Exploit Harmonic Patterns in a different way.
"Trading with the Trendlines - Harmonic Patterns Strategy" by David Carli
"Harmonic Patterns Strategy" is the first volume of the series "Trading with the Trendlines." The book explains a strategy applicable in every market (forex, equities, commodity...), based on a harmonic pattern and trendline.
You will see harmonic patterns from a different perspective. The strategy, in fact, is not used in a classical way but seeks to exploit the completion of a Gartley or Butterfly, trying to ride the last leg.
What you are going to read in this book is my personal interpretation of this type of pattern. A way to predict a future movement of a market, which I have elaborated after observing many similar situations, and identifying a subsequent trend common to many cases that share certain conditions.
Identifying the target profit and stop-loss of this strategy is both easy and clear. Not only this but depending on your account, I will also explain the correct position sizing so that you can properly manage your money.
If you are a beginner, do not worry; the first two chapters will provide you with adequate knowledge for understanding the strategy and using it correctly.
Do not be tricked by the fact that "Trading with the Trendlines - Harmonic Patterns Strategy" is widely distributed at printing price. The strategy, if you use it correctly and with the appropriate money management for your account, will give you a high percentage of profitable trades.
However, combining this strategy with fundamental analysis is recommended, as is opening a position only if both give the same signal.
