FMG 0.45% $22.10 fortescue ltd

Iron Ore Price, page-930

  1. 3,277 Posts.
    upload_2015-7-31_11-43-46.png

    Point B Confirmed $1.945c a 1.635.
    EC $1.79
    EC is PointB + PointA divide 2. or 50% of the last range up which is PontB minus PointA .31c/2 =.155c +$1.635 = $ 1.79

    When PointB is confirmed we go on full alert watching for PointC to be confirmed by the Swing Up. EC is ESTIMATED point C. probly because 80% of trades that fail,do so at or close to the 50% Mark. (any timeframes)
    Last edited by Super Sleuth: 31/07/15
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