Wall Street bull

Wall Street bull ;-)

Market Correlations explanation

Market Correlations explanation.

Nicely presented ...

market Correlations explained

harmonic Bat pattern Reward:Risk ratio

Bat pattern Reward:Risk ratio - case1

Bat pattern Reward:Risk ratio - case2

For the details regarding the Bat pattern and Reward:Risk ratio check this thread on the Forum: harmonic Bat pattern Reward Risk ratio

XABCD harmonic diagonal pattern example

Today's EURUSD XABCD harmonic diagonal pattern:

To learn more about the XABCD diagonal pattern check out this thread -> XABCD diagonal pattern definition

These XABCD diagonal patterns together with harmonic Butterfly patterns allow to spot the very exact market tops and bottoms, so to enter the trade at the begining of new trend. Amazing ... if confirmed properly.

Gartley pattern Entries Exits StopLoss

You may check first the previous post where is the Gartley first natural Exit presented (Entry, Exit/Take Profit and StopLoss). Since the proper Gartley pattern is a correction (corrective move) the impulse must follow and this impulse must take/reach the previous high (Gartley pattern point A) -> Gartley pattern Reward Risk ratio

Here we go even further, the Gartley pattern in the proper location should forcast the start of the strong impuls wave (Wave3 in EWA/Elliott Wave theory). Such impuls reaches 161.8% of the initial impulse move (XA swing), therefore we place the Exit at 161.8% of XA measured from point D.

Gartley pattern Reward Risk ratio

For the details regarding the Gartley pattern and Reward:Risk ratio check this thread on the Forum: Gartley pattern Reward:Risk ratio
Since the proper Gartley pattern is a correction (corrective move) the impulse must follow and this impulse must reach the previous high.

Scenario when the impuls reaches 161.8% Fibonacci of the XA swing is presented in post Gartley pattern Entries Exits StopLoss

Extreem butterfly bullish pattern

extreem butterfly bullish pattern

Here you can find the definition of ideal and tradable harmonic butterfly patterns -> Ideal and Tradeable butterfly pattern

Tradeable scenario description gives examples of 2 extreem cases. Today we had one such on USDPLN, see the attached example. Very precise, harmonic butterfly pattern, ...very powerful if located correctly, ... btw: additionally confired by several methods we described in Butterfly pattern confirmations

All the Best in 2013!