• EURUSD,M30
M30
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sickie
sickie it is supply and demand zones analysis; ie tight ranging(ballance), followed by refusing go to one direction(growing of imballance), followed by breakout to opposite direction(reballancing). Upper range of buy box is starting right under two short rejections - u can tell there is gonna be some liquidity, ie stoplosses, limit buys from yesterday that has not been triggered yet, This give me clue, that supply will be weakened in here, giving good probs of either turn up or correction ending on BE(after new supply zone is created to fuel in what has been depleted at Buy zone)
Nov 01 2012 at 07:58
sickie
sickie i think you could compare widht of the zone to the braking trace - more distance u need to stop means less confidence in actually stopping on time :)
Nov 01 2012 at 08:12
James_Bond
James_Bond Do the width of the buy/sell boxes have anything to do with their strength? IE the sell box is much larger, so you think that is more likely to happen?
Oct 31 2012 at 15:22
James_Bond
James_Bond It is possible we have a trend reversal here, although I'm more biased downwards
Oct 31 2012 at 15:21
James_Bond
James_Bond Any explanation for your analysis?
Oct 31 2012 at 15:20
   
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