fair enoughbut i was actually hoping to see a chart...in that...

fair enough

but i was actually hoping to see a chart...

in that sense, mine is in gross error

only just realised it, too

been pouring over what the heck price was doing inside 93cps, basis 23/09/11, and the answer is here

"adjusted prices"

they're to do with rights issues

always get me, always always and again today

cut my losses, will have another look tomorrow

sorry to pee on your chips, grudgy

be a good sport and throw us a bone mate

was a bit narky of me, shags

still interested in seeing what you see

anyway, here are the adjusted and unadjusted prices

unadjusted



adjusted



one possible way to trade is basis ta to back up the fundamental analysis

to each their own, but a system does help...

with adjusted prices, i'm looking for anything resembling a trend change at or near current prices

it appears that may be what's happened at the close today with the very large closing volume and intra-day macd divergence

can it trade lower?

of course, but by way of ew analysis on adjusted prices, a scourge that they are, the next place for a stop loss might reasonably be under 72 cps basis the concept of wave 4 not trading into the price territory of wave 1 which on the adjusted chart is at 72 cps

IF PRICE TRADES BELOW 72 cps then something else's going on

what could that be?

the count for three waves up to 270 is clearly wrong, which happens, and as uncomfortable as it may be, the default view has to be entertained

what that proposes is that there have been a completed five waves up, not three, and that price can come all the way down to the base of the five up.....

so for my money, which it is, 72 cps must hold

if it doesn't then the gap at the end of april 2009 is fair game

how to trade this?

not allowed to say, but i'm pretty clear about one thing

it is that fair dinkum technical analysis on how-to-trade based on solid technical analysis (which is often wrong and must be accounted for in a trading plan) remains sadly lacking in many threads

so give over, grudgy

enough of the fair talk

lend a hand, sir