tar
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11700 is key I think, H&S might kick in.
I might need to go to the bathroom myself
Prune futures
Dick Lexic
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Reckon the Dax is on a make or break at 11700, think medium trend change if it doesn't hold especially as we are getting to the month end, just my thoughts
myattitude
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dow is being boring so far. this could be interesting break though
myattitude
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pop goes the weasel
Dick Lexic
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wernluck
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http://uk.advfn.com/cmn/fbb/thread.php3?id=27478129
it is a bit sporadic atm though!
here is what i am watching on FTSE(hopefully it will be the right size
it is a bit sporadic atm though!
here is what i am watching on FTSE(hopefully it will be the right size
Dick Lexic
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http://uk.advfn.com/cmn/fbb/thread.php3?id=27478129
it is a bit sporadic atm though!
here is what i am watching on FTSE(hopefully it will be the right size
Hi wernluck, A while back I started to look at the forks on different time frames, mth,wk and daily, I then brought these forks into the smaller frames to see if I got an advantage but to be honest I have taken a bit of a back seat on it for a while now.
I just did Dow chart = red/mth blue/week and green/ daily, The forks I just stick em where I think but that's the usual me
Monthly med seem to doing the business I've taken it from the March high
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wernluck
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Hi Dick,
Yes that red PF looks to be similar to my map i have been following.
I just try to draw off swing high/swing low pivots.
Keeps things consistant
EDIT:i find the forks work just as well in samller t/f's btw.Coupled with mkt. structure seems good..
Yes that red PF looks to be similar to my map i have been following.
I just try to draw off swing high/swing low pivots.
Keeps things consistant
EDIT:i find the forks work just as well in samller t/f's btw.Coupled with mkt. structure seems good..
Last edited:
psaTrading
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Starts today in Riga the Council of Europe. The main theme of this event will be the situation in the Mediterranean. However, it is not excluded that behind the scenes is discussed the situation in Greece. With regard to Greece, this event is of a more political character and serves as a prelude to tomorrow’s Eurogroup meeting, which takes a more technical nature. Most of the actors in these two events do not anticipate that an agreement is reached but expect at least that the talks give some steps forward.
myattitude
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my crystal ball says dax will go from 11850 at the open to 700 or lower tomorrow
so you all should probably do the exact opposite
so you all should probably do the exact opposite
Dick Lexic
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Thanks for your input
From a chart point of view the Dax is not exactly firing on all cylinders atm, I could stick my neck out and say the 11700 level could be the main push and pull area for a while, the news of course could change all.
Dick Lexic
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Last edited:
wernluck
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Dick
not a Schiff...
just found the middle line(loads of touches..a multi pivot line)
copied it to the high
then pasted it the same distance below..a projection for price to get to.
Action/reaction lines around a centre.Not a PF but has the same essence.
not a Schiff...
just found the middle line(loads of touches..a multi pivot line)
copied it to the high
then pasted it the same distance below..a projection for price to get to.
Action/reaction lines around a centre.Not a PF but has the same essence.
Dick Lexic
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Yes quite often you get a channel repeat up/down, who knows maybe the monthly chart is predicting the future
Dick Lexic
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