Recent content by drlobo

I have not used this software its not necessary because at the moment I am only trading FTSE so there is only one market for me to look at. So its not too much effort. IMO a great book written on this subject is by Ross Beck "Gartley trading Method". Once you start analyzing the waves and...

Certainly been tough few weeks with storms and elections. But I would like to show you how I nailed the top of the market. This was my analysis on the eve of the election day. and as you can see here my entry: Now I know people here complain about technical analysis but all those...

I had two shorts from the top of the market last week what a sell off !

I just trade FTSE only (for now)

this is just the ftsepips account which I started trading in August

August to October is not 1 month last time I checked. Are my results that unbelievable ? :clap: Well unfortunately its not the case if you do your research you will find out that proper chart analysis and pattern identification has been around along time since the 30's.

ahh ok I suppose you are better trader than me then

Unfortunately one of the more difficult patterns to detect. Here is some good info on it : http://www.harmonictrader.com/The5-0Pattern.pdf And here is a completed 5-0 pattern I found on EU M30

DUDE I dont have 1 Indicator on my chart. I just have levels. This is called a 5-0 pattern and was invented by Scott Carney. For all purposes you just need to know that I am selling and looking for 40 PIPS now and I am 80% sure I am going to get them :cheesy:

Here you go guys have one on me ...

I am doing well meeting that 80% win rate but I know I can do much much better ! Why because for example some of those failures were not harmonic trades like earlier this week I took a AB=CD patter ... what a stupid move that one was. But harmonics + Gann lines have been great

Buddy check my moves ;) Actually just taken the first of these two trades (for the second one I am actually waiting on a better setup) This is the one that I did not take:

The most powerful pattern in trading :) few pips SL and TP 30 Pips. You can go ahead and calculate the RR :)

This move took time to take of but when it did she moved swiftly and we were doing nicely with +30 pips within a few hours. But quicker than brewing a cup of tea the market completely rejected price at this level and it dropped 20 pips in 5 minutes and printed a huge bearish pin bar on the H1...

Well trying this bullish butterfly with trend line support. Long at 5850 targeting 50-60 pips