Update - practicing cones.
Three Charts
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Re: Three Charts
To sum up current status:
Most of what I can see when reading charts is done by comparing
the prior reaction of other traders to how they are reacting now.
When I say traders I mean orders and how those orders can push price.
Where did buyers or sellers come in heavily last time
and what did they manage to achieve. Then join them.
Most of what I can see when reading charts is done by comparing
the prior reaction of other traders to how they are reacting now.
When I say traders I mean orders and how those orders can push price.
Where did buyers or sellers come in heavily last time
and what did they manage to achieve. Then join them.
Re: Three Charts
For the record, after some time listening to ICTs webinars, I believe he is legitimate.
Skepticism unwarranted.
Skepticism unwarranted.
- Captain Pugwash
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Re: Three Charts
[quote="jrtrading"][/quote]
here's my answer - but take mine with a pinch of salt atm
look at where the move that broke your "close above something line originated from - to me it looks really nice - price is also effin around and about a daily pivot - look at bredins videos for this
ps - the yellow line is my pivot
I shall now crawl back under the rock I am hiding under
here's my answer - but take mine with a pinch of salt atm
look at where the move that broke your "close above something line originated from - to me it looks really nice - price is also effin around and about a daily pivot - look at bredins videos for this
ps - the yellow line is my pivot
I shall now crawl back under the rock I am hiding under
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"MOJO 1)Self-confidence, Self-assuredness. As in basis for belief in ones self in a situation. Esp/In context of contest or display of skill such as going into battle. 2)Ability to bounce back from a debilitating trauma and negative attitude YEH BABY
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- Captain Pugwash
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Re: Three Charts
Ask yourself "but why did price come back down again after the first rise??"
now mark up for yourself the one on the left of your chart - err, i added it anyway for future reference
now mark up for yourself the one on the left of your chart - err, i added it anyway for future reference
"MOJO 1)Self-confidence, Self-assuredness. As in basis for belief in ones self in a situation. Esp/In context of contest or display of skill such as going into battle. 2)Ability to bounce back from a debilitating trauma and negative attitude YEH BABY
Re: Three Charts
Thanks a lot for your posts Captain Pugwash,
I will have to digest the charts you posted and will give a proper reply when done so.
I will have to digest the charts you posted and will give a proper reply when done so.
Re: Three Charts
I shall now crawl back under the rock I am hiding under
Don't lurk, it's not nice
- Captain Pugwash
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Re: Three Charts
MightyOne wrote:I shall now crawl back under the rock I am hiding under
Don't lurk, it's not nice
quiet right old chap -
So here is one more for jrtrading
I marked it up as a doodle today when talking with another trader - I find it helps me to break a chart up into understandable elements
its the same chart obviously - I usually use different colour lines - but I cant be arsed atm -
no text - it aint really necessary.
also very interesting chart at this moment
"MOJO 1)Self-confidence, Self-assuredness. As in basis for belief in ones self in a situation. Esp/In context of contest or display of skill such as going into battle. 2)Ability to bounce back from a debilitating trauma and negative attitude YEH BABY
Re: Three Charts
Thanks, you can lurk as much as you want in this thread.
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