Yeah I've been using harmonic patterns for around 4 or 5years . There are literally more than 100 of them. This has got to be the most widely known of them all along with the bat. By themselves they give around a 50% Win rate but with a very good r/r. when you correlate them with other things like a major s/r area I've gotten Win rates up to around 65%. There is another video on YT with a professional British trader that has been using them his whole career and says they are his favorite setup. It takes me too look for and draw them so I just software for it
Yes, please more harmonic pattern videos. With what technical analysis do you combine these patterns - because at the start the pattern can repaint. I use a W%R - R=40 length and a EMA13 to minimize repainting of the patterns.
The rich stay rich by spending like the poor and investing without stopping then the poor stay poor by spending like the rich yet not investing like the rich.
The crypto market has been favourable in the past weeks, I keep missing out on this opportunity, I'm most certainly very impatient how can I ever make a profit in the crypto market.
Great video as always! I've struggled learning harmonics from instruction, but I seem to learn well from you. I would like to see the guidance on how to know where to set B and C points. I've notice they are not always the peak points of the move. For B I assume a fib from X to A, but then those are subjective also.
Excellent video. One question: Crab will also have 61.8 retracement. So how to know whether it is a confirmed Gartley or D will go down to form crab Pattern.
If you type "Eliot wave #2 ABC Corrections: zigzags,flats and triangles" You will see two patterns. The lower one would be your typical ABC pattern. Basically you would be looking for price to be moving or trending upwards. (X) Price would then typically begin to fall back/reverse against the up move. This being the A leg of the correction. Then after a few or more bars, price would begin to move back up again, but fail to reach the previous high. Thus making a (Lower high) This being the B leg. After which price would fall once again, and actually surpass the low of the A leg, the first move down. Making a (Lower low) But shortly after taking out the low of the A leg price should reverse back up again and above/inside the low point of the A leg, and then (If it is indeed an ABC correction) go on to continue the original move up. Personally I usually wait for price to close back inside/above the low of the A leg and then go long if the next bar continues moving higher, placing my stop just below the first A leg low. ABC corrections can happen in both up moves/trends or a down move/trends. In a down move the A leg of the correction would be just be upwards rather than downwards. Hope that helps.
Thx for the vid, but I don't like it. Similar problem like with EWs: "forcing" very specific patterns onto charts. I'd appreciate more videos based on price action and confluence of factors.
Correct! And the big players who move the market DO NOT buy or sell to „complete some Batman lookalike patterns“ on the screen. To me this seems ridiculous as well.
Yet the patterns complete whether or not the big players are known to influence them one way or another. The key to take from this video is the phrase 'harmonic'. And the patterns in the video are exclusively the ones where the big players havechanged their long to short-short to long market making and begin new price discovery. This is where sentiment attracts new markets and the up and down and reflexivity can play out again for a new cycle.
These are awesome patterns and have been trading them for years. Please also do a video on the Bullish and Bearish Butterfly. The ABCD alone is also very powerful and considered the backbone
am so lost in these patterns, should we have the exact fib numbers ? to be valid ? And if i find the exact numbers with what i can support the pattern for entry chance ?$
Great and clear content! Must be hard to find all the examples. Question though in the tesla example, before it hits D, it hits below C. Why didn't it invalidate the setup?
@@TheSecretMindset I have seen some advertised online. IML academy has one. And a few that can be purchased or rented on a monthly subscription. However you mention that there are on Tradingview? Is it the same and shows you Gartley/Bat/Butterfly/Crab etc. Patterns? I tried the IML it's very good because they send you notifications on a discord group when the algorithm finds the patterns which is usually every few minutes, but it's expensive to use. Can you suggest any Harmonics scanner which has notifications on 1hr, 4hr or D time frames? Thank you for your help. By the way I found your channel from another trader who I follow who suggested following you: Arty at TMA (The Moving Average).
So if you do M style Gartley XABCD on the Spy weekly from X= May 3, 2021 to A=Jan 3, 2022 to B=Jan 24, 2022 to C= Mar 28, 2022 to Apr/May 2022, you might see a 1.618 extension around $523. Not sure this is our future. Interested in comments (did I even do it correctly?)
It has to be the first bullish or bearish move. How you decide if it's a 'move' is up to you. Personally I consider an X to A move to be valid when there is a strong bullish or bearish move, without a pullback.
@@TheSecretMindset hey man not sure if I understand what you said correctly, you mean that as long as we can draw proper M or W, the fib requirements are less needed?
