tmanbone wrote:prochargedmopar wrote:MightyOne wrote:Anyone care to guess[s], for a cookie,[/s] what the circled area is called?

Look familiar?

Not sure who posted the "thoughts in blue".

Will someone please direct me to where mo first starts teaching about the X, Y, in this type of pattern.??

Some how I got them backwards in my head and thought X was the extreme and Y was a retrace.

The X, XX, and XXX maker perfect sense.

As does the Y, YY, and YYY.

Some how this is different.

Now i can't figure out exactly what these X's are showing because I cannot place them on a chart properly myself.

This is how my brain thinks too, it simple terms of Black/White.

I NEED TO KNOW THIS INFORMATION.

Momentum pattern is as follows:

+x, +y, +x, +y, etc.

If +x, +y then -x, -z is needed to reverse.

+x, +y = candle in the direction of profit.

X = body size considered to be non momentum

y = 2x

z = 3x

+ = body up

- = body down

+x, +y = candle in the direction of profit.

If +x, +y then -x, -z is needed to reverse.

If -x, -z then +x, +y to reverse.

If -x, -z, -x then +z to reverse.

+/-z always follows -/+x

Momentum pattern is as follows:

+x, +y, +x, +y, etc.

Reversing after +y is always -x, -z

Reversing after +x is always -z

It's all here in the thread, can't remember where, guessing between p150 and 200

I never said anything about there being a Z