Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

Recommended Posts

Here are two charts of Gold...

 

1. Inv. H&S Chart (LT?) with Bullish ABC & Targets (from Jun. 5th)

2. Current ABC Bearish Pattern with Price/Time Cycle

 

Regards,

Suri

 

attachment.php?attachmentid=11351&stc=1&d=1244984946

 

attachment.php?attachmentid=11352&stc=1&d=1244984946

gold_invhs_Jun0509.gif.422c9fa6db09203fdfce6ca193bdad3b.gif

Gold_ABCBear_Jun1409.thumb.gif.6edb742fb498d7c38c3c93e6016debb5.gif

Share this post


Link to post
Share on other sites

Hello Suri sir,

 

I read your interview regarding dragon pattern I have one doubt regarding the two legs

you mentioned it has to be in 5 to 10% range

It has to be in this range (5% is the minimum criteria)?

& also does it applicable to all timeframe like in 240-min & above?

 

I am uploading Gold 240 min chart does the Dragon pattern is correct?

 

goldchart.gif

Share this post


Link to post
Share on other sites

Hi Taq,

 

Yes, it is a Inverse Dragon setup. Thanks for posting 240m chart.

No need to have 5% minimum for the Dragon legs. Dragon setup

is one of the variation of Double Tops/Bottoms. Very rarely

DT and DB's have perfect bottoms/tops.

 

Here is another take on the same @ZG 240m chart. It is

Trader Vic's 2B Top (Irregular Top/Bottom) with

Entry/Stop/Targets.

 

Regards,

Suri

attachment.php?attachmentid=11355&stc=1&d=1245015451

Gold_240_Jun1409.gif.027cd593789c1904c658d8ff7f2009bf.gif

Share this post


Link to post
Share on other sites

thanks for the chart

 

how you calculate target 2 & 3 in 2B patterns?

 

Also can you suggest some readings for time analysis & projections.

Share this post


Link to post
Share on other sites

Hi Taq,

 

Thank you for your post.

 

2B Targets are prior Swing Lows/Highs before the pattern

emerged and its distance ratios.

 

To my knowledge books from Scott Carney, Carolyn Borden,

Robert Miner, Larry Pesavento and Bryce Gilmore offered

timing analysis/projections theories. There may be others and

if I remember I will post again.

 

Regards,

Suri

Share this post


Link to post
Share on other sites

Hi Vishal,

 

Thank you for your post.

 

In H&S pattern, the target is obtained by subtracting the height of the head from the neckline.

The height of the head is the vertical distance between the neckline to the top of the head.

 

 

Eventhough, small H&S (small width/height) are viable patterns,

very rarely they materialize full and may be difficult to detect.

I would look for H&S patterns with atleast 8 number of bars in each

of the shoulder with a minimum of 2 pivot strength.

 

 

Regards,

Suri

Share this post


Link to post
Share on other sites

 

In H&S pattern, the target is obtained by subtracting the height of the head from the neckline.

The height of the head is the vertical distance between the neckline to the top of the head.

 

Regards,

Suri

 

do yoy consider only straight neckline or upto some angle (<=30 degree)?

& how you calculate tgts for those H&S?

 

I don't know maybe this week will be all about H&S only every major currency pair is making or already made one in 240-min chart.

Share this post


Link to post
Share on other sites
hi

Gold reversal??Gold has bounced back from 61.8 fib levels.

 

Regards

Vishal

 

 

 

Hi Vishal,

 

Here is Gold's Chart with Price/Time Cycles.

 

Regards,

Suri

 

 

attachment.php?attachmentid=12329&stc=1&d=1248113897

Gold_ABC_July2009.gif.b35ac750706abe22eb45640a737b4c55.gif

Share this post


Link to post
Share on other sites

Hi Suri Sir

 

Thanks for your post regarding Gold price time projection.Here is another chart of Copper 240 min showing Bearish Gartley Pattern.Sir whats your view on Bearish Gartley patterns.

 

Regards

Vishal

Copper240min.thumb.png.750354d728a3b612543e8bb04aafec25.png

Share this post


Link to post
Share on other sites

Hi Suri Sir

 

Pls ignore the previous post.Thanks for your post regarding Gold price time projection.Here is another chart of Copper 240 min showing Bearish Gartley Pattern(AB=0.618 XA).Sir whats your view on Bearish Gartley patterns.

 

Regards

Vishal

5aa70f03d5252_copper240.thumb.png.ebf97f437e61ceccbcaeb58d416fc0a9.png

Share this post


Link to post
Share on other sites
Hi Suri Sir

 

Pls ignore the previous post.Thanks for your post regarding Gold price time projection.Here is another chart of Copper 240 min showing Bearish Gartley Pattern(AB=0.618 XA).Sir whats your view on Bearish Gartley patterns.

 

Regards

Vishal

 

Hi Vishal,

 

Thanks for your post....

 

Bearish Gartley patterns are very powerful patterns in the rising markets. They do signal end of the rising trend. But all X5 patterns (Gartley, Butterfly, Bat and Crab) have just about 50-60% success. I think market context is the key on how to trade them.

 

X5 patterns form in Two types --- Retracement and Expansion patterns. The 'D' point in the pattern determines which type of pattern it may be forming. If 'D' is inside the 'XA' swing, then it is Retracement pattern (Gartley and Butterfly). If 'D' is outside the 'XA' swing, then it is Expansion pattern (Bat and Butterfly). Within Expansion patterns, if the central point 'B' is less than 0.618 of XA then it is 'Crab' pattern and if 'B' is greater than 0.618 of XA then it is 'Butterfly' pattern. Although these precise ratios are never achieved in the patterns, perfect Butterfly requires 0.786 of XA Swing. Pl. refer to Scott Carney's books for all the other rules.

