The 20% Rule

April 26, 2012 at 3:04 am 3 comments

Reference for seminar.
Example PX today.
high 28.95 x 0.80 = 23.16
23.16 x 1.20 = 27.80

Entry filed under: Uncategorized.

ELI gap fill @ 0.82 PXP – 20% Rule

3 Comments Add your own

  • 1. mika  |  April 26, 2012 at 11:24 am

    san po nag aaply to ? sa parabolic ba? and we should treat 27.80 as?

    Thanks

    Reply
    • 2. spyfrat  |  April 27, 2012 at 1:18 am

      Hi maam mika, the 20% rule act as sort of pivot for bulls and bears. Sa case ni PX, ang pinaka high nya was 28.95 last aug 16 2011. the said rule is just one tool sa mabilisan pag compute ng tp. px low dati was 18.50 (18.5 x 1.20 = 22.2) and then at 20.05 (20.05 x 1.20 = low 24). just enough to give one an idea kung saan ang resistance/breakout/target price. the 23.16 is the pivot of 28.95 historical high. mga ek ek ng 20% rule 😀

      Reply
  • 3. best 918  |  September 1, 2020 at 5:06 am

    best 918

    The 20% Rule | Spyfrat's Call

    Reply

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