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

The AUDUSD and NZDUSD are breaking to new highs. The USDCAD remains confined. What next?
We’re upping our price target on Costco after another steady quarter fortifies our thesis
ForexLive European FX news wrap: Japanese yen surges as Ishiba wins PM contest
Silver prices again in limelight, poised to test Rs 1 lakh per kg
Euro Recovers Despite Soft German Inflation Data, AUD/JPY in Focus for Upcoming Session

Leave a Reply

Your email address will not be published.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