 

In the Copper 240m chart, you posted, 'D' is outside the 'XA' swing and hence it is an expansion pattern. Also, 'B' is about 0.7 of XA, hence it is a 'Bearish Butterfly' Pattern.

 

Here are the Copper's 240m and Copper's Daily Chart. They both are Bearish Butterfly patterns. I marked the potential Butterfly targets with Time-Cycles.

 

 

Regards,

Suri

 

attachment.php?attachmentid=12347&stc=1&d=1248176154

 

attachment.php?attachmentid=12348&stc=1&d=1248176154

Copper_240m_Jul2109.gif.25d8ba4635e6676dad18384e9a960566.gif

Copper_Daily_Jul2109.gif.55b55cb07a574209a00e9b0d0fd74d39.gif

Share this post


Link to post
Share on other sites

Hi Vishal,

 

Thanks for your post.

I do see Symmetric Triangle.

 

Also, see ABC pattern with Time Cycle projections (based on 3/4th cycle)

and Inv. H&S Pattern (from June).

 

Regards,

Suri

 

attachment.php?attachmentid=12664&stc=1&d=1249313501

 

attachment.php?attachmentid=12665&stc=1&d=1249313501

Gold_ABC_Aug0209.gif.0c852549fbdac78b7a066f31c064858c.gif

gold_invhs_Jun0509.gif.fc2cd348316d24ff97b22b2dcd7632e5.gif

Share this post


Link to post
Share on other sites

Hi Suri Sir

Thanks for your post.

Gold 4 hours charts seems to be forming a Rising Wegde pattern.Sir what is the reliability of Rising Wedge patterns(Bullish and Bearish market conditions) and how to trade them and calculate the targets.

 

Regards

Vishal

Gold4hrs.png.99e6c1756b1ad110af3082bd56101bf1.png

Share this post


Link to post
Share on other sites

Hi Suri Sir hello vishal

 

Gold Daily is looks like can go uptp 1030-35 zone but Silver Daily is made bearish butterfly pattern I am looking for tgts 14.70 & 13.80

 

let us see how it will unfold ?

 

Regards,

TAQ

5aa70f28f0769_20-09-0913-1.thumb.PNG.387840c9d7639d3c9f38b2b48b9dce1e.PNG

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • Question: To those that had/have cancer, what were the signs that made you think “something is not right here” to make you go see a doctor? Answer: So, 5/25/2018, I woke up, got ready for work, and as I walked to my car, I started gagging. Like something was stuck in my throat and I needed to clear it. And then it went away.   But 10 minutes after that, I was T-boned at 40mph on the driver side door. But what made me see a doctor was while my muscles felt better and bruises were going away, the gagging still continued, I started having fevers, my neck felt swollen, I was having such a hard time breathing, and I'd have random sharp pains in my chest, but not from where the seat belt saved me.   2 weeks after the accident, I finally see an urgent care doctor, who looks me over, tells me I'm fine, but luckily requests a neck X-ray. And I ask for a chest X-ray, which he rolls his eyes but let me have (most of my pain was in the neck, so I understand).   The very next day, he calls and says “So, that chest X-ray shows there's a 4 inch mass on your heart and lungs, and your lungs have been filling up with fluid, as well as in your pericardial (heart) wall. We need you to come in tomorrow.”   Turns out the big mass, due to the accident, caused my heart and lungs to tear and fill with fluid, the swollen neck and gagging was caused by 2 metastasized tumors, and the fevers and weight loss were symptoms. Stage 4b Hodgkin's Lymphoma.   But thankfully, we went very aggressive with chemo (and had a lot of bad side effects that don't normally happen to patients), and now I'm about 16 months cancer-free. Yay lucky X-rays! Rachel Jurina, Quora Source: https://www.quora.com/To-those-that-had-have-cancer-what-were-the-signs-that-made-you-think-something-is-not-right-here-to-make-you-go-see-a-doctor   Profits from free accurate cryptos signals: https://www.predictmag.com/  
    • As a man, the reality of life is the harshest part. I don’t mind looking older or becoming weaker over time; it’s nature.   Have you ever heard that the only people who will be loved unconditionally are women and children? Men will only be loved as long as they can provide until they are no longer needed. It doesn’t matter if you already did your best to get your kids to the best school or get the best things for them, if you stop before they’re done with it, there will be no thank you. The only thing they will remember is that they have to quit school at 15, ignoring all the previous 15 years of life you provided for them. The only people who will accept you, no matter what, are your parents. But in this situation, you might be that ungrateful child.   EDIT: Wow, I didn’t think this would get so much attention.   For those who disagree, I can only say that everyone has their problem. If you don’t get the chance to face such a thing, be grateful. Remember, sometimes what you throw in the garbage is something that someone wishes ever to have.” – ElZee, Quora   Profits from free accurate cryptos signals: https://www.predictmag.com/    
    • The good thing i had noticed so far is that the traderpot value is also on the rise..
    • yup its a gradual rollout the right way in my opinion, its really good and its exciting for the sto in 2027
    • there is no avoiding loses to be honest, its just how the market is. you win some and hopefully more, but u do lose some. 
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.