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Lock's Cable Corner

  • #121
  • Sep 15, 2016 12:11pm Sep 15, 2016 12:11pm
So, the information we got from this action is that there is acceptation above the yesterday lower distribution. Time mesures the success or failure of any price action. And we spent 1 hour an a half above this distribution. This does not mean obviously that it has to continue higher from here. In the daily profile currently we are at the POC (if you sum all the session profiles togheter in one single profile)

Also EGH periods form a cluster at today GB session open. And this is very weak.
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  • #122
  • Sep 15, 2016 12:17pm Sep 15, 2016 12:17pm
Hi Lock, I have been following your thread with interest. Thank you for your efforts. Keep up the good work. WDFX
Striving for consistency
  • #123
  • Sep 15, 2016 12:22pm Sep 15, 2016 12:22pm
Note that (conflicting information) in the full US profile we have 3 periods (H I J)in a row with their lows at half back. So this could lead to a correction because those who buy at HB are very weak too.
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  • #124
  • Sep 15, 2016 12:40pm Sep 15, 2016 12:40pm
From H, inside bar of G it breaks again upside, and now we are inside the upper distribution. Now for continuation we want to confirm inside or above it.
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  • #125
  • Sep 15, 2016 12:41pm Sep 15, 2016 12:41pm
Quoting Wdfx
Hi Lock, I have been following your thread with interest. Thank you for your efforts. Keep up the good work. WDFX
Thank you WDFX, you're welcome.
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  • #126
  • Edited 12:55pm Sep 15, 2016 12:45pm | Edited 12:55pm
Let me say a thing here: yesterday pit unch is at 3232. Now we spent more then 8 periods of the current session, without even reach it. So, all this thing today is not about value, it's about trend. In a trend day value comes after price. So if the onetimeframing higher will continue, forget the value. It is not important in this case. If instead the 1TFH will stop again, I will think it's over.

Note that price is very near to the weak brexit low TAG made by the preUS session.
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  • #127
  • Sep 15, 2016 12:55pm Sep 15, 2016 12:55pm
Lock

Can you arrange your params to the http://market24hclock.com/

the matter is that our profile are not matched
I would like to understand where mistake is

Best
D.P.

WHAT EXACTLY DO SESSIONS AND WHEN BEGIN?
Hunting High and Low
  • #128
  • Edited 1:15pm Sep 15, 2016 1:04pm | Edited 1:15pm
Quoting Dr.Phoenix
Lock Can you arrange your params to the http://market24hclock.com/ the matter is that our profile are not matched I would like to undertsand where mistake is Best D.P.
I'm GMT+1 but the server where I use the profiles is GMT+2.
So use the settings file in the zip to obtain my times(GMT+2) and then add or subtract your time from mine:
example if you see 16:30 for Pit session open in my setting, it means 16:30 GMT+2. So if you are for instance GMT+4, your Pit session open has to be set at 18:30 because you are 2 hours after me.

About sessions it is as follows:

normally I use 5 separate sessions:Sydney, Tokyo, GB(London), preUS and PitUS. Sometime I use Sydney+Tokyo as a single overnight session when I'm trading during GB, and sometime I use Sydney+Tokyo+GB+preUS as a single overnight session when I trade during Pit session.
Generally I also have a separate chart with the full daily prefile (Sydne+Tokyo+GB+preUS+PitUS all togheter).

Sometimes, like today for example, when the preUS session is particularly strong or important, I also use a Full US session (preUS+PitUS)
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  • #129
  • Sep 15, 2016 1:11pm Sep 15, 2016 1:11pm
Quoting Lock
{quote} I'm GMT+1 but the server where I use the profiles is GMT+2. So use the settings file in the zip to obtain my times(GMT+2) and then add or subtract your time from mine: example if you see 16:30 for Pit session open in my setting, it means 16:30 GMT+2. So if you are for instance GMT+4, your Pit session open has to be set at 18:30 because you are 2 hours after me.
It does not matter where I am

it does matter where my servers are placed

my time - 21:10
servers time - 19:10

Best
D.P.
Hunting High and Low
  • #130
  • Sep 15, 2016 1:19pm Sep 15, 2016 1:19pm
Now price is grinding upwards but we still are in a trend session(one timeframing higher is the ruling reason for this session). And there is no any sign of sellers.
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  • #131
  • Sep 15, 2016 1:24pm Sep 15, 2016 1:24pm
Quoting Dr.Phoenix
{quote} It does not matter where I am it does matter where my servers are placed my time - 21:10 servers time - 19:10 Best D.P.

Well, it's the same. This is your set:

Sydney 22:00
Asia 01:00
Europe 8:00
USOpen 13:00
USPit 14:30

Best L.
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  • #132
  • Sep 15, 2016 1:29pm Sep 15, 2016 1:29pm
Quoting Lock
... Note that price is very near to the weak brexit low TAG made by the preUS session.
Removed. Now I'm off. Too tired. Have I nice continuation. Best L.
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  • #133
  • Edited 3:21pm Sep 15, 2016 1:43pm | Edited 3:21pm
Quoting Lock
{quote} I'm GMT+1 but the server where I use the profiles is GMT+2. So use the settings file in the zip to obtain my times(GMT+2) and then add or subtract your time from mine: example if you see 16:30 for Pit session open in my setting, it means 16:30 GMT+2. So if you are for instance GMT+4, your Pit session open has to be set at 18:30 because you are 2 hours after me. About sessions it is as follows: normally I use 5 separate sessions:Sydney, Tokyo, GB(London), preUS and PitUS. Sometime I use Sydney+Tokyo as a single overnight session when I'm...
Lock
let us have explained

your server time GMT+2
your params are
SydneyOpen=00:00
AsiaOpen=03:00
EuropeOpen=10:00
USOpen=15:00
USPitOpen=16:30

my server time GMT+1
my params should be
SydneyOpen=23:00
AsiaOpen=02:00
EuropeOpen=9:00
USOpen=14:00
USPitOpen=15:30

