Another one, CHFJPY Bullish Butterfly on the 5min, 1 min here
20 pips, i'm not an experienced yen trader
Last edited by jtrader; 11-14-2011 at 09:34 AM.
EURCAD, wasn't confident on the entry.
I had to contend with 3 different action points.
Stopped out 4 pip profit, possible 20 pip take profit with ABC correction, didn't take it. Didn't like the trade from the beginning.
Last edited by jtrader; 11-17-2011 at 11:46 AM.
USDHKD, have to pick the top with the large spread.
A small reaction, but it failed.
Last edited by jtrader; 11-17-2011 at 11:34 PM.
Ftse - Gartley Bearish, S+D, Divergence
-what is this BH-Ergodic indicator? if you find it good feel free to attach(with screenshot) to proper section of the forum.
- drop me a priv message if you are interested to be added to our skype harmonic traders group, where things are shared real time.
Will do Kor4x but tomorrow, I'm soooo tired.
Nice, I have some videos and a trading article about the Law of Action and Reaction but its not like what you are showing above
but very useful and interesting none the less but I will not post them unless Kor is ok with it.
Action Reaction - Another Perspective
This particular approach works quite well particularly for timing.
Price does not always follow the direction of the line but the end
of the line most of the time signals a turning point.
Attacthed is a Pic of the SP 500 and how it worked on a daily chart.
Thanks for the different perspective, I've heard term Action/Reaction coined in various ways in relation to trading, fib expansion traders use it and also the standard pitchfork guys do to. I couldn't think of anything else that could describe my technique, except for the fact that it's like the strings on a guitar.
Last edited by jtrader; 11-23-2011 at 02:37 AM.
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