audusd gartley? — image not sure what to make of this...b=.786? definitely we have an abcd with prior resistance + descending trendline....a gartley? hard to make a butterfly case which is typically what you would expect with b @.786... the ...

trading forex using Gartley Patterns

eurusd gartley? — image not sure if it's a gartley or a bat, or nothing, but this just shows the fib convergence of ABCD=.886. Inside there is a potential b-fly pattern @1.27XA. Nice R:R at these levels

trading forex using Gartley Patterns

i'm new at this but will throw in my newbie view... i only see weakness in this picture, UHV bar followed by 5 confirming down bars, failure at a multi day pivot (thin blue line), the volume in asia for this baby is always declining so i can't paint ...

vsa with Malcolm

euraud Bat follow up — actually got there quicker than i expected, managed to get half my entry order done, was selling 1 part at ABCD and 1 part at .886...hope it can get back to the B point to square up

trading forex using Gartley Patterns

audusd bat — image fibs converge at declining resistance

trading forex using Gartley Patterns

hope you're both right and the test(s) wont be too painful for me...

vsa with Malcolm

yes, has helped my cadjpy and audcad possies very nicely

vsa with Malcolm

thanks, appreciate the reply... i do have a long eurgbp on a NS hourly so sort of have some exposure to the eu but couldn't see entry opportunity on the eu by itself (even with all the great comments from everyone to get long), this got me ...

vsa with Malcolm

gbpusd — if i'm reading this correctly, short-term, there is weakness in background with the high vol bar, and closing in the middle, since then a grinding crawl higher, hardly inspirational buying producing a ND (arrow) hopefully no kittens ...

vsa with Malcolm

ok got it, maybe just a matter of misconstrued nuance....actually the answers are all outside of you... it's whether or not you allow them in that determines your trading fluencey....you have to expunge a number of bad habits to make room for the ...

How to use the 123 strategy effectively

euraud BAT — image maybe a week or so premature but worth to keep in mind, daily decline resistance comes in just before XA.886 and 1.27abcd

trading forex using Gartley Patterns

i'm not bothered with a minimum number of bars, as if you break the time frame 1 lower down then you will always end up with the minimum number of bars... maybe it's required for the 5M time frame,i don't particulary enjoy the 5 minute time frame ...

How to use the 123 strategy effectively

what a silly comment....what do you think the forums are about...people are doing research by asking questions, which by definition is what research is, asking questions... you combine the answers and then sift out what does and doesn't work for ...

How to use the 123 strategy effectively

15m eujy has a potential set-up, and coming into prior resistance

How to use the 123 strategy effectively

it should be for both in theory the same as for futures... the tricky thing with fx it will depend upon your broker, if they fixed spread or ECN/STP then your have to add the spread to any stop buy entries you leave, unless you can watch manually ...

How to use the 123 strategy effectively

you do like to make it hard on yourself...what was wrong with the 1.3255 entry for your 2 point... you gave a lot of the potential upside away as risk? or maybe i should preface that question with, which strategy are you using, so that "simple'' ...

How to use the 123 strategy effectively

audcad H&S — i am working this as a H&S even though the right neckline looks like it belongs to Quasimodo... if it does work and can stay above support then it may set-up a bearish gartley.... yes, i know this is looking a little too far ...

trading forex using Gartley Patterns

suggest you go and re-read Paulus's strategies again...he sells tops, and buys bottoms, he doesn't buy tops

How to use the 123 strategy effectively

if you're following Paulus method then you are the wrong way around....he trades long,short,long,short... you would be following a successful long with another long which he has mentioned a number of times he doesn't do. Your 2 point should be your ...

How to use the 123 strategy effectively

depends on your trading style...some people aim for B point, others aim for A and 1.27/1.618 XA or portion their trades at various levels....or look for prior S/R to capture some profit..or .618 of CD A BAT is basically playing a double top so you ...

trading forex using Gartley Patterns