Page 128 of 361 FirstFirst ... 2878118126127128129130138178228 ... LastLast
Results 1,271 to 1,280 of 3610
Like Tree567Likes

Thread: Interactive Trading Setups Disscussion

  1. #1271
    Junior Member
    Join Date
    Jan 2013
    Posts
    23
    Quote Originally Posted by kor4x View Post
    According to my approach to harmonic trading this what you call above a Bat is not proper Bat pattern, as it's not in the proper chart/fractal location.

    It's the same as the Gartley pattern location (which is explained in more details here: Gartley pattern and Elliot Wave theory) the bat pattern is the most powerful and R:R worth trading when formed as the first correction in a new trend, see -> Bat pattern and Elliot Wave theory
    Here are 2 bats that have formed in this uptrend. Would they correspond to the ideal definition of bullish bat? They are definetly not at the bottom of a trend though...

    Interactive Trading Setups Disscussion-2013_02_09_usdjpy_1h_bullish-bat.gif

    Interactive Trading Setups Disscussion-2013_02_09_usdjpy_1h_bullish-bat_longer-tf.gif

  2. #1272
    Wizard
    Join Date
    Oct 2011
    Location
    A, A
    Posts
    2,468
    Quote Originally Posted by forexft View Post
    Thanks kor4x for your very informative comment and links. Scott Carney doesn't seem to highlight very much this point in his books. Your webiste goes into harmonics in a very detailed manner. Really appreciate that. I know there is a thread about it but which authors and books do you recommend for harmonics?
    I have seen that other harmonic authors focus mainly on the price Fibonacci relationships and PRZ definition. I approach harmonics pretty differently. For me the key is the proper market position and harmony defined as price x time, not just as price. Many examples from Scott book do not look harmonic to my eyes at all, and to add they are not considering multitimeframe impact on the pattern structure. Anyway, every trader will approach it differently and every trader must combine it with proper MM and psyche-mind harmony if wants to be successful.

    Regarding the books, yeah, you have seen this one probably already -> Books on the Gartley pattern
    I think the material gathered on this Forum goes in many aspects much farther than any of them (for sure in terms of spotting the proper pattern, but not enough yet regarding the MM, position sizing and entry techniques). As you know I am the author and architect of korHarmonics and AMP indicator, so regarding spotting the best patterns I know things.
    bialko991 likes this.

  3. #1273
    Junior Member
    Join Date
    Jan 2013
    Posts
    23
    Quote Originally Posted by kor4x View Post
    I have seen that other harmonic authors focus mainly on the price Fibonacci relationships and PRZ definition. I approach harmonics pretty differently. For me the key is the proper market position and harmony defined as price x time, not just as price. Many examples from Scott book do not look harmonic to my eyes at all, and to add they are not considering multitimeframe impact on the pattern structure. Anyway, every trader will approach it differently and every trader must combine it with proper MM and psyche-mind harmony if wants to be successful.

    Regarding the books, yeah, you have seen this one probably already -> Books on the Gartley pattern
    I think the material gathered on this Forum goes in many aspects much farther than any of them (for sure in terms of spotting the proper pattern, but not enough yet regarding the MM, position sizing and entry techniques). As you know I am the author and architect of korHarmonics and AMP indicator, so regarding spotting the best patterns I know things.
    Congratulations for the indies and the site. I am very impressed at your knowledge of harmonics. How long have you been trading them? You said price x time, would you suggest to get acquainted to Gann's method? Would an understanding of Elliot Wave also be benefecial in your eyes?

  4. #1274
    Member
    Join Date
    Dec 2011
    Posts
    40

  5. #1275
    Wizard
    Join Date
    Oct 2011
    Location
    A, A
    Posts
    2,468
    Joe DiNapoli in Poland - Conference with the Markets Master in April 2013, read more on Europejska Konferencja - Mistrzowie Rynku

  6. #1276
    Wizard
    Join Date
    Oct 2011
    Location
    A, A
    Posts
    2,468
    Quote Originally Posted by forexft View Post
    Congratulations for the indies and the site. I am very impressed at your knowledge of harmonics. How long have you been trading them? You said price x time, would you suggest to get acquainted to Gann's method? Would an understanding of Elliot Wave also be benefecial in your eyes?
    Started to learning harmonics and market geometry more than 5 years ago and for me this is still the best approach to markets. Why? - was writing about it several times on the Forum.

    Yes, Gann is very, very interesting and worth to dig into. Check this: Gann trading - market turns timing - price projection

    Elliott Wave, hm... one of my mentors was Elliott Wave GURU, and very successful trader, but I never spend enough time on it. I know the basics and the practical concepts behind the theory (that i combine with markets geometry), but I use pure Elliott Wave Theory very seldom.

  7. #1277
    Wizard
    Join Date
    Oct 2011
    Location
    A, A
    Posts
    2,468
    2 very true sentences I heard today while watching the VSA webinar by Gavin Holmes:

    "Don't be trend follower, be Contrarian".

    "Price chart is your friend."


    ...both are true in my trading, so just wanted to share with you guys.
    dalcindo likes this.

  8. #1278
    Member
    Join Date
    Jan 2012
    Posts
    88
    Korrie, any opinion on the EURUSD pattern ?
    Quote Originally Posted by kor4x View Post
    Price action is lagging

  9. #1279
    Wizard
    Join Date
    Oct 2011
    Location
    A, A
    Posts
    2,468
    GBPUSD decision point -> Interactive Trading Setups Disscussion-gbpusd-decision-point-2013-02-11_0940.png

  10. #1280
    Junior Member
    Join Date
    Nov 2012
    Location
    indonesia
    Posts
    4
    Interactive Trading Setups Disscussion-bearish-butterfly-eurjpy.jpg

    Dear Friends Trading Arsenal

    I've just learned to make patterns to predict the movement
    What I made is correct, please correct any mistakes I make

    have nice week

LinkBacks (?)

  1. 04-05-2014, 04:25 PM
  2. 03-30-2014, 11:19 AM
  3. 03-17-2014, 11:20 AM
  4. 03-07-2014, 11:18 PM
  5. 03-03-2014, 08:18 PM
  6. 02-25-2014, 10:40 AM
  7. 02-20-2014, 09:23 PM
  8. 12-28-2013, 10:10 PM
  9. 12-19-2013, 05:17 PM
  10. 12-04-2013, 05:55 PM
  11. 11-22-2013, 05:24 PM
  12. 11-18-2013, 08:50 PM
  13. 11-13-2013, 01:19 AM
  14. 09-23-2013, 05:14 AM
  15. 09-03-2013, 10:23 AM
  16. 09-03-2013, 09:44 AM
  17. 08-27-2013, 12:29 PM
  18. 07-31-2013, 03:32 AM
  19. 06-03-2013, 09:12 AM
  20. 05-22-2013, 04:32 PM
  21. 04-23-2013, 12:01 PM
  22. 04-04-2013, 10:39 AM
  23. 04-04-2013, 10:20 AM
  24. 04-04-2013, 03:38 AM
  25. 03-26-2013, 05:16 AM
  26. 03-23-2013, 03:34 PM
  27. 03-19-2013, 08:20 AM
  28. 01-27-2013, 08:51 PM
  29. 01-17-2013, 05:25 PM
  30. 01-10-2013, 12:46 PM
  31. 01-07-2013, 12:55 AM
  32. 12-27-2012, 10:53 AM
  33. 10-24-2012, 08:22 AM
  34. 10-04-2012, 12:57 AM
  35. 09-30-2012, 06:10 PM
  36. 09-13-2012, 07:58 PM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41