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JEFF; thank you for clarifying.
Best wishes,
Chas
====
On Thu, 18 Sep 2008 21:58:36 +0800
"Jeff" <jharteam@xxxxxxxxxxxxxx> wrote:
> Hi Charles:
>
> This is the same 60-min Spot Gold chart I have sent out
>earlier on. The
> only thing I added is the THICK black downward sloping
>fork; which is the
> same one on the Daily timeframe. The 60-min steel blue
>upward sloping fork
> shows price actions have already decisively punched
>through it to the upside
> and now its upper median line is acting as support and
>longs should be
> committed at or near it's upper median line. But the
>Thick black downward
> sloping pitchfork suggests we are nearing its upper
>median line and shorts
> should be committed once price actions reach the level
>of its upper median
> line. Hence, we are really at a 'make or break' point
>here and waiting for
> price actions to confirm the validity of ONE of the
>forks. Hope this helps
>
> Note: time line (red verticals) suggests we still have
>a bit of time to go
> before any meaningful trading decision can be made.
>
> Have a good one
> Jeff Harteam
>
> -----Original Message-----
>From: realtraders@xxxxxxxxxxxxxxx
>[mailto:realtraders@xxxxxxxxxxxxxxx] On
> Behalf Of Jeff
> Sent: Thursday, September 18, 2008 9:40 PM
> To: realtraders@xxxxxxxxxxxxxxx
> Subject: RE: [RT] RE: Gold
>
> Hi Charles:
>
> Please take a look at Carsten White upward sloping fork,
>yesterday's
> powerful up move has punched through the Median Line, it
>is called a zoomed
> bar; and after a zoom; there should be a re-test of the
>Median Line (which
> is what the intraday price actions are doing at this
>point in time (either
> this is a continuation triangle to the upside OF a
>triangle top). If it is
> a triangle top; then price actions are respecting MY
>Downward Sloping Daily
> pitchfork; as the extreme high of yesterday's up move
>was stopped dead on on
> my downward sloping upper median line. Charles, RIGHT
>NOW is the 'make or
> break' point of any new up trend. Hope my explanation
>is helpful to you.
> Let me know if you need more info about this
>please..Take care.
>
> Have a good one
> Jeff
>
> -----Original Message-----
>From: realtraders@xxxxxxxxxxxxxxx
>[mailto:realtraders@xxxxxxxxxxxxxxx] On
> Behalf Of c.l
> Sent: Thursday, September 18, 2008 9:21 PM
> To: realtraders@xxxxxxxxxxxxxxx
> Subject: Re: [RT] RE: Gold
>
> chas,
>
> each line a lower or upper or medianline is an price
>attractor.. so if price
> climbes above a line like the medianline. the nbext
>target should be the
> upper line.
> of course that happens only in 80% of the cases (
>according to dr. andrews)
> so you should also know what can happen if price doesn't
>go to the next
> line.
>
> but i guess the other could explain it in bettter
>english then i do ...
> maybe it helps for the beginning
> carsten
>
>
> ----- Original Message -----
>From: "chaze" <chaze@xxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Thursday, September 18, 2008 3:08 PM
> Subject: Re: [RT] RE: Gold
>
>
>> ML Guys-
>>
>> Please, I'm a little confused. Exactly where is the
>>'make
>> or break' point for any
>> new uptrend. The Lower Medium Line; or the Middle
>>Medium
>> Line? Thank you.
>>
>> Chas
>> =====
>>
>>
>>
>> On Thu, 18 Sep 2008 18:54:27 +0800
>> "Jeff" <jharteam@xxxxxxxxxxxxxx> wrote:
>> > Hi Carsten & traders:
>> >
>> > Intraday charts have already tested and are still
>> >testing the Daily Median
>> > Line at around 868.5 ~ 870.0; intraday pattern is in
>>the
>> >making but has not
>> > been resolved yet. It is important to note that both
>>my
>> >Daily upward
>> > sloping fork and yours have NOT been tested of their
>> >validity yet. All the
>> > same, thank you for you contribution and insight.
>> Price
>> >Actions and Babson
>> > Action/Reaction time line will point to a resolution
>>of
>> >the current posture
>> > of Gold. I will post some intraday charts later once
>> >pattern starts
>> > showing up. Take care.
>> >
>> > Have a good one
>> > Jeff Harteam
>> >
>> > -----Original Message-----
>> >From: realtraders@xxxxxxxxxxxxxxx
>> >[mailto:realtraders@xxxxxxxxxxxxxxx] On
>> > Behalf Of c.l
>> > Sent: Thursday, September 18, 2008 6:13 PM
>> > To: realtraders@xxxxxxxxxxxxxxx
>> > Subject: Re: [RT] RE: Gold
>> >
>> > hi jeff and all the others,
>> >
>> > i have put in also a new up fork and we have already
>>got
>> >the first target
>> > the medianline.
>> > so we could see a retest of this white ml after this
>> >zoom bar. next target
>> > would be the white upper mlh.
>> > since we have seen a new swing high above the high
>>from
>> >28.8.08 we are in a
>> > new uptrend.
>> >
>> > otherwise ( and the ma50 is still falling) we could
>>see
>> >a drop below the ml
>> > and i guess that would mean we have not seen the lows.
>> > then i would lavbel this upmove as a P4 and we still
>> >have to see a P5.
>> >
>> > good luck
>> > carsten
>> >
>> >
>> > ----- Original Message -----
>> >From: "Jeff" <jharteam@xxxxxxxxxxxxxx>
>> > To: <realtraders@xxxxxxxxxxxxxxx>
>> > Sent: Thursday, September 18, 2008 5:13 AM
>> > Subject: [RT] RE: Gold
>> >
>> >
>> >> Greeting Traders:
>> >>
>> >> Gold yesterday's powerful up move was caused by an
>> >>intraday Butterfly
>> >> Harmonic pattern; currently, the rally of Gold is
>>halted
>> >>by a downward
>> >> sloping Daily pitchfork; possibility of another down
>> >>move is at sight in
>> >> response to the said Daily pitchfork. The overall
>> >>long-term posture of
>> > Gold
>> >> is one of bullishness as depicted on the Daily chart;
>> >>this upward sloping
>> >> fork has NOT been tested yet of its validity. A
>>decline
>> >>to its Lower
>> > Median
>> >> Line would be an ideal setup to monitor of its
>>validity
>> >>and act
>> > accordingly
>> >> for the bullish scenario. Attached is the 60-min and
>> >>Daily spot gold
>> >> charts. Take care.
>> >>
>> >> Have a good one
>> >> Jeff Harteam
>> >>
>> >> -----Original Message-----
>> >> From: realtraders@xxxxxxxxxxxxxxx
>> >>[mailto:realtraders@xxxxxxxxxxxxxxx] On
>> >> Behalf Of chaze
>> >> Sent: Thursday, September 18, 2008 8:55 AM
>> >> To: realtraders@xxxxxxxxxxxxxxx
>> >> Subject: [RT] gold
>> >>
>> >> Ben-
>> >>
>> >> Any chance we can view your gold charts? If this is
>>a
>> >>sub
>> >> that's OK; I understand.
>> >>
>> >> Best regards,
>> >> Chas
>> >>
>> >>
>> >>
>> >
>> >
>>
>>
>> ------------------------------------
>>
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>>
>>
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