Who else trades "Gartley" patterns?

Hi Everyone!

I’m a day trader who loves to trade the famous “Gartley” pattern and was wondering if anyone else uses this pattern and its variations? I trade the Gartley, Butterfly, Bat and Crab patterns, mainly on higher time frames.

I don’t want to go into the detail of the “how” and “why” they work, theres tons of information on the web regarding this pattern, but what I can say is… It works!! It really does!! I’ve attached a pattern of a Gartley I took this morning on the loonie pair and its worked out great :slight_smile: My chart looks bare thats because I don’t use any indicators, I trade “naked” so to speak :stuck_out_tongue:

I’d love to hear some feedback regarding this pattern from other traders and peeps with interest :slight_smile:

Take care.


I occassionaly trade these patterns. I use a combination of price action methods, first looking for any of the standard patterns on higher time-frames (gartley patterns in addition to head n’ shoulders, double-tops/bottoms, pennants, etc.), and evaluating whether a significant support/resistance level is being tested, and finally looking for signals from the candlesticks on the daily charts to make my final decision.

I like your chart. I understand your chart. Do you or have you used consistantly used on the shorter time frames? Preference for which pairs?

I’ve tried Gartleys but I can never get a success rate of more than 55% with Gartleys alone…I know that some traders have stated that they can get 70+% win ratio but i’m not sure how that is possible…

I have traded Gartley’s for a few months now and have noticed some good success. I think what effects success rate the most is entry and where you are drawing your patterns from. If you haven’t already strader99, check out TMoneyBag’s thread it has a lot of good info on Gartley’s