M_Weber
Long

S&P 15 min CYPHER and BAT day trading opportunities

FX:SPX500   S&P 500 index of US listed shares
40 2 0
You can choose the one of them or split half for each. Stop I place at 1925.5, TGT1 38.2%, TGT2 61.8%. Patterns become invalid above 1965.
- Good luck -
Markus Weber
your pattern ratio are wrong, Movements that do not align with proper pattern measurements invalidate a pattern and can lead traders astray

Read more: Harmonic Patterns In The Currency Markets
http://www.investopedia.com/articles/forex/11/harmonic-patterns-in-the-currency-markets.asp
Reply
Thanks for your comment, for BAT I am using B between 50/61.8 of XA and C between 50/100 of AB, D at 88.6 of XA. These rules work very well especially for S&P and NIKKEI. There is certain freedom people have to set rules as long as they have been back tested. i.e. some require C at 38.2 of AB as a minimum.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out