BullBear52x,
If you don't mind my asking,
1. What do your yellow rectangles represent?; and,
2. How are they derived/created?
Thanks
1 Yellow line/zone is my line in the sand. support and resistance
2 it created based on moving average and price pattern by hand.
currently here's what I got on the chart now.
My comments are for entertainment/educational purpose only. NOT a trade advice.
noob wrote:Got a quick question Cobra, what was the $ONE:$TED indicator you used last night? Thanks!
TED in reverse scale.
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BullBear52x,
If you don't mind my asking,
1. What do your yellow rectangles represent?; and,
2. How are they derived/created?
Thanks
1 Yellow line/zone is my line in the sand. support and resistance
2 it created based on moving average and price pattern by hand.
currently here's what I got on the chart now.
spy.JPG
I always like your T/A. But I think I told you that too many times.
Keep up the good work or should I say, when you made a trade, holler at me please.
BullBear52x,
If you don't mind my asking,
1. What do your yellow rectangles represent?; and,
2. How are they derived/created?
Thanks
1 Yellow line/zone is my line in the sand. support and resistance
2 it created based on moving average and price pattern by hand.
currently here's what I got on the chart now.
spy.JPG
I always like your T/A. But I think I told you that too many times.
Keep up the good work or should I say, when you made a trade, holler at me please.
Thanks, I am simple, so my charts here is the most simple one compare to most expert here.
My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x,
If you don't mind my asking,
1. What do your yellow rectangles represent?; and,
2. How are they derived/created?
Thanks
1 Yellow line/zone is my line in the sand. support and resistance
2 it created based on moving average and price pattern by hand.
currently here's what I got on the chart now.
spy.JPG
I always like your T/A. But I think I told you that too many times.
Keep up the good work or should I say, when you made a trade, holler at me please.
Thanks, I am simple, so my charts here is the most simple one compare to most expert here.
Hell, I see you mostly have a very good number of winning trades and if a simple system like that works, sign me up.
I just saw some thing strange and wanted to show it, this is CHF hourly chart moving up near yesturday news high which is a signal that Dow could follow, and if Dow followed, then we might be surprised at today close or tommorow at the open. So, I will watch it for sure because it is a warning for bulls with no confirmation yet and it is a big move so fa
Dow Trader wrote:I just saw some thing strange and wanted to show it, this is CHF hourly chart moving up near yesturday news high which is a signal that Dow could follow, and if Dow followed, then we might be surprised at today close or tommorow at the open. So, I will watch it for sure because it is a warning for bulls with no confirmation yet and it is a big move so fa
warning for bulls? dow could follow CHF up? which direction do you believe the relationship to be? i've been watching the spike as well...
Dow Trader wrote:I just saw some thing strange and wanted to show it, this is CHF hourly chart moving up near yesturday news high which is a signal that Dow could follow, and if Dow followed, then we might be surprised at today close or tommorow at the open. So, I will watch it for sure because it is a warning for bulls with no confirmation yet and it is a big move so fa
warning for bulls? dow could follow CHF up? which direction do you believe the relationship to be? i've been watching the spike as well...
Petsamo wrote:USO looks like it has a double bottom
USO double bottom topped out just under 40 which is a measured move target. i see the double top that he's seeing as well...but it's too early unless we get down to 36.80. coincidentally, it's near the hourly 200MA as well.
so that's the level to watch, in the meantime, i think it's buy on the dip, and cover on a break below 36.80.
Intraday DATA http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15
Interpretation: We are underwater again (the red shaded area represents the intraday “underwater” zone, aka below 50ema)…But declining stocks are still weak at ~1680 = potential for more “choppy”