BAR REPLAY - 01JUL16

BIG PICTURE

• PRICES ARE IN UP TREND FOR THE PAST 7 DAYS.
• PREVIOUS DAY DAILY CANDLE IS IN RALLY MODE AND WAS A COMPLETE GAP-UP DAY YESTERDAY.

TRADING DAY

• 10:05 - LONG TRADE AT BPB OF RN 8350. E-8365. ISL-8347.
• 10:50 - ISL2 AT 8356.
• 11:06 - 1 HOUR INTO THE TRADE IT IS STILL NEAR ENTRY.
• 11:42 - SCRATCH TRADE AT 8360. POINTS -5
• 12:15 - BOF AT RL. GOING LONG BO OF DH. E-8375. ISL-8355.
• 12:33 - ISL2 AT 8362.
• 12:43 - ISL HIT. POINTS -13

BAR REPLAY - 30JUN16

BIG PICTURE

• OVERALL TREND IS UP. PRICES HAVE BEEN IN UPTREND FOR THE PAST 7 DAYS.
• PREVIOUS DAY DAILY CANDLE IS IN RALLY MODE.

TRADING DAY

• 09:33: LONG TRADE AT BPB ABOVE RN. E-8270.ISL-8254.
• 10:05 - ISL2 AT 8261.
• 10:46 - ISL2 HIT. POINTS -9
• 12:17 -LONG TRADE AT BOF OF RN 8250. E-8255. ISL-8240
• 12:32 - SCRATCHING TRADE. POINTS +0
• 15:01 - SHORT TRADE AT CPB AT BRN 8300. E-8293. ISL-8305.
• 15:22 - TP AT 8290. POINTS +3

BAR REPLAY - 29JUN16

BIG PICTURE

• PRICES HAVE BEEN IN 8100-8300 RANGE FOR MOST PART OF THE MONTH. 8100 WAS BREACHED ON DOWNSIDE OVER LAST FEW DAYS AND NOW PRICES HAVE COME BACK INTO 8100-8300 RANGE.
• PREVIOUS DAY DAILY CANDLE IS IN RALLY MODE.

TRADING DAY

• 09:22 - PRICES OPENED ABOVE PDH AND ARE GOING UP. TO GO LONG ABOVE DH.
• 09:38 - TRADE FILLED. E-8176. ISL-8163.
• 10:05 - ISL MOVED TO 8173.
• 10:24 - TSL1 AT 8180.
• 10:34 - TSL HIT. +4
• 11:21 - PRICES HAVE COME TO DO AFTER 2 HOURS, COUL THERE BE A BIG MOVE? TO GO LONG ABOVE HIGH OF REJECTION CANDLE. SHORT MOVE LOOKS LOW PROBABILITY AS PDH AND RN 8150(FLIP) ARE CLOSE BY.
• 11:24 - LONG TRADE FILLED. E-8167. ISL-8156.
• 12:02- AIMING FOR TP AT 8185. TSL1 AT 8170. 
• 12:20 - CLEAR UP TREND IN PLACE. TSL2 AT 8175.
• 12:32 - SL HIT. POINTS +8
• 13:41 - TO GO SHORT AT BOF OF DH AND RH.
• 13:55 - SHORT TRADE FILLED. E-8183. ISL-8193
• 14:10 - ISL HIT. POINTS  -10

BAR REPLAY - 28JUN16

BIG PICTURE

• OVERALL TREND IS UP. FOR THE PAST 2 DAYS PRICES HAVE GAPPED DOWN FROM EARLIER RANGE 8100-8300, HAVE TAKEN SUPPORT AT 7950-8000 AND ARE TRADING NEAR 8100.
• PREVIOUS DAY DAILY CANDLE IS IN RALLY MODE.
• PDC BRN ACTING AS FLIP. 
• HIGH PROBABABILITY LONG TRADES - ABOVE PDH, RN
• HIGH PROBABILITY SHORT TRADES - BELOW PDL, RN.

