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Jeff-
Let me congratulate you on an excellent tutorials posted
to this site. This one is a gem!!!
I didn't have any idea; the definition of a "Gartley 222
harmonic". This is for the benefit
of those who didn't know either:
http://www.harmonicedge.com/gartley.html
Best regards,
Chas
-----
On Fri, 25 Apr 2008 06:53:29 +0800
"Jeffrey Harteam" <jharteam@xxxxxxxxxxxxxx> wrote:
> Hi Chas:
>
> It is a demonstration that harmonics patterns occur
>quite often on various
> markets, especially the Gold market. Yes, I did short
>the gold all the way
> down yesterday; and traded for a swing up when I spotted
>the Gartley
> Harmonics. Although, on other higher intraday
>timeframes; Short setups are
> still in favor. At this juncture, the depicted Gartley
>Harmonics has given
> me a +US3.00- profit (I close the longs already; as I'm
>still in favor of
> the short setups on other higher intraday timeframes);
>and the 'swing up'
> from Gartley pattern could very well be the Wave C of an
>A-B-C corrective.
> Over all, the market is still on a sell mode. Hope I
>clear things up a bit.
> Take care.
>
> Have a good one
> Jeff Harteam
>
> -----Original Message-----
>From: realtraders@xxxxxxxxxxxxxxx
>[mailto:realtraders@xxxxxxxxxxxxxxx] On
> Behalf Of Charles Meyer
> Sent: Friday, April 25, 2008 5:13 AM
> To: realtraders@xxxxxxxxxxxxxxx
> Subject: Re: [RT] Re: Spot Gold
>
> Jeff-
>
> Is this for a trade? I'm not quite sure I understand
>the
> consequences of
> your charts. Uhh...I think you're saying that it was a
> buy today for a
> trade tomorrow; or for a swing up?
>
> Best regards,
> Chas
> ----
>
>
>
> On Fri, 25 Apr 2008 06:25:04 +0800
> "Jeffrey Harteam" <jharteam@xxxxxxxxxxxxxx> wrote:
>> Greetings Traders:
>>
>> I hope everyone has benefited from last night's heavy
>>intraday sell off of
>> the Gold market. Gold has also formed a Gartley 222
>>Harmonic pattern in the
>> late trading hours; For now, intraday bottoming of the
>>Gold market is in
>> place. Please find attached JPGS for the said Harmonic
>>Pattern in the 1-min
>> and 5-min timeframes. Take care.
>>
>> Have a good one
>> Jeff Harteam
>
>
>
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