Page 89 of 361 FirstFirst ... 3979878889909199139189 ... LastLast
Results 881 to 890 of 3610
Like Tree567Likes

Thread: Interactive Trading Setups Disscussion

  1. #881
    Junior Member
    Join Date
    Jul 2012
    Posts
    5

    Fibonacci Circles, Bearish Shark , Bearish Butterfly and levels all in one setup !!!

    Here is an example of a short I entered in using Fibonnaci Circles as confirmation.
    Actually lots of other confluences here at this level (maybe you can also make out a bearish shark pattern in the diagram).
    But I predicted FTSE would turn at 5585 and it turned at 5584.8 ... thats ridiculous

    Anyway lets see if it works

    Interactive Trading Setups Disscussion-10.05.2012-15.41.29.jpg

    Here is an update:

    Interactive Trading Setups Disscussion-10.05.2012-18.39.49.jpg
    Last edited by drlobo; 10-05-2012 at 06:40 PM.
    kidrock82 and Mohammad9508 like this.

  2. #882
    Member
    Join Date
    Jul 2012
    Location
    Colombia
    Posts
    43
    Quote Originally Posted by kor4x View Post
    @tiago: what is exactly your entry criteria/condition/moment for the gartley and bat trades?
    @kor: Basically, I trade Gartleys, Bats, Butterflies and Crabs, no 121 or 3 dives nor SHARK or 5 - O. The criteria is the same for all of them, (still perfecting my entry), I use RSI and look for divergence in overbought or oversold consitions. For the advance patterns I calculate PRZ with XA -D leg and convergence with BC - D retracement. For all retracement patterns (BAT, Gartley) I also use AB=CD ( Gartley) pattern or the alternate 1.27 (Bat, Butterlfy) as a third convergence. On extension patterns, 1.618 AB = CD on Butterfies. Crabs don't normally converge with AB=CD patterns, but when they do, it's normally a 1.618 alternate pattern.

    I Calculate Fib Time Zones to estimate first price action retracement candle. Normally its from X to A as Time zone 1, and Time zone 3 will give an idea. (this normally for Crabs, but it works great on Bats). Time zone 1 from X to B, Time zone 2 will give excellent price action for Gartleys. Finally, price action in the PRZ zone, if there is a GAP or BREAKTHROUGH PRZ, I would consider pattern failed, but if a retracement bar tests all Convergences in PRZ, this would be a great confirmation to trade the pattern. Finally I would analyze my stops, to make technical sense, calculate the amount of PIPS to Stop, use a position calculator to type my risk (1-3%), and place the lot size. I normally trade for a 1:1 Risk, but if price action is strong, I leave the trade to find a second profit target.

    I'm still struggling for exit points though, but I beleive there will be more tweeking to do!, thank you for your support KOR!,

    Best Regards,
    kidrock82 likes this.

  3. #883
    Junior Member
    Join Date
    Sep 2012
    Posts
    1
    Could the following be incorporated into AMP Monitor -

    1) Wolfe Waves - sometime a useful confirmation tool for Harmonic Patterns

    2) USD Index - a synthetic representation for Harmonic Pattern recognition

    thanks

  4. #884
    SlyQsx
    Guest

  5. #885

  6. #886
    SlyQsx
    Guest

  7. #887
    SlyQsx
    Guest

  8. #888
    SlyQsx
    Guest

  9. #889
    SlyQsx
    Guest
    Mohammad9508 likes this.

  10. #890
    Senior Member
    Join Date
    Dec 2011
    Posts
    199
    Weekly



    Daily


LinkBacks (?)

  1. 04-05-2014, 04:25 PM
  2. 03-30-2014, 11:19 AM
  3. 03-17-2014, 11:20 AM
  4. 03-07-2014, 11:18 PM
  5. 03-03-2014, 08:18 PM
  6. 02-25-2014, 10:40 AM
  7. 02-20-2014, 09:23 PM
  8. 12-28-2013, 10:10 PM
  9. 12-19-2013, 05:17 PM
  10. 12-04-2013, 05:55 PM
  11. 11-22-2013, 05:24 PM
  12. 11-18-2013, 08:50 PM
  13. 11-13-2013, 01:19 AM
  14. 09-23-2013, 05:14 AM
  15. 09-03-2013, 10:23 AM
  16. 09-03-2013, 09:44 AM
  17. 08-27-2013, 12:29 PM
  18. 07-31-2013, 03:32 AM
  19. 06-03-2013, 09:12 AM
  20. 05-22-2013, 04:32 PM
  21. 04-23-2013, 12:01 PM
  22. 04-04-2013, 10:39 AM
  23. 04-04-2013, 10:20 AM
  24. 04-04-2013, 03:38 AM
  25. 03-26-2013, 05:16 AM
  26. 03-23-2013, 03:34 PM
  27. 03-19-2013, 08:20 AM
  28. 01-27-2013, 08:51 PM
  29. 01-17-2013, 05:25 PM
  30. 01-10-2013, 12:46 PM
  31. 01-07-2013, 12:55 AM
  32. 12-27-2012, 10:53 AM
  33. 10-24-2012, 08:22 AM
  34. 10-04-2012, 12:57 AM
  35. 09-30-2012, 06:10 PM
  36. 09-13-2012, 07:58 PM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41