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Old 01-27-2010, 05:08 AM   #3769

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Re: Reading Charts in Real Time
Long one degree smaller


Break even


At 1st target.
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Reading Charts in Real Time-tl-14.png   Reading Charts in Real Time-tl-15.png  
Last edited by Marko23; 01-27-2010 at 05:26 AM. Reason: At target
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Old 01-27-2010, 05:29 AM   #3770

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Re: Reading Charts in Real Time
15m 6E chart
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Old 01-27-2010, 05:37 AM   #3771

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Re: Reading Charts in Real Time
Quote:
Originally Posted by patrader »
15m 6E chart
A 3rd push down is still possible.

It's improbable now.
Last edited by Marko23; 01-27-2010 at 06:23 AM. Reason: Update
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Old 01-27-2010, 05:39 AM   #3772

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Re: Reading Charts in Real Time
At 2nd target


My last example for today.
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Old 01-27-2010, 08:47 AM   #3773

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Re: Reading Charts in Real Time
Quote:
Originally Posted by patrader »
I prefer that the tcl not be parallel and instead converge with the tl.These wedges are also called rising and falling wedges....
Excellent post!

Best Wishes,

Thales
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Old 01-27-2010, 08:52 AM   #3774

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Re: Reading Charts in Real Time
Quote:
Originally Posted by Marko23 »
Long one degree smaller... At 1st target.
You offer a very disciplined and accurate application of the approach - it is easy to keep your losses small and your profits large relative to the size of your losses when you take your cues from price as you do.

That is a great series of charts you posted this morning (for I would say last night!).

Thank you.

Best Wishes,

Thales
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Old 01-27-2010, 08:56 AM   #3775

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Re: Reading Charts in Real Time
EURGBP Update ...


Best Wishes,

Thales
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Old 01-27-2010, 09:07 AM   #3776

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Re: Reading Charts in Real Time
Quote:
Originally Posted by thalestrader »
You offer a very disciplined and accurate application of the approach ...
Thanks for your encouragement. Blowfish and patrader gave me some direction lately. Thanks to them too.

I show these examples mainly as evidence that it can be done in your way or with your method.
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