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Harmonics: Did you know there are several ways to use harmonics?
May 16, 2022 at 06:54
612 Zobrazení
2 Replies
Členom od Jun 19, 2021
48 príspevkov
May 16, 2022 at 06:54
I have mastered the art of harmonic trading patterns, so much so that I have not yet had one losing week since October 2021. I use harmonics to:
1) Identify the actual market structure.
2) Find future price targets (97% accurate)
3) Find how solid or weak a trend truly is in each time frame.
4) Catch breakouts that trend for 100s of pips.
5) Draw and predict future price action path (70%-90% accuracy)
I do this all the time and I document it for the skeptics on video of course. 😉
Any questions about how to do this simple technical trade strategy just ask I will respond below.
1) Identify the actual market structure.
2) Find future price targets (97% accurate)
3) Find how solid or weak a trend truly is in each time frame.
4) Catch breakouts that trend for 100s of pips.
5) Draw and predict future price action path (70%-90% accuracy)
I do this all the time and I document it for the skeptics on video of course. 😉
Any questions about how to do this simple technical trade strategy just ask I will respond below.
Prílohy:
*I kill pips for fun.*
Členom od Jan 07, 2022
9 príspevkov
May 16, 2022 at 14:37
WHY do harmonics work?
Členom od Jun 19, 2021
48 príspevkov
May 16, 2022 at 19:32
Harmonics are based on the Elliott Wave Theory and they are patterns that develop based on reversal zones that sum up into a final potential reversal zone called point D. Point "D" is the expectation of a reversal and entry point. The margin of error is given as +-5%. This is what gives you stop loss limits. . The take profits areas are based on the Fibonacci numbers .236, .382, and .618 These would take profits 1,2, and 3 respectively.
Once you have mastered the basic of how to use this to trade then you are ready for the next level for what I teach.
Once you have mastered the basic of how to use this to trade then you are ready for the next level for what I teach.
*I kill pips for fun.*
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