Harmonic Trading - page 142

 

updated entries/stops

USDJPY, sell, entry->119.25, stop->119.76

AUDJPY, sell, entry->88.70, stop->89.08

EURUSD, buy, entry->1.2569, stop-> 1.2517

USDCHF, sell, entry-> 1.2649, stop-> 1.2700

GBPUSD, buy, entry->1.8590, stop->1.8525

 

Ziko, how long time do you use your method?

I'm curious if you can share some results for last months, maybe year...and for which pairs it works better...

REGARDS

 
ttt123:
Ziko, how long time do you use your method?

I'm curious if you can share some results for last months, maybe year...and for which pairs it works better...

REGARDS

ttt,

I've been testing my entry/exit method for the last 4 months, 90% of trades are on majors and H4 timeframe, averaging 20% return a month as I'm a bit conservative and don't risk more than 1% in each setup and don't have more than 5 setups open at the same time

I started posting live setups (no hind sight) here since 2 weeks ago, up till now we have 7 wins, 3 losses, roughly 600+ pips total profit, will contine to post live trades for another couple of weeks

 

Bravo

Good work ziko, keep 'em coming...

 

Thank you for answering, Ziko.

Would you comment the USD/CAD chart? Where is your entry?

REGARDS

Files:
usdcad.gif  16 kb
 

Hi Ziko ,did you change the short entry on USDCAD ?

 

Hi guys, a question from a newbie:

i have read tru some of the charts that u guys posted, i am abit confuse here, some of the pattern dosent match the pattern that i can find in harmonic website, i mean in terms of the fibonachi numbers:

my question here does it means that the numbers are flexible?

take bullish gatley for example:

the criteria that i know for a bullish gatley are:

1. completion of D at 0.786XA . (if i got 0.886 can i consider it as gatley?)

2.0.618 XA=AB (if i got 0.5 can it be gatley?)

3. cd=1.27bc/1.618bc

4. D>X

thank you, really hope some 1 can answer me here

 
ramshackle:
Hi guys, a question from a newbie:

i have read tru some of the charts that u guys posted, i am abit confuse here, some of the pattern dosent match the pattern that i can find in harmonic website, i mean in terms of the fibonachi numbers:

my question here does it means that the numbers are flexible?

take bullish gatley for example:

the criteria that i know for a bullish gatley are:

1. completion of D at 0.786XA . (if i got 0.886 can i consider it as gatley?)

2.0.618 XA=AB (if i got 0.5 can it be gatley?)

3. cd=1.27bc/1.618bc

4. D>X

thank you, really hope some 1 can answer me here

hi you are right. some people here apllies their own rules for creation of the patterns. i can tell you that i am trading harmonic patterns since 4 months. but i apply ALLWAYS the rules as i read in the book of Carney. In this case the same rules as you posted above.

Regards

 
ttt123:
Thank you for answering, Ziko.

Would you comment the USD/CAD chart? Where is your entry?

REGARDS

I didn't post the USCAD H4 bearish butterfly here but as you said there is a one,

entry->1.1324

stop->1.1375

 
ziko123:
updated entries/stops

USDJPY, sell, entry->119.25, stop->119.76

AUDJPY, sell, entry->88.70, stop->89.08

EURUSD, buy, entry->1.2569, stop-> 1.2517

USDCHF, sell, entry-> 1.2649, stop-> 1.2700

GBPUSD, buy, entry->1.8590, stop->1.8525

none of the entries got triggered, AUDJPY and GBPUSD were very close to getting triggered,

AUDJPY currently trading @89.12 and made a low of 88.74,

GBPUSD currently trading @1.8550 and made a high of 1.8588,

USDJPY currently trading @119.56 and made a low of 119.41,

it looks like the market will continue for another $ run,

the good thing is that we didn't get whipsawed by the last 24 hours price action and we may get a better entries on these setups or some setups may become no longer valid

note: all my price quotes/entries/exits are based on alpari feed,

Reason: