Extensions!!!!!

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I've also never met anyone who has ever heard of John Law or what he did. Nor do they ask or look for themselves.

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John Law comes to mind when I think of central banks. They need to create their own self importance!!!!! I'm not saying that you're not correct. I'm saying it's just part of the game they play to make it appear "not manipulated".

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Well, they need to keep up appearances

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I would not be surprised to see it retest 1.1733 again before a rise back up to 1.1780

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It's pretty damned amazing to watch what happens in the last couple minutes of that hourly bar. They'll spend 58 minutes on the opposite end and then close in the last 2 or 3 minutes at the other end.

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Wow, you're up early

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Were all the downloads earlier in the day from an Apple tool?

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A double inside bar

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I have a Magnetic line at 1.17879 along with the divergence.

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Pretty much covers it.

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Obviously Ata's closest personal friend!!!

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So far price bounced off the steep trend line entry slot on the 15 minute chart earlier

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If I could ask? On your entry at the steep trend line break. Is the first requirement divergence on the MACD on the time frame your trading or the hourly?

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The chartist (us) has but one true rule. What is the chart doing? We either join in with what the chart is doing or we fight it. On the hourly chart. The highs of the day could not break (close) above Thursdays high. The chart just broke 2 minor ...

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I know from personal experience that hope isn't a profitable strategy.

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The point of decision will come IF it gets back to the 1688-90 level, that's the break point on my chart.

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If you look at markets virtually every wide range bar of each swing or segment of a swing gets retested in some fashion. Sometimes it just takes some time and balls

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The point is that markets haven't changed. Basic structure theories have been known for centuries. That is why I like the methods that Ata practices. They uncover the points or levels that buyers or seller will probably make a stand. Then when you ...

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It's out of a book about the Sakata method of trading created and used by Sokyu Honma, the great Japanese rice trader from the 1700's. Felipe Tudela is the author. Not a prediction, just information for interpretation or application.

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