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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Last
8,075.7 |
Change
87.800(1.10%) |
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Open | High | Low |
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