GMT params are (http://wwp.greenwichmeantime.com/)
SydneyOpen=22:00
AsiaOpen=01:00
EuropeOpen=08:00
USOpen=13:00
USPitOpen=14:30

However if we look at http://market24hclock.com/

we see

Wellington is instead of Sydney at 22:00
Singapore is instead of Tokyo at 01:00
London open should be 07:00 instead of 08:00
USOpen = SanPaoulo 13:00, but market here really opens at 12:30
USPit opens at 14:30, however NYSE opens at 13:30.

Of course I have found everything I need.

But really I use Asia as Tokyo open time, London open time and NYSE open time, as to http://market24hclock.com/

So my configuration currently is

SydneyOpen=23:00 (Asia - Wellington open)
AsiaOpen=01:00 (Tokyo and Sydney open)
EuropeOpen=08:00 (London open)
USOpen=13:30 (pre US market)
USPitOpen=14:30 (NYSE open)


The question is how to be then?

Should I Use your or mine configurations?

Best
D.P.

P.S.

Quoting Lock
{quote} Well, it's the same. This is your set: Sydney 22:00 Asia 01:00 Europe 8:00 USOpen 13:00 USPit 14:30 Best L.
Thanks, but this is GMT's

EDITED - YOUR PARAMS ARE MORE ACCEPTABLE HOWEVER !!!
Hunting High and Low
  • #134
  • Sep 16, 2016 1:55am Sep 16, 2016 1:55am
PRE OPENING REPORT

please, look at yesterday one in order too see number and references, because the change is little.

Quoting Lock
PREOPENING MORNING REPORT .... {image}


GB is going to open inside yesterday range. In this case initial acceptation is possible. But we are right below yesterday GB poor high and today SYDNEY/ASIA poor highs*, so I think it cannot skip them. It's too much. I think it will test them at least. If the test succeed it will be all the way up to 3338-3346 zone. If it fails above them, we could spend some time to correct the yesterday pit session anomalies.

*Tokyo is tagging yesterday GB poor high at 3248.
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  • #135
  • Sep 16, 2016 2:07am Sep 16, 2016 2:07am
Yesterday pit anomalies are at 3216, 3207-3201, 31895-3200. First one already been removed while I was writing
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  • #136
  • Sep 16, 2016 2:08am Sep 16, 2016 2:08am
Now GB is testing current overnigh low at 3219. If it fails down here, all the way back up to overnight cluster high.
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  • #137
  • Sep 16, 2016 2:13am Sep 16, 2016 2:13am
Please note that today Sydney/Tokyo has been made with an other China bank holiday.
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  • #138
  • Sep 16, 2016 2:25am Sep 16, 2016 2:25am
Anomalies are important information because they underline the weakness of a move. The lack of smoothness of a profile generally means that the price action has been a short covering or a liquidation more than something more serious in a particular direction. And infact, as written multiple time, yesterday pit action was weak with price action grinding upwards, with a total absence of stronger partecipants. So the fact that current GB is able to retrace it with a sharp move is a confirmation of that weakness. It is liquidation of old business.
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  • #139
  • Sep 16, 2016 2:34am Sep 16, 2016 2:34am
Quoting Lock
Anomalies are important information because they underline the weakness of a move. The lack of smoothness of a profile generally means that the price action has been a short covering or a liquidation more than something more serious in a particular direction. And infact, as written multiple time, yesterday pit action was weak with price action grinding upwards, with a total absence of stronger partecipants. So the fact that current GB is able to retrace it with a sharp move is a confirmation of that weakness. It is liquidation of old business.
Also let me add a thing, the fact that GB went down immediately, without even a test or a TAG of the huge cluster higher is a clear sign of a liquidation. Stronger money will never leave behind a so weak reference without a test above it. This does not mean it cannot last. As always it means it is weak. Very weak.

The only possible sign of something is changing with this, it's the possibility of a pit gap down late today. I mean, if this liquidation will last downside below yesterday pit low and price will not be able to come back up, creating a gap down for pit US, in this case the scenario will change totally. But this is pure theory. So let's see how it will develop.

Also remember the pole of attraction at 3191 main POC from the 15 of August. There are news today and price could stay also here waiting for them.
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  • #140
  • Sep 16, 2016 2:36am Sep 16, 2016 2:36am
Quoting Lock
Anomalies are important information because they underline the weakness of a move. The lack of smoothness of a profile generally means that the price action has been a short covering or a liquidation more than something more serious in a particular direction. And infact, as written multiple time, yesterday pit action was weak with price action grinding upwards, with a total absence of stronger partecipants. So the fact that current GB is able to retrace it with a sharp move is a confirmation of that weakness. It is liquidation of old business.
Good morning, great analysis analysis Lock.
GB has finished testing @ 3207, planning to have a short sell with fast execution.
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