Gartley Pattern intelligence, coming into focus.

Larry Pesavento is the Secret Santa that gave the trading world the gift of the Gartley pattern. In the 1970's, Larry was reading a 1935 book on trading by H.M. Gartley, "PROFITS in the stock market", when he came across a tiny little section of a chart in Figure 27 on page 222. The chart was NOT about the pattern Larry saw when he looked at it, but it was an adequate enough muse for Larry to formulate what he decided to call The Gartley Pattern.

In words, the Gartley pattern is an ABCD (lightening bolt symbol) immediately following a longer leg in the opposite direction. I think what's special about the Gartley, is the confluence of the D point of an ABCD pattern and a Fibonacci level based on the previous leg. You can think of both of those adding reverse pressure on price action.

Larry is an outgoing, sociable, people-person, doing his live show, writing books, and touring the world giving talks on trading, but when it comes to credit and praise, he is a humble man. He could have easily, and deservedly named it the Pesavento Pattern. But he chose to give the glory to Mr. Gartley.

I am so grateful to have encountered Larry on the TFNN internet show some years ago in 2020. It is where I first heard of the Gartley Pattern. I was having trouble finding a good pattern that actually had an edge. After many months of hearing about it, I finally decided to check it out in earnest. Between the Gartley and Larry's other patterns, I became a fan. Next thing I knew, I was calling him on the phone and asking a million questions about his patterns. Eventually I became a bona fide student and started trading what I learned. It changed my trading life. I finally had patterns with a sustainable edge over time.

I'd like to thank Larry for providing generous amounts of time, insight, and personal experience to traders who seek his counsel.

Larry Pesavento is a pro’s pro. He's a 45+ year veteran day trader, former member of the Chicago Mercantile Exchange, and previously managed Drexel-Burnhan-Lambert’s commodity department in Los Angeles. The author of 13 books, Larry has trained over 1,000 traders in the past 25 years using the pattern recognition swing trading methodology outlined in his books. He has also given presentations to groups all over the world.

In gratitude, I'd like to dedicate this website to the significant contribution Larry has made to the trading community, and to me personally. Thank you Larry.

Larry can be found weekdays live on TFNN.com at 1:00pm Eastern, and at [email protected].