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Lock's Cable Corner

  • #2,981
  • Feb 1, 2017 3:26am Feb 1, 2017 3:26am
Quoting Lock
17/02/01 WEDNESDAY 08:23+1GMT EARLY MORNING REPORT... Above we have the very weak Sydney poor high at 2600 round tagged also by a Tokyo session high, the highest GB close for current year at 26175 and the highest GB high at 2673, that as written many times, is weak as it is a perfect tag of a very important GB ref. Note that the FOMC at 20:00+1GMT could heavily influence the behaviour and even the partecipation of upcoming GB and US sessions.
Taken out.
Ubi maior minor cessat
  • #2,982
  • Feb 1, 2017 3:33am Feb 1, 2017 3:33am
D low at early morning high: 3 letters poc there. Rotational environment for now.
Ubi maior minor cessat
  • #2,983
  • Feb 1, 2017 3:39am Feb 1, 2017 3:39am
So D tested below yes GB close, failed and here it is the continuation.
Ubi maior minor cessat
  • #2,984
  • Feb 1, 2017 3:41am Feb 1, 2017 3:41am
Hey Lock,
Your analysis provides a backdrop to trade.
it is useful.
Cheers.
  • #2,985
  • Feb 1, 2017 3:41am Feb 1, 2017 3:41am
Now we need acceptation above GB nov close 2604 and, as said before, we need to reach and obtain acceptation above 26255.
Ubi maior minor cessat
  • #2,986
  • Feb 1, 2017 3:41am Feb 1, 2017 3:41am
Quoting behram
Hey Lock, Your analysis provides a backdrop to trade. it is useful. Cheers.

Thanks. You're welcome.
Ubi maior minor cessat
  • #2,987
  • Feb 1, 2017 3:44am Feb 1, 2017 3:44am
Quoting behram
Hey Lock, Your analysis provides a backdrop to trade. it is useful. Cheers.
Correct....Well because I see so many wow-moments here.... I must learn this approach...So that I can see all the stuff Lock is seeing here. Well the only solution then is learn, learn and learn...read, read and reading and just doing.....!!
You can manage risk, but you can't manage the return
  • #2,988
  • Feb 1, 2017 3:44am Feb 1, 2017 3:44am
Quoting Lock
17/02/01 WEDNESDAY 08:23+1GMT EARLY MORNING REPORT ... Above we have the very weak Sydney poor high at 2600 round tagged also by a Tokyo session high, the highest GB close for current year at 26175 and the highest GB high at 2673, that as written many times, is weak as it is a perfect tag of a very important GB ref. Note that the FOMC at 20:00+1GMT could heavily influence the behaviour and even the partecipation of upcoming GB and US sessions.
Tagged for now: we need acceptation above it as said, for continuation.
Ubi maior minor cessat
  • #2,989
  • Feb 1, 2017 3:47am Feb 1, 2017 3:47am
Quoting HappyMe
{quote} Correct....Well because I see so many wow-moments here.... I must learn this approach...So that I can see all the stuff Lock is seeing here. Well the only solution then is learn, learn and learn...read, read and reading and just doing.....!!
When I saw 3 letters poc I said rotational, but immediately after that when I saw rejection below yes GB close I change my mind and saw continuation. That's could be tricky and I'm sorry if it could mislead some of you. But this is market: a continuous 2 ways auction process based upon change. When change occurs you have to be fast enough to change too accordingly with the new situation. And sometime, like today, change could occur in a matter of milliseconds.
Ubi maior minor cessat
  • #2,990
  • Feb 1, 2017 3:51am Feb 1, 2017 3:51am
Btw I scaled out too much already, so I'm not immune to emotions too.
Ubi maior minor cessat
  • #2,991
  • Feb 1, 2017 3:57am Feb 1, 2017 3:57am
Note that this action removed already all the stops (Tokyo and GB at least) above the last 4 days. Carry this info forward because now, unless new buyers will step in, we have not so much to do at this level. So monitor carefully the possible acceptation above 26255: it is fundamental for continuation, because new buyers could only be above this level.
Ubi maior minor cessat
  • #2,992
  • Feb 1, 2017 4:03am Feb 1, 2017 4:03am
Quoting Lock
17/02/01 WEDNESDAY 08:23+1GMT EARLY MORNING REPORT ... Above we have the very weak Sydney poor high at 2600 round tagged also by a Tokyo session high, the highest GB close for current year at 26175 and the highest GB high at 2673, that as written many times, is weak as it is a perfect tag of a very important GB ref. Note that the FOMC at 20:00+1GMT could heavily influence the behaviour and even the partecipation of upcoming GB and US sessions.
Quoting Lock
{quote} Tagged for now: we need acceptation above it as said, for continuation.
No acceptation for now above GB highest close for this year.
Ubi maior minor cessat
  • #2,993
  • Feb 1, 2017 4:07am Feb 1, 2017 4:07am
E low at half back. Weak hands still ruling the market.
Ubi maior minor cessat
  • #2,994
  • Feb 1, 2017 4:09am Feb 1, 2017 4:09am
Now we can start to monitor the situation in relation to the yesterday pit high at 25965: current GB action could build a new gap upside, or not. A new gap upside for pit session could let the market open above the last two poor pit highs.
Ubi maior minor cessat
  • #2,995
  • Feb 1, 2017 4:13am Feb 1, 2017 4:13am
I'm off for a while.
Ubi maior minor cessat
  • #2,996
  • Feb 1, 2017 4:15am Feb 1, 2017 4:15am
Quoting Lock
Dear followers, if you understood what I'm writing and why, please click the like button. I need to know if my analysis are comprehensible or not. Thanks for your help.
Hi Lock, yes it's comprehensible, thank you. I've found the sense I was searching for in the auction process and MP and my edge is sharper. With ongoing study and application my understanding grows both of the subject and of myself.
  • #2,997
  • Feb 1, 2017 4:33am Feb 1, 2017 4:33am
E inside D. And F inside E.
Ubi maior minor cessat
  • #2,998
  • Feb 1, 2017 4:36am Feb 1, 2017 4:36am
Do not anticipate the possible break. If it break and fail, natural initial direction opposite side of balance.
Ubi maior minor cessat
  • #2,999
  • Feb 1, 2017 4:44am Feb 1, 2017 4:44am
Remember 26255.

Quoting Lock
Note that this action removed already all the stops (Tokyo and GB at least) above the last 4 days. Carry this info forward because now, unless new buyers will step in, we have not so much to do at this level. So monitor carefully the possible acceptation above 26255: it is fundamental for continuation, because new buyers could only be above this level.
Stronger buyers could be there above but also stronger sellers.
Ubi maior minor cessat
  • #3,000
  • Feb 1, 2017 4:48am Feb 1, 2017 4:48am
Quoting Lock
Remember 26255. {quote} Stronger buyers could be there above but also stronger sellers.
Quoting Lock
Note that this action removed already all the stops (Tokyo and GB at least) above the last 4 days. Carry this info forward because now, unless new buyers will step in, we have not so much to do at this level. So monitor carefully the possible acceptation above 26255: it is fundamental for continuation, because new buyers could only be above this level.
Well this is again such a WOW-moment..... struggle...and testing from below....break and now testing from above....
You can manage risk, but you can't manage the return
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