Gary_Fullett joined. Kelley he'll update thoughts soon most likely warren maybe pat won't Kelley hi Gary rhonda handles ask Kelly his wife she can probably resend email to you warren lol Gary_Fullett good evening took me a few min to get in Bumpkins joined. rhonda Hi Gary Kelley hi Bob handles ok.....rhonda....thanks....hi gary Bumpkins hi kel rhonda Gary, Can we revisit CMG? warren slow getting in on this end also handles sugar interests me now.......wanna try learning my wykoff with it Nick joined. Nick hi folks Kelley we will probably talk about it on Saturday Kelley in Joe's class handles ok....... Kelley hi Mr. Nick rhonda Hi Nick Gary_Fullett sure we can Gary_Fullett open night rhonda This is what I did on that trade Creek was at 54.00 I took highest close after JOC of 57.23-54 divied by 2 to come up with 50% pullback to give me 55.61, now WED next day it pulled back to 54.75 past my point on low volume then next bar was SOS and good ranges after so I bought at 55.60. Kelley how are you doing in beans? Nick gary, interesting how we talked about how crude looked ready for a possible move up and tonight OPEC cut production by 1.2 million barrels a day rhonda Question is is my figuring wrong or proper what I did and it just retested lower to find demand? Gary_Fullett did we miss that chart/ Art joined. handles not good...... jc joined. Gary_Fullett u take the high of a move and the low of a move and divide by 2 1/2 back Nick tell me that news isn't in price movement before it is announced Gary_Fullett but 1/2 way back is just a guide not so much wyckoff Gary_Fullett wyckoff said it was a decent guide Gary_Fullett really nick? rhonda so was proper? Gary_Fullett just the charts Kelley when do cuts begin? Nick yep handles kelley.....not working.....beans are still strong......when i get outta that trade alive i am looking for a long sugar possibly.......or a long grain on a pullback...... handles cuts never begin ......its opec.....LOL Nick hold on let me look Kelley good idea handles Bumpkins news isn't in price movement before it's announced - is that what you want to hear handles which one kelley Kelley long sugar Kelley long grains on pull back handles right...... Kelley just be patient and you'll hammer them both Kelley buy a nice present for your wife::wink handles problem with sugar is that there are long specs already in sugar,.,....wanna see them lighten up first....same as grains..... handles yup Gary_Fullett yes rhonda Nick Nov 1 Kel Kelley ty Nick rhonda ok Thank you!!! handles notice how grains have little volume tonight......looks to be exhausted on the buy side here handles first time in 2 weeks Kelley well Handles, I think sugar will back and fill in this area for awhile yet Gary_Fullett not much to do there handles tonigt Nick we are coming into a nt seasonal uptreand on sugar though handles agree kelley......trading range handles i know gary.....but that is different than the past few sessions......looks tired........may not drop but does look tired Kelley yes, CC also Nick rhonda can I ask another ? Nick demand in control on grains and no supply in sight Nick no rhonda only allowed one rhonda lol I know Kelley buy us some more beer Rhonda rhonda you bet Nick but for you okay Kelley then you can ask all you want:) Nick what about a cigar for me Kelley lol Gary_Fullett at some ressiatnce but no suply is right rhonda I bought a stock today that had 2 PnF amounts 37.45 and 38.70- how does that work hits the first then needs to go into a TR or just counts and can reach both handles the supply story is surprising me......wonder if a dip will ever come.....but when i say that it sounds like its coming......u know what i mean!!! Peter good evening rhonda Hi Peter Kelley good evening Peter Nick I still think you have to buy any weak reaction handles Nick Pedro Peter hi Rhonda, Nick, & Kelley Peter I posted an updated chart for November beans Bumpkins rhonda what stock do you have a pnf on rhonda actually i read it say conservative and agressive how is that determined too? Kelley handles, the dips, imo, have been some profit taking. I would be watching ICE areas closely for a long attempt rhonda WIRE Bob Kelley supply just isn't there yet Bumpkins conservative pnf counts come from the bottom of a tr Nick take a look at OIL the ETF for oil, it may be a decent surrogate trade for crude Nick agree Kel Bumpkins and agressive may come from the count row itself or higher