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Jaime76
11-20-2007 14:36, 02:36 PM
Patterns are highly reliable.

Let dissect patterns in all currencies pars

I missed now perfect pennant pattern in EUR/USD because it wasn't the pair I trade frequently.

Now looking into all currency pairs and moving solely on patterns.

Common notable chart patterns are:-

* Dual Top (Reversal)
* Dual Bottom (Reversal)
* Head and Shoulders Top (Reversal)
* Head and Shoulders Bottom (Reversal)
* Falling Wedge (Reversal)
* Rising Wedge (Reversal)
* Rounding Bottom (Reversal)
* Triple Top (Reversal)
* Triple Bottom (Reversal)
* Bump and Run Reversal (Reversal)
* Flag, Pennant (Continuation)
* Symmetrical Triangle (Continuation)
* Ascending Triangle (Continuation)
* Descending Triangle (Continuation)
* Rectangle (Continuation)
* Price Channel (Continuation)
* Measured Move - Bullish (Continuation)
* Measured Move - Bearish (Continuation)
* Cup with Handle (Continuation)

In the moment there is a wedge formation in 4H and daily chart in GBPJPY. .it could be a buliish breakout above 232 mark in few days. .
https://www.nigeriaforextrading.com/attachments/1518634982406627965.png
https://www.nigeriaforextrading.com/attachments/1518634984239907132.mq4
https://www.nigeriaforextrading.com/attachments/15186349861656420537.ex4

Angelcokl
11-21-2021 18:18, 06:18 PM
Its consistently opposite...I got the yips I'm sorry. . .but you are not the only one

lackh
11-21-2021 19:39, 07:39 PM
The reasons why these patterns occur, as with Elliott Waves and others, is that currencies hit particular obstacles on the Total Fibonacci Framework in fairly predictable ways...

sanlangsag
11-21-2021 21:00, 09:00 PM
Absolute is a Vodka, everything is ever changing and dynamic.

lackh
11-21-2021 22:21, 10:21 PM
Absolute is a Vodka, everything is dynamic and ever changing. Nice ! You are right of course, and it's something I tell everyone too (that it's dynamic and ever-changing, not the vodka bit!) .

The simple fact is though, that the patterns are fractal in nature, therefore it's imperative you could identify which fractal the currency is moving on at any time. And you can, quite simply.

Jaime76
11-21-2021 23:41, 11:41 PM
You have a good thing going here. Do not get discouraged. The strength in carry pairs now is because of liquidating treasuries and moving into high risk tools. This daily change is strong.
Your concept is good. Keep the good work up. Should you combine FA with your price action analysis you will do. Yup..just need to concentrate and seem much tougher now..Thanks

Jaime76
11-22-2021 01:02, 01:02 AM
I'm sorry. . .but You Aren't the only one It really went up....this is fine too..as long since it does not chop and turn in One day

sanlangsag
11-22-2021 02:23, 02:23 AM
Nice one! You're right of course, and it is something I tell everyone too (that it is lively and ever-changing, not the vodka bit!) .

The fact is though, that the patterns are fractal in nature, therefore it is important that you can identify which fractal the currency is moving on at any moment. And also you can simply. If you can do this (the any time part) then you're the first. My experience is that even though there is a present, it is not always possible to loe it each and every moment. That's unless this is the only thing you set out to do and are not worried about anything else such as oh.... trading.

Fractals in the shape of EW's can be spotted roughly half the time and the rest of the time there is chop. I say to hell with Y, X,Z waves. Again not and my point would be to exchange label every twist and turn.

lackh
11-22-2021 03:44, 03:44 AM
In case you can do that (the any time part) then you're the first. My experience is that even though there is a fractal gift, it isn't always possible to find it each and every moment. That's unless that is the only thing you set out to do and aren't concerned about anything else such as oh.... trading.

Fractals in the form of EW's can be spotted roughly half of the time and the remainder of the time there's chop. I would like to hell. Again not and my point is to trade label every twist and turn. Yes, I'm the first, so it sounds. No-one else appears to have come up with this.

EWs form on the design. The waves form points of resistance on the design. The simple fact that there are'waves within waves' was also another hint for my creating this discovery. It's intriguing stuff, and those that get it detect they never use anything else.

Of course, you aren't seeing what I am seeing, as you're using the conventional procedures of observation rather than the framework.

Someone put a wonderful comment on my website recently:
This stuff is absolutely incredible! It is like using a GPS Navigation System for the Forex market.

pulifam
11-22-2021 05:04, 05:04 AM
Anyone seeing the CWH breakout (also a wedge BO) on the U/J 4H?

You can go all of the way down to 15M and watch fine chart patterns (another wedge/triange/flag/coil whatever you call it breakout).

sanlangsag
11-22-2021 06:25, 06:25 AM
Of course, you're not seeing what I am watching, as you're using the traditional procedures of monitoring instead of the framework. The term that is used previously, Dynamic, might give you an idea of exactly what form of EW I'm using.

sanlangsag
11-22-2021 07:46, 07:46 AM
Anyone seeing the CWH breakout.... Whats CWH ?

lackh
11-22-2021 09:07, 09:07 AM
The term that is used previously, Dynamic, might give you an idea of exactly what form of EW I am using. I think I get your drift....
What I like about the framework is the fact that it isn't. You can rely on it!

sanlangsag
11-22-2021 10:27, 10:27 AM
I think I get your drift....
What I enjoy about the frame is that it isn't. You may depend on it! If you think so. When you think that it can't, but from what I have found is - . Fantastic trading.

lackh
11-22-2021 11:48, 11:48 AM
should you believe so. But from what I have found, for many a year, is just when you think that it can not - . Good trading. That is because you're doing something entirely different to this. I can show you your energetic EW changes. It is really quite simple.
The design is mended, and the candlesticks move to it.

sanlangsag
11-22-2021 13:09, 01:09 PM
That's because you are doing something completely different to this. Why and if your EW changes I can show you. It is really quite straightforward.
The design is mended, and the candlesticks proceed to it.
You keep referring to what I'm doing. Do you understand what that is, I am doing?

lackh
11-22-2021 14:30, 02:30 PM
You keep talking about what I am doing. Do you understand what that is, that I am doing? No, however, it doesn't matter. I have seen a lot of approaches, plus they are all different manners calculations.

Look, I am not attempting to be smart or anything. I suggest that the best way would be to see it for yourself. I think you'd find my friend fascinating.

pulifam
11-22-2021 15:51, 03:51 PM
Whats CWH ? Cup with handle.

Alejangmamnaiz23
11-22-2021 17:11, 05:11 PM
Trying to forecast bottoms and shirts is expensive. Candle formations that confirm bottoms and tops is profitable. I'd like to hear more from the chap that started this particular thread.

lackh
11-22-2021 18:32, 06:32 PM
Attempting to forecast bottoms and tops is expensive. Candle formations that support bottoms and tops is profitable. I would like to hear more. If that is what you think, that is what you will receive. That is after the function, although some instances may be confirmed in by the candle formations. Isn't it wiser to know where they are going in the first place so you are able to take advantage of the move till they achieve that confirmation?

Jaime76
11-22-2021 19:53, 07:53 PM
Head and shoulder pattern in CADJPY....CAD diminished rate. . .more possibility of a movement.
https://www.nigeriaforextrading.com/attachments/15193621571929857555.png