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"Ratios & Harmonics: a Different Way to Trade." Summary 37 replies

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Ratios & Harmonics: a Different Way to Trade

  • #7,021
  • Jan 4, 2014 8:04am Jan 4, 2014 8:04am
Quoting Muyen
{quote} Bullish structure, there is strength, then weakness harmonically upward. {image}

Good, can you take me a little deeper? Be more detailed. What does this mean and what do I expect next? Answer these question and I will give you my detail.
If you fail to plan, you plan to fail.
  • #7,022
  • Jan 4, 2014 8:06am Jan 4, 2014 8:06am
Quoting Aj1
{quote} Good morning D Firstly regarding the confluence, to my un-trained eye, on that 5min chart I cannot see it. I have zoomed out as far as I can go, and cant see it. Regarding the strong bear candle, the only thing I can think of is, the candle means strength to the downside, this means that I would have expected the price to continue down. However the Bulls rejected lower price, then pushed price higher, then higher again on the second bull candle. Regards Aj1
I will make this a video sometime today or tonight and post it.
If you fail to plan, you plan to fail.
  • #7,023
  • Jan 4, 2014 8:11am Jan 4, 2014 8:11am
Quoting Mr. Pip
{quote} Show me the confluence that help you determine that expectation. I agree with your assessment but I want you to have reasons more than one to accept a trading decision at that level. I want to make sure you are building a solid case for entry. Confluence is important as well it helps you strengthen your expectation or adjust is slightly. In other words it make your expectation more accurate.
Confluence :
Increasing momentum and depth to the up side.
78.6% fib level
S/R key level (dark white horizontal)
Supply and Demand zone.
Attached Image (click to enlarge)
Click to Enlarge Name: xauusdh4.png Size: 33 KB
-milkeyway
  • #7,024
  • Jan 4, 2014 8:12am Jan 4, 2014 8:12am
Quoting itinerant
{quote} Ordinarily I wouldn't bother - I was just being flippant, quipping that the Mark 1 Eyeball had been a little off from my first post after I laid a fib over the swings. The important point is: I think only obvious differences are relevant i.e. 20% to 70% is significant. 20% to 30% is probably not. Something that stands out at you when you look at it. {quote} From what I can calculate from the prices shown on the Advanced Pattern Guide, it is the confluence of 127% retracement of XA and 161.8% extension of AB.
Agee but having an expectation of a shallow pullback for example because of a increase in projection and momentum adds a significance to the 30% so I place importance based on expectation.

From a wider point of view if just looking a order flow this is completely acceptable an a quick way to asses if we are getting stronger or weaker.
If you fail to plan, you plan to fail.
  • #7,025
  • Jan 4, 2014 8:16am Jan 4, 2014 8:16am
Quoting itinerant
{quote} I don't trade cable, but here's some thoughts to get you started {image}
Nice start I like what I see remember to use the top of the swing. I will go deeper in the video but nice job.
If you fail to plan, you plan to fail.
  • #7,026
  • Jan 4, 2014 8:17am Jan 4, 2014 8:17am
Quoting kumaramy
{quote} Confluence : Increasing momentum and depth to the up side. 78.6% fib level S/R key level (dark white horizontal) Supply and Demand zone. {image}
Nicely done don't forget to draw a fib on your expected correction to find ratio confluence as well
If you fail to plan, you plan to fail.
  • #7,027
  • Jan 4, 2014 8:19am Jan 4, 2014 8:19am
Ok traders excellent. I will be in and out post questions and chart this is important to me because it helps me identify what we need to work on.
If you fail to plan, you plan to fail.
  • #7,028
  • Jan 4, 2014 8:56am Jan 4, 2014 8:56am
Anybody has a SupDem plan to match mine up if it is reasonable and for the best levels for the week(s)?
EurUsd W1 developing bear bat, H4 at bull cypher/shark level and H1 bull Crab/Bfly levels
Thanks.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: eurusdh1-0104.png Size: 107 KB
  • #7,029
  • Jan 4, 2014 9:01am Jan 4, 2014 9:01am
Quoting Mr. Pip
GM Traders, How's the battlefield treating you all?
Thanks to your video, I had success today.
Thanks again, and thanks to Horuxito
Attached Image (click to enlarge)
Click to Enlarge Name: audusdh1 45pips03-01.png Size: 39 KB
  • #7,030
  • Jan 4, 2014 9:24am Jan 4, 2014 9:24am
Quoting itinerant
{quote} Nice! I'm not really trading at the moment, but I took this trade too, but I think for different reasons... no harmonics, just a deceleration of momentum into an area of support. Entered on the failure of the second test, once the large bear candle's high was broken. I just thought I'd post it as it's interesting to see the same trade taken, but for different reasons (both of which are compatible with our methods here - harmonics and orderflow). {image}
I do not understand why you stopped trading? why do not you go next? why do you not think: it is a price adjustment?
Trading in the zone
  • #7,031
  • Jan 4, 2014 9:34am Jan 4, 2014 9:34am
Quoting lobogabor
Anybody has a SupDem plan to match mine up if it is reasonable and for the best levels for the week(s)? EurUsd W1 developing bear bat, H4 at bull cypher/shark level and H1 bull Crab/Bfly levels Thanks. {image} {image}

you fall into: chaos model. you should focus on the confluence. price reversal is likely sooner than you expected.

