TomHall

How To Trade The Gartley Pattern.

FX:EURUSD   Euro Fx/U.S. Dollar
Hi Traders,

Above Is an illustration of a complete Gartley Pattern and the rules and ratios needed to trade this pattern.

First things first, grab your Fibonacci tool and draw from the X to A leg of the initial move or impulse leg.
The Fibonacci ratio's you are looking for are the 0.618% and the 0.786%, price MUST at least touch or spike through the 0.618% but not touch or exceed the 0.786%.
The price reversal zone is shown in the white box.

Now you have the B leg we are looking for the C leg which is a retracement of the A to B move.
Once again grab your Fibonacci tool and draw from the A leg to the B leg, you are looking for a minimum of the 0.618% retracement.
On the C leg the price reversal zone is a little wider, price MUST hit the 0.618% but not exceed the A leg, which is once again shown in the illustration above.

Once you have the X A B and C legs you are looking for the final piece of the jigsaw which is the D leg completion and the area you are looking to buy.
there are a couple of different ways to get the D leg however they both end up at the same price, for me personally I use the Fibonacci retracement tool.
To get the D leg take your Fibonacci tool and draw from the B to A leg which will give you a 1.272%.
Once price falls to the 1.272% all criteria's are met, at which point you would buy in anticipation that price will rise.

TARGETS:
When looking to take targets on this pattern the first step is to once again use your Fibonacci tool.
Take your Fibonacci tool and draw from the C to D leg, you are looking for the 0.382% and 0.618%.
If this is the method you are looking to use for targets you would have your broker take off half of your position at the 0.382% and the other half at the 0.618%
To protect the profits you have accumulated it is advised to move stop loss to breakeven once the 0.382% target 1 has been attained, thus giving you a risk free trade and money in the bank.

STOP LOSS:
When looking to place your stops there are again many ways this can be done, but should always be placed below the X leg.
Your risk reward should be a minimum of 1:1 on every trade to the 0.382%, if this can not be achieved then I would not personally take the trade.

CURRENCY PAIR:
This pattern like any other and is more profitable with certain currency pairs, you should do your own back testing on this before trading the pattern.

I hope this is a more in-depth insight to advanced patterns in particular the Gartley Pattern .
I am available via private message for any questions you may have.

WEBSITE:
www.UKForexSignals.com

DISCLAIMER:
Please note I am only providing my own trading information for your benefit and insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal.
Website: www.UKForexSignals.com
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Oztrade
a year ago
Nice work Tom, its great to see traders putting in the time and explanation to help those who don't fully understand advanced patterns. Takes a while to compose illustrations like this. Happy Trading This week.
+5 Reply
TomHall TOP Oztrade
a year ago
Thanks very much, appreciate it.
You also take care.
Reply
Cityfox
a year ago
Thank you, That is very helpful and kind of you. have a good week & take care...your a star.
+1 Reply
TomHall TOP Cityfox
a year ago
I hope it's beneficial :-)
Have a good weekend.
Reply
jabutheo1
a year ago
This is educational, i cant wait for the new week ahead Tom. Thank you
+1 Reply
Oztrade
a year ago
Hi Tom, do you always trade Gartley at the 1.272 Fib Extension - or do you use the analysis of the X leg to A Leg - 78.6% Retrace Level - Copy and Paste the A to B leg for an Equal Length C to D completion - and Then use the 1.272% Fibonacci Extension from A to B Leg - providing you with the Potential Kill Zone? As we know a perfect Gartley Pattern is where all the criteria is met being and exact 78.6% XA Retrace - 1.272% Ext and a perfect AB=CD move - maybe you could post this as well for the traders to see when we do not have a perfect Gartley.
+4 Reply
TomHall TOP Oztrade
a year ago
I agree, I will be subsequently adding additional information throughout the week.
Reply
ThomasJeff_DCM PRO Oztrade
a year ago
Oztrade its great to find your posts around the Tradingview, you are turning into a bad ass Fib pattern trader! You had your trade idea in the weekly trade idea E-mail dome weeks ago! It just makes me happy! keep at it! i´ve been down for almost 3 weeks last month because of the health issues, but i finished off with a 11,54% return for the month despike only 3 trading weeks. Keep the fear and greed away and go at it! Have a good trading week! Both to Tom Hall and you!

