Blood Funny

Let’s start with an intellectual joke.

I swear it’s not that complicated. If you rub it on your skin, it makes you live forever.

Eddie, have I told you about my condition?

Yea, the original title would had been Uno Memento.

The dark blue trendline was not the right one:

This green one was.

A couple of curiosities around today’s break: what the 1.0773 level meant for the algos.

  1. overbought neckline of the prior day’s range
Key fractal printed.

2. 2-sd break on the 14-sample RSI – the distance from the fresh high was only 15 pips!

Arrow on the bottom: the hedge level. Arrows on the left: Smart Monero sticking to the Man. Arrow on the top: cover some.

Emerald Yours

Yes, Mr. Archer, a blood diamond is one of the conditions where a pause is very likely.

A blood diamond is a fractal that is at the culmination of 5+ hours of pedal to the metal selling / buying measured by the hourly RSI2.

A key fractal needs less chiseling, 3 hours of max strength is enough and along with the re-visit of this key fractal an impulse top / bottom may be in the making.

Otherwise a 3rd fractal printing outside the S30HL2 based Bollinger Bands is a stall. The end result is always the same: buy / sell a lower high / higher low within 14 pips of the opposite Bollinger Band. Rinse and rinse.

 if (i>1 && iFractals(symbol,0,MODE_UPPER,i) && High[i]>iMA(symbol,0,44,0,MODE_EMA, PRICE_MEDIAN,i)+350*Point && RSI2[i+2]>82 && RSI2[i+1]>96 && (RSI2[i-1]<90  || RSI2[i-2]<90 )) EU[i]=High[i];
        if (i>1 && iFractals(symbol,0,MODE_UPPER,i) && High[i]>iMA(symbol,0,44,0,MODE_EMA, PRICE_MEDIAN,i)+350*Point && RSI2[i+5]>96 && RSI2[i+4]>96 && RSI2[i+3]>96 && RSI2[i+1]>96 && RSI2[i+1]>96 && (RSI2[i-1]<90  || RSI2[i-2]<90 )) EU2[i]=High[i];
        if (i>1 && iFractals(symbol,0,MODE_LOWER,i) && Low[i]<iMA(symbol,0,44,0,MODE_EMA, PRICE_MEDIAN,i)-350*Point && RSI2[i+2]<4 && RSI2[i+1]<4 && (RSI2[i-1]>10 || RSI2[i-2]>10 )) ED[i]=Low[i];
        if (i>1 && iFractals(symbol,0,MODE_LOWER,i) && Low[i]<iMA(symbol,0,44,0,MODE_EMA, PRICE_MEDIAN,i)-350*Point && RSI2[i+5]<4 && RSI2[i+4]<4 && RSI2[i+3]<4 && RSI2[i+2]<4 && RSI2[i+1]<4 && (RSI2[i-1]>10 || RSI2[i-2]>10 )) ED2[i]=Low[i];

///higher low

if (i>1 && Low[i]<Low[i+1] && Low[i]<Low[i-1] 
 && iClose(symbol,0,0)>iMA(symbol,1440,20,0,MODE_EMA, PRICE_CLOSE,0)
      && Low[i]<iBands(symbol,0,30,2,0,PRICE_MEDIAN,MODE_LOWER,i)+140*Point &&  iLow(symbol,0,i)>iLow(symbol,0,iLowest(symbol,0,MODE_LOW,8,i+2))
   ){
      ObjectCreate("VALIyy"+IntegerToString(i), OBJ_TEXT, 0, Time[i], High[i]-50*Point); 
        ObjectSetText("VALIyy"+IntegerToString(i), CharToStr(102), 66, "Wingdings", Black); 
        ObjectCreate("VALIxy"+IntegerToString(i), OBJ_TEXT, 0, Time[i], High[i]-50*Point); 
        ObjectSetText("VALIxy"+IntegerToString(i), CharToStr(102), 56, "Wingdings", Cyan); 
  }

     ///lower high

if (i>1 && High[i]>High[i+1] && High[i]>High[i-1] 
 && iClose(symbol,0,0)<iMA(symbol,1440,20,0,MODE_EMA, PRICE_CLOSE,0)
      && High[i]>iBands(symbol,0,30,2,0,PRICE_MEDIAN,MODE_UPPER,i)-140*Point && iHigh(symbol,0,i)<iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,8,i+2))
   ){
      ObjectCreate("VALIyy"+IntegerToString(i), OBJ_TEXT, 0, Time[i], High[i]-50*Point); 
        ObjectSetText("VALIyy"+IntegerToString(i), CharToStr(248), 66, "Wingdings", Black); 
        ObjectCreate("VALIxy"+IntegerToString(i), OBJ_TEXT, 0, Time[i], High[i]-50*Point); 
        ObjectSetText("VALIxy"+IntegerToString(i), CharToStr(248), 56, "Wingdings", Cyan); 
  }

The definition of the Baer market is unchanged, the Bare lives on until there will be 3 weekly closes above the 55EMA from then on, we’ll be talking of a Krull market. Luckily in Forex up is up and down is down.

