Harmonic Trading - page 48

 

yeah U are right its not ideal but it is still true.

 

bearish gartley, usdjpy, 1H

 

bullish butterfly, AUDUSD, 1H

 

We have a small problem with imageshack, we are unable to see pictures hosted by imageshack !!

ziko , is it possibe to use slibe.com instead?

Thanx

Ramin

 

 
Ramin:
We have a small problem with imageshack, we are unable to see pictures hosted by imageshack !!

ziko , is it possibe to use slibe.com instead?

Thanx

Ramin

hi ziko

the same problem.use the image hosting site that Ramin suggested and u can use www.xs.to too.

thanks

 
Ramin:
We have a small problem with imageshack, we are unable to see pictures hosted by imageshack !!

ziko , is it possibe to use slibe.com instead?

Thanx

Ramin

 
ziko123:
I'm still trying a proper enter/exit strategy for these patterns,

u will c I'm painting the CD Fibo level to guide me for the entry/exit

enter trade at the 23% fibo, stoploss at the 0% fibo, target profit at the 68% fibo, move stop to break even when reaching 50% fibo.

so every trade has a 2:1 reward/risk ratio

if 50% of the trades are wins and 50% losses then we end up winning coz of the 2:1 reward/risk ratio

hi ziko123, your strategy seems great, would u share the indicator with us, let's test it together

 

I'm still trying a proper enter/exit strategy for these patterns,

u will c I'm painting the CD Fibo level to guide me for the entry/exit

enter trade at the 23.6% fibo, stoploss at the 0% fibo, target profit at the 61.8% fibo, move stop to break even when reaching 50% fibo.

so every trade has a 2:1 reward/risk ratio

if 50% of the trades are wins and 50% losses then we end up winning coz of the 2:1 reward/risk ratio

 

so this is a possible setup, will take when it breaks the 23.6

Reason: