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Update on ODP, just missed the 1.786 extension. It has started a pull back hopefully it it is a strong one.

ODP looks to be making a top now or soon. A friend pointed out it seems to make its major highs in the beginning of the year. plus I liked the patterns i saw. However i left the exact retracements on the chart because the majority of them are very very close to the fibs i use. Good luck...

This post is just a thought, nothing else. Perhaps LU will take a little climb back to the 0.500 Retrace. It seems to like that one if you notice in the chart. It also is a nice wave. I think the overall direction is Down for Lu, but hey if people like to trade it thorugh the up's and downs...

NT LIKES TO GIVE KISSES, JUST KISSED THE 50ma AND REVERSED, JUST LIKE I SAID.

Looking at the 50ma I think i will get out when the chart meets it. Gart

No i was lucky within a few cents.

Looks like Diamonds broke their resistance. Heading for 110-111.

Looksllike NT played kissy face with the 1.272 extension.

Ill do the updates when it completes. Good trading, Gart

Yes I do trade this method. I enjoy it and it has worked well for me. However like i said on my first post some people do not prefer this, which is fine by me. I believe when a trader finds something that works for them they should stick to it. This has worked so I have stuck to it. I also...

I will buy with a stop. If it reverses from where it currently is i will be in the green. If I get stopped out ill wait until the next target and get back into my position. Does that make sense to you? (not being sarcastic) Regards, Gart

Here is a gartley reversal that completed and now is in the transition to a possible Butterfly. However, there is another interesting pattern forming, called a Wolf Wave aka three drives to a low. Nortel currently hit the 1.618 retrace and could possible bounce up to the blue line drawn from...

SOmeone earlier this afternoon said based off of "Cramer". Google was going to $210.00....I beg to differ, however i could be wrong. Here are my thoughts anyways.

Here is the $XAL. AS seen the first small gartley pattern, took off! Now there is another similar one forming. It has not yet hit the AB=CD, but it has retraced where the red dotted line is which is a 0.786 retrace. It could take a climb from here. If not next target is the AB=CD. The...

Over the last 2yrs I have noticed in the Drug index the Gartleyt and Butterfly Patterns work extreamly Well. Here is a Bearish Gartley Also notice it has a double top.

SO Hobbs went from a journal on elite to writing a book?

The gold and silver index may take a small pull back around 101.00, however i would not trade in and out of this.

I believe the diamonds are having a small pull back because of the resistance shown. If in fact it breaks we could see $130.00 give or take a few dollars.

Thanks, i will look up this hobbs guy. I hope your all in some gold, the run has started. Eruo, also! projected 1.38...............

Usually I post trades prior to trading. For some reason I didnt post this one. DOnt know about the rest of you, but I certainly like trading butterfly patterns along with the gartlies.