the sensible choice of course, got some juicy economic data out within the hour...

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If I had to guess, I'd say pull back and we'll close today at the weekly high, but that's a pure "stick my finger in the air to see which way the wind is blowing" guess... Will be just entering and exiting based on pa, went long there for 15 pips, ...

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I prefer to think of support/resistance in terms of price zones rather than specific levels, it does appear that for the time being the market agrees with you to within 10 pips...

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wasn't this a shakeout? everyone calling for shorts now?

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holding fire, waiting to see the whites of their eyes... although 20 pip breach of interim minor support is mightily tempting...

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You serious? better get your skis out...

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Ah yeah, confluence with monthly pp and also I think a major fib and previous resistance/support level..

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??? re-accumulation or redistribution is continuation, accumulation or distribution is reversal, all four are characterised by consolidation or range patterns... At least the way I see it..

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equidistant channel line?

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could be the case that usd cpi and retail numbers will prove to be the catalyst for a move in a few hours and we may see some range play in the lead up, expecting a break of some knid when NY comes in...

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I dunno, it always seems to go that much further than expected, gonna be stop city down there...

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Quite a stark pin bar on H4

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for a shakeout, I'd favour sub 332x

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Why accumulation & not redistribution? Bit pee'd off, shorted at 3450 and took profit at 3391 so only caught half the move...

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like I'm sure your old maths teacher used to say, show your method of calculation...

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yeah good point, looks like a hull ma to me...

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think he means the ma...

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That's weird, 300 pip intraday rally against USD and not a peep out of Skyzer... Dr Evil must still have his mojo... video

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I like your style Reds and I like Sam Seiden's stuff, have watched most of his webinars on S/D zones...

Price is everything

Ha ha, no I don't actually work at a parking lot, lol... It's a bit of a joke, we call the M25 motorway (London orbital) a car park because it's so congested during peak times, it's bumper to bumper crawling, average speed of 5 mph if you're lucky. ...

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