Simulate Equity Curve for your System

A system with 50% success ratio can be a killer with always growing equity curve. Test is by yourself!
Very nice tool for simulating Equity Curve.

Here is more info:
http://tradingarsenal.com/tutorials-courses-webinars-books-info/559-generate-equity-curve-your-system.html



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benefits and disadvantages Harmonic Trading

We created a Skype Group to discuss the advantages and disadvantages of Harmonic Trading. Focused on the Practical aspects!

Based on the different discussions and questions that you send, it seems to be very interesting and wanted topic. Different traders see and approach it a bit differently. 

If you are willing to share your experience and activly participate in the discussion we have, drop a message to TRADINGARSENAL skype account (that holds this discussion group). 

aaa

Personally, I will also gladly share my experience, but I am even more intersted in your inputs.

here are the forum threads:

benefits of Harmonic patterns trading

disadvantages of Harmonic patterns trading

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Charts overlay correlation indicator

charts overlay mt4 indicator

Chart Overlay MT4 indicator for comparing several charts on 1 chart (example of EURUSD and GBPUSD on the same chart). 

Great if you benefit from instruments correlation in your trading system.

You can download this indicator (including source code) here -> Charts overlay indicator


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Expert4x forex GRID EA system explained

Pretty nice webinar -> http://expert4x.com/expert4x-no-stop-hedged-grid-forex-trading-ea-support-video/  Covers the pros and cons of the forex grid trading method. It presents (in details) the Expert-4x GRID EA (MT4 platform).
Presented material is rather for grid beginners and skips some important grid trading elements, ...anyway I want still recommend you see it.

Lately at TradingArsenal we verify options to combine grid trading with harmonic patterns trading. Both trading methods have pros and cons and we want to choose the best out of each.
Grid-harmonic trading systems ideas are presented here: TradingArsenal - Trading systems


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Interview with Market Expert - Bruno Estier

The best is to learn from the Experts, right?

Check the Interview with Bruno Estier -> http://www.samt-org.ch/pdf/estier_interview.pdf
Good luck!

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Ichimoku system profitable combined with Harmonic patterns trading

Just to point you to another interesting thread.
Interesting and seems like profitable way to combine Ichimoku system with Forex Harmonic patterns trading.
Comments are welcome.
Link is here: Ichimoku system
121 harmonic pattern traders will surly like the posts starting from #3.



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Gann SQ9 confirms Harmonic Bat pattern

Our project to verify Gann SQ9 methods as confirmations for Harmonic patterns continues ...
you can read about it here -> Gann trading - market turns timing - price projection

This time we played with calculating Gann SQ9 from harmonic Bat A and C points.
Gann 180degrees price level from A point and Gann 135degrees price level from C point are clustering.

Gann price levels calculated from Bat A point

Note the red vertical line calculated from Price x Time square.

Gann price levels calculated from Bat C point

More on this on the TradingArsenal Forum where you can find the Gann methods theory we apply here and Gann indicator used in this activities.


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Supply Demand confirmation for Harmonic Patterns

Supply Demand confirmation for harmonic Bat pattern

Here you will find lots of info regarding Supply and Demand zones, how to create them and how to use them when price reaches the level -> Supply & Demand - by Sam Seiden

Sam Seiden's method is my favourite technique to very precisely define the entry price level/sub-zone

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EURUSD M15 harmonic butterfly bearish with complex zigzag

Pattern internal structure is rather complex and was not recognized by pattern recognition engines, but an experienced eye can see it. 

There are actually not so many different fractals in which market trends are ending.

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Trend following MTF Parabolic PSAR indicator

Trend following MTF Parabolic PSAR indicator:
placed twice on EURUSD chart with M15 and H1 settings.

Can it be better and cleaner than Ichimoku indicators? -> Ichimoku methods confirming harmonic patterns trading


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Ichimoku methods with Harmonic Patterns trading

Watched webinar by Manesh Patel and read couple of articles about the Ichimoku methods. All this to validate practicality of this method, to combine with my harmonic patterns trading.

This resulted in newTHREAD about Ichimoku methods -> Ichimoku methods combined with Harmonic Trading

Links to the webinar and articles I found useful, as well as experience and examples shared by Ichimoku traders are included in the thread.


Time to look for some indicators that may support further Ichimoku vs Harmonic Trading investigations ;-)
happy trading!




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10 Warren Buffett Quotes You Must Know

10 Warren Buffett Quotes You Must Know

1 .“Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1.”
2 . “You do things when the opportunities come along. I’ve had periods in my life when I’ve had a bundle of ideas come along, and I’ve had long dry spells. If I get an idea next week, I’ll do something. If not, I won’t do a damn thing.”
3.“ Never invest in a business you can’t understand.”
4 “It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.”
5. “Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.”
6. “We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.”
7. “It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.”
8. “Our favorite holding period is forever.”
9. “Only when you combine sound intellect with emotional discipline do you get rational behavior.”
10. “Without passion, you don’t have energy. Without energy, you have nothing.”


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Fibonacci and ABCD pattern webinar

FXStreet Webinar on Fibonacci and ABCD pattern --> Fibonacci Friday Webinar Link


Summary:
Fibonacci need not be difficult! Andrei Knight will share his ABCD pattern which can easily be used to trade news spikes, long-term positions lasting several months, and just about everything in between - a simple pattern which yielded a powerful 77% win ratio over the past 6 years. When Fibs are properly applied to the major moves we've seen during the week, they reveal clues as to where price is likely headed next, as well as the key support and resistance levels it is likely to encounter along the way. Here's your chance to have your favorite currency pairs and time frames analyzed by a professional trader.


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Gann Angles and Speed Angles trading

Gann Angles are Speed Angles which give us a bunch of informations about the (relative) speed and acceleration of the prices of a market within a specific trading frame.

Gann Angles and Speed Angles trading

To read more on the topic (explained by parisboy) and other guys discussion check -> Gann Angles Speed Angles

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Golden Ratio Spiral - Hurricane Sandy

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Introduction to Hedge Grid trading

You may be interested to see our new threads covering the topic of grid trading -> Hedge grid methods explained

An introduction to grid trading, covers the theory and basic concepts of grid trading, presents couple of basic and popular strategies that grid-traders use.
Grid trading in its pure and basic concept does not work very well. Combined with other methods can be very powerful.

Check this post to get to system ideas where harmonic patterns trading is combined with different grid approaches: http://forexharmonictrading.blogspot.com/2012/11/harmonic-grid-trading-system.html


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Gann methods - 45 angles, trend, trendlines

Gann methods - research continues!!!!!! -> gann methods on Forex explained


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Harmonic Grid trading system - Directional Profits

Posted yesterday ... another grid trading system (combined with harmonic patterns trading) presented by Ziemo:

Harmonic trading system - Directional profits

In the case you missed the previous systems here are the direct links:

Harmonic martingale entries system

Harmonic grid trading system - Volcano setup

Check the people's comments with their trading ideas and improvements suggestions.

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Gann trading on Forex - market timing & price projection

We have started new project on TradingArsenal Forum about the Gann trading methods.
There is a PDF available in the thread where you can read about Gann secrets to find the market turns by calculating both time and price.

Interesting!

We will investigate to check if it's just a book's theory or a practical method that could additionally confirm the market geometry/harmonic patterns entries.

Gann trading method on Forex market

Gann trading method on Forex market

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Harmonic patterns, market geometry & grid trading approach

Testing grid trading approach combined with harmonic trading. Some of such harmonics+grid ideas are presented by Ziemo here -> TradingArsenal Trading Systems

This is only 1 month results. So far so good, but too early to conclude. Couple of negative scenarios were identified.


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