Thread: Interactive Trading Setups Disscussion

ok

there is an impulse waves as defined by Corney on eurysd h4..
But this one has XA // AC ..could it be right one?

Originally Posted by paulselvan

there is an impulse waves as defined by Corney on eurysd h4..
But this one has XA // AC ..could it be right one?

I am not sure I understand the question/example... could you pls clarify?
As I see the current situation
yes it is not a bat, but gartley, based on B @ 0618 ret
yes it is supposed to get above the D @ 78.6 of XA because the minimum requirement of AB=CD is not fulfilled - it is my assumption at least.
but this does not turn it into a bat, since B is still outside the bat specification, and still meets the gartley B specification.
The whole thing is a GO until price closes above X of the pattern...would it be a gartley, or a bat, does not matter.
If it does and when it does close above X, we look for a different pattern, or different opportunities before getting to that different pattern.
That is how I see it, and I would like to see your recommendations. But it is Fri and late, so I do not expect much movements, neither I want to take part in that before the Mon open . So I guess we shall be more clever on Monday .
Have a nice weekend!

Originally Posted by lobogabor

I am not sure I understand the question/example... could you pls clarify?
As I see the current situation
yes it is not a bat, but gartley, based on B @ 0618 ret
yes it is supposed to get above the D @ 78.6 of XA because the minimum requirement of AB=CD is not fulfilled - it is my assumption at least.
but this does not turn it into a bat, since B is still outside the bat specification, and still meets the gartley B specification.
The whole thing is a GO until price closes above X of the pattern...would it be a gartley, or a bat, does not matter.
If it does and when it does close above X, we look for a different pattern, or different opportunities before getting to that different pattern.
That is how I see it, and I would like to see your recommendations. But it is Fri and late, so I do not expect much movements, neither I want to take part in that before the Mon open . So I guess we shall be more clever on Monday .
Have a nice weekend!

have a nice wk too

Originally Posted by drapichrust

to give you taste of gann practical application, example of recent butterfly pattern on GBPUSD

wave AB
time range 28 (bars) = 7 degrees
price range 127,5 (pips) = 7 degrees
equality marked green

wave CD
time range 21 (bars) = 240 degrees
price range 112 (pips) = 240 degrees
equality marked orange

wave AD
time range 77 (bars) = 274 degrees
price range 163 (pips) = 273 degrees
equality marked blue, its also is valid when +-3 degrees difference

pozdr
drap

hello kor4x
i looked back on post#19 Gann thread
Why for the calculation of wave AD trading days ,thats the blue D is taken in consideration
...and for the calculation of wave CD trading days , the orange D is taken in consideration ?
So in fact this pattern has two D points..

Originally Posted by paulselvan

have a nice wk too

Hi there, sorry, I might have interpreted the instrument there wrong!
Now, reading the posts again, I see like you posted EurUsd and I was still referring to GbpUsd I guess. Sorry if I was blind sighted, my fault!
I will check it again, and learn what I can.
pozdr

Originally Posted by paulselvan

there is an impulse waves as defined by Corney on eurysd h4..
But this one has XA // AC ..could it be right one?

Looks like a valid shark to me with comletion D (your C) between 78.6-113 of XC (your OB)
Your naming convention is changed I believe due to the frequent shark and 5-0 harmonic coexistance.
Nice finding anyway, and sorry I missed it so far.
Your XA also shows the right fibex range, or I misundersood the question?

Originally Posted by lobogabor

Looks like a valid shark to me with comletion D (your C) between 78.6-113 of XC (your OB)
Your naming convention is changed I believe due to the frequent shark and 5-0 harmonic coexistance.
Nice finding anyway, and sorry I missed it so far.
Your XA also shows the right fibex range, or I misundersood the question?

hi lobogabor,
you're right in all line for this HP ...I note that as you say the naming convention is changed...
But my remark is that the trendline XA and the trendline AC are parallels ! Thats meaning the leg XA and AC are mixed : Could it be for an HP ?