herd mentality — An old saying: to anticipate a cross is to anticipate a loss. Retailers anticipating a reversal, so then expect a continuation after this (or further) pause. Play it both ways on various tfs. Daily candles rising might be ...

Cable Update (GBPUSD)

Good job! ~60 pips offered in the collapse of this 5m bubble. Dr. D.

Cable Update (GBPUSD)

only consolidation? — I could see these EMAs collapse and condense into another compression cycle on the 5m / 15m to build the energy ahead of tomorrow's LDN and NY news for another go at the 1.6000. Dr. D. (the illusionist)

Cable Update (GBPUSD)

correction or reversal — Why should we think this little pullback is a needed reversal and not a correction in the upward trend? Dr. D.

Cable Update (GBPUSD)

To Bubble or not to Bubble... — It's hard to form a bubble on a trend having a gradual slope as seen here in the 1hr chart. [greater (>) than 45 degrees with the vertical]. The energy release is strong due to the higher tf compression pattern ...

Cable Update (GBPUSD)

more than one way to skin a.... — Testing 1.6000 makes perfect sense and completing a sHs pattern while maintaining a tightening compression pattern on the daily could signal a big move to the south. Dr. D. note: EMA's excluding the 6ema are ...

Cable Update (GBPUSD)

who said the world is round? — No worries and no apologies required. I expect to provoke discussion and even the objection of technical chartists with an outrageous part-time notion that a patterned series of so-called useless lagging ...

Cable Update (GBPUSD)

Agreed — Re: TT And anyone who is light hearted enough to bring Maxine art into the mix is someone to befriend. No this is not a method, and God help me from rebuke if I should label it a system... it's simply an incomplete timing tool for ...

Cable Update (GBPUSD)

Always nice to discover a like minded friendly voice among the thieves and misfits in this asylum. LOL Dr. D.

Cable Update (GBPUSD)

The Compression Phenomenon — I have also observed what I consider to be an interesting phenomenon that is ever repeating when buying and selling (price action) either narrows and consolidates (or separates and diverges) to such degrees where ...

Cable Update (GBPUSD)

MMAs — TT I now recognize that your remarks are more often light hearted in nature and were neither to inflame or attack but were perhaps an attempt to clarify or understand. Your point on consolidation of PA vs compression of EMAs is well ...

Cable Update (GBPUSD)

past and present — More illusions in the making. Dr. D.

Cable Update (GBPUSD)

only an illusion — I'm not sure this actually shows anything. Dr. D. compression > separation

Cable Update (GBPUSD)

TT Then you've missed the point in many of my attachments. I for a very long time have offered commentary attached to both 'before' and 'after-the-fact' compression charts... not to offer the careless and useless projections and prognostication that ...

Cable Update (GBPUSD)

compression patterns — Play the smaller tfs while waiting for the daily to show it hand. Dr. D.

Cable Update (GBPUSD)

100 pips — Not bad of a move... all generated off of a 5m / 15m compression pattern. Dr. D.

Low's Journal

nzdchf — Here's the compression patterns forming on the 5m and 15m charts primed for another move. Dr. D.

Low's Journal

filling in the void — This pattern is repeatable and therefore somewhat predictable on any tf. Wherever there is a tight gathering of EMAs producing a nice compression, the PA then often oscillates below and above the cluster before a ...

Cable Update (GBPUSD)

good call — Looks like it's filling in this eliptical bubble and has moved up to those resistance levels you were talking about earlier, (~1.5750) Dr. D. image

Cable Update (GBPUSD)

I can see why. Have you been riding it upward? Short term... down. Long term... ??? Dr. D.

Cable Update (GBPUSD)