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Harmonic and Classic Patterns

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  • Post #381
  • Quote
  • May 16, 2012 4:05pm May 16, 2012 4:05pm
  •  kor4x
  • | Commercial Member | Joined Feb 2009 | 200 Posts
@poli:
Quote
Disliked
i think these teqniques are just a waste of time when i can use gann ones.
Could you please give us a hint how you use Gann profitable?
  • Post #382
  • Quote
  • May 16, 2012 8:41pm May 16, 2012 8:41pm
  •  mattrader
  • | Joined Sep 2007 | Status: Member | 501 Posts
Quoting poruchik
Disliked
Hi, Mat and 5-0 Daily
Ignored
Hi poruchik, great to see you are participate here. Which version of zup you are using for the 5-0 patterns?
  • Post #383
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  • May 16, 2012 8:42pm May 16, 2012 8:42pm
  •  mattrader
  • | Joined Sep 2007 | Status: Member | 501 Posts
Quoting poli
Disliked
i think these teqniques are just a waste of time when i can use gann ones.
Ignored
Do you mind share which gann technique you are using? And why it is better than Harmonic patterns? A few screen shot will be helpful.
  • Post #384
  • Quote
  • May 16, 2012 10:59pm May 16, 2012 10:59pm
  •  deanoracer
  • | Joined Nov 2010 | Status: Pip Collector | 226 Posts
No indicators for me guys... not technilogically advanced enough...

So I see what I see, and leave the advanced stuff to you guys...

anyone think these potentials qualify?
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  • Post #385
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  • May 17, 2012 6:47am May 17, 2012 6:47am
  •  Ziko9o8
  • Joined Mar 2011 | Status: Member | 988 Posts
Quoting deanoracer
Disliked
No indicators for me guys... not technilogically advanced enough...

So I see what I see, and leave the advanced stuff to you guys...

anyone think these potentials qualify?
Ignored
- It's a weekly chart, for me the biggest time frame is H1 and I don't trade above this time Why? - Because of fundamentals and sentiment changes so many times during one day and you talk about weeks, man nobody knows what happen tomorrow.
  • Post #386
  • Quote
  • May 17, 2012 7:56am May 17, 2012 7:56am
  •  deanoracer
  • | Joined Nov 2010 | Status: Pip Collector | 226 Posts
Quoting Ziko9o8
Disliked
- It's a weekly chart, for me the biggest time frame is H1 and I don't trade above this time Why? - Because of fundamentals and sentiment changes so many times during one day and you talk about weeks, man nobody knows what happen tomorrow.
Ignored
So thats a "no"
You dont think they might qualify, because they are on a weekly chart?

hmmmmmmmmmmmmmmmmmmmmmm......
okay
  • Post #387
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  • May 17, 2012 8:06am May 17, 2012 8:06am
  •  poruchik
  • Joined Dec 2006 | Status: Member | 719 Posts
Quoting mattrader
Disliked
Which version of zup you are using for the 5-0 patterns?
Ignored
Old good 76_5:0
  • Post #388
  • Quote
  • May 17, 2012 11:49am May 17, 2012 11:49am
  •  Quezoy
  • | Joined Nov 2011 | Status: Member | 1,078 Posts
Have played around a bit with korharmonics. I like it for now.

Some questions:
1. What max deviation would you suggest?
2. Whats the difference between "ABCD", "_ABCD" AND "IT_ABCD"?
3. Does the emerging pattern function work? I guess it should draw patterns which could get formed, but I dont see anything like that.
4. What do the projection lines show?
5. Question on the pic below.
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Thoughts are things
  • Post #389
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  • May 17, 2012 2:25pm May 17, 2012 2:25pm
  •  Quezoy
  • | Joined Nov 2011 | Status: Member | 1,078 Posts
Another question.

Which ABCD patterns are valid or searched for with kor?
I see more then the usual:
ret 0.618 ext 1.618
ret 0.786 ext 1.27
ret 0.500 ext 2.00

Can somebody shed some light on that?
Thoughts are things
  • Post #390
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  • May 17, 2012 4:37pm May 17, 2012 4:37pm
  •  Ziko9o8
  • Joined Mar 2011 | Status: Member | 988 Posts
Quoting deanoracer
Disliked
So thats a "no"
You dont think they might qualify, because they are on a weekly chart?

hmmmmmmmmmmmmmmmmmmmmmm......
okay
Ignored
- No, It can works (the higher the time frame, the more credible it is) , but you have to wait for weeks to make this pattern qualifies or not (you depend on news so euro could reach 1.2 and 1.16 levels).

- May be Greece could exit EZ, but euro didn't go down as you expect and the more important thing you missed tons of opportunity everyday on M1 and M5 and M15 happen every day, not waiting for one opportunity could happens or not.
  • Post #391
  • Quote
  • Edited Jun 23, 2018 12:24am May 17, 2012 4:52pm | Edited Jun 23, 2018 12:24am
  •  Ziko9o8
  • Joined Mar 2011 | Status: Member | 988 Posts
Quoting Quezoy
Disliked
Have played around a bit with korharmonics. I like it for now.