TRADING DAY

• NO TRADES FOR THE DAY. WANTED TO ENTER LONG AT PDH AT 12 PM. THERE WAS NO CLEAR BPB TRADE. DIDNT WANT TO GO FOR BO DUE TO LOW VOLUMES. WANTED TO GO LONG AT RN ABOVE DH, BUT PRICES REVERSED FROM THERE. POINTS +0

BAR REPLAY - 24JUN16

BIG PICTURE

• PRICES ARE IN 8100-8300 DURING THE PAST 20 DAYS. PRICES HAVE TAKEN STRONG SUPPORT AT 8100 AND HAVE MOVED TOWARDS RANGE HIGH 8300 IN THE LAST 10 DAYS.
• PREVIOUS DAY DAILY CANDLE IS IN RALLY MODE. OVERALL BIAS IS UP.

TRADING DAY

• 10:02 - SHORT BELOW BRN 8000. TRADE FILLED. E-7972. ISL-8008.
• 11:17 - SL MOVED TO 7985.
• 12:30 - SL MOVED TO 7954.
• 12:33 - SL HIT. POINTS +18
• 13:17 - BPB LONG TRADE ABOVE RN 8000. E-8020. ISL-7996.
• 13:49 - PRICES APPROACHING RN 8050. TO GO FOR TP.
• 13:57 - TP AT 8060. POINTS +40

BAR REPLAY - 23JUN16

BIG PICTURE

• OVERALL TREND IS UP. PRICES ARE IN 8100-8300 POINT RANGE FOR THE PAST 20 DAYS.
• PREVIOUS DAY DAILY CANDLE IS IN DECLINE MODE. 8250 HAS ACTED AS RESISTANCE FOR THE PAST 3 DAYS.

TRADING DAY

• 12:34 - PRICES WERE TRADING IN 15 POINT RANGE ALL MORNING. PRICES NOW BREAKING OUT OF RH. TO ATTEMPT BO TRADE AT DH.
• 12:36 - TRADE FILLED. E-8221. ISL-8204.
• 12:53 - SL MOVED TO 8232.
• 13:00 - SL HIT. POINTS +11.

BAR REPLAY - 22JUN16

BIG PICTURE

• PRICES IN 8100-8300 RANGE FOR THE PAST 20 ODD DAYS. OVERALL TREND IS UP.
• PREVIOUS DAY DAILY CANDLE IS IN DECLINE MODE. AFTER TAKING SUPPORT AT 8100 AND MOVING IN A TYPE 1 TREND FASHION, PRICES HAVE CONSOLIDATED DURING THE PREVIOUS DAY. THIS IS PAUSE BEFORE UP MOVE IS RESUMED?

TRADING DAY

• 09:30 - PRICES OPENED NEAR PDC AND IS TRADING WITHIN PREVIOUS DAY'S RANGE. PRICES HAVE REMAINED IN 15 POINT RANGE SINCE PREV DAY 10 AM. TO GO LONG AT TST OF RL.
• 09:34 - TRADE FILLED. E- 8225, ISL - 8218.
• 09:46 - PRICES BROKE OUT OF RH. MOVING SL TO 8227.
• 09:58 - REJECTION OF PRICES AT RN.
• 10:03- MOVING SL TO 8240.
• 10:06 - TSL HIT. POINTS +15
• 11:51 - GOING LONG AT TST  OF PDC.
• 11:54-TRADE FILLED. E-8223, ISL-8219
• 12:05- ISL HIT. POINTS -4

BAR REPLAY - 21JUN16

BIG PICTURE

• OVERALL TREND IS UP. PRICES ARE IN 8100 - 8300 RANGE FOR THE PAST 20 DAYS. 
• PREVIOUS DAY DAILY CANDLE IS IN RALLY MODE. IT WAS TYPE 1 TREND DAY, SO CONSOLIDATION COMING TODAY?

