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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj

Monday 22 August 2011

NYSE

this is the Robert Krausz trend indicator/stop-loss discussed in the AUD post (3 week sma of high offset 1 week) for bear trend.Quite an extreme deviation but that could just be an indication of the strength of this trend ? Nevertheless it does suggest a contra-trend rally could be quite sharp.
Actually I think he called it the Hi-Lo Activator

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2 comments:

  1. Anonymous22 August 2011 at 04:41

    Hey Chart, your weekend charts are an array of excellence. You produce great stuff here.
    Best,
    TheChairman

    ReplyDelete
  2. Chartrambler22 August 2011 at 18:53

    Thanks Chairman ! appreciate the kind comment

    ReplyDelete

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