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Re: Weekly Analysis Scenario
Posted: Thu Nov 20, 2008 12:44 pm
by Trader Question
Type of Trading Daily - C Wave up - Next Congestion Entrance
Re: Weekly Analysis Scenario
Posted: Thu Nov 20, 2008 12:44 pm
by pldot
===c-wave not a type. Dail in TR up... next is EITHER TR continued or congest ent.
Re: Weekly Analysis Scenario
Posted: Thu Nov 20, 2008 12:44 pm
by Trader Question
Type of Trading Hourly - Trend Run up - Next Congestion Entrance
Re: Weekly Analysis Scenario
Posted: Thu Nov 20, 2008 12:45 pm
by pldot
==OK
Re: Weekly Analysis Scenario
Posted: Thu Nov 20, 2008 12:45 pm
by Trader Question
Flow Strenth Monthly Support ===projected to be strong
Flow Strenth Weekly Support - but weakening
Re: Weekly Analysis Scenario
Posted: Thu Nov 20, 2008 12:46 pm
by pldot
===hmmm shows strong upflow at end of last week and this morning...
Re: Weekly Analysis Scenario
Posted: Thu Nov 20, 2008 12:46 pm
by Trader Question
Flow Strenth Daily Support
Flow Strenth 60 min Support
PLDot Monthly - Push Live monthly Turning up
PLDot Weekly Push then refresh - Turning down
PLDot Daily - Push up
PLDot Hourly - Push up - slight down turn
Target Weekly - ET 918 then Refresh to PLDot 897
Re: Weekly Analysis Scenario
Posted: Thu Nov 20, 2008 12:47 pm
by pldot
===and if continues up, then what are the targets then? and similarly below...
Re: Weekly Analysis Scenario
Posted: Thu Nov 20, 2008 12:48 pm
by Trader Question
Target Daily - 914 PLDot Crest then Refresh to PLDot 895- 897 area
Range - Nearbys - Weekly -Resistance ET 918 up then Refresh to Support PLDot 897 & Potential 2-3 PLDots Back at 895
Range - Nearbys Daily - Resistance Pldot Crest 914 - 5/2 down 915 - Wkly ET 91
Daily - Support PLDot 895 to ET 907 - 5/3 up 907.75 - Live 1/4ly PLDot 904 ===(!!!) wrong.)
Re: Weekly Analysis Scenario
Posted: Thu Nov 20, 2008 12:48 pm
by pldot
===general === your are doing the right thing to play out the scenario in your mind before it happens. But you're only envisioning one side of the market and this can lead you into conceptual blindness and an unwillingness to accept what is happening if the market moves against you.
Play out both alternatives and make a judgement about which you prefer, but always know exactly what
things will look like if the alternative scenario occurs... this will be very specific levels not holding and breaking instead, etc, and you will be able to see this at an early stage if you are alert to it.
===also keep in mind the larger picture...don't over emphasize the lowers tp driving the higher tp...