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No Indicator Mumbo Jumbo


OK HERE IS MY TRADE FOR TODAY
08:35:04 BUY_LIMIT 1184.50
10:06:43 SELL_LIMIT 1188.50
1079 SHOULD BE A GOOD TARGET FOR THIS SHORT
Redsixspeed is this not a bearish seperating line formed in a 30 min chart this morning

Click image for original size
akchart
AK1,
I posted a response to your question about H versus O, L versus O at

5-28-10 short-term trading, Page 9 or 10

http://www.mypivots.com/Board/Topic/5731/-1/es-short-term-trading-5-28-10
AK1;

Yes thats a separating line. The prolbem I have is I don't
show that on my chart. What time est is that pattern...
Hey Red could you post a link to the thread where you explained that? I can't find it....or perhaps some explaination of it from your candle patterns
Originally posted by redsixspeed

AK1;

Yes thats a separating line. The prolbem I have is I don't
show that on my chart. What time est is that pattern...

Separating Line is a continuation pattern; meaning we should
continue in the same direction of the pattern. The second candle
in the pattern shows the direction...

http://www.mypivots.com/Board/Topic/4072/19/candle-pattern

the 5th post on this page shows the pattern
If we are in a neutral zone of the move the pattern carries less weight, but the higher the time frame of the pattern the more reliable
thanks Red...that makes sense
Originally posted by BruceM

thanks Red...that makes sense

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Bruce

Would you look @ the 30min. candle chart from Friday morning
and see if you have that separating line pattern AK1 is talking
about..
There must be a data feed issue somewhere cuz I don't
have that pattern on my chart..TIA
I see no such pattern Red......
http://www.mypivots.com/Board/Topic/4072/21/candle-pattern

4th post in this link gives a further explanation