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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (73943)	11/15/2022 6:17:34 PM
From: Qone0	1 Recommendation Recommended By skier31 Read Replies (2) \| Respond to of 97602

Let me know when it can identify the C point. <G>

To: Sun Tzu who wrote (73943)	11/16/2022 4:34:32 PM
From: catou1	1 Recommendation Recommended By skier31 Read Replies (1) \| Respond to of 97602

Sun , thank you for sharing your experiment , I,m always willing to learn. Here my questions and points 1. The lines look like Bollinger, Are they modified Bollinger or something completely different? 2. Do you always nee the lines to be almost flat to draw you fibo? 3.You wrote that your system is ahead of harmonic. Harmonic can be trade different ways. Carney trade it as ret, after the completion. Personnally I try to identify the C point, sometimes I'm late but I feel more comfortable trading the trend and sell when it's completed. I don't see a big difference with you system and harmonic both of them use fibo extension. The difference with harmonic is that the fibo extension depend of waht happen last few bars. It's predicting the future base on the different fibo level it has hit in the past few bars (harmonic patterns) ( I don't know if I'm clear) 4. On your XLE chart I really like your buying signals when RSI 8 was very much oversold. I think that could be a signal to look for an harmonic patter :) nice work