Sarala
They are key time x degrees dates which basically offer the possibility of a turn in the opposite direction of the trend.
So take last week for example, for me the stand out date was the 17th and it had price and time working but not properly, so as we kept going lower i focused on friday (21)and actually started re entering smalls thursday, with the possibility of the turn on 21st. As soon as i saw DJIA down BIG on friday morning i knew the probability of friday turning would be very high. hence started buying amidst very tense moments till lunchtime friday but keeping faith in the turn and off to the races we went.
Nothing will seem logical at the time to take the trades but they work very frequently, so i trust them.
So all i can say is watch this dates and the patterns leading into them, because there is a strong chance something will change and the trend will reverse.
SaralaThey are key time x degrees dates which basically offer...
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Last
7,889.6 |
Change
72.800(0.93%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,816.8 | 7,902.6 | 7,816.8 |
| XJO (ASX) Chart |