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Lines are cool, but market structure rules
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jpartner
Posted 5/20/2015 19:27 (#4582345 - in reply to #4582306)
Subject: RE: Lines are cool, but market structure rules


BlackCattle - 5/20/2015 18:10

OK now we are talking. I am learning something. Long standing question is how do I note the structure to aim the hagopian?? What are the rules of the bottom sides of the fork?


Hi BC,
Choose any thre alternating pivots. Where it gets tricky is choosing like sized swings. For example, using alternating pivots is perfectly fine for the current corn chart, but to gauge the bigger picture , you want to pick the major pivots. I am not around my pc, so I cant post a chart, but maybe ND, pilot, fry or dublin can post one?.....TIA

edit to add...the hagopian rule states that price has a high probability of reaching the ML( or extension of) and if it faiols to do that, it will go further the opposite direction. Its simply a measurement of energy. The more expressed above, the more projection below and the LML, UML etc are centers

Edited by jpartner 5/20/2015 19:36
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