////3 closes below E-55
              if (Close[i]<iMA(symbol,0,55,0,MODE_EMA, PRICE_MEDIAN,i) && Close[i+1]<iMA(symbol,0,55,0,MODE_EMA, PRICE_MEDIAN,i+1) && Close[i+2]<iMA(symbol,0,55,0,MODE_EMA, PRICE_MEDIAN,i+2) && High[i+3]>iMA(symbol,0,55,0,MODE_EMA, PRICE_MEDIAN,i+3)   && Close[i+4]>iMA(symbol,0,59,0,MODE_EMA, PRICE_MEDIAN,i+4)    ){
         ObjectCreate("TitusTFxx"+DoubleToStr(i), OBJ_TEXT, 0, Time[i+1], Close[i+1]+290*Point); 
            ObjectSetText("TitusTFxx"+DoubleToStr(i), CharToStr(74), 39, "Wingdings", clrFireBrick);
            ObjectCreate("Claims"+DoubleToStr(i), OBJ_TEXT, 0, Time[i+1],  Close[i+1]+350*Point); 
                      ObjectSetText("Claims"+DoubleToStr(i), "REAR MARKET", 18, "Impact", clrCrimson);
                      Market[i]=-1;

Ever since the Brae market started, this is the first example where a new leg starting does not coincide with a CAP print to the exact day. There is a reason why I add a moratorium field (Must+Number) beyond the CAP itself. Overnight you need to figure in the broker’s 0.2 pips spread being expanded to 20 pips (plus slippage) so they don’t pick up your hedge order by chance of fate.

These two CAPs failed to align the candle color right on the same day, yet the balance of powers was tipped irreversibly.

I swear if DeMark was never born, I still would have used 4-sample higher high / lower low – it’s not that complicated. I have a name for it : Hyperloop.


   ///////4-candle high closing back down 27-pips cover
   
     if (iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,1,i))==iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,4,i)) && Close[i]<iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,2,i))-270*Point

The CAPs don’t show up at random places.

There is some asymmetry is going on currently, the bottom “CAP” lows are further sorted based on the 18-sample stochastic reading, the too oversold ones are not called CAPs.

 if (st18[i]<9.5) { ObjectSetText("Bingo"+IntegerToString(i), "CAP", 26, "Impact", DarkGreen); momentum[i]=1;
         if (st18[ArrayMinimum(st18,10,i+1)]<4.4) {ObjectSetText("Bingo"+IntegerToString(i), "Cos,+90,-DVG", 26, "Impact", LimeGreen); c77[i]=true;
         if (c77[i+1]) {
         ObjectSetText("Bingo"+IntegerToString(i), "C111-os,+175,-DVG", 26, "Impact", LimeGreen); c77[i]=true;}
         }
       }
       if (st18[i]<9.0 && i>0 && Close[i-1]<Open[i-1]) {ObjectSetText("Bingo"+IntegerToString(i), "C77uc", 26, "Impact", LimeGreen); c77[i]=true;
       momentum[i]=-1; momentum[i-1]=-1;

I suppose I would have to split up the upper range in a similar manner once the Hull market would be here.

The way I figure the Embedding on the weekly chart still shows downside embedding VS Ira Epstein.

I’m more interested in the signal line than the duet.

if (iStochastic(symbol,10080,18,3,3,MODE_SMA,0,MODE_SIGNAL,i+2)<24 && iStochastic(symbol,10080,18,3,3,MODE_SMA,0,MODE_SIGNAL,i+1)<24 && iStochastic(symbol,10080,18,3,3,MODE_SMA,0,MODE_SIGNAL,i)<24 ){
 
                     ObjectCreate("Fracabbb"+IntegerToString(i), OBJ_RECTANGLE, 1,  Time[i+1], 24, Time[i], 0);
                     ObjectSetInteger(0,"Fracabbb"+IntegerToString(i),OBJPROP_COLOR,clrSalmon);
                     ObjectSet("Fracabbb"+IntegerToString(i),OBJPROP_BACK,1);
                     ObjectSet("Fracabbb"+IntegerToString(i),OBJPROP_WIDTH,5);   
                     embedded[i]=true;

In Hungaian this one is referred to as The Thinking Man (A gondolkodo ember).

The rodent comes from wasting lives let it be animal or human and investors wealth by blowing up rockets and by ultimately sealing the fate of the stock.