Thank you for visiting and Welcome to excellent way to learn about Harmonic Trading and The Gartley trading pattern. This site will be updated regularly with further details on the Gartley trading, especially confirmation methods illustrated with detailed examples. Your valuable comments will be added here or taken for further discussions on the TradingArsenal Forum . Harmonic traders live trade examples and forcasts you may follow on Harmonics Tube. Hope together we can learn faster and discover more. Note that from the TradingArsenal site you may download a test version of our korHarmonics - harmonic and price patterns recognition indicator (MT4 only). It will, in real time, find your Gartleys, ABCD patterns and more. Is Gartley pattern true or a myth? Is the described in the books success ratio possible? How to choose from so many Gartleys found by the pattern recognition softwares? You will find the answers here...

Learn about the AMP project and TradingArsenal Forum for harmonic/market geometry traders -->TradingArenal

Learn about the TradingArsenal QUIZ project on quiz.tradingarsenal.com , beginner, intermediate and advanced level quizes are available for Gartley and the Butterfly pattern.

Gartley pattern definition and market position



Gartley 222 pattern

The Gartley 222 trading pattern was created by Harold M. Gartley, who first illustrated it in his book Profits in the Stock Market (1935). Gartley 222 pattern is reference to the page number on which the discussion about the pattern occurred.
Pages 200-250 of the book display majority of the market patterns ever described. It’s interesting to see how little the technical analysis changed over years.

Mr. Gartley describes the pattern as a retest of an important top or bottom, when market attempts to make a new high and low. It enables to enter in a high probability reversal zone with minimum risk.

Gartley pattern & Elliott Wave Theory

Pattern fits perfectly into Elliott Wave Theory. XA swing would be labeled as wave1 and ABCD would be labeled as ABC Elliott correction. Both harmonic and Elliott traders try to catch the strongest wave 3 or at minimum wave C.


Ideal Gartley pattern characteristic

Mr. Gartley draw the pattern and it’s market context/location. In the late 1980 In the book Profitable Patterns for Stock Trading Larry Pesavento assigned certain ratios to define the pattern precisely. He measured each price swing from peak to trough as a certain percentatge of the proceding price swing. Pesavento required these percentages to be Fibonacci ratios: 61.8, 78.6 100, 1.27, 1.618.


Tradeable Gartley pattern characteristic

Problem is that it’s quite rare to see the Gartley pattern with exact precise Pesavento’s Fibonacci ratios. Some % delta or Fibo ranges must be used to expand the acceptable price swings ratios and produce more patterns, more trading opportunities. For example to allow XD retracement to be 57.7 till 88.6 rather than exactly 78.6.
What important is that AB=CD (later on you will read about my definition of the equality here).

Continuation and Reversal Gartley position

H. M.Gartley defined only 1 proper market position for his pattern – at critical trend reversal point. Pesavento’s “Gartley” (ideal version) or extended “Gartley” happens of course more often and in different market conditions. One of the scenario important from the trading perspective is when the pattern is forming inside wave3. Wave3 inside wave3 is the strongest and most powerful market structure.

We can also observe “Gartley” inside corrections periods when the swing following the pattern would be much smaller.

The point is that we can trade Gartleys (with original reversal position defined more than 70 years ago) and “Gartleys” (meeting Fibonacci equations) forming as trend continuation patterns.


Let's spot Gartley pattern

Enough teory for now. What at the end counts is that we look here at probably most powerfull and profitable price pattern forming on the charts. When you see its first 3 legs completed and forming swing CD crossing the point B price level - GET READY. Now your work starts.


Mare sure you check also:
Construct PRZ (Potential Reversal Zone) for the Gartley pattern
Gartley pattern confirmation methods - trendlines
Gartley pattern confirmation methods - divergences
Gartley pattern confirmation methods - combining timeframes
Gartley pattern confirmation methods - reversal candlestick patterns
Gartley pattern confirmation methods - AB ?= CD
Gartley pattern confirmation methods - volatility
Gartley pattern confirmation methods - cycles
Gartley pattern 70-80 success ratio
Gartley pattern failure setups
Confirmation methods - more to come...

10 comments:

  1. Praktyczna dawka wiedzy o HT, Czytelne przykłady. Świetna robota. Pozdrawiam

    ReplyDelete
  2. 7 steps to health & the big diabetes lie is an excellent program, which is especially designed for the diabetes people who are all suffering in a long run in diabetes & 7 steps to health And The Big Diabetes Lie helps how to control your blood sugar level. 7 steps to health And The Big Diabetes Lie is a total natural home course which doesn’t require medication otherwise expensive equipment. Following properly tips and techniques included in 7 steps to health And The Big Diabetes Lie program will give you an important opportunity to be healthy pro the relax of your life. 7 steps to health And The Big Diabetes Lie program show some top secret on how to enhance the insulin level through natural methods, healthy meals & simple exercises.

    ReplyDelete
  3. Get the latest FOX technology news google: breaking news and analysis on computing, the web, blogs, games, gadgets, social media, broadband and more.

    ReplyDelete
  4. We are best and trusted bangladeshi online news portal website. Everyday we publish the national and international latest news. If you want to get regular newslatter from our newspaper, please go home page ফুটবল and click the below subscribe button.

