Or will we see a longer term 50% fib retrace....
anytime soon.
Which will we see first: 204.53 (00.0%) or 217.47 (50.0%)?
Dr. D.
anytime soon.
Which will we see first: 204.53 (00.0%) or 217.47 (50.0%)?
Dr. D.
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DislikedQ is this data reliable? I have quite a few pivot line indicators each showing different Pivot line for daily or weekly or so and different S/R levels. I'm actually totally confused.
I use them seldom but I know they are useful when combined with fib levels and very interested to start to use them ... but I don't know which of these data or indicators are reliable. I see every site or every indicator gives different output.
for example the daily R3 is 212.71 in your .pdf file but mine is 212.04 ... they are not even close to each other and so are other S/R levels totally different ...
I'm so confused about these levels and don't know what to do.Ignored
DislikedBasic formulae to calculate Pivots on any TFs are as follows:
R3 = H + 2( Pivot - L )
R2 = Pivot + ( H - L )
R1 = ( 2 x Pivot ) - L
Pivot = ( H + L + C ) / 3
S1 = ( 2 x Pivot ) - H
S2 = Pivot - ( H - L )
S3 = L - 2( H - Pivot )Ignored
DislikedI think I am going to wait till DOW closes before entering a short for 50% retrace. This thing is correlating to DOW pip by pip so if any retraces comes it will be after DOW closes and possibley around ASIA session imoIgnored
DislikedWhat about pivots points for sessions like new york, london, asian?Ignored
Dislikedhttp://img212.imageshack.us/img212/3374/gatrdi3.jpg
hi guy's..just my personal view i see.. Gartley bearish pattern.. in H1 gjIgnored
DislikedI see it too but it's not an ideal pattern, it needs to go a bit higher first, we'll see.Ignored
Dislikedthat mean karmo...u see...ideal pattern ...is butterfly... 'D' price at 211.91...u mean that karmoIgnored
Dislikedaround that area and then we might have a good retracement of maybe 200 or so pips before resuming uptrend, but let's just watch the chartsIgnored
Dislikedwhats your retrace target ? not able to comprehend from your chart.Ignored
DislikedI've read several times here people mentioning that price is below the daily gann etc.. FYI the price being below the gann without the QQE cross it is useless bcz price can easily go back above the gann, i'm just talking from my experience with these indicators. Just felt like mentioning it.. so pay attention to that next time and you'll get what I mean.Ignored