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, August 1, 2012

121 pattern (running correction) proceeds the impulse

The small (predefined in AMP indicator) stops were taken here unfortunately, ...but anyway, this screenshot presents well the proper location and the power of the running correction that proceeds the impulse wave.

USDCHF:


EURUSD:

121 pattern specifics to be explained on the www.TradingArsenal.com Forum

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