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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj

Sunday 20 February 2011

copper

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3 comments:

  1. wave lover21 February 2011 at 01:50

    hi there,

    I wish you ask you about the chart for COPPER. you have mentioned 180 days... and 25 % res & 66% res .... what do you actually say on this chart... ???

    i dont this gann..... i know only little bit of EW theory ... still working on ...

    you are specialized in chart pattern , EW , Gann...

    i love watch your blog for interesting analysis.

    regards,
    Alex

    ReplyDelete
  2. Chartrambler21 February 2011 at 02:13

    Thanks Alex for the kind comment.All I am trying to say is that there is price resistance(33 and 66% resistance are Gann resistance)and a time cycle (180 days,a Gann cycle)plus a bearish macd cross.All we need to confirm a reversal is pattern eg a lower high,a gap down,ma cross or whatever signal you care to use that fits your risk parameters.

    ReplyDelete
  3. Chartrambler21 February 2011 at 02:18

    see also earlier post 17th Feb

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