FX:EURGBP   Euro / British Pound
104 17
Long here
Do you know good place for the Cypher description, since harmonictrader.com doesn't have one ?
dp HarmonicGame
Excellent, thank you very much!

Regarding standard D-point Fib targets. As to best of my knowledge, harmonic patterns have been studied in details in the beginning of 90-es by relatively narrow circle of professionals. Later, the technology widespread into wider public, and as usually happens was "abused", which led to patterns partial destruction. As a result, nowadays, patterns do not work as perfect as used to be, and one need to know current statistics of realization of D-point.

That's what I heard from another traders.
Patterns do work and they indeed work, please visit my performance page at http://www.myfxbook.com/members/1sandeepgupta/patternman/856, I gained 78% long win% and 46% short win% aggregating 62% in all , I lost 10 short trades due to volatility on lower time frame. If I did not loose them, my win% would have been much better.After that I left trading on lower time frames, I trade only on 4H and D1 charts. Though it is true that not all patterns complete but when they complete, they give good results.
+1 Reply
dp Sandeep_Gupta
I visited your link, and it's empty with the message "Sorry, but this system was deleted by it's creator."

Also, is your statistics based on Forex tools, or equities and commodities also?
HarmonicGame Sandeep_Gupta
Impressive. Very sustainable.
dp Sandeep_Gupta
Thanks Sandeep, impressive results.
You can visit tradeempowered.com and view videos posted by Jason and Akil on youtube.com, the url are https://www.youtube.com/user/4xTradersLIVE and https://www.youtube.com/channel/UCVveEks3MWZqOsvzTF_LGQg, these resources were introduced to me by Dojitrader. They are very helpful to learn harmonic trading. I thank Dojitrader.
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