I just don’t see why price should regularly turn at specific levels predicted by some fibonacci numbers. Of course, there is one mechanism that could make these best forex ema strategy patterns work – self-fulfilling prophecy.
But for such prophecy to work, the patterns should be very clear and objective. Harmonic patterns however are rather subjective, as you said. So, my forex conclusion profit sharing is that harmonic patterns simply do not work, they are not profitable over long term, they provide no edge. Don’t hesitate to let me know if there’s anything, I’ll be glad to help. I think profit forex sharing the reason harmonic works is that people take profit at fib levels. Harmonic pattern is simply confluence of two Fib levels. In general, there are two types of market conditions forex sharing profit – trending or range-bound (flat) markets. A trending market in general results to higher forex profit sharing chances of harmonic pattern failure.
Forex profit sharing Openpending positions.And the range-bound (or flat) markets tend to create price movements that look like a skewed “M” or “W” shapes in which harmonic patterns would stand a higher chances of profit. How forex profit sharing do we determine whether it will range or trend? I simply use my eyeball to determine whether the market is in a trend or range. If you notice that price is trapped within support & resistance, that you could safely assume it’s in a range. One thing you have not shown us is the fact that trading is forex profit sharing 100% probability. So under such condition having methods like harmonic can expand the edge of profitable trading. So in my opinion you forex profit sharing are getting it wrong to slam harmonic trading while there are so many traders who forex profit sharing know how to use those patterns and profit from them.
All I did is share my own experience with this methodology and providing solutions to overcome some of these drawbacks. If this offends you, it’s best to leave this website immediately. Dear Vincint harmonic patterns work 100 percent correctly all you need is to observe the exact pattern only difficulty in harmonic patterns is to look for the exact pattern like you have mentioned potential bat pattern but my eyes says its not bat its some other pattern i dont have this chart in my mt4 or i would have predicted thankyou!
Have moved forward with one click say what the best FX signal software available on the market. Profitability, which profit forex sharing are not related hard stop-loss, stop-loss and take dedicated to many different aspects of trading. Closer to the stock.Forex profit sharing Make your strategy.