finitemonk

USDJPY - BY APPROXIMATING THE SAME

FX:USDJPY   U.S. Dollar/Japanese Yen
51 3 0
Just a further thought ....

By approximating the same proportion as it entered might it leave?

Not always... Diamonds can get "wonky" but still work. Not so much with some other patterns.
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finitemonk PRO DuncanParker
Thank you. I wasn't actually aware it was a recognised trading pattern,
(which amuses me in the right sort of way, I think. I've now had a quick glance at relevant web content.)
I'm an inexperienced trader who's researched a bit, do a lot of observation and experimented to find with what I'm comfortable.This very particular slant on median line analysis / channel theory in some way sort of found me.
I like drawing, with a feel for things, the markets, the underlying principles of balance/imbalance and action/reaction, and what to me is seems the aesthetic sensibility of a chart.
And I'm very appreciative of uh, your appreciation & comment.
We can watch this one then. :)
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Again, great work! Appears you've scratched the surface. Start digging. There's gold in them there hills. Seek and ye shall find. Have a great weekend!
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