Have to chime in here...can't stand it any longer. :)
I agree with LG's definitions, agree with using the pivot high on the XAU, HUI charts for a triangle, but I also agree with the concern over moving into the apex of the triangle on those charts, as AA notes.
There are differing methods to drawing these things, no doubt, different requirements for the number of reversals, plenty of variety in how strictly to draw the touches, and on and on. The only thing that really matters, in my mind, is that it's done consistently, thereby producing something objective.
How the definitions and criteria AA is using work in that regard, I don't know, but as long as they produce something consistent and objective, who's to say it's 'wrong'....and vice/versa? |
