30 Pips A day Keeps the your money at bay

Hi!

gartley222pattern and welcome to the thread seems like you are little long term tarder im reading days and weeks ?

best regards

Hi,Thank you for the reply.Actually,I used to trade 1-hour chart for the Forex Market,but I found these opportunities in the longer tme frame in few of weeks ago,so I just took the trades.I am also waiting for another opportunity for the currency pair NZD/CAD in 1-hour chart to go short at 84.1% retracement level.Thanks again.


hi guys,

not sure what you think of this but itā€™s very close.

also appears to be a 3 drives pattern on the 5 min with negative divergence on the 3/10 oscillator

looks pretty good to me.

also watching this on the uj 30 min

i kinda hope it doesnā€™t get there as it would
suggest london fakeout on eu previously posted, so take care or or give the eu some room.

I found this guy on the EUR/JPY 1 hour, what do you guys think?

hi there,

iā€™m no expert, but it looks good to me.

it does get there i can only hope itā€™s on yen weakness rather than euro strength, because i took that bullish fly in uj and and the bearish eu gartley lol.

So, Iā€™ve found several patterns over the past couple of days, but Iā€™m noticing that the Dā€™s are usually 5-10 pips away from my entries - they behave just as Iā€™d want them to, and the retraces are accurate. Is this just me setting up my gartleys poorly, or does this happen frequently, and should I just adjust my entries by the 5-10 pips to ensure I get in the trades?

HI Aarnog!

Youā€™re not wrong at all. This has happened to me many times, recently. Iā€™ve traded some of these Dā€™s at market but just when Iā€™m in front of the computer at the right time, and how do I identify the right time? Well price just starts to behave very hesitant and moves quickly up and down, and those ticks are not for one pip, but for two or even three. Those are the only ocassions when I trade early Dā€™s.

But, I donā€™t encourage you to do so until you get a feeling for how price should behave at D, because an early entry could translate in a worse risk reward ratio, and maybe your D is just a fake out. Take your time to watch how price behaves near D. Set some price alarms 15 - 10 pips before your D so you can watch it.

Remember, thereā€™s no need to always be in a trade, so if some patterns donā€™t complete, wait for the next one. There are plenty of them on their way waiting for you to trade them :slight_smile:

hi guys,

in case you didnā€™t see this, it looks interesting to me, and getting close.

i shorted some already and will add to the position if i get a better fill.

take it easy

Yelo,
Although this is not a Gartley 222 Pattern,it is still a AB=CD pattern: BC=78.6% of AB;CD=127.2% of AB; AB=CD 1:1 in price projection.I went short at 2.1004,stop-loss at 2.1040,profit target at 2.0350,Risk/Reward ratio is 1 : 19.16.


Love that r/r :slight_smile:

i think all here be intrested in see more of those trades.

best regards

Yeah Iā€™d like to hear more about the way you trade Gartley!

Definitely it is an impressive risk reward ratio.

How did you choose you sl and take profit levels?

Regards.

Loonie short at 1.0511.

Anyone else on that one?

Regards :slight_smile:

Looks pretty tasty, candles seem to be stalling nicely at the fib as well. Would love to, but 7 pip spread with my broker! Hope it works for you mate, 4 hour candles looking bullish but daily bias downā€¦
Hi, by the way! Im Oz

I would love to see this thread stay strong, so I will start contributing again!

X 1.5143 EUR/USD Butterfly 1.272/1.000 as of now its 200 pips or so away

Give me your thoughts!

Love this thread too eve nif it is difficult ot accurate project the D :slight_smile:

Anyone heard about the anithedge strategy that was introduced by jacko on another forum maybe we can use it here. If we have a predicted a D point and the price continue to drop when we will buy long we can use this strategy.

best regards

Loonieā€™s beautifully falling off a cliff! im short on a three drives EUR/JPY 131.80 ish but its looking dangerousā€¦see how it goesā€¦off to bed, laterz :=)

Hey Oz!

Welcome to the thread! Thanks for the thumbs up, so far so good. The potential profit is low but so is the risk and the rrr is better than 1:1 so I chose to take it and itā€™s almost there!

Hope to read you more often :slight_smile:

Hey Ogna!

Good to hear from you again! Yeah Iā€™d love to see this thread strong either!
So donā€™t stop contributing here.

Is your D at 1.5225?

Hi Jgadefelth!

I understand what you say, itā€™s still difficult to me to project the true D and many times frustrating. Who said it was easy!
Iā€™ve been trying different things with good results but not for a considerable amount of time to prove them accurate.

I havenā€™t heard of that strategy, whatā€™s it about? :slight_smile: