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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: jolox who wrote (35393)5/8/2000 6:34:00 AM
From: Doug R  Read Replies (1) of 79246
 
sb,

Seattle Gap---A technical setup Blake and I worked on together so it's not part of what I feel I should be able to distribute. (Heck...even I'm still waiting for Danfan to send me the refinements he's made on it...)

Peg Line---After a break over the MDTL of a MIMBO the price sets a high upon which to anchor a higher such line.
Not much explanation necessary...just look at several post-MIMBOs and draw the lines...you'll readily see their significance.

RR---Reciprocal Retracement. Previously explained several times on the thread. After IL violation the % drop from the peak to the ACT is the same as the % bounce from the ACT.

There's alot of info in the seminar...alot in the manual too. Everything becomes much easier to recognize and trade with practice and study. Roll up your sleeves and use the stuff on a bunch of charts...there's 10s of thousands of 'em out there...go get 'em...page through the manual (you took notes in class, right?)...you'll see it all on most charts.

Doug R

PS...keep an eye on NXTL this week
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