I just checked out your video. It is really helpful. Thanks a lot. I am a newbie trader. Could you help me check the weekly pattern for WTI crude? Is it forming Gartley pattern? If it is, the price of crude will shoot up soon? Am I speculating right if the pattern is fulfilled? Thanks again.
boss what else u want..we subscribe likes n bell icon also..but it ll b very helpul you to come n give more n more to educate for what u started it!! more about VSA more about Price action More about 📚!! Thanks
The market is very unstable and you can't tell if it's going bearish or bullish.While myself and others are making profits without fear of making a loss others are being patient for the price to skyrocket. It all depends on the pattern you follow.
THE BEST AND SIMPLEST VIDEO ON GARTLEY EVER ON YOU TUBE.
👍
Yeah I've been using harmonic patterns for around 4 or 5years . There are literally more than 100 of them. This has got to be the most widely known of them all along with the bat. By themselves they give around a 50% Win rate but with a very good r/r. when you correlate them with other things like a major s/r area I've gotten Win rates up to around 65%. There is another video on YT with a professional British trader that has been using them his whole career and says they are his favorite setup. It takes me too look for and draw them so I just software for it
Which software you usinh
What's the other video?
@@andreworovwighose6514 I'm using Autochartist for MT5
It's complex, but I heard harmonics are realy powerful, so I'll take lots of notes!
👍
another mind blowing video. these are advanced techniques and you explain them so well
Thank you so much 😀👍
Yes, please more harmonic pattern videos. With what technical analysis do you combine these patterns - because at the start the pattern can repaint. I use a W%R - R=40 length and a EMA13 to minimize repainting of the patterns.
EXCELLANTALY MENTORED THE MOST IMPORTANT HARMONIC PATTERN IN A SIMPLE WAY. THANKS .
👍
The rich stay rich by spending like the poor and investing without stopping then the poor stay poor by spending like the rich yet not investing like the rich.
The crypto market has been favourable in the past weeks, I keep missing out on this opportunity, I'm most certainly very impatient how can I ever make a profit in the crypto market.
There are platform where you can invest and they trade your money. Then pay you profit either weekly or monthly. That's investing.
Despite the financial crisis, this is still a good time to invest in Crypto as the market is favourable💰💱
Access to a good information is what the investors needs to progress financially and in life. Here is a good one and I'm grateful Derek Liam
GOD Bless you and your Family 🙏
Many many thanks👍
Thankyou for explaining Harmonic Pattern is simple way
My pleasure👍
Great video as always! I've struggled learning harmonics from instruction, but I seem to learn well from you. I would like to see the guidance on how to know where to set B and C points. I've notice they are not always the peak points of the move. For B I assume a fib from X to A, but then those are subjective also.
Very nice video! It's my first exposure to this pattern.
I spent money to learn this strategy only to be given for free. I should have waited for The Secret Mind. Thank you by the way.
👍
Excellent video. One question: Crab will also have 61.8 retracement. So how to know whether it is a confirmed Gartley or D will go down to form crab Pattern.
Planning a video about all harmonics 👍
almost 600k subs and you should have well above 10m ... your videos are unique well done amazing work m8
👍 Much appreciated!
5:21 I see a two-legged pullback that didn't break the previous high. That makes it natural to expect a trend down.
Thank you for your time in making this video.
👍
A simple way to find this patern is to look at it this way.
It's basically an ABC correction move against the first X to A leg.
is there any video out there regarding this xABC? thanks bro
If you type "Eliot wave #2 ABC Corrections: zigzags,flats and triangles" You will see two patterns. The lower one would be your typical ABC pattern. Basically you would be looking for price to be moving or trending upwards. (X)
Price would then typically begin to fall back/reverse against the up move. This being the A leg of the correction.
Then after a few or more bars, price would begin to move back up again, but fail to reach the previous high. Thus making a (Lower high) This being the B leg.
After which price would fall once again, and actually surpass the low of the A leg, the first move down. Making a (Lower low) But shortly after taking out the low of the A leg price should reverse back up again and above/inside the low point of the A leg, and then (If it is indeed an ABC correction) go on to continue the original move up.
Personally I usually wait for price to close back inside/above the low of the A leg and then go long if the next bar continues moving higher, placing my stop just below the first A leg low.
ABC corrections can happen in both up moves/trends or a down move/trends.
In a down move the A leg of the correction would be just be upwards rather than downwards.
Hope that helps.
Hello. Where do I find the tool you called trade view. And what time frame is that
Excellent video presentation
great video very descriptive. Quick question do you go based of the close of the candle hitting your fibonacci retracement/extension or the wick?
The wick 👍
Thanks to this video, I caught that big 2 day short.
Nice work!👍
I usually look for this pattern along with an RSI divergence for confirmation 🖨💵💵💵
👍
and how's that working for you?
