Gartley Patterns - Page 20 - indiTraders

Trillian · #**191** (**permalink**) 10-10-2009, 04:18 PM

Trillian · #**192** (**permalink**) 10-10-2009, 04:35 PM

Gartley traders comments?

edakad · #**193** (**permalink**) 10-10-2009, 05:47 PM

Originally Posted by Trillian

Gartley traders comments?

It is more likely to be a failed bat as B swing is less than 0.618XA. Watch those WRBs when price reached probable reversal zone. Isn't it a warning ?. Now possibility is crab.

And price action in the reversal zone is the key to success with most patterns

phongstock · #**194** (**permalink**) 10-10-2009, 05:55 PM

Thanks all in this thread !

Pls send book : Trade Chart Patterns Like The Pros-Suri Duddella
Link :http://rapidshare.com/files/17609581...i_Duddella.rar

G/L

edakad · #**195** (**permalink**) 10-10-2009, 05:55 PM

Originally Posted by anshuman.c

The 6/10 low can also be taken as X in ABB..Sometimes in Butterfly patterns the the D point can extend beyond X..I read somewhere.

Regards
Anshuman

Sure, in butterfly D extends beyond X, but B retracement is usually greater than 0.618XA

phongstock · #**196** (**permalink**) 10-10-2009, 09:22 PM

Originally Posted by edakad

there should a more than 50 bars otherwise barcount - 50 becomes negative and error. try changing the value 50 to a lower value

edakad

I modify :

for(Bar = BarCount-50; Bar < BarCount; Bar++)

--------> for(Bar = BarCount-1; Bar < BarCount; Bar++)

I scan stocks with very speeding. Are you think about ?

I would to ask you that can this code add AB=CD ?

G/L

edakad · #**197** (**permalink**) 10-10-2009, 09:25 PM

Originally Posted by phongstock

edakad

I modify :

for(Bar = BarCount-50; Bar < BarCount; Bar++)

--------> for(Bar = BarCount-1; Bar < BarCount; Bar++)

I scan stocks with very speeding. Are you think about ?

G/L

barcount-1 will rarely find patterns, use at least, Barcount - 20 to get some patterns.

GBK · #**198** (**permalink**) 10-10-2009, 10:04 PM

Who can tell me about this pattern? is it correct?

pakatil · #**199** (**permalink**) 11-10-2009, 09:39 AM

I am Long as Shown.

edakad · #**200** (**permalink**) 11-10-2009, 12:19 PM

Originally Posted by GBK

Who can tell me about this pattern? is it correct?

Not Gartley, but Butterfly. Notice point D, it is beyond point X

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