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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.
KO
koolblue
Rep: 48,651
Posts: 16,032
THX PAL! That clears it up!
VO
VOwater
Rep: 133
Posts: 4,121
and yes we have a double deadly 60m @ 808
KO
koolblue
Rep: 48,651
Posts: 16,032
yup 5 min says 915.69 if 825.50 holds
KO
koolblue
Rep: 48,651
Posts: 16,032
short one 825.50, selling another at 828.50
KO
koolblue
Rep: 48,651
Posts: 16,032
and an even scarier daily!
VO
VOwater
Rep: 133
Posts: 4,121
kool if they close this below 22...hang on for 16
PR
prestwickdrive
Rep: 2,057
Posts: 1,098
quote:
Originally posted by VOwater

and yes we have a double deadly 60m @ 808


-50% IB extension = 808.25
KO
koolblue
Rep: 48,651
Posts: 16,032
Another interesting thought ...if we just average the last 2 days trading and the high today (globex) at 854.75 holds the low should be 809!!!
KO
koolblue
Rep: 48,651
Posts: 16,032
yup, plan to VO,
VO
VOwater
Rep: 133
Posts: 4,121
selling with close under 22
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.