- Search Energy EXCH
- ChinaWombat replied Jul 29, 2010
cool thanks... gbpchf had is a nice one as well...almost perfect ratio's, can't win a trick on kiwi, or $jpy, but nzdjpy works out so far...go figure?
trading forex using Gartley Patterns
- ChinaWombat replied Jul 28, 2010
yup, seriously considering removing kiwi and $jpy from my portfolio btw, how do you define win?
trading forex using Gartley Patterns
- ChinaWombat replied Jul 23, 2010
i guess it depends how you define good and safe... Good = lots of pips, or quick n easy pips and squaring up before the weekend? depending on the number of lots your trading, tp1 for a safe tp would be 1*1 RR, or near todays low, but definitely ...
trading forex using Gartley Patterns
- ChinaWombat replied Jul 23, 2010
it's giving you a chance to get in at nicer levels than me, bit frustrating watching it rally back, but still holding (fingers crossed) while everything else rallies...good luck
trading forex using Gartley Patterns
- ChinaWombat replied Jul 22, 2010
still need to do manually... — while kor and zup are useful tools to help find patterns, nothing beats doing some manual prep for your self... kiwi the first chart shows my initial workings of a kiwi bat formation using b finishing at .38 and ...
trading forex using Gartley Patterns
- ChinaWombat replied Jul 22, 2010
@china correct me if im wrong the exit computation is .618 * CD= then the value you will get will be your take profit ?? i read it in the "Trading gartley 222" pdf that you posted my t/p's are usually 1.5/2.0*risk and then move to be+1, .618 AD, and ...
trading forex using Gartley Patterns
- ChinaWombat replied Jul 22, 2010
yup, that's very well known...he used 1/3 n 2/3, which doesn't take too much to extrapolate into fib's...as Larry and Scott have done and refined, with Scott breaking the patterns further down into precise formations which have their own seperate ...
trading forex using Gartley Patterns
- ChinaWombat replied Jul 21, 2010
Chart? you mean currency, or time frame? On the liquid mains they work down to 5 mins, but it's always nice to have confirmation one frame higher, and also only for London time zone...trying 5 min charts in asia will just destroy your account, and ...
trading forex using Gartley Patterns
- ChinaWombat replied Jul 21, 2010
well our little dutch cable trader must be wondering what to do with his shorts under 1.5230.... ouch, he has to buy them back higher
should learn the tools first.... will we have the bank now coming back to the market to ask for some 'scratch ...Cable Update (GBPUSD)
- ChinaWombat replied Jul 15, 2010
it can get up to 3.618, with xd 1.618, if they come together, and other supporting confluence, or candle, then worthwhile to consider for kor (not sure if i can post it here) url
trading forex using Gartley Patterns
- ChinaWombat replied Jul 15, 2010
this is where i think KOR edges ZUP out...i wouldn't have seen that pattern just scaning the charts
trading forex using Gartley Patterns
- ChinaWombat replied Jul 15, 2010
ozcad bearbat — never really paid that much attention to ozcad in the past but having made TP1 I think I shall watch it with more interest in the future..
trading forex using Gartley Patterns
- ChinaWombat replied Jul 14, 2010
sure, as it happened.... a more courageous trader could have earned some significant pips...
trading forex using Gartley Patterns
- ChinaWombat replied Jul 13, 2010
Hi Tankbeta, I'm not sure I understand your question. Trading patterns you mean harmonic's or general fib's? I don't have any files but recommend Larry Pesavento's latest book Trade what you see'', and all of Scott Carney's material. For less than ...
trading forex using Gartley Patterns
- ChinaWombat replied Jul 12, 2010
yes, that's my frustration with these claims....no one has shown any evidence (so far) that I can find, they are all quoting the same numbers but where is the evidence....attached is the equity study showing 45%. what is the difference between ...
trading forex using Gartley Patterns
- ChinaWombat replied Jul 12, 2010
I can't agree more on Toyogo's TP1 @.382% (of CD) as a number of patterns react of this point, to retrace against you....u can have a BE S/L after that As to success of the pattern, apart from a quantifiable equity study I have seen, which measured ...
trading forex using Gartley Patterns
- ChinaWombat replied Jul 12, 2010
did you do a visual look through to see if there were any patterns?
trading forex using Gartley Patterns
- ChinaWombat replied Jul 9, 2010
GY bear Gart — another interesting pattern, a gartley this time....i guess if the triple top in cable at 1.5240 (holds or doesn't) will determine the outcome
trading forex using Gartley Patterns
- ChinaWombat replied Jul 9, 2010
i'm generally pretty strict on XB and XD but it doesn't always work out... i like to have a pretty good looking XA impulse wave to begin everything (which is where indies sometimes fail) have to be flexible I think and need look for other supporting ...
trading forex using Gartley Patterns