ammo, the second leg is " always diverged " .86 or better on the retrace my shop thread covers it all. this is expansion fib, retail does retrace fib they both work. i want the exit doors marked when these trades start to run. 5.7 is the final exit for the move. the cahuna exit price should also be diverging on the zerolag. you also have a slingshot setup on the spooze. price will return to the money line. s
i' will pretend like i understand,so as not to look stupid, after a day or so, when i can't get it ,i'll come back, better to have some basic understanding before asking questions, thanks shop..what's the name of the thread
60 min apple snax running on fumes. macd is corked and fully diverged island reversal puke. the option lads on ET were buying long call spreads at 700.00 iron maidens and flypaper bull. fail. s
ammo shop link http://www.elitetrader.com/vb/showthread.php?s=&threadid=223293 forex was used for the thread works on all markets. spot forex, futures, equities, options et al. chart structure and diverge is the key to the setup. all slingshots retrace to the money. if price is jumbled up in the 3 emas, it will sling away and come back. just the way it is. s
h and s grease short 5.7 exit at the bottom of the NY session where is all the retail paper parked for the new pending breakout shorts......... s
grease low of ny session taken out trades flat at 5.7 ................................. new pending short breakouts filled. market reversal new shorts are trapped same old. s
CL Nov was trading 92.15 when you posted your hindsight chart, not 92.72. You got a cool time machine there. So you wait until CL drops 60 cents and then post the short.