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[amibroker] Re: Gold Indices



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Dimitris,

Look at the weekly gold charts. There looks to be something there 
more representative of a Gartley price pattern.  


--- In amibroker@xxxxxxxxxxxxxxx, "Dimitris Tsokakis" 
<TSOKAKIS@xxxx> wrote:
> Bill,
> as you see, time has come for the breakout. After three 
unsuccessful bearish attempts, we are out of the formation.
> I can not see the Gartley pattern here.
> Do you see a bullish or a bearish one ?
> Please advise.
> Dimitris Tsokakis
> ---- Original Message ----- 
> From: <TSOKAKIS@xxxx>
> To: <amibroker@xxxxxxxxxxxxxxx>
> Sent: Friday, February 28, 2003 2:03 AM
> Subject: [amibroker] Re: Gold Indices
> 
> 
> > I am not familiar with this technique.
> > Do you speak for a price+time pattern ?
> > Was there a starting bar [and an expected end bar]?
> > It would be interesting to give more details, if time permits of 
> > course.
>  
> Rather than start from scratch by e-mail, I suggest that you start 
at the following URLs (additional ones found by Google search) and 
then, if interested, get further into it by reading 
Pesavento's "Profitable Patterns ..." and Carney's "The Harmonic 
Trader" books:
>  
> http://www.longorshort.com/
> http://www.harmonictrader.com/default.htm
> http://www.tradingtutor.com/
> 
> > DT
> > --- In amibroker@xxxxxxxxxxxxxxx, "wavemechanic" <wd78@xxxx> 
wrote:
> > > 
> > > ----- Original Message ----- 
> > > From: <TSOKAKIS@xxxx>
> > > To: <amibroker@xxxxxxxxxxxxxxx>
> > > Sent: Thursday, February 27, 2003 4:52 PM
> > > Subject: [amibroker] Re: Gold Indices
> > > 
> > > 
> > > > It is not even clear the direction of the breakout. It is 
not 
> > time 
> > > > yet.
> > > > Any indication around ?
> > > 
> > > Not time?  Fibonacci patterns are not trendline break 
strategies.  
> > The trade was entered 11 points ago with the completion of the 
> > Gartley.
> > > 
> > > > DT
> > > > --- In amibroker@xxxxxxxxxxxxxxx, "wavemechanic" <wd78@xxxx> 
> > wrote:
> > > > > 
> > > > >   ----- Original Message ----- 
> > > > >   From: Dimitris Tsokakis 
> > > > >   To: amibroker@xxxxxxxxxxxxxxx 
> > > > >   Sent: Thursday, February 27, 2003 3:26 AM
> > > > >   Subject: [amibroker] Gold Indices
> > > > > 
> > > > > 
> > > > >   ^XAU and  ^GOX wedges did not confirm the breakout yet.
> > > > >   We should stay cool and wait, the precious metal will 
loose 
> > its 
> > > > strength, sooner or later.
> > > > >   And the money will come back to the stockmarket for the 
next 
> > > > movement.
> > > > > 
> > > > >   Don't be surprised if your wedge morphs into something 
else 
> > > > (e.g., channel).
> > > > > 
> > > > >   Dimitris Tsokakis
> > > >


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