Wave59 Technologies

Forgot to add earlier that 1940 level on ES is key for now. No need to guess and jump in too early in front of freight train. If ES can give a daily close above 1940 and then fail to make new lows on following decline - odds will be with the move to new highs, and there will be plenty of points to b...

Hi Baha,

This decline has most likely ran it's course. Not saying it will be very smooth ride higher, but when this type of correction is complete,
it does target move to new highs, 2175 - 2200 seems doable. If we do indeed go much higher - most will be caught off guard.

Simon

Well done DIrk, thanks.

Simon

Hi Joseph, Not until just now when I read your post something occurred to me - "Build using 1 min. bars" was enabled on one of my charts but not the other, and that's where different opening prices came from, once I changed second chart to build with 1 min bars - both charts display same Action Zone...

Hi Earik, I see this quite often but don't know why it happens or how to rectify it. Both charts are ES regular session, 5 and 45 min. It is easy to see that Action Zones values are different. I see this kind of difference in Action Zones between short and longer time frame RTH charts all the time. ...

Hi orionsbelt,

Ideas...yes, ability to code, or even determining if they can be coded.....NO.

Simon

Hi Dirk,

I second Joe - great work.

Simon

Hi Joe, Nice charts...thanks. Looking at Gold from a purely technical perspective - until at the very least 1170 is taken out on the upside, Gold will remain in well defined downtrend. I don't know anything about Gold fundamentals, but most of what you have mentioned has been around for a very long ...

Hi ND,

Here it is in the nutshell, although like Brad says himself his is modified, but this shows, at least in general, how one would trade Market DNA.

http://conwaymarketdnadaytrading.com/

Simon

Hi Baha,

So far this bounce in Gold seems corrective, I don't think Gold is ready for a meaningful move higher yet. But we should see multi year low this year.

Simon