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25% 50 % 66% 75% of range are places to look for support or...

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pault150

53 Posts.

08/02/17

08:45

Post #: 22445042
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Originally posted by Change ↑

Hey all, I had a question during the morning thread but thought the aftermarket or weekend lounges are more open to questions. I'm not trying to criticize I'm trying to learn.
It's from MBE today.
Not sure if Oscar is here but Oscar mentioned about midday "50% lower bounce entry for me."
When I looked at the chart at the time I looked at the weekly, daily, hourly and 15 minute and all I could see were consolidation indicators. Small volume around the same price not upping or down much.
I was looking for another uptick like a 50percent Retracement for a solid indicator of turn. I think it was about 12.17

Wow that's a lot of text. I guess my question is what am I not seeing? I'll post a chart after kids in bed from the time.
Any help greatly appreciated, any negativity the wicket keeper has safe hands.

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25% 50 % 66% 75% of range are places to look for support or resistance...... 1st question whats the overall trend...whats the volume plus /minus...... eg big vol on decreaseing ranges = distribution.....needs time to correct.. up or down. roughly 30 days( and part there of) gives movement up or down.....from high or low... divide price by 10......... then x by 30.437....gives atime frame for next h or low. hope it helps .cheers
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