Hi Guys took a few days off . just went short the gbpusd with small position might add to it
2013-08-16_0737 - stock333's library
first target 1.5613 stop now at 1.5655
stop now at 1.5650
stopped out but went short again at 1.5657
1/2 off plus 25
balnce of position plus 10
Last edited by stock333; 08-16-2013 at 01:50 PM.
fyi: in around 30 mins there will be Ichimoku webinar run by the method expert. I will be posting the connection info as soon as it's provided.
session will be on teamviewer
meeting id is: m98-191-650
That is how I learnt it probably from Carney, and I believe the quote on this site reflects that:
Turning Patterns into Profits with Harmonic Trading (Collection) > Chapter 6. The Gartley Pattern > Gartley Pattern Summary - Pg. : Safari Books Online
Now, regardless, if your longer term experience shows regular profitable trades without this requirement, I think you should disregard it, but I cannot tell.
You are absolutly right! I red Again the chapter of the gartley pattern of Scott and he says that ab=cd is à mendatory minimum... But i really took a lots of garley without this completion and they worked pretty well.
Anyway i get out of the trade at BE!
I have another question regarding this pattern gbp/USD, it seems that we can short at ab=cd at 1.5715, but can we consider it as a garley pattern?!? Because scott says that the maximum bc projection must Be 1.618 and we are far away from that!!!!
Thanks for your help and answers
Regards