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When AB=CD and a Pin Bar completes on the daily it could signal a little good fortune in the short/medium term
rgds -arco
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____________
When AB=CD and a Pin Bar completes on the daily it could signal a little good fortune in the short/medium term
rgds -arco
hi arco , any chance of a chart , id like to see ab = cd
thanks
i think you could probably label this diagram more imaginatively
oooh er missus , normally no lie about where its going
what a hoot
Hi DB
Here's the chart - almost a Gartley perhaps
thanks arco
i think there is a good case on many levels for a faded long at market open with stop just
below hammer low
fingers crossed
..............................
Lets hope we can nail it with that hammer.........anyway, I've decided to pin all my hopes on it. ;)
Just scalped a quick 30 pips on that little flourish, so I'll grab some dinner
and see how the land lies after.....
.........191 pips for the day.....might have a celebratory drink. :D
.
Couldnt resist taking a short on the 15m H&S formation.......went for a target based on the measured move and the UT line
.....+60 pips. It was set on auto pilot, but could have got twice that and change.....:(
Never mind I got +50 on the Euro as well :)
Makes a nice end to a reasonable week.
rgds - arco
Anyone spot 3 little Indians........Larry calls it a very rare pattern.
you sure it wasnt Linda who called it that
;)
quote Arco on goforex march 2006
This pattern has different names, depending on the source - Larry Pesavento describes the pattern as "3 pushes to a top/bottom", Jeff Cooper uses "Cooper 1-2-3 swing" nomenclature, and Linda Raschke likes to call this setup "3 indians".