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  • #107,221
  • Mar 2, 2023 7:10am Mar 2, 2023 7:10am
Quoting gatorinla
{quote} 8H close is 7am est 1.0607. 6h 9 am est {image}
I got this wrong. 8h closes the next h close. 6h closes the next close 3hs from now (2hs after the 8h close)
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  • #107,222
  • Mar 2, 2023 7:18am Mar 2, 2023 7:18am
Quoting gatorinla
{quote} I got this wrong. 8h closes the next h close. 6h closes the next close 3hs from now (2hs after the 8h close) {image}
6h
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  • #107,223
  • Mar 2, 2023 7:43am Mar 2, 2023 7:43am
Quoting gatorinla
Oh this isn't a call for a ginormic drop today. PA has already moved 40 pips of atr. The 6h has some support at 1.06,, The 8h at 0618 and 1.0607. The time to take this trade was yesterday. Ones hope is for 1.0626 to start resisting. That may be a setup for a new day. 1.0574 is supportive. A bear hopes pa will close today below 0574.9. Hope is a terrible thing. It keeps people holding trades, they know they should close.
Close today below 1.0574.. That would help reach 1.0534 and 1.0517.. 1.0515 is rising.
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  • #107,224
  • Mar 2, 2023 8:37am Mar 2, 2023 8:37am
Quoting gatorinla
{quote} Close today below 1.0574.. That would help reach 1.0534 and 1.0517.. 1.0515 is rising.
A pop to 1.0619/slip algo possible. It may test 1.0623 after today close. Closing below 1.0574 may take the bounce out of pa..

After close today, 1.0619/23 ish may be a place to look for a short entry. Unless pa has reached 1.0517 first.

If pa reaches 1.0517 today. A pop above 1.0575 is likely bullish. More so with closes above 1.0575. 1.0574.9 may end up being support with this scenario.

Nothing atm is making me think 1.0517 is not going to happen.


Once 1.0517 is reached.. Anything can happen.
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  • #107,225
  • Mar 2, 2023 8:51am Mar 2, 2023 8:51am
now that the 8h closed, its some R. It dropped a little from 1.0607. Now 8h at 1.0602.x

A drop will happen with the 6h in a h.
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  • #107,226
  • Mar 2, 2023 10:30am Mar 2, 2023 10:30am
6h tp 1 1.0508 tp 2 1.0466
8h tp 1 1.0484 tp 2 1.0386
12h tp 1 1.0557 tp 2 1.0490

All but the 12h tp1 is above 1.0517.

Most of the pa generated targets are below 1.0517. The week 1.0517 has yet to be tested. How strong it will be is not known. If it falls below it this week, and later closes above (week). It may turn bullish.

I really dont care what it does. I just want to be on the right side. PA is bearish, but above a level that may be strong. This is a unknown to me. Today's pa indicative wise is saying, 1.0517 will break.

The last 6 h did not close below 1.0601.

If for some crazy reason today closes below 1.0633. That is a stronger sign of 1.0517 breaking. But its still a unknown. Because 1.0517 is the attractant can be support. Once there, bears may turn off/close. Bulls may be there. Closing bears are buyers in pa terms. That can cause a bounce. That dont negate those targets. Most of these targets are valid if yesterday's high holds. Pa could run back up near 1.069x again. And those targets may still work later.

That's just the way pa often works. A bounce when the attractant is reached. Caused by sellers closing at target reached. Just about the time people see the LL. This may be a trap. The LL may be followed by a 175 pip bounce. That's if it can clear 1.0574.9 etc.

