Hello everyone im new to this forum and i have been trading forex for the last 3 weeks on the demo account. i would just like to know how effective are gartley patterns on forex. I have been told they work brilliantly with 1 hour and 4 hour charts, and they give low risk entry signals ?
Yes they do work, however trading Gartley formations on its own is risky just like trading any other pattern. Its best to analyze a time frame higher for a particular bias then trade gartleys(or any other pattern) on lower time frames in that direction. These patterns are always forming on charts but I don’t think they shouldn’t be automatic entries.
Have a look at this thread
http://forums.babypips.com/forextown/21934-30-pips-day-keeps-your-money-bay.html
Some interesting stuff done based on Gartley patterns.
Well if it makes a mountain of cash outta my little molehill, then it works for me…:p:D
I heard that its about 80% accurate is this true ?
80% accurate! the words pigs and flying spring to mind!
I like Gartley Paterns, they are very pretty, and seem to give real meaning to the patterns on the chart, however for the purpose of trading, my view is that they are just another indicator.
I think they work quite well 
My problem is drawing all the fibs and my chart getting all cluttered up…lol…and the fact that there does seem to be certain times for them to complete more favourably than at other times, which of course didn’t match my time. The best thread on them which is being actively traded right now is on the 30 pips a day keeps your money at bay thread.
For me now, I’m focusing on the thread started by InnerCircleTrader. I have an indicator to draw the gartleys for me, but since they are one of many chart patterns, I’m now using them to aid in confirmation of that method when they show up, rather than just trading them by themselves.
If I remember right, I think I used to miss the first two patterns and trade the third, it made a heck of a difference.
I’m sorry I can’t remember which of the patterns, do they sort of follow one another do they?
All I remember is doing that, and it cut out a lot of losses.
A limit order with a stop above the convergence 618 and 1618 would be a safe way to enter this gartley.
I suggest that you learn the basics of trading offered by this site until they are as familiar to you as the back of your hand (3-6 months dedicated studying trading demo/micro account). After this You can move on to learn how to trade Gartley and Butterfly patterns on the forum within the thread 30 pips a day…. Their you will find references to the books required to trade them appropriately along with real hands on experience in trading them. Good Luck and when you reach the point where you want to give up, keep going… this is a sign that you are “nearing the finish line”… (we all go through this, trust me 
its a difficult yet fruitful journey at the end of the road).