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If we look forward to Friday using the Alternate in
the Upper Right(UR) quadrant referenced to Thursday's low we get one path.
If we use a somewhat unconventional quadrant mirror with the green swing
extended into the Lower Right(LR) we get a bearish path. The upper right
could have also been referenced to the green trendline, but some onboard here
would say the Magenta is the correct one for the upside. The LR one is
just a stretch of the imagination or is that imaginative use of Clyde's
tool?
have a good day,
bobr
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
BobR
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx">realtraders@xxxxxxxxxxxxxxx
Sent: Friday, May 03, 2002 3:43 AM
Subject: Re: [RT] 1 minute ES - strong
case for reversal
That tool is one of Clyde's new tools.
It plots a "mirrored V" as well as the gann angles and fib levels. It
will plot referenced to the color of the left trendline(green) which can be
manually or automatically drawn as in a pitchfork tool. It will also plot the
Miner's Alternate(magenta) retracements based on the trendline prior to the
most recent one. Wednesday was one of those perfect trending
examples. Thursday was one of those days where the Alternate captured
the price action better than the Direct or default plot. Colors are user
selectable. (
bobr
----- Original Message -----
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
sunfiles
To: <A
title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx">realtraders@xxxxxxxxxxxxxxx
Sent: Friday, May 03, 2002 12:26
AM
Subject: Re: [RT] 1 minute ES - strong
case for reversal
Bobr,
What is the indicator you plotted here? I use TS2k,
do I have it or where can I download it.
Thanks,
Brian Oliver
<A
href="mailto:sunfiles@xxxxxxx">sunfiles@xxxxxxx
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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
<A title=bobrabcd@xxxxxxxxxxxxx
href="mailto:bobrabcd@xxxxxxxxxxxxx">BobR
To: <A
title=realtraders@xxxxxxxxxxxxxxx
href="mailto:Realtraders@xxxxxxxxxxxxxxx">Realtraders@xxxxxxxxxxxxxxx
Sent: Wednesday, May 01, 2002 3:54
PM
Subject: Re: [RT] 1 minute ES -
strong case for reversal
What you might do Clyde, is put your
fib-gannfan tool on the ES.D tomorrow and see if the ES finds S/R like it
did today. Today was almost unbeleavable.
bobr
<A
href="http://www.oextrader.com/sigma_trader">http://www.oextrader.com/sigma_trader
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Clyde
Lee
To: <A
title=realtraders@xxxxxxxxxxxxxxx
href="mailto:Realtraders@xxxxxxxxxxxxxxx">Realtraders@xxxxxxxxxxxxxxx
Sent: Wednesday, May 01, 2002 11:39
AM
Subject: [RT] 1 minute ES - strong
case for reversal
Might have a bit of a rollover here but
this thing has all the
appearance of a fairly strong reversal of
the downtrend.
Clyde
- - - - - - - - - - - - - - - - - - - -
- - - - - - - -Clyde Lee
Chairman/CEO (Home
of SwingMachine)SYTECH
Corporation email:
clydelee@xxxxxxxxxxxx
7910 Westglen, Suite 105
Office: (713) 783-9540Houston, TX
77063
Fax: (713) 783-1092Details
at:
<A
href="http://www.theswingmachine.com">www.theswingmachine.com- -
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