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- Richardj replied Aug 29, 2007
For those who are feeling miserable having lost badly today, perhaps seeing the fact that we are in this channel, which should act to restrain too much more upward movement beyond where we've been already, might offer a little comfort - or not!
- Richardj replied Aug 29, 2007
This may be too big - I don't know! I only threw this in just trying to be useful as just an very short term opinion, that's all.
- Richardj replied Aug 29, 2007
In my experience, separated twins like this - or twin channels, if you prefer - usually mean a drop to at least the lowest pair.
- Richardj replied Aug 29, 2007
Could anyone who knows fibonacci stuff help on this, please? In the drawing, to get fibs to anticipate possible retracement levels, do I measure from A to C - or from B to C? A to C is the obvious choice - but I thought that maybe you should measure ...
- Richardj replied Aug 27, 2007
GJ retracement top — It would make sense that yesterday would be the top of the retracement from the big drop (apart from fib indications, which I'm just starting to learn, thanks to Karmo!) - because, as this daily chart shows, GJ retraced ...
- Richardj replied Aug 16, 2007
Another of my graphs, I'm afraid... I posted it before, to the normal boring stony response on this thread.. but MA120 has softened a little since... (This is long-term, only, for strategic reference only: any newbies thinking of trading it.. don't ...
- Richardj replied Aug 15, 2007
Only for passing interest - NOT a prediction for anyone, of course... note blue.
- Richardj replied Aug 14, 2007
GU ultimate possible destination - just for the record — Just for the record... again - of course, don't trade anything I say - and this is a weekly chart! It's just a long-term prediction, as my two cents' worth only. Moreover, this is not ...
- Richardj replied Aug 14, 2007
Just for the record - see if I'm right! — The formation that I've pointed to with the red line is one that I've found a very good indicator of eventual targets in Daily - but I've never used it in Weekly. Obviously, in Weekly, it's much less ...
- Richardj replied Aug 14, 2007
I had just had a quick glance back over my past posts ...am in a bit of a rush now, cos I've got to rush to the consulate (I'm in Colombia right now)... but this one, for example. (I actually posted earlier, during the 2nd peak above green, ...
- Richardj replied Aug 13, 2007
In my way of seeing things - which doubtless seems weird or perhaps stupid to you guys, but which serves me pretty well - MA730, which is being slowly forced to turn the corner and bend downwards (representing a major strategic event, which will ...
- Richardj replied Aug 13, 2007
MA730 support (yellow) softening... but still not pulling down and expanding away from MA550 (blue)
- Richardj replied Aug 13, 2007
Here's another.
- Richardj replied Aug 13, 2007
Karmo... yes, for once, I'm going to try to get my take partial profits on the way down at the proper levels. I find it tricky to place these TP levels, because it seems to me that there are quite a lot of different possible TP levels in the 235.00 ...
- Richardj replied Aug 13, 2007
Anyone who thinks GJ is a buy might consider this chart - which in my view, suggests very strongly that it's down, down down - once the yellow MA I showed in a previous chart expands from its neighbour.
- Richardj replied Aug 13, 2007
Here it is. Unfortunately, in order to show it clearly on this site, I can only show a detail of the graph, which doesn't give the overall 'feel' so well. Also, I can see that Paint is distorting angles (and particularly, relative angles of MA's), ...
- Richardj replied Aug 13, 2007
Perhaps only of interest to you, M2B... The strong downward curvature of MA430 (blue), and its expansion away from MA240 (brown), indicates very strong downward pressure on GU - notwithstanding the scary distance of MA120 far above, indicating the ...
- Richardj replied Aug 13, 2007
This is the reason we keep on bouncing back up again... we need MA730 (yellow) to curve down... which it will do quite soon.
- Richardj replied Aug 13, 2007
I don't usually put too much faith in weeklies.. but this one appears to virtually guarantee a fast descent to 233.50-ish - but to me also strongly suggests a coming 'free fall' down beneath there.
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