Unbelivable right on that 1.618 !!

How you predict the market Jim !!






Mats

TD big ABCD at 88.6 gap down. We will see if we can go higher from it

Gap .886, 120min 4PC pattern, magnificent linear pattern entry trigger, VPC,synergies etc..
nice nice..

VPC? What is it .. and of course I meant 4PC not TD :) Now you know what I know .. :)

Thanks Tomo and T wellcome back !!

Mats

Mats .. i could not believe we can start moving from the open as we opened below this ML you drew. I hope Jim can tell us if this kind of behavior is important or not. For me I found it is. But have not even 5% of experience Jim has with this stuff. Now we are at this ML again and maybe zoom and retest will give good buying opp.

I try to see if I can find 5 waves for but globex and nonglobex
really mix it up sometimes and so does the lines.
Yes I can see that on higher timeframe (globex) tomo.











Mats

It is also on RTH chart. A small difference.

OK

And IB did not exceed 100% here am I right?

Mats

tomo,
VPC stands for Virgin Point of Control.Please see KT terminology topic.
In market profile POC is a price peak balance level where price has traded most of the time in that day's trading. And it's a 'Virgin' POC if it hasn't been tested yet. Usually you project that level into the future to see if that fits with other things. The psychology details behind the VPC concept can be found on the net if you're interested.

T

Of course you sould not stay away !

For myself I had some other things to take care of,
and for the moment I have a bunch of papers with IB,
POC, TPO etc.

Mats