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- #41,521
- Nov 28, 2012 12:51am Nov 28, 2012 12:51am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
- #41,523
- Nov 28, 2012 1:01am Nov 28, 2012 1:01am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
You shorted right into the central pivot area, which is also a historic SR area?
Man, would you stop that! I've been waiting eons for this to break upwards. And you keep shorting it! Have a heart, will you?
!! I just see the dragon ..... 
!!
" Support/Resistance is your friend .. and TREND your girlfriend .. "
- #41,527
- Nov 28, 2012 1:13am Nov 28, 2012 1:13am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
- #41,528
- Edited 2:07am Nov 28, 2012 1:42am | Edited 2:07am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
- #41,529
- Nov 28, 2012 1:55am Nov 28, 2012 1:55am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
AU Comment:
Not just happening on GU, either. Looky here. Frankfurt continued what the asian players started; The drive up. And the London players finished it. And since then the market has been bouncing the price up and down; it's method of building positions. In this case, it looks like the market is bear on AU and building shorts.
Warning: Speculative. (Haven't gotten a reply from the Chief Manipulator at GS in London on this yet.)
Not just happening on GU, either. Looky here. Frankfurt continued what the asian players started; The drive up. And the London players finished it. And since then the market has been bouncing the price up and down; it's method of building positions. In this case, it looks like the market is bear on AU and building shorts.
Warning: Speculative. (Haven't gotten a reply from the Chief Manipulator at GS in London on this yet.
)
- #41,530
- Nov 28, 2012 2:01am Nov 28, 2012 2:01am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
- #41,531
- Nov 28, 2012 2:19am Nov 28, 2012 2:19am
UCad Comment:
Here too. Frankfurt/London heavy weights knocked the price down and went to work. Concentrated trading at the lows. Now what is the saying, "Buy low. Sell high."? Yep, sure looks like the market is accumulating. I've been waiting a very long time for this to breakout to the upside. Maybe today.....
Hello TAH, can I ask you again ?
When do you sleep :-)
- #41,532
- Edited 2:52am Nov 28, 2012 2:25am | Edited 2:52am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
EU Comment:
Sonicers, in the attached SonicR chart (M30, but with M15 Dragon-Trend) you can see the heavy selloff from the highs prior to today. In fact, you can see the Pump & Dump which created those highs. Now look at the price action in the Frankfurt/London session so far. The players pumped up the price again and have been heavily trading in within the range created by the pump. This is more likely the building of short positions than the building of longs, because if it were longs the market was interested in building, it would have kept the price down at the lows created by the asian session selloff.
This could be headed lower. Maybe after the US open, because those thugs will surely want a cheap grab at some more shorts at high prices. So here is the warning. The market understands they are not the only ones preparing for the next move. And before that move comes, the market might very well use the whipsaw strategy to "steal" those trades others are making. Be careful how you manage your trade if you have one running thru this London session.
Warning! Whipsaw Alert! Seriously? Yes! This could even become know as "Whipsaw Wednesday", the day the market no longer bothered to hide it's pro-USD sentiment. Of course, after it cheated a lot of others out of good trades! (Ok, let's call this speculative also.)
Sonicers, in the attached SonicR chart (M30, but with M15 Dragon-Trend) you can see the heavy selloff from the highs prior to today. In fact, you can see the Pump & Dump which created those highs. Now look at the price action in the Frankfurt/London session so far. The players pumped up the price again and have been heavily trading in within the range created by the pump. This is more likely the building of short positions than the building of longs, because if it were longs the market was interested in building, it would have kept the price down at the lows created by the asian session selloff.
This could be headed lower. Maybe after the US open, because those thugs will surely want a cheap grab at some more shorts at high prices. So here is the warning. The market understands they are not the only ones preparing for the next move. And before that move comes, the market might very well use the whipsaw strategy to "steal" those trades others are making. Be careful how you manage your trade if you have one running thru this London session.
Warning! Whipsaw Alert! Seriously? Yes! This could even become know as "Whipsaw Wednesday", the day the market no longer bothered to hide it's pro-USD sentiment. Of course, after it cheated a lot of others out of good trades! (Ok, let's call this speculative also.)
