GM Traders
daily pp: 864
POC: 863.75
60m: 905 / 849.75, 830.50
globex gap = 859.75
PR
prestwickdrive
Rep: 2,057
Posts: 1,098
quote:
Originally posted by VOwater
pwd I get a 75.75 target high and there would be no low from your numbers because it would be invalidated because price took it out
I figured the 68.5 high projection from the 56 low would be negated if 56 were taken out and the 44 low projection from a 63.5 high would be negated if 63.5 were taken out. Back to school again ...
VO
VOwater
Rep: 133
Posts: 4,121
quote:
Originally posted by prestwickdrive
Yesterday I kept letting the morning positive big money bias keep me looking for higher prices. Trying to be more balanced today, based on the last two 15 minute cycles of a 60.75 high to a 56.0 low and then a 56 low to a 63.5 high, do we have deadly 15 projections of a high of 68.5 and a low of 44?
this says 60.75 and 56...did you mean 68.75
PD
PDQ
Rep: 110
Posts: 167
Hi All:
It looks like the 15 minute bars project 858.25 (161.8%), and then 855.25(261.8%)....Is this correct?
It looks like the 15 minute bars project 858.25 (161.8%), and then 855.25(261.8%)....Is this correct?
PR
prestwickdrive
Rep: 2,057
Posts: 1,098
quote:
Originally posted by VOwater
quote:
Originally posted by prestwickdrive
Yesterday I kept letting the morning positive big money bias keep me looking for higher prices. Trying to be more balanced today, based on the last two 15 minute cycles of a 60.75 high to a 56.0 low and then a 56 low to a 63.5 high, do we have deadly 15 projections of a high of 68.5 and a low of 44?
this says 60.75 and 56...did you mean 68.75
no, I was referring to the 60.75 high on the 0615 15 min candle against the 56.0 low in the 0800 candle and the 56 low in the same candle aginst the 63.5 high in the 0930 candle