Trading Systems Leaders in this forum (automated trading systems) are winning more than 3000 pips in a month (30000$ investing one lot every time). Click here to register and get more information
keep going man
you make great analises
for me is hard to memorise all those numbers for evry pattern
thank u leytzuro.but as i said we work as a team in trading with ptterns and i have learnt many things from my partners.
i put a table with ratios about each pattern.that is a grate guidance for patterns and makes the recognition of patterns easier but here is point that the ratio and pattern work well in stock market in other words we just work with gartley,butterfly and ab=cd patterns in forex.as u can see in attached charts all the patterns are these and with certain ratios 0.618,0.764,1.27,1.618 these are the moste powerful levels in forex other ones are not reliable like these.so it (patternd recognition)needs practice and practice and practice.the best point of trading with patterns is u can analayz the market and u do not need to plot colorful indicators on your charts just fibo level.of course for better entries u can use rsi and stoch but just as a general view.
thanks