Dragon pattern
- Thread starter Pekelo
- Start date
2 dragons on 2 different timeframes, nicely complimenting each other:
SPX 5days/15mins chart:
Target already reached...By chance both targets (SPX,NDX) were 16-16 pts from the Failure...
NDX 2days/15mins chart:
There is still 3 points left to reach the target, although it is already good making 13 out of the expected 16 pts...
SPX 5days/15mins chart:
Target already reached...By chance both targets (SPX,NDX) were 16-16 pts from the Failure...
NDX 2days/15mins chart:
There is still 3 points left to reach the target, although it is already good making 13 out of the expected 16 pts...
Those patterns look more like any other cup and handle?
Posted live in the ES Journal on Friday:
...and this is what happened:
3-4 pts left to the expected 3rd top, I expect it to reach it by Monday 10 am, and that is usually a good shorting opportunity/time...
Quote from Pekelo:
we are right at the Failure point on the 5 days/15 min chart and if we do bounce from here the 3rd top target is 1298+13 for the ES... Probably on Monday....
As long as we don't go below 1298 (ES), the pattern is in play...
Showing it here on the cash:
Cash 3rd top would be: 1315
...and this is what happened:
3-4 pts left to the expected 3rd top, I expect it to reach it by Monday 10 am, and that is usually a good shorting opportunity/time...
Quote from Pekelo:
Posted live in the ES Journal on Friday:
...and this is what happened:
3-4 pts left to the expected 3rd top, I expect it to reach it by Monday 10 am, and that is usually a good shorting opportunity/time...
And your meaning to tell me you put money at risk on the basis of these absurd methodologies?
Eh??? I mean double eh???
The pattern has been present for 2 years and I keep posting live warnings/signals occasionally that plays out most of the time.
But if you don't like it, don't play it. Just remember, never fight the dragon! (ask the shorters on Friday)
P.S.: Absurd? Triple eh???
P.S.S.: Your comment didn't even contain a valid criticism. Quadriple eh....
Quote from Pekelo:
Eh??? I mean double eh???
The pattern has been present for 2 years and I keep posting live warnings/signals occasionally that plays out most of the time.
But if you don't like it, don't play it. Just remember, never fight the dragon! (ask the shorters on Friday)
P.S.: Absurd? Triple eh???
P.S.S.: Your comment didn't even contain a valid criticism. Quadriple eh....
Ehh??? Criticism
Double Eh?? Maybe because it was a question. Triple ehh??? don't know what one of these "?" are?
Quadruple Eh??? You still didn't answer the question.
Not that you deserve an answer, but I am bored:
Oh there was one? Mind you, you do realize that you are bitching after a SUCCESSFUL usage of the pattern?? I could understand if you post when it doesn't play out....
But anyway, why don't you ask ammo? I posted the pattern around ES 1300 with a 13 pts upmove prediction from 1298, ammo shorted it just above 1302 and we closed the day above 1307... So sure, trying to fight it paid off rather well.
But to answer your question, no. I don't play it, I just like to draw straight lines at an angle and post colorful charts.
Happy now?
P.S.: You are on Ignore for "absurd".
Oh there was one? Mind you, you do realize that you are bitching after a SUCCESSFUL usage of the pattern?? I could understand if you post when it doesn't play out....
But anyway, why don't you ask ammo? I posted the pattern around ES 1300 with a 13 pts upmove prediction from 1298, ammo shorted it just above 1302 and we closed the day above 1307... So sure, trying to fight it paid off rather well.
But to answer your question, no. I don't play it, I just like to draw straight lines at an angle and post colorful charts.
Happy now?
P.S.: You are on Ignore for "absurd".
Well the truth finally comes out