- Search Forex Factory
- 586 Results (1 Thread , 585 Replies )
- ChinaWombat replied Jul 14, 2011
went a little further than 1.46, so maybe it's a crab?, bc 2.62 and 1.62XA, plus larger AB=CD completes there as well
trading forex using Gartley Patterns
- ChinaWombat replied Jul 10, 2011
i prefer the b/fly as well, which is how i came across Jim Kanes pattern... he makes a good case that .707/1.41 aren't actually fibo derived numbers, just sq root of 2 and its reciprocal, and does a math proof that .685/ 1.46 are the more fibo ...
trading forex using Gartley Patterns
- ChinaWombat replied Jul 7, 2011
Jim Kane introduced the .886XA to Scott Carney so became the foundation to the BAT pattern. He basically describes a pattern which I call the "missing link" between the Butterfly and the Crab with the main components b=.685/XA=1.46. I'm crap at ...
trading forex using Gartley Patterns
- ChinaWombat replied Jul 3, 2011
hope i'm wrong, but could be looking at a bearish Kane set-up B=.685, and tgt 1.46XA, with a 2.0abcd, now that X looks like it has broken, good luck
trading forex using Gartley Patterns
- ChinaWombat replied Jul 3, 2011
when your B point only reaches 50%, you should start to think of the probability that it may be potential BAT set-up. The failure of the AB=CD pattern (which was valid in it's own right as trade) indicates that we should be looking for .886XA as ...
trading forex using Gartley Patterns
- ChinaWombat replied Jun 30, 2011
yup, will be watching 1.2105 prz like a hawk...
trading forex using Gartley Patterns
- ChinaWombat replied Jun 29, 2011
no tips (try the euro thread for that) but these are the various harmonic points that i'm watching at the moment in relation to the trend garltey crimson is 1.27abcd @ 786 other crimson are ab=cd's which are also tradeable for the right set-up the ...
trading forex using Gartley Patterns
- ChinaWombat replied Jun 29, 2011
euyn be Bat — didn't get any sell signal on the 60m set-up, so let's see if the 4H can provide an opportunity 1.62abcd @ .886... note daily dynamic resistance (falling blue line)
trading forex using Gartley Patterns
- ChinaWombat replied Jun 28, 2011
it means Asia tonight, maybe tonight, maybe tomorrow, whatever the time is required to rally the 70 odd points from where it is now... i don't even bother trading asia as it's not a money centre not sure where in asia you are, but only 1.40pm ...
trading forex using Gartley Patterns
- ChinaWombat replied Jun 28, 2011
EY bear gartley 60m — with the trend, ab=cd @ .786 , maybe we get bounce from declining support line into prz later tonight, 4h dynamic resistance provides some protection for X
trading forex using Gartley Patterns
- ChinaWombat replied Jun 27, 2011
both kor and zup are very good.... and as their algo's are calculated a little differently you can see a variety of patterns appear on a chart which may be supportive or contradictory i tend to prefer Kor as it has some nice little extra features ...
trading forex using Gartley Patterns
- ChinaWombat replied Jun 26, 2011
the indicator should only be ever used as a guide to the pattern set-up. you should draw the pattern manually, and put in the fibs that you require and then establish what your PRZ is, and then what your entry signal is, and where to place your stop ...
trading forex using Gartley Patterns
- ChinaWombat replied May 12, 2011
please don't use 5m charts....it will just do your head in...15 min will keep you a little more sane...no signs of strength so far
vsa with Malcolm
- ChinaWombat replied May 9, 2011
sleepy... sq eu for 35 pips, ey at be....start again tomorrow..
Trading VSA the way NSK does
- ChinaWombat replied May 9, 2011
happy to drop by, especially now the previous distraction has submerged my trading preferences are generally for harmonic patterns but as you know they take a while to form so i may pop in here from time to time... and your theme sort of runs ...
Trading VSA the way NSK does
- ChinaWombat replied May 9, 2011
eu&ey — long eu & ey they were profitable on the way down, so maybe they can bounce a little for some pips nope, stopped on both..
Trading VSA the way NSK does
- ChinaWombat replied May 9, 2011
thks, dropped the s/l to 40.... the low vol up bar doesn't look supportive but the hi vol hammer 2 bars ago could be a worry if we don't close down... probably looking for small buy in the next hour or so if we edge lower
Trading VSA the way NSK does
- ChinaWombat replied May 9, 2011
gu update — sq 1/2 @ 1.6355 and balance at b/e+1. Stretch target for the balance is 1.6285 which is an ab=cd projection
Trading VSA the way NSK does