    ReplyDelete
  5. View entertainment news and videos for the latest movie, music, TV and celebrity headlines on entertainment news of today

    ReplyDelete
  6. We want to be your most trusted ally in your pursuit of health and well-being.How you feel affects every precious day of your life. healthtipsschool understands that, which is why we’re committed to being your most trusted ally in your pursuit of health and well-being.You can depend on us to provide expert content along with genuine caring. Both of which will support, guide, and inspire you toward the best possible health Product Review outcomes for you and your amily.Bottom line: We’re human, just like you. We know that peace of mind can make all the difference in how you feel. So we’ll be here when you need us.

    Health :
    Healthtipsschool News reports on emerging research, new treatments, diet, exercise, and trending topics in health and wellness. Get health tips daily results with different meditation techniques. Variations in technique will allow you to tap into a greater number of physiological and psychological benefits.

    Weight Loss :
    Wondering how to lose weight? Our extreme weight loss tips, diet plans, videos, and success stories are the tools and motivation you need to make it happen.

    Disease :
    Healthtipsschool explain you This brief A-Z guide covers some of the more common Stroke diseases and conditions, including a definition and the causes, symptoms & treatments.

    Diabetes :
    The things you've wanted to know about type 2 diabetes and type 1 diabetes are all in one place. Learn more about the symptoms, foods to avoid, and lifestyle management.

    Fitness :
    Find everything you need to crush your fitness goals such as workout routines, training plans, free workout videosfitness tips and tricks, exercise trends, workout playlists gear, clothes and more.

    Sexual Health :
    When sex is not what you hoped for, find the reasons and solutions here. Short, sweet and on point, these tips will rev up your sex life. Sex positions, sexual health pills,techniques, info and great sex guides to help improve your sexual skills and sexual health.

    Recipe :
    Find and share everyday cooking inspiration on Healthtipsschool. Discover best chicken recipes, cooks, videos, and how-tos based on the food you love and the friends you follow.

    Product Reviews :
    Here at Healthtipsschool, we provide top rated hair loss product review, buyers guides, tutorials and comparison charts. Get the latest reviews of health and fitness products from the editors of Healthtipsschool.

    ReplyDelete
  7. We are the world best leading online newspaper portal. You all are the most welcome in our newspaper.If you want to get regular newslatter from our newspaper, please go home page entertainment news and click the below subscribe button.

    World News :
    View FOX world news today for international news and videos from Europe, Asia, Africa, the Middle East and the Americas. Visit world news now abc for up-to-the-minute news, breaking news, video, audio and feature stories.

    Politics News :
    Politics at FOX has news, opinion and analysis of American and global politics Find news and video about elections, the White House, the U.N and much more. What You Need To Know About politics news article.

    Business News :
    The latest FOX Business News: breaking personal finance, company, View the latest business news articles about the world's top companies, and explore articles on global.

    Sports News :
    Latest NFL scores from around the world with in-depth analysis, features, photos and videos covering football, tennis, motorsport, golf, rugby, sailing, skiing, horse racing and equestrian.

    Entertainment News :
    View entertainment news for today and videos for the latest movie, music, TV and celebrity headlines on worldfoxnews.com

    Technology News :
    Get the latest FOX technology news world : breaking news and analysis on computing, the web, blogs, games, gadgets, social media, broadband and more.


    Science News :
    Get the latest FOX science news of today and Environment News: breaking news, analysis and debate on science and nature in the UK and around the world.

    Daily Life :
    What You Need To Know About The daily life blogs? Get the latest lifestyle news with articles and videos on pets, parenting, fashion, beauty, food, travel, relationships and more on Fox news.

    ReplyDelete
  8. We are the world best leading online newspaper portal. You all are the most welcome in our newspaper.If you want to get regular newslatter from our newspaper, please go home page health news and click the below subscribe button.

    World News :
    View CNN world news reuters today for international news and videos from Europe, Asia, Africa, the Middle East and the Americas. Visit CNN News for up-to-the-minute news, breaking news, video, audio and feature stories.

    Business News :
    The latest CNN Business News: breaking personal finance, company, View the latest business news nba about the world's top companies, and explore articles on global.

    Sports News :
    Latest sports news football from around the world with in-depth analysis, features, photos and videos covering football, tennis, motorsport, golf, rugby, sailing, skiing, horse racing and equestrian.

    Entertainment News :
    View entertainment news of today and videos for the latest movie, music, TV and celebrity headlines on usacnnnews.com
    Technology News :
    Get the latest CNN technology news science : breaking news and analysis on computing, the web, blogs, games, gadgets, social media, broadband and more.

    Science News :
    Get the latest CNN Science and Environment News: breaking news, analysis and debate on science news for today and nature in the UK and around the world.

    Health News :
    Get the latest CNN health news recent : breaking health and medical news from the UK and around the world, with in-depth features on well-being and lifestyle.

    Daily Life :
    What You Need To Know About The Good Life? Get the latest lifestyle news with articles and videos on pets, parenting, fashion, beauty, food, travel, relationships and more on CNN daily life news.

    ReplyDelete
  9. Great My bro, I Just recommend to do this through Invstoc it's more than Easy friendly and highest cashback in the world and weekly rebate

    ReplyDelete