X-Account-Key: account3 X-UIDL: 1196974288.000 X-Mozilla-Status: 0011 X-Mozilla-Status2: 10000000 X-Mozilla-Keys: Received: from n35b.bullet.mail.sp1.yahoo.com by genie.lightpatch.com id aa26033; 6 Dec 2007 12:50 PST Comment: DomainKeys? See http://antispam.yahoo.com/domainkeys DomainKey-Signature: a=rsa-sha1; q=dns; c=nofws; s=lima; d=yahoogroups.com; b=eRUHGJA1yoZZOqNrLqwOOioWrGsUXdNlfhpMcrSbPq9j0yNDGD6LwrhUUiEeRXwzo1uRIyC+vz3bNQ59soT2f+67zLvccfbJ6ZDiLDdIeSBse9dTclso7nktMZfg6/+2; Received: from [216.252.122.216] by n35.bullet.mail.sp1.yahoo.com with NNFMP; 06 Dec 2007 20:49:54 -0000 Received: from [209.73.164.86] by t1.bullet.sp1.yahoo.com with NNFMP; 06 Dec 2007 20:49:54 -0000 Received: from [66.218.66.157] by t8.bullet.scd.yahoo.com with NNFMP; 06 Dec 2007 20:49:54 -0000 X-Yahoo-Newman-Id: 12111071-m75783 X-Sender: gmorlan@tampabay.rr.com X-Apparently-To: MetaTrader_Experts_and_Indicators@yahoogroups.com X-Received: (qmail 80443 invoked from network); 6 Dec 2007 20:49:52 -0000 X-Received: from unknown (66.218.67.94) by m53.grp.scd.yahoo.com with QMQP; 6 Dec 2007 20:49:52 -0000 X-Received: from unknown (HELO hrndva-omtalb.mail.rr.com) (71.74.56.123) by mta15.grp.scd.yahoo.com with SMTP; 6 Dec 2007 20:49:52 -0000 X-Received: from lorenzy5yllpkh ([72.184.17.31]) by hrndva-omta06.mail.rr.com with ESMTP id <20071206204950.SVLS22267.hrndva-omta06.mail.rr.com@lorenzy5yllpkh>; Thu, 6 Dec 2007 20:49:50 +0000 To: References: <0c3401c83843$4b26afd0$e1740f70$@rr.com> In-Reply-To: <0c3401c83843$4b26afd0$e1740f70$@rr.com> Message-ID: <0c5001c83849$8a76f900$9f64eb00$@rr.com> X-Mailer: Microsoft Office Outlook 12.0 Thread-Index: Acg4Q0hiMAgbYg8OTz2GMmPvpsLPiQABZNbg Content-Language: en-us X-Originating-IP: 71.74.56.123 X-eGroups-Msg-Info: 1:12:0:0:0 From: Loren Morlan X-Yahoo-Profile: lorenmorlan Sender: MetaTrader_Experts_and_Indicators@yahoogroups.com MIME-Version: 1.0 Mailing-List: list MetaTrader_Experts_and_Indicators@yahoogroups.com; contact MetaTrader_Experts_and_Indicators-owner@yahoogroups.com Delivered-To: mailing list MetaTrader_Experts_and_Indicators@yahoogroups.com List-Id: Precedence: bulk List-Unsubscribe: Date: Thu, 6 Dec 2007 15:49:44 -0500 Subject: RE: [MT_E and I] GBP/USD 12/6/07 1 MINUTE CHART four long trades all profit X-Yahoo-Newman-Property: groups-email-ff-m Reply-To: MetaTrader_Experts_and_Indicators@yahoogroups.com Content-Type: multipart/related; boundary="----=_NextPart_000_0C51_01C8381F.A1A0F100" X-Antivirus: AVG for E-mail 7.5.503 [269.16.15/1174] ------=_NextPart_000_0C51_01C8381F.A1A0F100 Content-Type: multipart/alternative; boundary="----=_NextPart_001_0C52_01C8381F.A1A0F100" ------=_NextPart_001_0C52_01C8381F.A1A0F100 Content-Type: text/plain; charset="us-ascii" Content-Transfer-Encoding: 7bit Correction in the fifth paragraph below. The first sentence should read "Lines 8 and 9 mark a CPD, price low at 8 is the same as price low 9 while A/D traces a higher low." Loren From: MetaTrader_Experts_and_Indicators@yahoogroups.com [mailto:MetaTrader_Experts_and_Indicators@yahoogroups.com] On Behalf Of Loren Morlan Sent: Thursday, December 06, 2007 3:05 PM To: blutofx@gmail.com Subject: [MT_E and I] GBP/USD 12/6/07 1 MINUTE CHART four long trades all profit Attached 1 minute chart shows 4 trades between 16:45 and 18:32 all profitable using A/D (Accumulation/Distribution) and LRC (Linear Regression Channels). 8 vertical red lines identify various points of interest/study for the analysist. Price lows between 1 and 2 mark a classic positive divergence (CPD), price low is lower at point 2 while the A/D indicator is higher. This CPD is traced following the lowest low in the 1 minute period and serves as commencement of LRC lines (magenta). LRC lines assist in EW count. EW 3 high generally is higher than the upper channel line. EW 4 low is at or near the lower LRC line. EW 5 high is below the upper LRC line. EW 5 high has not yet occurred in this chart period. EW 5 high should be higher than EW 3 high. Lines 3 and 4 mark EW 1 high and EW 2 low. Each EW high or low is marked by either a fractal low (green) support or fractal high (red) resistance. Line 5 marks EW 3 high which is above the upper LRC line. This is the most important attribute of LRC lines. Subsequent to EW 3 high and between lines 6 and 7 a RND is traced suggesting lower price. In this regard price high is lower at 7 although A/D values is higher than A/D value at line 6. EW 4 is a corrective wave and is expected following EW 3 high, an impulsive wave. The aforementioned RND introduced corrective EW 4. Lines 5 and 6 mark a CPD, price low at 6 is the same as price low 5 while A/D traces a higher low. More important than this CPD is the RPD (reverse positive divergence) traced by A/D between the lows at line 2 and 8 and 9. In this respect price lows are higher at lines 8 and 9 while A/D values are lower compared to price low and A/D value at line 2. RPD only erupt in an existing up trend and are more reliable CPD. These two different divergences occur at the bottom of EW 4 and mark the beginning of EW 5 (impulse wave) beginning at line 9 low. The four trades shown at the bottom of the chart are all long and trade EW 5 in the one minute period. The first two occur near the beginning of EW 5, the second two occur at a pull back during the impulse wave. At the right edge of the chart a price double top is noted with two red fractal resistance lines. The four open positions should now be closed. The double top suggests a pull back in this period. Once the pull back is complete long positions may be initiated. Ultimately those positions will be closed when price closes above EW 3 high and A/D traces a CND. Comments: A/O (Accelerator Oscillator) though not used on this chart is helpful in identifying and adding to positions. In this regard when A/O falls below the zero line and thereafter traces vertical green line with HA candle blue entry may occur. The Elliott Wave pattern is 5 up and 3 down (A, B and C). This pattern is observed in any time period as shown in this one minute chart. Once EW 5 is observed, corrective waves A and C are most tradable. Corrective wave B should not be traded in the one minute period. I suggest that any proponent of a trading method post real time result incident to a discussion of that method. Loren ------=_NextPart_001_0C52_01C8381F.A1A0F100 Content-Type: text/html; charset=US-ASCII Content-Transfer-Encoding: 7bit

