Part of Art of Chart Reading
Summary Wyckoff Up Thrust (a.k.a. Wyckoff thrust, w. thrust) is a terminal pattern for an uptrend. It is not a type of false breakout. ...
Smilingsynic is a long time member of this site. He is a good Emini S&P daytrader. Many members like to learning more about his Five Minute Flip (FMF) concept after ...
Part of Art of Chart Reading The basic types of price movements are just contraction and expansion. It is similar to how we breathe. It cannot be simpler. ...
A piece from Reuters, Anatole Kaletsky: The new long-term bull market ahead, hits the websites today. Someone who has no expertise in trading nor chart reading writes about "breakout" ...
Part of Art of Chart Reading
Many people likes the comfort of guru opinions, especially when that opinion agrees with their own. When the guru opinion, even if it is a ...
Following is the Emini S&P continuous contract with RTH only data. I have marked the days with matching color to the moving averages where ES has tagged. ...
Part of Art of Chart Reading
Summary Measured move is a name given to a highly structured price movement that consists of 2 swings in the same direction with a ...
Downside target is 13500-13800 area.
As I predicted, Nikkei is gunning for another limit down today. =P
Central bankers are itching at this point to intervene again for sure.