Ed Seykota Trend Following System -> Ed Seykota trend following system
works best combined with Harmonic trading, trading with Gartley, Bat, Butterfly and 121 price patterns
Hi Kor, the EU 4H Extreme Bearish Butterfly didn't appear in the AMP Trial on my screen, does AMP miss patterns?
I am very interested in the AMP and was looking for the first pattern in testing it, only to realise that the first pattern isn't in the AMP. Many Thanks.
Thanks Kor for sharing the KorHarmonics indicator, I installed it and changed the settings, but the EU4H butterfly isnt present on the chart, please can you tell me if your KorHarmonics indicator shows this pattern on your chart? Many thanks!![]()
no one visit this site?![]()
where is all professional harmonic traders?![]()
Hi Connected, here is the trade I am taking. This is quite risky as it is countertrend. Also price action has formed a bullish pinbar on the 4H chart. However I don't think we are going to break the major resitance 1.3470 today which is also a 0.50 retracement on weekly, but anything can happen. A pullback is likely.
I have 3 options:
1. I don't take any trade
2. I bet on the conituation of this move and the bullish pinbar on the 4 H chart.
3. I bet on harmonics and conflence of patterns. The ABCD on the daily, butterfly on the 4H, the ABCD on the 1H. PRZ is showing some stalling, and lower line of pitchfork couldn't be broken to the upside. RSI is also intersting on the daily has it has formed 4 tops in a row.
The third option is the most logical to me, therefore I risk a small portion of my capital and I am ready to lose if I am wrong.
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Last edited by forexft; 01-28-2013 at 10:46 PM.
Hi forexft thanks for sharing your EU 1H ABCD pattern charts, gives me an idea of your trade and many thanks!