To Calvo,
Thanks for your kind words. It is encouraging to know there is at least a single person who appreciates the value of geometric charting and is so supportive, so thanks again for the support:)
To cyclichigh,
Thank you for your feedback and kind words. Its really encouraging to hear that your method of sharing with text and no charts has worked very well for you. I'd like to think that sharing of trading ideas and analysis will be a more pleasant experience and is more easily accepted using that approach,if it removes the element of derisory undertones towards a perfectly well intentioned chart that is posted for illustration purposes, never mind whether it is accurate or otherwise. Your approach sounds good, and it is something that I intend to adopt so that there is only the rare chart posted for illustration purposes when absolutely necessary, leaving only text posts in the main. Most times, charts are not necessary, when text will suffice.
Once again thanks for your support and feedback, and for sharing how your approach can deal with the difficulty of posting in an open forum. Cheers!
To Wassup:
Adopting cyclihigh's approach to posting in Hotcopper with text only ( and perhaps the sparingly posted chart now and then ), here's the monthly squared chart that you requested - make it the last squares chart for now, this being the exception because of a definite request from you:) Hope this is chart will be useful to you specifically.
The monthly chart is that of the DJIA with a random sampling of squares that I've plotted. I don't know what your objective was to request a monthly chart, but it will be recommended that analysis be carried out over lower time frames to get more distinct accurate timing. Also, a confluence ( not "co-incidences") of squares terminating within a near time cluster over the time frames of monthly, weekly, daily will be of importance, though you can scale charts to square over all time frames...or use just the daily or intraday squares in your timing.
Have fun with squares...they can be of great help to your profit line in trading:)
dascore
- Forums
- Charts
- squares, squares and future squares....
To Calvo,Thanks for your kind words. It is encouraging to know...
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