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more information
for more information you can see the link
http://www.harmonictrader.com |
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some books
i will post the other information soon.but at first i want to offer you two short document to make you more familiar.there is a book in the froum that newdigital offerd it about all pattern description you can find it
Quote:
Last edited by kamyar; 01-27-2006 at 08:27 PM. |
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Highly Probable Sell signal
here is the probable Bat pattern in USD/JPY(H4).according to the pattern i estimated the price reversal zone(sell entry) and stop loss.
in this case the price is in the reversal zone so we should wait for Confirmation.as pesavento or carney mentioned in their books there is two strong confirmation: 1-CandleStick Bearish Pattern(Hammer,Engulfild,Doji,...) 2-the price stock in the reversal zone(the zone is the resistance zone for the price) !!for mor conservative trades Stochastin(8,3,3) Confirnation can be used too. if the pattern does not fail then the first target would be 115.4(.618CD) TP1=.618CD=115.40 TP2=.618AD=114.98 As far as i know??????!!!!!!! please test it |
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hello all
i know that ENSIGN software has the original Pesavento Patterns study tool.
if someone can import it from ENSIGN to MetaTrader 4 it will be amazing. here is the link to the tool description: http://www.ensignsoftware.com/help/pesavento.htm |
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