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Replies to post #106 on J.M.HURST

Replies to #106 on J.M.HURST

TREND1

09/28/09 11:03 AM

#107 RE: TREND1 #106

What is HURST telling me ?
30 Minute chart - Projecting the green line indicates a possible top in price 1 hour into trading.

SYSTEM 1
This is also near the 10 DMA on SYSTEM 1

SYSTEM 2
All charts are now in UP TREND
The 30 minute just went to UP TREND during first hour of trading Today.

SYSTEM 7 McLaren
Look for highs starting Oct 1, 2009

TREND1

09/29/09 11:03 AM

#111 RE: TREND1 #106

Let's try projections of green on 30 minute chart.
After all that's why we have been studying HURST !
See chart in sticky....

Qone0

10/01/09 6:51 PM

#132 RE: TREND1 #106

Trend, I have been looking at your charts. This is what I see so far in this test.

The daily.

The green line means little to a trader, seldom violated. When touched or violated it produces a ABC e wave correction pattern. The red line seems to be a good swing trade point. This line would indicate a swing trade at about 1015.

The blue line is stuck to the price bars. Not sure what this is saying.

The 30 min. The green line is the trade point. The red and blue lines could be misleading as they are pointed straight up at high angles just as they intersect with the green line and the price reverses.

And what happened to the valid trend line?