so true, never trade your account, trade the price action. ie what you see. dont think about the monetary value of what you are doing. think in pips. Hard to do. I hide the little ticker box that shows how much im winning or losing on a trade with a ...

14 Year Old Forex Trader's Lessons

lol. it was a hangmans noose. the ascii picture didnt reproduce properly

Harmonic and Classic Patterns

|/| |/| |/| |/| |/| |/| |/| /¯) |/|// |/|/ (¯¯¯) (¯¯¯) (¯¯¯) (¯¯¯) (¯¯¯) /¯¯/ / ,^./ / / / / / / ( ( )/) | | |/| | | |/| | | |/| ( ( )/) / / `---' / -----'

Harmonic and Classic Patterns

I think trading as a career, has you constantly reading and updating your methodology. i must say this parsons guy has really shaken my methods and ideology. There seems to be two things that has revolutionised my practice. one is Balance magic, and ...

Harmonic and Classic Patterns

ah, so you only want free stuff. Hmmm.

Harmonic and Classic Patterns

hahha. not for a while yet i think. But yeah, its going ok. im using an additional method to confirm a reversal. Its by a guy called michael parsons, you should check it out. ive had some good results with using his balance points on the cd legs, ...

Harmonic and Classic Patterns

zup v107 — this is the latest zup file from the russians. I picked it up on another site, i dont speak russian but its not needed for the settings as previous versions have worked ok. I dont know the changes in this version. Perhaps someone ...

Harmonic and Classic Patterns

my apologies. KorHarmonics+[v6.7.13] has this ability. bextEmergingPatterns false/true. you can switch it on or off .

Harmonic and Classic Patterns

it will keep the pattern if valid, but if it the leg goes too far and invalidates the pattern then it will disappear. You should learn the fib ratios and recognise the charts without the software. you can draw the wings and see if the price reaches ...

Harmonic and Classic Patterns

This Murrey math is looking more and more interesting as a confirmation indicator for taking a trade off the harmonic patterns. Since the murrey maths is all about reversals this coincides perfectly with what we trade with the harmonic patterns. But ...

Harmonic and Classic Patterns

Thank you for sharing this indicator. can you offer any guidelines as to how to use it? perhaps a pdf file or some chart examples would help us learn its strengths and weaknesses.

Harmonic and Classic Patterns

my VG one seems to work best on the default of 64 for all TFs. changing it to 32 doesnt seem to work very well. my indicator only allows for a change in the 'P' value. i dont understand what the 'stepback' variable is so i leave it at the defualt ...

Harmonic and Classic Patterns

very interesting. i would welcome anything that will allow me to trade these patterns more often. This murrey math seems it may do the trick. I have found the attached files and am happy to share here. Are there any specific settings you have found ...

Harmonic and Classic Patterns

yes, i will only take a trade on the patterns if they marry with a line of support or resistance. I use supdem.ex4 you can change it for a specific timeframe. i like using the s/r lines for the H4 charts. I notice you trade the 5min timeframes. i ...

Harmonic and Classic Patterns

it can be annoying as their are differences with the data feeds. you can get as much as a 20pip difference depending on which feed you have. i find often there are discrepencies with my mt4 charts and my broker. That is why trading isnt an exact ...

Harmonic and Classic Patterns

nice find Cinder Man, lets hope it goes a bit higher and we can use the recent high to place a stop.

Harmonic and Classic Patterns

quite like this one. fits my criteria, in line with resisitance with more than 3 contact points. crab has more than 30 candles, giving it good structure. I would expect the trade to complete within a 12 hours period. (at least to the B point) got a ...

Harmonic and Classic Patterns

i used the value 0.2 because that was where the ivar was when i referred to the chart. it works on all tfs. traders have their preferences though. I use it on all tfs.

Harmonic and Classic Patterns

I never understand why they need to use such complicated vocabulary. Trading is a very simple thing to do, i say simple but not necessarily easy or else the world would be full of millionaires, but i think it needs to by hyped a little to give it ...

Harmonic and Classic Patterns