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Picture of the Month
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blu
Posted 1/30/2016 11:41 (#5074769)
Subject: Picture of the Month



 

Mar Corn + Beans + Meal + Wheat

Monthly continuation

http://www.screencast.com/users/chugger

Chugger Chart site

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wsnhmr
Posted 1/30/2016 13:31 (#5074997 - in reply to #5074769)
Subject: RE: Picture of the Month


A little T and A would be appropriate
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RF1
Posted 1/30/2016 13:53 (#5075040 - in reply to #5074769)
Subject: RE: Picture of the Month


SC Ont.
Is it alright if I print off some of your charts for my own use ?
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LongKC
Posted 1/30/2016 13:58 (#5075056 - in reply to #5074997)
Subject: RE: Picture of the Month


Middle Tennessee
Ha! Sicko.
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KevinM
Posted 1/30/2016 14:41 (#5075122 - in reply to #5074769)
Subject: RE: Picture of the Month



SE IL
So we have to supply our own analysis this week huh? IDK but it looks like we are at a decision point in all of them. If we head lower it's not gonna be pretty--and probably not for a while.

Thanks!
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SWOH
Posted 1/30/2016 16:24 (#5075255 - in reply to #5075122)
Subject: RE: Picture of the Month


Kinda what I was wondering. Geez I can't read without letters.
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blu
Posted 1/30/2016 16:42 (#5075278 - in reply to #5074769)
Subject: RE: Picture of the Month




wsnhmr - long -

TnA  huh - you guys are a hoot.

RF1 - help your self - good to hear you think it may be worth it.


Kevin - ohsw - figgered you guys been reading me long enough -
you prolly already know what I would say anyhow

Thanks all

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RF1
Posted 1/30/2016 17:11 (#5075317 - in reply to #5075278)
Subject: RE: Picture of the Month


SC Ont.
Thx. I've always looked at your charts.
Just took a keen interest learning to understand/read charts this year.
I have been trying to make patterns on charts and wanted to try them on some that started in the 90's.
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blu
Posted 1/31/2016 07:05 (#5076277 - in reply to #5075317)
Subject: RF1



 

Hi RF1

Thanks for Your reply.
Good to hear of Your interest in charting.
I hope I've been of some help  in exposing the charts.

Chart patterns are popular among chartists - I think as they are the the easiest to see on the charts.
I like to use Apexes and Rectangle Trading ranges Myself.

But more important - imho - is Price action - and learning how Px acts and reacts
at important areas -  areas of Support and Resist - or on breakouts and false breakoutsl

There are several methods analyists use charts.
Mr Engina is a good example of a complete different method -
and I know nothing about His method -
I suspect tho - it has to do a lot on how Px acts at important areas.

JPartner has shared a lot of His method of charting using Andrews lines.
He himself  states lines are cool but Px action rules

There are several others here that are experts on charts -
and are sharing their expertise at times.
I hope to see more of Their sharing down the road.

I've found that the more time you spend studying  Px action on the charts -
You find that You get a "feel" of whats happening - and thats what makes it work.

If you have an outstanding memory and can keep all that stuff in your head,
You might not need charts

No matter what, it takes time and study.
Good Luck



Edited by blu 1/31/2016 07:09
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RF1
Posted 1/31/2016 09:52 (#5076691 - in reply to #5076277)
Subject: RE: RF1


SC Ont.
What does Px stand for ?
Can you put a chart on with Apexes and Rectangle Trading ?
Here's an example of a pattern that I am trying on a bunch of different charts.




(img014.jpg)



Attachments
----------------
Attachments img014.jpg (116KB - 36 downloads)
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Fishguts2
Posted 1/31/2016 11:30 (#5076882 - in reply to #5076691)
Subject: RE: RF1


Px stands for the sum of the emotions in an open auction-Which is the market-Px is always right
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