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Strategies & Market Trends : Harmonic Trading with The Phoenix -- Ignore unavailable to you. Want to Upgrade?

To: investsformoney who wrote (326)1/28/2003 12:33:09 AM
From: mishedlo  Read Replies (3) | Respond to of 941
 
Well the "bullish gartley completed" but GE was at a low.
Is a completed bullish gartley always a low and a bearish gartley always a high?

Then the Phoenix seems to have an implied target of some kind.
What is that target?
How do I see that.

I see the nice butterflies but otherwise I am totally clueless (and could not draw one properly to save my life either). I am just more or less interested in his direction to see how these do.

M



To: investsformoney who wrote (326)1/28/2003 6:43:45 AM
From: the-phoenix  Respond to of 941
 
Good answer. Another low-risk way to trade is to wait for a retest of the PRZ, after an initial reversal. Always with a money management stop, of course.


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