Correction in the fifth paragraph below.  The first sentence should read

 

 “Lines 8 and 9 mark a CPD, price low at 8 is the same as price low 9 while A/D traces a higher low.”

 

Loren

 

 

From: MetaTrader_Experts_and_Indicators@yahoogroups.com [mailto:MetaTrader_Experts_and_Indicators@yahoogroups.com] On Behalf Of Loren Morlan
Sent: Thursday, December 06, 2007 3:05 PM
To: blutofx@gmail.com
Subject: [MT_E and I] GBP/USD 12/6/07 1 MINUTE CHART four long trades all profit

 

 Attached 1 minute chart shows 4 trades between 16:45 and 18:32 all profitable using A/D (Accumulation/Distribution) and LRC (Linear Regression Channels).

 

8 vertical red lines identify various points of interest/study for the analysist.

 

Price lows between 1 and 2 mark a classic positive divergence (CPD), price low is lower at point 2 while the A/D indicator is higher.  This CPD is traced following the lowest low in the 1 minute period and serves as commencement of LRC lines (magenta).  LRC lines assist in EW count.  EW 3 high generally is higher than the upper channel line.  EW 4 low is at or near the lower LRC line.  EW 5 high is below the upper LRC line.  EW 5 high has not yet occurred in this chart  period.  EW 5 high should be higher than EW 3 high.

 

Lines 3 and 4 mark EW 1 high and EW 2 low.  Each EW high or low is marked by either a fractal low (green) support or fractal high (red) resistance.

 

Line 5 marks EW 3 high which is above the upper LRC line.  This is the most important attribute of  LRC lines.  Subsequent to EW 3 high and between lines 6 and 7 a RND is traced suggesting lower price.  In this regard price high is lower at 7 although A/D values is higher than A/D value at line 6.  EW 4 is a corrective wave and is expected following EW 3 high, an impulsive wave.  The aforementioned RND introduced corrective EW 4. 

 

Lines 5 and 6 mark a CPD, price low at 6 is the same as price low 5 while A/D traces a higher low.  More important than this CPD is the RPD (reverse positive divergence) traced by A/D between the lows at line 2 and 8 and 9.  In this respect price lows are higher at lines 8 and 9 while A/D values are lower compared to price low and A/D value at line 2.    RPD only erupt in an existing up trend and are more reliable CPD.  These two different divergences occur at the bottom of EW 4 and mark the beginning of EW 5 (impulse wave) beginning at line 9 low.

 

The four trades shown at the bottom of the chart are all long and trade EW 5 in the one minute period.   The first two occur near the beginning of EW 5, the second two occur at a pull back during the impulse wave.

 

At the right edge of the chart a price double top is noted with two red fractal resistance lines.  The four open positions should now be closed.  The double top suggests a pull back in this period.  Once the pull back is complete long positions may be initiated.  Ultimately those positions will be closed when price closes above EW 3 high and A/D traces a CND.

 

Comments:

 

A/O  (Accelerator Oscillator) though not used on this chart is helpful in identifying and adding to positions.  In this regard when A/O falls below the zero line and thereafter traces vertical green line with HA candle blue entry may occur.

 

The Elliott Wave pattern is 5 up and 3 down (A, B and C).  This pattern is observed in any time period as shown in this one minute chart.  Once EW 5 is observed, corrective waves A and C are most tradable.  Corrective wave B should not be traded in the one minute period.

 

I suggest that any proponent of a trading method post real time result incident to a discussion of that method. 

 

Loren

 

 

 

 

 

 

 

 

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