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Alexander_nikitin

A gartley advanced formationGartley Advanced formation Gartely tools: *Fibonacci retracements (61.8% and 78.6%) *Fibonacci extension (127.2%) Gartley Timeframes: *The Gartley Advanced formation was originally designed as a swing trading strategy. But it also works on lower timeframes. Gartley Tactics: *Seek to identify 4 market moves and 3 major Fibonacci zones. The combination of these moves forms the points (X, A, B, C, D) that fulfill the formation. Rules of engagement: Criteria 1 The Gartley Advanced formation starts with an impulse leg/anchor leg that establishes our X and A points. Once X and A points have been identified, we then look for our first criteria. Criteria 1: The market forms the B completion point by fulfilling at least a 61.8% retracement of the XA leg. Note: AB move remains valid as long as there is at least a 61.8% retracement of XA and that it does not touch the 78.6% retracement of XA. Only candlewick is calculated here. Candle close is not important. Rules of engagement: Criteria 2 If criteria 1 has been met, then look for criteria 2. Criteria 2: The market forms the C completion point by fulfilling at least a 61.8% retracement of the AB. Note: BC move remains valid as long as there is at least a 61.8% retracement of AB and that it does not touch the 88.6% retracement of AB. Only candlewick is calculated here. Candle close is not important. Rules of engagement: Criteria 3 If criteria 1 and 2 have been met, then look for criteria 3. Criteria 3: The market forms the D completion (entry point) by fulfilling a 127.2% extension of AB. Note: D point never extends past X. Trade management: Entry, stops & targets. Gartley Entry: Limit order is placed at D completion point. Gartley Target 1: 38.2% retracement of AD leg. When attained half of the position closes & stop moves to breakeven. Gartley Target 2: 61.8% retracements of AD leg. Gartley Stop placement: Stop always goes past X. Either 113% XA extension, or 1 ATR beyond X, or 1 to 1 measured distance to the first target.
Long
by Alexander_Nikitin
3
butterfly advanced formationButterfly Advanced formation Butterfly Tools: *Fibonacci retracements (38.2% and 78.6%) *Fibonacci extension (127.2%) Butterfly Timeframes: *The Butterfly Advanced formation was originally designed as a swing trading strategy. But it also works on lower timeframes. Butterfly Tactics: *Seek to identify 4 market moves and 3 major Fibonacci zones. The combination of these moves forms the points (X, A, B, C, D) that fulfill the formation. Rules of engagement: Criteria 1 The Butterfly Advanced formation starts with an impulse leg/anchor leg that establishes our X and A points. Once X and A points have been identified, we then look for our first criteria. Criteria 1: The market forms the B completion point by fulfilling at least a 78.6% retracement of the XA leg. Note: AB move remains valid as long as there is at least a 78.6% retracement of XA and that it does not extend past X. Only candlewick is calculated here. Candle close is not important. Rules of engagement: Criteria 2 If criteria 1 has been met, then look for criteria 2. Criteria 2: The market forms the C completion point by fulfilling at least a 38.2% retracement of the AB. Note: BC move remains valid as long as there is at least a 38.2% retracement of AB and that it does not extend past A. Only candlewick is calculated here. Candle close is not important. Rules of engagement: Criteria 3 If criteria 1 and 2 have been met, then look for criteria 3. Criteria 3: The market forms the D completion (entry point) by fulfilling a 127.2%extension of AB. Note: D point always extends past X. Trade management: Entry, stops & targets. Butterfly Entry: Limit order is placed at D completion point. Butterfly Target 1: 38.2% retracement of AD leg. When attained half of the position closes & stop moves to breakeven. Butterfly Target 2: 61.8% retracements of AD leg. Butterfly Stop placement: As the entry is beyond X in this pattern then stop is 2*ATR +/- the D or 1 to 1 measured distance to the first target.
