Not at all, as long as everyone gets along I haven’t a problem with anyone posting here.
m15 chart of the USD/CAD. Bullish Gartley & Bullish Butterfly possibly forming. The 1.272 of CD converges with the 1.00 of XA. Also, the 1.618 of CD converges with the 1.272 of XA almost perfectly. The amount BC retraced leads me to believe that the 1.00 of XA will hold; this area was tested twice previously and held (on 10/27 & 10/28). However, the AB leg took about 105 minutes to complete, but the CD is no where near completing and has taken about 3 hours to get where it is now, so I guess I am going to have to wait and see. Let me know what you guys think. Let me know what you guys think.
Nice… I was totally asleep…lol
Just got 30 pips on this bat pattern. Definitely not text book still worked though.
Edit:add pic
10pips, what are those dotted red lines in your chart? I see a vertical one in the first 1/3 of your chart and then another one in the middle which is at a 45 degree angle??
Those are where I drew fib’s from and to. It’s part of MT4 fib tool. Unless your talking about the red and blue ones following price action?
Switched the name of this thread to Harmonic trading adventure traders welcome. I’m unable to keep this thread active due certain negative life circumstances at the moment. Hopefully someone will find it useful.
Wishing you all the best, feel free to use this thread for anything regarding harmonic trading, if not that’s cool to.
:57:
Sorry to hear that. Good luck with everything.
here is the completed pattern.
i use stop orders, not limit orders (anymore). as it turns out this pattern failed when price went past the PRZ. i did move the entry to 5 pips below the last candle shown but didnt take screenshot. ive found using stop orders give some ‘confirmation’ that price will reverse, especially if you cant sit and watch the market.
EDIT : in future ill take screenshots bigger
Bullish Gartley forming on the 1H EUR/USD.
100% CD lines up very nicely with the .764 of XA.
Dave, what is korharmonics?
Its an indicator that draws the harmonic patterns, like zup. makes it easier to scan the charts for us time pressed people. i still double check the fib levels manually though.
here is a butterfly setting up
EDIT : zup and korharmonics are for mt4, i notice your using TS2 so im not sure whats available for that.
hmmm got a 30 pip loss there, when pattern failed, but we have set up bearish crab now. probably wont trade based on the size of the candles in the PRZ. looking more bullish than bearish for now :33:
Daviedave, what version of korharmonics are you using and what are your settings?
6.7.13.the settings I have are just standard. I have it set to ignore everything except gartley, bat,crab, butterfly.
Hello,
i am very new to harmonics, been reading here and there, getting a bit lost, but i think the only way to get good at it is try to analyse and get thr Pro’s feedback.
can anyone tell me if the attached is valid, given that in my chart point C is NOT less (not .618 of swing A)
i am just curios if you think that its still valid.
i would appreciate that anyone comments and explains my flaws so i learn.
thank you
Hi,
first post. welcome. just registered.
since you use our indicator korHarmonics i decided to join this thread.
i am sure you have heard already about our forum for harmonic trading TradingArsenal.com
you may post your questions regarding korHarmonics or AMP indicator there, but also here. I or any of my friends will be visiting from time to time to comment your questions and ideas for improvements.
Ziemo recorded lately couple of videos. Different topics, but last ones present confirmation techniques, ways to improve harmonic trades. Wanted to give you the links, but its blocked by the admin, as i just joined here.
Anyway, if you are interested look on YouTube for TradingArsenalTV, and see the latest ones.
all the best in your trading,
kor4x
very good i will try