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-   -   Ratios & Harmonics: a Different Way to Trade (https://www.forexfactory.com/showthread.php?t=402253)

Pair-me-up Sep 20, 2018 7:54am | Post# 43201

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This week I have been testing the rules on the 6E Euro Futures. Been picking up average about +40 to +50 points a day on it. It seems like a very fickle, heavy swinging instrument.
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Pair-me-up Sep 20, 2018 8:29am | Post# 43202

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Update on my long 6E.. My YM short is against me for the moment. But it's not over until the fat lady sings. ha ha ha
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PeterT Sep 20, 2018 9:32am | Post# 43203

This is what I saw on the 30m orderflow as far as a harmonic termination zone. Again...hopefully I drew it correctly. {image}
Your harmonics don't seem to be projected from the beginning of a swing but somewhere in the middle (blue lines)?
Maybe I just don't understand what you mean

Pair-me-up Sep 20, 2018 9:38am | Post# 43204

{quote} Your harmonics don't seem to be projected from the beginning of a swing but somewhere in the middle (blue lines)? Maybe I just don't understand what you mean
I am sure you are correct. I just suck at drawing them. I am not a fast learner on somethings sometimes, so I will analyse and practices the rules bit by bit.

JayTrader Sep 20, 2018 9:45am | Post# 43205

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Morning all Trade I took this morning, stopped just hit +66 Looking to re enter it price action makes sense
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Mr. Pip Sep 20, 2018 10:35am | Post# 43206

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Two entries so far
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Mr. Pip Sep 20, 2018 11:19am | Post# 43207

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Long
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Mr. Pip Sep 20, 2018 11:25am | Post# 43208

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BE
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Mr. Pip Sep 20, 2018 11:34am | Post# 43209

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out with 21
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Pair-me-up Sep 20, 2018 11:37am | Post# 43210

out with 21 {image}
Good Job! You really prove that you are a pro in this very volatile market that we have had for the last 2 days. Super slow then a sudden explosion in price movement.

evocpr19 Sep 20, 2018 11:38am | Post# 43211

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Two entries so far {image}
We pushed the price lower together. Same short trade.
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Mr. Pip Sep 20, 2018 11:45am | Post# 43212

{quote} Good Job! You really prove that you are a pro in this very volatile market that we have had for the last 2 days. Super slow then a sudden explosion in price movement.
Thank you, just following my trade plan.

Nikster Sep 20, 2018 1:50pm | Post# 43213

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after 3 trades I had to go away and I saw that the moment I left the ABCDs played out beautifull Just bad luck, it's confirmation that the system worksClick to Enlarge

Name: YM 12-18 (144 Tick) 2018_09_20 (19_46_55).png
Size: 65 KBClick to Enlarge

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evocpr19 Sep 20, 2018 2:06pm | Post# 43214

after 3 trades I had to go away and I saw that the moment I left the ABCDs played out beautifull Just bad luck, it's confirmation that the system works{image}{image}
From your charts today, I do not understand your "system".

Please correct me if I am wrong:

a) After a small 1:1, you enter for the correction. Target the 61.8 of the whole previous 1:1 move
b) If the next candle goes against you, you close.
c) Would you do that with every 1:1 that you can figure out? (I am asking because I see a lot of 1:1 highlighted in the second chart)

Sorry to ask

Matts Micro Sep 20, 2018 2:29pm | Post# 43215

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This trade has been fun to watch, just need that last push to get over the finish line.
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Nikster Sep 20, 2018 2:35pm | Post# 43216

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{quote} From your charts today, I do not understand your "system". Please correct me if I am wrong: a) After a small 1:1, you enter for the correction. Target the 61.8 of the whole previous 1:1 move b) If the next candle goes against you, you close. c) Would you do that with every 1:1 that you can figure out? (I am asking because I see a lot of 1:1 highlighted in the second chart) Sorry to ask
Hey Evoc, Here an example of how I play them:
1)Draw a possible AB leg with the fibgrid
2) If price corrects to the 61.8 or more, condition 1 is met (firts yellow arrow)
3)now wait for the 1:1 completion and price should make it to at least the 127.2 of AB, if the 1:1 is under the 127.2 I will enter at the 127.2 (second yellow arrow)
4) stop goes slightly above 168.8 of AB (red arrow) and you draw a fibgrid from A-D
5) then if price reaches 38.2 of AD (blue arrow)stop goes to BE +2
6) the 61.8 of AD is profittarget (green arrow)

This week the days and hours I traded were not great since I got taken out at BE a lot or for a small loss and that can be because of the small swings I traded and then you don't have a lot of space for trade to breath.Click to Enlarge

Name: YM 12-18 (144 Tick) 2018_09_20 (20_34_53)w.png
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evocpr19 Sep 20, 2018 2:46pm | Post# 43217

{quote} Hey Evoc, Here an example of how I play them: 1)Draw a possible AB leg with the fibgrid 2) If price corrects to the 61.8 or more, condition 1 is met (firts yellow arrow) 3)now wait for the 1:1 completion and price should make it to at least the 127.2 of AB, if the 1:1 is under the 127.2 I will enter at the 127.2 (second yellow arrow) 4) stop goes slightly above 168.8 of AB (red arrow) and you draw a fibgrid from A-D 5) then if price reaches 38.2 of AD (blue arrow)stop goes to BE +2 6) the 61.8 of AD is profittarget (green arrow) This week...
Thank you. Funny way of trading, but if it works for you why not. Please keep us updated about the results.

Wish you many ticks, pips, $,....

Matts Micro Sep 20, 2018 3:50pm | Post# 43218

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This trade has been fun to watch, just need that last push to get over the finish line. {image}
Out with +36 risked 9. I TS'd the NSH.

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This is the 5m but I traded the 144tick (as previous pic), I couldn't fit all tick candles in pic.

Matts Micro Sep 20, 2018 3:53pm | Post# 43219

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{quote} Out with +36 risked 9. I TS'd the NSH. {image} This is the 5m but I traded the 144tick (as previous pic), I couldn't fit all tick candles in pic.
Forgot I had more than screen .
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PeterT Sep 20, 2018 4:21pm | Post# 43220

I've been a little bit undisciplined today.
Lost about 30 points.
Nothing to show today except "how not to trade".


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