Harmonic Trading - page 440
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EURUSD H1. Found previous support and resistance around 127.2 to 150 fibonacci area and confirmed very nice divergence. I opened a short last night when the price nearly touched 138.2 fibonacci. I was so sure it's gonna go north. It reached my first target area but I haven't closed it yet because the pattern is also on H4 and RSI on H4 has not touched 30 level so I'll wait more.
GBPUSD H1. Similar to EURUSD.
thanks again for your reply, grandeavus..
sorry i dont know what you mean by the weakest leg? is that the shortest leg?
Could you give an example?
ThanksBearish Shark on UsdJpy M5
Indicator checks lengths of XA, AB, BC, CD legs.
Shortest leg is AB which is 44.5 (can be seen on info screen)
Minimum TP1 is 44.5 * 0.618 = 27.50 pips.
So first TP1 = D point - 27.50 pips = 101.161 - 27.50 = 100.886
TP1 should be calculated from D point not from order open price
USDCAD M30 long 75 pips. Nowdays previous support and resistance + RSI divergence + Harmonic patterns have been working very nice.
GBPUSD H1 short 90pips. I closed cuz there's a new pattern formed on M15.
USDCHF H1 long 105pips.
Hola Ryu Shin
can you post all indicators that you use with settings + template.
Thank you so, so much...
USDJPY M15 long 80pips. M5 short 35pips.
My chart is not showing the same with yours RyuShin .. What seems to be the problem?
Like I said before, I'm still testing the temp I posted. I added one more ZUP after I posted the temp. I'm still testing and trying to find better combinations and settings. Here's the updated temp. You need 6 harmonic indicators. ZUPv135 ALL HL 113, 123, 122, 120 NEN STAR, FxGroundWork Harmonics and Korharmonicsv6.7.13 (mq4 version that's recently posted in the thread).
Like I said before, I'm still testing the temp I posted. I added one more ZUP after I posted the temp. I'm still testing and trying to find better combinations and settings. Here's the updated temp. You need 6 harmonic indicators. ZUPv135 ALL HL 113, 123, 122, 120 NEN STAR, FxGroundWork Harmonics and Korharmonicsv6.7.13 (mq4 version that's recently posted in the thread).
I have tested your template and added ZUP_v113wsv53 5-0 new.mq4 (posted #4391) and seems quite good too.
Appreciate your template.
Best Regards
Chris