Example of big swing that can be divided and analysed separately....
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Big uptrend divided in 4 swings...As you wish....:-)
ความคิดเห็น
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Pan chart to the left for exact 90° crosslines angles
การซื้อขายยังคงดำเนินอยู่
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Could bounce the green line....
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IvanLabrie
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I'm not really following your idea here.
It kind of reminds me of a pitchfork but not quite.
Are you familiar with the Action/Reaction lines, pitchforks, and all the body of work of Andrews?
johan.verm
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Yes
IvanLabrie
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How are you using the lines here?
johan.verm
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Almost.. :-)
johan.verm
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Pitchfork and all those systems are not working with 90°angles
johan.verm
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The median line is the important one
johan.verm
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You are welcome to verify my 90° angle theory Ivan
IvanLabrie
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I don't quite follow the logic here.
Hence my question.
I don't use lines that go through things, or lines in general, so I can't comment much.
I did do some research on pitchforks and learned a bit about it, it seems to work quite well.
Was curious about your discoveries. Test it, and post results, maybe you have something good, but you'd need to be very specific with the application to not be fooled by hindsight biases. Also, you'd need to define how to apply it to trade with it.
My 2 cents.
johan.verm
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I will trow more examples tomorrow..It's midnight here .Have to work manana...I'm a weekendtechnician...
It kind of reminds me of a pitchfork but not quite.
Are you familiar with the Action/Reaction lines, pitchforks, and all the body of work of Andrews?