A nice looking Gartley during Asian session. image

You have a potential Gartley if the pattern completes. image

I never said it wasn't a valid Bat. And I also never heard that 38.2 and 88.6 were ideal levels. 38.2 is the minimum requirement and 88.6 is the maximum retracement level. But it all comes down to rules. A setup is more than just a diagram. For me ...

I don't know how Mr Pip trades Bat but as it stands the A-B swing on that setup ends at 38.2 fib level. In my experience A 50% entrancement for A-B swing is a much higher probability for a Bat pattern setup. Plus the B-C swings almost forming a ...

Here is why I shorted. A Gartley setup. image

Wow. I've been short on that one for a while.

Let's put it this way. If this Gartley setups up on a higher timeframe I'd take it without hesitation. Only because there is enough room to manage the trade and get out if you are wrong. You can even close with partial profits. But on a 5min chart ...

You are absolutly right about the Gartley pattern and if you pay attention you'll see the price did react after reaching the confluence zone briefly and then resumed. If you look at within the context of the timeframe though it was still a risky ...

I think order flow is up on that one. I wouldn't have gone short there. The uptrend on 5min retraced to 38.2 level before resuming up. You traded the minor correction after that. Risky in my opinion.

Mr Pip, I was wondering if you consider this a valid aggressive C. I trade mostly longer timeframes. I considered the order flow to be up so I entered near .718 level. image

I discovered this thread earlier this week and caught up with all the posts. I've been trading the Harmonic patterns for a while now and just wanted to say how impressed I am by the effort put in by Mr Pip. There are vendors charging hundreds to ...

Never mind. It is breached now.

USD/CHF Short — Good call. I don't find overlapping Fibs but there could be a Gartley setup around 78.6 level and daily R1 @1.0466 area. The swing low came close to be breached but the price stopped 3 pips short making it a valid Gartley.

Just an update to my earlier post. I ended up not taking this trade which ended up being a wise decision. I was long on Euro based on another system and it didn't make sense to short Aussie based on just overlapping Fibs.

Weekly M1 Pivot level. I mostly look for weekly pivot levels.

There is a setup that I'm watching on Aussie today. There is a confluence of overlapping fibs + W-M1 and broken support around .8280 area. If price manages to move up and get there my stop will be above .8310 area.

I thought it was self explanatory with charts and everything else. It was a short trade. My bias was short. I was looking for a short breakout. I got out at 1.217 fib extension. This could've been a bigger gain but I'm not that greedy. I don't ...

Euro trade — I had a limit order setup for Euro that was filled and closed today. I thought I share it with the group. Hopefully it can be informative. The first line chart shows the channel I was following. I was looking for a close outside ...

My entry level for Euro was 1.4154. I missed getting in by 1 pip. But I will be watching the price action on shorter time frame and get in if I see another sign. Other than overlapping Fibs there is also a Gartley there plus weekly M2.

This might worth a look if price retraces that far. On 1HR price broke out of resistance level. Overlapping fibs around 95.00 level plus weekly pivot.