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What do I look for...?
Posted: Fri Nov 21, 2008 10:51 am
by Trader Question
The way I'm estimating the week or day for that matter is based on the ET & EB & possibly the Nearby's I quess I'm looking for a definitive way of what to look for each day & weekly
DM
Re: What do I look for...?
Posted: Fri Nov 21, 2008 10:54 am
by pldot
Well let's see.... ET and EB are useful and very important for sure but the nearbys have been created for a reason...
Re: What do I look for...?
Posted: Fri Nov 21, 2008 10:55 am
by Trader Question
I think the format that You gave me should work
1. Type of trading
2. Flow - Su/Re What's Strong and Why
3. PLDot - Pushing of Refreshing
4. Target - of Push - Refresh
5. Range of nearbys - estimate for Day & Week
I quess I just need to work on it more But this format gives me confidence that I at least think I know what I'm doing But some of your questions threw me - such as why did yesterday block where it did?? I don't know why really - I can quess but I don't have a clear idea why - or what I should be looking at.
DM
Re: What do I look for...?
Posted: Fri Nov 21, 2008 10:56 am
by pldot
=====dotted line will form because one encounters resist/support... block level will then form at a or nearabouts an expected level... in lieu of other reasons start with 2-3 pldots back and go from there... in this case you had a quarterly env bot and daily dot crest area...