Here an update, you see that the PA touched very quickly the 38.2% ICCE Fib.
Actually a retest of the channel (the high is the todays DP)
Actually a retest of the channel (the high is the todays DP)
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DislikedHere an update, you see that the PA touched very quickly the 38.2% ICCE Fib.
Actually a retest of the channel (the high is the todays DP)Ignored
Dislikedhi i posted this in the eurusd thread maybe these fib time extensions may help. Has anyone drawn fib time like this before? will show zoom in and zoom out view maybe you already covered this ground let me know thanks!Ignored
DislikedES, your chart maybe interesting for someone but is totally off topic and has no value without any explantion.
I recommend to open your own thread before Bemac...Ignored
DislikedWhoa there big fella. I know you are working on a Best For The Thread concept but I don't mind a little "Side Door" input.
I'm still working on what EStar is seeing.
What is the .tpl attachment?
That might change things. I didn't dnld it. Did anyone? Is it worth it?Ignored
DislikedI left my old channel in from 4-20 to 4-22. Look at PA now. There is a S/R zone at the 100% and that lines up with some older zones. This thing is really interesting on how it picks these things up. Where now? Well, these areas of price flips often hold - so a continuation? We are also at a retrace of 38% of the current move. Confluence all over.
A move to teh blue dotted line would make the retrace equal in size to the previous retraces too. Need PA!Ignored
DislikedWhat is the .tpl attachment?
That might change things. I didn't dnld it. Did anyone? Is it worth it?Ignored
DislikedWhoa there big fella. I know you are working on a Best For The Thread concept but I don't mind a little "Side Door" input.
I'm still working on what EStar is seeing.
What is the .tpl attachment?
That might change things. I didn't dnld it. Did anyone? Is it worth it?Ignored
DislikedThinking:
Would be really nice to have an "Auto Detect Channel"
That way, I wouldn't have to continually modify it.Ignored
DislikedI'm sorry Bemac, for not having expressed my gratitude sooner. You really do have a brilliant concept here. I haven't really done anything with it, other than play. I would like to say though that I am planning to give channels a much closer look from now on. I use my fib extension tool and a line chart to set up on. Pretty damn cool Bemac
Wouldn't it be cool to see this hit 100% on the line chartIgnored
DislikedI did, because a few people (you, Scrutch) have mentioned that you have to pay attention to how price interacts with time. I confess, I haven't gotten my head around that concept yet (I need a lot of observation to 'get' something), but if you look on his template there does seem to be a trend change just about every time price intersects/gets near one of the horizontal time lines, even though I have no idea where they came from.
Edit: Oh, now I see. They are fib extensions from...Ignored