Concept Hall

And I wonder who you are, and I wonder what you want.

The concept of grasping a concept.

Concept #1

A parabolic market is targeting the W3 close end to mid point. Parabolic = 14 out of the last 16 candles closed below on the 30-minute 30-sample SMA.

W3 is the orange box, 3-day ATR measured from the last consilolidation mean plus 10-30%.

Concept #2

The Money flow droop works like this: if the highighted reversal zone gets exceeded, that means the arrival of new money after the measuring leg was settled, i.e.: go 2x short at 1.0984, cover most of the holdings at 1.0948.

Concept #3

A powder box (4H) is a potential reversal zone. The shaded one ranks higher, as it is outside the 100-pip displacement.

The 14x candle count has started and the market has to now prove upside volatility.

I would expect to find resistance stating 62.5 pips up from the lowest low in this move / at the Upper Guard Rail / starting the upper 30-sample Bollinger Band, and continue lower from there.

The market is closing on the lows today. I was trading longs only all day, and this turned out to be not a problem to post a normal daily average. I am 6:5 long to short here.

This is a tremendous song>