How Best to Use Harmonic Patterns in Forex 👍

Forex Trading Tutorial
How to Use Harmonic Patterns in Forex http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! Harmonic pattern trading strategy and how to use the harmonic scanner effectively. The Harmonic Scanner is a flexible tool with IML, where the patterns in the charts are drawn out for you. Most forex trading platforms will come out with a harmonic pattern indicator that can help you spot and measure the harmonic pattern. Forex harmonic patterns utilise FIbonacci numbers to pinpoint accurate trading points. The harmonic pattern indicator can help you spot market turning points with a better level of accuracy.

First of all in my opinion you have to thrash out the 5-minute and 15-minute timeframes. I like to base it on the 4-hour and daily timeframes because the higher timeframes are more solid and more probable. In trading you want to take low risk, high reward trades… Harmonic Scanner Training | How to use it

Articles You May Like

AUD/USD continues to flirt with key support level since last week
Pres.elect Trump is out to end the daylight saving time
SNB and ECB to Cut, Aussie Rebounds on Job Data
The Fed has a big interest rate decision coming Wednesday. Here’s what to expect
Euro Rebounds on ECB Gradualism, Sterling Struggles

Leave a Reply

Your email address will not be published. Required fields are marked *