Tony, what would be a difference between us plotting ABCDs from grid 1 like we did just now and plotting our grids with the methodology you mentioned at the beginning, so find lowest and highest points on chart and start plotting.
Thanks
Thanks
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DislikedLooks interesting Tony. Will need to go through the posts again and have a play. Thanks for sharing.Ignored
DislikedTony, what would be a difference between us plotting ABCDs from grid 1 like we did just now and plotting our grids with the methodology you mentioned at the beginning, so find lowest and highest points on chart and start plotting. ThanksIgnored
DislikedNow I think I see why you asked us to plot the ABCD from the very beginning of the chart history. Because we can take advantage of completed and not completed ABCDs to position us in the right direction. The bigger the grid the bigger importance of the direction. We then go lower and lower until we arrive at the current price but with the knowledge of patterns whether completed or still in play and we can plot...Ignored
DislikedTony I have a Question too I have often heard the saying (Price will return to the mean) Is there any means by you Grid alone we can find ( The Mean) I have shown this by using ADR Bands to give you the idea behind the question ps I will delete the post after you have given me your thoughts {image}Ignored
DislikedThen price totally retraced unexpectedly and where did it stall, just about the measured move....where longs where closed for the Month end.. So, for Measured Moves, something that every trader should be aware off in their daily/weekly, hourly calculations I see a really great use for this grid. {image}Ignored
Disliked1.What to do when C is not touched and what information that provides. 2.What to do when C is surpassed on the pullback fro B. 3.What to do when A is surpassed after creating a 50% A-B or a 100% A-B. 4.What to do when D is not hit and price turns and surpasses C and or A. 5.What to do when D is surpassed and price does not pull back to the C. Hi Tony, any chance of what the findings are here? I can answer partially number 1 and 5, if this happens we can expect reversal at the end of ABCD completion and price to get back to C as that point acts as...Ignored