sorry,, yes i did mean 78.6 but as for the rule of ABCD pattern as it shows on that picture, i am only pointing out the rule as by the "purple box zone" drawing. so i suppose there is a conflicting message between the " writen part of the ABCD RoE ...

Ratios & Harmonics: a Different Way to Trade

per Mr Pips rules the BC leg should end anywhere in the purple box and not touch or crosses the 71.8 retracement,, which on your chart it did just that going a bit too deep( crossed the 71.8)

Ratios & Harmonics: a Different Way to Trade

"Note: In a valid BC move, there must be a candle close beyond the 61.8%value. Failure to achieve a candle close beyond the 61.8% invalidates the move(this would be considered a Fibonacci failure which has no relevance to thispattern). An example of ...

Ratios & Harmonics: a Different Way to Trade

Hi Bary,,,,shouldn't the candle price of the BC leg close within 61.8 for a valid gartley (as per Mr Pips rule) ?

Ratios & Harmonics: a Different Way to Trade

thank you for the explanation,,, have a nice weekend

EURUSD

Hi,,, what is the pyramid formation ?

EURUSD

treat them separately,,, it will take a pattern much longer on the monthly TF to develop ( obviously) so by that time the H1 pattern PROBABLY would be done and dusted

Ratios & Harmonics: a Different Way to Trade

Hi everybody,, i really appreciate what few of you are trying to do experimenting different ways of trading the patterns, but please can we just keep this thread running the way Mr Pip likes it to be after all most of us joinned this thread to learn ...

Ratios & Harmonics: a Different Way to Trade

hi liemo,, that sounds good to me

Ratios & Harmonics: a Different Way to Trade

Hi Hamid and welcome to the thread ,, Gartley rules is for AB retraces at least to 61.8% of XA leg,,in this case here it is at 38.2% so NO Gartley

Ratios & Harmonics: a Different Way to Trade

Thank you

Ratios & Harmonics: a Different Way to Trade

Hello Foxy, what does "TWEEZER botoom or top" means? thx

Ratios & Harmonics: a Different Way to Trade

Hello and welcome to the thread, watch the links in Mr Pips first post on page one or alternatively all of his videos on you tube and the answers are there by his rules of engagement, otherwise it might get confusing with others different approach ...

Ratios & Harmonics: a Different Way to Trade

Hi Jason,, are these spreads available on micro lot accounts?

Ratios & Harmonics: a Different Way to Trade

the problem with FXCM spreads is that they are not fixed (variable) which in volatile sessions they'll vary a lot, and to my understanding you need big funded account to be eligible for a low spread. however Capital Spread they offer a 1pip Fixed on ...

Ratios & Harmonics: a Different Way to Trade

Have a good weekend everyone

Ratios & Harmonics: a Different Way to Trade

confluence of a minimum AB fib extension of 1.272 and the harmony measuring from C to D equalling that of A to B

Ratios & Harmonics: a Different Way to Trade

a potential AB=CD

Ratios & Harmonics: a Different Way to Trade

yes this is an ABCD pattern, as for agressive C target it should be a fib extension of 1.272 of the AB leg as for S/L i would personally place it a bit more than 10 pips above A ( considering the high TF), than PRZ draw a retracement of A to D and ...

Ratios & Harmonics: a Different Way to Trade

but if it wasn't for the news that pattern was setting itself nicely for a Bat but than 13.30 GMT Draghi spoke and the Euro took a dive

Ratios & Harmonics: a Different Way to Trade