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9er replied Jan 9, 2013Closed at 3050 for +12 the 15M is giving me the hee bee jee bee's!
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9er replied Jan 9, 2013Looks interesting. I'll look into it more, seems pretty new and at first glance seems to break every rule known to Gartley as far as ABCD patterns go. Maybe if they numbered the points rather than letter them. Looks promising but goes against ...
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9er replied Jan 9, 2013It appears for now that price is respecting the lower trend line
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9er replied Jan 9, 2013Never heard of it until you mentioned it - send me a PM with the details
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9er replied Jan 9, 2013That is perfect and you beat me to the punch. Nicely spotted. I actually was getting ready to edit my last post in that the 3-4-5 points on the 5.0 may actually be A,B & C, making the 127 a pretty close target. Price appears ready to go north anyway!
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9er replied Jan 9, 2013The indi hasn't painted it, but do I see a 5.0 Butterfly? I have a sell stop at 3062
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9er replied Jan 8, 2013I'm gonna retain the conch and continue on my soapbox rant. I will re-attach and reiterate the importance of pattern recognition. Please reference the attached chart. The inverted hammer (reference page 3 of attached word document) resulted in a 112 ...
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9er replied Jan 8, 2013See? I told you coffee is the most important tool! Yeah I see it now. That lower trend line, I'd be willing to bet it corresponds to the 3056 area!
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9er replied Jan 8, 2013On the 1H? The way I see the AO is that price and AO are in agreement. The way I understand the AO, When AO is below the zero line and price is moving down (forming new lows) the AO should also form new lows. Divergence occurs when price forms a new ...
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9er replied Jan 8, 2013Yeah the RSI is stuck between 40 and 50, which tells me the down move isn't finished yet. I still believe that 3056 is a good area to watch. If one wanted to be cautious, a break of the S1 (3045) may present a scalping opportunity at very least
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9er replied Jan 8, 2013Yes sir I am back. Participation is lacking just a little but that is cool. This style of trading isn't for everybody
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9er replied Jan 8, 2013I couldn't agree with you more! Love it. In Lehman's terms, I call this, "It will go up or it will go down". Now we wait for price to tell US what it wants to do! You have that coffee yet?
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9er replied Jan 8, 2013The 1H, normally my favorite TF, is too flat to analyze I personally believe that the Bears are not finished but can't speculate beyond that. Bias: Bearish on a whim
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9er replied Jan 8, 2013High insight is 20/20. I really wish I had paid more attention to the doji on the 4H yesterday. That coupled with the fact that the doji also completed a mini ABCD (or sub-wave), should have sent alarms, bells and whistles off in my head. That is ...
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9er replied Jan 8, 2013The Daily: I still don't like the 5.0 butterfly here. Although it meets the parameters of the 5.0, it is small. X to A is comprised of 3 candles, A to B, also 3 candles. Like it or don't it is after all a 5.0. With a 5.0, leg 3 to 4, usually ...
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9er replied Jan 8, 2013Doji's don't lie do they? Very important to download the word documents I posted up over the past 2 days. Read and familiarize yourself with candle formations. Read and familiarize yourself with Gartley In today's world of systems and ratios, and ...
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9er replied Jan 8, 2013I set this trade at the low of the daily pivot (minus 3 pips) from the 1H. I've been away from the computer, was very nice to return to see my TP was hit again. Now up +18 for the day 2nd chart is what I see as B to C retrace, double bottom from the ...
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