XJO 0.76% 8,084.5 s&p/asx 200

fryday trading, page-127

  1. 880 Posts.
    Good morning Mr Volt..

    I'm very impressed how you have played this qtr, and am still happily learning from the thread.

    Thought i'd show something of interest for those who look at the charts a little different.

    Both charts off the Dax CMC. First Chart is the dax yearly, daily as it is.

    Second chart is where i have cut out the gap, and joined the lows together before the gap was created, as if there was no gap created.

    I am looking if a pattern would be still in play and if trend, support and resistance lines would of existed and been respected. And also, to see if we were at the end or through a pattern.

    If the cut and paste pattern is still at play, could reveal a nice long play, risk/reward with a tight stop.

    gap


    no gap
 
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