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  • #106,141
  • Jan 12, 2023 12:25pm Jan 12, 2023 12:25pm
The last slip range was 0.9596 (algo) to low at 0.9536. Or about 60 pips. Added to 1.0805.5 (algo) gives a like slip level at 1.0865.5.
That dont mean this will stop the rise. Its just a observation. Past dont mean future. Its just a benchmark.
those who can, do. those who cant, talk about those who can
  • #106,142
  • Jan 12, 2023 12:54pm Jan 12, 2023 12:54pm
PA is very bullish. Pa is above 1.0732.8 (bull side) Likely a day/week close to determine. 1.0694/1.07.. Needs large closes.
If 1.1186 was not there, I would be more biased of a drop. 1.0805/slip has its own merit. So does the 1.0835 area. Bulls need to get above 1.0835 with closes also.
Since pa is above these. Pa has to maintain these.
An algo like .9596 was, and what 1.0805 is. These can change direction. The problem being. the lager ones are better to shoot far. 1.0805 is a large one, but its smaller than 1.1186. Pa is on the bullish side of many long term or large supports. If its gonna fall, it may be close now. But pa needs to take out all those supports, and get below 1.0694/1.07. PA is still above 1.0835. One should limit there loss on a short. Although pa is bullish yada yada. The risk to reward for a drop is optimal here near 1.0860. Since the past moves have that 43/60 pip range. PA stopped atm to the pip, of that range. Someone with more money than me may be the reason.
those who can, do. those who cant, talk about those who can
  • #106,143
  • Jan 12, 2023 1:04pm Jan 12, 2023 1:04pm
The algo is not a s/r. 1.0835 may be. Earlier pa didnt make it above 1.0835. It has printed above it now. 1.0835 is the closest meaningful s/r. See if it holds or not. It has a 4h and 6h close above. Its looking bullish. But so does all tops.
I trade risk to reward. I try to have the smaller risk in exchange for the larger reward (low leverage).
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those who can, do. those who cant, talk about those who can
  • #106,144
  • Jan 12, 2023 1:13pm Jan 12, 2023 1:13pm
shooting for 3 for 3. If wrong, its because 1.1186.

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those who can, do. those who cant, talk about those who can
  • #106,145
  • Jan 12, 2023 1:42pm Jan 12, 2023 1:42pm
Quoting gatorinla
The algo is not a s/r. 1.0835 may be. Earlier pa didnt make it above 1.0835. It has printed above it now. 1.0835 is the closest meaningful s/r. See if it holds or not. It has a 4h and 6h close above. Its looking bullish. But so does all tops. I trade risk to reward. I try to have the smaller risk in exchange for the larger reward (low leverage). {image}
certainly good r/r here Gator
Patience, Emotion Control and Discipline.
  • #106,146
  • Jan 12, 2023 4:51pm Jan 12, 2023 4:51pm
Quoting johncen
{quote} certainly good r/r here Gator
I got nothing so far on a 1m 5m 15m + for bears. The day closed above 1.0835. I will go back and look at 0.9596. It had a double bottom.. So far, bulls are holding on to even the 1m since getting here.
those who can, do. those who cant, talk about those who can
  • #106,147
  • Jan 12, 2023 5:13pm Jan 12, 2023 5:13pm
Quoting gatorinla
{quote} I got nothing so far on a 1m 5m 15m + for bears. The day closed above 1.0835. I will go back and look at 0.9596. It had a double bottom.. So far, bulls are holding on to even the 1m since getting here.
That is true, no sign of bear for now. Bull is in full control.
Patience, Emotion Control and Discipline.
  • #106,148
  • Jan 12, 2023 5:32pm Jan 12, 2023 5:32pm
The first low below .9596 was 43 pips below. The second was 60 pips below (17 pips lower) 2 days later. The second low lasted hours before a b/o on the 5m. About 84 candles 5m candles.

Then it looked bearish on the second low for about 4hs. Now looks bullish still. I put a red vertical line at 84 candles. About 1h from 84 candle from now.. To me the 1m 5m etc are still bullish looking.
Last time it took about a 60 pip rise, to turn the 5m. At candle 84. ATm the 5m is about 62 pips lower.
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those who can, do. those who cant, talk about those who can
  • #106,149
  • Jan 12, 2023 5:42pm Jan 12, 2023 5:42pm
A like move at the 84 candles is looking impossible.
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those who can, do. those who cant, talk about those who can
  • #106,150
  • Jan 12, 2023 6:28pm Jan 12, 2023 6:28pm
Quoting gatorinla
A like move at the 84 candles is looking impossible. {image}
a new high now. See if it pulls back to make potential mini double top?

it doesnt look like it is topping to me now. Will come back before London to see
Patience, Emotion Control and Discipline.
  • #106,151
  • Jan 12, 2023 6:39pm Jan 12, 2023 6:39pm
Gold has risen non stop since October low now crossed 1900 amazing..I think central banks are buying it particularly china central bank. With inflation falling the valuation of gold doesn't justify at such high level..

