EUR/USD Daily Video, June 07, 2012

[WaveRider]

Sive,
I can't seem to find a Gartley patterns indicator that works. If the one you use is not copyright protected, can you profide a link to it? Thanks for your help and consistency.

 

[Sive Morten]

Sive,
I can't seem to find a Gartley patterns indicator that works. If the one you use is not copyright protected, can you profide a link to it? Thanks for your help and consistency.

Hi WaveRider,
Actually I do not use any indicator for determining of harmonic patterns. I do it manually and draw by shape tool of MT4.

 

[WaveRider]

Thanks Sive,

Wow, ok. You mean the triangle shapes tool? How do you derive the math for it? I understand there are fib ratios involved and need to relate to each other. I'm not sure how one could free hand draw that. Can you set me on to a resourse that wil show me how. Do you have a template in excel that provides the target numbers more easily? Am I making this too complicated????

 

[Lolly Tripathy]

Waverider, visit our "Forex Military School" and read
Forex Military School | Complete Forex Education by a Pro Banker - Forex Peace Army Forum
Chapter 17, Part I. Intro to Harmonic Patterns.

 

[samob]

price reach the target
buy EYR/USD at 1.2445 tp at 1.2620
profit : 3686$
sive morten you are a fortune's maker many thx

 

[Sive Morten]

Thanks Sive,

Wow, ok. You mean the triangle shapes tool? How do you derive the math for it? I understand there are fib ratios involved and need to relate to each other. I'm not sure how one could free hand draw that. Can you set me on to a resourse that wil show me how. Do you have a template in excel that provides the target numbers more easily? Am I making this too complicated????

You have to draw simple Fib extension, but vice versa. Then turn to tuning of it and add there 2 levels - 1.272 and 1.618. Triangles you may draw by Shapes tool of MT 4.

 

[nugroho72]

Sive,
I can't seem to find a Gartley patterns indicator that works. If the one you use is not copyright protected, can you profide a link to it? Thanks for your help and consistency.

yeah right, I also want the indicator if you are happy and willing to give a little knowledge before I thank you very much

 

[Sebastian Korytowski]

Oh yes i am short. More than half position closed at 60pips target

Thanks Sive. You are the man