The Commodity Trading Forum
is a presentation of
Free
Commodity Chart Service

Commodity Menu
My Charts Menu
Intraday Quotes
Stock Market Data
News for Traders
Weather Maps
Commodity Brokers
Premium Resources
Learning Center
Short Course
Glossary
Trader's Books
Trader's Forum
Live Chat

TFC Home
F.A.Q.
Suggestion Box
Advertising Info.

[ View Thread ] [ Post Response ] [ Return to Index ] [ Read Prev Msg ] [ Read Next Msg ]

Commodity Trading Discussion Forum

Gold *PIC*

Posted By: charleydan
Date: Tuesday, 30 June 2009, at 10:15 p.m.

The .618 @ 961 is still valid.

Broke the lower channel or where -c- waves end. I think still valid. Want to again buy this market. This should bring on a nice impulsive wave pattern to target with a larger -C- wave.

I also put on the chart--baffled---that is a new wave pattern for me. Not sure what to make of it. In time the market will make it quite clear and then I want to committ it to memory and fine tooth comb counting the waves within it. To understand the pattern clearly.

One reason I do not use many different chart sizes. Is that I want to committ to memory what I see. To do that--for me--it is best not to see all sorts of charts. When seeing all sorts of charts my memory starts recalling them and mixing them up. Because our memory has only so much capacity.

When I was a teen ager I threw the paper. I found that at 900 houses was my max. to remember where and when to throw. After that--I started making mistakes.

In trading one has to decide how much they can put in the puter brain. It does not pay to have a low capacity memory and use a high capacity system. Or low capacity system and high capacity memory.

In the one circumstance you short change yourself and do not use your full potential. The other you will create frustration and lose.


If you want to print this message, you might have better results, and waste less paper if you print this printer friendly page.


Password:

Messages In This Thread

 

Post Response

Your Name:
E-Mail Address:
Subject:
Message:

If you'd like to include a link to another page with your message,
please provide both the URL address and the title of the page:

Optional Link URL:
Optional Link Title:

If you'd like to have the option of deleting your post later,
please provide a password (CASE SENSITIVE!):

Password:
Save Password: Yes No

 

 

[ View Thread ] [ Post Response ] [ Return to Index ] [ Read Prev Msg ] [ Read Next Msg ]

Commodity Trading Discussion Forum is maintained by Mike Ritchie with WebBBS 5.00.

To report abuse of this Forum, please send email to: admin1@tradingcharts.com