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Thread: Price reversal points

  1. #1
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    Price reversal points

    hi holychen and all members what i am seeing on the charts are triangles of different shapes creating a market geometry, i might be wrong, but all my tests shows that price reverses anytime we have a triangulation point.some call it waves some call it zigzagging.if you get 2point on a wave divide into 2 with mt4 trendline you can project here the next wave is going to turn.this is key to what i see on harmonic patterns.smaller waves within a bigger wave.mt4 zigzag gives the smaller waves ,non lag zig zag gives the bigger waves ,RM point gives .Demand and supply zones ,Harmonic pattern reversal zones can be validated with RM points. to know if you are correct or wrong. i attach the non lag and the RM point calculator.can some one comment on this if i am right or mistaking
    RM Formula.pdf
    nonlagzigzag_v2-1.ex4
    NonLagMA_v7.1.mq4
    Reversal magic Calculation.xls
    Last edited by kor4x; 01-29-2012 at 11:26 AM.

  2. #2
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    hi Kolapo, some very interesting thread, could You please post some screenshots of how You see it/use it? that would be great!

    cheers

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    Smile Price reversal points

    Price reversal points-public.jpg
    Attachment 273
    Attachment 274

    hi ziemo i use the white non lag zigzag to determine the RM calculations, excel spreadsheet attached already,i then look at prior wave for the balance point, points of indecision high target a low, low target a high ,if you put a cross there ,half way point you can project where price will go next.if you read the pdfs you will get a gist of it .price leaves an imprint on the charts where it is going next ,Kor has done a great job with the harmonic threads.Gaps and holidays are added.its a teaching by Micheal .J.Parsons it works. you will be amazed what you see on the charts. i will include the balance dynamics PDF and probably later the channel surfing to determine when trend finishes .All the rest candle sticks, macd ,sup/dem goldfinger are just confirmations lol
    Last edited by kor4x; 01-29-2012 at 08:14 PM.

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    Smile Price reversal points

    seeziemo just to add can you see half circles on charts? they are turning points some are large some are small,and form part of a bigger half circle.Read this and you will learn triangulations.buy at bottoms of half circle and sell at tops, reversal magic helps to identify those points.
    Last edited by kor4x; 10-18-2014 at 05:18 PM.

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    many thanks kolapo, it looks very interesting. I have to read all that stuff and then for sure I will have some further questions anyway, many thanks for sharing it. Didn't You think about starting Your own trading journal here on forum?

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    i have not thought about that because most of the stuffs are self explanatory.by practice you learn how to read charts properly and you can confirm with some other instruments.Reversal price points has videos as well which will help a lot but they are copyright stuff which cannot be posted.i check the forum occasionally and i will reply to questions asked.the market should not be defeating people every time.if you are patient the clues to the puzzles are on the charts.

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    Price reversal points-public2.jpgFloat.mq4hi everyone i discovered from one of my arsenals that the attached float helps with the RM point calculations. it gives the precise bar of the turning .like i said earlier draw a line from the opposing l was last through the middle it will give you the next reversal point by triangulation.Good luck.use higher time frames to see the big picture as lower time frames will be retracements 1st target is 50% level
    zabacom likes this.

  8. #8
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    thanks Kolapo, it loosk very promising, will definitely try it

  9. #9
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    I have the PDF "Channel Surfing" by Michael. J. Parsons - if that would help anyone.

  10. #10
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    Trade monster you can share it for newbies .the videos are good as well.what i see on the charts are arcs or half circle or ellipse whatever it is called ,then buy at the bottom or sell at the top its been a good day on the intra day so far.you will see the M:s and the W.s as structural points .if you follow the rules + a bit of confirmation you will always make pips.good luck to everyone. please post any questions.as long as you learn how to triangulate price you will be okay.

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