KO
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.
VO
VOwater
Rep: 133
Posts: 4,121
that is so stupid! the 61.8 is 35 thats why i chose it should have put stop @ 34.75
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bbrad63
Rep: 240
Posts: 143
this looks very tricky in here for some reason the reads are in both direction
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VOwater
Rep: 133
Posts: 4,121
for all you onlookers and lurkers you just witnessed bad sloppy trading!
KO
koolblue
Rep: 48,651
Posts: 16,032
TRUTH BE TOLD , IN MY OPINION THIS IS A VERY DIFFICULT TRADING DAY! very typical for a friday , i suppose!
KO
koolblue
Rep: 48,651
Posts: 16,032
cycles say the party is over here , but it takes me so much courage to go against that 'deadly' 15 min..