Hi all, not a lot of time this w/end to post but just did a quick scan & blown away by the quality and range of charts this w/end. Great stuff gents. Cuppla observations.
1. falling knife, loved your charts on awe. Got me googling MM (again) & just a note that some would say the measure of the move is from the high to the low eg 15/4/10 high $2.87 (I also note it was $2.89 on 4/4 but doubt that matters?) and low was $1.92 on 15/5; range = 0.97. this would give projected low of $2.18 (16/6 high) - 0.97 = $1.21 just below your calc & maybe another slight -ive in perception for future?. (Certainly this is not a criticism of your chart just an observation & hope u don't mind?)
2. Love the white trigger lines on that p/f, well drawn; in my (limited) experience a test & rejection off a trigger line often leads to further moves away from trigger; again a potential negative for awe imo.
gj
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weekend charting 30 july 2 october, page-76
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