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Harmonic and Classic Patterns

  • #721
  • Edited 6:33am Feb 21, 2013 6:20am | Edited 6:33am
Quoting janek23
Truely great indicator! (well, you probably know that already)

Can anybody tell me where can I find some explanation how to use it?

>I need to know when is the entery (what is that red box on the end of formation?).
>I'd be glad to get list of formations (with examples).

I know it's all somewhere in this thread but it's kinda over me to ready 400 pages...
Hey, if you dont have time to study or read then DONT trade!

If you find some time then read all Scott M. Carney books, Suri Duddella book Trade chart patterns like pros and Larry Pesavento books.
Of course you can find information about patterns and harmonic trading in internet for free. Try GOOGLE.

http://www.trade-forex-harmonic-patt...n-success.html
  • #722
  • Feb 21, 2013 6:26am Feb 21, 2013 6:26am
Quoting caparzocap
Hi to all,

How can we make the PRZ more wider horizontally? is there an option for that to change?
And when i use zigzag number 12 instead of number 11, it doesnt find any pattern in non of the time frames?

Thanks
Width of PRZ shows Perfect time to reversal happen i think you cant change it and seccont problem i dont understand. If zigzag nr 11 works and nr 12 dont
work then dont change it. Leave it to nr 11..??
  • #723
  • Feb 21, 2013 7:15am Feb 21, 2013 7:15am
Quoting ESTtrader
Width of PRZ shows Perfect time to reversal happen i think you cant change it and seccont problem i dont understand. If zigzag nr 11 works and nr 12 dont
work then dont change it. Leave it to nr 11..??
because 12 is more precise...
  • #724
  • Feb 21, 2013 7:22am Feb 21, 2013 7:22am
Quoting caparzocap
because 12 is more precise...
It will just give you smaller patterns. Smaller risk and smaller reward.

But i use v 129 and i changed zigzag to 12 and it showed patterns to me...
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  • #725
  • Feb 21, 2013 10:52am Feb 21, 2013 10:52am
Quoting ESTtrader
Hey, i learned dragon pattern from Suri Duddella book Trade chart patterns like pros and there it is classified as Double Top or Double Bottom Pattern.
If legs Price diffrence would be lets say 50 % would you call it anymore Double Top or Bottom . I think not. At least thats my Logic

And about Pattern failing often i must ask how big sample size you used to reach this conclusion?

Where to enter is your own choice in long run sometimes you would have been better of if you would entered on Hump other times on trendline. There isnt
rock solid...
Thanks for your answer.
Yeah, that's what I thought, we don't want a limping dragon
  • #726
  • Feb 22, 2013 7:18am Feb 22, 2013 7:18am
http://2.bp.blogspot.com/_UU2RwXv4qf...white-swan.jpg
http://f1302.hizliresim.com/16/q/kcppx.png
  • #727
  • Feb 22, 2013 7:22am Feb 22, 2013 7:22am
Wow, Nice havent seen swan pattern before .
  • #728
  • Feb 22, 2013 7:34am Feb 22, 2013 7:34am
Nice,
Let's hope it doesn't want to catch a fish
  • #729
  • Feb 22, 2013 7:39am Feb 22, 2013 7:39am
black swan reversal
http://b1302.hizliresim.com/16/q/kcqcq.gif
http://f1302.hizliresim.com/16/q/kcq59.png
  • #730
  • Feb 22, 2013 7:42am Feb 22, 2013 7:42am
Nice one waltpips

What do swans eat?

Swans living on fresh water will typically eat pondweed, stonewort and wigeon grass, as well as tadpoles and insects such as milfoil.

Swans living on salt water will typically eat sea arrow grass, salt marsh grass, eel grass, club rush and green algae, as well as insects and molluscs

Im trying to find information about swan patterns but there isnt much. If it should workout it should be massive move...

I hope maybe poruchik have anything about it ?
  • #731
  • Feb 22, 2013 7:51am Feb 22, 2013 7:51am
Quoting ESTtrader
Nice one waltpips

What do swans eat?

Swans living on fresh water will typically eat pondweed, stonewort and wigeon grass, as well as tadpoles and insects such as milfoil.

Swans living on salt water will typically eat sea arrow grass, salt marsh grass, eel grass, club rush and green algae, as well as insects and molluscs

Im trying to find information about swan patterns but there isnt much. If it should workout it should be massive move...

I hope maybe poruchik have anything about it ?
Learned something today , but I was only kidding.
I guess the black swan ate a fish and choked on it
  • #732
  • Feb 22, 2013 8:06am Feb 22, 2013 8:06am
Thank you Waltpips you made my Day

Your logic about swans patterns is perfect..
  • #733
  • Feb 22, 2013 10:14am Feb 22, 2013 10:14am
Quoting ESTtrader
Nice one waltpips

I hope maybe poruchik have anything about it ?

I do white swan
it is mirror for black
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  • #734
  • Feb 22, 2013 10:22am Feb 22, 2013 10:22am
Tnx man, but do you now anything about target levels or estimated targets?
  • #735
  • Feb 22, 2013 10:38am Feb 22, 2013 10:38am
black - more simply
analogous WW
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  • #736
  • Feb 22, 2013 10:51am Feb 22, 2013 10:51am
Sometimes WS=Sea horse
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  • #737
  • Edited 11:24am Feb 22, 2013 11:13am | Edited 11:24am
let's look now
EUR 5M
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  • #738
  • Feb 22, 2013 12:51pm Feb 22, 2013 12:51pm
@ poruchik

I'm using zup 129 to find ONLY dragons.
I have changed SelectPattern to 7,
visiblePattern all 0,
and of course
Ext_4PointPattern = false, _50 = false, ABCD = false.
only dragon = true.

It works but the dragons appear too late very often.
Here it is not there:

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Then I open the zup 129 settings, and without changing anything I click OK and close, so the zup is reloaded and there it is:

Attached Image (click to enlarge)
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The same happens when a BIG pattern is found --> big ZZ
Again I open the zup 129 settings, and without changing anything I click OK and close, so the zup is reloaded
and the ZZ is now smaller and starts drawing smaller patterns??

Please don't tell me to buy a wristwatch for the dragon so it will be on time next time.
But what would be the best zup and settings for only the dragon pattern?
  • #739
  • Feb 22, 2013 2:12pm Feb 22, 2013 2:12pm
@ poruchik

What is the differences between ZUPv130 and ZUPv130 WHITE swan?
  • #740
  • Feb 22, 2013 4:01pm Feb 22, 2013 4:01pm
Walter, use SelectPattern=8
maxDepth =5
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