Kelley CD bounced from daily ICE just in time for OPEC news Kelley lol handles ice on beans is where? rhonda ok Bob that makes sense, Thanks Kelley I love Wyckoff handles and on corn.....ice is? Gary_Fullett this is good talk handles and bean meal.....too Kelley ICE is support Gary_Fullett i like the interaction rhonda u have that PnF figured out now!!! my turn next, lol Nick 594 area handles so support is 594 on beans? handles agree handles corn 309? Nick area Bumpkins what price row did you get your count from rhonda handles yup Kelley CZ could get back to 285 handles bean meal 178? rhonda dont know Gary helped Kelley SMZ more like 175 area bvasis daily Nick corn should find resistance at 297 area bottom of demand bar Gary_Fullett p and f is tiem consuming Kelley yes agree Nick Gary_Fullett but if u can do ti it addas to yoru knowldge handles thanks guys rhonda yes Gary agree handles peter.....bean chart looks great...thanks for the analysis!!!! Kelley yw Handles Nick Peter is full of beans Bumpkins still looks like your stuck in a tr on wire rhonda building cause warren left. warren joined. handles peter.......the retest lower would happen to what point? rhonda it went up 1.10 after hours Nick that was a quick pee break warren Bumpkins what size box? Peter yes Nick,. also buying USO , when crude tests support :) warren got bumped and didn warren did'\nt realize it Kelley SX, I'd watch 594 area basis daily initially rhonda Gary counted for me probably 1/3 like Wyckoff Kelley Nick mentioned this # earlier handles makes sense.....but wanted to see peter's thought.......he is the bean man......eat beans and have a bubble bath later....LOL Kelley he loves Beano also:) Nick me too Peter handles lol...... Peter hard to say Handles, that is why we watch reactions at important junctures, watch the market reactions. Kelley he say's they are like tic-tacs Kelley but different:) Bumpkins well rhonda if it went up 1.10 it most likely hit your pnf potential Gary_Fullett its all about reactions demand supply rhonda I am reading this book it is excellent for anybody newer to Wyckoff...Ticker Technique - The Fascinating Art of Tape Reading Nick don't know if you saw the announcement peter of OPEC cutting production by 1.2 million barrels a day starting Nov 1 rhonda Bob so what next??? Lady_K joined. handles initially 594......cause that was resistance on the way up......gap etc..... Nick so may hit it fast Kelley ty Rhonda, author? Peter I'd say that is an excellent place Handles Peter if shortm, I'd cover there handles ok if we get there......kelley.....think we do....soon Kelley well I wish you the best on your trade handles long coffee now and like that trade....tight channel now......should coil here handles thanks kelley Kelley yw Gary_Fullett funny how they have the news aftre the charts nick Nick not Wyckoff, but I mentioned how I use MACD as confirmation and I look for divergences, well coffee is starting to setup nicely and if I see the fast line cross up than I will take a shot at it rhonda hang on Kel Nick Right Gary that was what I was thinking Peter I missed the coffee entry today, but will be long very soon rhonda Ok author is Orline D. Fosters handles sugar also has some nice divergence on the macd....... swetz joined. Nick today was still suspect Peter, I am waiting Bumpkins it has a bigger cause rhonda, how about $30 from $32, but that is only if it decides to use all the cause going back to june for a bullish count Gary_Fullett hey swetz Gary_Fullett rhonda had a q on cmg swetz howdy folks, tennis match got cancelled rhonda ok Bob Thanks swetz so here I am Bumpkins there are phases in their rhonda Hiya Swetz Peter sugar has been wild, battle of the buyers and sellers. swetz please dont you all leave at once swetz lol Bumpkins it may not use them all Peter hey Swetz swetz howdy rhonda, gary, nick, peter, bump Nick It did handles and still watching for more psitive signs rhonda so the counts start at the bottom and works up with higher figures swetz you guys talking PnF? rhonda I have the book I need to read it instead of struggling along Bumpkins if the low of 10/4 becomes a support or last point of support, as many stocks have recently in the commodity area, then there may be good potential rhonda but the book is dry!! rhonda ok Bob Thanks rhonda ye sSwetz Nick talking stocks now commodities you are too late swetz you guys are after my own heart ::biggrin Bumpkins