Trading the Gartley harmonic pattern

IC Markets No Comments

The harmonic domain is a bizarre, yet intriguing, phenomenon for most traders. While some dismiss the approach entirely, others are unable to trade without it. Despite this separation, don’t let it discourage you from its teachings as it could prove to be a real game changer! Harmonic patterns Harmonic patterns are defined by specific price … Continue reading Trading the Gartley harmonic pattern

The Quasimodo pattern part 2

IC Markets No Comments

Trading does not have to be a complex subject, overloaded with obscure vocabulary. As a matter of fact, it may surprise you that a large majority of consistent traders keep things shockingly simple. Without question, we believe the Quasimodo (QM) pattern has proven to be one of the more superior methods of locating support and … Continue reading The Quasimodo pattern part 2

The Quasimodo pattern

IC Markets No Comments

Support and resistance, or market structure, is typically the foundation of most well-rounded trading strategies. Without this knowledge, navigating the markets is a challenge for just about any technical trader! Regardless of the vast array of methods highlighting tradable support and resistance levels, one approach stands superior: the Quasimodo pattern. Enter the Quasimodo! The Quasimodo … Continue reading The Quasimodo pattern

Risk-on and Risk-off

IC Markets No Comments

First confronted with the somewhat esoteric terms risk-on and risk-off (or RoRo) typically (for those born in the 70s/80s) evokes childhood memories of the movie The Karate Kid ­– famous for its line ‘wax-on – wax-off’. Regrettably, though, RoRo is slightly more involved than waxing Mr Miyagi’s car! What does risk-on and risk-off mean? Risk-on … Continue reading Risk-on and Risk-off