THE PERFECT BUTTERFLY PATTERN NOTE: Images taken from the books on Harmonic Trading by Scott Carney The Perfect Butterfly Pattern is very similar to the Butterfly Pattern except that the C Point Retracement is a range between 50.0% to 88.6%, compared to the Butterfly Pattern which starts from a range of 38.2% to the same 88.6%. Let us take a […]
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THE BUTTERFLY PATTERN NOTE: Images taken from the books on Harmonic Trading by Scott Carney The Butterfly Pattern is very different from all the Patterns we have studied so far because of its B Point Retracement of 78.6% more than the Bat’s 38.2% and the Gartley’s 61.8%. Let us take a look at the features of the Butterfly Pattern: a. […]
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THE ALTERNATE BAT PATTERN NOTE: Images taken from the books on Harmonic Trading by Scott Carney The Alternate Bat Pattern is very similar to the Bat Pattern except for the B Point Retracement. In the Bat Pattern the B Point Retracement is a range from 38.2% to 50.0% while in the Alternate Bat Pattern it is an exact 38.2%. Unlike […]
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THE PERFECT BAT PATTERN NOTE: Images taken from the books on Harmonic Trading by Scott Carney The Perfect Bat Pattern is very similar to the Bat Pattern except for the B Point Retracement. In the Bat Pattern the B Point Retracement is a range from 38.2% to 50.0% while in the Perfect Bat Pattern is an exact 50%. Let us […]
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THE BAT PATTERN NOTE: Images taken from the books on Harmonic Trading by Scott Carney From the above figures, do you notice anything different compared to the Gartley Pattern? You are right. The Bat Pattern is different from the Gartley in terms of the B Point Retracement. This time the B Point Retracement is a range from 38.2% to 50.0%. […]
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THE PERFECT GARTLEY PATTERN Note: images taken from the books on Harmonic Trading by Scott Carney The Perfect Gartley Pattern has all the features of the Gartley Pattern except for the following: a. Exact 61.8% retracement of the B point. . You will recall from our last lesson that the B point retracement for the Gartley is a range […]
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THE GARTLEY PATTERN NOTE: Images taken from the books on Harmonic Trading by Scott Carney The Gartley Pattern is also called the Gartley 222. The term originated from the fact that the Pattern first appeared in H.M. Gartley’s book, Profits in the Stock Market, and you guessed it right, it is on page 222. The Pattern as […]
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THE AB = CD OR THE LIGHTNING BOLT PATTERN Harmonics dates back to ancient times and has its roots in Sacred Geometry. Sacred Geometry has been associated with names like Pythagoras and Euclid. The belief in proportion and harmony has been intricately linked throughout history to the Golden Mean. In the realm of mathematics 1.618 is known as […]
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TRT ICHI MONICS – The Trading Signals of Ichi Moku Kinko Hyo and the Trading Parameters of Harmonics THE TRADING SIGNALS OF ICHI MOKU KINKO HYO The Responsible Trading System is continuously evolving and we are always on the look-out for best practices in trading that could enhance our trading edge. We have already explored the Ichi […]
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