[OAC]

Originally Posted by traden4x »

Thanks OAC,

Yes all pretty common price action strategies.

They may be very common price action strategies for you and me, but very foreign to 99% of the members here, sad to say.

[traden4x]

OAC,

Yes very true. I am trying to find a few or a small group of traders that want to work together and trade. I mean those that have the understanding that is needed and along the way the newer traders learn from it. It makes the time much more beneficial and enjoyable if you can find that.

Cheers

[traden4x]

Looking at this for possible D leg target if 88.6 holds. 400 pip target.

[traden4x]

EY went past 88.6 so long projection is invalid. Did ride the 15min setup short and still going.

[traden4x]

For those interested, here is a word doc, fib price patterns, that shows several of the harmonic patterns and the fib values with a description. The doc harmonic patterns values is the same but without words so pics are easy to few and in the order of growing fib values for each successive pattern. The 5-0 doc is written by Scott Carney www.harmonictrader.com. It explains another setup.

Hope this helps a little. More later.

Carl

[traden4x]

Setup to watch, USDCHF daily inside bar in a harmonic pattern. I haven't done any projections yet but will be watching the lower TF's for entry confirmation.

EURCAD is in a harmonic pattern, watch the lower TF's.

[traden4x]

This pic is a potential 5-0 pattern. The fib levels don't match completely with what is in the pdf but one of my goals is to log and evaluate fib levels for each currency pair and validate the actual fib levels and and hopefully timing as well for these patterns. Lets see if this long signal works out.

Trade update, 11 mins later +28 on the trade. Out @ 50% level.

[traden4x]

Setup for a 1min trade. looking to grab the D leg of a potential gartley, bat, crab or butterfly pattern. I will look to close this in < 60 mins due to timing completion.

Out of the trade 22 mins in. +11