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auxesis replied Dec 2, 2010Guys,
please old aux out of the conversation. aTechnical Analysis Fallacy
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auxesis replied Dec 2, 2010berlinwong1, Yes I have. Did you understand FTI's answer to Mark regarding Technical Analysis, i.e. predictive vs. feel? It's all about the way you approach the markets. I'll wait for your answer in July 2011. regards
Technical Analysis Fallacy
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auxesis replied Dec 1, 2010Fwiw....... making note of channeled wave structure and internal timing.
Aux's Asylum
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auxesis replied Dec 1, 2010Not convinced we are bear yet so partial taken on half +13, with stop just above prior high, if the setup is good, high should hold. Will look to add to position once move is developed.
Aux's Asylum
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auxesis replied Dec 1, 2010Let's see if we can get something going south, first order of business is to get below this small consolidation range. fwiw......
Aux's Asylum
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auxesis replied Nov 30, 2010Scalping the range, small partial taken, free ride in profit, for the range top if the market would be so kind. fwiw........ edit add 2nd pic, maybe a clearer understanding why partial was taken.
Aux's Asylum
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auxesis replied Nov 30, 2010Just run across things, daily reading and such. Glad others liked it. regards
Technical Analysis Fallacy
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auxesis replied Nov 30, 2010Dongsky, Great journal, keep up the good work. @ Mamood........ this thing could see 2900 before it's finished, be careful, seems your swimming upstream? regards, a
My trading journey
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auxesis replied Nov 30, 2010little continuation into the bottom support line, fwiw.......
Aux's Asylum
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auxesis replied Nov 29, 2010Got caught looking north for a retest or follow through on the big break open. took a while but rescued successfully, then off to bed. Missed the second wave south.
Regards,Technical Analysis Fallacy
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auxesis replied Nov 27, 2010FX4Newbs, Here's a conversation I had with an old study partner, regarding the above.... it will expand on it. url url regards,
The Element of Time in Trading
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auxesis replied Nov 27, 2010IMHO........ MA's are a whole different discussion, as they are a representation of the average/mean of an historic time period. People like to use them as support/resistance which I disagree, their purpose is in the information derived from the ...
The Element of Time in Trading
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auxesis replied Nov 27, 2010There's times when you can draw a straight trend line and it represents price, but how many times have you seen price go parabolic, when lows or highs start to diverge, can you draw a parabola to show support or resistance? Arcs measure a move where ...
The Element of Time in Trading
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auxesis replied Nov 27, 2010Smaller time frame charts are just a snip-it of the larger charts. The larger charts, 4hr, Daily, Weekly show you the over all direction, or lack there of (Range)....... 5 minute charts are a microscopic view of the larger, they show you the smaller ...
Technical Analysis Fallacy
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auxesis replied Nov 26, 2010From my library, Cowan and Jenkins deal with arcs, circles and ellipses. Brush up on your Pythagorean math when you use arcs, A squared + B squared = C squared C = the arc's radius. Median arcs or median ellipse....... just like action reaction ...
The Element of Time in Trading