Long
by Alexander_Nikitin
2
Gartley Advanced FormationGartley Advanced formation Gartely tools: *Fibonacci retracements (61.8% and 78.6%) *Fibonacci extension (127.2%) Gartley Timeframes: *The Gartley Advanced formation was originally designed as a swing trading strategy. But it also works on lower timeframes. Gartley Tactics: *Seek to identify 4 market moves and 3 major Fibonacci zones. The combination of these moves forms the points (X, A, B, C, D) that fulfill the formation. Rules of engagement: Criteria 1 The Gartley Advanced formation starts with an impulse leg/anchor leg that establishes our X and A points. Once X and A points have been identified, we then look for our first criteria. Criteria 1: The market forms the B completion point by fulfilling at least a 61.8% retracement of the XA leg. Note: AB move remains valid as long as there is at least a 61.8% retracement of XA and that it does not touch the 78.6% retracement of XA. Only candlewick is calculated here. Candle close is not important. Rules of engagement: Criteria 2 If criteria 1 has been met, then look for criteria 2. Criteria 2: The market forms the C completion point by fulfilling at least a 61.8% retracement of the AB. Note: BC move remains valid as long as there is at least a 61.8% retracement of AB and that it does not touch the 88.6% retracement of AB. Only candlewick is calculated here. Candle close is not important. Rules of engagement: Criteria 3 If criteria 1 and 2 have been met, then look for criteria 3. Criteria 3: The market forms the D completion (entry point) by fulfilling a 127.2% extension of AB. Note: D point never extends past X. Trade management: Entry, stops & targets. Gartley Entry: Limit order is placed at D completion point. Gartley Target 1: 38.2% retracement of AD leg. When attained half of the position closes & stop moves to breakeven. Gartley Target 2: 61.8% retracements of AD leg. Gartley Stop placement: Stop always goes past X. Either 113% XA extension, or 1 ATR beyond X, or 1 to 1 measured distance to the first target.
Long
by Alexander_Nikitin
5
Learn the cypher formation rules.Cypher Advanced formation Cypher Tools: *Fibonacci retracements (38.2% , 61.8% and 78.6%) *Fibonacci extension (127.2% and 141.4%) Cypher Timeframes: *The Cypher Advanced formation was originally designed as a swing trading strategy. But it also works on lower timeframes. Cypher Tactics: *Seek to identify 4 market moves and 3 major Fibonacci zones. The combination of these moves forms the points (X, A, B, C, D) that fulfill the formation. Rules of engagement: Criteria 1 The Cypher Advanced formation starts with a market movement/impulse leg that establishes our X and A points. Once X and A points have been identified, we then look for our first criteria. Criteria 1: The market forms the B completion point by fulfilling at least a 38.2% retracement of the XA leg. Note: AB move remains valid as long as there is at least a 38.2% retracement of XA and that it does not have a candle close past 61.8% of XA. A candlewick can go to whatever level here. Only a candle close is important as maximum allowed B. Rules of engagement: Criteria 2 If criteria 1 has been met, then look for criteria 2. Criteria 2: The market forms the C completion point by fulfilling at least a 127.2% retracement of the XA. Note: BC move remains valid as long as there is at least a 127.2% retracement of XA and that it does not have a candle close past 141.4% of the XA. A candlewick can go to whatever level here. Only a candle close is important as maximum allowed C. Rules of engagement: Criteria 3 If criteria 1 and 2 have been met, then look for criteria 3. Criteria 3: The market forms the D completion (entry point) by fulfilling a 78.6% retracement of the XC. Note: D point must go past B. If it doesn’t then the formation is invalidated Trade management: Entry, stops & targets. Cypher Entry: Limit order is placed at D completion point. Cypher Target 1: 38.2% retracement of CD leg. When attained half of the position closes & stop moves to breakeven. Cypher Target 2: 61.8% retracements of CD leg. Cypher Stop placement: Stop always goes past X. Either 113% XA extension or 1 ATR beyond X, or 1 to 1 measured distance to the first target.
Long
by Alexander_Nikitin
a deep gartleyMore patterns and rules on my website (the link is in signature section below this description) Gartley Advanced formation Gartley Tools: *Fibonacci retracements (61.8% and 78.6%) *Fibonacci extension (127.2%) Gartley Timeframes: *The Gartley Advanced formation was originally designed as a swing trading strategy. But it also works on lower timeframes. Gartley Tactics: *Seek to identify 4 market moves and 3 major Fibonacci zones. The combination of these moves forms the points (X, A, B, C, D) that fulfill the formation. Rules of engagement: Criteria 1 The Gartley Advanced formation starts with a market movement/impulse leg that establishes our X and A points. Once X and A points have been identified, we then look for our first criteria. Criteria 1: The market forms the B completion point by fulfilling at least a 61.8% retracement of the XA leg. Note: AB move remains valid as long as there is at least a 61.8% retracement of XA and that it does not touch the 78.6% retracement of XA. Only candlewick is calculated here. Candle close is not important. Rules of engagement: Criteria 2 If criteria 1 has been met, then look for criteria 2. Criteria 2: The market forms the C completion point by fulfilling at least a 61.8% retracement of the AB. Note: BC move remains valid as long as there is at least a 61.8% retracement of AB and that it does not touch the 88.6% retracement of AB. Only candlewick is calculated here. Candle close is not important. Rules of engagement: Criteria 3 If criteria 1 and 2 have been met, then look for criteria 3. Criteria 3: The market forms the D completion (entry point) by fulfilling a 127.2% extension of AB. Note: D point never extends past X. Trade management: Entry, stops & targets. Gartley Entry: Limit order is placed at D completion point. Gartley Target 1: 38.2% retracement of AD leg. When attained half of the position closes & stop moves to breakeven. Gartley Target 2: 61.8% retracements of AD leg. Gartley Stop placement: Stop always goes past X. Either 113% XA extension, or 1 ATR beyond X, or 1 to 1 measured distance to the first target.
