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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Slumdog who wrote (19291)5/28/2017 7:30:54 PM
From: John Pitera  Respond to of 33421
 
Here is the June SPX 15 minute contract

the algo traders took the first fractal advance from the low at 2344 late on may 18th and then have taken profits and reloaded at the .382 Fibonacci price projection level and then .618 Fib Price projection level,
they used the 100% distance above the first fractal as a support buying level and then sold top tick at the 1.382 Fib PPL which is where we currently stand



Happy Memorial day everyone!

John



To: Slumdog who wrote (19291)5/29/2017 6:12:40 PM
From: Slumdog  Read Replies (2) | Respond to of 33421
 
Closed the EUR/USD short at 1.11380
likely left some on the table but still worked out OK