Recent content by debbie62

there should be enough volatility today for a good trade, intraday or otherwise. My bias for the preopen is to the downside. To be clear though. every trade I enter has a specific stop loss attached to it. If it gets hit, not to worry, another trade will be on the day, on the ES or something...

We might witness a move towards the 1365 area, where a reversal would have higher probability of success

the way I see the ES future moving is up towards thre red line after making a drop to the 1489 area , however, I have a problem with the time frames since I expected a low to have appeared between the 10/4 and the 24/4. Can you explain what may have happened or if mycount is wrong.

An alternate way of explaing why we stopped the move up, here. However, I did expect this to have happened at a higher level.

so if understand properly, you are expecting a move up of around 14 points in the SPX, reaching a top either Monday or Tuesday. This means about 140 points for the Dow,ie at around 13090. This seems to tie with my targets of 13070. However I would not be surprised to see a move to the 13320 area...

more than interesting.

I was wrong. we seem to be going for a AB=CD at the 1.618 rather.

Bez, why do you say normally? Is it not everytime a different date?

Hi Chocolate, sorry to have taken so long to reply to your questions, but here we go. You are correct to say that the numbers, 1.83,1.87 are ratios of price moves. these particular ones are not recognised as significant numbers. the ABCD is a pattern which can have a number of ratios between...

very interesting! Now I understand even less.

as for the first point, maybe we are not, I totally agree. as for the second point, I must admit that I do not understand the question

Am I correct to assume that your B,C,D,e(in blue writing) points are based on time? The fibonacci ratios that go with these look quite unusual, to say the least.

Is this what you are talking about? I would be very wary of putting targets with all this strength around

A small piece of advice, if you permit. Do not trade on hope. Trade what you see, not what you think/want to see.

maybe we are going down