Long
by Alexander_Nikitin
1
a Cypher formationMore patterns and rules on my website (the link is in signature section below this description) Cypher Advanced formation Cypher Tools: *Fibonacci retracements (38.2% , 61.8% and 78.6%) *Fibonacci extension (127.2% and 141.4%) Cypher Timeframes: *The Cypher Advanced formation was originally designed as a swing trading strategy. But it also works on lower timeframes. Cypher Tactics: *Seek to identify 4 market moves and 3 major Fibonacci zones. The combination of these moves forms the points (X, A, B, C, D) that fulfill the formation. Rules of engagement: Criteria 1 The Cypher Advanced formation starts with a market movement/impulse leg that establishes our X and A points. Once X and A points have been identified, we then look for our first criteria. Criteria 1: The market forms the B completion point by fulfilling at least a 38.2% retracement of the XA leg. Note: AB move remains valid as long as there is at least a 38.2% retracement of XA and that it does not have a candle close past 61.8% of XA. A candlewick can go to whatever level here. Only a candle close is important as maximum allowed B. Rules of engagement: Criteria 2 If criteria 1 has been met, then look for criteria 2. Criteria 2: The market forms the C completion point by fulfilling at least a 127.2% retracement of the XA. Note: BC move remains valid as long as there is at least a 127.2% retracement of XA and that it does not have a candle close past 141.4% of the XA. A candlewick can go to whatever level here. Only a candle close is important as maximum allowed C. Rules of engagement: Criteria 3 If criteria 1 and 2 have been met, then look for criteria 3. Criteria 3: The market forms the D completion (entry point) by fulfilling a 78.6% retracement of the XC. Note: D point must go past B. If it doesn’t then the formation is invalidated Trade management: Entry, stops & targets. Cypher Entry: Limit order is placed at D completion point. Cypher Target 1: 38.2% retracement of CD leg. When attained half of the position closes & stop moves to breakeven. Cypher Target 2: 61.8% retracements of CD leg. Cypher Stop placement: Stop always goes past X. Either 113% XA extension or 1 ATR beyond X, or 1 to 1 measured distance to the first target.
Long
by Alexander_Nikitin
1
Have this area on my radarHey, mates. On My Higher timeframe (D) we faced a strong resistance level that coincides with 0.98 even number. As the overall higer timeframe trend is to the downside, so I predict the downward continuation. On my trading timeframe (4H) there's and ab=cd, 2 fib invesion, 1,414 fib inversion, 1,272 fib extension, 1,618 fib extension, 1,414 fib extension Lining up at the same level with the 0.98 round number. Also ther's a butterfly formation that completes exactly at this level and a cyher pattern that completes a bit higher. All these give me lots of scores to the cts system I use. When we have these kind of setups they are called "money laying on the table". See the full analysis video in the Signature section below this description and visit my website to learn the rules of advanced patterns for free.
Short
by Alexander_Nikitin
6
gartley and butterfly.Butterfly Advanced formation Tools: *Fibonacci retracements (38.2% and 78.6%) *Fibonacci extension (127.2%) Timeframes: *The Butterfly Advanced formation was originally designed as a swing trading strategy. But it also works on lower timeframes. Tactics: *Seek to identify 4 market moves and 3 major Fibonacci zones. The combination of these moves forms the points (X, A, B, C, D) that fulfill the formation. Rules of engagement: Criteria 1 The Butterfly Advanced formation starts with a market movement/impulse leg that establishes our X and A points. Once X and A points have been identified, we then look for our first criteria. Criteria 1: The market forms the B completion point by fulfilling at least a 78.6% retracement of the XA leg. Note: AB move remains valid as long as there is at least a 78.6% retracement of XA and that it does not extend past X. Only candlewick is calculated here. Candle close is not important. Rules of engagement: Criteria 2 If criteria 1 has been met, then look for criteria 2. Criteria 2: The market forms the C completion point by fulfilling at least a 38.2% retracement of the AB. Note: BC move remains valid as long as there is at least a 38.2% retracement of AB and that it does not extend past A. Only candlewick is calculated here. Candle close is not important. Rules of engagement: Criteria 3 If criteria 1 and 2 have been met, then look for criteria 3. Criteria 3: The market forms the D completion (entry point) by fulfilling a 127.2%extension of AB. Note: D point always extends past X. Trade management: Entry, stops & targets. Entry: Limit order is placed at D completion point. Target 1: 38.2% retracement of AD leg. When attained half of the position closes & stop moves to breakeven. Target 2: 61.8% retracements of AD leg. Stop placement: As the entry is beyond X in this pattern then stop is 2*ATR +/- the D or 1 to 1 measured distance to the first target.
