I think it's time to short the crude oil......

Oil and Natural Gas

Yesterday I saw this pattern on the 1 minute chart: image Do you think the market was trying to tell me something ???

USD/CAD

Working on the method. Yesterday I've found three Crabs that worked with 1.414 ratio. I saw also other patterns with 0.707 and 1.13 ratios, they made a good job. Also 3.14 (Pi) is nice. It was not easy to find patterns with 1.27 or 1.618 ratios. ...

Mr. Scott's Crayon Thread

No, about Harmonic Pattern, at moment I didn't find any strong pattern. But I have an idea: image I think 1.5522 is a key level. I'm not sure if the h4 candle will work. If not, tomorrow we will have a bearish one on the daily.

All Majors and Gold

Sorry, i mean on H4, if correct (I'm not sure). I'm also expecting 1.5522 target. That could be a nice daily candle. Tomorrow maybe...

All Majors and Gold

If you can have a look about GBPUSD, I have the same idea also there...

All Majors and Gold

Congratulation, it's a very nice combination of possible patterns. The small Bat, the blue one, has a high probability of success. I'm also expecting a bullish trend on USDCAD, that's a good signal. About the possible big Bat (the yellow one) and ...

Mr. Scott's Crayon Thread

1.5522

Cable Update (GBPUSD)

I've found three different targets for the reverse... Every broker has different numbers, and the spikes make the calculation difficult 1.28465 1.28248 1.28234 Anyway, i'm sure it will be not precise, but the area is around there... The last two ...

USD/CAD

We will see the white one again?? image

Cable Update (GBPUSD)

Pending order executed on JU Look at the Gold

Mr. Scott's Crayon Thread

I bought the USD on many pairs because I expect USDIndex becomes bullish. I do not know if there's room to reach the completion point of the Bat on USDJPY. Also this time it seems that the 0,786 level of XA is very strong in the Bat, it often ...

Mr. Scott's Crayon Thread

Thanks..it's working at moment. On GU I didn't see patterns. I've got nice entry on NZDUSD and EURUSD using Elliott patterns, I didn't find Harmonic patterns..... On JPYUSD the Bat looks so good url

Mr. Scott's Crayon Thread

USD news in a few... :nerd: image

Mr. Scott's Crayon Thread

image

Mr. Scott's Crayon Thread

Thanks Davit, you are right when you say "its not necessary to know patterns exactly". The target is to find the best area where to see a change of trend, also a few pips. Usually the patterns are good because with them you see an area where you can ...

Mr. Scott's Crayon Thread

Analyzing my mistakes today, probably I didn't properly apply the theory described in the books ("The Harmonic Trader" and "Harmonic Trading Vol.1"). I'm still a "newbie" with this method (I started to study it just a couple of months), and I still ...

Mr. Scott's Crayon Thread

Also this one didn't work... image And the Gartley on AUDCAD daily chart is on the wrong way at the moment (still possible a Crab) image

Mr. Scott's Crayon Thread

Well done!

Mr. Scott's Crayon Thread