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Saturday, May 28, 2011

Mapping Goodman

Mapping Goodman

To follow several patterns may be using a small time frame chart, such as 10-minute chart and dissect the different levels matrix. But most traders will find it easier to locate different patterns on different time scale charts. Three seems to be the practical limit for most traders. For example: a 15-minute to find the smallest matrices, for 1 hour to find patterns of the middle class and the 4-hour to find the largest matrices. What use charts course determined by what kind of job will require. Unfortunately, there is no perfect one-to-one correspondence between matrices and timelines, they overlap.

The graphs time-sensitive and GSCS only price sensitive, the trader may consider using the prices just point and figure charts to bring out different patterns swings and clearer. Charlie Box uses graphics that allow multiple time frames to be viewed on a single pattern as the combined time and cost on the table.

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