Quite possible. Looks like they want to try and jam this past resistance. We'll see...

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Well looky here.... — Looks like a bit of a pre-Frankie park job. Gee....I wonder what they're trying to do.... Edit: And so it begins...

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No, I'm thinking more of a modified random walk that isn't quite random...in other words, some limitations to the distribution as to, say, atr or such. Although, odds are you would do just as well with paying attention to significant momentum ...

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No idea. I've never really spent time on it....wasn't that thread more about Ronald Raygun's question as to applying an ATR-based methodology for money management?

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I've often wondered if generating a random walk probability distribution, and then only trading movements that departed from the random walk distribution would have merit. I've never taken the time to experiment with this....

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We're playing around a tricky area. Put a horizontal line at 3565 on a 4H. Zoom all the way out. Look at the PA that has occurred here in the past. We could dick around this level for quite awhile....or not. Yes, we've been in bear mode, and yes, ...

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Shhh. Stop giving away the store.

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I'd prefer to watch PA around 35654, though you do have the round number going for you....

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Actually, Red, I feel your chart is much more accurate than Mal's statement. Pros don't just "buy on down bars....sell on up bars".....which bars? What if there are more down bars or up bars afterward? In other words...where and when? They buy at ...

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3550

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Got to love reloads.

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Yep.

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Yep. We'll see if they switch around 3-3:30....

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I'd bet the algos have switched over now...

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Bear wedge vs. 1H candle...

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Is that the Uber Bear?

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Poor form. Very poor form.

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CONGRATS!

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The peasants revolted. And they won (well, haven't really won jack sh&t yet, materially, remains to be seen...I hope for their sake it translates as such). That has got to make power extremely nervous.....

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I'm surprised that this isn't causing a greater southbound knee-jerk reaction. Who's next? And what happens now? Usually uncertainty does not float risk....

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