(If you already have an account, login at the top of the page)
futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.
At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.
With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.
We are fundamentally different than most other trading sites:
We are here to help. Just let us know what you need.
We work extremely hard to keep things positive in our community.
We do not tolerate rude behavior, trolling, or vendors advertising in posts.
We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
We expect our members to participate and become a part of the community. Help yourself by helping others.
You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple.
To me thats what makes patterns like these so untradeable (for me). I sure do like to spot them and even make all the measurements and fib ratios line up but I cant trade them . How many harmonic patterns get called out in real time and followed through ? I like to watch Surinotes dring the day and think hes brilliant but how many times does a gartley or ABC follow through ? Looks like no more than 50% to me . That doesnt diminish anyones technical prowess Im just talking about useability as a signal .
I do see useability (for me) in variations of ABC pattern . I say variation because for me if I find
1. Price closing beyond a recent swing level , showing there is a change in power and take heed .
2. Price retracing and it could be any % as long as it makes sense in regards to SR and symmetry .
3. Price forming a flag / trendline that I can quantify as "if it closes beyond this" I have an entry .
If I was to write a textbook about how to draw a trend channel that EU 4 hr. channel would be on the cover .
The following 5 users say Thank You to Eric j for this post:
Heres how they look today . EU managed to hit 162% so I would call that a good trade . GC sure looks like it closed above the uppertrendline so if it trades above that bar its triggered long . It did however break the symmetry of the decending triangle a little first . GC is a really slippery one and tends to be a tough one to nail down so if you can make money with this sucker you got it made imho .
The following 3 users say Thank You to Eric j for this post:
Well , Im first in line to point out when Im off base . Decending triangle could be a reversal BUT is considered generally to be a continuation - my bad . Im outside my circle so its good to study these things and mistakes are a good way to learn so maybe GC IS a textbook decending triangle .
The following 2 users say Thank You to Eric j for this post:
Another thrash zone thursday . 2 winners 1 loser +5 pips . Notice how the "blocks" on the LTFs 3LB chart form SR zones that get some sort of attention , I.E around 1000-1030ish here .
The following 3 users say Thank You to Eric j for this post:
