Saturday, October 30, 2010

audusd abcd's




the larger time frame ABCD (maroon) maybe completed but finished short of target, or needs to have another attempt to complete.
Lower time frame there seems to be a small abcd (blue) forming with-in a gartley set-up (or just a stand alone abcd). b looks just to be 1 wave up, so possible that d could form the Gartley b

Thursday, October 28, 2010

gbpusd gartley




gartley against the trend, however the rally support ledge was tested and failed, so we will be looking to initiate a short position as per mr gartelys original idea

audjpy




it may be a bit pre-mature but will keep an eye on this potential set up, which might even fit into a 'C leg' trade, with the trend, for a butterfly set up.
after reviewing some of gartley's original work, until the relevent ledge has been penetrated, then the trend is down

Wednesday, October 27, 2010

usdchf abcd in ABCD




C includes its own abcd

eurgbp




this will interesting to watch & see if can match to gartley's original 222 (B)

a number of 1.618 extensions at the .786 XA on the daily chart which I forgot to check

Monday, October 25, 2010

eurgbp b-fly?




against the major trend...

nzdusd




with the trend, 1.27abcd at .786XA,

eurchf




with the trend, a number of abcd's all finding confluence,

Friday, October 22, 2010

gbpchf gartley




some very nice harmonic trades from this pair...hope it continues,

with the trend, abcd around .618. another chance to sell, add to position at XA.886 with 1.618abcd at same level

Eur-Usd, Daily Chart - Bearish Gartley



Thursday, October 21, 2010

usdjpy analysis from 21 april 2010 to 21 october 2010






21 April 2010 - 21 october 2010



EURUSD crab+gartley + Elliott Wave analysis/perspective



EURUSD Elliott Wave analysis

EURUSD Elliott Wave analysis (part2)

join on Facebook --> LINK

EURUSD crab+gartley




crab + bearish gartley (not shown)

gbpcad gartley






with the trend, nice fib confluence at 1.6120ish, ab=cd, .886XA, 1.27BC...and prior S/R around 1.6106

for me B hasn't been touched, but for those who think it may have butterfly potential, then 1.6030~40 provides some confluence, 1.618abcd, 1.27XA,2.0BC

Wednesday, October 20, 2010

EURUSD ... hm?







EURUSD gartleys



Monday, October 18, 2010

chfjpy BAT




with the trend, nice fib cluster at 85.25~27, .886XA, ABCD, and 2.0BC provided we don't see too many large candles on the way there...



3 drives cadjpy 1H



Friday, October 15, 2010

EURUSD weekly




GBPUSD H1




Thursday, October 14, 2010

audusd ABCD



audusd daily ABCD forming, and 1.618 ext....

Wednesday, October 13, 2010

nzdjpy




nice fib cluster but no distinct trend

gbpusd




with the trend abcd



ABCD's in the direction of the trend are a beautiful friend

Tuesday, October 12, 2010

gbpjpy abcd + ABCD





15 min and 4 hour abcd & ABCD coming in approx same level...



nice gartley with the trend

eurgbp




ABCD's in direction of the trend

eurcad




I am tossing up between these two scenario's, that are with the trend.

Firstly a gartley formation finishing at around .886XA, with AB=CD. I'm a little concerned that AB has some long candles in it, but that's at least better than having long candles in CD! Will it extend or not? Some trendline support coming in as well.




Secondly, I have a BAT formation which has a nice fib cluster of 1.27ABCD @ .886XA, and also prior supports around .886XA. It just looks ugly!

Monday, October 11, 2010

audusd bull bat




if the 15min count is correct and/or the bearish butterfly, then it sets up some nice targets to watch for in preperation for a bullish bat




while longer term harmonic targets for audusd can be 1.04~1.21 if looking at daily and weeklys, let's have a look in the short term, we may have just come to pause in the rally.

Our butterfly comes into play against the trend. Why? Well since the rally from .8800 we have now had our only real test of previous pivots points (those of late september). Even though we have bounced from those, there is a completed butterfly on the hourlys.

You have to break down to a 15 minutes to see the structure of the BAT. If you stopped at the 30 mins then the only structure we can see is for another butterfly as B comes in at .786 which argues for another test higher.

On the 15 mins, and it's a little bit messy with the gap open this morning, we can count 1.27ABCD, and 2.0BC around .886XA.

So if the 15 min count is correct then we may see some weakness in the early part of the week. If the 30 min count is the correct one then ABCD comes in at .9990ish and 1.27ABCD 1.0040

eurjpy bearish 5-0













30 min eurjpy with a bearish 5-0, and with a little bit of imagination we can find a smaller abcd within D, which may have completed, or could have a test in london time..

Friday, October 1, 2010

Trade Gartley Pattern BLOG






all about trading the Gartley pattern --> TradeGartleyPattern 





Eurusd Weekly




AB=CD in Weekly

gbpusd Gartley




ABCD missed by 8 pips....