tag:blogger.com,1999:blog-4106354889057002803.post4589123151844728605..comments2024-01-06T16:15:40.022+05:30Comments on The Third Eye: Dances with ' Wolfes 'AAR VEEhttp://www.blogger.com/profile/12209323009249048054noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-4106354889057002803.post-66226547000178017582011-03-10T10:29:40.864+05:302011-03-10T10:29:40.864+05:30Thanks misnomer for commenting here.
U are right ...Thanks misnomer for commenting here.<br /><br />U are right about using the longer term charts in log scale.I also should have done the same here.<br /><br />Do share ur views regularly.U are doing a nice work on your blog.AAR VEEhttps://www.blogger.com/profile/12209323009249048054noreply@blogger.comtag:blogger.com,1999:blog-4106354889057002803.post-76197012604773123102011-03-10T00:43:15.930+05:302011-03-10T00:43:15.930+05:30I am not so sure Rainmaker. You got to see logarit...I am not so sure Rainmaker. You got to see logarithmic scale charts for the longer term ones. That compresses the distance of wave 5 in this chart. <br /><br />Chartists like Prechter recommend using log scale, they believe that longer term retracements are more accurate this way.<br /><br />It would give it 70-30 chance, seeing that the channel is very near parallel.vAsiSThahttps://www.blogger.com/profile/08812352482004389085noreply@blogger.comtag:blogger.com,1999:blog-4106354889057002803.post-46494913249674629602011-02-22T14:15:38.164+05:302011-02-22T14:15:38.164+05:30Hi RainMaker
Lets see .Pl.Share any technicals ,l...Hi RainMaker<br /><br />Lets see .Pl.Share any technicals ,like some ratios of price or time etc,that are common or allowed in this pattern. I didnot get any rules for it regarding distance of 5 or else.<br /><br />ThanksAAR VEEhttps://www.blogger.com/profile/12209323009249048054noreply@blogger.comtag:blogger.com,1999:blog-4106354889057002803.post-8688123776660289952011-02-22T13:48:05.725+05:302011-02-22T13:48:05.725+05:30Aarvee,
Nice observation.
I think this one fail...Aarvee,<br /><br />Nice observation. <br /><br />I think this one fails.<br /><br />Leg 4-5 is too large in comparison to leg 2-3. <br /><br />Also point 5 is Far off from the TL joining 1 and 3.<br /><br />RainMakerRainMakerhttps://www.blogger.com/profile/12394857108030774915noreply@blogger.com