• Harmonic Trader

    Harmonic Trading Article Archive

    The Origin of the 0.886 Retracement

    Although the 0.618 and 0.786 retracements have been used in Fibonacci analysis for quite some time, the introduction of the 0.886 ratio is a relatively new discovery. Although I have discussed the ratio on various websites, such as eSignal’s www.esignal.com



    Introduction The ZigZag feature on SharpCharts is not an indicator per se, but rather a means to filter out smaller price movements. A ZigZag set at 10% would ignore all price movements less than 10%. Only price movements greater than


    Atlanta Forex/Option Group 2008 Crash Presentation

    Scott Carney, President and Founder of HarmonicTrader.com, has defined many of the harmonic patterns such as the Bat pattern, the ideal Gartley pattern and the Crab pattern. Author of three books, The Harmonic Trader (1999), Harmonic Trading of the Financial