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Old 01-21-2007, 09:22 PM
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Re: ER2 and the 34ema

Great stuff Tingull ¡¡ one thing I will like to call your atention worth more analisis is on the fact that when you are at the 34 ema area ready to get a reject trade there are clear M `s and W`s patterns being formed.... sounds like market needs to do this types of "come and go" before rejecting the 34 ema... this delta indicator you use, shows it very clear... would be nice if we could understand why does the market do this and exploid the best spot to make an entry on this pattern too... I attach some examples on this pattern... cheers Walter.
Attached Images
File Type: jpg m w on 34 ema reject.jpg (218.3 KB, 31 views)
File Type: jpg m w on 34 ema reject 2.jpg (220.8 KB, 18 views)
File Type: jpg m w on 34 ema reject 3.jpg (223.2 KB, 17 views)

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