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MarcinO
Rep: 67
Posts: 5,506
It's a bit premature to draw such a deep ABCD for the Aussie, but just in case...

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6a 2014 07 20 png
RA
rat89
Rep: 0
Posts: 7,015
thanks marcin......great stuff happening in dia too......abcd to kz (26 june low to 17 june high) where the .447 met the .50, then pop up to .786 for a retest at upper line of set indicated by the prior high at 1.27.

Everything says sharp move either up or down

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screen shot 2014 07 21 at 10 06 17 am png
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MarcinO
Rep: 67
Posts: 5,506
56.75-58 ?

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es 2014 07 21 2 png
JI
jimkane
Rep: 3,058
Posts: 33,089
Watching 71-72 if this dip sends it up to a new high for the move.
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jimkane
Rep: 3,058
Posts: 33,089
And there is that new high for the move as this was posting.
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jimkane
Rep: 3,058
Posts: 33,089
Acts like it is going to have trouble here...
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jimkane
Rep: 3,058
Posts: 33,089
Same old, same old. Big push up, goes to chop in the last hour or two. Still waiting to see if it breaks to the upside, Otherwise: Zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz.
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jimkane
Rep: 3,058
Posts: 33,089
And yes, on a 1-min, structurally, it looks organized, not chop. But you can also draw the horizontal lines and see it is going nowhere. Chop or going nowhere but still organized, it's just a matter of how messy the sideways action is...
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jimkane
Rep: 3,058
Posts: 33,089
3D each higher by one tick. Hmmmmm.
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jimkane
Rep: 3,058
Posts: 33,089
Crude's up about 6 in a few days. So much for hoping the drop would lead to lower pump prices.
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jimkane
Rep: 3,058
Posts: 33,089
Sure seems like it wants more down.
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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.