ZBEAR, Thanks. Please note that in my post I did not mean to impute Mr. Carney's reputation. I did not use his name in my post. I was...
ZBEAR, Regarding your post to Maverick about other patterns, it seems obvious that you are well versed in chart patterns. Also, as you likely...
Mav and opm, Really appreciate your contributions here. It shows that we can really have an intelligent thread on a meaningful subject....
opm8 Here is the 5 min. chart I referred to in my previous message. See attachment. al c.
opm8, I have found that the best way to trade these patterns is to trade all the patterns that develop. So, for example; if I watching a 2...
opm8, Another interesting fact about the patterns I trade is that they are visible on ALL time frames including tick charts. So, a trader...
There ya go al c. Patterns within patterns. I like the way you stretch past intermediate Hi's n Lo's to grab those fib numbers. Confirmation...
Attached is the second chart I mentioned in my previous post. al c.
The patterns have been working extremely well in recent days. Attached is the first of 2 charts posted. The first chart shows the confluence of...
ZBEAR, I saw that you asked MACD to post some charts, so I thought I would post one with what you were asking for however, this chart also...
MondoTrader, The way I refer to CONSISTENCY has nothing to do with wins and losses. It has to do with the CONSISTENT and disciplened...
Jayford, Speaking for myself, I found it of great RELIEF when I finally gave up the use of indicators while following patterns. It eliminates...
Wally, 1.27 is the sq. root. of 1.618. These are Fib. EXTENSIONS NOT RETRACEMENTS and are vital to the way I trade. The extra line you...
Jayford, My trading is strictly pattern based as well. However, I don't use ANY other indicators, strictly the price patterns which must meet...
abducens, This is not a Gartley pattern and, yes there is a Fib. ratio of 1.27 at the entry target. al
Kermit, Regarding your comment about playing smaller patterns into the larger ones, I agree completely, that makes perfect sense and a strategy...
Trend Fader, You are right, it is not a "classic" pattern but, it is highly reliable and effective when it sets up. It's called a butterfly....
Sorry, MACD I must have done something wrong on my last attempt at attaching a file which contains the chart I mentioned. I will try again. If...
Thanks for all the replies so far. MACD, attached is one of the patterns I regularly trade and it worked beautifully this past Friday morning as...
Hi, I am new to this forum and would like to get some opinions. As you know there are many different "patterns" that are recognized as...
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