nikoschopen 2,824 posts msg #45710 - Ignore nikoschopen |
7/12/2006 11:21:07 AM
The lower Keltner channel on the 5-min chart has finally turned up -- a hopeful sign for the bulls.
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gruender 101 posts msg #45711 - Ignore gruender |
7/12/2006 11:24:22 AM
Niko, you use the 7 bar/period on the 5 min chart for the keltner, don"t you?
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gruender 101 posts msg #45712 - Ignore gruender |
7/12/2006 11:25:33 AM
time for the retest?
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nikoschopen 2,824 posts msg #45713 - Ignore nikoschopen |
7/12/2006 11:28:14 AM
"Niko, you use the 7 bar/period on the 5 min chart for the keltner, don"t you?"
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Yup. And I'm still holding on, hoping and praying that this beast will fly soon. LOL
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gruender 101 posts msg #45714 - Ignore gruender |
7/12/2006 11:33:26 AM
market is looking stronger! ready to make some more profit
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nikoschopen 2,824 posts msg #45716 - Ignore nikoschopen |
7/12/2006 11:34:15 AM
Well, at the very least it's a hopeful sign that the bears couldn't push this beast lower in the last 30 minutes.
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nikoschopen 2,824 posts msg #45717 - Ignore nikoschopen |
7/12/2006 11:39:43 AM
My lofty projection stands at 1277.
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gruender 101 posts msg #45718 - Ignore gruender |
7/12/2006 11:44:27 AM
Close, I estimate 1277.25 to 1277.5. I would be happy with your number or my numbers. LOL
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gruender 101 posts msg #45719 - Ignore gruender |
7/12/2006 11:48:38 AM
there are alot of contracts for sale at 1275.75, I may hold for a higher price?
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nikoschopen 2,824 posts msg #45720 - Ignore nikoschopen |
7/12/2006 11:50:18 AM
Ure correct to point out that 1277.25 is the resistance. But I like to get out at least 1 tick below the mark knowing that it's nearly impossible to bail out right at the resistance.
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