Thread: Interactive Trading Setups Disscussion

not a harmonic pattern but going short on the EU in area of 1.3065 looking for the low 1.3000 area

Originally Posted by kor4x

this is the one on AUDUSD -> Attachment 3416

so far so good

http://charts.mql5.com/2/47/usdchf-m...ents-inc-2.png ; )

what's the point to force the pattern? looks like a creature rather than harmonic

what is the scenario that you forsee on EURUSD? I am planing for around 3 more days up, lets see ...

Answer: Fibonacci lvl and assumptions of crab and why i think this can react why? Eurusd in my opionon will fall down after macro from US.

Kor4x ur audusd pattern break every single rules what harmonic offers. Most important thing in harmonic is fibo and fibo level no matter how is look like we always abide by patterns rules. And i know u from Poland(or maybe i in wrong) so i encourage u to read book Paweł Danielewicz Geometria Fibonacciego or look for Fibonacci team blog or book becouse they use harmonic.

Shorting opportunity on AudUsd - ABCD+Bat

Originally Posted by sly_fox

Answer: Fibonacci lvl and assumptions of crab and why i think this can react why? Eurusd in my opionon will fall down after macro from US.

Kor4x ur audusd pattern break every single rules what harmonic offers. Most important thing in harmonic is fibo and fibo level no matter how is look like we always abide by patterns rules. And i know u from Poland(or maybe im in wrong) so i encourage u to read book Paweł Danielewicz Geometria Fibonacciego or look for Fibonacci team blog or book becouse they use harmonic.

@sly_fox: I beg to differ. AUDUSD butterfly is meeting both price and time harmonic rules (at least the ones I researched over last 6 years), also on several fractal degrees. check the AB, CD. Check projections and expansions. My method forcasted the exact bottom for this pattern. The only that I did not like here on AUDUSD was the pattern location. You may want to review our collections on harmonic trading -> Butterfly pattern - table of content It's mainly about price approach, as I am not disclosing the time rules (... anyway the research continues).

Actually I do not agree fully with Geometria Fibonacciego on several points. Many of the books examples are not harmonic according to my eyes and my definitions. For me harmonic trading (or my version of harmonic trading) is about Price x Time harmony.

I am heaving researching currently the methods to spot the exact butterfly D turning points. It's amazing, thou does not work always as well as I wish it does. Anyway R:R of 100:1 or 200:1 and more are possible with precise entries (on places where at least 2 degrees show price and time confluence). Whereas in my earlier harmonic days I focused mainly on Gartley and Bat patterns, now I am the big fan of Butterflies as well.