XJO 1.34% 7,971.1 s&p/asx 200

big daddy's cool hand luke 'moi' wednesday, page-42

  1. 2,607 Posts.
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    Wayward1...thanks for the feedback and sharing.

    I like your 1st 'Range of Control Dates'(I got pretty close with my 'pink' range extensions I drew) and I agree with your comments regarding Fibo extensions verses Fibo retracements; have long regarded this as so and used it. Not too sure of the 'smaller degree' range though but because it falls within the range of the "Dominant Reversal Candle" swing low(Aug.9/11)I assume thats why you rate it as significant.

    Anyway, for the benefit of other readers here's a Chart of what Wayward1 is alluding too(using my 'techniques' as he said)...always better graphically, don't you think! The second Chart is his range dates overlayed on my previous posted "Distribution Dates"...sorry, its a bit 'messy'.

    Hope you don't mind me doing this Wayward1.





 
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