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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Gary E who wrote (26095)6/24/1999 5:44:00 PM
From: GROUND ZERO™  Read Replies (1) of 44573
 
You have it backwards...<g> Forget that... move backwards in time starting with today..... first, we have the most recent high made a few days ago... then moving further back, we have the low made late in the week of 6/7..... bisect that high and low.

Then, from the next previous high made early in the week of 6/7 draw a line to that bisect point and extend that line through today... if you did this correctly, you'll see that today's low touched that line and that line was already at today's low several days ago.....

Tell me if you have it or not..... I know it's confusing at first.....<g>

GZ
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