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-   -   New pattern "harmonic flat" (https://www.forexfactory.com/showthread.php?t=881309)

LCForex Feb 9, 2019 2:24pm | Post# 1

New pattern "harmonic flat"
 
7 Attachment(s)
Hello!

I made this pattern some years ago I called "The Harmonic Flat". It is a continuation pattern.


It works very simple. The Entry, Stop and Target are clear in the graph with a great R:R

Attachment 3224412

Attachment 3224977

The manage of the trade is also easy:

1. When market breaks 61,8% extension move the Stop to Breakeven!

2. You could take partial profit at 61,8% extension.

3. Let it ride to 100% extension.


This pattern works in any active: Currency, Stocks, Commodities, etc., and also in any timeframe.

If you see something that could be developing an Harmonic Flat, Share it Here! and I can analize the pattern and everyone could make some money,


I leave some examples:

AUDUSD
Attachment 3208914

EURGBP
Attachment 3208916

USDCHF
Attachment 3208919

SILVER
Attachment 3208920
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LCForex Feb 9, 2019 8:30pm | Post# 2

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Here are two more examples in the NASDAQ.
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Pipfu Feb 9, 2019 9:53pm | Post# 3

Cool pattern setup. I'll keep my eyes out for it.

tomdachi Feb 9, 2019 11:42pm | Post# 4

How to determine the entry? i see the picture is using fibo but I'm still confuse how to place it.


Regards,
Tom

cfudge Feb 9, 2019 11:45pm | Post# 5

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Hi
Is this an example, it is from USDCAD daily chart. I do not know where you look to enter...( I got the As backwards)

Chris
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LCForex Feb 9, 2019 11:47pm | Post# 6

How to determine the entry? i see the picture is using fibo but I'm still confuse how to place it. Regards, Tom
Hi Tom!

Use the Fibo the length from "A" to "a" projected from "b".

There you go.

LCForex Feb 9, 2019 11:52pm | Post# 7

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Here are 2 more examples from the CAC40 index.

One did not work, but in the same chart we have revenge. How I said the good thing of this pattern is that you have a tight stop.
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cfudge Feb 10, 2019 12:01am | Post# 8

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IS this right ?
Do you set a pending order at the 88% of blue fib?

Chris

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LCForex Feb 10, 2019 12:09am | Post# 9

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Hi Is this an example, it is from USDCAD daily chart. I do not know where you look to enter...( I got the As backwards) Chris {image}
Hi Chris!

In the CAD case, I do not like the move from "a" to "b" the times that the pattern works better when you see only one clear and fast swing between them and you got 2 there. Maybe the market move well, but I repeat only one clear and fast swing btw "a" and "b"
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LCForex Feb 10, 2019 12:15am | Post# 10

IS this right ? Do you set a pending order at the 88% of blue fib? Chris {image}
The perfect is 100%, but after observe some entries missed I calculated the 88% in case. It comes from 88.6% fib number.

Look: https://www.forexfactory.com/showthr...6#post11983846

hibra68 Feb 10, 2019 11:58pm | Post# 11

I dont understand how you determine "b"

before it happens?

Zig zag is repainting

LCForex Feb 11, 2019 8:34am | Post# 12

I dont understand how you determine "b" before it happens? Zig zag is repainting
"b" just have to break "A", but no too deep. No specific parameter.

zhangshuo Feb 11, 2019 9:20am | Post# 13

{quote} Hi Tom! Use the Fibo the length from "A" to "a" projected from "b". There you go.
Hi, I am still a little confused with how you use fibo here. (did you just plot from 'a to b' for retracement and extension?)Can you illustrate with a chart? Thanks! sorry for the trouble!

LCForex Feb 11, 2019 9:56am | Post# 14

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{quote} Hi, I am still a little confused with how you use fibo here. (did you just plot from 'a to b' for retracement and extension?)Can you illustrate with a chart? Thanks! sorry for the trouble!
Use expansion!
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LCForex Feb 13, 2019 8:05am | Post# 15

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EU 5 min chart Harmonic Flat Pattern!

Just see this 15 min ago...

If you see something similar in any pair, commodity, stock, anywhere, please share!
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LCForex Feb 13, 2019 10:55am | Post# 16

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DOW JONES
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LCForex Feb 13, 2019 11:01am | Post# 17

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Visa

Did not work for cents!
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LCForex Feb 14, 2019 10:57am | Post# 18

Possible Harmonic Flat EURUSD 5 min. target 1.1314

I was out trading by phone. I will post the chart when I came back

LCForex Feb 14, 2019 1:59pm | Post# 19

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Possible Harmonic Flat EURUSD 5 min. target 1.1314 I was out trading by phone. I will post the chart when I came back
This is the HFP I posted as soon as possible. 10 pips to target now!

