sharetrader
Page 2 of 20 FirstFirst 12345612 ... LastLast
Results 11 to 20 of 198
  1. #11
    Senior Member
    Join Date
    Oct 2004
    Location
    , , .
    Posts
    989

    Default

    this is my longer time frame analysis

    2008 low somewhere around 10000 mark

    sharp rally in 2009 retracing a fair chunk of this decline

    2009 - 2012 will challenge 10000 again

    pretty grim stuff but thats how its looking

    however short term its maybe time for a rally back to 12000
    Last edited by dumbass; 26-06-2008 at 04:04 PM.

  2. #12
    Senior Member
    Join Date
    Oct 2004
    Location
    , , .
    Posts
    989

    Default

    market at a key level

    time to position for another short in my opinion

    if 1261 pivot doesnt hold then were back down to new lows, if holds rally may limp higher

    short if we get a close below 1261

    financials are breaking down if techs dont save the day then were back down .

  3. #13
    Senior Member
    Join Date
    Oct 2004
    Location
    , , .
    Posts
    989

    Default

    sp 500 breaking down

    lower border of bearish wedge under pressure , a close below pivot 1261 will

    confirm next wave lower

  4. #14
    Senior Member
    Join Date
    Oct 2004
    Location
    , , .
    Posts
    989

    Default

    i think the next significant event may be breakdown in equities

    check out the h1 1260 pivot on the sp 500 arco , it must give way soon

    and then were off to test new lows with what looks like maybe a stronger yen

    of course just an opinion

  5. #15
    action-reaction arco's Avatar
    Join Date
    Dec 2001
    Location
    AUD.NZD
    Posts
    2,877

    Default

    Hi DB

    Nice BF on SP....target boxed below.

    Possibly need to close that window - which also appears on the 4h
    Whereas a great deal of emphasis in candlesticks is given to reversal patterns, a window is considered a continuation pattern. In other words, trading is highly probable to continue in the same direction after the window as it did before it.
    Last edited by arco; 22-08-2008 at 12:03 PM.
    ___________________


    ___________________

  6. #16
    action-reaction arco's Avatar
    Join Date
    Dec 2001
    Location
    AUD.NZD
    Posts
    2,877

    Default

    Gaps act as resistance or support.

    Heres a gap diagram showing the window being closed and acting as support. If comparing the SP chart - turn this diagram upside down and the gap will act as resistance.

    ___________________


    ___________________

  7. #17
    Senior Member
    Join Date
    Oct 2004
    Location
    , , .
    Posts
    989

    Default

    that would make a great short entry, if that gap is closed would take you up to test

    polarity on lower wedge boudary.

    heres hoping

  8. #18
    action-reaction arco's Avatar
    Join Date
    Dec 2001
    Location
    AUD.NZD
    Posts
    2,877

    Default

    .

    Perhaps circa 1290 where 2 TLs meet, and also closing the gap.

    Nothing better than if a plan comes together......

    Plan the trade - trade the plan

    arco
    Last edited by arco; 22-08-2008 at 01:22 PM.
    ___________________


    ___________________

  9. #19
    Senior Member
    Join Date
    Oct 2004
    Location
    , , .
    Posts
    989

    Default

    wanted to share this one with you

    not too excited until takes out 1260 but nice entry

  10. #20
    action-reaction arco's Avatar
    Join Date
    Dec 2001
    Location
    AUD.NZD
    Posts
    2,877

    Default

    HI Db

    I'm not trading that currently although it is available on the ODL
    platform, but I don't have an account with them at the moment.

    Looks like the plan came together......

    rgds - arco
    ___________________


    ___________________

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •