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Duane
Rep: 100
Posts: 1,095
Good Trading everyone!
AL
albert
Rep: 99
Posts: 3,094
AVA on different TFs. I traded the 1 minute chart, I caught a little of the downmove, after the initial upmove. AVA on 1 min, hourly, daily, and weekly.

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Good Trading,

Al
DU
Duane
Rep: 100
Posts: 1,095
Great Charts Al, Thanks!!
DU
Duane
Rep: 100
Posts: 1,095
Originally posted by MarcinO

One more comment here, I am ready to keep this position overnight. Recently Cable allows for such a management style, I think.
Originally posted by MarcinO

It made a new nominal HOD to 31, but this is still within tolerance level and I am staying short.



Nice trade Marcin, great call to hold it, looks like an expanded ABCD, right on the 1.272
MA
MarcinO
Rep: 67
Posts: 5,506
Thanks, Duane. Taking into account timing factor, I would say Cable will drop to 1.2615 or 1.2590.
MA
MarcinO
Rep: 67
Posts: 5,506
EXP ABCD above 1.27 ?

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RA
rat89
Rep: 0
Posts: 7,015
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rat89
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Posts: 7,015
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MA
MarcinO
Rep: 67
Posts: 5,506
That move of Cable above 1.27 seems completely manipulative. I wonder if this is just a usual way of bringing issue to better prices by big manipulators.
If so, they are preparing for a major drop on Fed rate decision today. 1.2360-70 would be an excellent 'target' for them.
MA
MarcinO
Rep: 67
Posts: 5,506
Is this a real sell-off starting in the Cable now?
MA
MarcinO
Rep: 67
Posts: 5,506
If they are really going to drop it my areas are: 1.2620, 1.2590, 1.2490, 1.2450 and the real sweet pot - 1.2360.
AL
albert
Rep: 99
Posts: 3,094
Nice stuff, rat. I will have to study that chart and calculations some more.

DDD on the 5 min TF. Kane DT ABCD at 0.5+. 1.0*ab=cd. I chased this one, not a good practice for me. Made a bit on a BUY. : )

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Al