Chart, page-2311

  1. 16,666 Posts.
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    I`d like to see that system!..Yep the 9 ema/62% Fib entry is pretty good, but we still need to come up with a good exit..the 9 and 13 keeps us in the trend on the dips and we might get 2 or 3 swings higher because of that which is great, but there's still way too much space between the final top and a 9/13 exit. this has been a tough one...the Fib extensions and Bollinger band was a good exit but I`m 50/50 on EWs these days..we need to find something a bit more dynamic maybe like the CBL..or a shorter set of EMA`s 5/9 or something dunno..hmm...

    Actually on that 9 ema/62% Fib, TMG was interesting today, the one hr chart 9 ema was up there and looking ok but the daily was well below..(so the distance between the 1 hr ema and a new high was way too close) that said to me that both the daily chart and the hourly weren't going to make a higher high today. (because most often the daily chart wont make a higher high unless the 9 ema is above 62% Fib there)..
 
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