please feel free to post your questions and criticisms. I am going to publish the rules as well as more examples. If you want to, do some research yourself. I forgot to post the 4th spiral numbers. The 2 is the current low of the NDX.... the 1 will be when we hit the 825ish level. The exact retracements increase slightly as the pattern spirals outward. For example, the first phase of the spiral was a 109 retracement i beleive. The second was a 110. And the current level is 112 roughly. That is, if the current level holds.
vehn, thanks for the link. As you can see, it's a similiar theory, except that this is much more specific, and pattern oriented. Here the pattern spirals out from the center, whereas the Adam Theory attempts to predict the outcome in a more linear fashion.
Walther, I agree. But if you can predict when symmetry will hold and when it will fail, that is something valuable. Besides, this is a new way of looking at market symmetry.
Post something with price and time on it and let Walther do a work up of his studies. Would be interesting.
this is also a method for entering the market not exiting. There are rules for holding... and there are rules for exiting.
Lundy Do you trade this as a trend continuation or a reversal pattern( or both)? I was looking at the ndx daily , would the time from 7/17 to 8/23/02 be this symmetry also? ( upside down)
I like indicators and systems that are based on some kind of trading reality like a short squeeze where lots of traders have to cover, or a breakout to new highs where there are no sellers and potentially there are buyers, or a breakout above resistance, etc. How does this relate to any kind of "reality"? Max