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jimkane
Rep: 3,058
Posts: 33,089
I just checked in and saw there was no topic for the week yet, so here it is.
JI
jimkane
Rep: 3,058
Posts: 33,089
Yeah, here they come. Right off 'the look'.
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rat89
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Posts: 7,015
outside of you and roofer no one I know knows about it

Originally posted by jimkane

Well, every so often they have to do the obvious, I think, or no one will ever react and the suckers would win. I see this all the time with TL's. Granted, few know about or follow the .447, but I think the same still applies.


Originally posted by rat89

come on....they stopped it right on the .447? To f-ing obvious, right?


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rat89
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Posts: 7,015
good feel....kz down, and now kz up?

Originally posted by jimkane

I still think 38 or so is a magnet for it. Chop and hack and grind, and hit 38ish before the end of the session. That's my best guess. But, it has all the look it usually has when they come in, so I'm ready for them.
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jimkane
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Posts: 33,089
Looks like it was chop in the low end of the range.
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MarcinO
Rep: 67
Posts: 5,506
With reference to the Pound, I guess that 1.5150 was the low of correction, and the most likely scenario for me is a quick advance to 1.5390 - 5420, with timing factor indicating wide time span starting from toworro afternoon ending at the beginning of next week.
I will place a clean chart with some ideas later today.
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MarcinO
Rep: 67
Posts: 5,506
Here's the chart with my idea, one of my favorite series - 'random walk theory in practice'.
And referring to wide timing factor, not shown here for clarity reasons, one of possible ways to get to my area is to hit it fast, like tomorrow or one day later, and then stay there for a couple of overlapping swings, with final move deeper into the zone.


Click image for original size
6b 2015 11 17 png
MA
MarcinO
Rep: 67
Posts: 5,506
Here's the chart with my idea, one of my favorite series - 'random walk theory in practice'.
And referring to wide timing factor, not shown here for clarity reasons, one of possible ways to get to my area is to hit it fast, like tomorrow or one day later, and then stay there for a couple of overlapping swings, with final move deeper into the zone.


Click image for original size
6b 2015 11 17 png
JI
jimkane
Rep: 3,058
Posts: 33,089
I'd still like to see my 38ish, but with that bounce, and it happening in the after-hours, it would have a different meaning. So if it did roll down there, I'm not sure it would stop.
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MarcinO
Rep: 67
Posts: 5,506
1.5165 and then up?


Click image for original size
6b 2015 11 18 png
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MarcinO
Rep: 67
Posts: 5,506
The advance started earlier.
JI
jimkane
Rep: 3,058
Posts: 33,089
Well, it did hit 89.25, so that's okay. I got the read into the area, and pretty much for the move up. The morning made the move right to the posted area, the move down was in nice waves that followed the principles. All-in-all a pretty good day for trading, in my opinion.


Originally posted by jimkane

I'd like at least 90, preferably 92-93.