Pop Goes The Reason

Geotical private-tension intetest-debate Mikhail Floomberzs climate-taper socio-physical-psycho tantrum-punktum. Take a rate hike, who cares?

To take away the edge of the upcoming recession, every country is in need of deficit spending, aka war – is all.

Can we all agree on the fact that smart money went short on the 17th of February and defended their holdings viciously 2 trading days later, on the 21st?

Can we also agree that yesterday did not close back up 27 pips+, hinting a coming capitulation move?

if (iClose(symbol,1440,1)<iLow(symbol,1440,1)+270*Point){
               deletetxt1("GELI");
              ObjectCreate("GELI",OBJ_LABEL,indicator_window, 0,0);
              ObjectSetText("GELI","Yest Did Not Close Back Up by 27 pips!!!",21,"Arial Black");
              ObjectSet("GELI",OBJPROP_CORNER,1);
              ObjectSet("GELI",OBJPROP_XDISTANCE,20);
              ObjectSet("GELI",OBJPROP_YDISTANCE,7);
              ObjectSet("GELI",OBJPROP_COLOR,clrCrimson);
}

if (iClose(symbol,1440,1)>iHigh(symbol,1440,1)-270*Point){
               deletetxt1("GELI");
              ObjectCreate("GELI",OBJ_LABEL,indicator_window, 0,0);
              ObjectSetText("GELI","Yest Did Not Close Back Down by 27 pips!!!",21,"Arial Black");
              ObjectSet("GELI",OBJPROP_CORNER,1);
              ObjectSet("GELI",OBJPROP_XDISTANCE,20);
              ObjectSet("GELI",OBJPROP_YDISTANCE,7);
              ObjectSet("GELI",OBJPROP_COLOR,clrGreen);
}

Nothing has changed. The Dollar was given the casus belli to print that right shoulder already (that got upgraded to a beat with a reversal-divergence).

There were two closes outside the swing of things, Dollar buying ensued. Eur/Usd is nowhere near embedding.

At first nobody wanted to buy Dollars, now there’s a war going on somewhere and the greenback becomes… simply irresistible. I suspect a sucker-trap.

The next step is to lay down definitions and guidelines for trading a trending market.

Trending market: more than 1 close outside the shadow line of E44

Figure a

Play: fade 1st return to the interaction line (E8-o), measure a target field from the first F8 fractal: 30pips out (in a not embedded market), if the E8-o does not let go for more than 2 hours after re-connecting (figure a); if price closes away from the E8-o for the second hour after the re-connect, go back in the direction for an additional 70 pips (figure b)

Figure b, 1.1205 is a plausible zero to return to

Play 2: fade first return to E-32, target the resistance near the low/high

What do you buy come next week after a push without embedding? It was relayed in the Neverending Embedding #2.

The Window Envelope is at 1.1097.

I’m pretty sure, this Monday is going to be a mean one.