02-07-2012, 05:16 PM #161
USDPLN butterfly bullish, lets see if this time ...
02-07-2012, 06:27 PM #162
Update on NZDUSD
02-07-2012, 08:18 PM #163
for forex harmonic trader it could be easy day today :-) ... i missed it unfortunatelly ...and trading day was rather difficult
02-07-2012, 09:12 PM #164
CHFJPY H1 bearish gartley ?
02-07-2012, 09:18 PM #165
EURJPY H1 bat bearish
Last edited by kor4x; 02-07-2012 at 10:01 PM.
02-07-2012, 10:25 PM #166
USDJPY long on monthly TF
02-08-2012, 09:29 AM #167
02-08-2012, 09:36 AM #168
look at the 2 levels: the first is the yellow korharmonic prize box (1.3025), the second is the retested level by zup108 (1.3027). Prize test the first level and run up till his max (1.3217), retrace till the second level and then.. resumed the race that had started from KorHarmonic PRZ level.
Hot spots: KorHarmonics PRZ box, RedLine50 + Fibo 61.8 Zup108
02-08-2012, 12:28 PM #169
Thanks John for good explaination.
When u said the red line is the entry line which can be either buy or sell WITH
fundamental, what do u mean fundamental in this context ?
As newbie i conclude the safest is wait for the harmonic pattern and at same time
the entry price in red does appear so i can get a clearer picture.
My observation, it is very often the entry price comes together in package with harmonic pattern.
And it is more often entry price (in red) comes alone without harmonic pattern. (Risk more to me)
My personal views, i tested with supply and demand indicator combo with harmonic and zup. It's complement each other.
Anyone with opinon pls. I'm ok anyway.
02-08-2012, 12:37 PM #170
harmonics with S/D is very good way to go together. Visit also our Garltley pattern knowledge base to check the other confirmations that can be used together with harmonics.