Price Attraction Points -
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thread: Price Attraction Points

  1. #11
    Not certain if the quad core bo case is valid (though I'm no expert). Assessing the examples they do seem different to me. Like exactly what I would anticipate a vaild quad bo to seem like the fist by ppants looks. The one posted by perhaps not. I c a bo in the box, not the box. The return into the fourth box to me looks more like a return to consolidation ahead of the more continues from the direction of this bo (first white arrow.
    Wmd's quad bo in place 7, envision one bo'ed involving boxes two and one, so I followed such an case.
    I was interested about the successful idea of wmd's to alternative ways of drawing s/r's along with other lines; thus, I decided a less-pure example.

  2. #12
    Junior Member AnaLoTa's Avatar
    9
    That is from a different thread of wmd's... quad bo on a single time is dojo on a different. Might not be though intriguing none the less. . Myself, I have no clue what could bring price back to a level beyound that a LARGE amount of pending orders, like wmd describes as a clear untested amount on a greater time frames (1hr ).

  3. #13
    right. So heres upgrade on the quad. Price did return. Distance from back to quad core was 140 pips. But want courage to take that brief or have a method of avoiding drawdowns.

    Ha-p: im with dazz in your eg. Quad by definition could be four measures no?

  4. #14
    ... quad bo on one time is dojo on a different.
    lol. Dojo where they do karate.

  5. #15
    Simply thinking bout this and using a moment!!!!

    The quad is a doji pattern that means it indecisions in the market area. So any doji will likely be price attractor. Price goes to where market was unsure what it ought to do.


    Now waiting for ripped to shreds from the seniors

  6. #16
    Junior Member Sckuxxrave's Avatar
    4
    The main reason is of a lesser importance what it might look like on display.

  7. #17
    Junior Member Sckuxxrave's Avatar
    4
    The chart is le Euro versus le Pound.

    When the price broke below the 86 deal (in the arrangement which looks like a failed double bottom (traditional interpretation) or W (harmonic interpretation)), An order was set to sell in the retest. The level was therefore retested commerce.

  8. #18
    Junior Member Sckuxxrave's Avatar
    4
    Around precisely the same period, we had a comparable arrangement form on le Euro versus le Loonie which to date has not been retested.

    So in the event that you have a structure that resembles a failed db/W should/would/could the degree attract price?

    There is something freakish about the inner plumbing in the head of a pattern hunter. I'm not making any assertions demoning the mechanisms.

  9. #19
    Junior Member Lesleywhi's Avatar
    2
    hey Will,
    just pitching in.... Completely missed my entry in the ground, lol

    edit: oops! Sorry wanted to post echf chart, similar to ecad, will correct chart today

  10. #20
    Junior Member Lesleywhi's Avatar
    2
    price attraction pt

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