No Indicator Mumbo Jumbo


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  • ak1
  • 28-Apr-2010 at 11:28 AM
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OK HERE IS MY TRADE FOR TODAY
08:35:04 BUY_LIMIT 1184.50
10:06:43 SELL_LIMIT 1188.50
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  • ak1
  • 27-May-2010 at 11:50 AM
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1079 SHOULD BE A GOOD TARGET FOR THIS SHORT
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  • ak1
  • 27-May-2010 at 12:11 PM
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Redsixspeed is this not a bearish seperating line formed in a 30 min chart this morning

Click image for original size
akchart
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  • PAUL9
  • 29-May-2010 at 6:45 AM
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AK1,
I posted a response to your question about H versus O, L versus O at

5-28-10 short-term trading, Page 9 or 10

http://www.mypivots.com/Board/Topic/5731/-1/es-short-term-trading-5-28-10
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  • redsixspeed
  • 29-May-2010 at 11:27 AM
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AK1;

Yes thats a separating line. The prolbem I have is I don't
show that on my chart. What time est is that pattern...
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  • BruceM
  • 29-May-2010 at 11:58 AM
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Hey Red could you post a link to the thread where you explained that? I can't find it....or perhaps some explaination of it from your candle patterns
Originally posted by redsixspeed

AK1;

Yes thats a separating line. The prolbem I have is I don't
show that on my chart. What time est is that pattern...

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  • redsixspeed
  • 29-May-2010 at 2:14 PM
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Separating Line is a continuation pattern; meaning we should
continue in the same direction of the pattern. The second candle
in the pattern shows the direction...

http://www.mypivots.com/Board/Topic/4072/19/candle-pattern

the 5th post on this page shows the pattern
  • 1
  • redsixspeed
  • 29-May-2010 at 2:24 PM
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If we are in a neutral zone of the move the pattern carries less weight, but the higher the time frame of the pattern the more reliable
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  • BruceM
  • 29-May-2010 at 9:16 PM
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thanks Red...that makes sense
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  • redsixspeed
  • 30-May-2010 at 1:13 PM
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Originally posted by BruceM

thanks Red...that makes sense

=====================================================================
Bruce

Would you look @ the 30min. candle chart from Friday morning
and see if you have that separating line pattern AK1 is talking
about..
There must be a data feed issue somewhere cuz I don't
have that pattern on my chart..TIA
  • 0
  • BruceM
  • 30-May-2010 at 3:53 PM
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I see no such pattern Red......
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  • redsixspeed
  • 31-May-2010 at 6:10 AM
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http://www.mypivots.com/Board/Topic/4072/21/candle-pattern

4th post in this link gives a further explanation
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