daily, H4 and H1.......... Gotta run...C-YA {image} {image} {image} {image}
{quote} Yeah, 1300 is a BRN, so likely will see some reaction there. The corrective H4 I've been following since mid August is now officially retired - (Couldn't take it off the chart until the LM was taken out). I'm too busy with other stuff to do much trading right now, but here's what I have atm,(1614x rather than 1645x) with only minimal evidence to support it though. The bigger picture is still 0944/1026, then up. Once again, gotta run............Good luck with it! {image}
{quote} {quote} Market appears to be uninterested in giving a higher level to short from for the time being. My focus remains on the sequence that I have been following for the last 12 or 14 months and it's corrective sequence since mid August. 1.14474 (19 month halfback mid) and 1.14447 (LM of the corrective H4 sequence) are the numbers that I'm watching closely. A bounce from the LM can take it to 1630 - 1652, and a bounce from halfback can take it to 1925-2001. All of this is on the road to 0944/1026 with one big question mark - Will the corrective...
{quote} {quote} Void 1.2054.... This has been an H4 corrective sequence on the road to 1.10267/1.09457, and, at this point, I think it has completed. This was an outside down week and now it's likely that no further upside beyond possibly 1732/41 norm/UM is going to occur before 1.1026/1.0945. The logic on the retracement after 1st target is the same on this weekly chart as it was on the H4 corrective sequence chart mentioned in the quoted post above. Here's a chart showing the bigger view, which I momentarily lost...
{quote} Yeah, playing it cautiously here...still at this point think higher (above 1733) before 1026, but it may want 144Xx(LM) before going higher....Seems like we've mentioned 1.14474 before...lol See notes on chart... {image}
{quote} I've only been tracking this sequence with 1026 on the chart for three weeks...{image}
{quote} Slightly different swing....still tracking 2054/1026 with 180Xx in the path.... {image}
I would consider a short at 1715 with a tight stop since the direction is still up, near Tuesday's LC, but also for other reasons..... I would then look to buy at 1619 - 1621 near last weeks LC, and for additional reasons, also because the direction is still up for just a bit more, and the upside is still 1791 - 1803 - 1810 in the short term.... 2054 is the sequence, but 945 - 1026 has not been hit yet, so at this point, I suspect the low 1800's may turn it back down.... Academic right now though since I don't often...
944 - 1026 is still my "preferred" sequence, with 1678 - 1163 wrapped up in it....... The "boyz" may want to accumulate a few more shorts at better prices before taking it home
{quote} Lol...Yes, that's why I chart every possibility I think of - so it won't be too much of a surprise when it starts to move that direction. Our levels are pretty much the same, but I use the word "norm" to always refer to a projection leg mid (1.1026 in the case of the sequence shown above). And I refer to 1.1446 as "halfback", which of course, is mid of the entire move. The market reacts to both of those levels, but in my observation, much more reliably to the P.L. norm.....and I look at 225 more so as the...
{quote} Yep, the 1.1026 dog is marking his territory pretty clearly..... We may stretch the ADR some and see the larger LM @ 1.1316x or # 13 @1.1313x on this 1026 sequence, since the bounce to 1504-6 didn't materialize... {image}
{quote} Yeah, the closes will ultimately determine the path, but a re-test of the breakout level at 1.1506 seems feasible atm....That is also #11 on the 1.1026 tracking chart that I posted several minutes ago.
{quote} I have 98.60 eventually for the DX and 1.1026(Norm) area for the EUR...... Also have your 1456 norm with 1459 UM and a baby 225 bull proj. into 1459.... Trading the ES only so far today since I missed all the fireworks yesterday afternoon and last night on the Eur...lol {image}
{image} It was mentioned a time or two... {quote} {quote} {quote} quote=BlueCirrus;12220640]{quote} 1315 has completed with a good probability that the UM at 1330x is also taken.....It's not a good idea to ignore the norm - or the bigger picture. 109.45 - 1.1026 is still the target that set up 14 months ago. CL's upside potential will bear out over the coming weeks...Go ahead and put on "the big short" if you think it won't....lol...
Closing under last week's LC would help out the 945-1026 sequence that I've been tracking for months, and it's certainly plausible given recent PA. Mentioned earlier that 1526 is also the LM of the late summer bull swing - The numbers are actually LM = 1.15271, MID = 1.15574 and UM = 1.15877............ I have a reasonable, but slightly fuzzy proj. into that area atm.............. There's also the October 15th swing high daily LC at 1.15895.[/ {quote} {quote} {quote} {quote} {quote} {quote} {quote} {quote} {quote} {quote} {quote} {quote} {quote} {quote} {quote}[/quote]There it is! Its a beautiful thing
.... I should pay more attention to this thread hahaHappy pippin Blue Cirrus love your work
- #38,636
- Aug 5, 2019 9:11am Aug 5, 2019 9:11am
- Joined Oct 2008 | Status: sideline is a position | 105,176 Posts
{image} It was mentioned a time or two... {quote} {quote} {quote} quote=BlueCirrus;12220640]{quote} 1315 has completed with a good probability that the UM at 1330x is also taken.....It's not a good idea to ignore the norm - or the bigger picture. 109.45 - 1.1026 is still the target that set up 14 months ago. CL's upside potential will bear out over the coming weeks...Go ahead and put on "the big short" if you think it won't....lol...
Closing under last week's LC would help out the 945-1026 sequence that I've been tracking for months, and it's certainly plausible given recent PA. Mentioned earlier that 1526 is also the LM of the late summer bull swing - The numbers are actually LM = 1.15271, MID = 1.15574 and UM = 1.15877............ I have a reasonable, but slightly fuzzy proj. into that area atm.............. There's also the October 15th swing high daily LC at 1.15895.[/ {quote} {quote} {quote} {quote} {quote} {quote} {quote} {quote} {quote} {quote} {quote} {quote} {quote} {quote} {quote}[/quote]man we thought u bit the bullet, good to see ya.
those who can, do. those who cant, talk about those who can
- #38,637
- Aug 5, 2019 9:20am Aug 5, 2019 9:20am
- Joined Oct 2008 | Status: sideline is a position | 105,176 Posts
those who can, do. those who cant, talk about those who can
