Thursday, April 26, 2007

POP QUIZ

Pop quiz

THE EURO/DOLLAR FELL TO DAY BECAUSE

A. The pivot bar formed on lower volume
B. Yesterday’s bar closed below the high of the pivot bar on higher volume
C. Pivot point has not been tested
D. Price bounced off three bar equilibrium
E. All of the above

Study guide:


1. Counter-trend targets – page 7, L.C.M.

2. 3 bar equilibrium PAGE (18, 19, 20 RECENT BOOK UP DATE). STUDY ATTACHED CHART – supplied with the recent update (bar 4).

Once we are familiar with the information on 3 bar equilibrium (3 bar for shorthand) which has already been provided, that will be our focus, to fill in the gaps, errors and/or omissions in the material provided.

When you turn in your homework I will know where you are and the direction I need to take with future instruction. If you do not turn in your homework, congratulations, you have made me very proud because you have graduated and are out there making loads of cash. That means, L.C.M. is working just as advertised and I have another satisfied customer.

REMEMBER: INVEST YOUR TIME BEFORE YOU INVEST YOUR MONEY.

Cheers, Jerry

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