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Weekly chart.......
I made this Weekly chart early this morning but due to unforeseen circumstances, was unable to load it.
Nevertheless, I want to show you in the next 5 Posts how important it is for you to look at the Weekly, Daily, 8-Hourly, 4_hourly and 2-Hourly charts.
Thereafter we will go onto the H1, M30, M15 (BigJoe) and M5.
I am going to be deliberately slow and place one chart every 2 days so that if there are any questions and or suggested improvements, we can make them and all learn from the experience.
This is not only MY Thread - nothing that I know is NEW remember that. I have just learned from other people and are using my unique ability to put thinks together in a different way.
The people that I need to thank, will be mentioned in Post 1 as soon as I have posted his Post, hence my reason for not wanting anyone to Post just as yet, but now you may post with immediate effect.
The first thing you should look at is the bottom indicator and the RED-Arrow indicating that a retrace was imminent. Therefore, the opening with a gap upwards, was not too surprising to me at least.
Also notice the Blue Triangles and tell me what their significance is and why you think I marked them. I am not going to spoon-feed you completely and I want you to think and see what I am seeing.
Best wishes.
__________________
"Risk comes from not knowing what you are doing" The Tao of Warren Buffett.
"Avoiding mistakes, makes people STUPID and having to be RIGHT, makes you OBSOLETE." Robert Kiyosaki.
Last edited by ValeoFX; 03-09-2009 at 08:21 PM.
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