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Thread: Interactive Trading Setups Disscussion

  1. #2851
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    Hi kor4x,

    that A to B range is the first push up,then C to the current top is the 2nd push up,so if it ends there we should get a retracement to lower levels. I'm thinking at

    around 157.80 or thereabouts. Than we should see the 3rd push up from there. Wait and see I guess.

  2. #2852
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    will be looking for GBPUSD short in around 1hour

  3. #2853
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    GBPUSD TPs taken

  4. #2854
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    beauty from EURJPY -> Interactive Trading Setups Disscussion-gartley-pattern-eurjpy-2013-11-19-18-29-53.png
    FatTony and Gnart like this.

  5. #2855
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    so far so good -> Interactive Trading Setups Disscussion-nov-2013-equity-curve-2013-11-19_1928.png
    xspojlerx likes this.

  6. #2856
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    Quote Originally Posted by kor4x View Post
    beauty from EURJPY -> Click image for larger version. 

Name:	Gartley-pattern-EURJPY-2013-11-19 18-29-53.png 
Views:	34 
Size:	24.4 KB 
ID:	3986
    Hi kor4x you talk a lot about location and that you what to see gartley in starting new trend but this one is: "gartley with trend"

    btw nice gratley

  7. #2857
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    Quote Originally Posted by FatTony View Post
    Hi kor4x you talk a lot about location and that you what to see gartley in starting new trend but this one is: "gartley with trend"

    btw nice gratley
    I am not at the same level as Kor4x but there are 2 types of Garley, a reversal Gartley which happens at the beginning of a new trend and a continuation gartley which happens in the direction of the dominant trend.
    The continuation gartley like the one you see on the EUR/JPY is a good way to get into a strong trend and when it works usually give a good risk reward ratio.

    Hope this helps and Kor4x do feel free to correct anything you feel I have not quite got correct
    kor4x likes this.

  8. #2858
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    @Samtastico: perfectly correct for me. Here is a bit about these 2 types: Reversal and Continuation Gartley pattern

    for me the proper Gartley pattern is the reversal one. Continuation gartley may keep the shape and Fibonacci ratios, but for me the location takes priority if I have to rate them.

  9. #2859
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    gbpusd h1 = ascending Broadening Wedge + 3drive
    Interactive Trading Setups Disscussion-gbpusdh1.jpg

  10. #2860
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    bearish setup on GBPUSD, possible higher timeframe turning point -> Interactive Trading Setups Disscussion-bearish-setup-gbpusd-2013-11-22-09-50-44.png

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