July 20, 2009 - Harmonic Patterns 15M Bearish Gartley and PRZs or potential reversal zone

[fxgroundworks]

Thats a great question! Harmonics are reversal patterns, you can play patterns that are reversing "with the trend" as well as "against the trend". One thing is clear is the market never moves in a straight line and you can profit from going with or against the trend. Some in our room do this, and some just play the patterns no matter what they believe is the direction of the trend & have shown great profits ither way...The word "Trend" can even be called into question as to what it really is :)

[mavisbarua]

dude the dirction of the market is clearly changing to bullish why would you ever want to move against the market. i believe its just better to follow the trend direction, pay close attention to when it is going to change, and go for longer profits

[stoffelcorey]

You explain very well. thank you

[TheTrader88888]

looks good!