Recent content by fotheringham

Happy New Year all and thanks for your continued efforts bonsai. Clearly my misguided attempt at calling a FTSE top failed. Thankfully my trading pot has withstood the failure, thanks mainly to dollar weakness. My New Year resolution - predictions (as someone has said) are for weathermen ...

Have sent you a PM, Ken.

Ended up a very profitable day whereas I had feared a sound thrashing. The more I learn the less I know :) Still looks like an illuminating week ahead.

Hmmm... funny old world - ended up adding more FTSE shorts in the 390s.

Hmmm ... Saddam. Just the news I need - not. An interesting week ahead whichever way you look at it though. Market behaviour over the WHOLE week will tell us an awful lot about the future.

Much appreciated bonsai, I'll do a little digging around. One of my previous roles used to involve a lot of statistical analysis and I swung between being fascinated by it and being completely turned off. A link posted on another thread looks potentially interesting...

Looking like the Dax will be next to give the reversal signal with the Dow taking a little longer and ultimately suffering more. I didn't realise until looking through historical charts quite how often the FTSE leads the way at turning points. If I'm wrong I'll be looking for a hostel that...

Indeed. Sorry, I had opened a Dow short prior to the fall and lost my composure - 42 points in under an hour made me wibbly.

And we're off

late 70s? - bloody hell matey, I was at nursery school. Can you let me know which books you have that delve into the subject and whether they're worth acquiring?

bonsai, A very simple introduction here: http://www.harmonictrader.com/whatht.htm Have a dig around the website for a little more info and some specific examples. Also: http://www.kanetrading.com/index.html At first I thought "hmm.. Elliott Wave meets Fibonacci...so what?" but my interest...

I think you're right re the Dow today, hungrybear. Yesterday's range is just too big to reverse in all probability. I'll be patient if I can - it'll happen soon enough.

Anyone use Harmonic Price Patterns (i.e. Gartley, Three Drives) ?

Anyone think today is the day for a Dow key reversal ?

Done what?