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- nealpek replied May 29, 2014
topbloke, if you look on an hourly chart you will see around 10 am on the 19th price dropped very quickly. that area is supply, the market never forgets, from that drop, no retest has occurred, should at least get near there if not more. theres ...
AUD/USD
- nealpek replied May 29, 2014
can u imagine people stepping into a rigged game, putting their money on the line, and not knowing the rules? welcome to trading....
AUD/USD
- nealpek replied May 29, 2014
i would definitely bet the farm near that daily thick white line...classic demand level, too bad it will take so long to reach
AUD/USD
- nealpek replied May 29, 2014
from around apr 11 on the daily, all the subsequent trading looks like could be a massive reaccumulation. the market will show its hand!!
AUD/USD
- nealpek replied May 29, 2014
from a pure supply and demand perspective the weekly already dinged supply at 9450ish, but has yet to ping demand at 9078ish the daily needs to ping the .9340-50 supply and has a beautiful demand zone at around .8850 level, these are all fresh ...
AUD/USD
- nealpek replied May 29, 2014
its gotta stay above the nfp open of the bar to continue north, the market will tell us its move
AUD/USD
- nealpek replied May 29, 2014
that may 20th red bar is holding up nicely,now we're on to markup phase, or so it looks,lots of untested supply above around low 93's like 9313ish here we go..
AUD/USD
- nealpek replied May 29, 2014
hey Ken, people say your a pro,do you have any formal training?
AUD/USD
- nealpek replied May 29, 2014
never shoot anyone down for being wrong. after all this is trading. only question the reason you entered the trade! i'm wrong too, many times for small losses, but i'm also right for large gains because of what i see on the chart, minus my opinions ...
AUD/USD
- nealpek replied May 29, 2014
if you think the markets are fair and true, perhaps i could sell you a multidimensional hypervolume of resource axis partitioning! they didn't go on the pinbar, they created the pinbar...wait for it people...its getting interesting!!! wink thingy
AUD/USD
- nealpek replied May 29, 2014
the largest big red down candle on your chart on may 20 is the beginning of accumulation for the cycle, its just been retested
AUD/USD