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  1. mikeriley

    POST Some CHART Images in THUMBNAIL Format Right Here, Baby.

    Yes, Mr Biglow is very proficient. He's been in the game a long time. Just to add my own analysis, I'll post a chart - it's very short.
  2. mikeriley

    POST Some CHART Images in THUMBNAIL Format Right Here, Baby.

    I enjoyed listening to his analysis. He took a long route to reach his conclusion, but I agree with his synopsis. The only thing I didn't hear him talk about, is that there is a high impact event tomorrow of Unemployment rates. I'm short until 8:30am EST. Then I'll evaluate market conditions...
  3. mikeriley

    POST Some CHART Images in THUMBNAIL Format Right Here, Baby.

    Just a little over 100 ticks to reach cloned line that was cloned on Tuesday, March 7th.
  4. mikeriley

    POST Some CHART Images in THUMBNAIL Format Right Here, Baby.

    I agree with you, the nutshell portion is how I use "simple" techniques to derive price-time targets. There was a time my charts were filled with lines all over the place, but now after understanding the underlying cyclic structure of markets, I've learned to incorporate techniques that...
  5. mikeriley

    EUR/USD strong support

    Indeed:)
  6. mikeriley

    POST Some CHART Images in THUMBNAIL Format Right Here, Baby.

    easymon1 Remember, the original chart was posted to illustrate how price action makes Sine Wave type structures, and hence why I used a large chart using a lot of lines.
  7. mikeriley

    POST Some CHART Images in THUMBNAIL Format Right Here, Baby.

    I posted another chart so you could better comprehend the trade TRIGGER. Not sure why you keep insisting that anchor A is part of the trade..it's not. ONLY TWO ANCHORS...PRIOR HIGH AND LOW. You keep assuming it's a Low, High and a Low.. No sir..just TWO POINTS..a prior High..and the reversal...
  8. mikeriley

    POST Some CHART Images in THUMBNAIL Format Right Here, Baby.

    There are only 2 areas MARKED on the chart in question. I used an arrow to mark those price levels. You have them correctly marked as B and C. No idea why you chose point A?? ( There's no arrow in that area) I already answered your past questions. But, since I'm a nice guy, I'll give more...
  9. mikeriley

    The most efficient method of trading

    Hi SimpleMeLike, I know in the past you mentioned that reading Trading Books is a waste of time. This is just my opinion.. I take the other side of the spectrum, because I've learned that trading books can be a foundation for trading education. Trading books, or any form of trading education...
  10. mikeriley

    EUR/USD strong support

    My apologies SunTrader, I'm on the June chart. I trade forward after the 1st of settlement month.
  11. mikeriley

    The most efficient method of trading

    Blitzjoker, I appreciate your comments. Just one final point. Planetary motions do not move stocks, it's a timing tool to identify the cyclic nature of human behavior. Human nature that repeats, over, over and over again.:)
  12. mikeriley

    POST Some CHART Images in THUMBNAIL Format Right Here, Baby.

    easymoney, I think you're thinking too hard and making this more complex than it is. Just peruse the EUR/USD chart I posted. Using the Vertex Line, I identified possible price target by measuring from the past HIGH to the LOW. ANCHOR POINTS: Are the DOTS on the Vertex Line that can be measured...
  13. mikeriley

    The most efficient method of trading

    So your strategy is to simply "guess" what level price might reach? I don't think you understand what TA is! There is no TA methodology that teaches traders to "guess". Friend, your statement is the very antithesis of TA No "analysis" needed to guess. Wow.
  14. mikeriley

    The most efficient method of trading

    Yes, it's profitable when I get a signal. Unfortunately for this method signals are slooooow.
  15. mikeriley

    POST Some CHART Images in THUMBNAIL Format Right Here, Baby.

    I learned this from past mentorship and study. (Many trading books) I'll post the references.. Dynamic Time and Price analysis of Market Trends by Bryce Gilmore Mastering Hurst Cycle Analysis by Christopher Grafton (This book is excellent)
  16. mikeriley

    POST Some CHART Images in THUMBNAIL Format Right Here, Baby.

    Yes. See the DOTS interspaced on the line? A trader can measure price movement between the dots. That's one technique, but I personally find the cloned line technique I posted a few days ago works just as well. Trades taken from the LOW. Measured from the past high to identify a target level...
  17. mikeriley

    The most efficient method of trading

    Testing was completed almost 14 years ago. (been fulltime since retirement) It's now in my toolbag as one of my strategies. Edit: Did you read the link?
  18. mikeriley

    The most efficient method of trading

    Yes sir. :thumbsup:
  19. mikeriley

    POST Some CHART Images in THUMBNAIL Format Right Here, Baby.

    It's from Yahoo Charts. It's called the Vertex Line. The charts on Yahoo finance have improved. :)
  20. mikeriley

    The most efficient method of trading

    Just read the following link. https://tallbloke.wordpress.com/2013/02/20/a-remarkable-discovery-all-solar-system-periods-fit-the-fibonacci-series-and-the-golden-ratio-why-phi/ The book was presented implying one should "Do the work" to read, study, research, analyze and practice a methodology...
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