Basic market structure

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While indicators certainly have a place, very little trumps good old fashioned market structure. As you’ll see demonstrated in the following article, building trading ideas off basic market structure can be surprisingly easy, and more importantly, profitable! Price movement As much as we’d all love to see price trade linearly, particularly if one has a … Continue reading Basic market structure

Exploring the trend line

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As humans we love to overcomplicate things! While an elaborate trading strategy may impress your family and friends, it is unnecessary to succeed. For those that have been involved in the markets for a while will know that keeping things simple is a MUST in trading. And that’s why the trend line remains a favourite … Continue reading Exploring the trend line

How to locate high-probability reversal points using the harmonic bat pattern

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Are you finding it a challenge to pin down a profitable strategy? If so, it may be time to start thinking about exploring the wonderful world of harmonics.  ENTER the harmonic bat pattern Developed by Scott Carney, the harmonic bat pattern, a variation of the Gartley harmonic pattern, is a 5-point retracement structure composed of … Continue reading How to locate high-probability reversal points using the harmonic bat pattern

Trading the Gartley harmonic pattern

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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