Doesn't work and RSI is not confirmation
Which timeframe is this most accurate on?
H1 and above
@@TheSecretMindset Thank you, I've learned so much from you. I greatly appreciate it
This make many money. Thank you.
You're welcome!👍
Excellent detail.. although my head was spinning, attempting to grasp this Harmonic Pattern :-)
You can do it!👍
Thx for the vid, but I don't like it.
Similar problem like with EWs: "forcing" very specific patterns onto charts.
I'd appreciate more videos based on price action and confluence of factors.
Correct! And the big players who move the market DO NOT buy or sell to „complete some Batman lookalike patterns“ on the screen.
To me this seems ridiculous as well.
Yet the patterns complete whether or not the big players are known to influence them one way or another. The key to take from this video is the phrase 'harmonic'. And the patterns in the video are exclusively the ones where the big players havechanged their long to short-short to long market making and begin new price discovery. This is where sentiment attracts new markets and the up and down and reflexivity can play out again for a new cycle.
Funny how what you've asked for is quite _exactly_ what was presented in this video. But ok.
(edit) he even told it so during the presentation..
will fvg, ob, liquidity etc also help in these patterns or strategy?
Your chart presentions are awesome
These are awesome patterns and have been trading them for years. Please also do a video on the Bullish and Bearish Butterfly. The ABCD alone is also very powerful and considered the backbone
👍
Bro only by using only harominc pattern can we trade top harmonics pattern
am so lost in these patterns, should we have the exact fib numbers ? to be valid ? And if i find the exact numbers with what i can support the pattern for entry chance ?$
Expecting more vedios on patterns 🎉
Sure 👍
► Join TSM Academy: thesecretmindset.podia.com/academy
► FREE TradingView Pro with BlackBull Markets: go.blackbull.com/visit/?bta=35247&brand=blackbull
Did the price of the course go up? Is there any discount codes?
more video on Harmonics pls,Thank you
More to come!👍
Great and clear content! Must be hard to find all the examples. Question though in the tesla example, before it hits D, it hits below C. Why didn't it invalidate the setup?
would be nice to watch more videos like this one about harmonic patterns, showing stop-loss points and tp targets
Where to purchase a scanner or do we have to find the patterns on our own
Awesome video TSM! Really like the mix up lately!
👍
Sir i just want to confirm something you said BC move should retrace .382 or .886 in the video some retrace at 618 ang 786 do we consider that,
Keep it up brother ❤
excellent video thank you sir!
Very welcome👍
Thanks for sharing the knowledge..that really helps
Could you make lesson about AndrewsPitchfork?
Any specific time frame it works best on?
My question too
he said it works for any time frame
I've found after lots of testing the highest Win rates were on the 30min,1hr,4hr,1day time frames so you might want to start there
Great vid! Will try to add it to my arsenal. I find your Doji video the easiest way to make money so far tho :)
👍
This is the alpha people need.
Proper video on the gartley pattern!
👍
How do I get this on trading view
it looks so good but its hard to understand can you break it down a little more? thanks
Which timeframe do you have?
Excellent video.!!!! Thank you.!
👍
I learnt the x,A,B,C AND D ...BUT what is the time frame for this pattern making means 5,10,15minutes
Which harmonics scanner would you suggest and where to purchase?
There are a couple of interesting Tradingview indicators.
@@TheSecretMindset I have seen some advertised online. IML academy has one. And a few that can be purchased or rented on a monthly subscription. However you mention that there are on Tradingview? Is it the same and shows you Gartley/Bat/Butterfly/Crab etc. Patterns? I tried the IML it's very good because they send you notifications on a discord group when the algorithm finds the patterns which is usually every few minutes, but it's expensive to use. Can you suggest any Harmonics scanner which has notifications on 1hr, 4hr or D time frames? Thank you for your help. By the way I found your channel from another trader who I follow who suggested following you: Arty at TMA (The Moving Average).
Bro I love you!!! 👍👍👍😃😃 I am changing my trading thingking really
Great to hear!👍
Can you please make a video on nas100
👍
Thank you for this video a lot I always wanted to know harmo.. patterns. God bless you
You’re welcome 😊
how do you measure the fib levels please. like when you say bc should be 61 percent of xa.
very nice content i need to learn more harmonics thanks you so much
👍
When I trade,
My long entry price becomes support and short entry point becomes resistance 😭😭😭😭😭😭😭😭😭😭
Then switch your entry and stop loss points. Apple pie.
