The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (8250)	6/3/2008 5:40:13 PM
From: LTK007	Read Replies (1) of 71454

Yup, the hypocrites:) A clarification of the 3-knock rule, Just wrote this elsewhere. <<Actually the third knock rule states the 3rd Knock establishes the inevitable direction(in this case down) so we can knock again. Max>> p.s. The rules goes, the 3rd knock, be it at support or resistance, indicates strongly the direction the market is going. So as with bottoms, double bottoms are bullish, triple bottoms are bearish, or as double tops are beaish, so triple tops are bullish, this also applies to levels established as a strong support or resistance line when battling within a trading range.

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