TRADING DAY

• 09:57 - PRICES OPENED AT RN, PDC AND BROKE DOWN FROM FLIP 8225. TO GO BOF SHORT.
• 10:00 - TRADE FILLED. E-8217. ISL-8234.
• 10:15 - ISL HIT. POINTS  -17.
• 12:42 - ENTERED SHORT. E-8215. ISL-8227.
• 12:51 - ISL HIT. POINTS  -12.

BAR REPLAY - 20JUN16

BIG PICTURE

• OVERALL TREND IS UP. PRICES HAVE BEEN RANGING BETWEEN 8100 AND 8200 FOR THE PAST 5 TRADING DAYS. 8150 IS ACTING AS FLIP. 8100 HAS HELD AS STRONG SUPPORT.
• PREVIOUS DAY DAILY CANDLE IS IN DECLINE MODE. 

TRADING DAY

• 09:43 - PRICES OPENED BELOW PDL AND NEAR BRN 8100 AND WENT UP SHARPLY ABOVE PDL, RN AND PDC. BIAS IS BULLISH. TO GO LONG ABOVE 8184 AT PREVIOUS DAY'S LAST IMPULSE HIGH.
• 09:49 - TRADE FILLED. E- 8184. ISL-8164. TP-?
• 10:00 - SL MOVED TO 8195.
• 10:22 - PRICES HAVE ALREADY TRAVELED 100 POINTS AND HAVE HALTED AT PAST S/R 8220. TP AT BRN 8200.
• 10:43 - TRADE CLOSED. POINTS- +16
• 11:44 - BUYERS ARE GAINING MOMENTUM AGAIN, PRICES CLOSED ABOVE PDH AND VOLUMES ARE GAINING. TO GO LONG BPB OF PDH.
• 11:52 - TRADE FILLED. E-8224, ISL-8210.
• 12:14 - MOVING ISL TO 8216.
• 12:31 - MOVING ISL NEAR ENTRY POINT AT 8223.
• 13:18 - TP AT MSP LOW 8234. POINTS-+10
• 14:30 - PRICES CLOSED ABOVE RN AND DH AND VOLUMES ARE GAINING. TO GO LONG ABOVE BO CANDLE HIGH & DH AT 8260 .
• 14:38 - TRADE FILLED. E-8260. ISL-8246.
• 14:58 - ISL HIT. POINTS -14

BAR REPLAY - 17JUN16

BIG PICTURE

• OVERALL TREND IS UP. PRICES HAVE BEEN IN 200 POINT RANGE FOR THE LAST 20 DAYS. CURRENTLY PRICES HAVE TAKEN SUPPORT AT BRN 8100 AND ARE ABOVE RN 8150 WHICH IS ACTING AS A FLIP.
• PREVIOUS DAY DAILY CANDLE IS IN DECLINE MODE. HOWEVER, IT TOOK SUPPORT AT BRN 8100.

TRADING DAY

• 09:30 - PRICES OPENED AT BRN 8200 AND HAS TESTED PAST S/R. TO GO LONG IF PRICES ARE ACCEPTED ABOVE  8200. SHORT TRADE BELOW BRN PDH LOOKS TO BE LOW PROBABILITY AS 8200 TO 8150 HAS BEEN CONGESTION ZONE FOR THE PAST 20 DAYS.
• 12:12 - PRICES ARE IN 20 POINT RANGE FOR 2.5 HOURS NOW.
• 12:25 - PRICES BROKE DOWN OF DAY'S RANGE, WAITING TO SEE HOW PRICES BEHAVE AT RN 8150.
• 13:56 - UP-SIDE IS CAPPED AT BRN AND DO. SELLERS DO NOT HAVE ENOUGH MOMENTUM TO TAKE PRICES IN THE OTHER DIRECTION.
• 15:30 - NO TRADES FOR THE DAY. 

