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900XS
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Everything posted by 900XS
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ooops! sticky mouse button.........lucky that was not a order submit ha.
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I had this on a notepad............not sure when I copied it: "When it comes to trading (MP), there are 2 distinct, primary patterns that offer the most potential to trade: A capital “P” pattern indicates a retest of resistance and/or higher prices. A lower case “b” pattern shows a retest of support and/or lower prices." Looking at profiles, generally they have 3 shapes: 1. a "P" shape 2. a "D" shape 3. a "b" shape a "D" would indicate a market in balance your 3 examples would suggest that this market found resistance ("P" shapes) and the closes in the opposite direction would perhaps be indications of confirmation. my theory only, i.e. not tested ( -_- )
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I had this on a notepad............not sure when I copied it: "When it comes to trading (MP), there are 2 distinct, primary patterns that offer the most potential to trade: A capital “P” pattern indicates a retest of resistance and/or higher prices. A lower case “b” pattern shows a retest of support and/or lower prices." Looking at profiles, generally they have 3 shapes: 1. a "P" shape 2. a "D" shape 3. a "b" shape a "D" would indicate a market in balance your 3 examples would suggest that this market found resistance ("P" shapes) and the closes in the opposite direction would perhaps be indications of confirmation. my theory only, i.e. not tested ( -_- )
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nice charts traverse........have been following EL and Kiki since november. Am ensign user and perhaps IRT or MD would be better value for me. Sure wish EL (blog) had been around a few years ago. I am very aware of the value of his generosity and trust he stays awhile to share. thanks