Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Re: DOW... *PIC*
In Response To: DOW... *PIC* ()

Talk about Alzheimer's...I meant to post this chart showing the demarcation points for resistance and support above the 27000 point. You just add 30 to and progress up the chart. 270...300..330..and the Mac Daddy completion and starting over point of the circle...360 degrees.

You can test these lines by putting them on the chart where there has been past price movement. See if it does anything for you or see if you think it's full of chit. Your choice. For testing into the future, just leave those lines there and see how price reacts to them.

So there they are...waiting for price to come to them. No adjusting to your own bias as to what lines to use. Presuming...as a fool might...that price is going to go that high.

Messages In This Thread

DOW... *PIC*
Re: DOW... *PIC*
Re: DOW...
Re: DOW... *PIC*
Re: DOW...