Just an update to the paths of PLTR using the algo keycode i found a more aggressive path that might hold. I think its done going down for now. by iCantw84it 07.20.2021
Thanks....interesting indicator...i will do some research on that one.
iCantw84it
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@Tristan73, The lines are something I do to plot path. I contain the current price action and then find somewhere in the past where Price action can be contained inside the Keycode. If I can find price action that fits in this area. Then its like saying that if you take all the algos and melted them together it would produce price action like this.,,,, along with the psychology of the trader at this moment of price, BB ,placement there with in and everything would be the same....so if its all the same then the outcome should repeat itself.
Tristan73
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@iCantw84it, Interesting.....and you like the c.m williams indicater also....i am not familiar with this one but i will also research that one to...why do you like the williams indicator??....
iCantw84it
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@Tristan73, I like it to find absorption
I have no idea what they use it for I should read it
lol
@Tristan73, Thats the PDF to the vix fix that Larry Williams designed and this guy tweaked I will read it to see how we can tweak it more
iCantw84it
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@Tristan73, Its actually an indicator of Fear. and that actually coincides with when Institutional buying would actually soak up the float as its when Buyers are the most scared. As buyers are afraid of it dropping deeper or losing the money on their moves going up....they sell their shares or their contracts get broke as this happens usually in the liquidity zone created by the imaginary zone people think price wont go because their trend lines say so. So this area is the area that lights up bright green and its the area most people are afraid of the stock going because its where they feel safe
iCantw84it
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@STP_MrNodeItAll Props to Mr. NodeitAll on this trade today.... We have both been pretty active on finding the bottom of this.