CapnOscar
Short

Lets see if this gonna work EURUSD

FX:EURUSD   Euro / U.S. Dollar
162 13 4
Lets see if this pattern work out.. Leg C see should stay below A.. Opend 2 shorts with 2 TPs.. Risky yeah.. worth to try? hell yeah
First, I hope it works out for you, dude. I wish the best for every one. But, being a STRICT harmonic trader (meaning I stick to the rules), Alexander is correct. There isn't any rule within harmonics that says to sell/buy C points. I trade using many tools. Harmonics is just one of them. I agree with you in that price action is also my number 1 tool in determining trades to take. But what do you think harmonics is about? It's based on price action first and foremost! But actually quantifies it and puts hard numbers to it.

OK. So you say you are not a harmonics pattern trader. Then why then you draw a harmonics pattern on your chart? I'm not writing this to criticize you, bro. I'm doing it to hopefully educate and help. I don't know your experience with trading and don't presume that you are new to trading either. But I've been trading for 20+ years so I do know a thing or two.

It's just my 2 cents worth. Take it how you want but I hope the best for you, man. By the way, here's my post on the correct pattern happening right now in this pair. I believe Alexander also showed it in his comment.
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CapnOscar EverythingForex
I respect all your comments.. but.. whats this " OK. So you say you are not a harmonics pattern trader. Then why then you draw a harmonics pattern on your chart? " Is there a law against some traders cant try to draw harmonics whatsoever? .. just asking?
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No. You are correct. You are allowed to draw anything you want. A donkey. A horse. A camel, etc., etc. But you are the one who says you are not a harmonics trader yet you are presenting a harmonics pattern on your chart. So that's the reason for my comment. It's CONSTRUCTIVE criticism, dude. Not meant to harm but help. Also, the reason I and other who do trade harmonics comment on incorrect usage of harmonics is because we don't want people who are new to trading harmonics to be mislead. When someone posts a chart here, everybody can see it and some may take your advice and use it and then MAY get harmed (or helped) by it. So even though you are free to post whatever you want here, please do so with caution! PEACE, dude! Not trying to start an argument with you......
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CapnOscar EverythingForex
I just trade.. if it doesnt work out well.. risk taken...
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selling C is the most stupid idea ever. No harmonic trader thinks of a harmonic pattern to complete until price violates B. However this particular trade has a higher probability to win than to lose (and it's the worst thing 'cause if it wins you'll trade C selling/buying again and again). Why the setup has a high probability to win? because of a cypher pattern (gartey's A= cypher's X, gartley's B= cypher's C, gartley's C=cypher's D, cypher's A and B are between X and C)))
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Alexander_Nikitin Alexander_Nikitin
Illustration is here:
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Alexander_Nikitin Alexander_Nikitin
Please add a comment… Positive feedback and constructive criticism are important to authors and the community.
snapshot
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CapnOscar Alexander_Nikitin
am not harmonic trader.. I just look at fib lines.. when it comes to EU .. Its a big time Troller
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It just means that you don't have a trading plan which was back and forward tested. My advise is: stop trading immediately until you get one. You will save a lot of money. Later, when you become a CPT (if you ever bocome a CPT...) you'll remember my words...
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CapnOscar Alexander_Nikitin
yeah I will remember ..sure
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