BR
BruceM
Rep: 216,211
Posts: 19,895
I look at where we have double tpo's...in this case with at least two diferent 30 minute bars with matching lows or high....and inside a days range,,,,,I'm not refering to a double top or bottom.... hope that is clear
quote:
Originally posted by redsixspeed
Bruce;
This is off topic, but what is your definition of a ledge
(so many indicators so little time)
RE
redsixspeed
Rep: 4,111
Posts: 1,711
Very clear. Do you use only RTH for your caculations?
Thanks so much
Thanks so much
BR
BruceM
Rep: 216,211
Posts: 19,895
For ledges I like the RTH as they usually form on consolation days and make great targets....
BR
BruceM
Rep: 216,211
Posts: 19,895
Any stats on the "unfilled" 80% rule....? I heard Ann Tedisco mention it about 8 years ago but much like the 80 % rule itself there seems to be no real statistics on it.....
quote:
Originally posted by prestwickdrive
I have been observing all of your posts for a while and wanted to thank you all for all you have shared. FWIW, keep an eye on 54.25 (yesterday's UVA) for Monday as we have an unfulfilled 80% rule today. If it continues to head for the Gulf as a 3 or 4, Ike may make it moot but like gaps filling, eventually unfulfilled 80%s tend to fulfill. Also, we have single ticks from yesterday between 55.5 and 61.5.