I think I may have an explanation for the bizarre price action, not only today but last week as well. We are currently sitting squarely a major upper trend line for the weekly TF Actually it looks to have at least pierced it for now. Until price ...

The Student Handbook

No worries I got it. Keep in mind though that a Gartley is either a variation of, or a failed ABCD. While it paints you can still measure it's legs, whether it paints ABCD or Butterfly, the underlying premise is still ABCD and should be treated or ...

The Student Handbook

You are right there is! I actually used to measure A to B myself, but after reading the Gartley definition I just made it a habit to measure B to C! No worries - just think it's important we stay on the same sheet of music!

The Student Handbook

Glad to hear - but do not take my lead for not setting a stop loss on your trades. Stop loss is your responsibility! Whatever the signal candle is, if you are buying your stop loss should be at the low of the signal candle minus 3 pips (for EU). ...

The Student Handbook

No sir using ZUP indicator

The Student Handbook

Mr Pip - drawing extension of A to B is great, but please post an example. I ALWAYS draw from B to C - ALWAYS have and it is pretty damn accurate with your target area. Read the Gartley info I posted - I'll attach it here refer to page 3 Taken from ...

The Student Handbook

Closed hourly short trade and took profit based off the 5M and the 200

The Student Handbook

Barry - apologize for missing this, but you absolutley should be drawing your Fib from B to C. This gives you your potential target area. Does this clarify?

The Student Handbook

Folks I apologize - I set this sell stop when i got downstairs. Off the divergent candle from the 1H chart. It was purely speculative as today price is tricky. Wanted to share the premise with you though. Currently locked at BE again

The Student Handbook

Gonna go take a nap. Be back later to check on the 4H 2 trades today +5.01 pips - love Monday's

The Student Handbook

ECB released some economic data or speculation of Spain Bailout??

The Student Handbook

From the 5M - bizarre

The Student Handbook

Any idea what is driving this price action? There hasn't been any news releases for 3 hours??

The Student Handbook

Finally - the break out. Bulls in charge!

The Student Handbook

Only EU nothing else. I get my sleep - trust me on that one!

The Student Handbook

Bary - I'm gonna make you a moderator my man! I'm loving what your laying down

The Student Handbook

Anyone please feel free to correct me on this one, but I believe what I have just drawn on the attached 1H chart is known as a "Bull Trap". Notice the nice up channel, then after the large up spike which started this sideways movement? price is no ...

The Student Handbook

This is foolish. Does anyone see anything wrong with these charts? Until price quits it's bitching and moaning and comes out of these sideways channels, it is safe to say close any open trades on the EU (if surmised from anything other than the 4H) ...

The Student Handbook

Set sell stop based off 4H. Premise: 1. Divergence between the AO and price (Yet again) 2. RSI above 60 (was turning down) 3. this high represents the completion of an ABCD pattern (ugly as hell, but it it there nonetheless) 4. Bearish divergent ...

The Student Handbook

Quote from Bill Williams "New Trading Dimensions": "Dancing with the Market is moving with the flow of the market - up, down, or sideways - with a feeling of trust, gratitude and yes, even love."

The Student Handbook