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- Sossos replied Aug 15, 2018
At this point I would have to say that someone with deep pockets is buying everything close to 1320. They've held their ground now for 6 hours.
EURUSD only
- Sossos replied Aug 15, 2018
Just a comment Donwealt, I spent my entire evening last night starting at the first page (1463) that Ata started from his first page. I then went to my charts on the same days that he was commenting and drawing lines on. I did what he was doing. ...
EURUSD only
- Sossos replied Aug 15, 2018
First trade small amounts. Second draw the trend lines as Ata has been showing here and the break point and use the break point retest for your entry. Right now we have a sell bias (1337) that has been hit already. Plus we're having trouble getting ...
EURUSD only
- Sossos replied Aug 15, 2018
On a 15 minute chart 1319 has been hit 4 times now and held pretty firmly, 10:30 pm CMT, Midnight. 3:00 am and the last bar. That doesn't mean buy, but it means someones buying there. We haven't had a broken high close yet and no trend line break ...
EURUSD only
- Sossos replied Aug 15, 2018
I would expect some buying at 19-20, but...... Looks as though the London open line from the last 2 days is now the down sloping trend line too.
EURUSD only
- Sossos replied Aug 14, 2018
You seemed to have overlooked that after April and Mays big run down (down 900), price went comparably flat (275)and corrective for June and July. Time had to catch up to price. The scale is the difference, not the overall concept. Would it be hard ...
EURUSD only
- Sossos replied Aug 14, 2018
The average swing is in the neighborhood of 80 ticks, the E/U just went 200+ in just over a day. We trade on a price axis and a time axis. Which of the two do you think got ahead of the other since last Thursday. So is price catching up with time or ...
EURUSD only
- Sossos replied Aug 13, 2018
Here's what I can see from a factual point of view. On the hourly chart!! 1. Price has broken up above the 3 prior closing highs, which had produced closing lows (and the gap open ). 2. Price has tested the crossing point of the new down sloping ...
EURUSD only
- Sossos replied Aug 13, 2018
Actually I would have a bias for long, if the lower line cross point holds. about 1.1385-1.1380
EURUSD only
- Sossos replied Aug 13, 2018
In the spirit of Ata, since he in and out and not able to post his chart I will make a feeble attempt.
EURUSD only
- Sossos replied Aug 13, 2018
I would say that you will now get the next ABC. That will eventually become a larger ABC with a 3-3-5 form, better known as a flat correction. Good work!!
EURUSD only
- Sossos replied Aug 13, 2018
Read the book and see if it changes your perspective about what indicator divergences are. Whether it's the MACD or the RSI it matters not. The old saying "Use the tool, don't be used by the tool". I know what you think about divergences because ...
EURUSD only
- Sossos replied Aug 13, 2018
Try reading this on the RSI. Divergences ARE NOT what you think
EURUSD only
- Sossos replied Aug 12, 2018
I have 3 simple questions. What is the average swings size in the last 90 days? And. What is the average pullback size in the last 90 days? And. At this point in time is there anything to suggest it's still not going down?
EURUSD only
- Sossos replied Aug 12, 2018
I'm curious what you thought of the Felipe Tudela book that you mentioned earlier in the thread. Having studied Elliott, Miner and Andrews, I found the revelation of the pivot counts pretty cool. Honma knew of it in the 1700's, Elliott and Prof ...
The Great Pumpkin
- Sossos replied Aug 12, 2018
Think or Swim raised the margin on any trading in the Turkish Lira. While I haven't looked at it ever, I would guess that the spreads are blowing out too.
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