Eur/USD Targets Hit — Both targets were hit in Eur/USD 1HR Chart from yesterday.

Harmonic Trading

Yes you are right, BUT, I consider the time frames. I am trading a 4 hour time frame for CHF and the eur pattern is on a 1hr chart. There is a lot more wiggle room on the 4hr, I would not enter chf and eur on the same time frame. Your thinking is ...

Harmonic Trading

EUR/USD Gartley Buy — Here is Bullish Gartley pattern I entered. Stop is below X as you can see.

Harmonic Trading

As you can see, there is a red dotted line right below the .786 retrace of the X to A leg. That is where I have placed my stop. These patterns are very subjective,they are not mechanical in nature meaning that they don't have very specific entry and ...

Harmonic Trading

USD/CHF Gartley Buy — Here is a 4hr chart of usd/chf. I entered at the 1.618/.618, as you can see T1 and T2 are shown. GL trading.

Harmonic Trading

Thanks for the question. The .707, .886/ 1.272 are not any more important than let's say a .50 or .618 or .786, what is important is the ration confluence, which is the point where the fib ratios meet. If you notice the deeper the retracement, the ...

Harmonic Trading

Usd/jpy Bull Gartley Update — Target 1 has been obtained. Stop moved and will trail to T2.

Harmonic Trading

GBP/USD 3m Bearish Gartlley — Here is a 3 minute chart of pound/dollar with a trade that I took this morning. These patterns work on any time frame and any market. My stop was above the high at X and I entered at D completion. I noted on chart ...

Harmonic Trading

Usd/jpy Bullish Gartley Buy 2hr — Here is a nice pattern I entered this morning. As you can see D completed at a nice area of support which held a few times previous. We also had a nice reversal candle. Gotta jump on these.

Harmonic Trading

After I had posted that last message, I went and downloaded MT4 from Moneyrain FX, they are supposed to have an unlimited demo account so I signed up and installed the pivot point mq4 that you had in the zip file. I am having a little trouble with ...

Harmonic Trading

johntsai, Thanks for pointing the added entry criteria. I usually use pivot points and am in the process of finding out exactly how they work on my platform. I use GFT and they sent me a pivot point indicator that was done but still trying to figure ...

Harmonic Trading

Low-Risk GBP sell — Here is a low-risk short entrance on the GBP/USD. As you can see, C is also psychological resistance at 2.000, I entered short at 1.9985 and my target would be the potential D completion at the 1.272/.707 which would also ...

Harmonic Trading

Eur/USD Bearish Gartley — EUR/USD hourly Bearish Gartley Pattern Short Eur/USD 1.3420 Stop at 1.3442 T1 at 1.3406 T2 at 1.3360 As you can see, I do this all by hand and use no indicators. I find that the ration confluence it what is important. ...

Harmonic Trading