Jason_Stapleton
Short

Special Training on the Gartley and Reading Strucutre

FX:GBPUSD   British Pound/U.S. Dollar
I've always found the best way to articulate an idea is to simply do a video explaining it. This week I decided to focus on the Gartley pattern which I know is of great interest to many who trade currencies. Check out the video training here: http://tradeempowered.com/trading-the-gartley-and-reading-structure/

Don't forget to hit that "Thumbs up button!"
Jason what is your opinion on this article? http://www.tradingwithrayner.com/5-problems-harmonic-trading/
Reply
I understand that Jason is probably a very busy man and unable to answer all questions but is anyone else maybe able to help me with this ?
Reply
Isn't Leg CD meant to be a retracement of BC leg for gartley? Here you have done an extension of the leg AB

Understand i am not trolling or saying this is wrong, i have the utmost respect for you as a trader, this has just confused me? can anyone here help me in the understanding of this?
Reply
aerodollar Bugdung
@Bugdung, I thought C-D leg should be somewhere between 78.6 retracement X-A, and 1.27 ext A-B leg....
Reply
well this would perfectly match with my expectations :
GBP/USD expecting stophunt
Reply
Easy explanation. Love it. +1
Reply
IanMFX IanMFX
Adding more comments and a chart on top of Jason's based on my analysis. Thanks Jason, I had my eyes shut on that Gartley. :-)

Two potential trade setup based on two different system.
1) A bat was already shaping up and having a PRZ around 1.5570s.
2) A Gartley pattern is forming up (Thanks Jason!! ), which would have a PRZ just above the Bat PRZ.

These two patterns PRZ also would come within a market conflictual area where we may hit alot of resistance and might make the market with short posibilities.

Gartley and Bat Pattern preparing to bounce ?

Reply
Hello Jason,

First of all thank you for everything. I really like trading. But you ... tradeempowered and the syndicate made me a profitable trader thank you!

Nice video you got there. But i'm a bit confused after seeing this video https://www.youtube.com/watch?v=fbP-93MqM3Q IF this Gartley on the GBPUSD was a 1.1 RR Gartley.
And the prices came a bit higher then your order price which also has been excecuted. You should also put your fib target line higher.
But you RR won't be 1.1 anymore right? But should you still do this trade if your tradingplan say that you minimal need a 1.1 RR to trade. (If you don't do orders on D charts let's say on 1h charts)

Looking forward to your reply.

Best Regards
Jimmy
Reply
I'm not sure what you're question is. Your assumptions are correct. If you have deeper questions about strategy and ratios I would suggest this: http://tradeempowered.com/advanced-pattern-trader/
Reply
Jimz0r Jason_Stapleton
Thank you for your reply.

I've send you a email with a image.
Don't know how to upload on tradingview.
Reply
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out