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  • #601
  • May 30, 2015 3:05pm May 30, 2015 3:05pm
Quoting Davit
Just another way to look at price. Not to take away harmonics. Notice on my chart EU is heading to 111 and to pivot.Notice momentum indicator small gap to center line leading to pivot UP move will be valid if price passes up pivot and momentum up from 100 center line. If Bear to continue that area is good turning point should price fail to break 111 So we could have typical 123 pattern bounce from pivot or failure of this price could continue up (Greece bailout may trigger this move) {image}
check this out.

http://www.forexfactory.com/showthre...59#post8292559

Looks like we are on the same page
  • #602
  • May 30, 2015 6:19pm May 30, 2015 6:19pm
Quoting Davit
Just another way to look at price. Not to take away harmonics. Notice on my chart EU is heading to 111 and to pivot.Notice momentum indicator small gap to center line leading to pivot UP move will be valid if price passes up pivot and momentum up from 100 center line. If Bear to continue that area is good turning point should price fail to break 111 So we could have typical 123 pattern bounce from pivot or failure of this price could continue up (Greece bailout may trigger this move) {image}
Hi Davit,

Valid and harmonic in so many ways. Pharmor posted a couple similar scenarios. EU I have many posted some relevant ones, waiting for clearer.
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #603
  • May 30, 2015 7:09pm May 30, 2015 7:09pm
Inserted Video
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #604
  • May 31, 2015 5:52am May 31, 2015 5:52am
Quoting Mr. Scott
{quote} Yes Davit, failure of pattern tells as much as success. UJ/GJ are dangerous but I think I want to look to sell. Regards.
Definitely in the ballpark IMHO. Daily showing signs of weakening and 4H seems bearish consolidation atm. That 161 (123.90) "could" be a platform for some further up but it's at a critical point now. Should it launch it'll have to take out 125.75 to keep going. Stranger things have happened but I don't see that without correction first. All I can say is for me, the next button hit will be sell. Just a question of where and when at this point.

I do find the daily/weekly close interesting relative to the 124.120 SR I saw.
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Ghost Rider - WWTBMD?
  • #605
  • May 31, 2015 6:26am May 31, 2015 6:26am
UC - Fibs, ratios, SR/SD, Daily/Weekly/Monthly structure .... all there it seems. Lot's of signs.
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Ghost Rider - WWTBMD?
  • #606
  • Edited 7:31am May 31, 2015 6:48am | Edited 7:31am
Dragon

Lets go fib happy for a moment on just the monthly shall we? Just a touch of confluence in the area. ... I know what I'm looking for.
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But then ... hey ... ya know?
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Ghost Rider - WWTBMD?
  • #607
  • May 31, 2015 7:52am May 31, 2015 7:52am
GN -
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Ghost Rider - WWTBMD?
  • #608
  • May 31, 2015 8:04am May 31, 2015 8:04am
Quoting albchr
GN - {image} {image}
Good Morning Chris
Yes the selling has already began.I am not huge indi fan just some that I like BB RSI pivot3 and my recent interest momentum indicator.I find it useful since its leading indicator instead of lagging.This one has alert to alert you when momentum is shifting.Useful if you are working around the house and not staring at PC.
Notice that divergence is lot more pronounced and clear on momentum.
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In trading, you have to be defensive and aggressive at the same time
  • #609
  • May 31, 2015 8:19am May 31, 2015 8:19am
Quoting Davit
{quote} Good Morning Chris Yes the selling has already began.I am not huge indi fan just some that I like BB RSI pivot3 and my recent interest momentum indicator.I find it useful since its leading indicator instead of lagging.This one has alert to alert you when momentum is shifting.Useful if you are working around the house and not staring at PC. Notice that divergence is lot more pronounced and clear on momentum. {file} {image}
Good morning Davit

Yes, as you know I'm not an indie user either. Even the RSI on my charts is merely a leftover remnant from your template. Think I keep it there more for how good it looks the way you set it up with your color scheme.

Other than that, the only "indie" I use is my purchased SR and occasionally the free SD. That's only because they draw them "pretty much" the way I would so it's just a time saver for me overall. SR/SD and ratios are the meat & potatoes of my views. That, and an understanding of PS is really all you need IMHO.

It's nice to see you posting again brother.
Ghost Rider - WWTBMD?
  • #610
  • May 31, 2015 9:08am May 31, 2015 9:08am
Quoting albchr
GN - {image} {image}
Morning Chris and Davit.

Am watching this as well. I think it is pressing for a short term pullback. Wedge, 3 pushes, ending diagonal for wave 5?

I find the indicators useful just to maintain the rule base of an entry trigger or exit trigger on a lower time-frame around your larger term zones. I think it helps take away some of the Psychology of being wrong and cutting on a signal. Also helps me wait until pattern with indicator forms to take trade keeping me from getting in early. Obviously I stray from my rules to much.
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  • #611
  • May 31, 2015 9:14am May 31, 2015 9:14am
Quoting albchr
UC - Fibs, ratios, SR/SD, Daily/Weekly/Monthly structure .... all there it seems. Lot's of signs. {image} {image} {image} {image}
Hey Chris,

Nice job on the charts, what should I say I agree? I see UJ, I see UC, I see DXY.

