Disliked{quote} It is proceeding towards the old double pass pit gap 28875-2902 Upcoming pit US will open with, apparently, an anomalous gap down (more than 100 pips)Ignored
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Disliked{quote} Interesting Lock I have moved my stop and was thinking of scaling in more for a couple of extra pips?Ignored
Disliked{quote} This is very personal. Dipends by your approach to risk. Inventories are extraordinary short right now. It's Friday and I have my short just at the top of GB session. So for my situation and for my attitude a scale out was normal inside this gap. Because as written, if something could go wrong will be here. (obviously also below the 15 of August!)Ignored
Disliked{quote} I have had a good day for a change, up around 100 pips (80 locked in). Decision point for me, thank you again for your insight. Made up for my losses early in the week.Ignored
Disliked{quote} Very good, happy for that! Good continuation and, if I may, do not risk your holiday in the last part of Friday specially if you got this initial move. Market is not coming to an end today.Ignored
Disliked{quote} It is proceeding towards the old double pass pit gap 28875-2902 Upcoming pit US will open with, apparently, an anomalous gap down (more than 100 pips) C period too fast too much. A lot of single pips for it.Ignored
Disliked{quote} It is proceeding towards the old double pass pit gap 28875-2902 Upcoming pit US will open with, apparently, an anomalous gap down (more than 100 pips) C period too fast too much. A lot of single pips for it.Ignored
Disliked{quote} ...Inventories are extraordinary short right now. It's Friday and I have my short just at the top of GB session. So for my situation and for my attitude a scale out was normal inside this gap. Because as written, if something could go wrong will be here. (obviously also below the 15 of August!)Ignored
DislikedThis is the last post for today because I'm very tired right now, For continuation downside we do not want to see price acceptation above 29465. If it will happen we could have a substantial retracement upside or a balance around 2968. Instead, if price will find acceptation below this level (29465) we could "easily" go downside to correct the double pass pit gap 28875-2902 and eventually the 15 of August pit poor low. Have a nice continuation and a good weekend. Best L.Ignored
DislikedGiven the current fribonacci levels and the previous volumes at these prices we might be looking at a shooting star, although the trend is bearish but i agree the trend is not so strong any views about that?Ignored
Disliked09:36 +1GMT B high went back just to half back: an other information about who is currently ruling this price action. Clearly weak hands.Ignored
DislikedPlease note A and B period close price. They are both below Tokyo low. C is now testing the early morning low (B period low) We need confirmation below it for continuation downside. Also we do not want to continue this up and down at Tokyo low.Ignored
Disliked{quote} 10:44 Again at hb, and again at Tokyo low. Note D period inside bar of C period. Also consider D period is the last of Tokyo.Ignored
All what you have seen is a very weak environment and forcing action. It' a very dangerous situation. But unless new buyers will enter this market it could also continue lower, in a very very weak way. We are inside the old double pass pit gap from the 15 of August and GB low is 2 pips above Friday preUS low (edit). If instead new buyers will step in, all what is above here, up to Tokyo cluster poor high at 29865, will be, probably, erased.
Weak hands continue to sell at 2940 level, making it weaker and weaker at any moment in time. Can it continue lower? Absolutely. But not in a safe way at all.