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Thread: Action Reaction

  1. #51
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    Mr Pitchfork himself... Alan Andrews


  2. #52
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    For me it's a recommendation for reversal within the korharmonics PRZ


  3. #53
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    Watching...



    It dropped a level with a news announcement. Possibly a trade but it seems to be breaching the line.



    And the reaction came.

    Last edited by jtrader; 12-09-2011 at 01:08 PM.

  4. #54
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    You can trade use this tool not only with harmonic patterns like I've shown here. You can add your own analysis to pick which string price will bounce off.


  5. #55
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    And again here...


  6. #56
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    I wish I had a supporting argument at that level.


  7. #57
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    It gets messy sometimes. The euro dived harder.. oh well.

    Last edited by jtrader; 12-19-2011 at 07:44 PM.

  8. #58
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    A trio of patterns on AUD


  9. #59
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    jos, that's good, it attracted my curiosity.. but.. do you think it can only manually designed? Or maybe there is something like an indi that draw it automatically?
    Thanks for your posts!

  10. #60
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    I believe it is possible, as the zup indicator draws one or two of these lines on it's patterns, but as you will see on my prev post 12/12, at times you have to think outside of the box you could say in determining your pivot points, sometimes the median line is not always X-B, sometimes it's X-C, and sometimes like the 12/12 post it's outside of the pattern all together. Also when you drag the expansion out to A there is sometimes multiple points. Applying the lines can be tricky, and from my experience there is a little bit of an art to it.

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