Rewand,rewand » Wed Mar 28, 2018 8:16 am wrote:One thing about the ak. I got suckered on that one many times and the reason is always the same, preference of a certain price level over pa. So I would say that pa (daily mm routine) should support ak and not the other way around. Also, one has to be flexible with the points. Another thing I realized recently is that one should learn how ak looks on HTFs.
Anyway, I am not so good at ak, so take my aks with a pinch of salt. Sympathy said something interesting in the thread. "If I told you the meaning of that pattern, you would laugh", but he never elaborated what he meant. May someone have figured it and can share. For sure, it is a sequence that happens over and over but to actually recognize it or parts of it... For sure I do not usually laugh when I see it and admit that my best trades do not come from this pattern.
I was fortunate enough to share some pm's with sympathy while he was still around. With regard to the "If I told you the meaning of that pattern, you would laugh" comment he made, he was kind enough to elaborate on what he meant. He said the chart or the A-K pattern was just the three levels or 3 pushes depending on which timeframe. attached is a chart showing the 3 levels. He sent me a similar one.
