- October 3, 2022
- Posted by: Forex Wiki Team
- Category: Forex Trading System
Gartley Trading Method Review
The potential of the Gartley Trading Method you now have in your possession is huge.
When coupled with good discipline and good money management, you will find this to be not only an interesting system to trade, but also a profitable system.
The system uses price action and fractals to give you multiple potential trading opportunities, and these are all covered for you in the manual and video.
I encourage you to read through the manual and then watch the accompanying video which take you through each step of the system.
First, we start off with covering the various parts of this system and a simple foundation you need to understand before we get into the rules.
Then, we’ll set up a chart by applying the Fractal indicator. We will be using the MT4 platform, but you will be able to apply the Fractal indicator to your charts no matter what platform you choose to use.
And finally, we will cover the rules for each of the Long/Buy and Short/Sell entries.
Please watch the accompanying video, as I explain on an MT4 chart how to identify set-ups on the chart and what to look out for to label and identify entry points, stop loss, and take profit targets.
Best Brokers ListÂ
The Gartley Trading Method works with any broker and any type of account, but we recommend our clients to use one of the top forex brokers listed below:
The Indicators
The Gartley Trading Method is an extremely simple system, and at the end of the day, that is what's going to make you a profitable trader.
As any professional trader will tell you, simple is always better, and this is one of the best systems you'll find.
The Gartley Trading Method will give you a lot of trading signals, and you will be surprised by the success rate of this system.
This system is called the Gartley Trading Method for a couple of reasons:
• It uses a very high probability setup called the ABCD pattern (also known as the ABC pattern). We approach it a little differently though. We will be using a Fractal indicator and 2 timeframes to provide more signals and safer trades than a usual ABCD pattern would normally provide.
• The next reason is that this system was built to make you at least $100 a day. The success rate of this system should easily provide any trader with a life-long stream of income from $100 a day to $10,000 a day. Of course, this will depend on the size of your account and your ability to follow the rules.
The Gartley Trading Method uses 1 indicator!
We will be using the default setting for the Fractal indicator. It's a basic tool that is
available on every trading platform, so there won't be anything weird or strange with this
from one platform to another.
This tool is technically called a "5 bar high low fractal." It looks for the highest high and
the lowest low of 5 candles and marks off the candle where the middle candle is the
highest or lowest.
• When the middle candle out of those 5 candles has the highest high, a fractal will
appear above that middle candle.
• When the middle candle of those 5 candles has the lowest low, a fractal will appear
below that middle candle.
The ABCD Pattern
The ABCD pattern is an established, old-school, high-probability chart pattern that has been used for years by the most successful traders.
Bullish ABCD Pattern:
• A is a swing low
• B is a swing high
• C is a swing low higher than A
• D is a move 1 pip higher than B
Conclusion
The Gartley Trading Method is a simple but profitable system.
You will find a lot of trading opportunities using this trading system. And with it, you
should easily be able to earn $100 a day using it.
Like any system, try it out on a demo account until you are sure you are comfortable with
the rules and the fact that it works. After that, trade it lives with the smallest lot size
possible. Once you get all that out of the way, use this system to grow your account to
any size you like.
The nature of the Gartley Trading Method means you should be aware of the time of day you
trade the smaller timeframes. No system will make the market move the way you want it
to, so instead, wait for the market to be moving as you want it to before you place a
trade.
Follow the rules, stay disciplined, and you will do amazing things with the Gartley Trading Method
Gartley Trading Method Free Download
We highly recommend trying the Gartley Trading Method with ICMarket demo account. Also, familiarize yourself with and understand how this system works before using it on a live account.
Get Gartley Trading Method - Free ABCD System
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