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 - 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, January 27, 2014

Butterfly pattern - entry techniques

There are several entry techniques for the butterfly pattern trades -> Thread: Entry techniques for the butterfly pattern

Most agressive is to catch the exact top / low, but this requires experience and top skills. Great satisfaction when you catch the exact top / bottom, but can be painful if you miss several such entries in a row.

An alternative, less risky but offering poorer R:R, is the entry on the re-test of the D price level (88.6 - 100% retracement):

It's up to you to choose. When mastered, the Butterfly pattern beats the Gartley pattern!


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