Here is an very recent example of the Gartley pattern. I took both trades and it was very profitable!
The short was played with puts and the long was played with calls.
This simple pattern has a high probability of success.
Notice that the textbook plan waited for the buy signal shown in green, not the short signal shown in red.
The textbook example simply to the highest probability trade out of the price movement.
In this case it left a lot of money on the table as the the price continued to rally after the completion of the Gartley pattern.
The basics of Harmonics is to trade like we are in special ops.
We want to get in, make the hit, and get out.
I personally like to trade and hang on to the run as far as I can to maximize profitablity. But that can be a bit riskier.
The short was played with puts and the long was played with calls.
This simple pattern has a high probability of success.
Notice that the textbook plan waited for the buy signal shown in green, not the short signal shown in red.
The textbook example simply to the highest probability trade out of the price movement.
In this case it left a lot of money on the table as the the price continued to rally after the completion of the Gartley pattern.
The basics of Harmonics is to trade like we are in special ops.
We want to get in, make the hit, and get out.
I personally like to trade and hang on to the run as far as I can to maximize profitablity. But that can be a bit riskier.