# Thread: 30 Pips A day Keeps the your money at bay

1. Newbie
Join Date
Mar 2012
Posts
26
Hi T Money and The Crew i have been following this thread for a couple days ( i started at page 1 ) and i am interested in this strategy i checked out all the baby pips school the FX360 and ordered the trade what you see book i have just tried to draw my first gartley could you guys take a look and tell me if i did it right or what im doing wrong cuz i would really like to learn this method

thanx for all the time and effort yall have been putting into this thread

2. Originally Posted by bhustle974
Hi T Money and The Crew i have been following this thread for a couple days ( i started at page 1 ) and i am interested in this strategy i checked out all the baby pips school the FX360 and ordered the trade what you see book i have just tried to draw my first gartley could you guys take a look and tell me if i did it right or what im doing wrong cuz i would really like to learn this method

thanx for all the time and effort yall have been putting into this thread
That's a pretty good first attempt. Certainly better than my first try! However, Your CD leg needs to be atleast a 100% retracement of the AB Leg. This means that after you discover C, you draw a fib from Point B to Point A. Next you take that fib and slide it up so the 0% hits the Wick of Your C leg. Once you do that, look for convergences from the 100% of AB up to 261%.

Here is a step by step I made for somebody in the chatroom.

Step 1-2

Step 3

Step 4

Step 5

Also, Check out TmoneyBag's youtube tutorial if you haven't already. I had to watch it a few times before I finally figured it out.

I can't post links yet... So go on youtube and type in "Identify Gartley 222 and Butterfly Patterns" It is by KingKaiTrunks.

Hope this helps!
Last edited by TheMadCrumpet; 04-30-2012 at 09:56 PM.

3. Newbie
Join Date
Mar 2012
Posts
26
That's a pretty good first attempt. Certainly better than my first try! However, Your CD leg needs to be atleast a 100% retracement of the AB Leg. This means that after you discover C, you draw a fib from Point B to Point A. Next you take that fib and slide it up so the 0% hits the Wick of Your C leg. Once you do that, look for convergences from the 100% of AB up to 261%.

Here is a step by step I made for somebody in the chatroom.

Step 1-2

Step 3

Step 4

Step 5

Also, Check out TmoneyBag's youtube tutorial if you haven't already. I had to watch it a few times before I finally figured it out.

I can't post links yet... So go on youtube and type in "Identify Gartley 222 and Butterfly Patterns" It is by KingKaiTrunks.

Hope this helps!
thanx for the quick reply crumpet i watched tmoneys vid like 6 times it was hard to understatnd i did some googling and came up with that .. i will re adjust my drawings

4. Superior Master Contributor and Member
Join Date
Mar 2012
Posts
955
Draw a bearish butterfly on EUR/USD and see if your sell D is at 1.32656?

5. Newbie
Join Date
Mar 2012
Posts
26
what time frame

6. Superior Master Contributor and Member
Join Date
Mar 2012
Posts
955
30 min. TF

7. Potential setups...

Is this what you were seeing pipcompounder?

Also there might be one for the NZD/USD.. Update: Hopefully the RNB interest rate cut didn't just torpedo this trade..

There is some pretty solid resistance at .81225, .81075 and .8100 that lines up fairly well with those two fib convergences.

PS. Thanks for telling me how to get the cool apperance for marketscope Tmoney!
Last edited by TheMadCrumpet; 05-01-2012 at 01:19 AM.

8. Newbie
Join Date
Jun 2010
Posts
41
Hello everyone, i exited the AUD/USD for +142 pips.

Actually, i found this Gartley on the EUR/USD 15 mins:

9. Thanks TheMadCrumpet for pointing out that bullish gartley on NZD/USD. Didn't even had the chart on my metatrader lol ^^ Went long on 78.6% retracement of XA. Hope for the best tho it's still demo money

Also thanks Heretic for the Gartley video's on your site. Very clear explanation.

Here is my bullish Gartley on the NZD/USD chart 30M.

10. Newbie
Join Date
Jun 2010
Posts
41
Originally Posted by kaboemm
Thanks TheMadCrumpet for pointing out that bullish gartley on NZD/USD. Didn't even had the chart on my metatrader lol ^^ Went long on 78.6% retracement of XA. Hope for the best tho it's still demo money

Also thanks Heretic for the Gartley video's on your site. Very clear explanation.

Here is my bullish Gartley on the NZD/USD chart 30M.
Happy to help!
I'll post some other screencasts, so if you want, bookmark the site

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