Bat Pattern Statistics and Performance Results

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Bat Pattern Statistics and Performance Results

As leaders in the industry with over a million patterns in our database, FXGroundworks has the largest historical database of harmonic patterns in the currency markets.  With all of these patterns and data we’re able to publish a lot of numbers that might change how your doing you’re own harmonic trading.

In this article we’ll be discussing the Bat Pattern (click here for more on the ratios) and how it is effected over many different time frames.

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Harmonic Pattern Statistics

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Harmonic Pattern Statistics

What works and what doesn’t work when using a Harmonic pattern approach?

The original works of HM Gartley indicated that the B point for a Gartley pattern can be a 0.382 retracement, through to a 0.618 retracement. Gartleys are one of the pairs that are not as favorable to trade as the Bat, Butterfly or Crab, chiefly because it prefers to set up in a channel rather than a range and channels may not appear as frequently as ranges. Plus it’s ...

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How long does it take to become a successful Harmonic Pattern Trader?

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How long does it take to become a successful Harmonic Pattern Trader?

Every sport, whether it’s Chess, Football, Basketball, Swimming – involves education and training.  How can we win multiple Olympic game titles like Michael Phelps – arguably the best swimmer of all times?  Well, we can’t – but if we could get ourselves into shape to emulate his successful swimming career – how would we do that?

First, we would go on a diet – stop eating or drinking things that don’t do much for our mental and physical fitness or well-being.  ...

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We don’t get Information Overload with Harmonic Patterns

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We don’t get Information Overload with Harmonic Patterns

All the information you need is right on the chart in front of you.

You don’t need any more information than you already have.

We have seen a lot of traders over the years try to cheat the process of learning to manage risk while still maintaining an edge in the market.

 

You cannot cheat the process of becoming
successful while trading.

NFP and the result of that new information has zero baring on where the market will go or the direction that ...

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Harmonic Trades based on Structure

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Harmonic Trades based on Structure

A day of trading harmonic patterns using structure ratings:

Improve your pattern selection, and get rewarded for it.

See the difference in your trading by using the structure ratings filter.

It was a Friday afternoon when someone emailed us asking for examples of the last few patterns using the FXGW structure ratings filter.  It was a time-consuming process to put together the patterns and results of each one but we decided to have a look to put some together for the member.  All ...

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