We broke 0.618, took profits, stop at BE target 1.1309
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LCForex Feb 14, 2019 6:24pm | Post# 20

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I just found another HFP in the USDNOK

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Changed some parameter more conservative.

LCForex Feb 14, 2019 8:39pm | Post# 21

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I got new one in the USDZAR. A daily one!
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LCForex Feb 15, 2019 7:25am | Post# 22

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I just found another HFP in the USDNOK {image} Changed some parameter more conservative.
Target hit it!

Bad luck I did not see the pair earlier I put a Buy limit, but never pullback.

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LCForex Feb 15, 2019 7:33am | Post# 23

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EU did not hit the target. Half profits at 0.618 stopped out at BE.

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I can show you how in other platform hit the target, but does not matter!

LCForex Feb 15, 2019 2:25pm | Post# 24

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Nice reaction from the USDNOK Target and down.
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LCForex Feb 15, 2019 2:34pm | Post# 25

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New Opportunity! HFP at EURGBP for monday. I leave the buy limit. Hope small down
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LCForex Feb 16, 2019 11:38am | Post# 26

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Here is the HFP at the DXY.

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The problem with this HFP is it works less accurancy when it appears after a long move as you see the line in blue. Better works in a beginnig of a turn.

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LCForex Feb 16, 2019 11:40am | Post# 27

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Also EURUSD has the same, but be careful as I said in the last post.
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Ovenz Feb 16, 2019 2:02pm | Post# 28

Please how do I get the harmonic flat @ LCFOREX

LCForex Feb 17, 2019 1:19pm | Post# 29

Please how do I get the harmonic flat @ LCFOREX
Hey! do not get it. In case there is not EA for that

fontu Feb 17, 2019 2:22pm | Post# 30

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Congratulations LCForex for your new pattern and thread! Hope the continuation pattern work well. May be gbpusd h4/daily/weekly have this presently. Lets see.
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LCForex Feb 17, 2019 8:04pm | Post# 31

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New Opportunity! HFP at EURGBP for monday. I leave the buy limit. Hope small down {image}
In at the EURGBP. that is the most conservative target (R:R - more then 1:3), could be much more to the upside.
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LCForex Feb 17, 2019 8:49pm | Post# 32

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Congratulations LCForex for your new pattern and thread! Hope the continuation pattern work well. May be gbpusd h4/daily/weekly have this presently. Lets see. {image}
Hey Fontu! Thank you very much. I just clean dust of my old computer and rescue the pattern. I am going to adjust a little more to avoid interpretations.

About the pound, looks really good in structure, but I do not like because I prefer near to a top or bottom to trade with more security. The worst thing is the ENTRY, it must be almost perfect and in this case break too high for me.

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If pound breaks 1.24 i am going to ask for the nobel prize!

footimy Feb 17, 2019 10:21pm | Post# 33

thanks for ur sharing.

LCForex Feb 17, 2019 10:46pm | Post# 34

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Also EURUSD has the same, but be careful as I said in the last post. {image}
I in EURUSD. Be cool as explained before.

I will be conservative. I will close half at ,618 and the remaining at ,88

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RR (1:2) and (1:3.2)

footimy Feb 17, 2019 10:50pm | Post# 35

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I would wait for a while before shorting
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LCForex Feb 17, 2019 10:57pm | Post# 36

I would wait for a while before shorting {image}
Good! Everything will be fine! At least to reach 0,618

footimy Feb 17, 2019 11:04pm | Post# 37

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Spotted another one. I think this one is a beautiful setup
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fontu Feb 17, 2019 11:20pm | Post# 38

{quote} Hey Fontu! Thank you very much. I just clean dust of my old computer and rescue the pattern. I am going to adjust a little more to avoid interpretations. About the pound, looks really good in structure, but I do not like because I prefer near to a top or bottom to trade with more security. The worst thing is the ENTRY, it must be almost perfect and in this case break too high for me. {image} If pound breaks 1.24 i am going to ask for the nobel prize! ...
Ok take your time to settle all about the pattern back. Actualy i am waiting for big bear back in gbpusd, below 2400.eu and gu got my expected lows back but still not doing the bull yet as likely tank further with gu. Anyway good way to see the market. Carry on.

LCForex Feb 17, 2019 11:22pm | Post# 39

Spotted another one. I think this one is a beautiful setup {image}
Good! do not like as perfect, so do not think that is going to break 1.2770, please be conservative in these trades.

Edit:

These are the perfect ones: https://www.forexfactory.com/showthr...9#post11983749

Ovenz Feb 18, 2019 1:20am | Post# 40

{quote} Hey! do not get it. In case there is not EA for that
Isn't the harmonic flat an indicator?


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