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Magix replied Nov 22, 2009I never really looked at it like that, you sir, might just be onto something...
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Magix replied Nov 22, 2009It should play out like this... Up, down, down, up, down, up, up, up, down, up, down, down, up, down. But, that is just a guess...
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Magix replied Nov 22, 2009I wasn't here for the bell ring, so consequently sit flat. I have posted a chart as to how we are playing out with the next possible resistance being the 24SMA on the 1HR chart.... For those of you who took the time to read the previous explanation ...
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Magix replied Nov 22, 2009The Fall in Review... — I am posting this, not as a hindsight play, or to say I played from top to bottom, but more over to give an overall review of the plays, including ranges, and complete with the strategy that I use. Depending on the ...
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Magix replied Nov 21, 2009Not a forever long, nor short...As I must seem to clarify this, almost every time I post...But, I must agree with you here. If you want to use candlestick formations, it would be best to use them in the proper context, like at the end of the cycle. ...
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Magix replied Nov 20, 2009Good morning kiddies! Hope ya all pulled a few overnight! I am glad I wasn't awake for something silly like emotionally exiting on a target, letting the money grow! Weeeeeeeeeeeeeeeeeeeee CHA CHING!
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Magix replied Nov 19, 2009If ya don't mind me asking, could you please post a chart and indicators for your system. Always curious what others are looking at. I am long too, so not thinking ya done wrong, just wondering is all...
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Magix replied Nov 19, 2009Stall line @ the 24SMA on the hourly, same tuff nut to be cracked as earlier.... Above posted chart now in reverse, resistance lines now become support... Hourly break might look really nice, but not hoping for a lot...JUST YET! Muwahahahahahaha
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Magix replied Nov 19, 2009Exited long, +12, will wait to carry the 24SMA on 15m....
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Magix replied Nov 19, 2009I am not saying we are going back to the top of the chart...Really is nothing that says this, we are about to go into DEAD ZONE in 30 mins, really not a lot of volume to carry us anywhere, but support line held, for now... Resistance areas in red.
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Magix replied Nov 19, 2009Yo Mango! Masters....heh....more like master and I wish I was malcomb!

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Magix replied Nov 19, 2009Not sure if you can see, but right @ current is the 1440EMA, on the 15m chart...Might just be a stall, but I will sit and wait for confirmation.
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Magix replied Nov 19, 2009Wasn't telling you to exit, by any stretch... I have set trade rules based on support and resistance..Every time I don't pay heed to them, I quickly learn why I had set them to begin with.
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Magix replied Nov 19, 2009We are right @ resistance...not because of daily price, but because of the line of denial... Throw a 1440EMA onto a 15m chart...I just exited my short, will wait until a cross, breach and hold @ this point. But, Wishing ya the best my friend! GO MAN ...
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Magix replied Nov 19, 2009I still see a little more room down here myself... FWIW, throw a 55EMA line on a 1m chart and see how well it stops price from rising.... Scalpers tool.

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Magix replied Nov 19, 2009You got yer title set as complete idiot...This is what I feel like just reading your post. Cripes man, help a brother out, throw a chart down so I can see what your talking about. PS... No slight intended, just seriously confused...
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Magix replied Nov 19, 2009I think it's the name calling I could do without, and perhaps some chart support instead of ambiguous numbers called. These have no merit, and don't really teach much of anything. But I do agree, like the back n forth Malcomb and myself have going. ...
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Magix replied Nov 19, 2009I took the bite at 1.6648, support off of the 30 min chart, 24SMA line.... It is a gamble as we are trapped below the 24SMA, 1hr chart, need to break and hold this for further upside.
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