In your opinion lock considering a down movment where could be good to position a stop loss and where it could be good the TP. The second one is harder

Lock's Cable Corner

Hello to everyone Next week it is possible that the market will take a clear direction

Cable Update (GBPUSD)

Hello to everyone Next week it is possible that the market will take a clear direction

Lock's Cable Corner

Now if the Pit session doesn't arrive at the bottom of yesterday pit there could an island days and the trend down is very possible. Am I correct?

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Ok, it the same used by Dalton. I mean in Mt4 but i do not think it will possible

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Lock, a MP used for FX that has also CTi is available or for this kind of market it doesn't exist? Thank you

Lock's Cable Corner

The euro session is non trend infact in few hours there will ECB press conference and MBR. C is at the minum of euro session of yesterday. We have US gap up and down. Down we have poor lows of Tokyo and GB session of 18.10. Instead UP we have ...

Lock's Cable Corner

THe GB close of yesterday (J) was in 2256, why do you say 2308?

Lock's Cable Corner

What do you think about to insert a Sell order with EP, SL, TP indicated by arrows ? C (pit) TPO crushed just below the gap and down 2040-2035 we have poor lows. Today trend is up but we have a strong gap up just above and the general trend is down.

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Thank you, Regards L

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Thank you

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Ciao Lock, a question...what tool do you use to indicate a line per each level of interest? I mean: TokyoUp 2015.10-14 .PH???. ecc ecc US PIT High 2016 Now I write and I draw line but in this way I will became a new Picasso and not a trader ...

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He is very skilled and good to explain every reason behind his decision !!!

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Why do you say " TAG of Tokyo high is very weak 2261 (ok it is clear) . And this is clearly liquidation of GB weak short covering for now" ? if it would have reached 2270 what would that means?

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Yeah my same view. In fact to support this view I can say that at 2304 there is the 1^ daily PP as resistence and at 2440 there is the 3^ daily resistence. If the first us GAP moving is broken we can test around 2450. I do not think the price will ...

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In the case the pit session will open above 2272 and the IB will not overcome down 2272 what will your TP ?

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Yep yep. For today I am out, there will be yellen speech and this is a roulette

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Right now there is the classic P profile that means that the UP movement is meeting some "issue". Considering that for now the (london) VA of today is higher of yesterday and there is a big responsive buy tail in B period and the high of tokyo (CD) ...

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is this due by scalpers ?

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I was trying +TPO-range !!! Amusing, simple, fast and very helpfull. Thank you

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