Sellers may double up on a bounce. The close is a buy. Plus they may purchase new long positions. Thats the 2x effect.
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  • #107,227
  • Mar 2, 2023 10:41am Mar 2, 2023 10:41am
Quoting gatorinla
This may be a trap. The LL may be followed by a 175 pip bounce. That's if it can clear 1.0574.9 etc. Sellers may double up on a bounce. The close is a buy. Plus they may purchase new long positions. Thats the 2x effect. {image}
?
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  • #107,228
  • Mar 2, 2023 11:05am Mar 2, 2023 11:05am
This may rise slightly. It may be 1.0518. Plus the 200 ema day is at 0534. So pa has a chance to touch 1.0517/18. Followed by a bounce. I dont know what the reaction will be. Pa probably requires a close below these to continue with trend. A week below 1.0517. Would also be a day below 1.0534. If not, a bounce looks likely. Bounce or a reversal area to me. If it can not continue down. Yeah yeah yeah.. The trend is down. Prove it here with a close below.
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  • #107,229
  • Mar 2, 2023 11:57am Mar 2, 2023 11:57am
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  • #107,230
  • Mar 2, 2023 12:04pm Mar 2, 2023 12:04pm
Quoting gatorinla
https://www.youtube.com/watch?v=44swsmMpI2A {image}
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  • #107,231
  • Mar 2, 2023 12:16pm Mar 2, 2023 12:16pm
Quoting gatorinla
That may be a setup for a new day. 1.0574 is supportive. A bear hopes pa will close today below 0574.9. Hope is a terrible thing. It keeps people holding trades, they know they should close.
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  • #107,232
  • Mar 2, 2023 12:19pm Mar 2, 2023 12:19pm
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Acting as R atm
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  • #107,233
  • Mar 2, 2023 12:39pm Mar 2, 2023 12:39pm
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  • #107,234
  • Edited 4:46pm Mar 2, 2023 4:16pm | Edited 4:46pm
These will rise some if pa rises.
day at 1.0535
12 h 1.0621
8h 1.0600.3
6 h 1.0600.6
4h 1.0615
3h 1.0622
2h 1.0635
1h 1.0613
Price closed above 1.0574.9
There's an algo at 1.0619
1.0517 is still attracting, with the support at 1.0574.9 stopping it. I think it will break.
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  • #107,235
  • Mar 2, 2023 5:13pm Mar 2, 2023 5:13pm
Quoting gatorinla
These will rise some if pa rises. day at 1.0535 12 h 1.0621 8h 1.0600.3 6 h 1.0600.6 4h 1.0615 3h 1.0622 2h 1.0635 1h 1.0613 Price closed above 1.0574.9 There's an algo at 1.0619 1.0517 is still attracting, with the support at 1.0574.9 stopping it. I think it will break. {image}
I think it will break 1.0574.9.. Normally 1.0574.9 area is where i would have looked to long. There is a chance the algo at 1.0619/slip will attract. The larger 12h is close at 1.0620. It may slip higher. There could be a sweet spot there. I will not long to it. I didnt when i had the chance earlier. Since the pull to 1.0517 may be larger.
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  • #107,236
  • Mar 2, 2023 6:19pm Mar 2, 2023 6:19pm
Murdoch found guilty on 2 counts of murder
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  • #107,237
  • Mar 2, 2023 7:07pm Mar 2, 2023 7:07pm
Quoting gatorinla
{quote}I think it will break 1.0574.9.. Normally 1.0574.9 area is where i would have looked to long. There is a chance the algo at 1.0619/slip will attract. The larger 12h is close at 1.0620. It may slip higher. There could be a sweet spot there. I will not long to it. I didnt when i had the chance earlier. Since the pull to 1.0517 may be larger. {image}
1.0631.7 using 1.0518 and 1.0574.9. Is about the end of the chain. 1.0619/slip would fall in there. Making 1.0557.9 a pp..
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  • #107,238
  • Mar 2, 2023 7:32pm Mar 2, 2023 7:32pm
adr is about 87 pips. 87+ 1.0817 is about 1.0605. ATm high at 1.0614.
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  • #107,239
  • Mar 2, 2023 7:36pm Mar 2, 2023 7:36pm
Quoting gatorinla
adr is about 87 pips. 87+ 1.0817 is about 1.0605. ATm high at 1.0614.
4h R at 1.0615
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  • #107,240
  • Mar 2, 2023 7:40pm Mar 2, 2023 7:40pm
Quoting gatorinla
{quote} 4h R at 1.0615 {image}
15 min is sporting a doji.
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