What Does a Fractal Look Like?

What Does a Fractal Look Like? And What Does It Have to Do with the Stock Market? By Elliott Wave International Although Ralph N. Elliott came to his conclusions 50 years before the new science of fractals blossomed, he took a step that current observers of natural processes have yet to take. He explained not only that the progress of the market was fractal in nature but discovered and described the component patterns. Find out more about the stock market and fractals in this excerpt. Read more.

Harmonic trading - Butterfly Bearish

Wednesday, September 23, 2009

Another pattern shows up today and sadly i didn't see it. Can´t be always at the computer and when we are on small time frames we loose lot's of those. That's why i prefer 1 hour minimum to trade. This one is a Bearish Butterfly and you learn a lot about it if you fallow this link. 2D patterns can obviously be bullish or bearish but the software paints the pattern with a specific color in witch one of the cases for easiest identification. Again, all this is completely free and you don't need Christmas time to get it ;). We are having some troubles with disqus comments so if sometimes we don't answer don't take it badly :).

Best to your trading
PH


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