BAR REPLAY - 16JUN16

BIG PICTURE

• OVERALL TREND IS UP. PRICES HAVE BEEN RANGING BETWEEN 8100 AND 8300 FOR THE PAST 20 DAYS. CURRENTLY PRICES HAVE TAKEN SUPPORT AT 8100 AND ARE GOING UP.
• PREVIOUS DAY DAILY CANDLE IS IN RALLY MODE.

TRADING DAY

• 09:18 - PRICES OPENED NEAR PAST S/R 8170 AND CLOSED BELOW. TO WAIT UNTIL PRICES REACH RN 8150 BEFORE TAKING SHORT TRADE.
• 09:35 - PRICES CLOSED BELOW RN. TO GO SHORT AT 8139.
• 09:49 - PRICES REVERSED. TRADE NOT FILLED. WAITING FOR BEHAVIOUR OF PRICES AT PAST S/R 8170.
• 10:16 - PRICES BROKE DOWN FROM RN. BIAS IS CLEARLY DOWN. TO WAIT UNTIL PRICES REACH PAST S/R 8090.
• 12:34 - PRICES HAVE BEEN TRADING IN 20 POINT RANGE FOR 1.5 HOURS. LOOKS LIKE DOWNSIDE IS CAPPED AT PAST S/R 8090. TO ATTEMPT BO TRADE  ABOVE RL.
• 12:41 - TRADE FILLED. E-8111. ISL-8092.
• 13:05 - SL MOVED NEAR ENTRY POINT 8106.
• 13:28 - TP AT 8140. MOVING SL TO 8114.
• 13:50 - TP HIT.

BAR REPLAY - 15JUN16

BIG PICTURE

• THOUGH OVERALL TREND IS UP, PRICES HAVE BEEN RANGING SINCE LAST 20 DAYS.
• PREVIOUS DAY DAILY CANDLE IS IN DECLINE MODE. BRN 8100 IS ACTING AS SUPPORT.

TRADING DAY

• 09:20 - PRICE OPENED BELOW PDC,PDH AND FORMED 40 POINT MC AND HAVE CLOSED ABOVE RN 8150 WHICH HAS BEEN ACTING AS RESISTANCE FOR SEVERAL DAYS. TO GO LONG ABOVE BPB. IF PRICES ARE REJECTED, THEN TO WAIT UNTIL PDH, PDC ARE TAKEN OUT BEFORE GOING SHORT.
• 10:19 - ASCENDING TRIANGLE PATTERN HAS FORMED. TO GO LONG ABOVE CPB HIGH.
• 11:09 - PRICES WERE STRONGLY RESISTED AT RN. WAITING UNTIL PDH, PDC IS TAKEN OUT TO GO SHORT.
• 11:42 - PRICES IN 15 POINT RANGE FOR 2 HOURS NOW.
• 12:15 - PRICES HAVE PIERCED RN 8150. TO GO LONG ABOVE BPB AT RANGE HIGH.
• 12:23 - TRADE FILLED.E-8151. ISL-8134.
• 12:40 - MOVING SL TO 8147.
• 13:07 - MOVING SL TO 8154.
• 13:28 - TRADE NOT MOVING IN FAVOUR. TO SCRATCH WITHIN 5-10 MINUTES.
• 13:40 - MOVING SL TO 8159.
• 13:48 - TRADE CLOSED.

BAR REPLAY - 14JUN16

BIG PICTURE

• THOUGH OVERALL TREND IS UP, PRICES HAVE BEEN ON DECLINE FOR LAST 5 TRADING DAYS AFTER BEING RESISTED AT BRN 8300.
• PREVIOUS DAY DAILY CANDLE IS IN RALLY MODE BUT ENTIRE RANGE LIES BELOW THAT OF PREVIOUS DAY. 

