Thread: Interactive Trading Setups Disscussion

Originally Posted by paulselvan

The snapshot you've posted at #2006 nothing matter with HP....if i remember correctly they represent Elliot waves

it is basic fib retracement study made by the author... leads you to ABCD retracement, or whatever retracement of wave theories... of course you might associate it with elliot as well... waves are waves I guess. Then what your rules are to use this information is an individual question for each of us. Dunno LOL.

Hi,
EURCAD H4 Cypher...remains CD leg

Originally Posted by paulselvan

Hi,
EURCAD H4 Cypher...remains CD leg

IMHO it's lost time and energy to predict so much ahead

Originally Posted by kor4x

IMHO it's lost time and energy to predict so much ahead

It might be lost time, however some people do enter trades at C or on C-D, in that case this information might be handy. Isnt that right?

paulselvan - just a comment C@1.13 would qualfy for a shark not a cypher in my dictionary, but I know there are different information out there.
Regardless, I think it is a great finding, several harmonics seem to come together at your C pont, including a daily gartley 78%. Confluences within each harmonics to be verified before deciding to enter.

Hi,
Let me compare forecasting HP as waiting in an unknown bus stop...while waiting for the bus you have time to look all around (ie market parameters)...
I agree kor4x easyway to be at time in the bus stop-after 65% AMPmonitor emerging HP- right when the bus is coming...
i do not trade not full-filled patterns(too risky)

Originally Posted by lobogabor

paulselvan - just a comment C@1.13 would qualfy for a shark not a cypher in my dictionary, but I know there are different information out there.
Regardless, I think it is a great finding, several harmonics seem to come together at your C pont, including a daily gartley 78%. Confluences within each harmonics to be verified before deciding to enter.

I should not be so minimalistic with my target when such a multiple harmonic coincidence happens virtually on the SAME level. Nice 50 pips and the break down has just started.

Trade With The Banks #1