rhonda is doing a snicker on WIRE swetz lol Nick Gary_Fullett we can if u want Gary_Fullett p and f Kelley ty Rhonda/ author Nick selling everone on the squeeze play rhonda and WIRE went up 1.10 after hours, so wanted to know how that played out? swetz lol Nick Nick no finger pointing tonight rhonda yw Kelley rhonda sure Gary, great Bumpkins can afterhours be trusted lol Nick rhonda, dont put much into after hours Kelley hi lil Swetzeroni rhonda probaly not Bob, lol Gary_Fullett swetz u wnat to talk on p and f? Gary_Fullett for a bit rhonda oh I know Nick thinly traded right swetz Sure Nick I like afterhours joints though swetz rhonda on WIRE, I see a count of 15 across the 33 line Kelley lol Bumpkins defining phases in pnf is difficult for me rhonda lol Nick swetz and there is a larger count of 30 across the same 30 count line Bumpkins is that a $1 pnf? swetz yes sir Bob Nick I used to me a legend in afterhours joints back in my day swetz I mean bump lol swetz howdy kelleyroni handles long candidates.......on pullback or confirmation........sugar.....corn .....coffee.....bean meal..... handles now long coffee......already...... swetz according to the SMI CD that Gary has the counts are figured out in the following manner Kelley Nick the Legend swetz FIRST, and this is very important Kelley ::smoke ::beer Bumpkins I would have counted back to 9/13 first swetz if you are looking to figure out the count swetz in a TR which you believe is accumulation swetz the first thing you do is try to locate the LPS(last point of support) swetz on the bar chart Bumpkins 10/4? Nick I think jan beans also handles, good list though swetz which follows the SOS handles agree nick......on small pullback..... swetz according to SMI, a SOS can be one of 3 places Nick yep swetz (1) the spring itself swetz (2) the restest of the spring Bumpkins 10/12 handles gonna buy 5 of each and pyramid them up over the longer term bull mkt every pullback higher add 5....... swetz (3) wide range high volume rally in the TR handles worked when i shorted them last year.......long term plan swetz these 3 places are where the markup phase can begin after a LPS Nick btw, MACD gave great signals on the recent gold and silver rallys Nick almost as good as Peter George joined. handles and on beans it did too nick.....go back and look at 548 area and the macd there swetz the LPS to SMI can be (1) the spring, (2) the retest of the spring, (3) the reaction that follows the wide range high volume rally rhonda ok Nick I have looked at it and cried several times for having missed it swetz so these are the areas where you look for your count line on the PnF chart handles me too.....an idiot......on that move...saw it coming..... Gary_Fullett this is important what sweetz is talking on Gary_Fullett so stop him Bumpkins sure is Gary_Fullett as u get p and f charts with the news leter handles fundies got me thete..... handles sorry Bumpkins figuring that location on a bar chart too swetz so then once you determine your count line swetz you count from right to left swetz across the TR breaking the TR down into phases Nick there is a beautiful divergence in crude, but too expensive for me swetz now classically, the count should go from the LPS to the PS swetz sometimes it goes from LPS to SC Nick if it were confirmed on the weekly I would go for it swetz sometimes, you have a really large TR which can be subdivided swetz according to the course, you determine the subdivision by the volume and price action within the TR Bumpkins where do you see ps on wire back in may? swetz this where you can get multiple phases of a TR swetz let me see bump rhonda so the multiple phases render different counts ::smile rhonda now I see Bumpkins greg would add each phase on top of each other swetz yes rhonda exactly Bumpkins for the count higher swetz lets look at WIRE together swetz to show how all of this works with a chart rhonda got it up already Gary_Fullett yes rhonda Gary_Fullett counts get used up Gary_Fullett and form more handles i gotta run......thanks for the lessons and chat folks.....see ya in the am rhonda bye handles Gary_Fullett as u trade at a higher trading range or lower tr Gary_Fullett bye handles swetz cy handles Kelley good night handles handles ciao swetz you notice how some markets kind of having a stepping stone kind of look to them rhonda yes swetz they are doing what Gary is talking about Kelley 1-1 thru 5? swetz they