FOREX THEORY
The Gartley and the Animals
Once upon a time, there was this insanely smart trader dude
named Harold McKinley Gartley.
He had a stock market advisory service in the mid-1930s with
a huge following. This service was one of the first to apply scientific and
statistical methods to analyze the stock market behavior.
According to Gartley, he was finally able to solve two of
the biggest problems of traders: what and when to buy.
Soon enough, traders realized that these patterns could also
be applied to other markets. Since then, various books, trading software, and
other patterns (discussed below) have been made based on the Gartleys.
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