FCX
#1
Posted 19 January 2007 - 03:01 PM
#2
Posted 19 January 2007 - 03:12 PM
tested horizontal support yesterday, where it was bought...many swing traders in this one trading between support and resist.
also, gold plays up
note that the most recent selloff was at the top of the previously unfilled gap...then went down to test H support.
Ted Burge attracts swing traders to names he posts here...FCX has been on the list for a while now -
http://www.tic-tac-d...NEWTODAYBS.html
Ted has spent 3 plus years teaching and daily posting charts showing traders how and at what price levels to buy support and sell resistance until resistance become support..he also uses sma's
note Ted is recently collaborating with Mr. Swing and developed the new site linked above...he also on StockCharts.com public lists where he has been sharing his work for a long time
---------
another example of Ted's potential influence and use of this method is to note that the ECA multi-day advance stalled at exactly the horizontal resist. that he has posted
46.92 has yet to be overcome this week
Edited by hiker, 19 January 2007 - 03:21 PM.
#3
Posted 19 January 2007 - 03:30 PM
#4
Posted 19 January 2007 - 03:36 PM
traders playing the 13 and 60 minute chart...the simplest way to use this method is to follow the path of the 5, 10 and 20 sma's on these time periods
tested horizontal support yesterday, where it was bought...many swing traders in this one trading between support and resist.
also, gold plays up
note that the most recent selloff was at the top of the previously unfilled gap...then went down to test H support.
Ted Burge attracts swing traders to names he posts here...FCX has been on the list for a while now -
http://www.tic-tac-d...NEWTODAYBS.html
Ted has spent 3 plus years teaching and daily posting charts showing traders how and at what price levels to buy support and sell resistance until resistance become support..he also uses sma's
note Ted is recently collaborating with Mr. Swing and developed the new site linked above...he also on StockCharts.com public lists where he has been sharing his work for a long time
---------
another example of Ted's potential influence and use of this method is to note that the ECA multi-day advance stalled at exactly the horizontal resist. that he has posted
46.92 has yet to be overcome this week
Thanks. I have also followed Ted's work at Stockcharts. I do not yet swingtrade. For some reason, FCX chart does not display, along with a few others at his web-site.