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).

Tuesday, April 10, 2012

harmonic butterfly bullish on Gold H4

Harmonic butterfly bullish on Gold H4

HINT: Note the beauty (for the human eye) of the pattern. Note also, the time of AB swing is equal to time of CD swing. When i see such beauty i easily ignore the fact that D point did not reach any Fibonacci cluster(PRZ). Harmonic pattern must look good to the eye, that's what counts (at least for me).


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2 comments:

  1. AnonymousApril 10, 2012 at 3:02 PM

    Awesome entry!
    How do you make the rectangles with the time?
    Is it possible to do automatically with korharmonics?

    I envy your success rate with harmonics.
    Good job!

    ReplyDelete
  2. TradingArsenal TeamApril 11, 2012 at 6:57 AM

    pattern was found by AMP indicator, the engine for AMPmonitor platform, see http://www.AMPmonitor.com

    yellow rectangles were added manually.
    other rectangles are displayed by AMP indicator, they give the swing's length in pips and number of bars.
    cheers.

    ReplyDelete

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