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  • #821
  • Dec 19, 2012 6:59am Dec 19, 2012 6:59am
If i want to scalp, i'll do it in that circle targeting pullback zone, but i don't because i'm not good when picking the top or bottom.
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Dangdut is a music of my country
  • #822
  • Dec 19, 2012 7:22am Dec 19, 2012 7:22am
how many pages since any part of 9ers ideas have been represented in this thread?
It's a buy the dip scheme, ya feel me?
  • #823
  • Dec 19, 2012 7:43am Dec 19, 2012 7:43am
Quoting nightstocher
how many pages since any part of 9ers ideas have been represented in this thread?
Sorry dude, I don't want to mislead 9er idea, but i want to keep this thread alive, bring traders come to this thread. 9er will come back soon from his vacation, share his idea and i will join with him to post 9er's chart.
Dangdut is a music of my country
  • #824
  • Dec 19, 2012 7:56am Dec 19, 2012 7:56am
Well then this is my last post in this thread, will post again when i see 9er has come back,..
Dangdut is a music of my country
  • #825
  • Dec 19, 2012 11:15am Dec 19, 2012 11:15am
Quoting NuNix
Well then this is my last post in this thread, will post again when i see 9er has come back,..
it's not that at all. kudos to you NuNix for seeing the value here and trying to keep the thread alive. It's just my hope that some of the voices that have a firm grasp of the patterns can chime in so we can better understand the movement of the patterns with the movement of the AO and RSI.
It's a buy the dip scheme, ya feel me?
  • #826
  • Dec 19, 2012 1:31pm Dec 19, 2012 1:31pm
Quoting NuNix
If i want to scalp, i'll do it in that circle targeting pullback zone, but i don't because i'm not good when picking the top or bottom.
Finding tops and bottoms is really not that hard. Appling some harmonics and some Fibs we get a really good idea where reversals are likely to occur.

Cheers,

Mr. Pip
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If you fail to plan, you plan to fail.
  • #827
  • Dec 20, 2012 1:06am Dec 20, 2012 1:06am
Daily - Like we can see in the chart. when the price touch the first Fractal outside the alligattor teeth (chaos theory), the price will continue. But the price a little bit overbought for now. RSI is above 70

Bias : The trend is Bullish. But it's overbought
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  • #828
  • Dec 20, 2012 1:15am Dec 20, 2012 1:15am
H4 - This is an example of trading based on chaos theory. Trade when the AO form a pattern like what i circle in the chart after the first fractal appear outside alligator teeth.

Bias : Still bullish, not overbought again. But the Daily RSI still overbought. Beware
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  • #829
  • Dec 20, 2012 1:43am Dec 20, 2012 1:43am
Quoting nightstocher
it's not that at all. kudos to you NuNix for seeing the value here and trying to keep the thread alive. It's just my hope that some of the voices that have a firm grasp of the patterns can chime in so we can better understand the movement of the patterns with the movement of the AO and RSI.
Well then, here is my first order today.
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Dangdut is a music of my country
  • #830
  • Dec 20, 2012 1:46am Dec 20, 2012 1:46am
Quoting Mr. Pip
Finding tops and bottoms is really not that hard. Appling some harmonics and some Fibs we get a really good idea where reversals are likely to occur.

Cheers,

Mr. Pip
Still hard in finding tops/bottom, will learn more from you Mr.Pips. Please share more chart
Dangdut is a music of my country
  • #831
  • Dec 20, 2012 1:50am Dec 20, 2012 1:50am
H1 - RSI already below 50, The price try to build a lower low. Let's see how the price will go. Break of the fractal will make the Bear live again

Bias : Slightly Bearish
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  • #832
  • Dec 20, 2012 1:55am Dec 20, 2012 1:55am
Quoting vahn
H1 - RSI already below 50, The price try to build a lower low. Let's see how the price will go. Break of the fractal will make the Bear live again

Bias : Slightly Bearish
Agreed
Dangdut is a music of my country
  • #833
  • Dec 20, 2012 1:57am Dec 20, 2012 1:57am
M15 - Market move in range. The price still search for direction.

Bias : Unknown
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  • #834
  • Dec 20, 2012 9:17am Dec 20, 2012 9:17am
Try to catch pips on retracement leg with small lot but loss, order on trend leg for sure it's winning trade.

We still can make money in December month, right?...

S(-17) + L(+218) = 201 green pips

That's my last trade for 2012. I'm in vacation tomorrow for new year party, will trade again in 2013.

See you all again on January 2013 and Happy New Year
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Dangdut is a music of my country
  • #835
  • Dec 20, 2012 1:35pm Dec 20, 2012 1:35pm
I am fascinated by Harmonics and was wondering if GU does fall into this pattern and if not why not?
I am seeing bearish pattern but again I am a beginner in Harmonics
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In trading, you have to be defensive and aggressive at the same time
  • #836
  • Dec 21, 2012 11:57am Dec 21, 2012 11:57am
For those that are interested, here is the latest ZUP indicator.
It has more patterns built in.


"Originally Posted by poruchik from another FORUM

ZUP 122

Changes only for fans of butterflies.
It is possible to stock up with a pith helmet and a net.

Parameters.

