Harmonic Trading - page 206

 

It's safe to short. Stoch (14,3,3) just crossed down 76.4 level.

 

Butterfly in progress. There's a bullish divergence too.

 

Don't sell yet. Wait until Stoch (14,3,3) crosses back down to 76.4 level.

 

euro$ Gartley

Look for buy signal confirmation in the next day or 2.

1.618 has been reached in the last a,b=c,d of the gartley.

kind of difficult pattern to get the right starting point from. Theres 4 possible starting points that effect the measurements. So I just went on when the a,b=c,d finished its pattern.

Dave

Files:
gartley.gif  41 kb
 

Watch this pair, EURCHF, H4. I could be wrong. It's close to the "Three Drives Pattern".

http://i43.photobucket.com/albums/e390/freelancer2k/forex/eurchf06052007a.gif

 

HI Guys,

Maybe this question is been asked already severall times but hopefully you understand me that I don't have the time to scroll true all postings.

Wich indicator is around that predicts the D leg ?...

Thanks a lot in advance...iGoR

 

Hey Igor,

its GBFXINC from pal talk,

I believe the answer to your question will be found in the newer version of zup, zup 62. I believe it draws a box around the area of point D. I just noticed it today so i hope you get this, this weekend. If not, i will tell you in the chatroom on monday.

Here is the link to the thread containing the newest ZUP indicator:

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

See you on monday,

Brandon