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xxDavidxSxx replied Mar 26, 2008Another thing, Notice how neat and clean my charts look? Easy to read and see what its showing you. I'd like to see some of you adopt that idea

. EDIT: Emda, that didn't apply to you. The chart in the link is nice and cleanEURUSD
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xxDavidxSxx replied Mar 26, 2008Its the same median line from the fork I projected in early Feb. Still honoring it I see. And as you can see the 38.2 correction is not a correction to the trend but "with in" the trend. A correction to the trend will break below and move beyond the ...
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xxDavidxSxx replied Mar 26, 2008Its reached a median fork line from a high time frame that lies at 1.5833.
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xxDavidxSxx replied Mar 26, 2008Well price over shot my target by 20 pips. Not bad. And it happened on the exact time bar I projected with the vertical red line. Now we just wait and see what develops. Critical area now. Just don't get trade happy just yet. What ever happens, ...
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xxDavidxSxx replied Mar 26, 2008That was hardly a strong drop and this is hardly a strong rise. It was a 38.2 drop. Thats weak. But at least you weren't trying to short
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xxDavidxSxx replied Mar 26, 2008My mistake, not starts but new home sales. I have my fingers crossed hoping they show improvement like existing home sales did. Then we could see a short opportunity. Edit: but poor new home sales could send price up to the 1.5880 range where a ...
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xxDavidxSxx replied Mar 26, 2008I started by using channels. Then I noticed that its not much different than pitch forks. So I started using both. Then ended up only using the forks.
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xxDavidxSxx replied Mar 26, 2008Welcome to FF I would wait untill after housing starts come out at 10 before doing anything. Over all trend is up and current wave is up, not a smart place or time for short.
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xxDavidxSxx replied Mar 26, 2008Here is target revised based on angle of assent. I got out for the news since were nearing a possible reversal zone. image
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xxDavidxSxx replied Mar 26, 2008Missed that target price by only 10 pips and still following the fork
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xxDavidxSxx replied Mar 26, 2008And we see now how unreliable that was, and the properly drawn trend lines are what gave the direction.
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xxDavidxSxx replied Mar 26, 2008Its true, you can tell some one exactly what the market will do, and never fails, some one will ignore it and get caught the wrong way. I am not here trying to figure out how to trade like most of you. I already know how, and am passing it on to ...
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xxDavidxSxx replied Mar 25, 2008You have to look at daily to find tops. If you look on daily, you'll see it looks like were half way to the 2nd top. It could extend past the last or fall short, either way is common. Even if you don't trade daily charts you need to look at them. ...
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xxDavidxSxx replied Mar 25, 2008I am looking at your top trend line and wondering how you came up with it. You didn't draw it from the peaks established by the price. Here are correctly drawn trend lines. As you can see, the price has not only crossed the trend line but also ...
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xxDavidxSxx replied Mar 25, 20087:50 est jpy news. But market don't need news or a reason to move. Thats just what it does. Move that is.
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xxDavidxSxx replied Mar 25, 2008Here is the pitch fork chart continued. Previous support is now providing current resistance. image
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xxDavidxSxx replied Mar 25, 2008Good post, and in the above chart notice how all the tops are double tops. Be on the look out for that prime short entry when it reaches its 2nd top. I'd stay long for the short term. Watch your pivots
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xxDavidxSxx replied Mar 25, 2008Still looking like this is accurate. The stall in the rally happened at the weekly pivot and also the pitch fork median line. Price is now continuing up. Whats moving the market is technical. All my trades are technical. If I point out fundies, its ...
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