The Club!

EU

volume profile and Murrey Math levels

it amazes me again and again how much respect the Murrey levels get in consolidating actions

EU volume profiles

different swings (see charts for details)

EU future /6E

volume profiles daily and overall


now below yesterdays and today's VAL, but right above a major POC of the overall distribution


if down, may take a while here

also it amazes me again and again, how the VWAP 32 and VWAP 64 (the lookback periods are derived from the Murrey Math) do work

D.P.,

check your private mail

nice

thanks to Caldaro


Dry Bulk Shipping update 2015

EU volume profile

only the volume since the 0464 low


clearly, fresh money/levels in play

Infinitus from which broker you get 6E chart/feed?

TDAmeritrade

Thx.

yesterdays sentiment data:

EU 80% bulls (now it gets interesting)

CHF 88%

GBP 72%


but

DXY only 9% (that is really interesting)

Live Cattle 93% bulls (short my steak)

Have taken a bigger not leveraged short position in EU

@ 1.1434

Look, I have equivolume bars on my Thinkorswim platform

EU

1475 is such a sweet spot

1475 is the place, where the ABC-flat, which developed from the very bottom fulfils

C = 1.618 A

A bit above, at 1491 is the point, where the wave 5 of C is 1.382 x of the wave 4 retracement (which is a very common target)

http://www.zerohedge.com/sites/defau.../picture-5.jpg
Cold War 2.0 Caught On Tape: US Military Convoy Crosses Eastern Europe While NATO Sings Karaoke Peace Ballad

my God is now a magnetic spiral......


Anti-matter mystery solved? Scientists say spiral magnetic fields to thank for our existence 8

http://www.zerohedge.com/sites/defau.../picture-5.jpg
Tepco Begins Removing Cover From Destroyed Fukushima Reactor Just As Local Farmers Plant Rice

What do you think?

On my signal system:
- there were mild Weekly short signal, that has been fulfilled with the bearish Daily (Monday) candle.
- there were a mild Daily short signal at the close of Thursday, which has been fulfilled with the Friday fall.
- On Friday the market closed with a confirmed H4 sell signal, so visiting lower levels has to happen, but it not means it can't rise first after opening.

Short:long ratio:
- "The ratio of long to short positions in the EURUSD stands at -2.34 as 30% of traders are long."
- This means there are too much retail trader shorting now, this usually change when market cracks an important top (1.153?)...that would cause heavy (retail) buying, so that would be the perfect time for a decent retrace.
- Who the hell like to buy up here, the Risk:Reward is very ugly on higher time frames.

Harmonic patterns:
- a lot of harmonic pattern's target are here (~1.145-1.15x), finishing them should cause shorting/fall back
(just an example: http://www.forexfactory.com/showthre...92#post8261092)

Question is what happens 'behind' the market...the big fishes are filling longs, while retailers are shorting, or they need more retail longer to fill their short positions higher...?!

-> If market wants to go higher (over 1.2), than a fall before any further rise would be ideal, so the parity reflex can switch on again...and heavy shorting would help the fill.
-> If market really wants to go to parity, than it can rise to new highs without any decent pullback, therefore retail shorts are killed, while the retail longs would help filling their shorts.

AnimusX

sentiment on EU

Hmm...so the sentiment is rising exponentially (or even harder) with every pip...
While it stopped at near ~1.0 (very though psychological level), even when it fell from 1.2->1.1 and under..