tag:blogger.com,1999:blog-8305505968390768234.post8034705934461750878..comments2023-08-10T11:39:24.714-04:00Comments on fdralloveragain: TRADING ALERTfdralloveragainhttp://www.blogger.com/profile/03488923148019117760noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-8305505968390768234.post-90198311467239168712009-03-18T09:04:00.000-04:002009-03-18T09:04:00.000-04:00I'm here for the out of the box market ideas. Tec...I'm here for the out of the box market ideas. Technical analysis cannot be an exact science. At best it is only trying to predict the psychology of the market. That is subject to a lot of external events and not just the internal dynamics of the traders.<BR/><BR/>The market can rally quite a bit more for a couple of days, so all you can really do is chose a good entry point for your shorts. Maybe not the absolutely most profitable entry point, but a good one.<BR/><BR/>That said before I enter, I want to see a couple of days of lateral moves so as to assure me that the bulls have stopped running. No lines, no diagonals - just plain simple.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-42892872751813286572009-03-17T20:53:00.000-04:002009-03-17T20:53:00.000-04:00Looks like it's not going to break lower...Looks like it's not going to break lower...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-6408552886948084482009-03-17T16:08:00.000-04:002009-03-17T16:08:00.000-04:00Just one question, does the expected sharp reversa...Just one question, does the expected sharp reversal occurs on the same time frame (time duaration) on which the initial diagonal occurred, or it can take longer?? or less time??"<BR/><BR/>There are no hard time constraints in any EW pattern. There are some guidelines, but they tend to not apply when the major impulsive moves are downward.fdralloveragainhttps://www.blogger.com/profile/03488923148019117760noreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-67113573317468972462009-03-17T15:57:00.000-04:002009-03-17T15:57:00.000-04:00FDR,Maybe your first thoughts of top at 7900 will ...FDR,<BR/>Maybe your first thoughts of top at 7900 will happen.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-51495071368158878972009-03-17T15:48:00.000-04:002009-03-17T15:48:00.000-04:00FDR,Since this broke out to the upside, do you thi...FDR,<BR/><BR/>Since this broke out to the upside, do you think it pretenses more bullishness than you would have otherwise thought?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-61351525364629512272009-03-17T14:38:00.000-04:002009-03-17T14:38:00.000-04:00"Thanks a lot for this lesson. Highly informative...."Thanks a lot for this lesson. Highly informative."<BR/><BR/><BR/>I concur. Thanks FDR.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-31806794390025893962009-03-17T13:59:00.000-04:002009-03-17T13:59:00.000-04:00Thanks a lot for this lesson. Highly informative....Thanks a lot for this lesson. Highly informative. <BR/><BR/>Just one question, does the expected sharp reversal occurs on the same time frame (time duaration) on which the initial diagonal occurred, or it can take longer?? or less time??<BR/><BR/>Thanks.Anonymousnoreply@blogger.com