ondapc

A classic pattern, or a failed attempt to understand the markets

FX:EURUSD   Euro Fx/U.S. Dollar
444 5 2
Lets see what Mr. Market wants to do this month.
Forgive me for being much too blunt !
But,
with so many lines and fancy colors/shapes and no explanation
of there significance or implications,
- other than the pitchforks -
it seems rather meaningless as to why the probabilities
favor a move to the up side as your arrow implies.
Your thoughts would be appreciated !!!!1
I wish many pips in your pocket in 2014 !!!!!
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ondapc dojitrader
I understand. The patterns are AB=CD patterns ( that point to a direction ) with the pitchfork analysis using a triangulation cypher that confirms a "possible" path needed to avoid the two green overlapping areas. Also those 2 green areas are attracting the ticker ... I call it the event horizon.




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Very interesting analysis. I have not learned how to use pitchforks but I feel directional path analysis could be very useful
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Very good!!!
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If you set your charts up for right diagonals ahead of time you'll find these work better. I have a chart on EURUSD right diagonals. I just backtest. I draw X's between 4 major points and rescale to make them as close as possible to being right angles to each other. Strange enough, a whole bunch more of them show up farther on. Ellipses also become circles when I do this. It must be the nature of the rigged geometry and the Specialists setting prices.
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