It's a bit premature to draw such a deep ABCD for the Aussie, but just in case...
JI
jimkane
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FB up now over $4 off the low. 'The Player' is simply amazing at times. How he does it, I'll never know. I went ahead and added him to the 'KT terminology' page.
http://www.mypivots.com/board/topic/4214/-1/kt-terminology
http://www.mypivots.com/board/topic/4214/-1/kt-terminology
JI
jimkane
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Made it to just about $6 off the low, smokin' the all-time highs. As long as we see this type of behavior, the 'bulls#%&' market isn't done yet.
JI
jimkane
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Posts: 33,089
Nope, speculation isn't even close to dead. This 'bull' is looking strong.
http://www.zerohedge.com/news/2014-07-23/what-8900-1-day-profit-looks
http://www.zerohedge.com/news/2014-07-23/what-8900-1-day-profit-looks
JI
jimkane
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Posts: 33,089
Bathroom break check. I see they bought the dip, no real downside after all, and now it sits two ticks from the all-time high. Again. That dip was right back to the first price flow. They don't want to let this thing come in at all.
JI
jimkane
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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.



