Don`t read this thread..Make Money with it. - page 27

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Sergey Golubev
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106089
Sergey Golubev  

Forum on trading, automated trading systems and testing trading strategies

Market Condition Evaluation based on standard indicators in Metatrader 5

Sergey Golubev, 2013.01.31 16:30

Why false breakout? Look at the image (this is Merrill's patterns for downtrend):

 

and look at GBPUSD M1 chart for now:

 

So, the pattern on GBPUSD chart is same as M3 Merrill, right? And the evolution of this M3 pattern was on the following way: M8 - M4 - M3. That is why it was false breakout.

 


Sergey Golubev
Moderator
106089
Sergey Golubev  

Forum on trading, automated trading systems and testing trading strategies

Market Condition Evaluation based on standard indicators in Metatrader 5

Sergey Golubev, 2013.01.31 16:51

Merrill's patterns for uptrend:

 

 

and it looks like W10 with evolution as W4 - W5 - W10:

 

 


Sergey Golubev
Moderator
106089
Sergey Golubev  

Forum on trading, automated trading systems and testing trading strategies

Best method to identify trend in forex

Sergey Golubev, 2018.06.29 08:09

Chart Patterns for Futures/Equities/Options/Forex Traders


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I placed those pictures/illustration about patterns just to keep everything in one place.

Just an example with gartley bullish (the developing pattern):


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