Can you please take an active interest in this thread,I know you are very good at this and would like to continue to learn from you.I have read your work on TT and think it's some of the best I have come a cross.
Could you give us some detailed instructions on your methods in simple lay mans terms.
I am interested in your XABCD moves and I am convinced they work .
Thank you for the kind words.....
I'm on vacation at the moment, so now's not the best time for me to go off on one on this thread, give a couple of weeks , see how this thread develops & we'll take it from there..
Oh btw trendie, I would urge you to include the 38.2%
As for retracements :cheesy:
Try to identify which Rhythm the market if tracing out... this will give a clear indication of future area's of support or resistance.
Eg Golden mean ( phi/fib) if the market makes a 61.8% correction it is likely to continue to the 161.8% on the impulse after the 1:1 length of the prior impulse is exceeded.
Golden mean ( phi/fib) series
Contracting.... 0.23.6 0.30 0.48 0.618 0.786
Expanding.....1.272 1.618 2.058 2.618 3.33
I was merely pointing out that ealier in this thread I asked what gnomonic expansion was and am still awaiting an answer. As a mathematician it interest me. Whether or not there is any need for that is an entirely different question.