http://www.forexfactory.com/showthread.php?p=6322854#post6322854
Attached Image (click to enlarge)
Click to Enlarge Name: $EURUSD (Weekly) Week 9_2011 - Week 52_2013.jpg Size: 83 KB
Trading in the zone
  • #7,032
  • Jan 4, 2014 9:43am Jan 4, 2014 9:43am
Quoting hao
{quote} I do not understand why you stopped trading? why do not you go next? why do you not think: it is a price adjustment?
I have limited spare time at the moment, so I'm just focusing on studying the principles rather than getting distracted by actual trading.
When I've learned some more (and I have more time) I'll get actively trading again.
  • #7,033
  • Jan 4, 2014 10:03am Jan 4, 2014 10:03am
I will give people a simple rule system. You wonder why S / R, Trenline, Fib, Supply and Demand ... activities.?
answer's really simple: there is a large number of traders using them FF. began to step into FX, I am 100% sure what your broker's instructions: indicator, trendline, S / R, eliot waves, harmonic pattern.

- True, there is a very large number of traders using S / R, trendline, Fib (supply and demand) This is why it works (I'll use according to the majority)
- You can learn a lot in the FF system, there are a large number of systems using S / R or trendline, Fib or supply & demand.

I searched on google definition: PA, BE .... Results: I did not find a basic definition of them. I wonder: the number of traders and their definition of PA and BE is what?

I searched on google images for: s / r and trendline. I learned how assessment is a basic S / R and Trendline. The image is a thinking people rated S / R and the trendline is what?

let's simplify, life, products are commonly used and preferred to form the trend

Here are the simple rules if you want to create your own system.
sorry, my english is not good.
Trading in the zone
  • #7,034
  • Jan 4, 2014 10:08am Jan 4, 2014 10:08am
Quoting itinerant
{quote} I have limited spare time at the moment, so I'm just focusing on studying the principles rather than getting distracted by actual trading. When I've learned some more (and I have more time) I'll get actively trading again.
you should identify the main swing. If you want long-term trade, you use big swing. If you want a short-term trade, you use small swing.
you will avoid overlap model model.
- You will encounter case: small model to affect large model?

good luck!
Trading in the zone
  • #7,035
  • Jan 4, 2014 10:14am Jan 4, 2014 10:14am
Quoting hao
{quote} you should identify the main swing. If you want long-term trade, you use big swing. If you want a short-term trade, you use small swing. you will avoid overlap model model. - You will encounter case: small model to affect large model? good luck!
Thank you for your advice, hao.

Good luck too
  • #7,036
  • Jan 4, 2014 10:20am Jan 4, 2014 10:20am
Quoting itinerant
{quote} Thank you for your advice, hao. Good luck too
The next important thing. confluence model is small compared to the large flow model ?
size S / R & trendline compared with the size model?
Trading in the zone
  • #7,037
  • Jan 4, 2014 10:44am Jan 4, 2014 10:44am
Mr.Pip here is a trade I took on EJ, reasons for entry structure zone, confluence 78.6 and completion of AB=CD to the down side, but I think my entry was not the best decision on pa pulling back from structure zone
Attached Image (click to enlarge)
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I Have Learned to Take Some Losses to Make Profits
  • #7,038
  • Jan 4, 2014 10:59am Jan 4, 2014 10:59am
Quoting TheScorpS
Mr.Pip here is a trade I took on EJ, reasons for entry structure zone, confluence 78.6 and completion of AB=CD to the down side, but I think my entry was not the best decision on pa pulling back from structure zone {image}
I am long for GJ.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpyh1.png Size: 37 KB
-milkeyway
  • #7,039
  • Jan 4, 2014 11:21am Jan 4, 2014 11:21am
Quoting kumaramy
{quote} I am long for GJ. {image}
Looks good to me , lots of confluence into the zone, and depth to the upside
I Have Learned to Take Some Losses to Make Profits
  • #7,040
  • Jan 4, 2014 11:37am Jan 4, 2014 11:37am
Quoting TheScorpS
{quote} Looks good to me , lots of confluence into the zone, and depth to the upside
GJ price may retrace or consolidate @172.90
-milkeyway
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