Quick Schuh

“Another shoe to drop”.

One of the main reasons why the 30-minute chart is supreme: the craftsmanship of the RSI2.

Soap Box Opera

Shoes come in pairs. They belong. To be long, you can go in when the second shoe has fallen. Particularly above the 9-day EMA (solid soap box).

Examples for One Pair of Shoes, you’re good to run.

The exit is 8+ pips beyond the 30BB.

The hollowed-out box is a dip below the 9-day EMA (E-414 on 30-minute). An out-of-sequence misstep.

As a second shoe, it can cater for up to 2 legs up (2 or 3 hollow red boxes), but it should only be taken seriously after some quick thinking at the 120BB.

Now we have a move back up to a previous POC 11 hours before the Rate Cut.

The one example I found where the blue & black combo appeared (without a color arrow prior) was a reflex move back to S120. This one just tagged the S240. My bet here is a move back down to the BB120, then S120 again.

Admittedly, I have no proof of the direction turning back down again; it’s just the analog. Buying seems to be embedded still at the moment.

if (RSI2[i+1]<6 && RSI2[i]>6){ 
     ObjectCreate("KAROLYII"+IntegerToString(i), OBJ_RECTANGLE, 1, Time[i+2], 6, Time[i], 0);
     ObjectSetInteger(0,"KAROLYII"+IntegerToString(i),OBJPROP_COLOR,clrGreen);
     ObjectSetInteger(0,"KAROLYII"+IntegerToString(i),OBJPROP_WIDTH,3);      
     if (Close[i+1]<iMA(symbol,0,414,0,MODE_EMA,PRICE_MEDIAN,i+1)) ObjectSetInteger(0,"KAROLYII"+IntegerToString(i),OBJPROP_BACK,0);
  }
 
 if (RSI2[i+1]>94 && RSI2[i]<94){ 
     ObjectCreate("KAROLYII"+IntegerToString(i), OBJ_RECTANGLE, 1, Time[i+2], 94, Time[i], 100);
     ObjectSetInteger(0,"KAROLYII"+IntegerToString(i),OBJPROP_COLOR,clrRed);
     ObjectSetInteger(0,"KAROLYII"+IntegerToString(i),OBJPROP_WIDTH,3);      
     if (Close[i+1]>iMA(symbol,0,414,0,MODE_EMA,PRICE_MEDIAN,i+1)) ObjectSetInteger(0,"KAROLYII"+IntegerToString(i),OBJPROP_BACK,0);
  }

Also, my thinking is that there should be a 3rd “3X OUT” print, which is the price going outside all 3 Bollinger Bands before bottoming.


I call my daughter “Sús” at times.

It was carried over from when she used to become overtly excited if we were to go somewhere, and we told her, “Shoes!”

“Sussh, sussh!” she said back with getting busy putting them on.