Harmonic Trading - page 19

 

here is a potential sell setup.however the pattern is not an ideal one but it can be a good oppurtunity

 
dennyb:
it seems complex, i dont know how to calculate the pattern by manual

hi denny

i should say it is very simple just needs training

take a look at this link

https://www.mql5.com/en/forum/173439

 

here is the result of above pattern it has not hit the tagets yet........

 

great, usd/jpy make a low at116.40,

 
dennyb:
great, usd/jpy make a low at116.40,

thanks denny

here is the final result of the above patter.both targets are hit

 
kamyar:
an ideal pattern with its confirmation in daily time frame

hi kamyar, it should be 0.768, not 0.764, so its a false pattern, right?

 

hi dwnny

no it is a right one

look there is littele diffrence between 0.786 and 0.764 levels.and i have read about the diffrence some whre that it is depended on broukers.i mean if u use default retracement tool in platforms u can see that the default value is 0.764 and according to my exprience 0.764 work some how better tham 0.786 also as i said the diffrenece can be ignored .to put it simperly i use 0.764 instead of 0.786.

thanks for your attention

 

hello

kamyar hello !

what are those arrows on your charts?

is it an indicator

thanks for the reply

 
currencyshmuck:
kamyar hello !

what are those arrows on your charts?

is it an indicator

thanks for the reply

hi

yes it is

it is silver trend indicator and i put them on my charts as a habbit nothing else

 

hi kamyar, ignore it? what are the max error?

Reason: