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Lock's Cable Corner

  • #221
  • Sep 19, 2016 10:29am Sep 19, 2016 10:29am
Quoting Lock
{quote} B C poor low removed, now testing below 3066.
Remember that if we find acceptation below 3066 (I repeat IF) the next vip reference below is the Friday pit session late afternoon rally high top at 30213 that is also the top of the friday lower distribution.
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  • #222
  • Sep 19, 2016 10:46am Sep 19, 2016 10:46am
Quoting Lock
{quote} Well, it looks like nothing happened in the last couple of hours... PreUS opened inside yes pit range/value and is balancing. Let's see if it will continue with this short covering. Please note the A period low of current preUS session: it is exactly at the lower daily bracket high 30465 !
And, after the acceptation below the upper pit session friday distribution, here we are now again at the top of the lower daily bracket...
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  • #223
  • Sep 19, 2016 11:10am Sep 19, 2016 11:10am
Quoting Lock
{quote} And, after the acceptation below the upper pit session friday distribution, here we are now again at the top of the lower daily bracket...
Note that this little pit liquidation from the top of the friday higher distribution to the current poor low (E F periods low) left behind itself 3 new anomalies and a poor high! Note also price action up and down the notorious lower daily bracket high 30465.
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  • #224
  • Sep 19, 2016 12:10pm Sep 19, 2016 12:10pm
Price spent more then 9 hours up and down the lower daily bracket high at 30465. Consequently the daily POC is right here. We have 2 poor low for the last 2 pit sessions (Friday and today). Current pit session profile is ugly but the interesting thing is that price managed to move the POC downside where we currently are. If the pit poc remain here there is a possibility to see price come down even further eventually targeting the top of the lower distribution from Friday 30213 and the poor low of the same session (29955). But considering the prominence of the daily poc price could also remain here balancing. Let's see.

Note that current pit session is in one timeframing lower mode from the start.
Note also that G is inside bar of F. H could attempt a breakout from here, up (to correct the round 3050) or down to continue lower to the top of the lower friday distribution high.
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  • #225
  • Sep 19, 2016 1:00pm Sep 19, 2016 1:00pm
Quoting Lock
{quote} Remember that if we find acceptation below 3066 (I repeat IF) the next vip reference below is the Friday pit session late afternoon rally high top at 30213 that is also the top of the friday lower distribution.
Quoting Lock
... If the pit poc remain here there is a possibility to see price come down even further eventually targeting the top of the lower distribution from Friday 30213 and the poor low of the same session (29955).[ ...] Note that current pit session is in one timeframing lower mode from the start. Note also that G is inside bar of F. H could attempt a breakout from here....
30213 eventually tagged at the pip.

Now let's see if price will find rejection or acceptaion below it. If acceptation the Friday poor low 29955 is more than possible. If rejection we could see price retrace up to 3050 round.
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  • #226
  • Sep 19, 2016 1:02pm Sep 19, 2016 1:02pm
Quoting Lock
{quote} {quote} 30213 eventually tagged at the pip. Now let's see if price will find rejection or acceptaion below it. If acceptation the Friday poor low 29955 is more than possible. If rejection we could see price retrace up to 3050 round.
Well called again Lock. I have been in the trade since 3090. Stop loss now tight at 3030
Striving for consistency
  • #227
  • Sep 19, 2016 1:03pm Sep 19, 2016 1:03pm
Anyhow, I'm off for today. Too tired to continue. Have a nice continuation.
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  • #228
  • Sep 19, 2016 1:07pm Sep 19, 2016 1:07pm
Quoting Wdfx
{quote} Well called again Lock. I have been in the trade since 3090. Stop loss now tight at 3030
Thanks. Your position was better than mine. I placed a short below the friday upper distribution.
Now warch out there are 5 anomalies for current pit profile. It could continue lower as written but do not forget the weakness of this environment. Good continuation. L.
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  • #229
  • Sep 19, 2016 1:16pm Sep 19, 2016 1:16pm
Quoting Lock
{quote} {quote} 30213 eventually tagged at the pip. Now let's see if price will find rejection or acceptaion below it. If acceptation the Friday poor low 29955 is more than possible. If rejection we could see price retrace up to 3050 round.
Lock, there seems to a doji-star to be being formed, what means that the price is about to find itself higher rather than lower.
Of course we need for the price to be closed to be equal to the open price.
However the cable has been surprising me many times.

