AMZN coming back down to attractive levels, but I dont know if the release of the ipad and the resulting murder of the Kindle will lead to more downward price moves...
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pitchforks
- Thread starter racehorse
- Start date
FSYS doing a nice job bouncing off both red and black forks. A long signal is here, but not sure if I want to take it.
Quote from Nexen:
Konviction,
I enjoy your charts, so thank you for taking the time.
Listen, what are the basics on plotting these forks ?
Everytime I add the indicator to the charts, I can't control it, it's like it has a mind of its own.
Thx
Hope this addresses your question, but it seems like you're having trouble plotting the fork lines to the right candles?. In esignal once the drawing tool gets close to the price on the candle I'm looking at, it kind of snaps in place if you will.
Forks cant just be drawn anywhere of course, and if you look at all these post I have, most the forks attach to the highs and lows of candles.
Current holding continue to do well so far:
GRMN + 229
HUM + 402
LMT + 465
TM + 152
VLO + 985
----
Total un-realized pnl today = 1629.32
GRMN + 229
HUM + 402
LMT + 465
TM + 152
VLO + 985
----
Total un-realized pnl today = 1629.32
RIMM is getting interesting.. price is trading along two important lines. One is the red warning line, which is of equal distance from the original black fork..this warning line is confirmed to be a resistance line, but we also have support near the lower blue fork line...one will break.