JI
jimkane
Rep: 3,058
Posts: 33,089
Hey, roofer, great charts. I have a question on the POT chart, the first chart you posted. I follow what you are doing exactly there, in fact it lines up with something I do using expansions and projections (there are actually two levels using this same principal that come in above the first one that are useful for looking for areas where a strong move may weaken). Anyway, on the second example on that chart, I get a much different value for the 1.00 pullback (I get 96.55 with my data). I get the same exact value for your 1.618, and the same values for your other two examples on this chart. If I use the 1.00 bracket from the first example I get the level you have. So, am I missing something here? Can you confirm for me how you got that 1.00 at the spot you did? Thanks. Great work.