TRADING DAY

• 09:46 - PRICES OPENED AT PDC AND ARE MOVING DOWN TOWARDS BRN. BIAS IS DOWN. 
• 12:32 - PRICES WERE IN 10 POINT RANGE FOR 2 HOURS AND ARE NOW BREAKING DOWN. BRN 8100 IS CLOSE, SO WILL WAIT BEFORE GOING SHORT.
• 12:43 - PULLBACK FORMED AT BRN 8100. GOING SHORT BELOW BO CANDLE LOW.
• 13:09 - TRADE DIDNT GET FILLED.
• 13:27 - PRICES BREAKING OUT OF BRN. GOING SHORT. E-8098. ISL-8107.
• 13:40 - ISL HIT
• 14:37 - BOF OF BRN TRADE ENTERED. E-8096. ISL-8106.
• 14:48 - ISL HIT.

BAR REPLAY - 13JUN16

BIG PICTURE

• TREND IS UP. PRICES HAVE BEEN IN 120 POINT RANGE FOR LAST 10 DAYS. PRICES HAVE BARB WIRED AROUND NEAREST BRN 8200.
• PREVIOUS DAY DAILY CANDLE IS IN DECLINE MODE. 

TRADING DAY

• 10:27 - PRICES OPENED BELOW PDL AND ARE TRADING IN NARROW RANGE NEAR BRN 8100. SINCE BIAS IS DOWN LOOKING TO GO SHORT ONCE PRICES ARE ACCEPTED BELOW IRL AND BRN 8100.
• 11:09 - PRICES BROKE OUT OF IRL. PLACING SHORT TRADE AT 8100.
• 11:15 - TRADE FILLED. E-8100. ISL-8117.
• 11:56 - MOVING SL TO ENTRY POINT.
• 12:20 - TP AT 8092.
• 12:59 - PRICES HAVE REVERSED. IRL IS ACTING AS FLIP. PRICES ACCEPTED ABOVE THIS FLIP AND ARE NOW ABOVE DO. BIAS HAS CHANGED TO UP. TO GO LONG ABOVE DO CANDLE HIGH.
• 13:32 - BOF FORMED AT DO, BUT IRL FLIP IS STILL HOLDING.
• 13:36 - LONG TRADE AT DO CANDLE HIGH. E-8130. ISL-8110.
• 14:23 - MOVING SL TO MSP.
• 14:41 - ISL2 HIT.

BAR REPLAY - 10JUN16

BIG PICTURE

• PRICES HAVE BEEN IN RANGE FOR LAST 10 TRADING DAYS. OVERALL TREND IS UP. PRICES ARE BEING RESISTED AT BRN 8300.
• PREVIOUS DAY DAILY CANDLE IS IN DECLINE MODE.

TRADING DAY

• 10:02 - PRICES OPENED AT PDL AND HAS BEEN TRADING BETWEEN PDC AND PDL. OPENING BAR IS A MC. IF PRICES ARE ACCEPTED BELOW PDL, THERE IS SPACE FOR 30 POINT MOVE UNTIL PREVIOUS RANGE LOW.
• 11"06 - PRICES WENT UP SHARPLY AND ARE AT PDH. WAS NOT PLANNING TO GO LONG AS BIAS WAS DOWN. NOW BIAS CHANGES TO LONG.
• 11:21 - PRICES RESISTED AT PDH AND BRN. TO GO SHORT BPB OF PDH AT 8270.
• 11:30 - TRADE FILLED. E-8270, ISL-8291. TP-RN 8250.
• 11:51 - MOVING SL TO MSP 8276.
• 12:36 - MOVING SL TO 8265.
• 12:46 - MOVING SL TO RN 8251.
• 12:58 - MOVING SL TO 8231 NEAR PDC.
• 13:01 - TP AT BRN 8200.
• 13:05 - CLOSED TRADE.

  

BAR REPLAY - 08JUN16

BIG PICTURE

• TREND IS UP. PRICES HAVE BROKEN OUT OF PREVIOUS RANGE OF 3 DAYS AND ARE TRADING BETWEEN 8270-8320

• PREVIOUS DAY DAILY CANDLE IS IN RALLY MODE.

