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).

Wednesday, April 11, 2012

how to master harmonic trading


Note: This is first version of this post. It will be modified and extended with time.

- How to master harmonic trading?
- Simplify!

From the big harmonic patterns collection (Gartley, Bat, Butterfly, Crab, 121, 3Drives, etc):
1. pickup 1 pattern only - my suggestion would be Gartley: important basics on the Gartley pattern
2. pickup only 1 version of it - let's say Bullish
3. ignore all other patterns, forget them, and learn to spot on the charts the one you selected
4. ignore Fibo measurements, ignore building clusters from price and time relationships, just choose patterns that look good for the eyes (your eyes)
5. master the pattern identification process, learn how the profitable patterns look and behave, learn how they fail

... when you are done with it, let me know, you are in half way :-)


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