back start next


[start] [1] [2] [3] [4] [5] [6] [7] [8] [9] [10] [11] [12] [13] [14] [15] [16] [17] [18] [19] [20] [21] [22] [23] [24] [25] [26] [27] [28] [29] [30] [31] [32] [33] [34] [35] [36] [37] [38] [39] [40] [41] [42] [43] [44] [45] [46] [47] [48] [49] [50] [51] [52] [53] [54] [55] [56] [57] [58] [ 59 ] [60] [61] [62] [63] [64] [65] [66] [67] [68] [69] [70] [71] [72] [73] [74] [75] [76] [77] [78] [79] [80] [81] [82] [83] [84] [85] [86] [87] [88] [89] [90] [91] [92] [93] [94] [95] [96] [97] [98] [99] [100] [101] [102] [103] [104] [105] [106] [107] [108] [109] [110] [111] [112] [113] [114] [115] [116] [117] [118] [119] [120] [121] [122] [123]


59

4598

4215 4148

4065

reversing s

3998

ST0C5"3"1

XK= 49 XD= 49 D=8496 0=4852

H=4961 L=4850 C=4B52

Figure 27 0405. Prices move lower. The daily oscillator, now at 56%, begins to turn on 0406. Prices now stand at a retracement of a retracement, a Fibonacci enigma, which often indicates another possible congestion. 1 move my reversing stop to 4062, just above the high of the inside day of 0406.



xK= 58 yJ)= 58 D=0411 0=4070

H=40?B L=4B56 C=40&4

Figure 28 Friday 0407. Im simultaneously stopped out of my short position and am long this day, as the high fills my reversing stop at 4062. Ive lost 6 points on the original trade. On Monday, 0410, there is another blowoff day and prices close higher. The weekly oscillator is stair-stepping, so I figure Id better get out as soon as possible. 1 place an exit sell stop at breakeven and get out at 4070 on Tuesday, 0411.



Trading By The Bool< -

Part !V

4450

-16 yJ)= 16 D=0428 0=3959

H=3975 L=3934 0=3948

Figure 29 The weel<)y oscillator stays flat until it turns down on 0428, which is caused by falling prices and a strong gap breakout to the downside. Since Ive had no previous signal bom the weekly oscillator, Ive had no basis for entering a trade. Additionally, the daily oscillator was well into the oversold area due to the breakout. Ill have to wait for another opportunity.



[start] [1] [2] [3] [4] [5] [6] [7] [8] [9] [10] [11] [12] [13] [14] [15] [16] [17] [18] [19] [20] [21] [22] [23] [24] [25] [26] [27] [28] [29] [30] [31] [32] [33] [34] [35] [36] [37] [38] [39] [40] [41] [42] [43] [44] [45] [46] [47] [48] [49] [50] [51] [52] [53] [54] [55] [56] [57] [58] [ 59 ] [60] [61] [62] [63] [64] [65] [66] [67] [68] [69] [70] [71] [72] [73] [74] [75] [76] [77] [78] [79] [80] [81] [82] [83] [84] [85] [86] [87] [88] [89] [90] [91] [92] [93] [94] [95] [96] [97] [98] [99] [100] [101] [102] [103] [104] [105] [106] [107] [108] [109] [110] [111] [112] [113] [114] [115] [116] [117] [118] [119] [120] [121] [122] [123]