It's a bit premature to draw such a deep ABCD for the Aussie, but just in case...
JI
jimkane
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And now they'd likely snap it back up. Just games. Just chop. It may go somewhere, but few will be on board. And if they play this chop game enough, people will, over time lose confidence.
JI
jimkane
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Slow grind toward the key area around the low. I just can't see them trying to take it out, and I fully expect they could explode it up at any time, but we'll see. All in all, just last hour chop, again. I wish they'd just dump this oinker...
JI
jimkane
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Okay, there's the pop. Let's see if it's another trap, or 'the run'.
JI
jimkane
Rep: 3,058
Posts: 33,089
How funny, though, if they'd do it right off the obvious 1-min TL. They do have to do some obvious moves, or no one would get suckered anymore, but this one is just so obvious...
JI
jimkane
Rep: 3,058
Posts: 33,089
It looks like nothing but chaotic chop, but in my opinion, it's not. I think they have programs they set to run that just do these manipulation patterns, because they know the reactions they will create, and they just run and take all the suckers money, time after time. It's not just the dips they create, it's how they look when they happen, how fast the move is, how it will affect sucker traders, where they happen, and so on. The way they happen right at key obvious lines, though, makes me wonder if they aren't human directed. If not, the programs are far, far 'smarter' than I would even think possible, they would have to be so 'smart' that it actual would scare me. The ability to differentiate which lines suckers would watch, and then adjust the program games around that, holy cow... Frightening.
