Def. some resistance here..

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Gunna be a good game. Can't look away. image update: went short @ .3844 w/ tawt SL

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Just hit my .50 fib @ 1.3848.. waiting.

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Man I've been like a sniper all month waiting for that Gartley/AB=CD on the daily to fall. Been shorting the heck outta it the last day. Looks as though there's still plenty of room to move down further.

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I'd say a counter-trend has started at least. AB=CD on the daily.

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hey Gator, can you explain a little what you mean by that? (im still learning) Thanks

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Feels good to know my TA is on the right path. That .3333 level has a couple fib convergences along with early Aug's highs. My TP2 level right now.

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Short @ .3820 SL @ .3860 TP1 @ .3778 TP2 @ .3670

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I know what you mean Paul

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lol Tunnel Thru the Air between 'em

Holy Grail Exposed - Rookies dont have to search its all here!

I dont like to use MAs and the OP has stated he's against it too. What Wild Dog descibed is the basics of the Moving Average Convergence-Divergence indicator, with slower signals.

The concept of "trend" which I cannot grasp

Awesome monthly chart! We're definatly approaching some big s/r levels in the coming months. I'm very interested to see if PA will hit your blue box that fast or if it'll slow down first. I am looking for a peak around 1.43. I say that bc straight ...

The concept of "trend" which I cannot grasp

ABCD Completed — Counter-trend time?

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qft

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Weekly art — Weekly: This is what I've got.. continuation of this upmove till around the end of the year which it'll hit some nice resistance. I'm still learning but does this make sense?

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Sorry for any confusion Dan, I ment to say that the more time frames that support the start of a trend, the more odds are on our side to get in to a low risk/ high profit position since the start of the trend is the sweet spot. Case in point, the ...

The concept of "trend" which I cannot grasp

Heres the chart art you can see the downtrend line from the first chart in the 2nd.

The concept of "trend" which I cannot grasp

Ok so we can say that we're in an overall downtrend. Here's a weekly chart I attached, we've got lower highs (and lower lows which I dont really care too much abt). So this daily uptrend I'm looking at is just a retracement to this weekly downtrend. ...

The concept of "trend" which I cannot grasp

Ya it looks as though this downtrend is retracing that huge uptrend move.

The concept of "trend" which I cannot grasp

I agree, that retracement would be an uptrend.

The concept of "trend" which I cannot grasp