DislikedIf someone has a system that can produce 1000 consecutive correct calls, will that be a Holy-Grail? What really is a Holy-Grail? LolIgnored
Regards Orid peter
- #8,162
- Edited 3:29am Sep 16, 2014 3:14am | Edited 3:29am
- | Membership Revoked | Joined Oct 2012 | 2,254 Posts
tried so many times and ....
- #8,174
- Sep 16, 2014 5:47am Sep 16, 2014 5:47am
- Joined Jul 2009 | Status: Left Leg In, Right Leg Out! | 5,792 Posts
I'm looking at the following for the 2972. The 4H is still climbing and would need to show exhaustion for that failure to be significant.
On a ZZBB, the next sequence required is a top and price must close outside of Bollinger Band. Alternatively, if this does not happen, the BB Mid 2931 needs to be breached to the south side. So a failure at 2972 or 2931 is required.
I've been suspect about the price action on the 15M, the step-ladder shape of each bar suggests to me quite strongly that it's "computer" like. Anyway, I've no way to prove it but it doesn't look like normal price action. The sharp move down to 42 could be a setup for the bullish move to 72 since it failed at 67 on that swing high. It's 5 pips away. At 11:46am, that top 2967 was made on low volume, so need NYC to bring in the 2972 or failure at 2931
On a ZZBB, the next sequence required is a top and price must close outside of Bollinger Band. Alternatively, if this does not happen, the BB Mid 2931 needs to be breached to the south side. So a failure at 2972 or 2931 is required.
I've been suspect about the price action on the 15M, the step-ladder shape of each bar suggests to me quite strongly that it's "computer" like. Anyway, I've no way to prove it but it doesn't look like normal price action. The sharp move down to 42 could be a setup for the bullish move to 72 since it failed at 67 on that swing high. It's 5 pips away. At 11:46am, that top 2967 was made on low volume, so need NYC to bring in the 2972 or failure at 2931
A pip is only worth it if you know how much you risked to earn it
- #8,175
- Sep 16, 2014 5:49am Sep 16, 2014 5:49am
- Joined May 2009 | Status: Consistency is Key!! | 1,297 Posts
{quote} if the up is not sustainable why should we look at 1.297X area? 1.293X is more likely.
looked to me like a stop hunt
- #8,180
- Sep 16, 2014 6:22am Sep 16, 2014 6:22am
- Joined Jul 2009 | Status: Left Leg In, Right Leg Out! | 5,792 Posts
{quote} I am still looking for 1.2886 lets see!! looked to me like a stop hunt
A pip is only worth it if you know how much you risked to earn it