Crazy how my brother and I noticed this type of price action, but didn't know it had a name. We'd just say oh shit we forming the W or M lol
u can add HP indicator in Tradingview
Lol it is also supported by the Mc Donald indicator..search for it in trading view you will see
@@liqetakholumo2580 funny name i'll go check it out too lol
Higher than tops and head n shoulder?🤔
Great lesson 🧲
Glad you enjoyed it👍
lzn is best buy and hold
Fantastic video
👍
So if you do M style Gartley XABCD on the Spy weekly from X= May 3, 2021 to A=Jan 3, 2022 to B=Jan 24, 2022 to C= Mar 28, 2022 to Apr/May 2022, you might see a 1.618 extension around $523. Not sure this is our future. Interested in comments (did I even do it correctly?)
Hello Sir. Great .Can I join ?
Nice video. Great work
Please release more videos about VOLUMES based
👍
Under what name can I find this indicator in tradingview?
How you choose leg X as first point from the pattern? What criteria for leg X?
It has to be the first bullish or bearish move. How you decide if it's a 'move' is up to you. Personally I consider an X to A move to be valid when there is a strong bullish or bearish move, without a pullback.
Nice video bro, you're the best. Your course ever go on discount? Was interested in buying it
You can still use "TSM20" code.
You failed to mention the precise stop loss level of 1.0, as patterns tends to have different sizes. Also consider other elements such as TBP
👍
@@TheSecretMindset Have you read any of the harmonic books by Scott Carney?
absolut hammer !!! what can i say
Too much to take in and quite complex, will stick to applying fibs to a trend line break or the range bars for key levels.
In my recent backtests I skipped the Fib requirements and just focused on finding asymmetric M & W. It's much easier this way.
@@TheSecretMindset hey man not sure if I understand what you said correctly, you mean that as long as we can draw proper M or W, the fib requirements are less needed?
can I know the name of the edit software which you using in video? thanks
Will you add this pattern and the abcd pattern to the academy?
No, will keep the harmonics on the YT channel.
I just checked out your video. It is really helpful. Thanks a lot. I am a newbie trader. Could you help me check the weekly pattern for WTI crude? Is it forming Gartley pattern? If it is, the price of crude will shoot up soon? Am I speculating right if the pattern is fulfilled? Thanks again.
This is to dense for me , but thank you and here is your like
Thank you too!👍
Anything below H4 is irrelevant 😴..
Most daytraders use M5 or M15.
@@andrzejudalski7081 yes but for my lifestyle, swing setups are easier to find and manage
Ty for this video. 👍🏾
Thank you.
excellent video
Thank you very much!👍
Excellent!!!!!
Many thanks!
Yes, Please
👍
Thank you for your work. Wealth distribution is happening now, and you are one of the 'Robin Hoods' making it happen.
This sure looks like the pattern I see on a lot of the weekly charts of cryptocurrencies that peaked in April/May 2021!!!
👍
more price action videos please
Of course 👍
Good stuff.
i love u 我爱你!!!!!!!!!!!你救了我的钱包
Powerful💯💯
👍
Does this Gartley Harmonic “cheat code” work on all time frames? I notice a number of the charts are daily in this video.
I trust the higher time frames. But it's fairly easy to find M&W patterns on lower time frames.
@@TheSecretMindset Excellent! I’m usually a scalper of crypto markets so the hourly, 15 minute and 5 minute timeframes are my guides.
I’m sticking to the Fibonacci and Elliot waves. These harmonics are little bit complicated , but thanks for the good video
👍
Thanks a lot.
Most welcome!
Thanks!
Thanks for the support!
Amazing as always ! Thanks you so much for everything ! God bless you and your family
👍 Many many thanks!
@@TheSecretMindset with pleasure 😀!
boss what else u want..we subscribe likes n bell icon also..but it ll b very helpul you to come n give more n more to educate for what u started it!!
more about VSA
more about Price action
More about 📚!!
Thanks
I've always wondered about the harmonic patterns. There are much more . They depend on alot on Fibonacci ratios? Interesting-thanks.
👍
haemolysis this harmonic is harmonic itself
0:32
Background music name?
Harmonic patterns are very powerful...but be careful of massive pullbacks and spikes in the opposite direction I've been caught out many many times 🤔
👍
Type 2. The second low after the reaction is the signal. Reaction low, reversal low.
Any scanner possible ??
There are a couple of Tradingview indicators👍
The market is very unstable and you can't tell if it's going bearish or bullish.While myself and others are making profits without fear of making a loss others are being patient for the price to skyrocket. It all depends on the pattern you follow.
Looking at the current situation of the
cryptocurrency, it seems that all hope is lost, but there is still great hope. 💯
your pattern drawing at 8:24 minute is wrong... the C was broke