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- itinerant replied Jan 28, 2013
Bearish Gartley on EURUSD 1M retraced to just shy of the 61.8 mark, tying up nicely with the conclusion of the ABCD pattern. For that reason, I considered that the exit for the trade. Would others have carried on?
Ratios & Harmonics: a Different Way to Trade
- itinerant replied Jan 28, 2013
I'm confused on this one... The Advance Pattern Reference Guide seems to show that a bearish butterfly's BC leg should retrace to 38.2 - 50.0 of AB. But on this chart is seems to show a BC retracement right down to 88.6 of AB?
Ratios & Harmonics: a Different Way to Trade
- itinerant replied Jan 28, 2013
I appreciate that: We haven't covered butterflies in this thread yet; and Mr. Pip uses slightly different ratios for his formation (even though other formations could be perfectly valid in other systems) but does that fail the 'Mr. Pip' butterfly ...
Ratios & Harmonics: a Different Way to Trade
- itinerant replied Jan 27, 2013
OK, thanks for clearing that up
Ratios & Harmonics: a Different Way to Trade
- itinerant replied Jan 27, 2013
GBPJPY D point confluence of 127.2 AB extension, 78.6 XA, plus the completion of a smaller AB=CD pattern. SL to BE as retraced to 38.2 AD... now just to see how far it goes.
Ratios & Harmonics: a Different Way to Trade
- itinerant replied Jan 27, 2013
Hello Mr. Pip, In your ABCD ROE: Contrasting this with the Gartley ROE: Why when dealing with a Gartley do you not favour trailing the stop to structure (like with ABCD)?
Ratios & Harmonics: a Different Way to Trade
- itinerant replied Jan 24, 2013
Hello Mr. Pip, I have a question about Aggressive C Buys/Sells which I hope hasn't already been covered. At the point when you enter such a trade, other patterns still have not been ruled out (for example, the creation of a Gartley). The trade rules ...
Ratios & Harmonics: a Different Way to Trade
- itinerant replied Jan 24, 2013
Thank you to all the contributors for such an informative (and friendly!) thread. A profitable aggressive C sell with market flow on AUDUSD M15 a few hours ago
Ratios & Harmonics: a Different Way to Trade