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koolblue
Rep: 48,651
Posts: 16,032
GOOD MORNING ALL! Well as you know im not a big fan of longer term forecasts, but i keep getting asked so much that thats why i posted some views the other day on the globex thread and the trading strategies forum. I bring it up not to receive plaudits but because im trying to 'teach' you that the techniques i have shown you here(price proj. and cycles) work on any time frame and in any market for that matter! I have always made good money from the markets but my dream has always been to create an 'army' of traders as skilled (or better!) as i am to level the playing field at this giant casino we call the financial markets. When i made the case for a top in the market tue-wed with 872.50-877 being the prime resistance area im sure most were skeptical, and heck, coming off of the most oversold market in history thats understandable.
KO
koolblue
Rep: 48,651
Posts: 16,032
JA
JackS65
Rep: 100
Posts: 379
AdvGet projecting 813 for end of Wave 5.
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koolblue
Rep: 48,651
Posts: 16,032
KO
koolblue
Rep: 48,651
Posts: 16,032
THIS ONES TRICKIER CAUSE OF WHICH BAR YOU START THE CYCLE WITH... SO IT COULD BE AS LATE AS 1:15 but the projection is valid unless we touch 817 area again
KO
koolblue
Rep: 48,651
Posts: 16,032
remember .. im very bearish today ... could be we invalidate or start back up and hit the proj. Any thing can happen (and probably will!)
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koolblue
Rep: 48,651
Posts: 16,032
in my heart i think we could be peaking here ... but who knows?
VO
VOwater
Rep: 133
Posts: 4,121
were @ 61.8 retrace from 19.50 L to 35 H
VO
VOwater
Rep: 133
Posts: 4,121
bounce right on cue
KO
koolblue
Rep: 48,651
Posts: 16,032
selling 830.50..only one (very risky)
KO
koolblue
Rep: 48,651
Posts: 16,032
Vo what dio you think ..i value your opinion.. higher to 843-47 or the parties over?
PT
pt_emini
Rep: 5,707
Posts: 1,940
Welcome to the forum UKtradergirl


These dynamic charts (volume and tick charts) take a little getting used to at first. VO uses a 610 tick chart which matches my volume chart fairly closely.