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Harmonic Trading - page 2

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polo0258
19
polo0258  

Kamyar:

My first one, is this correct??

Files:
Shahzadfx
659
Shahzadfx  

Bat Bullish

Any Comments?

Files:
batbullish.jpg 122 kb
Shahzadfx
659
Shahzadfx  

Trade Setup

Shahzadfx:
Any Comments?

It seems good trade setup, lets see.

Files:
batbullish2.jpg 121 kb
Arta2015
1010
Arta2015  
polo0258:
Kamyar: My first one, is this correct??

hi polo

look if u want to reognize the pattern correctly the ratio must have good corealation.

take a look at the attached table in the link.this table is the most recent and accurant ratios for each pattern which a software(harmonic analyzer)uses for it's analsis.your's can not be a proper one.but your recognition is greate.

take a look at this link and the table and my description.from post#18

https://www.mql5.com/en/forum/173462

Arta2015
1010
Arta2015  
Shahzadfx:
It seems good trade setup, lets see.

you r welcom.yes i agrre.it can be a potential crab pattern and it reached the prz .but we should wait for a significant reversal signal.in some cases the pattern will fail.consider that no holy grail np 100% accurant!!

Shahzadfx
659
Shahzadfx  
kamyar:
you r welcom.yes i agrre.it can be a potential crab pattern and it reached the prz .but we should wait for a significant reversal signal.in some cases the pattern will fail.consider that no holy grail np 100% accurant!!

U r dead right.

But we can stick to our trading tactics.

We will enjoy this thread, again, thanK you for your help to understand patterns.

Happy trading.

SFX

Arta2015
1010
Arta2015  
Shahzadfx:
U r dead right.

But we can stick to our trading tactics.

We will enjoy this thread, again, thanK you for your help to understand patterns.

Happy trading.

SFX

hi shahzad look at the probable crab pattern here

Files:
1.jpg 109 kb
Shahzadfx
659
Shahzadfx  

lookin good

kamyar:
hi shahzad look at the probable crab pattern here

Lets see what happen with this one.

How you reach at profit target. I mostly don't follow the rule i.e. 618 of CD, nevertheless, i do 20 for 30 minute chart, 30 for an hr, and 50 for 4 hr, also consider other factor like key fib levels etc.

What should we do with all these patterns, are profit targets also, sometimes, based on patterns or else?

Thank you.

polo0258
19
polo0258  

Kamyar:

could you please tell me what is wrong with this pattern?.

thanks.

Files:
gbp_1_hrs.gif 12 kb
polo0258
19
polo0258  

and this last one, I really want to know if I am doing this right.

thank you very much.

Files:
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