John Crane Swing Trading Cycles... - page 2
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I just retook another picture. This is as of right now (after market close Friday). Notice the green resistance line is now lower. That's a sign. But time will tell.
Hope this helps,
(sorry my pics are so large, could never do it right)
It looks like the blue dot repainted. That long red candle was below the blue dot in the first chart.
It looks like the blue dot repainted. That long red candle was below the blue dot in the first chart.
That's just the Support and Resistance indicator and yes it does repaint (as do many) but once it's settled it doesn't repaint anymore. Here is an updated pic, taken 1 week later:
You can see that the support held as price moved up this week. So no trend reversal as of yet. We'll see what next week has to bring us.
Happy trading,
Reversal indicators and John Crane "The Reversal Day Phenomenon"
Hi ! What Reversal indicators do you consider reliable ?
ALso did anyone read book by John Crane "The Reversal Day Phenomenon"
Is this book usefull ? I can't find it anywhere and I need it badly
Give me a link of it (working ) or better give my your contacts (e-mail) to
contact you
Best regards
between 2 to 4 days, for reverse
should be most reliable
many cycle indicator give you false hope -- so learn by your own or other experience or the LIMITS are better, otherwise, try for-ever and get NIL
CAn you give a link to book by John Crane "The Reversal Day Phenomenon"
Can you give me a link to book by John Crane "The Reversal Day Phenomenon" and send me it ?