ES Journal Archive (2011)

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can someone explain what Austin's charts are supposed to be showing, please? Looks like lots of fib lines all over the place but no direction call or target??

Or are the red lines both targets?

thanks
 
All this intervention looks great and the buying will continue til the music finally stops and there is pain to take. Tomorrow will be a let down.
 
Quote from Jestersofmalice:

can someone explain what Austin's charts are supposed to be showing, please? Looks like lots of fib lines all over the place but no direction call or target??

Or are the red lines both targets?

thanks
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I wish he posted the charts smaller. Much smaller.
 
Quote from Jestersofmalice:

can someone explain what Austin's charts are supposed to be showing, please? Looks like lots of fib lines all over the place but no direction call or target??

Or are the red lines both targets?

thanks
More...

I will make them smaller going forward... that is straight off my platform while tapes are live.

There is a free video link (courtesy of Mirus Futures => TraderKingdom) that explains all from Friday 16th post in this thread.

The outside lines are high-odds price magnets for any given session, or in some cases the next morning. Today's overhead objective and yesterday's gap co-join... dual magnets of attraction.

That study is purely a price measurement of where the market wants to trade, higher or lower magnets of attraction
 
Quote from Laissez Faire:

Higher lows and soon higher highs (I hope).

Any takers on the daily high if we take out the opening range high now?
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Are you still short @1200.50?

Do we fill that gap way up there @~1212 from here??
 
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