SI
sirios
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Does triple top mean that we should expect here big DT because of 'context' first top or we could have also smaller DT?
SI
sirios
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Posts: 157
Now I know the answer. It depends on context. RTH gives right context to send it up.
SI
sirios
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It looks that GBP is coming back to trend from higher timeframe (context). The same is on EUR.
Originally posted by MarcinO
I don't know if this is a D point indeed, but look at the groupings there.
Every pivot point on lower time frame in the area limited by the groupings drawn after the C point emerged fell just in one of the zones.
Beautiful.
MA
MarcinO
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Posts: 5,506
Maybe, but the context is a hard thing to grasp.
Anyway, at least part of long trades started in the zones (D point hunting)which didn't play out could be turned into some profit.
Anyway, at least part of long trades started in the zones (D point hunting)which didn't play out could be turned into some profit.
MA
MarcinO
Rep: 67
Posts: 5,506
It's acceptable I think. I'm not saying it will play out in case of GBP now, but such a retracement level is considered valid according to Jim. At least in some contexts.
See example on gold:
http://www.mypivots.com/board/topic/7181/8/trading-discussion-week-of-1-8-12-to-1-13-12
See example on gold:
http://www.mypivots.com/board/topic/7181/8/trading-discussion-week-of-1-8-12-to-1-13-12
Originally posted by sirios
Exacly.
I think point D might be too deep because is at 1.46 of BC.
SI
sirios
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I'm not sure if Jim was interested in playing short on gold at 1.46 EXP in this context. I think he just mention that there something might happend.
JI
jimkane
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Posts: 33,089
Well, I was feeling under the weather, and that's why I didn't post those days, but that wasn't related to my puking comment there. Just a coincidence.
Originally posted by MarcinO
That's what I suspected more or less from your commentary as a whole.
I wrote that post as it was unusual for you not to comment for a few days but didn't refer to the one particular sentence.
Originally posted by jimkane
You do know I meant puking from making yourself sick from the ethical dilemma of holding your nose and buying this overvalued, manipulated POS market, right?
Originally posted by MarcinO
Good to read your comments again Jim
I hope you'll get better soon
Originally posted by jimkane
Nice day. Same old, same old for the maniacs. Nothing has changed, or likely ever will change, in the era of infinite money printing. Hey, as long as it still follow the tools, I guess you hold your nose real hard and do what you got to do... And try not to puke too much.