Kind Regards
Thomas Jeff
+1 Reply
ThomasJeff_DCM PRO ThomasJeff_DCM
a year ago
Ohh sorry despike only a week and a half trading week =D
Reply
Oztrade ThomasJeff_DCM
a year ago
Thanks for the kind words TJ - yeah Tom has great insight for many traders. And yeah hope your back is getting better every day. All the best
+2 Reply
TomHall TOP ThomasJeff_DCM
a year ago
Nice return on the month mate, keep up the good work.
+1 Reply
Thanks Tom, really cool to see your style of trading.
+1 Reply
TomHall TOP asiansupermarket
a year ago
Thanks very much!
+1 Reply
marcus123
a year ago
Excellent Tom!
+1 Reply
TomHall TOP marcus123
a year ago
Thank you.
Reply
Thank for the info Tom.
+1 Reply
TomHall TOP ForexTradeIdeas
a year ago
No problem at all.
Reply
OptimusPrime
a year ago
Beautiful. An absolute gem.
+1 Reply
TomHall TOP OptimusPrime
a year ago
Thank you, hopefully it is valuable content for everyone.
Reply
Kadhijah
a year ago
thanks you
+1 Reply
timmynorin
a year ago
Thanks
+1 Reply
aman...
a year ago
great..thks!
+1 Reply
adloule
a year ago
nice work, very helpful
what about the bat/Butterfly pattern if you can explain it that would be nic
thanks a lot Tom
+1 Reply
TomHall TOP adloule
a year ago
I will be looking to an illustration on them soon.
+1 Reply
adloule TomHall
a year ago
thank you very much :)
+1 Reply
ginnietx324
a year ago
Very nice. Thanks for the info!
+1 Reply
Neill
a year ago
Thank you, for taking the time and sharing your knowledge, I am relatively new to patterns and this was a great help!!!
+1 Reply
TomHall TOP Neill
a year ago
No problem at all, best of luck with everything.
Reply
Neill TomHall
a year ago
Sorry to be so forward, but, do you have similar explanations on the other patterns, if so how would one go about accessing them, once again THANKS
+2 Reply
TomHall TOP Neill
a year ago
I will be posting the Bat & Cypher patterns very soon.
+2 Reply
HP TomHall
a year ago
Thanks Tom. Appreciate taking the time to show and explain.
+1 Reply
TomHall TOP HP
a year ago
my pleasure.
Reply
Neill TomHall
a year ago
Thank you
Reply
TomHall TOP
a year ago
After the very positive feedback received from the Gartley Pattern explanation, I have drawn another illustration this time explaining my interpretation of the Bat Pattern
How To Trade The Bat Pattern.
+1 Reply
Neill TomHall
a year ago
Once again my imense appreciation for both Bat and Cypher explanations, THANK YOU
+1 Reply
TomHall TOP Neill
a year ago
My pleasure Neill, i hope it all helps.
Reply
TomHall TOP
a year ago
How To Trade The Cypher Pattern
How To Trade The Cypher Pattern.
+1 Reply
B120626 TomHall
a year ago
just a thought for newbies who may be confused by the terminology.
at point C, you refer to the "extension" of the A to B move.
The direction of the A to B move is downward, and the word "extension" would imply a farther move in the same direction downward.
The move from B to C is a "retracement" (reverse direction) of the A to B move, and an "extension" of that retracement reverse move. It extended beyond the point of origin.
Thanks
+1 Reply
kixszr54e3
a year ago
Pleases someone tell me how he eliminated the space between candles,
I would love to be able to do that on my charts.
+1 Reply
TomHall TOP kixszr54e3
a year ago
I had to draw each candle manually, you can't eliminate candles.
+1 Reply
ThomasJeff_DCM PRO TomHall
a year ago
It´s great you made all the patterns, or at least the ones i think is the best and most profitable and show TradingView users the correct ratios, there is sooo many people trading bad patterns that just destroy their profitability, and if they would just adjust slightly and to the " Correct " ratios their trading would turn a major corner. And as you write its soo important to backtest! Repetition is the mother of all skills! Keep up the good work i like to follow you and your new page. I know how much time i takes to make content for teaching so i really take my hat of to all that work you are putting out there.
+3 Reply
TomHall TOP ThomasJeff_DCM
a year ago
Appreciate the kind words.
I couldn't agree more, I think too many traders want to trade 20 currency pairs and trade anything, just because you have a good plan doesn't mean capital should be at risk on every setup, sometimes cherry picking the best is key.
I hope the information has helped some traders grasp the basics.
+3 Reply
Kadhijah TomHall
a year ago
thank you gentlemen
+1 Reply
doisdo
a year ago
Thank TomHall
+1 Reply
TomHall TOP doisdo
a year ago
No problem at all.
Reply
yossih
9 months ago
Thank You very much!
Could you write what kind of fib you use and from where to where you take it?
Thank you!
Reply
syracusepro
3 months ago
Anyone has done this for Trading View? Any code or study?
Reply
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