Continuation Gartley pattern example

Continuation Gartley pattern located within channel. Example from today's Forex USDCAD M5 chart.

Continuation Gartley pattern

Continuation Gartley pattern in the channel

Read more...

Gartley pattern with supply demand confirmation

Nice harmonic Gartley pattern example from today. Gartley pattern in action!

Continuation Gartley pattern on USDCAD

See how Supply Deman level (explained best by Sam Seiden) confirms the location of D point.

Continuation Gartley pattern with Supply Demand confirmation

Read more...

Emerging, Completed and Failed Gartley pattern

In the Interactive Trading Setups Disscussion we discussed today's Gartley patten that failed/got invalidated. After pattern failed and stop losses were taken out, price returned to the SL level. 

Since some of you asked for the video on the topic, here it comes - short one - about the failed harmonic Gartley pattern with 2 extra trading hints included.

Read more...

How to trade failed harmonic Gartley pattern

Not sure if you benefit from it in your harmonic trading strategy, but when harmonic pattern fails - relatively quickly price returns to test the StopLoss price levels. If someone stayed in the losing position (did not accept the natural SL at X), this method (after price retests the SL levels) may allow to exit on Zero or small plus, or may be a good location to enter in oposite direction than indicated by the pattern. hmm... but what if price will never test the StopLoss levels :-) ... anyway, worth to consider the method.

Comments/opinions are welcome.

more on trading the failed Gartley pattern here -> Gartley pattern failure setups (Failed Gartley pattern)


Read more...

harmonic and price patterns automatic recognition

AMP indicator and AMPmonitor.com functionality!
Visit http://www.TradingArsenal.com to learn more about successful Harmonic Trading, AMP automatic pattern recognition engine and AMPmonitor.com project. Join us!

Emerging patterns recognition parameter is by default set to 70%, so as soon as 70% of potential harmonic or price pattern is formed, AMP indicator will find it and present to you. To learn more about AMP indicator and AMPmonitor functionality visit TradingArsenal Forum and check AMP Indicator Releases and AMPmonitor threads.


Read more...

new AMP engine on AMPmonitor Test environment

New version of AMP indicator pattern recognition engine was placed today on the Test environment. After internal tests new AMP version will be uploaded on the Production AMPmonitor.com server.

More info regarding new features/changes here: http://tradingarsenal.com/ampmonitor/43-ampmonitor-informations-suggestions-improvemets-25.html#post4322

Example AMPmonitor screenshots will be uploaded/added to this post during next days.


Read more...

"The Biggest Secret In Forex Trading" - Larry Pesavento

Follow the link -> http://tradingarsenal.com/tutorials-courses-webinars-books-info/48-interesting-links-2.html#post4182 and check "The Biggest Secret In Forex Trading", video by Larry Pesavento.

Can you apply it to your trading? Some forum members started to play with it already ... and shared the first findings -> http://tradingarsenal.com/confirmation-methods/8-different-confirmation-techniques-harmonic-patterns-8.html#post4189


Read more...

AMPmonitor - Main Page new layout

Couple of suggestions for the new AMPmonitor main page layout.
Take a look and let us know what you think. Vote for the one you like most.

http://tradingarsenal.com/ampmonitor/43-ampmonitor-informations-suggestions-improvemets-24.html#post4196

thanks!
btw: New AMPmonitor with lost of new functional features and quality improvements SOON! Stay tuned!


Read more...

"Zen in the markets" - must read book pdf

For me it was the eye opener and learnt from it more than from any other technical analysis or system description type book.

I am sure everyone will find there something for himself/herself. For me the very important point I remember was that Market from any moment can go only 2 directions: UP or DOWN and author suggested what to do to be always on the right side on the market move. Priceless! At least was and is priceless for me!

To read more about it on the TradingArsenal Forum check -> http://tradingarsenal.com/tutorials-courses-webinars-books-info/499-zen-markets-must-read-book-pdf.html


Read more...

Shark pattern AMPindicator AMPmonitor examples

Lots of examples of successful and failed Shark patterns (recognized by AMP indicator and available on AMPmonitor platform) available here: http://tradingarsenal.com/shark-pattern/496-shark-pattern-amp-indicator-ampmonitor.html

Read more...

Harmonic Trading - shark pattern example on EURUSD

Harmonic Trading - shark pattern example on EURUSD

Seems like we are going to describe this pattern as well. Again the pattern location is the key.

Check soon here -> Market Geometry & Harmonic Patterns

Read more...

Gartley pattern - where is the D point location

Not sure about the author of this picture but nicely presents the location (zone) of the D point within the harmonic Gartley pattern.

to learn more about the Gartley pattern check: All about the Gartley pattern trading



Read more...

Butterfly pattern - 161.8 and 113 extreem XA retracements

See examples of the butterfly pattern with extreem D point positions -> http://tradingarsenal.com/butterfly-pattern/470-ideal-tradeable-butterfly-pattern.html

Read more...

Butterfly pattern - internal structure of the CD swing

Based on the Elliott Wave theory we should look for the following internal CD swing structure in the butterfly pattern.

Read more...

ideal versus tradeable butterfly pattern

Note the differences (Fibonacci ratios) between ideal and tradeable butterfly pattern.
Ideal butterfly pattern:

Tradable butterfly pattern:

To learn all about the butterfly pattern visit ->  Butterfly pattern - Table of Content

Read more...

How to find and draw the Butterfly pattern?

We look here at probably most powerful and profitable price pattern forming on the charts (of course together with the Gartley, 121 and Bat patterns). When you see its first 3 legs of the butterfly pattern completed and forming swing CD crossing the point B price level - GET READY. Now your work starts. See the following diagram presenting the moment (price location) where it's worth to observe the emerging butterfly pattern. Attempts trying to prognose potential butterfly pattern before price reaches presented point is in our opinion loss of time, efforts and money.

At TradingArsenal Forum we prepared a dedicated thread for this fantastic pattern -> http://tradingarsenal.com/butterfly-pattern/

Read more...

butterfly pattern in Elliott Wave correction (BC wave)

Butterfly pattern located at the end of corrective move in Elliott Wave fractal - wave B-C butterfly.

Read more...

butterfly pattern in Elliott Wave fractal (wave 4-5)

Butterfly pattern located in Wave4 and Wave5.

Comments are welcome.

Read more...

ideal Butterfly pattern: slow vs aggressive type

From our observations and experience there are 2 types of butterfly pattern: slow butterfly pattern and aggressive butterfly.

Slow butterfly pattern diagram:

Aggressive butterfly diagram:

To learn more about the butterfly pattern visit TradingArsenal Forum

Read more...

Harmonic Trading - butterfly bearish example

Harmonic Trading - butterfly bearish example with Weekly and Daily Pivot points confirming the exact harmonic pattern point D.

Read more...