MyPivots
Sign In
MR
mreiserer
Rep: 110
Posts: 2,220
Key area circa 840
TO
tomo
Rep: 110
Posts: 238
globex ABCD before open was a sign :)
TO
tomo
Rep: 110
Posts: 238
Only I can see bigger TD ABCD on 5 min chart ? from 13th April .. we made a top a little above 1.272 and now we are in 78.6 88.6 area
MR
mreiserer
Rep: 110
Posts: 2,220
yes Tomo that's what I was looking at, because there was a key line there, now it's been messing around the 886 barely past a key TL, however I don't have much else there except for a division line
TO
tomo
Rep: 110
Posts: 238
now TD ABCD if we go back to 838.50 against this big ABCD we were talking about
TO
tomo
Rep: 110
Posts: 238
Did not work. Now three drives to bottom almost at lower // of adjusted set and we have here two 1.272 retracements (I guess roofer likes it) Can we go up from here still fulfilling this large TD ABCD?
MR
mreiserer
Rep: 110
Posts: 2,220
don't really see three drives here, why don't you post a chart?
TO
tomo
Rep: 110
Posts: 238
I will post charts in the future .. I still did not have time to discover all secrets of posting charts here :)
11:10 bar, 12:05 bar and 12:45 bar on 5 min chart. Maybe not perfect but still looks like it. At least for me :)
MR
mreiserer
Rep: 110
Posts: 2,220
Tomo, here is a good description of the three drives. It should stick out to the eye by it's symmetry
http://www.harmonictrader.com/price_patterns3d.htm
TO
tomo
Rep: 110
Posts: 238
Thank you M. Yes I know this pattern. But sometimes like with Jim's pattern .. I just do not wait for perfection. Often I miss trades. I know better to be sorry I am out than sorry to be in :)
JI
jimkane
Rep: 3,058
Posts: 33,089
Now it's a 3D.
TO
tomo
Rep: 110
Posts: 238
I shorted this ABCD at 2:00. But covered fast as they did not want to move. This ES discussion every day and your post fact setups JIm made me see more things :) Thanks again. And participation in discussion makes me more focused. Some dumb people like me need it :)