TRADING DAY

• 10:02 – PRICES HAVE BEEN TRADING WITHIN LAST TRADING IMPULSE OF PREVIOUS DAY. NOT LOOKING FOR LONG TRADES UNLESS PDH IS BROKEN. LOOKS LIKE SHORT TRADES HAVE MORE PROBABILITY IF PRICES ARE ACCEPTED BELOW PAST RESISTANCE 8270.
• 12:42 – DO AND PDC ARE NOT RELEVANT DPS AS PRICES ARE ZIG-ZAGGING THROUGH THEM. CURRENT RANGE IS 8270 TO BRN 8300.
• 14:23 – PRICES BROKE DOWN THROUGH PAST LEVEL 8270. TO GO SHORT IF PRICES ACCEPTED BELOW OR LONG IF ACCEPTED ABOVE THE BO CANDLE.
• 14:42 – LONG TRADE FILLED. E-8280, ISL-8268.
• 14:58 – PRICES CAME BACK THROUGH ENTRY LEVEL. SCRATCHING TRADE.

BAR REPLAY - 07JUN16

BIG PICTURE

• PREVIOUS DAY DAILY CANDLE IS IN DECLINE MODE. PRICES HAVE TESTED RECENT HIGH RN 8250 AND ARE RESTING THERE.
• PRICES HAVE BEEN IN 100 POINT RANGE FOR PAST 7 DAYS. 

TRADING DAY

• 09:56 - PRICES OPENED ABOVE PDH, COULD NOT SUSTAIN AND HAVE SINCE BROKEN DOWN FROM PDH, BRN AND FORMING PULLBACK. TO GO SHORT BPB AT THIS LEVEL.
• 10:21 - TRADE NOT FILLED. PRICES REVERSED BACK ABOVE BRN.
• 11:43 - PRICES HAVE PIERCED DO AND HAVE FORMED PULLBACK. TO GO LONG ABOVE BO CANDLE HIGH.
• 12:18 - TRADE NOT FILLED. 
• 12:35 - PRICES BROKE OUT OF DO AND FORMING PULLBACK. TO GO LONG AT BPB OF DO ABOVE BO CANDLE HIGH.
• 12:36 - TRADE FILLED. E-8280, ISL - 8267. TP - 8300.
• 12:48 -  TP HIT.
• 14:18 - PRICES TESTED DH THRICE AND WERE NOT ACCEPTED ABOVE. PRICES HAVE NOW CLOSED BELOW BRN. TO GO BPB SHORT AND AIM TO RIDE THE FLUID UNTIL DO.
• 14:20 - TRADE FILLED. E - 8295. ISL - 8310, TP - 8270.
• 14:40 - WAS LUCKY. ISL ALMOST GOT HIT. NOW PRICES ARE NEAR TP.
• 14:46 - TP HIT.

NOTE: In hindsight, it looks like the correct location for 2nd trade was BOF of DH.

BAR REPLAY - 06JUN16

BIG PICTURE

• TREND IS UP. PRICES HAVE BROKEN OUT OF NARROW RANGE OF 3-4 DAYS.
• PREVIOUS DAY DAILY CANDLE IS IN DECLINE MODE. IT HAS BROKEN OUT OF RESISTANCE 8225. 

TRADING DAY

• 09:31 - PRICES OPENED BELOW RN AND PIERCED THROUGH THAT LEVEL AND IS FORMING PULLBACK. WILL GO LONG ABOVE BREAKOUT RANGE AND AIM TO RIDE TILL PDH. THIS SHOULD BE GOOD PROBABLITY CONSIDERING RN HAS ACTED AS FLIP THE PREVIOUS DAY.
• 09:52 - TRADE NOT FILLED. 
• 10:13 - PRICES ARE MOVING IN CHANNEL AND BIAS IS DOWN. THEY MAY BARB WIRE AROUND PDC/PAST LEVEL 8225.
• 13:30 - PRICES HAVE CLOSED ABOVE DAY'S RH WHICH IS RN 8250 AND PULLBACK HAS FORMED. TO GO LONG AT BREAK OF CP HIGH. ELSE TO GO SHORT OF CP LOW.
• 13:34 - SHORT TRADE FILLED. E - 8245. ISL - 8252. TP - 8235.
• 14:01 - PRICE REVERSED JUST ABOVE TP. SCRATCHING TRADE.
• 14:31 - PRICE BROKE DOWN IN A BIG WAY. A 30 POINT RED CANDLE HAS FORMED. NO PROPER R:R RATIO TO ENTER SHORT.

