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Corn, beans and spring wheat
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jpartner
Posted 1/28/2015 11:08 (#4344605 - in reply to #4344575)
Subject: RE: Back to the DEEP FREEZE next week after this weeks RECORD temps..


dpilot83 - 1/28/2015 09:57

jpartner - 1/28/2015 10:45

2. - Not necessarily.  It may do directly there, walk down  the ML,  or more likely the "A" and  "C" pivots on your chart, price drifted back in to the fork but kept grinding lower.   

Are you referring to a trend line based upon the A and C of the pendulum fork?

The "trendline"  you mention is actually the LML of the modified schiff fork.   That TL is really no different than the LML or UML of a standard fork.  It has the same rules, but I use it sparingly.  If your charting program allows it, create a mod schiff fork which is really moving the "A" point 50% vertically, and 50% horizontally....and apply them to the swings that hagopianed on a standard fork...and or often the first expansion swing after a confirmed trend change and see what you might learn....

Always remember....

"Lines are cool but Market Structure rules"



Edited by jpartner 1/28/2015 11:09
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