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Thread: Interactive Trading Setups Disscussion

  1. #1911
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    the emerging pattern posted couple of days ago is now completed, this looks tempting , AUDJPY butterfly bullish pattern -> Interactive Trading Setups Disscussion-audjpy-butterfly-bullish-pattern-2013-07-31-23-31-56.jpg
    what do you think?

  2. #1912
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    ... and the EURAUD maybe like this -> Harmonics Tube: EURAUD weekly - what can stop this rally ?

  3. #1913
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    Quote Originally Posted by kor4x View Post
    my opinion: predicting so much to the future brings more problems than benefits. Better to jump on the pattern when it's close to completion. For example in AMPmonitor we set 65% for emerging, meaning that Monitor will draw the pattern when it's completed in 65% already. This gives far enough time to look at it and decide it's an opportunity or not.
    I do not know much about AMPmonitor, but what about warning at level B on the CD leg towards D (R. Carney) instead of a certain %?
    Also, there are several people watching a harmonic pattern formation after B is formed, and even entering a trade at C, so what about a warning at B or at C forming?
    Any comment?

  4. #1914
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    XABCD pattern is completed at D. People that trade CD swing - trade different pattern/schema.

    regarding alarm on B price level vs 65% pattern completion, I will need to think and check before the answer. Thanks for your comment.

  5. #1915
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    Could you guys please recommend some good materials on trading psychology? beside Mark Douglas, Ari Kiev and VanTharp.
    Marek Krajecki likes this.

  6. #1916
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    The market is where you can loose your money or rob somebody : Alexander Edler "Trading for a living"
    Marek Krajecki likes this.

  7. #1917
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  8. #1918
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    Quote Originally Posted by kor4x View Post

    Have used this clue to make 107 pips , thanks

  9. #1919
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    Yes , bounced at 87.23.

  10. #1920
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    "Human's will accept risk to avoid a loss, but avoid risk when seeking gains" - Chris Lori
    stock333 likes this.

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