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korHarmonics v6.7.8 Test

Latest test version of this indicator is avaliable in download>korHarmonics sections.

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korHarmonics NEW version 6.7.8 avaliable to download!

Indicator is available from Download>korHarmonics section.

Changes described on the forum in the Current and future functionality section.

Test version will be available till 30.06.2010. Before this time expires next Trial should be available.

Looking forward to hear your comments.

korHarmonics NEW version 6.7.6 avaliable to download!

Indicator is available from Download>korHarmonics section.

Many changes - reported issues fixed, new patterns and functionality added.

Test version will be available till 30.06.2010. Before this time expires next Trial should be available.

Looking forward to hear your comments.

Worth to read

  • Microsoft, MSFT 7 Mar 2010 | 6:02 am market geometry

    This is actually my pessimistic scenario for microsoft and target is calculated for only ABC upside corrective (but it is good to stay with more concervative approach). 

    If my count in the lower chart is correct as I believe it is, we might see W3 non-expansion target goes for 31 $, that´s before any fifth wave in it, but even without this should lead reasonable agressive C wave from here.





  • EurUsd, ending diagonal triangle, 240 min, UsdJpy and SPX 7 Mar 2010 | 4:14 am market geometry

    Perhaps this diagonal pattern starts to be somewhat ready, it does have 9 boundary touches now. One breake allready, re-test with some kind of failure with line, but because it is eurodollar it is never going to give anything too easy. Should be on the way to test 38.2% at least from this reasonable big drop which tested daily chart 61.8% retracement 3 times before market started to respond for any reversal calls. 

    Usd-Jpy have also 240 min bullish gartley position indicating yen crosses bottom has been placed. For the reason or another I don´t like this pattern in here, the movement inside of the pattern are not something I had used to see. 

    SPX had yesterday contracting triangle and market responded for that. 

    Next week is going to be interesting with eurodollar because this price should not subdive anymore inside to the pattern, it should start taking larger ABC corrective upmovement at least or then impulsive like SPX does. 

    Additonally have to attatch this SPX cont. triangle chart, it is beauty. It prints first one as wrong because B wave of cource have to have previous impulse wave behind of it but second one is beauty. It needs slightly more brainwork how to close those odd versions off where it takes entire chart to build it as one triangle. Attatched also usd--jpy gartley, it is reasonable good pattern, but also needs manual check. Harmony approach is generally too cosmetic approach since it does not check what´s inside of those triangles at all by wave point of view. It is looking them only as outside projections.




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  • Good Gartleys, Bad Gartleys, Wrong Gartleys, Correct Gartleys, 1 Mar 2010 | 2:35 am market geometry

    I noticed recently most gartleys tends to be something completely else what it should be, meaning they all are pretty much killed and invaliated when EW subdiving and is in impulse waves. Alone on last week saw half dozen of those so decided to post this one as accidently noticed it. In my experience statistic with this pattern is one of the weakest I had seen in the live chart and reason for that is that most of the time is it not located in correct EW positions where it does have any chances to work out - in fact it is working as opposite, but this is correct place for it and here´s procedure to check if it real or not using wave structure for it. First triangle need to be impulse and second one zigzag movement. 5 and 3 to put it simple way. 

    Additionally this combination might come usefull if gartley left triangle bottom have 3.618 relation, it is good argument for any ending point of W3 at least with this degree which is relative small as example only. Next gartley is again suicide case as smaller one, but this crab might have good role if this cronological order will be seen to end one impulse with 1.618 price relation, 5 waves again of cource is required for it. But depending of degree of cource that crab can be only end of 1/5.....