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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (57008)1/28/2009 4:58:54 PM
From: Galirayo  Read Replies (1) | Respond to of 57110
 
Speaking of Bigger Formations ...

So many recognize the Big Dipper Formation ... without actually Seeing the "Big Bear" even though it looms Much Larger than most might think in Scope. Stay Tuned and Alert for underlying Gravitational Black Holes.

Care to Share some of this type of Formation info ???
>>I just wonder if we don't trade off of those bigger formations that Jackie and Bill Sarubi (Merridian) use....<<

upload.wikimedia.org




To: John Pitera who wrote (57008)3/1/2009 12:45:21 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 57110
 
I stopped keeping those patterns updated in the databases and so I would find it next to impossible to go back. Huge effort.

What I have been doing though is following Jake Bernstein's Cycles and Seasonals. Not so much the Cycles, although I sometimes refer to them to see if there is correlation when a trade looks dicey or requires too large a Stop.

His Seasonals are real good though. You can get a free trial at Seasonaltrader.com if you are interested.

Also some of his daytrade patterns are good. During a webinar he said he just wrote another daytrade book that will be published in a few months. Those patterns aren't based on Seasonals or Cycles though.

Bought a Larry Williams book as well, because some of Bernstein's work uses Williams techniques. But I haven't read much of it. Interesting patterns in Williams work. I'm just not accustomed to looking for them yet.