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New pattern "harmonic flat"

  • #61
  • Edited 10:04am Feb 19, 2019 8:29am | Edited 10:04am
Quoting LCForex
{quote} EU how does the trade go? With B more higher the target changed. I sold again and that trade already has the stop at BE. As a said yesterday I will be conservative with this trade. So I will take profits at 61.8 Expantion and then move the stop to BE. Also the TP at minimum target. {image}
EU update!

I took profits at FE 50.0. Did not reach 61.8 and move the Stops to BE. It had already took the 0.618.

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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first entry stopped out a BE

Attached Image (click to enlarge)
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Edit. second entry stopped out at BE
Attached Image (click to enlarge)
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As you from the begining the pattern was fine but was too far from a beginning of a turn as explained. But we made some money
Don't believe me just watch!
  • #62
  • Feb 19, 2019 9:36pm Feb 19, 2019 9:36pm
Quoting LCForex
{quote} Hey Jack! You use fine the Fibs and you got entry, target and stop, but the structure is incorrect. {image}
Hai LC,

I took the trade anyway, testing it out.. plus I have been watching this pair in relation with DXY movement.
Price has reached minimum target and I am still holding it to see if it will reach target zone.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 58 KB


I took multiple entries, and I made these trades in different broker than what I use in the chart above (hence the trades are not reflected in the chart).
Profit shown is in points.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 15 KB


Do you think perhaps we can allow slight variations to the pattern? I mean because patterns are not always form in the exact manner as what the theory suggests, but as long as it is still within the same principles, could we accept them? Your kind view, please. Thanks.

Cheers.
  • #63
  • Feb 20, 2019 8:02am Feb 20, 2019 8:02am
Quoting citizenjack
{quote} Hai LC, I took the trade anyway, testing it out.. plus I have been watching this pair in relation with DXY movement. Price has reached minimum target and I am still holding it to see if it will reach target zone. {image} I took multiple entries, and I made these trades in different broker than what I use in the chart above (hence the trades are not reflected in the chart). Profit shown is in points. {image} Do you think perhaps we can allow slight variations to the pattern? I mean because patterns are not always form in the exact manner...
Hey Jack!

That is not the pattern, if you find out HFP9 of 10 works, but it must be perfect.

You found out a Elliott struture.

The yellow structure is Elliiott zigzag, that structure has two results I market as a red and blue.

Attached Image (click to enlarge)
Click to Enlarge Name: au.jpg Size: 50 KB


Cheers!
Don't believe me just watch!
  • #64
  • Feb 20, 2019 8:20am Feb 20, 2019 8:20am
Quoting LCForex
{quote} Hey Jack! That is not the pattern, if you find out HFP9 of 10 works, but it must be perfect. You found out a Elliott struture. The yellow structure is Elliiott zigzag, that structure has two results I market as a red and blue. {image} Cheers!
Cool, thanks LC! Then I'd be monitoring your upcoming posts here trying to learn how to spot the perfect HFP.
Again, thanks for sharing the pattern.

Cheers.
  • #65
  • Feb 20, 2019 11:24pm Feb 20, 2019 11:24pm
I am going to trade this at the USDNOK
Attached Image (click to enlarge)
Click to Enlarge Name: nok.jpg Size: 161 KB
Don't believe me just watch!
  • #66
  • Edited Feb 21, 2019 12:28am Feb 20, 2019 11:34pm | Edited Feb 21, 2019 12:28am
Quoting LCForex
I am going to trade this at the USDNOK {image}
Missed!!!
Attached Image (click to enlarge)
Click to Enlarge Name: nok.jpg Size: 157 KB
Don't believe me just watch!
  • #67
  • Feb 27, 2019 7:40am Feb 27, 2019 7:40am
We got the pattern in the nok again.
Attached Image (click to enlarge)
Click to Enlarge Name: nok.jpg Size: 93 KB
Don't believe me just watch!
  • #68
  • May 5, 2019 11:41pm May 5, 2019 11:41pm
Quoting LCForex
We got the pattern in the nok again. {image}
Since I'm not an expert in patterns for me it looks like Elliott waves. Is there a big difference between harmonic flat patterns and Elliot waves?
  • #69
  • May 6, 2019 7:54am May 6, 2019 7:54am
Is there an indicator for this pattern?
THX
  • #70
  • May 6, 2019 8:12am May 6, 2019 8:12am
Quoting Hutch
{quote} Since I'm not an expert in patterns for me it looks like Elliott waves. Is there a big difference between harmonic flat patterns and Elliot waves?
Not at all! In fact, all the patterns around there are based on EW
Don't believe me just watch!
  • #71
  • May 6, 2019 8:14am May 6, 2019 8:14am
Quoting moonman
Is there an indicator for this pattern? THX
No indicator just follow the rules. No pattern identified in weeks..
Don't believe me just watch!
  • #72
  • May 13, 2019 7:12am May 13, 2019 7:12am
warning repaint !
Attached File(s)
File Type: ex4 Harmonic Pattern Scanner.ex4   222 KB | 280 downloads
  • #73
  • May 13, 2019 8:32am May 13, 2019 8:32am
hi sir,
I tried it on my phone, is this good ?
spotted on gbpusd h1 (may 9 - 13)

just lemme know if this is good.

