ES Journal Archive (2011)

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Quote from ammo:

1293 at appx 6:45 am,then 1290 at appx 8:15 am,you've marked both giving 1290 the 00% start,then 1288 is 100%,then 1286.5 is 1'61,where do you start/stop why 1290,not 1293



Being the zoo keeper hasn’t responded,

The measured target is taken from the first swing break of the HOD/LOD. In the example chart, the HOD was 1293. The first swing break of that high is the 1290.50 tail of the 7:15AM bar.

1293 minus 1290.50 = 2.50 points.

2.50 points X 2.618 = 6.50 rounded.

From the high of day 1293.00, subtract 6.50 for the emg target of 1286.50

It is nothing more than standard fib levels found on any standard charting platform disguised as some secret sauce to appear knowledgeable. Take that as you may. :D
 
Quote from bighorn:

Being the zoo keeper hasn’t responded,

The measured target is taken from the first swing break of the HOD/LOD. In the example chart, the HOD was 1293. The first swing break of that high is the 1290.50 tail of the 7:15AM bar.

1293 minus 1290.50 = 2.50 points.

2.50 points X 2.618 = 6.50 rounded.

From the high of day 1293.00, subtract 6.50 for the emg target of 1286.50

It is nothing more than standard fib levels found on any standard charting platform disguised as some secret sauce to appear knowledgeable. Take that as you may. :D
he sent a pm, got tired of the slaggin he was getting,lot of bitchin n moaning on here last week, hopefully the full moon effect has worn off and we get back to trading,he took the 93 -90 and that was 100% move then did a fib calc and came up with low number,like all ,sometimes it works, sometimes..
 
Quote from ammo:

he sent a pm, got tired of the slagging he was getting,

I miss him so much specially this:

I have my forecast S&P 500 bottom between 450 - 550 before spring 2011

40 or so trading days left until Spring, so I am going to buy a shitload of puts, just in case...

Edit:
Disclaimer: This will be my very last post on the subject, so noone's little heart gets hurt...
 
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