Thank you for visiting and Welcome to excellent way to learn about Harmonic Trading. This site will be updated regularly and will focus on presenting harmonic trading and harmonic patterns together with practical tips / tricks / hints to trade patterns like Gartley, Bat, Butterfly, Crab and 121 successfully. Lots of methods ilustrated with detailed exmaples. Your valuable comments will be added here or taken for further discussions on the TradingArsenal Forum . Note that from the TradingArsenal site you may download a test version of our korHarmonics - harmonic and price patterns recognition indicator (MT4 only). Examples are taken mainly from www.AMPmonitor.com - powerful web based platform that scans and alerts you on the price patterns and harmonic trading opportunities (check for more info on AMP indicator and AMPmonitor).

Monday, April 2, 2012

AMPmonitor emerging completed live harmonics


AMPmonitor emerging patterns functionality:
forex harmonic trading


AMPmonitor completed patterns functionality:


AMPmonitor live patterns functionality:





AMP indicator / AMP monitor has functionality to present pattern in advance (so called emerging pattern). Emerging pattern is very useful. Allows trader to prepare for the trade, apply his/her own confirmation techniques and decide if it's worth to trade the pattern.

From Emerging pattern changes to Completed. This means all swings within the pattern meet the pattern criteria. This is the moment to execute the trade.

Completed pattern can move into Running or Invalidated status. Running means that pattern is on the way to reach the Take Profit level (TP1 and/or TP2 are 2 default TP levels defined in AMPindicator / AMPmonitor). Invalidated status means that price hit the Stop Loss level.

more about AMPmonitor read here: http://tradingarsenal.com/ampmonitor/

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