Charts: Trending Instruments

Quote from astral:

Lmao, That is the last thing I'm spending my time on.

Look, yesterdays YM chart.

Same pattern as your Forex chart. Only difference: This was 2mint fractal, your daily. The markets are a geometrical structure combined with russian dolls

Look at the first part of the down sequence

Cause--> Effect


If you'd me to refrain from spamming just tell.
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I get more detailed when jacked up on stimulants. But that kind of detail is not needed when your trading larger timeframes.
 
Quote from Spectre2007:

I get more detailed when jacked up on stimulants. But that kind of detail is not needed when your trading larger timeframes.
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My friend, it's not about the detail. You miss my point.

It's about the market moving the same way time and time again, on every fractal, every market.

I know you probably make enough money, but learning this approach ensures you will never in your life have a losing trade. Yes, this exists. This forum is filled with indoctrinated Drones.

Either way, the fact that you work with price and trendlines, proves you're not like them! :D
 
Quote from astral:

My friend, it's not about the detail. You miss my point.

It's about the market moving the same way time and time again, on every fractal, every market.

I know you probably make enough money, but learning this approach ensures you will never in your life have a losing trade. Yes, this exists. This forum is filled with indoctrinated Drones.

Either way, the fact that you work with price and trendlines, proves you're not like them! :D
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a trendline and support and resistance, the closest thing to imply intent besides tick movements themselves.
 
notice price has no choice but to move in this fashion.


<a href="http://content.screencast.com/media/463cad6b-490e-458c-b32c-307cb19ca52a_e4e7210a-d70e-4e9a-b1ea-ac06782ba068_static_0_0_07132008-113224.jpg"><img src="http://content.screencast.com/media/463cad6b-490e-458c-b32c-307cb19ca52a_e4e7210a-d70e-4e9a-b1ea-ac06782ba068_static_0_0_07132008-113224.jpg" width="1893" height="1028" border="0" /></a>
 
there is a pre sept/october bid up..

we are pretty close to the bottom of the summer trading range, 50% fib level is 1180...and resistance higher up is 1310-20.
 
<a href="http://content.screencast.com/media/2a7aa305-8539-4be5-b45b-688e1bf1f251_e4e7210a-d70e-4e9a-b1ea-ac06782ba068_static_0_0_07142008-112803.jpg"><img src="http://content.screencast.com/media/2a7aa305-8539-4be5-b45b-688e1bf1f251_e4e7210a-d70e-4e9a-b1ea-ac06782ba068_static_0_0_07142008-112803.jpg" width="1897" height="1054" border="0" /></a>
 
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