ForexFux wrote: Thu Nov 30, 2023 10:01 pm Hi,
I have a question regarding EU. EU transformed from pullback mode to reversal mode because of bearish cmd1 on. Now fractals 7n is also involved but only the dot not the arrow. Does this count?

p.s. I noticed that 6n TT is only closed not open so no cmd1 atm.

Yup the pressure down is on alright. Nothing is an on and off switch (if you are to trust it) in trading, because price pattern is inductive and all change is in steps so that is what you can see. a) TT is being liberated by DarkOrchid in steps, b) CMD 1 is in pullback but pullback precedes reversal c)7n involvement is reassuring of an increasing condition, I mean it was not there before and to see such a senior boy getting involved in the fray should alarm and indicate seriousness, etc, etc it is all commonsensically obvious and should be read in a very relaxed mood no tension if it is NOT true will not BE there the things you see. You are getting along nicely my man. Cheers

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Darkdoji wrote: Thu Nov 30, 2023 9:21 pm @Dave 111 again spot on in your outlook from our talk yesterday and does seem the whole Gold setup has gotten a bit toppy but as I said do not think it is a reversal just yet as no indication. Regardless it could translate to be a deep 6n Pullback. Could be significant if new 9n bar joins the fray tomorrow. Regardless, any swing higher sooner or later might be a good chance to join and hold for a drive to or beyond 9n limits. Looks like some fat pocket wants to drive out bears by killing the bugs on a low swing up. Not sure what @ImpLaNT thinks?

If you're really interested in what I'm thinking at the moment, here are my thoughts.... Let's look at the weeks...

The upward surge on Tuesday, which brought the price to 2050, turned the 8n TT tile into an open state. And it would be logical to cool down a little in the form of an in-phase pullback. It is quite possible that we are now in 8n FLE, which is shifted upward. It seems to me quite logical to pull back to complete the FLE somewhere around 1945, and then from there continue to climb to the levels of 2200 and possibly higher. But this is not a matter of one week, we are talking about 8n...
Now let's look at M30... We see a beautiful symmetrical attractor with a beginning in 1918 and an end in 2052. It looks quite complete, which once again indicates the possibility of the beginning of a deep pullback that I mentioned above. These are my thoughts at the moment. Tomorrow they might be different

ImpLaNT wrote: Thu Nov 30, 2023 11:59 pm If you're really interested in what I'm thinking at the moment, here are my thoughts.... Let's look at the weeks...

Of course I am always interested in your thinking my respected friend. And I am justified to be with your expressed thinking here. I agree that we can never know the future that is why we rely (the both of us), on Orbit timing so we can only speculate. Luckily right or wrong "predicting" things as we do now we still have Orbit to time and point us correctly no matter. Indeed I was shocked at the screenshot @ForexFux showed above of the Euro since as you know it is more or less in the same risk class as Gold and though I have no regard for such classifications the fact remains Gold is Vs USD too. So for the Euro to drop so fast and so deep as we see there in @ForexFux's shot I cannot help but assume similar for Gold ahead. Last month about this same time exactly we had a very deep pullback and it is from that we recovered to the handle we have reached thus far and looks like the same is ongoing. Thus your voice on the same side more or less warns the bulls among us to take a deep breath but of course we cannot be certain so we watch. Thanks and cheers.

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Gold does really seem to be coming under intense selling pressure even with new month bar, else should not be seeing this from the move yesterday. But watching with fingers crossed. Good luck it is Friday though so careful....

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I'm waiting for a good rollback.

andrei-1 wrote: Sat Dec 02, 2023 8:32 am I'm waiting for a good rollback.

My English is not very good, so is that before you make your first trade this year or what? Not sure I catch much sense in any of the blank charts that you post (seen a few here and there), as having any particular meaning but this is particularly confusing - are you implying you are market watching or just extremely good at screenshots? Not clear to me at all. Sorry if I (or anyone else), should gain some particular sense from this? Would be nice if you would directly say. Cheers

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Not funny? It's funny to me. Sorry.

andrei-1 wrote: Sat Dec 02, 2023 8:32 am I'm waiting for a good rollback.

As far as I understand, this post was addressed to me as a response to my post post1295528763.html#p1295528763, where I talked about a possible pullback downward, which ultimately did not happen...
Listen, Andrei, I have already said more than once that forecasting is a thankless task. Doji asked my opinion and I shared it...
Orbit is not a predictive tool, and we traders don't need to make forecasts at all - they are disastrous for us. We must trade every opportunity moving from one point to another on some significant TF, let's say H4. When we begin to draw some pictures in our brain, we become hostage to our assumptions, which are not always destined to come true. If the market had turned down yesterday, he would have been right, but he went further up - and he was right again. He will complete his picture, which we can unambiguously interpret only through history. And when we are in a live market, we can only assume possible moments of a trend change, but nothing more. And we should not allow our assumptions to take over our activity, but activity is to trade every opportunity and not think too much. We assume, but the market has... And he will always be right...

And as if in addition to the previous post...
Doji's approach isn't just about the screenface. Recently, all the discussion in the thread has come down to reading the screenface and its application, but all has forgotten about the theoretical part of its approach. By theory generally comes down to representing price fluctuations in the form of attractors. As I already said, we can't reliably predict the end of the attractor, but what prevents us from going down to the smallest TF M1? The market structure is fractal, and on M1 we will see the same attractors, but of a very short length, no more than a day. And there we will see the picture much more clearly, as if under a microscope. What prevents us from using the completion of the attractor on M1 as a signal for a micro-reversal and entering a position in continuation of the high attractor?
And by the way... Orbit (screenface) has in its arsenal elements that clearly indicate the completion of the high attractor, but this is from the category highend techniquies. If Doji ever deems it necessary, he will tell about it.

ImpLaNT wrote: Sat Dec 02, 2023 2:29 pmIf Doji ever deems it necessary, he will tell about it.

I've been waiting 28 years for them to start talking. In the meantime, I'll do it myself.