Haha, made my day.
We have to believe the MW theory if our son of god tell so. I mean hes not just the son of god, hes also in a ancient royal bloodline and his first letter of his last name resembles a cross.
This guy is a clearly an multi talent. He’s the reincarnation of Jesus, he’s a royal, he’s an actor, an forex trader, an trading indicator developer, an blogger, an webdesigner and not to forget an comedian.
USD/CHF is currently on my watch list. It looks like a hidden letter “M” appeared on the 1 Hour time frame chart.
Remember: The 4th leg of the hidden letter “M” will always be manipulated by central bankers. I will post an update when this hidden letter “M” is fully formed.
Gold commodity formed a hidden letter “M” in 1 Day time frame chart from 7/22/2014
It looks like it still has some steam to go higher.
Here’s the latest update. As you can see the 4th leg of the hidden letter “M” dropped even further down as predicted.
Good call on the AUD/NZD pair.
Latest update 8/25/2015.
The market opted in to trade “M”. Therefore, a hidden letter “M” pattern is now confirmed.
isn’t this simply harmonic and gartley patterns.
That’s what I was thinking…
A rose by any other name would still smell the same.
Also
If it walks like a duck, sounds like a duck, looks like a duck then its probably a duck
This one looks like a lemon taste like a lemon and probably is a lemon
Or that other well known one.
You can put lipstick on a pig but its still a pig !!!
Interesting thread… but there’s absolutely no info on how you determine the end of the next “leg”, or where to place your exits etc. Most of these Ms and Ws are wildly subjective, and created with hindsight. I think it’s an interesting way of looking at the chart, but there’s no actual method or system in this thread… 
I wouldn’t trade letter “M” or letter “W” patterns in 5 minute time frame chart.
I normally trade letter M or W pattern in 1 hour, 4 hour time frame chart.
So the M and W pattern works in the opposite way of the western chart pattern?
Interesting view, so what should the user of this strategy do when the pattern/position fail? Re-entry or open a new position to the opposite direction?
