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Lock's Cable Corner

  • #7,781
  • Nov 27, 2020 4:59am Nov 27, 2020 4:59am
Quoting Lock
Note that at this moment in time we got 2 back to back poor lows: yesterday pit poor low 33215 and current GB temporary poor low 3325. Now, if price for whatever reason will not take out these 2 very weak levels take note of them and carry forward this precious info.
taken out..
Ubi maior minor cessat
  • #7,782
  • Nov 27, 2020 5:02am Nov 27, 2020 5:02am
always remember that our main level here is 33285 GB week open: without acceptation below it do not read the following:

3304 and 32925 are the limits of the old GB weekly gap upside: inside them there is the top of the inside GB week high 32975
Ubi maior minor cessat
  • #7,783
  • Nov 27, 2020 5:12am Nov 27, 2020 5:12am
Quoting Lock
always remember that our main level here is 33285 GB week open: without acceptation below it do not read the following: 3304 and 32925 are the limits of the old GB weekly gap upside: inside them there is the top of the inside GB week high 32975
If price resist around GB week open is it opportunity to short till 1.3297 or down??

Quoting mrmalik1
{quote} If price resist around GB week open is it opportunity to short till 1.3297 or down??
Took some shorts around 1.3368 got out early with 10-15 pips range tp got hit..now trying to enter short again
MRMALIK1
  • #7,784
  • Nov 27, 2020 5:30am Nov 27, 2020 5:30am
Quoting mrmalik1
{quote} If price resist around GB week open is it opportunity to short till 1.3297 or down?? {quote} Took some shorts around 1.3368 got out early with 10-15 pips range tp got hit..now trying to enter short again
G possible inside period: balance rules. Without acceptation below 32285 we can have balance continuation or retest of 3378. With acceptation below 32285 we can have continuation toward 3297 retest and gap filling till 32925
Ubi maior minor cessat
  • #7,785
  • Nov 27, 2020 5:33am Nov 27, 2020 5:33am
Quoting Lock
{quote} G possible inside period: balance rules. Without acceptation below 32285 we can have balance continuation or retest of 3378. With acceptation below 32285 we can have continuation toward 3297 retest and gap filling till 32925
I mean, considering the importance of 32285 it can also become our new poc for this session until preUS open. Only with a clear substantial rejection below it we can imagine a new test of 3378 performed by GB participants.
Ubi maior minor cessat
  • #7,786
  • Nov 27, 2020 5:41am Nov 27, 2020 5:41am
Quoting Lock
{quote} G possible inside period: balance rules. Without acceptation below 32285 we can have balance continuation or retest of 3378. With acceptation below 32285 we can have continuation toward 3297 retest and gap filling till 32925
G is in fact an inside period: balance rules apply.
Ubi maior minor cessat
  • #7,787
  • Nov 27, 2020 5:57am Nov 27, 2020 5:57am
entering in the last 2 periods of GB before preUS. Acceptation below 33285 is important. Balance rules anyhow are predominant.
Ubi maior minor cessat
  • #7,788
  • Nov 27, 2020 6:07am Nov 27, 2020 6:07am
Quoting Lock
{quote} I mean, considering the importance of 32285 it can also become our new poc for this session until preUS open. Only with a clear substantial rejection below it we can imagine a new test of 3378 performed by GB participants.
Note current poc moved 1 single pip below 32285...
Ubi maior minor cessat
  • #7,789
  • Nov 27, 2020 6:15am Nov 27, 2020 6:15am
Quoting Lock
{quote} Note current poc moved 1 single pip below 32285...
and now is exactly at it: at the pip. Note the very tricky first false attempt of I period...
Ubi maior minor cessat
  • #7,790
  • Nov 27, 2020 6:21am Nov 27, 2020 6:21am
And when this morning I told you this would have been one of the most trickiest of markets--well I was right...
Ubi maior minor cessat
  • #7,791
  • Nov 27, 2020 6:30am Nov 27, 2020 6:30am
Last Inside week high tested...no acception below last inside week high
MRMALIK1
  • #7,792
  • Nov 27, 2020 6:33am Nov 27, 2020 6:33am
Quoting Lock
entering in the last 2 periods of GB before preUS. Acceptation below 33285 is important. Balance rules anyhow are predominant.
It failed below inside period balance and here we are at the opposite side of that balance (H period high that was inside G period): as you see balance rules demonstrate to be predominant. More than acceptation below 32285 that btw ended as our poc as expected and written.

Now new participants will enter this market. And we are on Friday: I suggest to you to have not many expectations above next 2 sessions. A new attempt at major trendline is possible. But in any case I expect a difficult market again.
Ubi maior minor cessat
  • #7,793
  • Nov 27, 2020 6:38am Nov 27, 2020 6:38am
Quoting mrmalik1
Last Inside week high tested...no acception below last inside week high
Very acute comment: I totally disregarded the absolute high of that inside week. My sincere compliments for your observation that I didn't note before, Sir.
Ubi maior minor cessat
  • #7,794
  • Nov 27, 2020 6:42am Nov 27, 2020 6:42am
Quoting Lock
{quote} Very acute comment: I totally disregarded the absolute high of that inside week. My sincere compliments for your observation that I didn't note before, Sir.
Last week absolute high has been in fact 3312 made by pit session 11.16 Again, all my compliments for your observation.
Ubi maior minor cessat
  • #7,795
  • Nov 27, 2020 6:48am Nov 27, 2020 6:48am
We are going to open (?) preUS inside yesterday pit range and yesterday pit open is at 3332 (right where we are now)
Ubi maior minor cessat
  • #7,796
  • Nov 27, 2020 6:51am Nov 27, 2020 6:51am
And Yes Pit Unch and yes GB close coincide at 33555.
Ubi maior minor cessat
  • #7,797
  • Nov 27, 2020 6:54am Nov 27, 2020 6:54am
Quoting Lock
{quote} Very acute comment: I totally disregarded the absolute high of that inside week. My sincere compliments for your observation that I didn't note before, Sir.
Actually I took a small long from there stop were set few pips below 1.3297 not closed some and rest to BE+ let see what it does to...time will tell...
I am a tiny tot student of yours.

Regards
MRMALIK1
  • #7,798
  • Nov 27, 2020 6:55am Nov 27, 2020 6:55am
Well, see you later. I'll wait for pit open. Maybe. as it's Friday.
Ubi maior minor cessat
  • #7,799
  • Nov 27, 2020 9:48am Nov 27, 2020 9:48am
C can be an inside period: if so balance rules apply. Note C low at half back/RN 3350 anyhow.
Ubi maior minor cessat
  • #7,800
  • Nov 27, 2020 9:55am Nov 27, 2020 9:55am
Quoting Lock
C can be an inside period: if so balance rules apply. Note C low at half back/RN 3350 anyhow.
taken out
Ubi maior minor cessat
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