Harmonic Trading - page 125
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Beginner's Help
Hello Guys,
Please help us beginners with some questions, like in some posts above.
I've tried to trade Harmonics, I've read both books, for which I am very thankful, but still have a lot of problems in understanding.
Ie: Last week downtrend on GBP/USD, the patterns Crab showed few times, but always failed (only now is retracement).
So, my question would be:
I remember Kamyar writing that he trades only Gartley, Butterfly, AB=CD. Should I then ignore Crab and Bat?
Are some currencied have more possibility of pattern failure than others? How about GBP/USD?
Using indicators:
a. Harmony_06 vs. Harmonic Patterns: while the second one shows almost all patterns (almost all the time there is a pattern) the first one shows big patterns (over many bars). Putting these 2 together it's hard to distinguish "what should I do now? set target on small AB=CD, or on big Crab"?
b. Zup: when attaching to chart I see there are many colors, but after attachment it only shows dark-blue lines (to find patterns). How do I exactly use Zup?
Please, any advices for beginners? I've read this entire thread, and it seems so nice to have a system that would depend on no indicators but price patterns. But I'm still failing. Any suggestions?
Thank you,
George
Opportunity exists in USD/CAD??? A harmonic within a harmonic???
Please check it out and give comments. THANKS!
For Further explanations, please visit my site at www.AbuseYou168.BlogSpot.com
hi, i visited your blog and it is nice
what indicator do you use ? how we can find it ? free or for sell ?
hi, i visited your blog and it is nice what indicator do you use ? how we can find it ? free or for sell ?
Dear Deepdrunk,
No, I am not using any indicator. All my charts are done manually with the knowledge learned from www.harmonictrader.com. Please visit my blog frequently as I will always post charts before it happens. In this way, we can benefit each other always.
My site is www.AbuseYou168.BlogSpot.com
Good luck and wish you LOTs of PROFITS!
eur/chf ab=cd
hey guys what about this possible ab=cd on the eur/chf daily. would this be a valid pattern. thanks for any input just trying to learn
bullish butterfly on EURUSD H4
bullish butterfly on EURUSD H4
close 1/2 position @1.2700 -> +40 pips
move stop on 2nd half to breakeven
setup with entry/stop was posted hours before it happened
http://www.moneytec.com/forums/f46/collection-butterflies-17228/page224.html#post209044
close 1/2 position @1.2700 -> +40 pips
move stop on 2nd half to breakeven
setup with entry/stop was posted hours before it happened
http://www.moneytec.com/forums/f46/collection-butterflies-17228/page224.html#post209044move stop on 2nd half to 1.2685, take profit @1.2740
Harmony
Hi All,
I have just started using Harmonics with WCCI and FX Snipers Ergodic CCI.
I can not get Harmony 6 working!!
I am using MT4 build 197.
Anyone have ideas?
May I say a big thank you to all the contibutors on this thread and to Kaymar for sharing their knowledge.
I think you have saved my life!!