Ability to see Signals
Posted: Thu Nov 20, 2008 10:02 am
ES 4000T appears to be playing out D ET & M ET. Daily Dotted line looks strong (at the moment). While the weekly is over the E Top its trying for congestion down.
So I anticipate the 4000T to hold (yes). At 11.30 the two previous bars looked like 'yes' with resistance holding and the flow shifting. Of course until we pass through the DoT its not really 'confirmed'. The current bar is giving me trouble ....OK....its closed as I write this resistance held on close.
I'm more confident seeing 3 bars close in resistance (and have been pinging short). However the first one I miss timed and got slapped around a bit subsequent ones OK. (as an aside I guess pinging should strictly speaking be done on focus not LTP?). I am reviewing (and re-reviewing) *&( on Yes/no and lessons on flow. I'm slowly improving but even with the narrative in the lessons some of the yes's look like no's a bar before and vice versa.
And there you go the 4th bar (4000T) breaks resistance I would have thought making things a No. I still anticipate a turn here somewhere. Keep pinging I guess. Though we are putting new highs.
I always try and keep sight of the HTP context however eventually you need to drop down to the LTP and be proved right or wrong.
N.A.
So I anticipate the 4000T to hold (yes). At 11.30 the two previous bars looked like 'yes' with resistance holding and the flow shifting. Of course until we pass through the DoT its not really 'confirmed'. The current bar is giving me trouble ....OK....its closed as I write this resistance held on close.
I'm more confident seeing 3 bars close in resistance (and have been pinging short). However the first one I miss timed and got slapped around a bit subsequent ones OK. (as an aside I guess pinging should strictly speaking be done on focus not LTP?). I am reviewing (and re-reviewing) *&( on Yes/no and lessons on flow. I'm slowly improving but even with the narrative in the lessons some of the yes's look like no's a bar before and vice versa.
And there you go the 4th bar (4000T) breaks resistance I would have thought making things a No. I still anticipate a turn here somewhere. Keep pinging I guess. Though we are putting new highs.
I always try and keep sight of the HTP context however eventually you need to drop down to the LTP and be proved right or wrong.
N.A.