Thread: Interactive Trading Setups Disscussion

Originally Posted by kor4x

XABCD diagonal on EURUSD M5
let me be very open here, but patterns displayed automatically by lobogabor indicator are in majority of cases complete rubbish

unless one starts to master 1 pattern and understand it's details, there is no easy money from Harmonic Trading

Thx Kor4x,

I thougt the last pattern of lobogabor didn't exist but I wanted to be sure.

Regards

Originally Posted by kor4x

I think we have time decision point on EURUSD now

hi,
...no pivots in higher timeframe..there is only an emerging monthly doji on RT...what could be the relation with the time

AudUsd H1 potential bull gartley coming up within an uptrend. ABCD completes below the gartley C fib 78.6 meaning less R/R to be concerned with.

Originally Posted by kor4x

XABCD diagonal on EURUSD M5
let me be very open here, but patterns displayed automatically by lobogabor indicator are in majority of cases complete rubbish

unless one starts to master 1 pattern and understand it's details, there is no easy money from Harmonic Trading

Which ones did not fire up from this or the past weekend exactly? Or are you just talking? Even if you bring up 3 of ten, you are still not better than usual or RU? LOL. And please3 continue to be very open here - not just time to time!
Do your homework before coming out with general stuff like this, count and check and double check. As far as I am concerned the patterns were so far correct . Using words like honesty and rubbish I have not expected from a "great man" like you !
I hope you und3rstand, you are not contributing with to any good intent LOL.

Originally Posted by abdelaziz46

Thx Kor4x,

I thougt the last pattern of lobogabor didn't exist but I wanted to be sure.

Regards

Hi abdelaziiz, which pattern are you asking about? (I would assume not the ABCDs currently around 20 pips plus on EurUsd and neither the Cypher on the CAD), thus I do assume it must be dragon. If not, pls let me know.
Let me find you a link for that:
The Dragon Pattern Forex Trading System - Forex Strategies - Forex Resources - Forex Trading-free forex trading signals and FX Forecast
well it is not the best I have seen so far, but pretty much describing the dragon. Currently I am still learning this one and some other "new age" patterns, but I must tell you, my appreiation towards the dragon is growing every time I work with it!
You do not have to believe me, and please do not, you have to try for yourself if you are interested. I also attach another material from another site, where you might find really helpful people with good menners there LOL.
I am glad inquision age is over, sometimes I feel like I would be subjected to it on this blog, however I have never stated that the Sun and the Universe was spinning around me - still might be spinning of course, but more clever people might be able to tell that LOL.
Let me know if I can help.

@lobogabor: if trading sooo many indicator patterns works for you in $$$ sense than great and keep on doing
From my experience it is not so easy. Indicators find patterns every couple of minutes, as they use big enough delta in the calculations. Also, they do not consider multitimeframes. Indicator will show us a Gartley bullish pattern at the end of the up trend. Experience and eyes would not allow to accept such pattern.

My advise was to specialize, by choosing 1 or 2 and master them. Feel free to ignore this small advise, especially if the way you trade works well for you.

Originally Posted by abdelaziz46

Thx Kor4x,

I thougt the last pattern of lobogabor didn't exist but I wanted to be sure.

Regards

abdelaziz46-just one more comment about the dragon. I enjoy watching the effect of Carneys initial BAMM theory (that of the "bat action magnet", if you are not familiar with, read the 2nd book/part of his book) - what I am suspecting and what I see so far, dragon gives you an early chance to enter that race to D of a 5 point pattern (some of these 5 point patterns might be the so called "new" "A-patterns" but I do know it yet, I could not jump to the A-patterns before getting comfortable with these others).
I know AMP monitor - or whatever it is - does not show many of the new patterns, and I do not know the effectiveness of AMP monitor either, since I have no test results from the ones working with it. NEN and Poruchik were working on the ZUP indicator, and came up with the new patterns I mean built into their indi, in the end leading you to all/most of the harmonics known today, covering most of the harmonic moves.. detailed knowledge required of the patterns, and even then your filters and personal judgement needs to be in place.
These new indicators are covering all moves in the market with limitations of ZigZags and error% of course, but it will be no different for any other indicator.
Let me know what you find out and your thoughts about it! Tnx.

Originally Posted by kor4x

@lobogabor: if trading sooo many indicator patterns works for you in $$$ sense than great and keep on doing
From my experience it is not so easy. Indicators find patterns every couple of minutes, as they use big enough delta in the calculations. Also, they do not consider multitimeframes. Indicator will show us a Gartley bullish pattern at the end of the up trend. Experience and eyes would not allow to accept such pattern.

My advise was to specialize, by choosing 1 or 2 and master them. Feel free to ignore this small advise, especially if the way you trade works well for you.

OK, Thanks for your advice,