2022 year also gold made a high 2080 in q1 and fell all the way to 1620
  • #106,152
  • Jan 12, 2023 7:00pm Jan 12, 2023 7:00pm
Quoting euroboy2208
Gold has risen non stop since October low now crossed 1900 amazing..I think central banks are buying it particularly china central bank. With inflation falling the valuation of gold doesn't justify at such high level.. 2022 year also gold made a high 2080 in q1 and fell all the way to 1620
Once it crossed and closed above 1845. I said uncle. It left no big algos on the drop. None till 1927 and 1940 (just week size). There is a big one below last years low. It may get it later.
those who can, do. those who cant, talk about those who can
  • #106,153
  • Jan 12, 2023 7:04pm Jan 12, 2023 7:04pm
Quoting gatorinla
A like move at the 84 candles is looking impossible. {image}
candle 84 in progress.
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those who can, do. those who cant, talk about those who can
  • #106,154
  • Jan 12, 2023 7:17pm Jan 12, 2023 7:17pm
Quoting gatorinla
{quote} candle 84 in progress. {image}
Progress? candle 84 was meant for a 5 min. candle 84 did break the 1m. A fragile 1m break. The first since high
those who can, do. those who cant, talk about those who can
  • #106,155
  • Jan 12, 2023 9:41pm Jan 12, 2023 9:41pm
Maybe? 1.0750 Friday. 2.76b is a decent amount of contracts.
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those who can, do. those who cant, talk about those who can
  • #106,156
  • Jan 12, 2023 9:45pm Jan 12, 2023 9:45pm
RIP Lisa Presley.
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Iranian people, you got their attention. Keep it up.
those who can, do. those who cant, talk about those who can
  • #106,157
  • Jan 12, 2023 10:12pm Jan 12, 2023 10:12pm
Quoting euroboy2208
Gold has risen non stop since October low now crossed 1900 amazing..I think central banks are buying it particularly china central bank. With inflation falling the valuation of gold doesn't justify at such high level.. 2022 year also gold made a high 2080 in q1 and fell all the way to 1620
Inserted Video
  • #106,158
  • Jan 13, 2023 3:08am Jan 13, 2023 3:08am
1m min turned bullish again.. 1m and up are bullish.. The last 14 hs were sideways. PA did mange to get a 1pip hh. That's higher than the 0.9596/36 of the last one (60 pips).

+2 pips atm. 43 60 and now 62. Lets see how it ends,
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  • #106,159
  • Jan 13, 2023 3:32am Jan 13, 2023 3:32am
Quoting gatorinla
{quote} I got nothing so far on a 1m 5m 15m + for bears. The day closed above 1.0835. I will go back and look at 0.9596. It had a double bottom.. So far, bulls are holding on to even the 1m since getting here.
Pa tested 1.0835 some on the sideways move. PA moved sideways about to days last time. In that time after the 43 pips it dropped another 17 pips. A total of 60 pips before this current rise (0.9536). A like move may yield 17ish pips higher, or not. The move on the first study, years before. Didn't make that double bottom. So there may not be a double top.

All time frames 1m and higher are bullish to me. What i see has nothing to do with momentum or fundis. If that was the case most of us would be better traders. I'm just looking at anomalies, I call an algo. I study places that made past reversals. They dont all work. And even this has a larger one at 1.1186. One here after 1.0805/slip. Before in my older way of seeing things. 1.0835 would be the largest s/r since inception on the EU. Week wise 0738 ish is another S. Year wise 1.0694/1.07. Pa is north of these. If pa can not sustain these. It could be a big deal.
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  • #106,160
  • Jan 13, 2023 3:49am Jan 13, 2023 3:49am
pa is testing 1.0835 again.

BTW its 3:40 am here. Sometimes my writing is done, half asleep. So one post may have some screw ups in wording or a level. If this is read like a book it will be better. Most often i fix it.. But sometimes i go to sleep before a fix. So if something dont make sense. Go with the earlier theme. I gave support levels. PA has only been here 1 day above 1.0805. These anomalies can reverse and head to the opposite anomaly. Granted 1.1186 is the largest. But with 1.0835, it may cock block it. -1.01 has one smaller. PA may run there before 1.1186. Especially if price can start closing below 1.07/1.0694
those who can, do. those who cant, talk about those who can
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