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).

Sunday, February 24, 2013

APAMI price movement indicator

TradingArsenal update email...

Dear User,

A very interesting insight was published on the forum recently.  Imagine an indicator that never repainted or lagged behind current price movement; instead it measures trending price action in real time. It is called the awesome price action movement indicator, or APAMI for short. Complete documentation, including a video overview of how it works, and a free download is available for you at this link: http://tradingarsenal.com/trading-systems/532-awareness-forex-system-apami-indicator.html

Let us know what you like about it the most (or least) on the forum thread.

Kind regards,
Trading Arsenal Team
www.TradingArsenal.com
http://www.facebook.com/TradingArsenal


Read more...

Friday, February 22, 2013

6 benefits of APAMI Forex indicator

6 benefits of APAMI Forex indicator VIDEO by the APAMI author. Well done!


To read more about APAMI indicator and APAMI system check: Awareness Forex System APAMI indicator

Read more...

APAMI indicator FREE download - finally!!!

Traders,
This is something I would like to recommend. APAMI indicator - very interesting concept and useful indicator for MT4 and MT5 platforms. It's zero lag, trend detection indicator. Can be combined with many different trading methods, including harmonic trading.


More on APAMI indicator here: Awareness forex system APAMI indicator

Read more...

Sunday, February 17, 2013

Shark pattern bad chart location

Each pattern has it's proper location.
Traders trying to pick up any of the pattern appearance on the chart are asking for failure. It's simple and hopefully obvious rule.

New threads dedicated to Shark pattern trading is under construction and will be available here -> http://tradingarsenal.com/shark-pattern-80/


Read more...

Tuesday, February 12, 2013

MT4 indicators will not find such harmonic patterns


Another complex zigzag pattern that it's unlikely to be found by common MT4 indicators for pattern recognition.

Check regarding the AMP indicator -> AMP indicator releases

Read more...

Saturday, February 9, 2013

Best two locations for the butterfly pattern


It was clearly explained here -> Butterfly pattern and Elliot Wave theory about the 2 best locations for the harmonic butterfly pattern.
To remind.
First, is at the end of impulse swing.


Second, is at the end of corrective move, example from EURUSD below.

Check the examples on the Forum.

Consider ignoring all the other butterflies. Note that harmonic pattern recognition indicators rarely analyse the location of the pattern on the chart, they often present butterfly pattern (meeting the Fibonacci price relations) in the wrong location. Now you should not be surprised anymore why so many of them fail. :-)

Read more...

Tuesday, February 5, 2013

Magic of the Pivot Points as trade entry confirmation

Yes! I use Pivots, especially pivot points confluence ( clustering ) from multitimeframe, example from today's EURUSD rally:

...but pivots for best effects should be combined with something. In my case, I successfully combine pivots with harmonic patterns trading, but if you are not fun on market geometry, you can combine pivot points analysis with your prefered methods.
For more on this topic check here -> Confirmation Techniques for the Gartley pattern: Pivot Points



Read more...