will accumulate, rally, use up that cause, then reaccumulate to build cause, then rally again swetz this type of action can keep on occurring until you see ending action like a BC, AR, ST sequence swetz so lets look at wire swetz WIRE swetz lets pretend we are looking at this chart from July swetz of this year Bumpkins 7/26 on wire stands out for a prove met with supply, not enough cause behind it handles left. swetz I would look at the 6/8 bar as PS Gary_Fullett good Bumpkins range a mid range close swetz the decline to the 6/13 low as a lack of supply and potential ending action George wire chart? George don't have it rhonda yes swetz notice the volume on the decline to the 6/13 low was LESS than the volume on PS bar swetz yes George rhonda wait George Ill get it swetz I would look at the reaction to the 7/17 low Bumpkins cumulative volume? rhonda http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=wire&sid=0&o_symb=wire George brb swetz as where I could take a count of this TR rhonda http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=wire&sid=0&o_symb=wire&freq=1&time=7 swetz Bump - see that the 6/13 volume was lower than 6/8 volume? rhonda this is better 6 months George swetz this was an indication to me that supply is drying up Kelley stop swetz potentially George k Kelley what do you mean by "bump" swetz bumpkins - lol Bumpkins sure is Kelley lol, I'm soryy Swetz Kelley jesus swetz lol kelley - thats cool Bumpkins bob the bump Kelley ::blush rhonda lol Bumpkins as in forest bump swetz I get a count of 8 from the 7/17 low swetz measured all the way over to the 6/8 PS Kelley lol swetz so this little TR is giving us cause for an upside target Bumpkins was it met on the probe of 7/26 swetz 37 measured from the TR low swetz and 39 measured from the TR high swetz guess where WIRE rallied to after the 7/17 low swetz 38.91 swetz amazing swetz I didnt pick this chart, rhonda did rhonda wow swetz but are you guys seeing the power of PnF swetz Wyckoff knew what he was talking about when he used PnF rhonda this is so neat swetz he works just as good now as it ever did swetz it works Gary_Fullett he was a amster at it Bumpkins don't tell hobo lol Gary_Fullett was his bread and butter rhonda lol, no swetz hobo will tell you that PnF is out of date swetz I say NO WAY Nick who is winning the game swetz 1 -1 Bumpkins even dump ol bump has used it down to a 10 min pnf swetz so okay swetz what Gary says is true swetz when Wyckoff was analyzing charts swetz he started with PnF FIRST Nick so who is winning Kelley lol swetz then when he say a situation develop, he would go back and do bar chart Bumpkins tigers swetz to better time his buys/sells swetz now days, because of computers, we dont have to do that swetz so back to WIRe swetz WIRE Peter better not say time to hobo either :) rhonda lol Gary_Fullett the most amazing catch in the cards game Gary_Fullett unreal Bumpkins just say tick tock Nick lol swetz lol Peter swetz just saw it Gary - AMAZING Bumpkins he did a backflip to catch it? swetz so we see that the cause from this little TR has been used up on the rally to 38.91 swetz so we would expect a reaction here to build more cause right? Kelley how do you get 8? rhonda yes swetz a count of 8 across the 31 count line - was using stockcharts.com swetz my settings were 60 min swetz 1 point chart swetz so WIRE reacts Kelley I had it and lost it Bumpkins 31 row kel Bumpkins $1 box Bumpkins 1 reversal swetz Gary - you here? Kelley not following, don't know p/f swetz I got a question for you Kelley but please keep going Bumpkins I'll post the chart for ya rhonda I am a bit confused of line 31 count of 8 swetz sorry kelley, THX BUMP ! ! ! Kelley no, you did great Swetz rhonda go to 31 start at the right then what? will i wonder what joe is saying about that catch :) swetz rhonda do you see the reaction that ended on 7/17? rhonda are you counting up?? not across? rhonda yes swetz okay Gary_Fullett good rhonda ask swetz on the PnF chart, it would be on the 31 count line rhonda ok swetz because the low of that reaction was 30.27, only the 31 line is used swetz reaction would have to fall to 30.00 for the 30 line to be used as the count line swetz understand? Nick rhonda, go to the bar chart to identify the reaction point and than back to the PNF and it is easier to see swetz if not please ask Bumpkins POSTED swetz yes Nick, exactly, that is what SMI on Gary's CD teaches Peter