Advanced Charting Methods & Ideas

[JJordan]

Trading Ranges

Everyone see's the same chart.....only difference is perspective.

2hr Dow chart:



Truth comes out of error more easily than out of confusion.

~j

[JJordan]

Trading Channels

The easy path?

ES emini 2hr


God doesn't always smooth the path, but sometimes
He puts springs in the wagon.


~j

[JJordan]

channels, con't. Chart of Interest-Ideas

Watching the big picture is helpful.



There are two ways to slide easily through life:
to believe everything or to doubt everything.
Both ways save us from thinking.


~j

[JJordan]

Re: Trading Channels

Great numbers by INTC. markets are irrational- never forget!

ES emini 2hr


Any fool can criticize, condemn, and complain - and most fools do.


~j

[JJordan]

Irrational Markets

The world isn't coming to an end!



Fear not that your life shall come to an end,
but rather that it shall never have a beginning.



~j

[JJordan]

Trends/ Reversals/Continuations

Looking for a short term rally to start? Will also watch
for who sells and promotes selling into comments by
professionals or otherwise.



Chart studies is necessary for successful planning...
Look around, and enjoy God's gifts.

A pint of sweat, saves a gallon of blood.



~j

[JJordan]

Trends/ Reversals/Continuations

The economy looks good to me.
really 2hr chart


Chart update:Actually 2hr chart


He who leaves God out of his reasoning does not
know how to count.


Become a wise trader.
~j

[JJordan]

Trends/ Reversals/Continuations

I've cleaned up this 2hr chart a little.



"I ask the reader to remember that what is most obvious may
be most worthy of analysis. Fertile vistas may open out when
commonplace facts are examined from a fresh point of view."

~j

[JJordan]

Trends/ Reversals/Continuations

Let's breakout!<g>


Nice little move on 120min chart....be cautious,
Scanning weekly charts may expose some winners?

~j

[JJordan]

Trends/ Reversals/Continuations

A follow-up INDU 2hr chart.



Beauty is in the eye of the beholder.

Be wise.

~j

[Mike Condra]

Elliott/Fib Long-term pattern: VNO

VNO is near a point where it could become a Type-2 sell. There is strong long-term fib confluence at 64.5.

Please don't trade VNO based on this post.

[JJordan]

Trends/ Reversals/Continuations

Only fear and greed moves the market not reasoning by
technicals and fundamentals. Those to have
their own misinterpretations of perceived reality.



Blessed is the man who is too busy to worry in the daytime
and too sleepy to worry at night.


~j

[MR]

Re: Elliott/Fib Long-term pattern: VNO

Hi Mike,

Hope you or Jeff don't mind me answering this... but I noticed you asked a Type 2 question, and since that is my forte, I thought I would try to help.

Mike, I think you might want to be careful taking a Type 2 sell yet on VNO. Give the oscillators a little more time to build better divergence.

Based on the pattern I don't think this last leg up since May is over. If it were to dip back down here at the 64.5 area, I strongly suspect it will be bought up again. I don't think the top is in place yet.

A couple ideas, use the weekly W3 MOB as a near-term guide; use the lower end of the daily w5 MOB as a short-term directional (stronger above/weaker below).

Hope this helps.

Marc Rinehart
(former eSignal/Advanced GET support)

Originally posted by Mike Condra
VNO is near a point where it could become a Type-2 sell. There is strong long-term fib confluence at 64.5.

Please don't trade VNO based on this post.

[MR]

Mike,

Wanted to update with a VNO daily chart and comments written on it for you.
To better clarify visually previous VNO comments.

Marc

[JJordan]

Trends/ Reversals/Continuations

Reversal and continuation patterns:



After the breakout


A person starts to live when he can live outside himself.

~j