Blog Archive

Sunday, September 13, 2009

ES On Target

Sunday 9:00 EST. Looks like the overnight market should bounce here, and send us up to 1053 area on Monday. If you did not see my last post about the convergence I hope you will take a look a my previous post. It fits so well with that little blue v on this chart!

Analysis presented on this Blog has only informational, and educational purpose, and does not represent a proposal for buying or selling currency contracts.


  1. Yeah a lot of trend line confluence at this point.

    Also really like the art charts. Are those TOS charts?

    One more thing why do you label ending diagonals as an (a,b,c,d,e) I usually just use (1,2,3,4,5). I see both used. Precther uses (1,2,3,4,5) while others that call it a diagonal triangle use (a,b,c,d,e).

    Keep up the good work, really like the new charts

  2. I like abcde because it indicates a that it's a diagonal. That way I know I why I allowed waves 1 and 4 to overlap.

    But as you know I've been sloppy with my notation all my life. Before I Blogged it only mattered that I knew what I meant. Even though I try I still mess up a lot. If you see errors I would appreciate your input.

    Yes the charts were done with TOS. I really like the program, but it can be difficult to re-size the charts to fit the screen. For that reason I use both Strategy Desk and TOS. There are several other annoying things about TOS, but overall it's fantastic. For some reason TD Ameritrade seemed reluctant to give me access to it.


Today's Feature