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PipsyGirl
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As a result, if you’re a contestant please submit your entries through PM. You will have the same capabilities as within this thread to show your analysis (Text, Links, Images, Attachments, etc…).[/U][/B]
I’m excited to hear that there will be a modification being worked on something that has been quite successful already. I truly hope that you’ll share your finding with us on this forum, TMB. Thank you for the contributions thus far, it was pretty educational during the past several months.
please note i have NOT taken this trade as it falls outside my trading hours. i would also advise caution given the strong bearish candles into D (amonst other things)
just passing it on in light of tmoneys recent post as it’s a short dollar trade. make of it what you will.
Assuming you’re using Marketscope 2.0, when you draw a fib you get a popup box, click on the “Parameters” tag and hit the check box “Show Prices” then “OK”.
If you want to have this on all the time, then repeat above and this time hit the “save as default”.
Duchas,
Just click on his name and it will give you a drop down menu of options. Click on send email. Go ahead and paste your analysis there and include the links to any pictures you might have. I think that’s the only way to do it at this point. Good luck. I wish I hadn’t been out of town or I’d be working on this as well. This forum has taught me loads and helped me win many many pips. If I find time today maybe I’ll send him a short analysis as well. Otherwise I will have to wait like everyone else. Good luck.
I have a similar D on the au using a different X. Not sure about my B, and I prefer your X, but I do not get convergence using that price extreme. I notice you use 0.764 fib retracement which seems to be the default with marketscope. Tmoney and the harmonic trader site seem to use 0.786. Not sure what you think.
Good call on that, I didn’t realize (stupidly) that the ratio was off there. I will adjust asap. Unfortunately that does invalidate the convergence on the AU so oh well there.
Only time will tell on the EUR
Thanks for the welcome, I have been tracking patterns just been really busy with school the past couple weeks so haven’t been able to keep up posting.
Just wanted to say hi, been reading this thread for two weeks now… I’m not sure being a newbie I can post any image links in here, but I’m gonna try.
Found this on the EURUSD 15M chart, similar to the one posted by racerdude, but I’m getting a different convergence point.
Then again, I doubt the credibility of the D at fib 1.000 since the BC was only 0.382, the next D convergence at 2.000(like the one racerdude pointed out) is more likely.
Nice work on the euro, this is the pattern racerdude and I have been discussing. If you look above you should have a second convergence at the 1.272 fib around 1.3790.
I do see the other major convergence at (XA : 1.272 / BA on C : 2.000). I usually enter any major convergence, usually my TP slightly above/below 0.382 of the retracement and SL at the next fib level. So if the price respect any of the convergence, its still possible to make money afterall…
