07-30-2013, 08:06 AM #1881
Ngas sep'13 on ST
07-30-2013, 03:55 PM #1882
What do you think about this guys?
07-30-2013, 04:24 PM #1883
07-30-2013, 04:27 PM #1884
we were on exact AB=CD and additionally 50% Fibo. Was super low risk entry.
Originally Posted by sly_fox
07-30-2013, 04:37 PM #1885
I think that market will retest this lvls so we will have good opportunity to join ; )
Originally Posted by kor4x
07-30-2013, 06:49 PM #1886
EURGBP H4 Bearish Gartley
07-30-2013, 08:30 PM #1887
there is emerging AUDJPY butterfly bullish pattern, but it will meet my time relations in 2days at minimum only, so will check it again in 1-2 days ->
07-30-2013, 09:02 PM #1888
it's not harmonic for me.
Originally Posted by paulselvan
H1 and H4 give me "small SL" short trades, but I do not see any specific fractal here, so would not take this trade.
07-30-2013, 09:56 PM #1889
the main point to draw an HP is B pivot ratio ,isnt it ? For others is there some rules other than ratios?
07-30-2013, 10:38 PM #1890
more important than ratios are the pattern location, pattern overall look and individual swings structure.
B point is a way to destinguesh the patterns, is helpful, espcially when patterns are described for educational purposes and presented in the books, but from practical trading point of view B point is less important. There are valid tradable Gartley patterns with B on 78.6, or butterflies with B on 61.8.
Note this is just my opinion. Ortodox harmonic traders will say differently to public, but in the heart will agree with me