Fractals In The Know

Small earthquakes, major bankruptcies, let’s get back to what matters.

In continuation to the CI Moat & The Bear

An outside day takes out the low and the high of the previous day. Both upper and lower fractal.

The one exception to the 10+ pips beat necessary is when the last fractal was an outside day. In this case you may see even less of a beat.

The two daily closes above the S20 flipped the momentum back up temporarily.

The last 3 turns cost back to back / two CAPsize attempts. Shy of the BB so far.

The green NBE is meant to say that it’s ok to sell the No Break Extension level.

///2 closes above 20
   if (iMA(symbol,0,9,0,MODE_SMA, PRICE_CLOSE,i)<E44[i] && Close[i]>iMA(symbol,0,20,0,MODE_SMA, PRICE_CLOSE,i) && Close[i+1]>iMA(symbol,0,20,0,MODE_SMA, PRICE_CLOSE,i+1) && Close[i+2]<iMA(symbol,0,20,0,MODE_SMA, PRICE_CLOSE,i+2)) cap[i]=1;
   

Wherever I lay my fractals, that’s my home.

The idea behind shining dark like a black diamond, Jamie – if you need a friend- is that if a party is eager to make a move they would step in front of the line just at or a little beyond the zero line (a head/hat suspect). I use 17 pips extra as a filter (I promise you I will.).

///fractals in the know
if (iFractals(symbol,0,MODE_UPPER,i) && High[i]<NBEU[i]+170*Point && High[i]>NBEU[i] && NBEU[i]!=EMPTY_VALUE && High[i]>iMA(symbol,0,32,0,MODE_EMA, PRICE_OPEN,i)+50*Point
   && iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,6,i))==iHigh(symbol,0,i) && !(High[i]>iMA(symbol,0,366,0,MODE_EMA, PRICE_MEDIAN,i) && High[i]<iMA(symbol,0,484,0,MODE_EMA, PRICE_MEDIAN,i))
){
   EU[i]=High[i]+60*Point;
}

if (iFractals(symbol,0,MODE_LOWER,i) && Low[i]>NBED[i]-170*Point && Low[i]<NBED[i] && NBED[i]!=EMPTY_VALUE && Low[i]<iMA(symbol,0,32,0,MODE_EMA, PRICE_OPEN,i)-50*Point 
&& iLow(symbol,0,iLowest(symbol,0,MODE_LOW,6,i))==iLow(symbol,0,i)
){
   ED[i]=Low[i]-60*Point;
}

The black diamond has a first target at the middle of the range (green grin) and a second target at the oversold level. Why?

The stage 2 aggression is stepping in at the overbought level of the current range and stage 3 is attacking it at the oversold.

Based on the above, a left shoulder is not a step up, it is a dropped ball, a double start. Penalty for not getting over the point of no return. 40-70% extra beyond the range. The point I’m making here is that I no longer think that an LS is a requirement for a tutn. Often present, but not always.

Home, Rome – what’s the difference?

Wherever I roam, my head gets stepped on.
I’m fine, but I’m just thinking of the blockwurst.

In the know, in the snow – what’s the diffrtence? It will all blow over.

Lovers in the blow. I know, I did not even have to say it. You figured out this one by yourself.

xtension fills

Headed for the next continuation divergence up?
13 pips

Psar-Scared

All those trendlines drawn with high hopes for naught.