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- ChinaWombat replied Sep 7, 2010
gbpusd bear gartley — news out in a few hours on gbp but this has some nice charactristic's
trading forex using Gartley Patterns
- ChinaWombat replied Sep 7, 2010
gbpaud bearish — interesting confluence in gbpaud 1H but beware we are near critical daily lows. for a gartley we have nice 1.27 BC@ 1.6945, with .786XA at 1.6945, some nice past S/R at similar price, and a downtrend line which may offer ...
trading forex using Gartley Patterns
- ChinaWombat replied Sep 7, 2010
good job on the kiwi, it has produced a very nice result, just picked up 50 pips for tp1, and BE+1 now, and now see if the bearish B-fly can continue the job. I saw the audusd pattern and left some orders at .9160 overnight hoping that the kiwi ...
trading forex using Gartley Patterns
- ChinaWombat replied Sep 7, 2010
nzdusd bear Bfly — I missed the opportunity last week on kiwi 4H but there is a tiny weeny gartley that might be forming on the 30M which may (or may not) provide an entry point to get short. orders at .7225, chop out at .7270 (above prior ...
trading forex using Gartley Patterns
- ChinaWombat replied Sep 7, 2010
gbpusd early patterns — The triangle may provide some nice opportunities shortly #1 1H chart still early but potential BAT forming, though again the confluence for fibs is at 1.5455/60 for gartley, but trendlines and prior resistance is at ...
trading forex using Gartley Patterns
- ChinaWombat replied Sep 6, 2010
eurcad Bartley — curious confluence chart #1 I initially worked it as a BAT, but even that was messy as B missed .382 by a whisker so may not even be valid but nice XA and BC confluence 1.3202 n 1.3197 but no other supporting factors. The ...
trading forex using Gartley Patterns
- ChinaWombat replied Sep 6, 2010
audjpy daily gartley — interestingly the .786 retracement is also the .786 of the previous bullish bat but the trendline might prevent us from getting there..
trading forex using Gartley Patterns
- ChinaWombat replied Sep 1, 2010
AU — b=.5 so shud be looking for XA.886@ .9170 where we have past resistance, and daily trendline coming in but abcd = .9121 & 1.618BC=.9136, and .786@ .9125 so i'm placing orders at both to see which has more confluence @AT67 I had a short ...
trading forex using Gartley Patterns
- ChinaWombat replied Aug 30, 2010
I'm struggling to develop the Gartley manually, and what confluence I had has, as you said, been blown through. I'd be more comfortable trading it as double top rather than a gartley formation. I'd be looking for the attached formation if the double ...
trading forex using Gartley Patterns
- ChinaWombat replied Aug 30, 2010
many thanks Kor, Any help you provide to improve the success rate of gartley is most welcome...As with Gilmores butterfly, & Carney's Bat & Crab are based on fib ratio's I tend to drag them back to gartley, especially based on Carney's ratio's. I ...
trading forex using Gartley Patterns
- ChinaWombat replied Aug 28, 2010
you look for confluence of bc, ab=cd, s/r and trendlines, and candles...have you got any of Carney's books, or his patterns with the ratio's? All the information is there...
trading forex using Gartley Patterns
- ChinaWombat replied Aug 27, 2010
[quote=At67;3982154] the common denominator is human emotion....people will still do things that have a negative effect on them on the understanding that they know this will be as bad as it gets. there may be a 'new paradigm' (just love that over ...
trading forex using Gartley Patterns
- ChinaWombat replied Aug 27, 2010
Hi AT67, I find re-reading some of my posts can quite easily put me to sleep
You're right about the ABCD's , they're intrinsic to all the patterns, however I do leave them out of the analysis as I feel I might be getting too detailed, or it ...trading forex using Gartley Patterns
- ChinaWombat replied Aug 27, 2010
Hey Ross, The fibs on my chart are just the fib function dragged on. The fib's on Kor can be adjusted to on-off via the indicator. How can i help with entry points?
trading forex using Gartley Patterns
- ChinaWombat replied Aug 27, 2010
great work on your indi Kor...really appreciate it, your 3 drives coding is very nice as it has worked consistently everytime I have been fortunate enough to have scanned through and spotted one... happy to assist your good work anyway that is a ...
trading forex using Gartley Patterns
- ChinaWombat replied Aug 26, 2010
audusd bat-crab? — interesting formation on the audusd, crab at [email protected], with BC3.618 at .8956, which isn't great confluence, but acceptable with the pivot at .8983. If you take it as a Bat from X.8983, then the XA.886 comes in at .8959, ...
trading forex using Gartley Patterns
- ChinaWombat replied Aug 26, 2010
yup, the market gods never give you what you want, but you get what you need.... apologies to mick jagger
now we just wait n watch...must be some paint drying somewhere to keep us occupied.. and it's still a great town!trading forex using Gartley Patterns
- ChinaWombat replied Aug 25, 2010
eurusd Bat — on the smaller time frame i have BAT formation on M15/30 for eurusd. in a perfect world it will drop to give me at least a BE trade and still keep my long eurusd position open (which is now a BE trade). nice tight convergance ...
trading forex using Gartley Patterns
- ChinaWombat replied Aug 25, 2010
usdcad — the area in blue is the only point i could consider selling usdcad based on the butterfly formation as is... no other confluence i can see..
trading forex using Gartley Patterns
- ChinaWombat replied Aug 25, 2010
eurusd gartley? — after posting that 5-0 on the eurusd showing the 50% retrace, I played around with the gartley and came up with this... .886 and 2.618BC come in at 1.2615/18. I'm struggling here for other confluence especially with that ...
trading forex using Gartley Patterns