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Thread: Action Reaction

  1. #61
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    It's tool you play around with, cause I'm just making it up as I go... lol


  2. #62
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    Thanks Ziemo

  3. #63
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    I'm learning One2One patterns when the market isn't presenting any harmonic patterns, here is a nice trade.


  4. #64
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    Giving Aussie a go.

    Moved s/l to b/e


    Kor: yes it was actually perfect I measured it, exactly 2 pips off low (spread) I don't think I've ever done that before lol.
    Attached Thumbnails Attached Thumbnails Action Reaction-2012-01-13_0318.png  
    Last edited by jtrader; 01-12-2012 at 04:40 PM.

  5. #65
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    whatever happens next, it was PERFECT entry!

  6. #66
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    Hello guys, I'm trying to perfect myself, what do you think? there is some error in the channel? think I've failed at something?
    Attached Thumbnails Attached Thumbnails Action Reaction-schermata-2012-01-12-19.36.42.jpg  

  7. #67
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    Set the fibo levels of the fibo channel to -1.618, -1.75, -2 & -2.25 and apply like in the video.

  8. #68
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    ok jos, thanks.. first I apply Fibo retracement (like the video), then I delete it and then I apply the fibo channel (with the fibo level you suggested me)? I try do it now

  9. #69
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    Nov 2011
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    Good morning to all! I think I have a problem with this technique.

    I apologize in advance if you lose your precious time with my "problem", but I tried again to carry out the instructions of the video with one exception: I don't draw the butterfly with points just because it is already designed by Korharmonics indi.
    I uploaded a link with my pictures of the steps in the recent case about a butterfly found recently by Korharmonics, EURUSD currency, M15 tf.
    Steps 8 and 9 are crucial (if I have previously done it correctly), as you see it creates a fibo channel (with the changes that jos has kindly suggested to me) very different from what I see in your pictures and video posted above .

    If you have any idea (or fix) to let me see, you are well come!

    http://www.screencast.com/users/John...armonic%202012

  10. #70
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    Hi john, i was looking at the pictures, i've noticed that where the point 2 of the channel should be there is nothing... unfortunately in my chart korharmonic doesent show that pattern so i 've used one on usdchf on 30 min tf... And this is what i obtain, i start the channel in the X point, so that point 1 is on the X-B leg of the pattern... Then i move the action line to X-A leg, point 2 of the picture, and i obtain the point 3 right where D point should be... Again in the bullish pattern i start the channel in X point, and point one is on X-B leg, point 2 in X-A leg, and the projection is on D point...
    I hope it will help, sorry i'm poor at explaining things XD, Joswald should enlightened you more

    P.S, Joswald if i'm doing it wrong please also enlight me


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