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Snaggleteefs
 

Registered: Oct 2008
Posts: 26

 

02-22-12 05:30 AM

Hi, thanks Mav and all the great contributors. I'm learning the numberline and having a hard time deciding if today's ES numberline value gets a 0 or -1. Based on my levels I have price failing to make an A down, then failing to make the A up, then making an A down late in the day, and then closing within the opening range. Thanks.

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Quon
 

Registered: Jul 2011
Posts: 616

 

02-22-12 05:52 AM


Quote from Snaggleteefs:

Hi, thanks Mav and all the great contributors. I'm learning the numberline and having a hard time deciding if today's ES numberline value gets a 0 or -1. Based on my levels I have price failing to make an A down, then failing to make the A up, then making an A down late in the day, and then closing within the opening range. Thanks.



Hi Snaggleteefs,

One of the lectures posted in the past here mentions that 100 traders will have 100 different number lines, that said, without looking at anything but what you've posted, (and based on Fisher's work) any trend day that confirms an A, (be it up or down) but finishes in the opening range, (again, according to Fish) would be a 0 day.

Hope this is helpful.

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Quon
 

Registered: Jul 2011
Posts: 616

 

02-22-12 05:58 AM

Guys,

Tell me you've been watching CCJ! Look at that price action, (especially given the number lines of late). Great trade on last Tuesday til today, a failed monthly A down all the way up to and above the monthly A up today.

5 day rolling:
+4

up almost 5% today.

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Quon
 

Registered: Jul 2011
Posts: 616

 

02-22-12 02:41 PM

It's early, but looks like the failed weekly A down in the TLT from yesterday still looks good...

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kinggyppo
 

Registered: May 2006
Posts: 5855

 

02-22-12 03:47 PM

reverse split in ung today.

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Maverick74
 

Registered: Mar 2002
Posts: 17364

 

02-22-12 03:49 PM


Quote from kinggyppo:

reverse split in ung today.



Thanks for the heads up on that today!

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