With Pt B at only .377 and the "standard norm" for
a Gartley is .618 - Why would you call this a Gartley
when it is more likely a Bat pattern ?
Thus Pt D would be at the .886 ?
This would also have the advantage of reducing risk
with pt D closer to the resistance zone ?
Thanks for your thoughts and wishing you lots of pips
in your pocket for 2015 !!!
How do you distinguish between patterns if your criteria is so flexible ?
How do you calculate where to put stops ?
The difference between the ratios .377 and .618, to me anyway, IS HUGE !
If everything is a Gartley that's a little like saying if you put a bench seat in
the back of a pickup truck it's a convertible. It has wheels to get you going,
but, what do you do when it rains.
I'm glad to hear you've been a successful trader for so many years.
Experience teaches soooo much !
However, if I may be so Bold, I would caution your publishing charts without such disclosures
or you may risk damaging the rookie traders who do not have the benefit
of your vast experience.
Once again wishing you loads of pips in your pockets ~~~ !!!!!!
However, I would caution