2 replies to this topic

[eminimee]

..when I first posted when hgx bounced off 210. . . I had a tough time myself but it's looking very possible.





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[Tor]

..when I first posted when hgx bounced off 210. . . I had a tough time myself but it's looking very possible.





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I was bullish!!! Good trade that one!!!

[Mr Dev]

Nice work T, Here's been my thoughts. The pattern is already showing up in many different places....,,observing this has caused me to pause and reflect more than once. The result,.. I tell myself,...I'll take that pattern after a substantial down move in price,...but "NO" not at or near TOPs, which is what I see on many other charts! How can this pattern be,... at a top in price? Because it's not in price,.. it's in the oscillators! I often expect this type of formation in these areas of price, to create or have created an expanding triangle in price which I still consider st bearish. I think some of us may already be seeing or suspecting this. However, I don't use it primarily to base my trades, usually something else is either already showing up or starting to. So as volatility increases, keep it in context to position accordingly! Best

Edited by Mr Dev, 05 June 2007 - 08:34 AM.