looks like will close the gap and then south again ?
ICCE. Bemac's Fib. Reverse Engineered
- #1,322
- Jan 22, 2011 3:57am Jan 22, 2011 3:57am
- Joined Feb 2009 | Status: kiki soso largyalo | 2,243 Posts
meine augen sind die sterne
- #1,323
- Jan 22, 2011 4:57am Jan 22, 2011 4:57am
- Joined Feb 2009 | Status: kiki soso largyalo | 2,243 Posts
meine augen sind die sterne
- #1,325
- Jan 23, 2011 8:14pm Jan 23, 2011 8:14pm
- Joined Jan 2006 | Status: Monarch o' the Glen | 5,561 Posts
When this chart caught my attention I started the 'Save Proccess' which told me I had already saved it on the 21st. I guess I still hold the same opinion after having looked at it with New Eyes.
SHORT OPPORTUNITY? ? ? Maybe.
0.8560 is going to be a blood Bath or a Unanimous Descision.
200 P to the Downside looks attractive to me.
Target @ 0.8360
"IF" you decide to play this Trade, Get Multiple Smaller Lots that can be liquidated in stages. I see Diagonal support that could put a 1 Lot Trade back in Negative Territory before it matures.
My Perfect scenario:
Limit Short @ 0.8535
1 TPL @ 0.8465
2TPL @ 0.8420
Rest on a 20% of Profit TS looking for 0.8380.
hth
SHORT OPPORTUNITY? ? ? Maybe.
0.8560 is going to be a blood Bath or a Unanimous Descision.
200 P to the Downside looks attractive to me.
Target @ 0.8360
"IF" you decide to play this Trade, Get Multiple Smaller Lots that can be liquidated in stages. I see Diagonal support that could put a 1 Lot Trade back in Negative Territory before it matures.
My Perfect scenario:
Limit Short @ 0.8535
1 TPL @ 0.8465
2TPL @ 0.8420
Rest on a 20% of Profit TS looking for 0.8380.
hth
- #1,327
- Jan 26, 2011 3:49pm Jan 26, 2011 3:49pm
Hi folks,
I haven't posted in this thread before, but I have been interested in Bemac's work for some time. Other than the ICCE fib levels, I became interested in whether or not levels set at multiples of the box height might be useful, so, I built a new indicator based on Bemac's but with some additional features built in. Here are some screen shots of a few of the display options:
.
If you experiment with the indicator, you will find that there are more combinations available, so do experiment.
This indicator also makes use of global variables to store the box location and as such allows you to set up various locations on the same chart. You just give each location a different name - I use the following convention: symbol_timeframe_location number. This video link might help to clarify what I am talking about here - please be aware that the video demonstrates an earlier version of the indicator with fewer features. The method remains the same though!
I'll keep an eye on the thread and answer any questions specific to the indicator if you have any.
Hope you find it useful....
Before I go, I just wanted to thank Bemac for sharing ICCE
and I would also like to thank Nubcake and Sangmane for helping me out with the global variable element of the code 
Cheers all.
I haven't posted in this thread before, but I have been interested in Bemac's work for some time. Other than the ICCE fib levels, I became interested in whether or not levels set at multiples of the box height might be useful, so, I built a new indicator based on Bemac's but with some additional features built in. Here are some screen shots of a few of the display options:
.
If you experiment with the indicator, you will find that there are more combinations available, so do experiment.
This indicator also makes use of global variables to store the box location and as such allows you to set up various locations on the same chart. You just give each location a different name - I use the following convention: symbol_timeframe_location number. This video link might help to clarify what I am talking about here - please be aware that the video demonstrates an earlier version of the indicator with fewer features. The method remains the same though!
I'll keep an eye on the thread and answer any questions specific to the indicator if you have any.
Hope you find it useful....
Before I go, I just wanted to thank Bemac for sharing ICCE
and I would also like to thank Nubcake and Sangmane for helping me out with the global variable element of the code Cheers all.
Hi folks,
I haven't posted in this thread before, but I have been interested in Bemac's work for some time. Other than the ICCE fib levels, I became interested in whether or not levels set at multiples of the box height might be useful, so, I built a new indicator based on Bemac's but with some additional features built in. Here are some screen shots of a few of the display options:
.
