Page 11 of 12 FirstFirst ... 9101112 LastLast
Results 101 to 110 of 117
Like Tree21Likes

Thread: Different Confirmation Techniques for Harmonic Patterns

  1. #101
    Senior Member
    Join Date
    Dec 2011
    Posts
    172
    What is that instrument by the way?

  2. #102
    Senior Member
    Join Date
    Mar 2012
    Posts
    182
    I use trend lines / Andrews Pitchfork and obviously the Fibonacci expansion tools but I draw all patterns manually.

  3. #103
    Senior Member
    Join Date
    Mar 2012
    Posts
    182
    This is how I use a smaller pattern to enter into a larger pattern with small risk and large reward.


    kor4x, dezire and wickedwin like this.

  4. #104
    Wizard
    Join Date
    Oct 2011
    Location
    A, A
    Posts
    2,524
    This is very good explanation, mate, and very PRO technique.
    Another way is to look for a butterfly pattern at the end of ABCD pattern, this of course would mean entering with higher risk (as there is no sign of market trun) but smaller SL.
    well done!

  5. #105
    Senior Member
    Join Date
    Mar 2012
    Posts
    182
    Gartley AB=CD intraday confirmation


  6. #106
    Junior Member
    Join Date
    Nov 2012
    Posts
    9
    Hi,

    I think the new Elliott Wave rule discovered recently by TS Hennessy could help us to identify a likely reversal in the PRZ of an harmonic pattern: In Every 5th wave and in Every C wave, the 4th wave WILL have a B wave which will set New Trend Price Territory.

    If we expect a reversal in our PRZ, then we are likely at the end of the 5th wave or at the end of a C wave. In this last wave, wave 4, which is a corrective wave, must have an irregular ABC pattern, where wave B is actually making a new low in a down trend or a new high in an up trend.

    This can help us to avoid a too early entry if we think we are in a 5th wave of lower degree when we actually see a irregular B wave. And this can help us to confirm our entry if we see some kind of irregular correction on the move to the PRZ.

  7. #107
    Wizard
    Join Date
    Oct 2011
    Location
    A, A
    Posts
    2,524
    can you attached some examples?

  8. #108
    Junior Member
    Join Date
    May 2013
    Posts
    1
    Thanks blott. But I can't get the VSA signal indi to work - it's says "waiting for authentication"??? Please help. Thanks!

  9. #109
    Junior Member
    Join Date
    Oct 2012
    Posts
    3
    Quote Originally Posted by blott View Post
    Here they are:-
    Hi ,

    Can anyone get the VSA signal indi working? Neither 1.01 or 1.02 will give any signals when I apply it to a chart.

    Thanks in advance.

    John.

  10. #110
    Senior Member
    Join Date
    Nov 2011
    Location
    Norfolk (pining for the moors)
    Posts
    148
    Hi John,
    Nope, couldn't get it to work either. Sorry.

    Mike

Page 11 of 12 FirstFirst ... 9101112 LastLast

Similar Threads

  1. Confirming Harmonic patterns with Divergence
    By jaguar in forum Indicators / Exepert Advisors
    Replies: 30
    Last Post: 06-30-2016, 04:12 AM
  2. Replies: 3
    Last Post: 07-08-2012, 07:47 PM
  3. Replies: 0
    Last Post: 04-03-2012, 11:08 AM
  4. Replies: 0
    Last Post: 02-07-2012, 03:20 PM
  5. Replies: 0
    Last Post: 02-06-2012, 10:51 PM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41