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- PipForce_X replied Feb 5, 2007
I would like to hear more about your trading style. Thank you.
Daily Cable Analysis
- PipForce_X replied Feb 4, 2007
I don't think investing is the intent... the intent would be to take advantage of MARKET HYSTERIA and scalp in/out for a quick profit on GSK. May want to consider NVAX too.
Daily Cable Analysis
- PipForce_X replied Feb 2, 2007
Actually, it is. I learned RSI(2) from a stock trader years ago. A study was even done on it. Also, check out the EMA(5) study.
Daily Cable Analysis
- PipForce_X replied Feb 2, 2007
Hey, check out the negative divergence between price and rsi on your chart in 2005!! Looks like history could repeat... I see negative divergence on your chart NOW!
Daily Cable Analysis
- PipForce_X replied Jan 31, 2007
"We are going to keep rates at five and a quarter per cent..." 10 minutes later... "What I meant to say was we are going to keep rates at five percent..." Can you imagine the 'buzz' that would have created?!?!?!?!?
Daily Cable Analysis
- PipForce_X replied Jan 31, 2007
I'll just trade with the candle color from fib dot to fib dot on the weekly. image
Daily Cable Analysis
- PipForce_X replied Jan 31, 2007
Didn't mean for this to happen. Most of the time, I don't plot the % numbers, just the colors because I know what they mean. I consider the levels as "zones". There's a short zone, a buy zone, exit zones and a danger zone. I just know what works for ...
Daily Cable Analysis
- PipForce_X replied Jan 31, 2007
I like to have 0 at the bottom and 100 at the top.
Daily Cable Analysis
- PipForce_X replied Jan 31, 2007
It's kind of neat how the price bounces off of support and resistance and seems to hit the 50% fib each time. image
Daily Cable Analysis
- PipForce_X replied Jan 31, 2007
The price fell from one line to the next. I only need a couple of these a day. image
Daily Cable Analysis
- PipForce_X replied Jan 31, 2007
No offense taken. You probably know more about all this stuff anyway.
Daily Cable Analysis
- PipForce_X replied Jan 31, 2007
Notice after the run up the price pulled back to the 50% fib ( gray ) dot. Then support ( blue ) dots lined up and the price retraced to the 61% ( brown ) dot. Riding the color of the candle usually produces nice scalps. image .
Daily Cable Analysis
- PipForce_X replied Jan 31, 2007
I just tried my best to answer questions. Someone asked about the dots. Then someone asked if they were pivots. No claim of explaining anything new. The color of the 60 minute candle tells me which way the price IS going. I just scalp what I see - ...
Daily Cable Analysis
- PipForce_X replied Jan 31, 2007
You can use them seperately or together. Most of the time they don't line up. I use the lines to trade the gaps. I use the dots to indicate support-resistance channels and breakouts.
Daily Cable Analysis