Thread: Interactive Trading Setups Disscussion

mmy 0.02$:
1. I rather never look ABCD as standalone pattern.
2. CD longer than AB is my preference.
3. CD subdivides into (ABC) or (12345) is my preference
4. Important is where the D point is finishing, best if on Supply/Demand (as defined by Sam Seiden) or S/D coming from other Fibo measurements

Originally Posted by paulselvan

Hello friends
In that figure, fibo ratios {0.382;0.886} x {1.13;3.14} are shown to construct AB=CD patetern
We must select for example the couple (0.618;1.618) for construct a perfect one.
But is (0.886;3.14) a validate one ?
Can somebody indicate correct couple of ratio that can be used in a AB=CD ?
Attachment 3505

Harmonic Trading Entry Criteria
On this page there are some reciprocal considerations for D based on the BC retrace depth. I have not noticed in the sase literature the 88.6 retrace until I have seen your pic.
I guess there is no reason why that would not be a possible one, but need to study a lot of ABCDs and build statistics most likely.

Hello traders
GBPUSD H4
I got these ratios combination :0.5/1.13/2.618/1.414 in a XABCD pattern
What is it ?

Never mond thats a false one
Its what happening when paying more attention to B than other pivots...

this was a catastrophy, did you see the section presenting the harmonic patterns and how they should look like????
you should not have waves of bigger degree than AB or BC inside XA or CD swings.... basic rule that helps you to filter out majority of wrong looking patterns. When you grasp this concept I will tell you more...

Is it butterfly with extrem CD 0786 / 0707 / 3.14 / 2.0

Originally Posted by paulselvan

Is it butterfly with extrem CD 0786 / 0707 / 3.14 / 2.0

I see the dollar sign, but could you also post what pair it is and what TF, so one coluld check pls?

Originally Posted by paulselvan

Hello traders
GBPUSD H4
I got these ratios combination :0.5/1.13/2.618/1.414 in a XABCD pattern
What is it ?

Based on the look it is supposed to be checked out as a shark. I was looking on my chart, with my indi, it shows up, but if you check out the shark fib levels, it has not met the 113 minimum requirement for XA extension to C, so it does not qualify...at least on my version.
Could be other problems there as Kor4x mentions, I do not know neither understand, but since it does not qualify, it neither counts for anything. If you look at my drawing still coluld have made a nice profit for making that mistake, but that counts only as luck probably cannot be included in a traiding plan.