Nifty Entry ,Exit ,Target levels with Median Line Charts

[LivetoTrade]

Kavima, why is it that you do not assume the middle median will be stiff resistance?

Why not touch the middle median and reverse?

 

[4xpipcounter]

LTT, I'll stab a guess at looking at it through the eyes of her methodology.
Kavima, jump in and tell me wherever I'm wrong.

My thinking is that middle median is resistance. It is so steep that it is also illusive. The market could ride to the 5600's, be contained under the middle median, and then reverse. The whole time the MM was perfect R while the market stayed in an uptrend.

Kavima, why is it that you do not assume the middle median will be stiff resistance?

Why not touch the middle median and reverse?

 

[LivetoTrade]

LTT, I'll stab a guess at looking at it through the eyes of her methodology.
Kavima, jump in and tell me wherever I'm wrong.

My thinking is that middle median is resistance. It is so steep that it is also illusive. The market could ride to the 5600's, be contained under the middle median, and then reverse. The whole time the MM was perfect R while the market stayed in an uptrend.

4xpip, so was my understanding, however, Kavima suggests a possibility of crossing the middle median, going over it too.

 

[achopraa]

4xpip, so was my understanding, however, Kavima suggests a possibility of crossing the middle median, going over it too.

That is probably because of the new Pitch Fork in place (light purple). If you observe, the Blue Future path line is still not closing the new Pitch Fork's MM.

That's my Understanding.

 

[Donmuthu]

what is TTM

Timing The Markets

Check this thread: http://www.traderji.com/equities/65065-timing-markets.html

 

[4xpipcounter]

She's the queen of the fork, so I just come to her class to listen. If according to her views the candle will cross the MM, then it will probably happen.

4xpip, so was my understanding, however, Kavima suggests a possibility of crossing the middle median, going over it too.

 

[Kavima]

17.02.2012 Friday

60 min chart

 

[timepass]

Kavima, what are those three dashed yellow lines near top right ?? The top one near the "confluence", the second one showing 5720 and the third one showing 5675. There is no intersecting line joining them, so is it the beginning of a new pitchfork ??

 

[Kavima]

Kavima, what are those three dashed yellow lines near top right ?? The top one near the "confluence", the second one showing 5720 and the third one showing 5675. There is no intersecting line joining them, so is it the beginning of a new pitchfork ??

I have drawn a yellow PF with the recent swings and parallel lines are the warning lines which are resistances/ targets to the upmove ...This is a projection ,provided price moves with momentum ...The targets will be reviewed based on the price bar moves within the channels.....

 

[Kavima]

21.02.2012 Tuesday

60 min chart