Recent content by reddragon

Hi all, Ok, with hindsight it's obvious that my analysis @ EOD on Wed 22nd was wrong, but this is how i read it. Looking back at the resistance shown by the Bearish Engulfing pattern on 7th / 8th April, 61pt Up day followed by a drop next of 84pts, the highs of these two...

Hi all, My apologies for being slow to reply but it's been a very warm, sunny weekend and i've been outside enjoying it. My interpretation of the C/stick chart for the Dow up to the close of 22nd June is as follows: 5 point Doji on 27th May followed by a drop of 75pts next...

Hi all, The drop in the Dow over the last 2 days shows that it didn't provide strong support - i was expecting it to consolidate and then move up. Live and learn !!!.:confused:

HI all, The way i see it was that this current range in the Dow broke to the upside yesterday, Thursday 16th. Strong resistance was shown by the 2 Doji on May 27th and June 2nd, both had 5 point bodies...

Hi, It looks as if good ole' human nature has kicked in - you know the little voice that says it couldn't happen to us. As a trader you experience it when the market moves against you and say to yourself "that it'll turn and go my way in a minute" Going back to the...

Hi all, I've been following this story and the following sequence of events occured, according to the media this side of the pond 1 The 4yr old animal showed signs of BSE i.e staggering and excess saliva, authorities notified. 2 The animal is slaughtered and the spinal...