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harryrp
Posted : Friday, December 05, 2014 2:01:43 PM
Gold Customer Gold Customer

Joined: 11/25/2004
Posts: 10

Nice discussion. While we are on the subject why not have Worden include a Fib confluence indicator that apprears in many other trading platforms.

Jpetesmith
Posted : Wednesday, December 24, 2014 2:23:02 PM
Gold Customer Gold Customer

Joined: 5/9/2010
Posts: 144

QUOTE (diceman)

QUOTE (pthegreat)

So what's the opinion? will we reach the 161.8%XA on SPY monthly chart by year end?

 

Got a coin?

 

 

HEADS UP!

pthegreat
Posted : Friday, January 02, 2015 9:24:37 AM

Registered User
Joined: 6/15/2008
Posts: 1,356

So here at the end of the year, update on monthly charts:

SPY hit the 161.8%XA on a spike that lasted just a couple of seconds.

S&P500:

DJ30:

 

Russel:

Hit the 161.8 spot on.

 

I don't invest, I trade. therefore I only look at longterm charts for general direction.

My experience from seeing these patterns on smaller timeframes is that more times than not, the 161.8XA is at least a stiff resistance and many times results in a pullback. 

So in the next couple of months I expect (doesn't mean it will happen) at least some sideways movement and maybe a pullback. I'll keep watching these charts if on a monthly closing bases they can close above the 161.8 or not.

happy New year to everyone!

pthegreat
Posted : Friday, January 02, 2015 11:16:05 AM

Registered User
Joined: 6/15/2008
Posts: 1,356

http://www.ted.com/talks/benoit_mandelbrot_fractals_the_art_of_roughness

 

 

pthegreat
Posted : Thursday, February 19, 2015 6:55:05 AM

Registered User
Joined: 6/15/2008
Posts: 1,356

Probably my last post here on Worden forum. It has been a huge dissapointment to me that Worden stopped development on stockfinder, therefore I have been searching for an alternative, and think I have found it. Going to spend my time, switching over and re-program my indicators.

I have been trading for a good six years, and have met quite a few fellow traders here, from which I have learned a lot. I want to thank everyone for their contributions and inspiration. and thanks to Worden support, specially Bruce; fantastic help, and his knowledge and support has made all the difference for me.

Have a great one!

 

diceman
Posted : Thursday, February 19, 2015 10:10:29 AM
Gold Customer Gold Customer

Joined: 1/28/2005
Posts: 6,034

Good luck to you pthegreat, I wish you the best.

 

 

diceman

 
Bruce_L
Posted : Thursday, February 19, 2015 10:42:11 AM


Worden Trainer

Joined: 10/7/2004
Posts: 60,672

I wish you all the best as well. Thank you for all your contributions to the forums.



-Bruce
Personal Criteria Formulas
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idrisb59
Posted : Thursday, February 19, 2015 12:18:28 PM
Registered User
Joined: 7/20/2010
Posts: 4

good luck pthegreat... do leave us your forwarding / new address. - thanks

systemtrader
Posted : Thursday, February 19, 2015 1:08:38 PM
Gold Customer Gold Customer

Joined: 3/19/2008
Posts: 5

Best wishes and good luck to you. I've really enjoyed your informative posts on harmonics and hope you decide to continue posting on this interesting topic.

Also, please let us know how the alternative charting app works for you. I've been searching for an alternative as well and would like to hear about what you've found.

Many thanks for sharing your knowledge with us!

 

-systemtrader

pthegreat
Posted : Friday, February 20, 2015 8:34:12 AM

Registered User
Joined: 6/15/2008
Posts: 1,356

QUOTE (systemtrader)

Also, please let us know how the alternative charting app works for you. I've been searching for an alternative as well and would like to hear about what you've found.

Many thanks for sharing your knowledge with us!

-systemtrader

I don't think it's appropriate or allowed to post 3rd party software here. But you should be able to look me up on twitter. I post a lot of charts and comments on twitter. so if you're interested in harmonics and the way I'm using it, then we can continue discussions there.

I only trade weekly options. I have developed an app that looks for unusual options activity on high liquid, high beta stocks. No option support on Worden's platforms was another reason for me to use their products less.

 

zigzagz
Posted : Friday, February 20, 2015 9:07:33 PM
Registered User
Joined: 2/3/2015
Posts: 5

What's your twitter username?  I'd like to follow you

Gr8Trades
Posted : Tuesday, February 24, 2015 2:43:38 PM
Platinum Customer Platinum Customer

Joined: 5/6/2014
Posts: 78

Bruce; allowed to post twitter handle here, or not?

thx.

Bruce_L
Posted : Wednesday, February 25, 2015 11:34:23 AM


Worden Trainer

Joined: 10/7/2004
Posts: 60,672

Sory, I was out sick. The post will get deleted eventually. My guesses at your Twitter handle were unsuccessful.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
Gr8Trades
Posted : Wednesday, February 25, 2015 1:33:24 PM
Platinum Customer Platinum Customer

Joined: 5/6/2014
Posts: 78

Hope you feel better.

I recently had to change my twitter handle , this is my current one:

@gr8wklyoptions

And I have an automatic bot twittering large "buy" trades at or above the ask weekly optiontrades, entering the market : @gr8estbot

 

Gr8Trades
Posted : Thursday, June 11, 2015 12:53:02 AM
Platinum Customer Platinum Customer

Joined: 5/6/2014
Posts: 78

Programmed a simple AB=CD calculator in Excel. better than the previous shared spreadsheet

download here :

https://www.mediafire.com/folder/448pfw2fb1b5o/ABCD-Excel

enjoy

Gr8Trades
Posted : Thursday, August 20, 2015 11:48:01 PM
Platinum Customer Platinum Customer

Joined: 5/6/2014
Posts: 78

Just a quick update on the long term SPY chart we've been looking at for the past years. Since the beginning of the year the 161.8%XA level has been resistance. in the past couple of weeks, I've pointed out on twitter a possible XABCD pattern on the daily chart starting a new CD leg down.

With today's action that pattern has gotten some more validity imo.

 

Gr8Trades
Posted : Saturday, October 31, 2015 12:30:32 AM
Platinum Customer Platinum Customer

Joined: 5/6/2014
Posts: 78

Just a quick update on the long term SPY chart.

After that correction came to a halt at the 127%XA of the monthly chart, see the chart posted on january 2nd, we now find SPY at a PRZ of a Gartley pattern. the top of the PRZ was calculated at 209.43.

Today's high was 209.44

We have ba clearly defioned PRZ range, which we have to observe for a potential pullback if it breaks below the lower PRZ range.

If it holds above the PRZ then we have to watch the 88.6%XA, then the Monthly 161.8%XA, at the All Time High, and beyond that further XA projections.

 

Gr8Trades
Posted : Thursday, July 20, 2017 2:36:55 PM
Platinum Customer Platinum Customer

Joined: 5/6/2014
Posts: 78

Although I don't post here on a regular bases anymore. I feel inclined to post an updated chart on the SPY Longer Timeframe, since we have been following this pattern for a very long time.

It's now right at the 200%XA

updated monthly chart:

Gr8Trades
Posted : Friday, September 01, 2017 1:47:54 PM
Platinum Customer Platinum Customer

Joined: 5/6/2014
Posts: 78

August closed just below 200%XA.

September opening up just above it, while in a XABCD pattern on the 60min TF.

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