left. swetz is taught that way on the lecture tapes too Peter joined. swetz so once we determine that the 31 line is going to be our count line Nick taught them everything I know swetz we count horizontally from right to left swetz lol Nick swetz to the PS which was on 6/8 swetz by doing that on the PnF chart, you get a count of 8 swetz you guys see that? rhonda I am looking still swetz ::smile Gary_Fullett its important Gary_Fullett please please knwo this swetz I think Bob has the chart posted on Joe's site ::smile swetz right bump? lol Bumpkins if you can get to this page its here http://www.commoditytradingresource.com/cgi-bin/webbbs_config.pl/read/6293 handles joined. Nick which finger do you use for pointing swetz lol Nick Bumpkins the same one the doctor uses swetz as long as it is not the middle you should be okay - lol Nick handles heard the call of nature handles anyone watching the ball game? swetz yes 1 - 1 handles swetz great game handles my wife is ovulating...........hahahahah swetz ::smile handles wooohooooo Kelley thanks for chart Bob, I have no idea what it means swetz lol kelley Nick Kelley, go back to sleep Kelley lol, I know Nick swetz not counting kelley (lol) - everybody see bump's chart? rhonda I got IT!!! Bumpkins look at the line I drew at 31 kel swetz sweeeeeeeeeeeeeeeeeet rhonda rhonda Thanks Bob Kelley where do you get the 8 from? Lady_K Roland just over threw first so now bases loaded for mets ::angry rhonda Swetz you are the man!!! swetz ::smile swetz kelley - you got the chart? Nick relax Doc Kelley line at 31 is the reaction low of 7/17, correct? Bumpkins another chart posted for poor kel Bumpkins bar chart swetz yes kelley9 Kelley I have WIRE bar chart up swetz kelley - you got it Kelley daily handles left. Peter Kelley ask questions, they'll explain handles joined. Bumpkins takes a minute or so to load swetz once you identify that point, you then go to the PnF chart Kelley I don't want to confuse others or hold up class swetz to figure out the count from that point swetz nnnnnnnnnnnoooooooooooo kelley swetz your questions are always welcome swetz ::smile Bumpkins kel look at the bar chart i posted Kelley ok swetz that reaction low on 7/17 on the bar chart Gary_Fullett pleasse ask kelley Gary_Fullett this is an imp chat Nick Valentin sucks handles yup swetz is the same spot as the O at the 31 line swetz see that kelley on the PnF chart? Kelley I'm sorry fellas, I don't get where the 8 comes from handles argg.....mets swetz do you have the PnF chart kelley? Bumpkins count the 31 row from lps to ps Kelley y swetz okay, do you see the O at the 31 line swetz which is where the 7/17 reaction low is? rhonda I just showed my husband too ::smile swetz lol rhonda Bumpkins yeah kel, even rhonda's pup gets it lol rhonda Thanks Nick it does go with the chart too, very cool rhonda lol Bob Bumpkins I need a better way to color my rows Nick makes it easier to find the points to begin counts Nick crayons work bob rhonda I will need to practice this to get it good Lady_K Gary, this will be archived? Kelley i see several 0's Peter use PS paint Bob Bumpkins I'm using paint shop pro Nick I use my wifes colored pencils, she is an artist so it is perfect Bumpkins I made another pnf chart for kel Bumpkins posted Peter OK then you can add colors swetz do you see the dates at the bottom of the chart kelley? Nick until she starts looking for them rhonda lol Nick Kelley p/f chart, no dates Nick coloring each segment of the count really helps swetz ah, my chart has dates, sorry kelley swetz okay do this kelley Kelley look at bob's chart swetz on the pnf chart Kelley if you can rhonda is that still Bullseye Swetz? jc left. swetz look at this last 31 with a 0 in it looking from right to left swetz I am using www.stockcharts.com swetz for PnF Nick do a few by hand rhonda it will really help you understand the process Bumpkins well kel, I cut them out but 7 or 8 on the pnf gives you an idea of month swetz yep, Nick has an excellent point Nick use 60 minute or even 30 minute price data Nick closing prices are fine Bumpkins 5 kids, up all night, drag myself to work and nick says do one by hand Gary_Fullett :) this is goodd Bumpkins lol Gary_Fullett please let us knwo if u ahve q rhonda Nick when I do them by hand start with the last PS area and LPS? on the chart Peter If there's enough interest, why don't we pick Thursdays as "PnF for Dummies night", for PnF dummies like me :), so we can learn the basics swetz lol Peter Nick David had a cocoa chart that he keeps by hand that goes back about 30 years or so Nick yea we can play x's and o's Kelley Swetz, you had better "pull the plug" on me pal swetz hold on kelley swetz ::smile Bumpkins eat a snicker kel, it'll come to ya swetz go to Joes site please swetz see the chart that Bob posted for you Kelley I printed p/f from Joes site swetz there is one PnF chart that Bob did just for you swetz look at that one swetz ::smile Kelley got it Nick actually a great idea, Gary send a PNF chart or a couple a 1x1 and a 1x3 and go through construction and count estimating swetz okay, do you see the area that Bob has circled Bumpkins Yeah, this one I might put swetz's commentary to the chart Kelley lol, circled? Bumpkins I'll make a PDF book and sell it for $19.95 lol rhonda great training chart for new people swetz yep thats it ::smile swetz lol Bob Kelley ok, yes got it swetz okay, when doing your counts - you include the blank spaces as well swetz by doing that you get a count of 8, which Bob has circled Gary_Fullett remeber p and f not tiem dependnt Nick Gary, did you see my suggestion Gary_Fullett but u can make notes of time for refernce Kelley correct, above the solid line representing 31 Gary_Fullett yes nick Gary_Fullett and will do this swetz okay good kelley - I had faith in you the whole time swetz ::smile Nick that would be cool swetz so once you get the count of 8 Peter Bob, when this chat gets logged. Take out the bad jokes and other extraneous commentary, and post the questions, answers, and other explanations Nick Joe would like that swetz you take that number and add it to both the bottom of the TR on the PnF chart Bumpkins I'll try pete swetz and where the count line is itself swetz which in this case is 31 swetz so 8 + 29 is 37 and 8 + 31 is 39 swetz so we would expect the rally from this TR to take us to this area swetz which it does by rallying to 38.91 swetz do you see that kelley? Kelley yes I do swetz coooooooooooooooooooooool swetz ::smile Kelley you earned your cookies my brother:) rhonda he sure did!!! Kelley thanks for your help Kelley I'm much obliged Swetz, truely swetz lol kelley - I like cookie talk swetz ::smile Peter lets do this another night with more focused time on a chart Gary_Fullett :) swetz so when I see a PnF target reached, I start looking for signs of a reaction Gary_Fullett u can use p and f Gary_Fullett like a chart Gary_Fullett suport resiatnce swetz Peter, I will mark up a PnF chart and bar chart and post to Joes site swetz so everybody can see it swetz then maybe one Thursday, when can go over it in detail Bumpkins yeah Peter sounds great Swetz, we can discuss it during the day when markets are slow swetz sounds good Peter and next Thusrday too :) swetz so back to WIRE swetz WIRE reacts to build more cause swetz for a potentially more substantial markup Gary_Fullett btw swetz this chart too me has 3 phases to it Gary_Fullett i dont think u get this anywhere else on the net swetz thx goodness, who else would want to here me speak - lol Gary_Fullett will archive for sure Peter dinner calling, see you all in the morning, will stay logged it to read the rest later Gary_Fullett night peter swetz cy Peter rhonda Night Peter Gary_Fullett swetz its good Gary_Fullett and it will help u Gary_Fullett as u talk on it Kelley enjoy Peter, gn swetz so the next thing I see in WIRE is a count of 9 across the 35 line Peter G'night, Gary, Swetz, Rhonda, & Kelley - ty swetz after the reaction from the 38.91 high swetz this is where it gets more complicated Gary_Fullett night peter Gary_Fullett its all about actions and reactions swetz and the counts become more advanced swetz because you have 2 phases to consider swetz the one that we just went over swetz and this one right here swetz this chart you selected rhonda is actually perfect swetz because the chart pretty much addresses EVERY step to consider in deteming PnF counts swetz you guys not asleep yet? swetz lol rhonda cool swetz first of all, did you guys see the count of 9 across the 35 line swetz ? Bumpkins dates for your 9 count on the bar chart? rhonda yes swetz 7/27 to 8/29 Art thks swetz and Gary , see you tommorro swetz cy Art Art left. swetz this is the second phase of this TR swetz so now we have a lot more possibilities swetz according to Wyckoff, you should start your counts from the most conservative spots first