Kreslik.com - traders community since 2006

MO, I'm almost afraid to ask. The new charts that you've been posting, are we still talking about z-lines & 1-body in direction of profit 2-wick in direction of loss? Or have you moved beyond MO101? :) dee I am not going to bite you DeeForex, I promise :roll: Believe it or not we are still talk...

I am sure behind the times. I did not realize how fast rapidshare could be. Definitely faster than trying to load the file to this site 5+ times. Yes cfabian, it was extremely time consuming to go through the posts and copy and paste into a file. I think es/pip said that it takes a couple of hours....

I think that we are making head way into greater degrees of simplicity:

deeforex wrote:

MightyOne wrote:Maybe I am a bit slow because I am drinking, but what is the 5 trend?

Maybe I need a drink so I have an excuse for not seeing the 5 trend or do I just need to take off the shades?

You are pretty keen so I am guessing you need to remove the shades

Maybe I am a bit slow because I am drinking, but what is the 5 trend?

TheRumpledOne wrote:MightyOne:

Idea... should we also be counting the number of consecutive larger bodies?

The smaller this number is the stronger the move to come. The larger this number is the weaker the move to come. ============= In the opposite, direction? The concepts is the larger the body of the bar the greater the chance of reversal. Assuming this bar is Y or Z momentum, the likely future move ...

"MightyOne" :shock: : Realizing that I have strayed from simplicity I sat down and had a conversation with the chart and here is what he said: "If a candle closes after a momentum move then it will be larger than the prev. candle & it may be larger than a consecutive number of ca...

http://i43.tinypic.com/nbempf.gif http://i43.tinypic.com/nbempf.gif Very interesting stuff, MightOne. Wow, you are already up and coding? That was pretty damn powerful momentum for the market to plunge 15, 17, & 19 down :shock: always trade with candle color :wink:

1 & down we went: