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To: Galirayo who wrote (9852)1/22/2009 12:21:34 AM
From: jaker  Read Replies (1) | Respond to of 41413
 
Nice chart, As a short term trader I usually do not worry out that far...

My primary concern is tomorrow... So, I like to know tomorrows R&S lines and the odds of there reversals. Knowing those, one can watch for EW turns, patterns channel, trendlines etc. at the lines.

To comfirm that the line calculations are correct... They should show stutter points when they cross. And usually a back test. My calcuations are somewhat off the deep end. The Resistance lines did not change today other than the odds for tomorrow, so you can see how they panned out (today).

So, already the hand has been dealt... tomorrow we play the cards...

h1.ripway.com