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[Previous entry: "Follow-up. Histogram on MACD"] [Main Index] [Next entry: "Stress, and alternative Fibonacci profit exits?"]
10/31/2007 Archived Entry: "Double-RePo DRPO XAU"
> Abel M. wrote:
> > Hi Neal,
> >
> > Could you please take a look at the weekly XAU? Do you see a DRPO
> > look-alike forming?
> >
> > Thank you.
> >
> > Kind regards,
> > Abel > */Neal Hughes /* wrote:
>
>
> Have you checked with Joe DiNapoli on this??
>
> -N Abel M. wrote:
> Hi Neal,
>
> No, I haven't since I am not subscribed to his services.
>
> Anyway, the last daily bar on the XAU/USD was red when I saw and
> e-mailed you yesterday but it ended up being strong, so I suppose
> there'll be no DRPO.
>
> If you don't mind my asking, are you not authorized to discuss his
> directional indicators?
>
> Thank you.
>
> Kind regards,
> Abel */Neal Hughes /* wrote:
Although I know Joe's patterns really well (I used to teach his
seminars for him, for years), it would be inappropriate for me to be giving
advice instead of him. Joe might not feel comfortable if I do, and I
don't want to impose on him either.
As you said, the XAU weekly need to close below the 3X3 for a potential
DRPO to develop (look alike).. -Neal
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