Not sure which way its going from here but its been trying for almost ten minutes to break a predrawn trendline. How can that be?
there´s also an s/r-area around 1221.75 based on previous high volume, i find those levels very useful
Not sure I understand your question. If your asking why I didnt reverse, I dont do reversals yet. Going with the trend is so ingrained that reversals are going to be tough for me. I do do one countertrend trade when it shows up. Will try to point it out next time it comes up.
You dont see many s/r lines on Jacks charts but he mentions them all the time so I know he monitors them. I track them constantly.
yeah, i guess after a while you learn where they are, i know a lot of areas on ym by heart after following it for 2 months...
i check out this site every day, although you can of course spot most of these areas visually ... http://www.chart-ex.com/chart-index.jsp
Show me where I drew an uptrend channel. A single line is not a channel. I often underline a retrace for an entry point. You seem bound and determined to try and trip someone up for some reason and I will probably start to ignore your posts. You obviously think Jack is a phoney and this is all nonsense so why are you wasting your time here?