Harmonic Currency Pair Cross Index | Currency Futures

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Harmonic Currency Pair Cross Index

  #73 (permalink)

south west UK
Posts: 122 since Dec 2011
Thanks: 74 given, 15 received

Your research

I've also carried a long standing philosophy of intentionally not doing with the crowd is doing. So, while most are attempting to trade the point "D," I'm focused on finding ways to enter at point "C" with lower risk, riding the CD leg to a defined point at "D" and then making the determination what to do with the net positive position from there. This would effectively negate most all of the failed Standard Harmonic Patterns after point "C." If the "C" to "D" trade fails, then "Trend Continuation" has a very high probability, if the Standard Harmonic Pattern is conforming. Therefore, a Stop with a Reversal Entry Order just above point "C" - has a higher probability for returning lost capital at a minimum.

Hey I too believe there must be patterns of patterns, and have been thinking about trading the cd leg instead of waiting for PRZ territory
pm me if interested in someone to bounce ideas off

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