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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
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jimkane
Rep: 3,058
Posts: 33,089
That Player. Look at FB now. Man, that guy is something.
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jimkane
Rep: 3,058
Posts: 33,089
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
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jimkane
Rep: 3,058
Posts: 33,089
Now up about $5 off the low. Wow. How'd he know to buy that dip?
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jimkane
Rep: 3,058
Posts: 33,089
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.
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jimkane
Rep: 3,058
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
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jimkane
Rep: 3,058
Posts: 33,089
Time for that downside to get going a bit. Pretty basic stuff, IMO.
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jimkane
Rep: 3,058
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.
MA
MarcinO
Rep: 67
Posts: 5,506
It seems that the Euro has reacted off the area on daily chart.
Is this ABCD a W2?


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6e 2014 07 24 png
RA
rat89
Rep: 0
Posts: 7,015
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screen shot 2014 07 24 at 10 41 00 am png
RA
rat89
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Posts: 7,015
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screen shot 2014 07 24 at 1 56 45 pm png
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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.