maybe img too small, taken from my phone.

edit : changed FE explanation with %$ for watching price level (and) since your rules said 0.886 - 100% FE are entry and target point.
entry and target in blue box in chart.
- i was confuse at first (about pulling these FE)
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20190513-202805.png Size: 82 KB
Beyond The Gray Sky
  • #74
  • May 13, 2019 9:11am May 13, 2019 9:11am
Quoting potatoes
hi sir, I tried it on my phone, is this good ? spotted on gbpusd h1 (may 9 - 13) just lemme know if this is good. maybe img too small, taken from my phone. edit : changed FE explanation with %$ for watching price level (and) since your rules said 0.886 - 100% FE are entry and target point. entry and target in blue box in chart. - i was confuse at first (about pulling these FE) {image}
another try with eu (same date taken). look like I need a good coffee to study this one.

img zoom out.
ps : I need a time just to figure out which starting point to take (ex: which point X-A-a) or maybe I'm thinking too much.
Attached Image (click to enlarge)
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Beyond The Gray Sky
  • #75
  • May 13, 2019 9:39am May 13, 2019 9:39am
Quoting potatoes
{quote} another try with eu (same date taken). look like I need a good coffee to study this one. img zoom out. ps : I need a time just to figure out which starting point to take (ex: which point X-A-a) or maybe I'm thinking too much. {image}
testing possibilities with eu (again)
unfinishes pattern (B), we dont know how to count B point, so i just use the rule to count (a) from X-A= 38.2% fib. found that near entry point counted from FE.

entry point near B (unconfirmed pattern)
1.12220 - 1.12280

min target (as seen in chart)
around 1.12668

target point (from FE X-A-B)
1.12876 - 1.12964

#i'm_learning
#don't_laugh
Attached Image (click to enlarge)
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Beyond The Gray Sky
  • #76
  • May 13, 2019 10:01am May 13, 2019 10:01am
Quoting potatoes
{quote} testing possibilities with eu (again) unfinishes pattern (B), we dont know how to count B point, so i just use the rule to count (a) from X-A= 38.2% fib. found that near entry point counted from FE. entry point near B (unconfirmed pattern) 1.12220 - 1.12280 min target (as seen in chart) around 1.12668 target point (from FE X-A-B) 1.12876 - 1.12964 #i'm_learning #don't_laugh {image}
last post before enjoy my coffee.
found untouched (B) where thats our entry point.
I don't know why I found so much example to study, here you go :

uchf h1, may 9 -13. FE in chart for make sure.
Attached Image (click to enlarge)
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Beyond The Gray Sky
  • #77
  • Edited 1:37pm May 13, 2019 1:23pm | Edited 1:37pm
still playing around, just in case~
XAUUSD, D1(draw at 4H, but daily seem better)

I'll leave it here, so op can fix which one thats wrong.

edit : price stopped at FE 0.764 (pulled from A-a-b) since this one posted, I was curious because this happen at eu upper there at the moment. gonna watch it.
Attached Image (click to enlarge)
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Beyond The Gray Sky
  • #78
  • May 13, 2019 4:05pm May 13, 2019 4:05pm
Quoting potatoes
{quote} testing possibilities with eu (again) unfinishes pattern (B), we dont know how to count B point, so i just use the rule to count (a) from X-A= 38.2% fib. found that near entry point counted from FE. entry point near B (unconfirmed pattern) 1.12220 - 1.12280 min target (as seen in chart) around 1.12668 target point (from FE X-A-B) 1.12876 - 1.12964 #i'm_learning #don't_laugh {image}
update for this one,
hope it's a confirmed pattern, otherwise, it'll kiss my stop.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20190514-040151.png Size: 82 KB
Beyond The Gray Sky
  • #79
  • Edited 8:54pm May 13, 2019 8:42pm | Edited 8:54pm
Quoting moonman
warning repaint ! {file}
What is this?

This pattern I developed years ago. No Indicator exist.
Don't believe me just watch!
  • #80
  • May 13, 2019 8:52pm May 13, 2019 8:52pm
Quoting potatoes
{quote} update for this one, hope it's a confirmed pattern, otherwise, it'll kiss my stop. {image}
Hey! I just look your charts, all day out!.

Use this chart, It is the best as example!
Attached Image (click to enlarge)
Click to Enlarge Name: NAS2.jpg Size: 195 KB
Don't believe me just watch!
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