Thread: Interactive Trading Setups Disscussion

Nice Trade

Regarding Fundamental News and D point location and reaction

[11:39:18] Kor4x: Harmonics Tube: GBPUSD Gartley pattern update [2013-02-06 16:55:08] David R: gartley doesnt work
[11:42:51] gerard: however I would not say that is a good example ... that was pure fundementals/news spike can go either way.
[11:43:43] gerard: hope u exit
[11:45:31] Kor4x: you are right, but it's actually usually that at D point of any pattern there is a News, or exactly at D or very soon after D

what do you guy think about D point and News?

i feel the d point is a more important than the news. if new comes out at the d point then better force be with u but most of time it is a pattern completion. In my view

Emerging butterfly bullish pattern on USDCAD ->
what do you guys think on this one?

Emerging butterfly bullish pattern on USDCAD ->
what do you guys think on this one?

.9933 which was the completion of the butterfly also toutch the pp which was also at that level. Just alot of resistance in the 9961 to 1.000 for it to break to the upside

correct, you are right, there were 2 butterflies there and a pivot point level, this move up can be already a start of the rally -> Harmonics Tube: AMPmonitor points 2 butterflies on USDCAD


for me the next 2 H1 candles are the key, so lets see.

justy looked at a 6C 60 min chart and there is a completion of a beautiful buterfly. It would then seem to me that the usdcad butterfly is valid and witha pullback i will enter as a long