Looks like Diamonds broke their resistance. Heading for 110-111.
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Reversal Patterns
- Thread starter gartley222
- Start date
No i was lucky within a few cents.
so you're still long?
Looking at the 50ma I think i will get out when the chart meets it.
Gart
Gart
This post is just a thought, nothing else. Perhaps LU will take a little climb back to the 0.500 Retrace. It seems to like that one if you notice in the chart. It also is a nice wave. I think the overall direction is Down for Lu, but hey if people like to trade it thorugh the up's and downs here's a thought for you.
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flyers&divers
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Gartley222,
Which book would you recommend for studying geometric/fib patterns?
I have just finished with the Dobbs book. It is clearly written, concise, well illustrated.I would highly recommend it to anyone.
Which book would you recommend for studying geometric/fib patterns?
I have just finished with the Dobbs book. It is clearly written, concise, well illustrated.I would highly recommend it to anyone.
ODP looks to be making a top now or soon. A friend pointed out it seems to make its major highs in the beginning of the year. plus I liked the patterns i saw. However i left the exact retracements on the chart because the majority of them are very very close to the fibs i use. Good luck trading to all and thank you to the one's that PM me with the questions I appreciate it.