Fractals 101
Started by
Frac_Man
, Mar 08 2007 08:02 AM
4 replies to this topic
#1
Posted 08 March 2007 - 08:02 AM
On the fractal chart below :
I'm sure everyone recalls my calling for a top ( f6 ) on the XAU --- although it dropped like a rock.
Hence the multi-month decline was negated when the fractal touched its anticipated fractal point ( 7 ).
Then, as everyone recalls, I isssued a buy signal for the shares ( f7 ).
Now I am looking for a NEW ( f8 ) on the fractal similar to the fractal in the RED
If you detrend the squiggles on the charts you arrive at two perfectly fractals.
I use absolutely use no technical anaylsis ---- it's inappropriate for this type of dynamic system.
The copy fractal will mirror the base fractal with respect to the original dimension of the base generator.
It takes practice and there are a few proprietary tools I use to label the fractal point sets on the fractals.
I hope this helps everyone on the board.
Good Luck Trading
Hank Wernicki
ps this rally will continue as suggested with yesterday's comment and then end sometime next week.
Updates will be posted on its fractal progression
I'm sure everyone recalls my calling for a top ( f6 ) on the XAU --- although it dropped like a rock.
Hence the multi-month decline was negated when the fractal touched its anticipated fractal point ( 7 ).
Then, as everyone recalls, I isssued a buy signal for the shares ( f7 ).
Now I am looking for a NEW ( f8 ) on the fractal similar to the fractal in the RED
If you detrend the squiggles on the charts you arrive at two perfectly fractals.
I use absolutely use no technical anaylsis ---- it's inappropriate for this type of dynamic system.
The copy fractal will mirror the base fractal with respect to the original dimension of the base generator.
It takes practice and there are a few proprietary tools I use to label the fractal point sets on the fractals.
I hope this helps everyone on the board.
Good Luck Trading
Hank Wernicki
ps this rally will continue as suggested with yesterday's comment and then end sometime next week.
Updates will be posted on its fractal progression
#2
Posted 08 March 2007 - 08:27 AM
ps this rally will continue as suggested with yesterday's comment and then end sometime next week.
Updates will be posted on its fractal progression
Thanks for the explanation
...are you referring to stock market?
Is the Kaboom next week?...or later ?
Edited by .Blizzard, 08 March 2007 - 08:28 AM.
#3
Posted 08 March 2007 - 09:26 AM
I'm raising cash for next week ....... flat right now
Hank
just watching and relaxing
it's a beautiful day in PA
Hank
just watching and relaxing
it's a beautiful day in PA
ps this rally will continue as suggested with yesterday's comment and then end sometime next week.
Updates will be posted on its fractal progression
Thanks for the explanation
...are you referring to stock market?
Is the Kaboom next week?...or later ?
#4
Posted 08 March 2007 - 10:45 AM
Hank do you have any f8 target xau? thanks
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#5
Posted 08 March 2007 - 11:53 AM
around 146, but I would wait for another entry point to go long ...
Hank do you have any f8 target xau? thanks