Somebody's got to clean up the playroom, because they around here somewhere.
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #612
  • May 31, 2015 9:41am May 31, 2015 9:41am
Hi Scott,

Just curious re you levels around your ratios, are you looking for any pattern setup, confirmation or are you trading the levels on reaching the ratios with set stops?
  • #613
  • May 31, 2015 9:56am May 31, 2015 9:56am
Quoting squawk
Hi Scott, Just curious re you levels around your ratios, are you looking for any pattern setup, confirmation or are you trading the levels on reaching the ratios with set stops?
Hi Squawk,

I am looking for reaction at those levels. Does that answer the question? If I remember correctly, ab cd and butterfly offered precise entries. Did not get the last one.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #614
  • May 31, 2015 9:58am May 31, 2015 9:58am
Quoting squawk
{quote} Morning Chris and Davit. Am watching this as well. I think it is pressing for a short term pullback. Wedge, 3 pushes, ending diagonal for wave 5? I find the indicators useful just to maintain the rule base of an entry trigger or exit trigger on a lower time-frame around your larger term zones. I think it helps take away some of the Psychology of being wrong and cutting on a signal. Also helps me wait until pattern with indicator forms to take trade keeping me from getting in early. Obviously I stray from my rules to much. {image} {image}...
Good morning Squawk ... yeppers .. and when you take the obvious decrease in assentation angle from the 2 previous drives your 4H so clearly shows, seems to be loosing some steam. Correction is due and on this beast? They're usually a whole lot of fun!

As for indies (and your apparent self contradiction for rules? ) ... .... whatever works is whatever works brother. So many ways .... In the early days of my curve I too threw a few on the boards. Problem for me was (is) I'm not smart enough to understand them so I need to keep it simple.
Ghost Rider - WWTBMD?
  • #615
  • May 31, 2015 10:00am May 31, 2015 10:00am
Ok so GN came up, I will post couple. Not my favorite at the moment, they are some larger ones in play,

AN has large daily crab posted around here....
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #616
  • May 31, 2015 10:02am May 31, 2015 10:02am
Quoting Mr. Scott
{quote} Hey Chris, Nice job on the charts, what should I say I agree? I see UJ, I see UC, I see DXY. Somebody's got to clean up the playroom, because they around here somewhere. {image}
Me thinks the cleanup has begun my brother. But you know how it goes in romper room, always a couple bigger kids pulling out more toys when others are putting theirs away. ... lol
Ghost Rider - WWTBMD?
  • #617
  • May 31, 2015 10:04am May 31, 2015 10:04am
Quoting Mr. Scott
{quote} Hi Squawk, I am looking for reaction at those levels. Does that answer the question? If I remember correctly, ab cd and butterfly offered precise entries. Did not get the last one.
Hi Scott, In part it does. I look for the same but what do you set for a failure of setup of your zone? Just curious. I have certain things that cut me out but just curious of others. I like to get out as small a loss as I can but some times that stuffs up the trade.

Feel like I have been watching so many AB CD and Harmonic patterns lately, don't know which ones you mean.
  • #618
  • May 31, 2015 10:09am May 31, 2015 10:09am
Quoting Mr. Scott
Ok so GN came up, I will post couple. Not my favorite at the moment, they are some larger ones in play, AN has large daily crab posted around here.... {image} {image}
Yep, patience is needed on this one. It has some room to grow and you know how it likes to push extremes before making it's move. In GN's case, those "wicks" can be huge on even a 1H ... Gotta just LOVE this pair!

Haven't looked at AN yet but your artwork is always good enough for me. Could use a bit more color though? .... Do you need a new box?
Ghost Rider - WWTBMD?
  • #619
  • May 31, 2015 10:11am May 31, 2015 10:11am
Quoting albchr
{quote} Good morning Squawk ... yeppers .. and when you take the obvious decrease in assentation angle from the 2 previous drives your 4H so clearly shows, seems to be loosing some steam. Correction is due and on this beast? They're usually a whole lot of fun! As for indies (and your apparent self contradiction for rules? ) ... .... whatever works is whatever works brother. So many ways .... In the early days of my curve I too threw a few on the boards. Problem for me was (is) I'm not smart enough to understand them ...
Hi Chris, think there is a big upside on this pair coming. Don't know if you are thinking the same. I'm thinking a good pullback will give a great entry long

The indicators don't really mean anything to me I just like them on lower time frame as something definitive that gets me out more than in (if you know what I mean)

PS should elaborate I have an ATR calculation that I mainly use as an exit when first get into a setup. I know you guys don't use it but I use tick volume previous and current day also.
  • #620
  • May 31, 2015 10:13am May 31, 2015 10:13am
Quoting squawk
{quote} Hi Scott, In part it does. I look for the same but what do you set for a failure of setup of your zone? Just curious. I have certain things that cut me out but just curious of others. I like to get out as small a loss as I can but some times that stuffs up the trade. Feel like I have been watching so many AB CD and Harmonic patterns lately, don't know which ones you mean.
On UC, I had rather precise ab cd and butterfly. Also had 78.6 confluence and bat, think they are posted here.

UJ same. IMO, offered two entries.

Close above negates level/pattern, and we look to exit. Guess exit would depend on plan. Larger tf can reduce position size and give more room or look to be more precise.
The world you desire can be won. It exists.. it is real.. it is possible..
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