swetz so first swetz we add 9 to the low of this TR phase which is 33 swetz you also add 9 to the count line itself which is 35 Gary_Fullett correct :) swetz so we have upside targets from this phase of the TR of 9 + 33 = 42 and 9 + 35 = 45 swetz I mean 44 rhonda yes swetz remember I am from MS so my adding isnt so good swetz ::smile rhonda lol swetz but also we have a more aggressive count that exists as well swetz my adding this phase to the 1st phase we looked at Bumpkins 9 count cause met on 9/5 rhonda yes swetz we have a count of 22 across the 35 count line swetz now using 22 we can make even higher upside targets rhonda so once it rallied to 39.75 on sept 5 that count is done , correct swetz yes very possible rhonda rhonda or if the reaction or eom nt is down count over too rhonda like it did swetz because the TR is accumulation to me, I am not looking at down counts Gary_Fullett okay i ahve a q rhonda ok Gary_Fullett if u fulfill a count Gary_Fullett what do u do? Gary_Fullett how do u trade it? swetz I tighten stops Nick very tight stops swetz since count is just a guideline, stock may overshoot it and want to be able to take advantage if it does swetz agree with Nick Gary_Fullett good Gary_Fullett because it can absorb at that level build more cause Gary_Fullett and go higher rhonda ok Gary_Fullett now some may wnat to just get out Gary_Fullett but preferably Gary_Fullett raise stops Lady_K left. Gary_Fullett because p and f is only a guide Nick probaby use trailing stops on a 30 minute chart Gary_Fullett so it can have more profit rhonda ok Gary_Fullett p and f doesnt have volume Gary_Fullett so u cant tell if cliamtic many times handles left. handles joined. handles back..... Gary_Fullett so use it in conjucture with bar charts Gary_Fullett front handles Gary_Fullett okay great talk swetz Bumpkins I updated my bar chart on the site showing where the counts are Gary_Fullett thanx Gary_Fullett any questions? swetz guys this PnF chart of WIRE is really very good rhonda no I appreciate it Gary_Fullett comments advice ect? rhonda Thanks again swetz I will do a write up on it at Joes site Gary_Fullett did u post that chart swetz? Gary_Fullett great swetz Bob did swetz he did a great jo swetz job Gary_Fullett p an d f takes a long time rhonda yes Thanks Bob too Gary_Fullett to do and undertand completly Gary_Fullett and it si useful Gary_Fullett but some swetz on Joes site, when I do the write up on it Bumpkins IT'S ABOUT TIME SWETZ.. I'VE WAITED MY WHOLE TRADING LIFE FOR THIS LOL Gary_Fullett dont look at it because its time consuming swetz and I go throught the 3 phases swetz and show you guys how counts are done for each phase Gary_Fullett it may take some tiem to review it swetz seriously guys, if you guys can understand the counts on WIRE Gary_Fullett but review this log will help handles brain overload this first week here....but i have clarity now swetz you cant understand ANY Pnf Chart swetz this one is very advanced swetz because of the multiple phases rhonda oh good swetz you can NOT cant Gary_Fullett well handles ebb and flow Gary_Fullett u will get it Bumpkins what threw me was looking at the reaction low to begin another count and trying to find PS and LPS swetz I will go through each phase in WIRE and do the counts as they develop rhonda it all makes sense now need to practice using it everyday will thanks swetz, bob, gary, very good; night all rhonda by will Gary_Fullett will ty handles ciao for real this time..... swetz also guys, dont for a second think that just because a count exists, that it must be attained handles thanks all..... Gary_Fullett pratice is hard swetz cy will Gary_Fullett but take time handles u guys are amazing Gary_Fullett but u will gte it Gary_Fullett we jyts try to help handles Gary_Fullett all equal here swetz thx handles, gary amazing, I just glob on like a tick Gary_Fullett all contrubute Gary_Fullett or a bad cookie swetz ::smile swetz yep any cookie rhonda ok Night see you all tomorrow rhonda lol Gary_Fullett okay se u all tommorw in the day class swetz but going to World Series first rhonda left. Gary_Fullett or if not next week Gary_Fullett thank u all swetz so will do WIRE analysis next week Gary_Fullett go watch the game 8tyh inning swetz probably next weekend Bumpkins when does world series start swetz cy guys next week Gary_Fullett ty swetz muuch appreciated swetz ::biggrin Gary_Fullett saturday night Gary_Fullett left.