Chariot Share Discussion Threads

[andonis] 17/2/2012 15:09

This is where we are with respect to circles....It looks hard to go higher today although it will be attempted.

[andonis] 17/2/2012 14:05

Here is a higher order circle the red one. (OK its a conic section).
The principle of 'What is above so is below' applies to the market Scottie. Hard to spot it but when you do it may pay off.
Here is another rule: WHEN TWO circles of different order end their life cicles at the same point a big move is coming up......

[andonis] 17/2/2012 14:04

Finally the time is 13:30 and as I said earlier the lifetime of this particular circle is over. See how many points of support it has given us and how many entry points or exit one could have had. ---Respect the circles!

[andonis] 17/2/2012 14:04

Here is the 10 min time frame chart I posted before chok, and see how it respected the support but it runs out of time. 10:30 is coming and at most it can do is go back to 12940. Then it is either down or a new higher order circle takes over. That proves it no?

[andonis] 17/2/2012 14:03

Interestingly in the lower timescale, ( 1 min chart) the circle became support later as shown below. This and many similar examples, show that support /resistance lines need not be straight lines but conic sections.

[andonis] 17/2/2012 14:03

Well you can use circles in 2 time frames.
Look how it respected the circle on the 1 min chart (lower time frame) as it broke through because the 10 min chart (in prev post) is still on the up....

[andonis] 17/2/2012 13:59

choktaw, lets observe this 'circle today and see what happens....I sketched it quickly so it may not be perfect.

[andonis] 17/2/2012 10:57

The circle touch one to come is at 9-11th July 2012..

[andonis] 17/2/2012 09:36

This circle that fits all the data I have via ADVFN for the Dow, shows the limited upside of DOW.

[andonis] 14/2/2012 22:00

This is the progress of Euro and my post of 20th january. I wonder what news will cause the curves to bend...

[andonis] 13/2/2012 20:44

Hi Wookie, provided it does not break down from the circle. But time will tell I dont see rises on this before April

[wookie77] 13/2/2012 19:01

Hi Andonis, can you tell me what you make of XEL chart when you have a moment. Is this about to breakout in your opinion?

[andonis] 11/2/2012 22:12

April 14-17 are crucial dates for it....

[andonis] 11/2/2012 22:09

cherisher 200p wont come now in a hurry. I think it may have reached the limit, it will hang around here for a while but it will fall a bit.