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Thread: UK100, H4 Gartley

  1. #1
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    UK100, H4 Gartley

    I've been watching this instrument with interest. I usually trade intra-day but the H4 got me thinking. Seems like an almost perfect Gartley so far, I think.

    Any thoughts from the pros??


    UK100, H4 Gartley-uk100.lmxh4.jpg

  2. #2
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    So guys.. I think the Gartley is completed. But some questions of concern before shorting

    1. No divergence found to oscillator on H4, which is a bit alarming for short positions
    2. On H1, there was a DCC candle formed. But will have to wait for the H4 candle to close (in about 45 minutes) to see what candlestick pattern will be formed
    3. On Daily there was a bearish divergence.. RSI lower low, price higher low

    Conclusion: Waiting for a confirmation from candlesticks to short.

    UK100, H4 Gartley-uk100.lmxh4_2.jpg

  3. #3
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    This was one amazing trade!!

  4. #4
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    Nice derago, I dont trade renko nor ftsee but never say I will not trade them soon, waiting for more great setups.

  5. #5
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    There is one forming on AUDJPY.. We had some nice talk about it on the skype group earlier today. Will update that one shortly

  6. #6
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    this is the link if someone would like to join the harmonic trading group-> Harmonics Tube: Forex SKYPE GROUP harmonic patterns
    Harmonics Tube - daily trading setups based on harmonic patterns
    Forex Harmonic Trading - Harmonic trading practical tips, tricks and hints
    AMPmonitor - harmonic and price patterns recognition Scanner that I use
    TradingArsenal Quiz project - best edu material regarding the Harmonic Patterns Trading

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