This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
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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
I read that Gann would sometimes use the higher pivot low in this instance it looks like you have started from the bottom of wave 2 is that the normal place to begin for this type of work? Thanks. Andy
Hi Andy I have run squares off the 1010 low and I think that gave us the early July high.Now looking at August as we had 6 months up so its logical to think that another 6 month cycle to complete the year might be significant.If the Elliott triangle people are correct then it might be a high rather than a low as I'm suggesting
I read that Gann would sometimes use the higher pivot low in this instance it looks like you have started from the bottom of wave 2 is that the normal place to begin for this type of work? Thanks. Andy
ReplyDeleteHi Andy I have run squares off the 1010 low and I think that gave us the early July high.Now looking at August as we had 6 months up so its logical to think that another 6 month cycle to complete the year might be significant.If the Elliott triangle people are correct then it might be a high rather than a low as I'm suggesting
ReplyDeletethis is the tri count I mean,from Daneric http://1.bp.blogspot.com/-rtCtFBzV0ks/TjcLayj3VMI/AAAAAAAAJm0/jfz1zCGu4fc/s1600/wilshiredaily.png
ReplyDeletehttp://chartramblings.blogspot.com/2011/08/blog-post_9352.html
ReplyDelete