be-positive
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Looks like the GOV.s right again
Bonsai
Sorry the confusion.
i was attempting to highlight that when you identified the fib at 25, two people thought you were referring to the 4025 level and not the 4125. If there is confusion over identifying a single level, what confusion can we all create if we all attempt to identify the current EW count?
As an aside using the down move yesterday from 4147 to the afternoon low of 4095 (52 points) , I got the 50% fib at 4121 (but then who is worriedover 4 points)
Sorry the confusion.
i was attempting to highlight that when you identified the fib at 25, two people thought you were referring to the 4025 level and not the 4125. If there is confusion over identifying a single level, what confusion can we all create if we all attempt to identify the current EW count?
As an aside using the down move yesterday from 4147 to the afternoon low of 4095 (52 points) , I got the 50% fib at 4121 (but then who is worriedover 4 points)
ok , but are you being just a little pedantic ?
what I said was I thought there would be a pull back to 25.
and 025 would not have been a pull back but a continuation.
I will be continuing to nominate wave counts from time to time
but only the shorter term counts when they are relevant to
intraday trading. (I expect everyone trading intraday to have at
least 25 days on hand)
Not the longer ones which really need to be accompanied by a
chart to help the viewer understand.
But if anybody wants to do that, I have no problems as long as
they post a chart with their wave count.
what I said was I thought there would be a pull back to 25.
and 025 would not have been a pull back but a continuation.
I will be continuing to nominate wave counts from time to time
but only the shorter term counts when they are relevant to
intraday trading. (I expect everyone trading intraday to have at
least 25 days on hand)
Not the longer ones which really need to be accompanied by a
chart to help the viewer understand.
But if anybody wants to do that, I have no problems as long as
they post a chart with their wave count.
barjon
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A bit late in the day, but if anyone is seeing significance in the
huge increase in volume as we approached 120 around 11am
you might like to know that there was an exceptional trade
in lloy (80m shares - 2x40m) at that time.
Might not make any difference - the battle lines between 090
and 125 seem quite well drawn.
good trading
jon
huge increase in volume as we approached 120 around 11am
you might like to know that there was an exceptional trade
in lloy (80m shares - 2x40m) at that time.
Might not make any difference - the battle lines between 090
and 125 seem quite well drawn.
good trading
jon
dont usually track volume on individual stocks unless I am
looking to trade them and not always even then. Dont think that
was a prime mover in the current 10 pt fall though. The price seems relatively stable ?
Do you have a chart you could put up ?
looking to trade them and not always even then. Dont think that
was a prime mover in the current 10 pt fall though. The price seems relatively stable ?
Do you have a chart you could put up ?
barjon
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Bonsai
I have the simple Yahoo chart in one window since I like the
candlesticks particularly when associated with volume at or near
resistance/support. Therefore got quite excited when huge
volume and shooting star!! Noticed huge volume in lloy when
looking at ADVFN monitor (for my swing trades) and checked
it out - excitement waned a bit!!!
got to dash out now - will pick up pm.
good trading
jon
I have the simple Yahoo chart in one window since I like the
candlesticks particularly when associated with volume at or near
resistance/support. Therefore got quite excited when huge
volume and shooting star!! Noticed huge volume in lloy when
looking at ADVFN monitor (for my swing trades) and checked
it out - excitement waned a bit!!!
got to dash out now - will pick up pm.
good trading
jon
barjon
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bonsai
back again. you don't seem to have had many takers - must all
be out enjoying the sun. for me long @ 108 just before 10am
on candlestick and ma20 confirmed support out @ 116 on that
aforementioned shooting star. That's the index fills were 110
and bits and 113 so pretty feeble - never know whether to report fills or index?
didn't short as explained but may have been tempted if I hadn't
been going out - maybe a lucky escape.
a strong last half hour?
jon
back again. you don't seem to have had many takers - must all
be out enjoying the sun. for me long @ 108 just before 10am
on candlestick and ma20 confirmed support out @ 116 on that
aforementioned shooting star. That's the index fills were 110
and bits and 113 so pretty feeble - never know whether to report fills or index?
didn't short as explained but may have been tempted if I hadn't
been going out - maybe a lucky escape.
a strong last half hour?
jon
barjon
seems to me we had 5 legs up today followed by an abc with a failed retest. So the last hour may have been the start of something .
but first we need to break up through the line across the tops since 172
pity about that shooting star. but you will already know that is
does happen in short time frames.
its one of the reasons I dont get on with candles and prefer macd
which is more of a trend hunter.
seems to me we had 5 legs up today followed by an abc with a failed retest. So the last hour may have been the start of something .
but first we need to break up through the line across the tops since 172
pity about that shooting star. but you will already know that is
does happen in short time frames.
its one of the reasons I dont get on with candles and prefer macd
which is more of a trend hunter.
temporarilylight
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Bonsai.
Have you posted a link yet, as to where to find the 'dot charts' you use sometimes. They've intrigued me, as i often take trade using gaps.
thx
temp
Have you posted a link yet, as to where to find the 'dot charts' you use sometimes. They've intrigued me, as i often take trade using gaps.
thx
temp