Showing posts with label trading strategy. Show all posts
Showing posts with label trading strategy. Show all posts

Thursday, March 10, 2011

Harmonic Trading Made Easy

Have you heard any recent “buzz” about something called Harmonic Trading or Elemental Trading? Until recently not many people in the investment and trading world were familiar with these techniques. Fortunately, you don’t need to be a mathematician or engineer from employing these highly probably chart patterns as part of your overall technical analysis.in order to get results in your trading

Part of the knowledge now known as harmonic trading began with H.M. Gartley who published a book in 1935 called Profits in the Stock Market. This video illustrates what the original Gartley pattern is and how this pattern as well as the more recent discoveries can be easily employed in your trading business in Forex, stocks, commodities, and futures.

When a pattern forms with specific high and low proportions that are measured with fiboncacci ratios it has been discovered that these patterns will be followed by a “potential reversal zone” which creates a highly probably trading opportunity. Besides the original Gartley pattern including the bullish Gartley and bearish Gartley, there are patterns discovered more recently by Scott Carney in 2000 and 2001. Carney is credited with discovering and researching these patterns including the bullish bat, bearish bat, bullish crab, bearish crab, Traders who are familiar with Elliott Wave will also see how these patterns correspond to Elliott Wave patterns but are a specific type of pattern that is known to be highly probably for producing a turning point and a trade entry that is likely to work out as a profitable trade.

The structure of the Butterfly pattern was discovered by Bryce Gilmore. The butterfly includes a 78.6 Fibonacci retracement of the XA leg as the B point. The CD leg is extended to 127% or 161.8% of AB.

These patterns have now been incorporated into an indicator for Metatrader 4 which draws the pattern clearly on the chart when it forms and produces a trading alert which can be emailed or sent as SMS text to a cell phone. At least one company other than Scott Carney’s company is now selling the indicator with some training and support while a Russian developer has been making a free version available. For information on what really works in Forex trading go to www.forextradingseminar.com

Wednesday, December 15, 2010

Master the Markets with the Forex Training Enrollment Kick-off for December

Thanks to everyone who shared their results from the trades sent out the last few weeks. I appreciate all the Forex traders who have expressed interest in learning to apply these techniques every day, identifying the best trades on all time frames without even knowing which way the pattern on the next higher time frame is going. Some of you are just getting started in Forex and some have been trading for years and are already well trained in many systems.

For all of you who have been waiting for an opportunity to learn what really works in Forex trading without having to shell out a lot of dough for expensive courses this is your week. I heard your request and I really feel like I will be doing something worthwhile if I can help you to finally master this business once and for all over the next few months.

This is the last Forex training you will ever need and it will take you from step one all the way through to how to master the markets on all time frames including the subtle distortions of pattern that occur every day in the Forex market. You will never need to buy another proprietary indicator, software, robot, etc because you will possess the real skill yourself and no one can take it away once you have it.

For this month, we have opened the doors for new members to take advantage of the easiest payment equal to one and a half Starbucks lattes.

If you have ever wanted to look over the shoulders of several professional Forex traders who now earn their sole source of income from trading, this is exactly what you have been looking for. No more hype. No B.S. Just pure trading insight and skill.

During this brief opening for 2011, you will receive 3 months of free daily live training in the Platinum Trading Group. Currently 1500 people have requested information on membership in the Platinum Trading Group and membership is strictly reserved for those who have purchased the course. The 100 openings that are available for 2011 are only available for free as part of the training system purchased with the Yin Yang Forex Trading Course.