rewand » Wed Oct 12, 2016 2:05 pm wrote:

mtl » Wed Oct 12, 2016 6:58 pm wrote:
Show me the pattern, show me

Just flip back few pages, CJ commented on them too. But factor in today's moves too. Also, I do not know where it goes from now on. Consider to sleep on it and see what the Asian session does with today's move. You may find the answer tomorrow morning if you happen to be in Europe.

esad44 » Wed Oct 12, 2016 3:34 pm wrote:

rewand » Wed Oct 12, 2016 2:05 pm wrote:

mtl » Wed Oct 12, 2016 6:58 pm wrote:
Show me the pattern, show me

Just flip back few pages, CJ commented on them too. But factor in today's moves too. Also, I do not know where it goes from now on. Consider to sleep on it and see what the Asian session does with today's move. You may find the answer tomorrow morning if you happen to be in Europe.

The move from 103.65s up was executed to trap the shorts accumulated yesterday as most were hoping for an easy and straightforward move lower (sort of repetition of Tue). Around low 104s they have triggered breakout longs supported by the puking shorts. Now all these longs are trapped and sweating.
Like CJ mentioned UJ moved up without any serious retrace. With many longs trapped now I would not be surprised to see the move lower cap the successful week. The fox can only make money when the market turns 180, otherwise the accumulated shorts are of no use to him.

Any other ideas?

Captain Jack » Wed Oct 12, 2016 9:35 pm wrote:The intended path for USDJPY was posted as such and note it's shape:


This is what we had this morning:



This is part of the map generated for DFC Advanced members:


And then we get this:


So what happened?

Captain Jack » Wed Oct 12, 2016 9:56 pm wrote:There was not enough volume trapped, perhaps the lies told till then were not sufficient to fill the book with the orders desired. Perhaps there were too many short positions. Perhaps there were a lot of buy stops in that area that were hit to fill their books... whatever reason, they used the "news" release to cover the push higher, EVEN though the negative news should have sent it lower. Pure manipulation for their profit.

Now look at this:

If you go back to where we were this morning and "remove" the manipulation of news spike:


Impose it on the chart, at the location we were this morning, just before the news hit:


Do you "see"? Look at the shape and location of the predicated path...do you "see"?

Do yo understand the level of deception that is used against all of us? If you don't or you don't understand then you really should not be trading these markets.

-CJ-

Captain Jack » Wed Oct 12, 2016 10:16 pm wrote:Do you "see" what they do AT WILL, ANY TIME THEY WISH? They will move price to favor their position, no matter what was "supposed" to happen, and then what was supposed to happen, will happen.

By then, you have been defeated,, lost money, stopped out, trapped long with stomach problems. You would have given up, tucked tail and limped away...

This is what they do, this is how they make their living.

THIS IS WHY YOU ARE PATIENT, LET THEM SHOW THEIR HAND, THEN MAKE YOUR MOVE. DO NOT TRY AND GET IN EARLY BECAUSE YOU HAVE THE EDGE....THEY ALONE HAVE THE EDGE. YOU WAIT FOR THEM TO SET THE DINNER TABLE AND THEN YOU JOIN THEM FOR THE FEAST. SHOW UP EARLY, GO HOME HUNGRY.

If you expect price to travel from point A to point B, to enter a trade at point b, why would you not enter a trade in the direction towards point b? Take what they offer and don't give it back, they don't need it.

Had you done that this morning, you would have feasted well!

You better learn, or you'll bleed your accounts dry.


-CJ-

fiox » Wed Oct 12, 2016 5:26 pm wrote:Invaluable lesson. Thanks CJ