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New pattern "harmonic flat"

  • Post #1
  • Quote
  • First Post: Edited Feb 18, 2019 9:51pm Feb 9, 2019 2:24pm | Edited Feb 18, 2019 9:51pm
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

Attached Image (click to enlarge)
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Attached Image


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
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EURGBP
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USDCHF
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SILVER
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Don't believe me just watch!
Here are two more examples in the NASDAQ.
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Click to Enlarge Name: NAS1.jpg Size: 199 KB Click to Enlarge Name: NAS2.jpg Size: 195 KB
Don't believe me just watch!
Cool pattern setup. I'll keep my eyes out for it.
How to determine the entry? i see the picture is using fibo but I'm still confuse how to place it.


Regards,
Tom
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
Attached Image
Quoting tomdachi
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.
Don't believe me just watch!
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.
Attached Image (click to enlarge)
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Don't believe me just watch!
IS this right ?
Do you set a pending order at the 88% of blue fib?

Chris

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Quoting cfudge
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"
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad.jpg Size: 189 KB
Don't believe me just watch!
Quoting cfudge
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
Don't believe me just watch!
I dont understand how you determine "b"

before it happens?

Zig zag is repainting
Quoting hibra68
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.
Don't believe me just watch!
Quoting LCForex
{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!
Quoting zhangshuo
{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!
Attached Image (click to enlarge)
Click to Enlarge Name: exam.jpg Size: 50 KB
Don't believe me just watch!
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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Don't believe me just watch!
DOW JONES
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Don't believe me just watch!
Visa

Did not work for cents!
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Don't believe me just watch!
  • Post #18
  • Quote
  • Edited at 1:58pm Feb 14, 2019 10:57am | Edited at 1:58pm
Possible Harmonic Flat EURUSD 5 min. target 1.1314

I was out trading by phone. I will post the chart when I came back
Don't believe me just watch!
  • Post #19
  • Quote
  • Edited at 8:41pm Feb 14, 2019 1:59pm | Edited at 8:41pm
Quoting LCForex
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
Attached Image (click to enlarge)
Click to Enlarge Name: eu5min.jpg Size: 109 KB
Don't believe me just watch!
  • Post #20
  • Quote
  • Edited at 8:35pm Feb 14, 2019 6:24pm | Edited at 8:35pm
I just found another HFP in the USDNOK

Attached Image (click to enlarge)
Click to Enlarge Name: nok.jpg Size: 164 KB


Changed some parameter more conservative.
Don't believe me just watch!
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