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Re: Lesson 4
Posted: Thu Oct 30, 2008 8:24 am
by Trader Question
lesson 4 screen 14 Y3
Why not a 5/3 down with a 5/2 up?
RS
Re: Lesson 4
Posted: Thu Oct 30, 2008 8:24 am
by pldot
There is a 5-3 down but it has no relevance as it does not locate near support....
Re: Lesson 4
Posted: Thu Oct 30, 2008 8:24 am
by Trader Question
Lesson 4 Screen 14 Y3
Where exactly did he buy?
RS
Re: Lesson 4
Posted: Thu Oct 30, 2008 8:26 am
by pldot
Text does not say where he bought here, but a reasonable place to buy here would be shown on the attached; the close of weither of those two bars could be justified as a buy, since support had been demonstrated.
Re: Lesson 4
Posted: Thu Oct 30, 2008 8:27 am
by Trader Question
Lesson 4 Sect 1 Screen 14 Y1
I also see a 11 up is that true?
RS
Re: Lesson 4
Posted: Thu Oct 30, 2008 8:27 am
by pldot
Yes, there would be 1-1's throughout, though they are not charted here on these illustrations. Much more on 1-1's in Lessons 6-7.