Some questions:
1. What max deviation would you suggest?
2. Whats the difference between "ABCD", "_ABCD" AND "IT_ABCD"?
3. Does the emerging pattern function work? I guess it should draw patterns which could get formed, but I dont see anything like that.
4. What do the projection lines show?
5. Question on the pic below.
Ignored
- Regarding your two posts #388 and #389:

- For me, I leave the settings as it is, maybe someone else could answer this to you (I've attached the only manual I've for Korharmonics may be it can help you).

- When I leave the settings on default, it doesn't show me the abcd patterns, I only care now about humans (Gartely), creatures (bats and crabs) and insects (butterflies).

- GL.

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  • Post #392
  • Quote
  • Edited at 6:04pm May 17, 2012 5:30pm | Edited at 6:04pm
  •  Quezoy
  • | Joined Nov 2011 | Status: Member | 1,078 Posts
Tnx Ziko!

btw. does the emerging pattern function work?
Thoughts are things
  • Post #393
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  • May 18, 2012 3:47am May 18, 2012 3:47am
  •  fantom
  • | Joined Dec 2009 | Status: if not now.when | 279 Posts
Quote
Disliked
does the emerging pattern function work?
on kor indi settings;there is emerging patterns external variable,you must click 'true' then OK
  • Post #394
  • Quote
  • May 18, 2012 10:27am May 18, 2012 10:27am
  •  Quezoy
  • | Joined Nov 2011 | Status: Member | 1,078 Posts
Some setups I'm watching.
Harmonic patterns are new to me so if I've made mistakes please say so.
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Thoughts are things
  • Post #395
  • Quote
  • Edited at 5:20pm May 19, 2012 5:16pm | Edited at 5:20pm
  •  Ziko9o8
  • Joined Mar 2011 | Status: Member | 988 Posts
Quoting Quezoy
Disliked
Some setups I'm watching.
Harmonic patterns are new to me so if I've made mistakes please say so.
Ignored
- In Dollar/Swiss daily, why you do't sell from 0.9499 approximately 0.9500 (it's a strange thing that you put 0.9500 line on your chart and you wait for the market to confirm your thoughts, you have to sell it now at 0.9499 and from that point Mr. Market doesn't move against you even a one fuckin pip, but you waited and sold from 0.9449 and your risk is becoming a 50 pips.

- Now, you moved your risk from a Zero point to a 50 points against you why? - because you waited.

- Now, Harmonics = selling the high or buying the low.

- But, sometimes you pull your trigger and hit sell at 0.9499 and Mr. Market continue higher and you make a loss. You must develop an edge to yourself that tells you whether this harmonic pattern will be failed or not. (if you tell that story to a trend follower trader, he would say to you "You through yourself in front of a moving Train" and he would also say to you "man Are you trying to Catch a Falling Knife" and he would also say to you "You fuckin noob, follow the fuckin trend. Are you fuckin stupid?").

- Read it, Digest it and I'll be here answering your questions.


- Btw, I've the same kor version and the same edition as you and it finds a bat bearish on my station!
!!
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  • Post #396
  • Quote
  • May 19, 2012 5:42pm May 19, 2012 5:42pm
  •  Quezoy
  • | Joined Nov 2011 | Status: Member | 1,078 Posts
Quoting Ziko9o8
Disliked
- In Dollar/Swiss daily, why you do't sell from 0.9499 approximately 0.9500
Ignored
Because gartley was completed allready 2 days ago.
As you can see, I have enterd spot on at 78.6 fib ret.

p.s. I dont use indy's I draw manualy.
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Thoughts are things
  • Post #397
  • Quote
  • May 20, 2012 8:49am May 20, 2012 8:49am
  •  seun5real007
  • | Joined May 2012 | Status: Junior Member | 1 Post
Quoting phneutral
Disliked
A little update with EW count, lets see if the pattern emerges.
PH
http://phneutral.do.sapo.pt/usdjpy1.gif
Ignored
pl i like this indicator how can i get it..?
  • Post #398
  • Quote
  • May 20, 2012 2:37pm May 20, 2012 2:37pm
  •  kor4x
  • | Commercial Member | Joined Feb 2009 | 200 Posts
here: http://tradingarsenal.com/korharmoni...-6-7-13-a.html

in the first post.
  • Post #399
  • Quote
  • May 20, 2012 2:39pm May 20, 2012 2:39pm
  •  steroidman
  • | Joined Dec 2009 | Status: Member | 572 Posts
Good stuff.
  • Post #400
  • Quote
  • May 22, 2012 7:03am May 22, 2012 7:03am
  •  moin1
  • | Joined Jun 2010 | Status: Member | 87 Posts
i strongly recommend to learn to spot harmonics manually and later use this indicator. you really need an edge to spot high accurate PRZs.
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