Harmonic Trading - page 380

[Mike]

Here is a fresh trade , AUD/USD , SL 15 pips TP 40 Pips ..

[Mike]

thanks for your response , let's see what other members have to say as well

[ozan]

Bullish Butterfly on UsdCad H4

[ozan]

Bullish Gartley on UsdCad D1

[Leo]

Mike_Mike:
Here is an example :

- Bearish Pattern after break of Upper band , TP 1 and 2 Hit

- Bullish Pattern after break of Lower band , TP 1 take

Nice idea Mike_Mike! I usually look at supports and resistances but this one seems to be reliable too

[nigelpknight]

Mike_Mike:
thanks for your response , let's see what other members have to say as well

Mike thanks for sharing, this thread is called Harmonic Trading, so it is important to know how to best trade the many patterns that ZUP finds, ZUP is a tool and we all need to share how we get the best out of it.

I trade BB and follow rules, a Band to Band move is normally followed by a test of the BB 20 MA, which is your TP1. So if an Harmonic pattern gives you extra conformation, look at your back test results and see if a Band to Band move happened prior to the pattern forming, this might increase your success rate or trade this set up with bigger risk.

I trade these patterns with divergence and am having an EA coded which will make BT much quicker.

[Bes]

Hi all! I also like harmonic pattern

plan

[ozan]

Bes:
Hi all! I also like harmonic pattern plan

Welcome to community Bes. May the harmonics be with you.

[[Deleted]]

grandaevus:
Welcome to community Bes. May the harmonics be with you.

Could you please take a look at your PM ?

[ruifukang]

Case: Fibonacci expansion line used for harmonic mode is very good, you can try a new harvest!