Attachment
Attachment
Attachment
If you experiment with the indicator, you will find that there are more combinations available,...
- #1,329
- Jan 26, 2011 5:16pm Jan 26, 2011 5:16pm
- Joined Oct 2008 | Status: Let the market come to you | 2,670 Posts
....so, I built a new indicator based on Bemac's but with some additional features built in........Before I go, I just wanted to thank Bemac for sharing ICCE
Cheers all.
- #1,330
- Jan 26, 2011 7:16pm Jan 26, 2011 7:16pm
- Joined Jan 2006 | Status: Monarch o' the Glen | 5,561 Posts
- #1,332
- Jan 27, 2011 12:57pm Jan 27, 2011 12:57pm
- Joined Feb 2009 | Status: kiki soso largyalo | 2,243 Posts
eur/gbp hit! 
meine augen sind die sterne
- #1,333
- Jan 27, 2011 7:18pm Jan 27, 2011 7:18pm
- Joined Jan 2006 | Status: Monarch o' the Glen | 5,561 Posts
eur/gbp hit!
. I'm guessing the Red Dashed Line was not a Sell Order then. 
Goodonya Aserb. That's actually a very interesting chart. I copied it to Paint and added some Points of Interest.
Marked as Point #...
1
Now that's a Pin that would send me to my {unmentionables} drawer to check stock.
I'd like to break apart what occurred after it.
PA Dropped To & Through 61% but then threw an Inside Bullish Bar at us.
What to do? What to do?
Notice that the Bullish Bar could not {even} penetrate the {blue} Bull Diagonal. If I was in on the Pin then I'm still in.
Now she starts to turn south again but How Far?... Well...0.8401 has already been Broken so the Extreme Tip Traders {Wicks & Tails} are on My Side. Where are they headed?
ICCE suggests the Golden Diagonal & perhaps the Channel TOP {I see your Red TL which may also have helped you in Your Trade}
It then breaks a Bear Diag but the Bull Diag holds the Line.
Now we have an "Oh Yeah" situation where Bulls & Bears start pulling out thier swords and it gets a little messy.
Drive it High, Pull it down; Drive it High, Pull it down; Drive it High, Pull it down; BUT. The Bears couldn't Pull it down to even thier most recent victories. {Higher Lows/Closes}
Now we are back on the Diagonal Grid.
I'm not going through it Bar by Bar but please don't miss the 2 long Tails beside each other that follwed shortly after.
The Bear first & then the Bull.
Think of it as a Boxing Match & not only Who Won each round but Who's Winning Now...
Cargo.
It's all about Adding Cargo.
Easy in hindsight although Tough in The Moment.
GL
Bemac
- #1,334
- Jan 29, 2011 1:07am Jan 29, 2011 1:07am
- Joined Feb 2009 | Status: kiki soso largyalo | 2,243 Posts
Goodonya Aserb. That's actually a very interesting chart. I copied it to ....
meine augen sind die sterne
- #1,335
- Jan 29, 2011 1:07am Jan 29, 2011 1:07am
- Joined Feb 2009 | Status: kiki soso largyalo | 2,243 Posts
meine augen sind die sterne
- #1,336
- Jan 29, 2011 6:37pm Jan 29, 2011 6:37pm
- Joined Jan 2006 | Status: Monarch o' the Glen | 5,561 Posts
- #1,337
- Jan 29, 2011 11:23pm Jan 29, 2011 11:23pm
- Joined Oct 2008 | Status: Let the market come to you | 2,670 Posts
- #1,338
- Jan 29, 2011 11:24pm Jan 29, 2011 11:24pm
- Joined Oct 2008 | Status: Let the market come to you | 2,670 Posts
end of rising market?
- #1,339
- Feb 4, 2011 12:53am Feb 4, 2011 12:53am
- Joined Feb 2009 | Status: kiki soso largyalo | 2,243 Posts
meine augen sind die sterne
- #1,340
- Feb 4, 2011 3:29pm Feb 4, 2011 3:29pm
- Joined Feb 2009 | Status: kiki soso largyalo | 2,243 Posts
meine augen sind die sterne