http://nav-ta.blogsp...ds-1152010.html
Weekly trends - 1/15/2010
Started by
NAV
, Jan 16 2010 12:38 AM
4 replies to this topic
#3
Tor
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- Traders-Talk User
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Member
Posted 16 January 2010 - 06:59 AM
stay barish navver. Good entries were seen at 1150 IMO. I took some amazing one day profits yesterday, closed and started pyramiding in on the short side again later in the day. for some reason the people from TT dont want to post my posts! Might disrupt the powers that be LOL
Good luck.
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#4
SemiBizz
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Volume Dynamics Specialist
Posted 16 January 2010 - 11:49 AM
Weekly Trends are fine for confirmation...
That's not where trend change starts however.
Starts in small time frames and rolls forward.
I see trend change starting with that Nasdaq hourly I mentioned on Arbman's thread.
By the time it is confirmed on your weekly, Nasdaq is going to be down 100 pts or more.
Edited by SemiBizz, 16 January 2010 - 11:51 AM.
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#5
NAV
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- Traders-Talk User
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Member
Posted 17 January 2010 - 11:31 AM
Weekly Trends are fine for confirmation...
That's not where trend change starts however.
Starts in small time frames and rolls forward.
I see trend change starting with that Nasdaq hourly I mentioned on Arbman's thread.
By the time it is confirmed on your weekly, Nasdaq is going to be down 100 pts or more.
Semi,
I understand that . I don't use these signals with SPX or Nasdaq.
These signals are for lazy trend following on very large intermediate timeframes on OIL, GOLD, BONDs and DOLLAR. For intermediate timeframe signals, you need confirmation from the weekly charts, not the lower timeframe charts.
Edited by NAV, 17 January 2010 - 11:34 AM.
