Wonder how many retail "gap" traders got their margin call this morning?????? My plan will be STFR to 3550. 3640 will give us a bit of a bounce here, typical retail suckers play.

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London closed. As it is Friday, I am done for the day and the week. Enjoy your weekend guys and galls. See y'all next week sometime.

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Ah well, need a break. This shows you how you can anticipate the next bar based on the behaviour and actions of the previous ones. IT also shows you how you can judge the next one forming based on basic actions against the previous ones. Simple ...

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As expected

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Now we finally have an open and a close inside the channel, that only means that as long as the next bar does not fake below, we will see a momentum bar here, hopefully with a follow through. If we do get a test and fake below, expect to see a bear ...

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See what I mean. Seeing how one bar behaves gives you a very good indication of what to expect on the next bar. Never see them in isolation, they are all related and dependent on each other.

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Same shit different bar.

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1 minute left to close, lets see where it closes. A close below the lTL, will only invite a momentum bar next, a close above will only give us another open on the lTL to repeat the process.

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Now we have an open right on the TL, time to see if this is another fake 'n shake (not likely)

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Another close right on the TL, no appetite to take it lower just yet, ignore the wicks on these kind of plays. I make it a bit easier on my charts, only few bars have wicks and there is a reason behind it. Waiting for the next bar to see what that ...

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That was a fake 'n shake. (I am talking the M5 here)

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It is a pain, because I can't trade while I do it. Takes too much time to keep up with the play by play and where price is going next. Ah well, testing that lower channel again. IT will hold and we will stay inside of it...How do I know that? ...

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You need to keep up, that play has long gone. I am giving you a play by play what is happening right now. And I don't care about "untested areas" they are irrelevant. Trade of what you do know. look at the progression of my play by play and the ...

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Sorry guys I am hogging the thread with some basic stuff here. NP caught me in a good mood though. Moving on, back to the bastards.

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Momentum bar on the 5, so we are going back in the channel, no choice.

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Pip perfect.

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