Dislikedwhat a tight slap cable has got today. road is open for 1.2400 nowIgnored
Best L.
*flat before overnight.
Ubi maior minor cessat
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Dislikedwhat a tight slap cable has got today. road is open for 1.2400 nowIgnored
DislikedB inside bar of A period: attempted breakout upside by C period. Note the poor low at A B lows (2633 level).Ignored
DislikedD period low at half back 26445. Note also 26355 open price: A B and C all up and down it. Extrordinary weak environment for now.Ignored
Disliked{quote} Here you are down there: now it's a cluster poor low because C low only tagged it, so it is even weaker than before. Carry this info forward.Ignored
Disliked{quote} Removed but note D high at round 2650. Carry this info forward too (even if we are in a down trend so it is less important than the weaknesses left below)Ignored
DislikedAn other grinding day, unfortunately... E and F period lows at half back 2643Ignored
Disliked{quote} Taken out. Do you understand this game? This first attempt downside was to remove the cluster poor low A B C period lows. Now if there is something more we need an other passage here and a continuation. If not: balance and/or retracement.Ignored
Dislikedwell.... mr Lock... any explanation about this flash crash?? 590 pips over one candle in 1H TF?? with no news..Ignored
DislikedPit session opened with more than 90 pips of downside gap from yesterday low at 27285. Now it could do this: balance here retracing some of the gap (inventories very very short) and then balance. retracing some and then continue lower. continue lower "immediately" fail completely here and retracing everything up to yesterday prominent poc at 27495. For a complete failure we need something similar in the USDX...Ignored
DislikedThen finally, there is the possibility of an exogenous event, something unpredictable that could change the natural course of events.Ignored
Disliked...for MP "experts" only: So... Right now we have a 7 letters POC for this pit session, and in order to move down the current POC we have 8 periods to spend plus current one.Ignored
DislikedSo it has to move in the next 2 periods to build a new bigger POC downside, otherwise it will be impossible and if the POC will not move lower the value will remain here: in this case any further action downside will be below value and consequently short in the hole.Ignored
DislikedOk. G high at round 2650 and H high at hb 26465.* No way out for now and I'm too tired so I'm off. Have a nice continuation. Best L. *watch out if it will go lower from here without corrections...Ignored
Disliked{quote} I said this 15 days back and I continue to hold the view that 1.26 will be tested. gbp will not rally untill all the bottom pickers trading on high leverage are down and out. 1.24-1.25 is where I think it will stop. beyond that would be too much. 1.20 would signal a recession and a bad one for UK in next yearIgnored
Dislikedwhat a tight slap cable has got today. road is open for 1.2400 nowIgnored