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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