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  • #496,441
  • Jul 21, 2011 1:17pm Jul 21, 2011 1:17pm
a very interesting gartley combo pattern.


Attached Image (click to enlarge)
Click to Enlarge Name: 3.gif Size: 14 KB


the major pattern is suggesting up,which could be a BIG NO GO for bears if that's what's gonna happen in the next couple of weeks(maybe days? just as crazy as today?), while the minor one is showing a possible short entry. on the same page?
  • #496,442
  • Jul 21, 2011 1:18pm Jul 21, 2011 1:18pm
Quoting redbeben
normally the lower TFS repaint a lot and that red box will shift with the price so never use that box as a SL indicator trust me

but in this case my system tells me the same thing....still have no idea where that bat/butterfly leads as TP on a short....I have my own TP on that and I noticed that gartleys usually go to 1/2 of the wing but it is no rule in that


p.s-do not use it solo
alright
Hero calls followed by margin calls...
  • #496,443
  • Jul 21, 2011 1:19pm Jul 21, 2011 1:19pm
Do we have any looney traders in here? Just a quick visual backtest, it appears, gives me about 2-3 total candles in a row. It most certainly can be a better filler then ninja though. hmm.
  • #496,444
  • Jul 21, 2011 1:20pm Jul 21, 2011 1:20pm
Quoting Venice
lol...

I still have yet to have a big trade on euro for over a week.

I opted for the cable buy due to euro being set a little more in supply (on the 19th). Cable's being a bit of a fat ass at the moment. lol
It could do a retrace just for fun, but I'm leaving my longs alone for now. No sign of bears yet.
  • #496,445
  • Jul 21, 2011 1:20pm Jul 21, 2011 1:20pm
http://www.forexfactory.com/attachme...1&d=1282841996
  • #496,446
  • Jul 21, 2011 1:22pm Jul 21, 2011 1:22pm
Quoting attila
It could do a retrace just for fun, but I'm leaving my longs alone for now. No sign of bears yet.
yep, seeing the same. So far have cleared the minor supply on the daily as well. A close at or above the current range should get us to July's current high.
  • #496,447
  • Jul 21, 2011 1:23pm Jul 21, 2011 1:23pm
Quoting Jack.e
a very interesting gartley combo pattern.


Attachment

the major pattern is suggesting up,which could be a BIG NO GO for bears if that's what's gonna happen in the next couple of weeks(maybe days? just as crazy as today?), while the minor one is showing a possible short entry. on the same page?
Yes, i got that bullish gartley on the D1 chart as well , and a bearish gartley on H1, confused as hell now , but i guess more weight on the higher tf right ? ..
You gotta know when to hold 'em, know when to fold 'em ...
  • #496,448
  • Jul 21, 2011 1:31pm Jul 21, 2011 1:31pm
nice bull triangle formed at m5
  • #496,449
  • Jul 21, 2011 1:31pm Jul 21, 2011 1:31pm
b
Quoting nitrate73
Hi Gator / Wulfgar , do you guys think this H1 gartley is worth paying attention to ? Thanks in advance.
yes... im biased to 4404 as a st top.. *4399/4402.7) or at least a st slap down. lower mofu at 4399 m 4415.7 um 4431.5.. fib at 4402.7
those who can, do. those who cant, talk about those who can
  • #496,450
  • Jul 21, 2011 1:33pm Jul 21, 2011 1:33pm
For all you indicator freaks.... I feel like being nice today. You are looking at the daily chart. See those things at the bottom? They point up, and they just turned. The current move will not end until those things are topped. You should not treat them as entry/exit signals, but more like "Are we there yet?"

Inserted Video




Attached Image (click to enlarge)
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  • #496,451
  • Jul 21, 2011 1:36pm Jul 21, 2011 1:36pm
Nice flag forming on Eur...dont know which side it will burst.
Trade responsiblypatience is the key/Swing trader
  • #496,452
  • Jul 21, 2011 1:38pm Jul 21, 2011 1:38pm
Quoting attila
For all you indicator freaks.... I feel like being nice today. You are looking at the daily chart. See those things at the bottom? They point up, and they just turned. The current move will not end until those things are topped. You should not treat them as entry/exit signals, but more like "Are we there yet?"

http://www.youtube.com/watch?v=tpgM9XWS-90



Attachment
there's also a big ass falling tl on the daily, previously breached admittedly, but so far rejected by today's bar...

for what it's worth i fancy a mini shakeout (possibly just a spike) to the south in pre market and then asia to post new highs, but that is just based on historic pa in this type of consolidation, following a hard rally. but let's see...
  • #496,453
  • Jul 21, 2011 1:40pm Jul 21, 2011 1:40pm
Quoting Incrediblle
Nice flag forming on Eur...dont know which side it will burst.
jusy a guess but i think fake south and then another leg higher, re. my previous post...

europe appears to have pretty much managed to kick the can a bit further down the road...
  • #496,454
  • Jul 21, 2011 1:41pm Jul 21, 2011 1:41pm
Quoting FibbinArchie
there's also a big ass falling tl on the daily, previously breached admittedly, but so far rejected by today's bar...

for what it's worth i fancy a mini shakeout (possibly just a spike) to the south in pre market and then asia to post new highs, but that is just based on historic pa in this type of consolidation, following a hard rally. but let's see...
maybe Fibbin, but up we go for now... no idea where that TL is. LOL.
  • #496,455
  • Jul 21, 2011 1:42pm Jul 21, 2011 1:42pm
Quoting attila
maybe Fibbin, but up we go for now... no idea where that TL is. LOL.
yep, short term i'm in agreement, but could be wrong..
  • #496,456
  • Jul 21, 2011 1:48pm Jul 21, 2011 1:48pm
Quoting attila
maybe Fibbin, but up we go for now... no idea where that TL is. LOL.
no comments about the use of pink, it was just a spare colour that stands out..
Attached Image (click to enlarge)
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  • #496,457
  • Jul 21, 2011 1:51pm Jul 21, 2011 1:51pm
Short untill we break 1.4433....the level that needs to be broken on my charts to support a daily break of this down trend,... DONT GO AGAINST THE BULLY,...its bad for ure RL,...
  • #496,458
  • Jul 21, 2011 1:52pm Jul 21, 2011 1:52pm
Quoting FibbinArchie
no comments about the use of pink, it was just a spare colour that stands out..
lol... i like pink... lol

here's my problemo with TL. Draw them without wicks.
  • #496,459
  • Jul 21, 2011 1:53pm Jul 21, 2011 1:53pm
Quoting attila
lol... i like pink... lol

here's my problemo with TL. Draw them without wicks.
debatable, and depends on tf, eg on h4 or h1, the tl may well be drawn off the real bodies..
  • #496,460
  • Jul 21, 2011 1:55pm Jul 21, 2011 1:55pm
Quoting FibbinArchie
debatable...
yeap, but I would lean more towards drawing them that way because the body of the candle is more important than the wicks (although they do tell us things).
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