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Friday, 9 September 2016
Sunday, 29 May 2016
GBPUSD Bearish
Point (a) & Point (b) Ultrahigh volume (a) indicate bullish, However the next candle (b) market was not moving upward , but moving downward .
If the high volume seen at point (a) had been buying, how can the market drift downwards? To be more accurate, there was buying at point (a), but for the market to have gone down, the buying must have been 'absorbed' by professional traders. They will only do this if they have become bearish.
At point (c), we observe an down-bar, but look at the volume: It is low.
The professionals who are Distributing stock have withdrawn from the market, as they do not want lower prices – it is too early for them, as the floating supply has not been removed.
Point (d) & (e) retest
Note the low volume at these points, which is an indication that the tests were successful and that demand has been removed. The market cannot up down on low volume.
Friday, 6 May 2016
Wednesday, 4 May 2016
Tuesday, 3 May 2016
Thursday, 28 April 2016
Monday, 25 April 2016
Saturday, 23 April 2016
USDCAD 24/4/2014 12pm (Sunday)
USDCAD MM Bull
First Red high volume red bar may indicate the stooping volume, MM close short open long
MM open more long below half number
Before running for profit, MM moved the prices up above whole number stop hunt sellers and moved down to below half number, stop hunt more buyers, create more liquidity for themselves for add more long.
RESULT WRONG!
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