SelectPattern - sets groups of 5 dot patterns for search of "indistinct" and "exact" patterns".
This parameter helps to allocate for search patterns from the following list:
1 - Gartley
2 - Bat
3 - Anti Alternate Shark
4 - Anti Nen STAR
5 - Butterfly
6 - Crab
7 - Anti Shark
8 - Anti Cypher
9 - Anti Butterfly
10 - Anti Crab
11 - Shark
12 - Cypher
13 - Anti Gartley
12 - Anti Bat
15 - Alternate Shark
16 - Nen STAR
17 - Alternate Bat
18 - Deep Crab
19 - Black swan
20 - max Bat
21 - max Gartley
22 - max Butterfly
23 - TOTAL 1
24 - TOTAL 2
25 - TOTAL 3
26 - TOTAL 4
27 - TOTAL

The configuration of patterns corresponds to that that the poruchik spread in the file where patterns like TOTAL for the first time were presented.

max patterns correspond to those patterns which were in ZUP to 115 versions inclusive.

The black swan corresponds to that originally I offered MacPan
Other five-dot patterns correspond to that on Scott Carney's site.

Search of "indistinct" patterns is made consistently according to the provided list.
Search "exact" паттерныов is made on other algorithm.

At first it is prospected "exact" patterns, then "indistinct" patterns.
If the five-dot pattern isn't found, the following patterns are consistently looked for:
Dragon - the user patterns - The 4-Point Continuation Pattern - 5-0 - AB=CD.

......."
Attached File(s)
File Type: zip ZUP_v122.zip   98 KB | 382 downloads
  • #837
  • Dec 21, 2012 1:02pm Dec 21, 2012 1:02pm
Quoting chopstix
For those that are interested, here is the latest ZUP indicator.
It has more patterns built in.


"Originally Posted by poruchik from another FORUM

ZUP 122

Changes only for fans of butterflies.
It is possible to stock up with a pith helmet and a net.

Parameters.

SelectPattern - sets groups of 5 dot patterns for search of "indistinct" and "exact" patterns".
This parameter helps to allocate for search patterns from the following list:
1 - Gartley
2 - Bat
3 - Anti Alternate Shark
4 - Anti Nen STAR
5 - Butterfly
6 - Crab
7...

Folks, I’ve mentioned this before. You have to get to know these patterns. You can’t possibly trade all these patterns and be profitable. Some of these I haven’t even heard of and harmonics is all I trade. Beware; people like to make thing up. What the hell is an anti crab it doesn’t even sound right.

Harmonics are a great and extremely accurate way to trade but I’ll say this again. You must qualify the patterns you intend to trade. This indicator although helpful is also misleading and dangerous. It repaints severely. It identifies swings with the ZIGZAG indicator built in and that alone repaints. The ranges of these patterns are too wide so what ends up happening is you have mutating patterns.

Please exercise caution in you assessment and get to learn your most basic and profitable patterns first. You can always grow from there.

I don’t want to take over this thread and out of respect for 9er I will limit what I will put out here as this is not what this thread is about but some of these patterns are reversals and some are continuation of trends. They occur in areas of price congestion. So the first question you have to ask yourself is. Is this pattern in the right place? Does it make sense for it to have formed here? If your answer is not it’s okay to proceed but be very aggressive with your trade management as that pattern would have greater risk associated with it.

Regards,

Mr. PIP
If you fail to plan, you plan to fail.
  • #838
  • Dec 21, 2012 1:14pm Dec 21, 2012 1:14pm
Quoting Mr. Pip
Folks, I’ve mentioned this before. You have to get to know these patterns. You can’t possibly trade all these patterns and be profitable. Some of these I haven’t even heard of and harmonics is all I trade. Beware; people like to make thing up. What the hell is an anti crab it doesn’t even sound right.

[font=Calibri][size=3]Harmonics are a great and extremely accurate way to trade but I’ll say this again. You must qualify the patterns you intend to trade. This indicator although helpful is also misleading and...
I totally agree with you.One must be able to see basic patterns and know it at heart.Nothing is substitute for knowledge personally gained.
Thank you
In trading, you have to be defensive and aggressive at the same time
  • #839
  • Dec 21, 2012 1:36pm Dec 21, 2012 1:36pm
Quoting Davit
I am fascinated by Harmonics and was wondering if GU does fall into this pattern and if not why not?
I am seeing bearish pattern but again I am a beginner in Harmonics

Yes and no. Please refer to my chart for an explanation. Nothing can be traded blindly we must obey what price is trying to tell us. It will always speak to us and confirm what we are seeing. We trade what we see not what we think. This has also been disqualified as a crab pattern as per my rules of engagement. The BC correction was too deep. I would need to see alternate confluence to have me long at a 161 ext. of XA. This is where a crab would complete.

Regards,

Mr. Pip
Attached Image (click to enlarge)
Click to Enlarge Name: $GBPUSD (60 Min) 12_21_2012.jpg Size: 101 KB
If you fail to plan, you plan to fail.
  • #840
  • Dec 21, 2012 3:40pm Dec 21, 2012 3:40pm
I totally agree with you Mr. Pip.

Although this indicator looks good to the untrained eye.
It is a very complex indicator, that may produce many false positives.
Like any indicator one has to thoroughly learn its mechanics, tweak its settings... in order to incorporate it into ones arsenal.
Event then we are still at the mercy of the markets; if we do not have (or trust) our edge.

Regards

Quoting Mr. Pip
Folks, I’ve mentioned this before. You have to get to know these patterns. You can’t possibly trade all these patterns and be profitable. Some of these I haven’t even heard of and harmonics is all I trade. Beware; people like to make thing up. What the hell is an anti crab it doesn’t even sound right.

[font=Calibri][size=3]Harmonics are a great and extremely accurate way to trade but I’ll say this again. You must qualify the patterns you intend to trade. This indicator although helpful is also misleading and...
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