XJO 0.39% 8,332.5 s&p/asx 200

hctv presents life of investors monday, page-65

  1. 3,132 Posts.
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    Bluesdog . flicking throuh my con notes today, ya now book work= trades=. My wife Margy said give me a demo with that trade, so i went through tha MATHS.
    XJO 4 HOUR CHART .
    TOP=4218
    bottom 4280.====b wave down====
    Makes 38points.

    38x 423.6=160.
    4218- 160 =4158. we hit 4166.

    Note the retracement
    =====61.8% up===4260.

    Blues dog My wifes claim to Fame,First cousin to Mr Paul Batchelor ex Ceo of AMP.
    Myself, i am just a dumb fib trader , but Mathematics gives me a kick.

    Martis prr. nice chart work on the prr blog. Keep it simple top to bottom = needs to blow through the 38.2% target....



    Maxi48.



 
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