12-15-2012, 12:50 PM #1051
We are close to potential reversal on COFFEE, nice harmonic bullish butterfly pattern in the S/D zone, price volatility fractal inside the pattern swings confirms the possible turning point
reattaching the screenshot I posted some days ago (from the higher timeframe)
12-15-2012, 09:28 PM #1052
What is a price volatility fractal ?
Originally Posted by kor4x
12-15-2012, 09:47 PM #1053
We are analyzing internal structures of the swings within harmonic patterns.
12-16-2012, 03:50 AM #1054
Thanks for the post of coffee. Really helpful in learning on what people see on the charts
12-16-2012, 09:11 PM #1055
12-17-2012, 11:40 AM #1056
now trading ...EURUSD M1 harmonic Gartley bullish pattern ->
... if one can only find the order in this M1 chaos...
time to move to BE.
12-17-2012, 08:42 PM #1057
for me this day was dominated by 2 patterns I traded.
Bullish Gartley (presented above) and Bearish butterfly corrective move (presented on our chat) -> that continues its down move till now ->
You may want to look at the Butterfly pattern location in the Elliott Wave fractal -> Butterfly pattern and Elliot Wave theory
...shell we expect the EURUSD falling strongly now? I do not know, I do not care. Prognosing is for market analysts ;-) Tomorrow I may look for another opportunity and a new entry.
So far December equity curve results are not bad, although very little trades taken ->
As always the same issue in my head ... is it better to keep my trades running for longer time (I have good entries) or take the winners on daily basis (often too early unfortunatelly). This month I am trading the second approach.
12-18-2012, 07:31 AM #1058
12-18-2012, 07:32 AM #1059
12-18-2012, 08:23 AM #1060
Last edited by SlyQsx; 12-18-2012 at 08:27 AM.