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Lock's Cable Corner

  • #7,461
  • Nov 13, 2020 5:56am Nov 13, 2020 5:56am
H period in fact can be an inside period: if so balance rules will apply. See you later.
Ubi maior minor cessat
  • #7,462
  • Nov 13, 2020 8:19am Nov 13, 2020 8:19am
31765 is the most important level for upcoming pit session: monitor the development of value in relation to it and also in relation to yesterday pit value. Other refs are yes pit unch at 3122 and yes pit open at 31665 (the same level of the GB spike base)
We have clear possible targets both above and below, if and when it will move from balance.
Above 32235, below 3106.
Ubi maior minor cessat
  • #7,463
  • Nov 13, 2020 8:27am Nov 13, 2020 8:27am
I forgot 3150 that is last pit week unch (aslo GB October high)
Ubi maior minor cessat
  • #7,464
  • Nov 13, 2020 8:43am Nov 13, 2020 8:43am
Quoting Lock
Now, 31765 is PIT October inside month high: GB is pre-testing it. Watch out as GB could be too scared to continue any higher without pit participants confirmation. So monitor for acceptation above it and take care.
GB and preUS both waited for Pit participants for the test of pit October high 31765... (if it will happen eventually) I mean, nor GB nor preUS attempted anything serious above it..
Ubi maior minor cessat
  • #7,465
  • Nov 13, 2020 8:48am Nov 13, 2020 8:48am
Quoting Lock
{quote} GB and preUS both waited for Pit participants for the test of pit October high 31765... (if it will happen eventually) I mean, nor GB nor preUS attempted anything serious above it..
and if it for whatever reason will not happen (no pit test of 31765) well, it will be a pretty serious information to take care of.
Ubi maior minor cessat
  • #7,466
  • Nov 13, 2020 9:58am Nov 13, 2020 9:58am
Today GB has been an inside session. Current pit one is inside too. If it will remain inside, next week we will have balance rules applied.
Ubi maior minor cessat
  • #7,467
  • Nov 13, 2020 10:00am Nov 13, 2020 10:00am
Note price contained between last week GB close and last week pit close...
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  • #7,468
  • Nov 13, 2020 10:02am Nov 13, 2020 10:02am
Quoting Lock
Note price contained between last week GB close and last week pit close...

it was.. Testing 31765 or not?
Ubi maior minor cessat
  • #7,469
  • Nov 13, 2020 10:19am Nov 13, 2020 10:19am
Quoting Lock
{quote} it was.. Testing 31765 or not?
yes, now let's see if it will be rejected or accepted above.. if accepted 32285, if rejected back to the mean or even lliquidation to tokyo low.
Ubi maior minor cessat
  • #7,470
  • Nov 13, 2020 10:29am Nov 13, 2020 10:29am
Quoting Lock
{quote} yes, now let's see if it will be rejected or accepted above.. if accepted 32285, if rejected back to the mean or even lliquidation to tokyo low.
Thats just remarkably amazing,.. you a wizard
  • #7,471
  • Nov 13, 2020 10:41am Nov 13, 2020 10:41am
It tested once and failed to see above it. Not a very good test. Let's see if This last GB period with GB participants can give us something more. Very difficult market to trade anyhow. Huge patience required. And I've not.
Ubi maior minor cessat
  • #7,472
  • Nov 13, 2020 10:49am Nov 13, 2020 10:49am
It's start to become too risky for me. If it will not rally again, I'll be off. I'll not follow a possible liquidation if it fail again.
Ubi maior minor cessat
  • #7,473
  • Nov 13, 2020 10:53am Nov 13, 2020 10:53am
E can be an inside period: the last of the day for me, if even this time nothing will happen. Balance rules apply if inside period.
Ubi maior minor cessat
  • #7,474
  • Nov 13, 2020 11:00am Nov 13, 2020 11:00am
Please note: in this exact moment we have 4 back to back pit poor highs..the last 3 sessions in a raw plus an old one above them..
current one, 32245, 3278 and 3297..
Ubi maior minor cessat
  • #7,475
  • Nov 13, 2020 11:05am Nov 13, 2020 11:05am
Quoting Lock
Please note: in this exact moment we have 4 back to back pit poor highs..the last 3 sessions in a raw plus an old one above them.. current one, 32245, 3278 and 3297..

And we also have GB poor high at 3200 (also round number!) and 32285 back to back Sydney high and Tokyo high (very weak):
and even with this really incredible amount of weaknesses left upside, if does not rally. Now: do they want to operate overnight, maybe Sunday night? Or there is something I do not understand here?
Ubi maior minor cessat
  • #7,476
  • Nov 13, 2020 11:12am Nov 13, 2020 11:12am
Well, at least it took out Gb overnight (31865). .. Let's see if it is able to accept price above it or not...
Ubi maior minor cessat
  • #7,477
  • Nov 13, 2020 11:14am Nov 13, 2020 11:14am
3175 is this week GB close, take note. Last week was 31615: nothing changed at all.
Ubi maior minor cessat
  • #7,478
  • Nov 13, 2020 11:23am Nov 13, 2020 11:23am
Quoting Lock
3175 is this week GB close, take note. Last week was 31615: nothing changed at all.
Levels noted I will be more inclined downstairs next week but keeping my options open for trigger fingers
  • #7,479
  • Nov 13, 2020 11:24am Nov 13, 2020 11:24am
Ok, it's too late for these things. Market are never easy, but today has been very complex. I generally have fresh energy in the morning and when nothing happen during GB it's very hard for me to stay in during last evening hours. Have a nice weekend and see oyu next week. Have a nice continuation.
Ubi maior minor cessat
  • #7,480
  • Nov 13, 2020 11:24am Nov 13, 2020 11:24am
Quoting Lock
It's start to become too risky for me. If it will not rally again, I'll be off. I'll not follow a possible liquidation if it fail again.
Yes risky & not enthusiastic movements bore me calling it a week here for me Have a good weekend Lock see you next week
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