Harmonic Trading - page 214
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bullish butterfly on EURGBP,H4, tolerance 9%
Ziko I agree about the perfect 1.27....but it comes at 1.2840 ... not 1.2900, or 1.3000 ... so we're only 90 pips from there...check my picture
Also as a side note (off topic), EUR shouldn't break 2850 to complete a head and shoulder pattern on the monthly chart, so now I think everything fall in place;)
the interesting thing is that the weekly chart also had XD currently=1.21 !
Scott M. Carney
1. 0.618, 0.786, 1.27, 1.618 first
2. 0.382, 0.50, 1.00, 2.0, 2.24, 2.618, 3.14 second
3. 2.24, 2.618, 3.14 extremal
November 2002 Trading Tips Newsletter
Pesavento Patterns
by Howard Arrington
Fibonacci numbers are valuable because these numbers and relationships are found everywhere in nature and in the markets. Frequently the magnitude of a wave will have a Fibonacci relationship to the magnitude of another wave structure. A wave's magnitude is determined by measuring the price range from a significant top to a significant bottom. The magnitude of a Trend wave might be 1.618 times the magnitude of the previous Retracement wave. A corrective Retracement wave might be 0.618 times the magnitude of the previous Trend.
Larry Pesavento shows in his book 'Profitable Patterns for Stock Trading' that two additional ratios are frequently found in the markets. These ratios are the square roots of the two primary Fibonacci ratios. The square root of 0.618 = 0.786, and the square root of 1.618 = 1.272. Larry uses these two additional relationships, 0.786 and 1.272, because not all waves are a ratio of 0.618 and 1.618, or the other common ratios of 0.382, 0.500, and 2.618.
Table of Relationships
Key Ratio Square Square Root Reciprocal
0.382 0.618 2.618
0.618 0.382 0.786 1.618
0.786 0.618 1.272
1.000 1.000 1.000 1.000
1.272 1.618 1.128 0.786
1.618 2.618 1.272 0.618
2.618 1.618 0.382
0.500 0.250 0.707 2.000
0.707 0.500 0.841 1.414
0.841 0.707
1.414 2.000 0.707
2.000 4.000 1.414 0.500
usd-cad
ZUP 76 mod fromserr (onix)
find 5:0, AB=CD (triangle) -- see p. #1 (ZUP 76 mod)
p.#2 - ZUP 76
p. #3 ZUP 76+ search patterns
New version of ZUP indicator -
ZUP_v77
Thanks to nen.
Cheers
Ethan Hunt
New version of ZUP indicator -
ZUP_v77
Thanks to nen.
Cheers
Ethan HuntGuys and Gals....
Where can we find information about the updates on these ZUP Indicators.
Like..... what is new in each updated version.
Thank you to nen again.
Yano
Look at 1st post of this thread as I am keeping all updates as the links to this thread.
And there is link to onix forum on the frist post as well where you can find updates as well.
And as I see onix forum is having
Onix Trade forum for English speaking users
But look at the first post of this thread as nen posted instruction on our forum how to use (in English), some people posted templates and I am keeping as the links from the 1 post.
New version of ZUP_v76
Cheers
Ethan Hunt