Long
by Alexander_Nikitin
5
bat advanced formation is setting up on eurusdBat Advanced formation Tools: *Fibonacci retracements (38.2%, 50%, 61.8% and 88.6%) Timeframes: *The Bat Advanced formation was originally designed as a swing trading strategy. But it also works on lower timeframes. Tactics: *Seek to identify 4 market moves and 3 major Fibonacci zones. The combination of these moves forms the points (X, A, B, C, D) that fulfill the formation. Rules of engagement: Criteria 1 The Bat Advanced formation starts with a market movement/impulse leg that establishes our X and A points. Once X and A points have been identified, we then look for our first criteria. Criteria 1: The market forms the B completion point by fulfilling at least a 50% retracement of the XA leg. Note: AB move remains valid as long as there is at least a 50% retracement of XA and that it does not touch the 61.8% retracement of XA. Only candlewick is calculated here. Candle close is not important. Rules of engagement: Criteria 2 If criteria 1 has been met, then look for criteria 2. Criteria 2: The market forms the C completion point by fulfilling at least a 38.2% retracement of the AB. Note: BC move remains valid as long as there is at least a 38.2% retracement of AB and that it does not extend past A. Only candlewick is calculated here. Candle close is not important. Rules of engagement: Criteria 3 If criteria 1 and 2 have been met, then look for criteria 3. Criteria 3: The market forms the D completion (entry point) by fulfilling a 88.6% XA. Note: D point never extends past X. Trade management: Entry, stops & targets. Entry: Limit order is placed at D completion point. Target 1: 38.2% retracement of AD leg. When attained half of the position closes & stop moves to breakeven. Target 2: 61.8% retracements of AD leg. Stop placement: Stop always goes past X. Either 113% XA extension or 1 ATR beyond X, or 1 to 1 measured distance to the first target.
Long
by Alexander_Nikitin
3
gartley advanced formationGartley Advanced formation Tools: *Fibonacci retracements (61.8% and 78.6%) *Fibonacci extension (127.2%) Timeframes: *The Gartley Advanced formation was originally designed as a swing trading strategy. But it also works on lower timeframes. Tactics: *Seek to identify 4 market moves and 3 major Fibonacci zones. The combination of these moves forms the points (X, A, B, C, D) that fulfill the formation. Rules of engagement: Criteria 1 The Gartley Advanced formation starts with a market movement/impulse leg that establishes our X and A points. Once X and A points have been identified, we then look for our first criteria. Criteria 1: The market forms the B completion point by fulfilling at least a 61.8% retracement of the XA leg. Note: AB move remains valid as long as there is at least a 61.8% retracement of XA and that it does not touch the 78.6% retracement of XA. Only candlewick is calculated here. Candle close is not important. Rules of engagement: Criteria 2 If criteria 1 has been met, then look for criteria 2. Criteria 2: The market forms the C completion point by fulfilling at least a 61.8% retracement of the AB. Note: BC move remains valid as long as there is at least a 61.8% retracement of AB and that it does not touch the 88.6% retracement of AB. Only candlewick is calculated here. Candle close is not important. Rules of engagement: Criteria 3 If criteria 1 and 2 have been met, then look for criteria 3. Criteria 3: The market forms the D completion (entry point) by fulfilling a 127.2% extension of AB. Note: D point never extends past X. Trade management: Entry, stops & targets. Entry: Limit order is placed at D completion point. Target 1: 38.2% retracement of AD leg. When attained half of the position closes & stop moves to breakeven. Target 2: 61.8% retracements of AD leg. Stop placement: Stop always goes past X. Either 113% XA extension, or 1 ATR beyond X, or 1 to 1 measured distance to the first target.
Education
by Alexander_Nikitin
7