What do you call that blue (dash-dot) line ??
timepass Moderator Feb 7, 2012 #573 Feb 7, 2012 #573 MurAtt said: Extra Cover imo Click to expand... It is not a pitchfork, nor a defined trendline..
MurAtt Well-Known Member Feb 7, 2012 #574 Feb 7, 2012 #574 timepass said: It is not a pitchfork, nor a defined trendline.. Click to expand... Very true BUT if u see it runs exactly parallel and with same extra-cover on both sides of the lower parallels of the pitchfork. A little bit of range extension .. catching false b/d & b/o's.
timepass said: It is not a pitchfork, nor a defined trendline.. Click to expand... Very true BUT if u see it runs exactly parallel and with same extra-cover on both sides of the lower parallels of the pitchfork. A little bit of range extension .. catching false b/d & b/o's.
K Kavima Well-Known Member Feb 7, 2012 #575 Feb 7, 2012 #575 MurAtt said: Extra Cover imo Click to expand... :lol::lol: @ TP It's a parallel line to the LMLH drawn from the low of the bars which overshooted the LMLH.....which is where the support zone can be extended to ..
MurAtt said: Extra Cover imo Click to expand... :lol::lol: @ TP It's a parallel line to the LMLH drawn from the low of the bars which overshooted the LMLH.....which is where the support zone can be extended to ..
MurAtt Well-Known Member Feb 7, 2012 #577 Feb 7, 2012 #577 SavantGarde said: Morgue Code... Dot Dash Dot Dash..... for keeping the bears out Click to expand...
timepass Moderator Feb 7, 2012 #578 Feb 7, 2012 #578 MurAtt said: Very true BUT if u see it runs exactly parallel and with same extra-cover on both sides of the lower parallels of the pitchfork. A little bit of range extension .. catching false b/d & b/o's. Click to expand... aha.. I see. Kavima said: :lol::lol: @ TP It's a parallel line to the LMLH drawn from the low of the bars which overshooted the LMLH.....which is where the support zone can be extended to .. Click to expand... Dekha, aisa samjhane ka na The confusion was also because in earlier charts the blue dash-dot line kept running through the candles.
MurAtt said: Very true BUT if u see it runs exactly parallel and with same extra-cover on both sides of the lower parallels of the pitchfork. A little bit of range extension .. catching false b/d & b/o's. Click to expand... aha.. I see. Kavima said: :lol::lol: @ TP It's a parallel line to the LMLH drawn from the low of the bars which overshooted the LMLH.....which is where the support zone can be extended to .. Click to expand... Dekha, aisa samjhane ka na The confusion was also because in earlier charts the blue dash-dot line kept running through the candles.
SavantGarde Well-Known Member Feb 7, 2012 #580 Feb 7, 2012 #580 SavantGarde said: It's called KTF.....!!! Click to expand...