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Super Patterns

  • #41
  • Nov 28, 2007 11:42am Nov 28, 2007 11:42am
Quoting spiderforex
Its always opposite ...I got the yips
I am sorry...but you are not the only one
Work smart not hard
  • #42
  • Nov 28, 2007 11:43am Nov 28, 2007 11:43am
The reasons why these patterns occur, as with Elliott Waves and others, is simply that currencies hit specific barriers on the Absolute Fibonacci Framework in fairly predictable ways....
The framework is there; we just have to work on our frame of mind.
  • #43
  • Nov 28, 2007 12:33pm Nov 28, 2007 12:33pm
Absolute is a Vodka, everything else is dynamic and ever changing.
  • #44
  • Nov 28, 2007 1:21pm Nov 28, 2007 1:21pm
Quoting SunTrader
Absolute is a Vodka, everything else is dynamic and ever changing.
Nice one! You are right of course, and it's something I tell everyone as well (that it's dynamic and ever-changing, not the vodka bit!).

The fact is though, that the patterns are fractal in nature, so it is important that you can identify which fractal the currency is moving on at any time. And you can, very simply.
The framework is there; we just have to work on our frame of mind.
  • #45
  • Nov 28, 2007 3:29pm Nov 28, 2007 3:29pm
Quoting THE FxORCE
You have a good thing going here. Don't get discouraged. The strength in carry pairs today is due to liquidating treasuries and moving to high risk instruments. This daily reversal is strong.
Your concept is good. Keep up the good work. If you combine FA with your price action analysis you will do well.
yup..just have to concentrate and look much harder now..Thanks
  • #46
  • Nov 28, 2007 3:33pm Nov 28, 2007 3:33pm
Quoting sony
I am sorry...but you are not the only one
It really went up....this is ok too..as long as it doesn't chop and turn in a single day
  • #47
  • Nov 28, 2007 4:48pm Nov 28, 2007 4:48pm
Quoting niceguy777
Nice one! You are right of course, and it's something I tell everyone as well (that it's dynamic and ever-changing, not the vodka bit!).

The fact is though, that the patterns are fractal in nature, so it is important that you can identify which fractal the currency is moving on at any time. And you can, very simply.
If you can do that (the any time part) then you are the first. My experience is that although there is always a fractal present, it is not always possible to find it each and every time. That is unless that is the only thing you set out to do and are not concerned about anything else like oh ..... trading.

Fractals in the form of EW's can be spotted about half of the time and the rest of the time there is chop. I say to hell with X,Y,Z waves. Again my point is to trade and not label every twist and turn.
  • #48
  • Nov 28, 2007 5:16pm Nov 28, 2007 5:16pm
Quoting SunTrader
If you can do that (the any time part) then you are the first. My experience is that although there is always a fractal present, it is not always possible to find it each and every time. That is unless that is the only thing you set out to do and are not concerned about anything else like oh ..... trading.

Fractals in the form of EW's can be spotted about half of the time and the rest of the time there is chop. I say to hell with X,Y,Z waves. Again my point is to trade and not label every twist and turn.
Yes, I am the first, or so it seems. No-one else seems to have come up with this.

EWs form on the Framework. The waves form at points of resistance on the Framework. the fact that there are 'waves within waves' was also another clue to my making this discovery. It's interesting stuff, and those that really get it find they never use anything else.

Of course, you are not seeing what I am seeing, as you are using the traditional methods of observation rather than the framework.

Someone put a nice comment on my website recently:
" This stuff is absolutely incredible! It's like having a GPS Navigation System for the Forex market."
The framework is there; we just have to work on our frame of mind.
  • #49
  • Nov 30, 2007 6:35am Nov 30, 2007 6:35am
Anybody watching the CWH breakout (also a wedge BO) on the U/J 4H?

You can go all the way down to 15M and see nice chart patterns (another wedge/triange/flag/coil whatever you call it breakout).
  • #50
  • Nov 30, 2007 9:58am Nov 30, 2007 9:58am
Quoting niceguy777
Of course, you are not seeing what I am seeing, as you are using the traditional methods of observation rather than the framework.
The word that is used previously, Dynamic, might give you a clue of what form of EW I am using.
  • #51
  • Nov 30, 2007 10:00am Nov 30, 2007 10:00am
Quoting blueruby
Anybody watching the CWH breakout ....
Whats CWH ?
  • #52
  • Nov 30, 2007 10:20am Nov 30, 2007 10:20am
Quoting SunTrader
The word that is used previously, Dynamic, might give you a clue of what form of EW I am using.
I think I get your drift.....
What I like about the framework is that it isn't. You can rely on it not moving!
The framework is there; we just have to work on our frame of mind.
  • #53
  • Nov 30, 2007 10:27am Nov 30, 2007 10:27am
Quoting niceguy777
I think I get your drift.....
What I like about the framework is that it isn't. You can rely on it not moving!
If you think so. But from what I have found, for many a year, is just when you think it can't - it does. Good trading.
  • #54
  • Nov 30, 2007 10:30am Nov 30, 2007 10:30am
Quoting SunTrader
If you think so. But from what I have found, for many a year, is just when you think it can't - it does. Good trading.
That's because you are doing something completely different to this. I can show you why and when your dynamic EW changes. It's really very simple.
The Framework is fixed, and the candlesticks move to it.
The framework is there; we just have to work on our frame of mind.
  • #55
  • Nov 30, 2007 10:39am Nov 30, 2007 10:39am
Quoting niceguy777
That's because you are doing something completely different to this. I can show you why and when your dynamic EW changes. It's really very simple.
The Framework is fixed, and the candlesticks move to it.
You keep referring to what I am doing. Do you know what that is, that I am doing?
  • #56
  • Nov 30, 2007 11:14am Nov 30, 2007 11:14am
Quoting SunTrader
You keep referring to what I am doing. Do you know what that is, that I am doing?
No, but it doesn't matter. I've seen a lot of methods, and they are all different ways, different calculations and different constructions that are unknowingly designed to try and find points on the framework.

Look, I'm not trying to be clever or anything. I suggest the best way to see what I am talking about is to see it for yourself. I think you'd find it interesting my friend.
The framework is there; we just have to work on our frame of mind.
  • #57
  • Nov 30, 2007 11:36am Nov 30, 2007 11:36am
Quoting SunTrader
Whats CWH ?
Cup with handle.
  • #58
  • Dec 1, 2007 10:16am Dec 1, 2007 10:16am
Trying to predict tops and bottoms is expensive. Observing candle formations that confirm tops and bottoms is profitable. I would like to hear more from the chap that started this thread.
It really is that easy.
  • #59
  • Dec 1, 2007 10:33am Dec 1, 2007 10:33am
Quoting THE FxORCE
Trying to predict tops and bottoms is expensive. Observing candle formations that confirm tops and bottoms is profitable. I would like to hear more from the chap that started this thread.
If that's what you believe, that's what you'll get. The candle formations may confirm in some instances, but that's after the event. Isn't it better to know where they are going in the first place so you can take advantage of the move before they reach that confirmation?
The framework is there; we just have to work on our frame of mind.
  • #60
  • Last Post: Dec 4, 2007 4:18pm Dec 4, 2007 4:18pm
Head and shoulder pattern in CADJPY.....CAD reduced rate...more possibility of a downward movement.
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