Best
D.P.
Attached Image
Hunting High and Low
  • #230
  • Sep 20, 2016 1:02am Sep 20, 2016 1:02am
Quoting Dr.Phoenix
{quote} Lock, there seems to a doji-star to be being formed, what means that the price is about to find itself higher rather than lower. Of course we need for the price to be closed to be equal to the open price. However the cable has been surprising me many times. Best D.P. {image}

Yes I'see it. I don't now, we are now in a rare naroow range for Tokyo and we add an other Sydeny poor low tonight. It has space above and a lot to correct, while at the same time it didn't finish the work downside. Note that current Asia is, again, tagging the lower daily bracket high. So we spent here something like 24 hours in order to decide if, above it or below it... menaing going to test the low of the upper daily bracket or instead accepting below and going to the low of the lower bracket..Let's see. Best L.
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  • #231
  • Edited 1:29am Sep 20, 2016 1:09am | Edited 1:29am
EARLY MORNING REPORT

Yesterday we have seen a continuous test of the lower daily bracket high at 30465. Tokyo attempted all night long to stay above it without success. We are currently balancing around a major composite POC at 3039. And below we now have 2 more poor lows one more poor low, one made by Sydney at 3026 and an other one made by current Tokyo session at 3030. corrected by M period 08:26 +1 GMT
From here price could break: If upside, we will correct all the yesterday anomalies left during pit session.(see chart) If below it will probably take out all the poor lows down to 2996 Friday pit session low.
Note that, as written in the previous post, current Tokyo poor high is exactly at 30465, so it is particularly weak.
Anyway if for some reason Tokyo will be able to build an other gap down for the upcoming GB session, the weakness above could be eventually skipped for now (if the hypothetic gap will not be retraced fastly)

Attached Image (click to enlarge)
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  • #232
  • Sep 20, 2016 1:42am Sep 20, 2016 1:42am
How are you today Lock..???

So is this what you call Pre UK session this time now??
Don't Leave Money on the Table
  • #233
  • Sep 20, 2016 3:25am Sep 20, 2016 3:25am
Quoting Lock
EARLY MORNING REPORT Yesterday we have seen a continuous test of the lower daily bracket high at 30465. Tokyo attempted all night long to stay above it without success. We are currently balancing around a major composite POC at 3039. And below we now have 2 more poor lows one more poor low, one made by Sydney at 3026 and an other one made by current Tokyo session at 3030. corrected by M period 08:26 +1 GMT From here price could break: If upside, we will correct all the yesterday anomalies left during pit session.(see chart) If below it will probably...
I love you bro....

Selling now and will sell later @ 01:30 PM GMT+1
See calendar for details.
Attached Image (click to enlarge)
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  • #234
  • Sep 20, 2016 3:27am Sep 20, 2016 3:27am
i tp already 40 green pips happy for this week
  • #235
  • Sep 20, 2016 3:38am Sep 20, 2016 3:38am
Quoting FloatingCha
i tp already 40 green pips happy for this week
Not over until its over

There is opportunities to make more green pips; just saying based on the possibilities.
  • #236
  • Sep 20, 2016 6:21am Sep 20, 2016 6:21am
Apologies lock this post deleted -- posted to the wrong thread. ignore
Striving for consistency
  • #237
  • Sep 20, 2016 7:04am Sep 20, 2016 7:04am
So, we seem to work out the unfilled hidden gap of 29250-29400

Best
D.P.
Hunting High and Low
  • #238
  • Sep 20, 2016 8:25am Sep 20, 2016 8:25am
I'm sorry for my absence today. I was forced out for business reasons.
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  • #239
  • Sep 20, 2016 8:28am Sep 20, 2016 8:28am
Of the last weaknesses below this is what happened:

 

  1. 29585 08.16 pit US poor low
  2. 28785 08.15 Tokyo session poor low
  3. and finally 28655 08.15 Pit session poor low

We are now inside (at the top of ) the old pit gap higher from 08.15. And upcoming pit session is going to open with a considerable gap down. So the pit session will develop between 2 gaps.

PreUS low is currently tagging the poor low og the GB session, so it is particularly weak (29537).

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  • #240
  • Sep 20, 2016 8:36am Sep 20, 2016 8:36am
Note also that current pit session (opened with a gap down) is tagging the old pit poor low from 08.16): extraordinary weak here.
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