MyPivots
Sign In
    AL
    albert
    Rep: 99
    Posts: 3,094
    0
    Starting it off.

    Al
    MA
    MarcinO
    Rep: 67
    Posts: 5,506
    0
    Although later then I expected initially, Cable (6B H19) looks like starting significant bearish correction.
    I guess first it will hit 1.4160-70 and then, after some reaction 1.4185-1.42.
    Click image for original size
    6b 2018 04 02 png


    Click image for original size
    6b 2018 04 02 2 png
    AL
    albert
    Rep: 99
    Posts: 3,094
    0
    Cool charts, Marcin.

    Al
    RA
    rat89
    Rep: 0
    Posts: 7,015
    0
    Click image for original size
    screen shot 2018 04 02 at 7 10 14 pm png

    Click image for original size
    screen shot 2018 04 02 at 7 10 37 pm png

    Click image for original size
    screen shot 2018 04 02 at 7 10 58 pm png
    AL
    albert
    Rep: 99
    Posts: 3,094
    0
    rat,

    Cool charts.

    Al
    MA
    MarcinO
    Rep: 67
    Posts: 5,506
    0
    Reaction started 30 pips lower. It makes me readjust the area for the end of bearish correction into two levels: 1.4185 or 1.4215.
    I cannot tell at this moment which of them is more likely.
    Originally posted by MarcinO

    Although later then I expected initially, Cable (6B H19) looks like starting significant bearish correction.
    I guess first it will hit 1.4160-70 and then, after some reaction 1.4185-1.42.

    MA
    MarcinO
    Rep: 67
    Posts: 5,506
    0
    What a bullshit market. Cables stays in less than 90 pips range for a week now....
    MA
    MarcinO
    Rep: 67
    Posts: 5,506
    0
    It's really tricky, but I guess the move down might be already done here and we are ahead of another leg up.

    Click image for original size
    6b 2018 04 04 png
    MA
    MarcinO
    Rep: 67
    Posts: 5,506
    0
    Very nice initial reaction off the support.
    If this correction evolves into something bigger eventually, 1.42 and 1.4240 are my most likely reversal levels (all prices for 6B M18, currently 45 pips above spot).

    Click image for original size
    6b 2018 04 04 2 png
    AL
    albert
    Rep: 99
    Posts: 3,094
    1
    Still paper trading. Looking at weekly options and what I call "reversion to the mean," bounce back, rubber band effect, whatever. After a loss on TSLA on my first trade of the day, I traded TSLA some more and eventually made up for my loss and "broke even," not counting commissions. I made a bit on TSN and BA, all calls.

    Click image for original size
    sc243 png

    Click image for original size
    sc244 png

    Click image for original size
    sc242 png



    Al :--)
    MA
    MarcinO
    Rep: 67
    Posts: 5,506
    0
    Nice work, Al.
    Don't be afraid to post your ideas in advance here.
    RA
    rat89
    Rep: 0
    Posts: 7,015
    0
    nice

    Originally posted by MarcinO

    Some small reaction finally, right off the area. Let's see if it sustains.
    Cable looks so overbought right now, especially compared with key USD pairs, that it should be falling like hell.
    BTW, Bank of England's governor speech in 15 minutes.
    Originally posted by MarcinO

    Let's see here?