BAR REPLAY - 03JUN16

BIG PICTURE

• PRICES ARE IN UPTREND. THEY WERE IN RANGE FOR 3-4 DAYS AND HAVE NOW BROKEN OUT OF RESISTANCE LEVEL 8225.
• PREVIOUS DAY DAILY CANDLE IS IN RALLY MODE.

TRADING DAY

• 10:16 - PRICES OPENED ABOVE PDH AND SINCE THEN HAVE BEEN TRADING IN 10 POINT RANGE AROUND DO.
• 11:13 - PRICES HAVE STARTED MOVING DOWN. THEY HAVE NOW BROKEN PDH ON DOWNSIDE.
• 12:04 - PRICES DIDN'T GET ACCEPTED BELOW PDH. PRICES ARE TRADING WITHIN DO AND PDH FOR LAST 2 HOURS.
• 13:16 - PRICE BROKE OUT ABOVE DO AND MASTER CANDLE HAS FORMED. TO GO LONG ABOVE HIGH OF MC.
• 13:32 - TRADE NOT FILLED. PRICES CAME BACK DOWN BELOW DO.
• 15:30 - DID NOT GO SHORT AS THERE WERE LOTS OF BARRIERS IN BETWEEN.

BAR REPLAY - 02JUN16

BIG PICTURE

• PRICES ARE IN 50 POINTS RANGE FOR PAST 3 DAYS. OVERALL TREND IS UP AND PRICES HAVE FOUND RESISTANCE AT 8225.
• PREVIOUS DAY DAILY CANDLE IS IN DECLINE MODE.

TRADING DAY

• 09:49 - PRICES OPENED BELOW PDC AND HAVE NOW BREACHED PDL AND PREVIOUS 3 DAY SUPPORT 8170 ON DOWNSIDE. TO GO SHORT ON PULLBACK.
• 10:14 - TRADE NOT FILLED.
• 11:30 - PRICES SO FAR HAVE REMAINED BELOW LAST TRADING IMPULSE OF PREVIOUS DAY, SO BIAS IS DOWN.
• 12:47 - PRICES ARE IN 20 POINT RANGE ALL DAY AND HAVE FORMED BARBED WIRE AROUND PDL. DO IS ACTING AS FLIP.
• 13:52 - PRICES WERE TESTING LOW OF RANGE TILL 12:30 AND SINCE THEN HAVE BEEN TESTING HIGH OF THE RANGE - DO. PDL IS NOT ACTING AS BARBED WIRE ANYMORE. IT IS ACTING AS SUPPORT. BIAS HAS TURNED UP?
• 14:27 - PRICES BROKE OUT OF DO, PDC, BRN. DO HAS BEEN ACTING AS FLIP ALL DAY, SO UP MOVE CONFIRMED. TO GO LONG ABOVE BO CANDLE AND AIM FOR PDH.
• 14:36 - TRADE FILLED. E - 8208, ISL - 8195. TP - 8220
• 14:41 - TP HIT.
• 14:50 - PRICE BROKE OUT OF PDH AND 3 DAY RANGE HIGH. TO GO LONG AT BPB OF PDH.
• 14:57 - TRADE FILLED. E - 8238. ISL - 8220.
• 15:08 - TP AT RN 8250.
• 15:11 - TP HIT.