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As I mentioned in the previous note, NDX is too far outside of my allowed zone, but others might very well say it is OK. Each pattern trader has to define how wide the acceptable zone is. Here is an example of what I acceptas a valid pattern.
Bill
----- Original Message -----
From: Anthony Faragasso
To: amibroker@xxxxxxxxxxxxxxx
Sent: Sunday, September 29, 2002 10:35 PM
Subject: [amibroker] Bullish and Bearish Butterfly setups
Just a Link to the Setups:
http://www.longorshort.com/butterflybullish.htm
Could the NDX100 be showing a Bullish Butterfly Bottom Reversal ?
Anthony
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<DIV><STRONG><FONT size=2>Anthony:</FONT></STRONG></DIV>
<DIV><STRONG><FONT size=2></FONT></STRONG> </DIV>
<DIV><STRONG><FONT size=2>As I mentioned in the previous note, NDX is toofar
outside of my allowed zone, but others might very well say it is OK. Each
pattern trader has to define how wide the acceptable zone is. Here isan
example of what I accept as a valid pattern.</FONT></STRONG></DIV>
<DIV><STRONG><FONT size=2></FONT></STRONG> </DIV>
<DIV><STRONG><FONT size=2>Bill</FONT></STRONG></DIV>
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B>
Anthony Faragasso
</DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A title=amibroker@xxxxxxxxxx
href="mailto:amibroker@xxxxxxxxxxxxxxx";>amibroker@xxxxxxxxxxxxxxx</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> Sunday, September 29, 2002 10:35
PM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> [amibroker] Bullish and Bearish
Butterfly setups</DIV>
<DIV><BR></DIV>Just a Link to the Setups:<BR><BR><A
href="http://www.longorshort.com/butterflybullish.htm";>http://www.longorshort.com/butterflybullish.htm</A><BR><BR><BR>Could
the NDX100 be showing a Bullish Butterfly Bottom Reversal
?<BR><BR>Anthony<BR><BR><BR><BR>------------------------ Yahoo! Groups Sponsor
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