by sniper012 » Thu Oct 11, 2012 1:10 pm
Have a look at the current aud/cad chart with the harmonic indicator on your chart. I got long on this pair on tuesday or 10/8/12. If you look at it now, you will see the green shade indicating that the bullish ABCD pattern that it is showing, completed on 10/8/12. The thing is, if you looked at this chart on the 8th and even on the 9th, there was no indication of a harmonic pattern. The indication showed up yesterday although if you look at it, you would think the green shade has been on the chart since 10/8. Doesn't seem very useful if it's two days late but kinda pretending that it's been there all along.