Why the oval , Can you explain why you marked that specific area please?

Ratios & Harmonics: a Different Way to Trade

Sorry, pattern failed already.

Ratios & Harmonics: a Different Way to Trade

Found a 'Potential' Gartley setting up that meets the rules with the D of an ABCD completing on the 78.6 image

Ratios & Harmonics: a Different Way to Trade

Mr Pip, with an aggressive C sell do you move to BE at 38.2 and TP 61.8 of B to C . Having thoughts of an extended target at a possible D around the 127 ext, just closed in profit at 61.8 and as I write it's testing the 100% ? image

Ratios & Harmonics: a Different Way to Trade

Thanks redpip , your correct I didn't move my stop to quickly but am a break even +1 now . I see X as structure and adding confluence to the PRZ but having a prz between 88 and 100 % of X to A may invalidate the Gartley pattern I'm not sure?

Ratios & Harmonics: a Different Way to Trade

I didn't label the pattern or draw the Gartley but I've got the fibs everywhere. I'm hoping this is an aggressive C ? image

Ratios & Harmonics: a Different Way to Trade

I don't understand how you decided these target points on trade one and three. Trade one target between the 50 and 61.8 , Trade two only to the 38.2 I thought target would have been the 61.8 ? Can you help me to see what you did please?

Ratios & Harmonics: a Different Way to Trade

Took the same trade but on gbpjpy

Ratios & Harmonics: a Different Way to Trade

So do you keep the original A point or start again even though the retracement doesn't come back to the 38.2 as the structure to the left helped create this? image

Ratios & Harmonics: a Different Way to Trade

A Cypher in light green, Gartley in blue image and ABCD all completed and I wasn't watching this pair so missed it.

Ratios & Harmonics: a Different Way to Trade

I'm looking at hopefully an AB=CD on a CD leg of a potential Bat pattern for some confluence image

Ratios & Harmonics: a Different Way to Trade

I believe it's valid, what I also liked was the AB=CD that formed on the CD leg and both D points were exactly the same image

Ratios & Harmonics: a Different Way to Trade

Might be a three drive pattern or an Elliot wave five count? ( over analyzing )

Ratios & Harmonics: a Different Way to Trade

Thanks Ezzy, I do see a bit of structure on the daily chart , don't know how relevant it will be, if at all . I've been trading Bats and Cyphers using limit orders with success and haven't worked on the basics, lol . Now I have a better ...

Ratios & Harmonics: a Different Way to Trade

I've entered the EURGBP 4 hr short at 0.8280 after the market opened , I hoped that price would immediately drop to fill the gap but it wasn't to be. I do see it as an ABCD , all comments welcome image

Ratios & Harmonics: a Different Way to Trade

I rounded to 1.0595 and got taken out with two different Australian brokers , both went to 1.0597 on the candles not including the spread, thought your stop was higher from what I could see on your chart. Can't even blame my broker when I have two ...

Ratios & Harmonics: a Different Way to Trade

Mr Pip, How did you determine your stop for this AUDUSD 4hr at 1.0615 please ? I placed mine only 10 pips above X and unfortunately that didn't work by about 4 pips including the spread , wanted to keep it tight with all the warnings of a ...

Ratios & Harmonics: a Different Way to Trade

Sorry , here it is with the X leg - as measured as well as I can the D completion actually exceeds 78.6 a little bit if each leg were to turn on a dime at the 61.8 , I guess this is where back testing and fine tuning rules of engagement come into ...

Ratios & Harmonics: a Different Way to Trade

Yes the perfect pattern does with a 61.8 retracement making it an ABCD image

Ratios & Harmonics: a Different Way to Trade

It maybe an invalid Gartley or Bat, I've been trading Bats that after entry have formed double tops entering at 88.6 with a stop above X and been doing ok. This one I decided to wait for the ABCD completion at 127 ext which gives me 20 pip stop for ...

Ratios & Harmonics: a Different Way to Trade