The book was a lengthy one at that and back in the days it sold for a premium. The most famous aspect of H. Gartley outlines the trading methodology using the Gartley pattern. Most traders who might have come across references to the Gartley pattern will know their close relation to Fibonacci numbers.
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Gartley Reversal and Retracement: Meet H. Gartley February 25, by Ross Beck One of the most powerful patterns in the financial markets is the Gartley pattern. Before we define the pattern itself, we must give credit where credit is due and discuss the man himself, H. Harold Gartley was born in Newark, New Jersey in Over the years he worked on Wall Street as a board boy, runner, broker, analyst, financial advisor and educator.
He traveled to give lectures on the subject of technical analysis and privately taught many prominent Wall Street traders at the time. However the selling price of the course was high at the time. It is said that Gartley has done more work on the subject of volume analysis in the stock market than anyone else.
He covers a number of different patterns in the book, but he spends more time on one pattern than he does all the other patterns. This particular pattern is discussed in detail on page and today is referred to as the Gartley pattern. Gartley was one of the founders of the New York Society of Security Analysts and from until his retirement in , he worked in the field of financial public relations.
Harold M. Gartley passed away in at the age of In , the Market Technicians Association gave its annual award posthumously to H. Gartley for his contribution to technical analysis.
Gartley is a Fellow of the Canadian Securities Institute and world renowned public speaker on technical analysis. Click here for more information.
Harmonic Pattern GARTLEY
The Gartley Pattern Named after the pattern that appears on page of H. The real beauty of this pattern is that when properly identified, it enables you to enter with the trend in a high probability reversal zone with minimal risk. Over the last decade we have observed, especially in the case of "Bearish Gartley" patterns, that those with a climax top demonstrated by extreme volume spikes at "X" make for exceptional trading opportunities. The presence of such conditions prevent you from taking a "gamble" at a high or low. Why Does it Work?
Gartley Reversal and Retracement: Meet H. Gartley February 25, by Ross Beck One of the most powerful patterns in the financial markets is the Gartley pattern. Before we define the pattern itself, we must give credit where credit is due and discuss the man himself, H. Harold Gartley was born in Newark, New Jersey in