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MarcinO
Rep: 67
Posts: 5,506
Kicking it off.
I hope to be more active here this week.
AL
albert
Rep: 99
Posts: 3,094
Daily Chart is Stockchart.com's Predefined "Bullish 50/200-Day MA Crossover" Scan based on 10/27/16 EOD Daily data. Next chart is same data on a 3 month span. Please note arrow pointing at Doji, showing today's price action. Next is same data on a 5 minute chart, showing price action.


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Click image for original size
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1 3D-Based Trendline, 1.128 DBS 10/27/16
2 1.128 DBS-based ML Set
3 0.886 ML Upper// Touch with Price Drop
4 Price reversal near ML Lower//. Fibo call it 0.707, STO OS
5 Price Reversal at Upper ML //. Fibo 1, STO OB
6 Price reversal near ML Lower// and 200 Area. Fibo 0.786, STO OS
7 Price Reversal at Upper ML //. Fibo 0.886, STO OB
8 Price reversal near ML Lower//. STO OS, 5 Point Pattern
XABCD
XAB = 0.886
ABC = Between 0.5 and 0.618
BCD = Overshot 1.688
Y*AB=CD, Y = 1
XAD = 1.618 Plus
9 STO OB

Hope I got it right!

I was at the Doctor's office for part of the day.
Kane Trading rocks.
Simply Awesome

Al
MA
MarcinO
Rep: 67
Posts: 5,506
Wow. You came up with really complex analysis, Al. Nice stuff.
AL
albert
Rep: 99
Posts: 3,094
Thanks, Marcin. My hindsight is a lot better than my real time simulatiion trading. I wish I could trade those reversals profitable!

Al