When TA is in harness with support and resistance it is indeed potent. If you want mote than TA and S/R offer you are looking for a free lunch...
The range is from 60 to 90, at least on the September contract. Therefore, a test of 60 is an excellent opportunity to go long. As for what to do...
DB, Am I correct that the possible reversal we see now happening between support at 60 and resistance at 70 would be a kind of no mans land trade...
The accurate NKD beast action continues. The falling wedge did lead to a nice uptrend for Japan and US markets. We never tested 13,000 and took...
Thanks Db, I see that range now you have defined it. I will try and include ranges that I think are in play in the pre market observations....
I don't see the hinge you're referring to, but you've found as a result of your observation a support/resistance level at 80, first by noting the...
Part 2 Observations - First 90 Minutes 6. Price now follows through on all this weakness and drops out of the hinge. A small charge back up...
$USD fell below MA(200), may be forming reverse Head and Shoulders pattern. $XEU rebounded to 50% - 61.8% retracement. Crude Oil, Gold and...
This is good. However, I suggest you avoid looking for entries, particularly if you're going to do it in hindsight. Looking for entries in...
Hi Db, Thanks for this thread and the many others you've sponsored. I've decided to take the plunge and follow your prescribed instruction to...
Darvas spoke in terms of the "box diagonal". In the mid fifties, technical trading was, roughly speaking, totally unknown. Today you see in...
Swings per se have little or nothing to do with trading ops UNLESS THEY OCCUR AGAINST SUPPORT OR RESISTANCE. Didn't want you to miss that. If they...
Steel... It doesn't look like I can give short answers... sorry for the detail. :) Yes, one symbol per chart. I use tick bar charts and...
over a month long price consolidation, watch for breakout above 142.07 BREAKOUT WATCH for possible breakout above 142.07, no resistance in...
My relatively short experience with pattern backtesting, and the disappointment with the ensuing forward testing of these patterns, was...
This is what I found to be useful while surfing TL thread "Trading in Foresight". And guess what, interestingly the price today moved...
3148 to 3150 acting as support per dbs ebook price gets above resistance it can run pretty hard, anyone that follows the rules with supply and...
Hi DB, Thanks for this thread. I've got a question with regard to price bouncing around at a support or resistance level for an extended period...
I use Worden StockFinder for EOD and real time Technical scans of the entire US market. You also can use sources such as Briefing.com, Zacks, and...
Hi, I was wondering if anyone had any advice on how to go about scanning stocks end of day? I am looking to swing trade stocks over a few...
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