daje wrote:

Captain Jack wrote:

daje wrote:

EURAUD.JPG

Hi John
I checked to see what the EURAUD was doing, it looks 'ahead' of EURUSD. I think I found a BARF as well.

Not sure about the green box, its not the same as the small PA activity on you reference map...?

Cheers

Hi Dave, glad to see you have renewed your interest in the candle patterns, but you have the leader backwards...

If you put the blue and green box together, you will match the EURAUD period where I entered a trade, which would have been placed at the top op of the grreen box, around May 10th, I believe.

On the D1 chart, the pattern appeared on the EURUSD years before EURAUD.... check again.... and look at the EURUSD chart I posted....the pattern begins on the left.....

CJ

Yes I see that, Thanks. I guess you cant be too careful... the queen of hearts is a charming lady!

I go cross eyed sometimes trying to exact a match for the PA. Funny how if one segment looks stretched out the shapes still appear valid.

Captain Jack wrote:

daje wrote:

Captain Jack wrote:

daje wrote:

EURAUD.JPG

Hi John
I checked to see what the EURAUD was doing, it looks 'ahead' of EURUSD. I think I found a BARF as well.

Not sure about the green box, its not the same as the small PA activity on you reference map...?

Cheers

Hi Dave, glad to see you have renewed your interest in the candle patterns, but you have the leader backwards...

If you put the blue and green box together, you will match the EURAUD period where I entered a trade, which would have been placed at the top op of the grreen box, around May 10th, I believe.

On the D1 chart, the pattern appeared on the EURUSD years before EURAUD.... check again.... and look at the EURUSD chart I posted....the pattern begins on the left.....

CJ

Yes I see that, Thanks. I guess you cant be too careful... the queen of hearts is a charming lady!

I go cross eyed sometimes trying to exact a match for the PA. Funny how if one segment looks stretched out the shapes still appear valid.

There is no "exact" match...or it would be too easy....match the tops and bottoms as you did with the gold chart, I'll do it with numbers as my annotated charts display.

All patterns are distorted a bit from the mother's pattern, and yes, you will find that same pattern on other "related" pairs at different times in their price cycles. Consider a sine wave..there can be multiple pair on the same wave pattern, but located at various points in the cycle.... which means they will follow the same path, but at different points in time.

CJ

djhenry1981 wrote:CJ, can you recommend any good reading material as a starting point for candlestick pattern recognition and/or price cycles? I'm keen to learn all I can

4thWavE wrote:Just to say 1 thing and ask 1 thing: Been trailin' that bugger Reynard since February 19th this year and have just made my 1,000 trade with only 6 losses, and NO breakevens. Greed is good but waiting for Reynard to show up is better. . and I am even MORE puzzled as to why he insists on walking the same bloody path EVERY 24 hours....but he certainly does TRAVEL. ..(from pair to pair, that is)....and me? I just sit here, WAITING because I KNOW he'll be back sooner or later. I hope he doesn't cotton on to the fact I ain't movin'....Jus' waiting'

To get the route sit there and wait..he'll turn up some time or other.

And my "Ask" ? . Someone could send me a link for the ADR... reference to it potters through this amazing thread, and I suppose it's time I had a look, so thanks in advance...and here comes Reynard, so gotta load up the gun.

Captain Jack wrote:BTW, I just wanted to thank everybody for the birthday wishes, it was a good day! CJ

Captain Jack wrote:So who's watching this pair AUDNZD, from the prior post??

Prepare for takeoff!

CJ

djhenry1981 wrote:

Captain Jack wrote:So who's watching this pair AUDNZD, from the prior post??

Prepare for takeoff!

CJ

Perhaps a stupid question, but is it a BARF? but down instead of up and we're about to start the run?