Very correct 38.2 which is what ideal bat pattern formation is from X to A. image You probability meant X to A not A to B.Your reference of almost double tops.Its actually .886 which is once again ideal bat.Please see diagram.

Ratios & Harmonics: a Different Way to Trade

There is obvious bat pattern forming on Euro so I am anticipating more short direction until 3150

Davit's Confluence Trading

Mr PiP You probabily noticed the obvious bat pattern on Euro on higher TF H4 I know you don't trade H4 however would you say probability is high for Bat completion?

Ratios & Harmonics: a Different Way to Trade

I trade Harmonics but not blindly.Reason it says possible reversal zone is because nothing is 100% however probability is high for price going up on PRZ. If price violates previous PRZ then we could be looking another ABCD pattern on down side. ...

My intraday signals

I have 2 boys as well and totally relate. I hope your family will recover quick. Regards

From mediocrity to mastery

example of AB=CD GU H4

Ratios & Harmonics: a Different Way to Trade

going long on dead market is like kicking a dead horse.By tomorrow you could be on opposite side. Having said this in harmonic perspective price is at PRZ (possible reversal zone)

My intraday signals

put this on your chart.Left lower is an example.

C-12's Supply, Demand and PA thread

Hi Don't take this wrong way.I don't understand how you could of had bad day on Euro when either selling or buying in 3305-3320 range I easily made 27 pips yesterday just selling on highs.I would of done that all night long had my broker not crash ...

From mediocrity to mastery

Made another 16 pips on Euro total so far +27 I am going to sleep.I got pending shorts at 8380 NU 3360 3385 3400 shorts on Euro in case of spike up. I would of taken more advantage of Euro but my account at MBtrading just would not take orders.Kind ...

Davit's Confluence Trading

Hi bro What do you consider current range.Thanks

Davit's Confluence Trading

Looking for 618 retrace on Euro C point could be 618 or higher 786 or 886 I have many limit shorts placed.2 already alive.Price so far hovering around 38.2 level.In harmonic trading shallower the retrace greater the extension

Davit's Confluence Trading

I am reading a lot these days specially about Harmonics. Currently Scott Carney vol 1 Very fascinating. He emphases repeatedly importance of .886 in harmonic trading and thought went in my head.I noticed price usually finds strong support just below ...

Davit's Confluence Trading

Hi George I made most profit trading NU basically shorting every-time PA hit above 8420 and closed below 8390area. This pair seems humbly predictable. Good trading.

Davit's Confluence Trading

Week starting with positive Pips +11 Pips on Euro. Reentered Shorts at 3320 2x I have pending short at 8380 NU which is 618 retrace ABCD possible formation. If CAD falls anywhere below 9850 I have multiple pending buys. Goal for this week 500pips. ...

Davit's Confluence Trading

Get a habit of using Fibs. Area to look for shorts are 618 and if fails 781 Notice 200EMA yellow dotted line. basically ABCD pattern. Pair correlations are important as well.If Euro falls say below 3300 expect AU to fall below 50

Trading journal of LE1 methods

I think part of the reason is most major currency countries are experiencing same regressions hence no clear strong or weak currency except Yen now. Here is my outlook for Euro

Davit's Confluence Trading

I made over 200pips on NU last week basically selling every-time Price hit 8420 and closed at 8390. It looks like NU won't break 84 anytime soon so looking for 618 retrace at 8380 level to short.

C-12's Supply, Demand and PA thread

Possible AB=CD or ABCD pattern forming on EJ Key area is 38.2 and 618.If price retraces sharply on 38 level then PA could extend to 1.618 FIb level on down side. IF Price retraces from 618 harmonic level then we could see AB=CD.Just copy AB leg and ...

C-12's Supply, Demand and PA thread

I find Semafor good for picking quick tops and mid points so placed it on my charts as well.Code is based on Zig Zag indi. Here is my outlook.Euro could come down to 3250 to complete the M shape and if 3250 breaks we could see continuation of Bear ...

C-12's Supply, Demand and PA thread