In fact, if you look At Peters post number 4 you will easily recognize 2 wolfe wave short entries as well as his explanations....
3
Ratios & Market Harmony: Trading Market Strength 103 replies
Harmony Five 8 replies
Master Mind Alliance (Spirit harmony) 0 replies
Close Price VS Median Price (or other price types) 33 replies
Disliked{quote} Everything that happens in your world is created by your thoughts, words, and deeds. That is why, you summoned them. PIgnored
DislikedMarci, you may want to do some research on one of the oldest (and still works brilliantly) patterns that are so often overlooked by traders today because it seems too simple and too unsophisticated to be as accurate as it is....works best on higher time frames like daily and 4 hour...originally designed to trade the S and P 500 futures market but soon recognized how well they work in forex. They are called Wolfe Waves by the author Bill Wolfe....they are also known as the 3 pillars, 3 crows and other names....I'm sure there is a pattern from Harmonics...Ignored
DislikedIn fact, if you look At Peters post number 4 you will easily recognize 2 wolfe wave short entries as well as his explanations....Ignored
Dislikedthank you marcieny, for the photos of the harmonic patterns, because I am faithful to them Gracias, Marcieny, por las fotos de los patrones armónicos, porque les soy fiel.Ignored
Dislikedcongrats on your thread and wish you success Only advise I can give patterns should be in context of fundamentals.Follow news events and slowly read what moves what. CNTrader calls it "watching the behavior" For Example USD now is taking punches and even if patterns says "buy" I wont. Why? Too many factors against it. To sum up trading is like seating on chair you need all legs to be there to support you. CheersIgnored
DislikedI combine waves, patterns and pivot. i pay attention to the news because waves also moves on fundamentals. i think this tread will broaden my knowledge thanks regards EMMKWADIgnored
DislikedNow Marci...if you like the Wolfe Wave patterns I posted earlier, what would add to your confidence to take a position at number 5? Well, Davit said it all, add your Weekly Pivots onto the chart and you have a very strong indication of a reversal to begin....and in the days and weeks after another important indication of direction repeated itself over and over.....well, here is the chart... {image}Ignored
DislikedHey there! I am using quite simple methods but will keep an eye on. It doesnt hurt expanding knowledge on the market, keep up the great job.Ignored
DislikedNow Marci...if you like the Wolfe Wave patterns I posted earlier, what would add to your confidence to take a position at number 5? Well, Davit said it all, add your Weekly Pivots onto the chart and you have a very strong indication of a reversal to begin....and in the days and weeks after another important indication of direction repeated itself over and over.....well, here is the chart... {image}Ignored