Ratios & Harmonics: a Different Way to Trade

Built some templates with alerts, still working on finishing just majors, gold, Dax and WTI.
Used several indi inputs - mainly H1 and above TFs - generally up to weekly.
Indis used: Korharmonics, THI V1.2, Carney formation seeker, Ga1Search_patterns.
Marked the alert levels for setup, I am using the True TL alert v1.01 (TTL) for pop-up, possibly mail alerts.
Sound alert with the TTL indi is annoying though, since price at these levels might be struggling a lot.
Also marked yearly high and low levels for the banks to know where they need to take action https://www.facebook.com/images/emoj...1/16/1f642.png
The alert goes on (and on and on!!) when price is near or at trend lines
I drew horizontal TLs with names of patterns, possibly with entry range, some with recommended SL levels.
NZDUSD I generally find being harmonically a nice pair, so I publish its tpl (template) to be checked by anybody interested, having MT4 to load the template on an empty graph of NzdUsd.
It is just an example, feel free to apply, try and comment PLZ!
This is just harmonics, no entry exactly defined other than the HTF ranges.
This is just a set-up alert for me to start looking for a more precise and defined entry.
Good luck, I will be glad if anybody can use it, or comment for improvement opportunity!
Should look like this when template loaded on NzdUsd MT4 graph:
https://i.gyazo.com/93a90a73e551c3345c2823b4a531a02c.png (https://l.facebook.com/l.php?u=https%3A%2F%2Fi.gyazo.com%2F93a90a73e551c3345c2823b4a531a02c.png&h=ATMrizIftnLY3OPgikIr4DWoYxJETvnoN4Ii4HzyZp-kLXkmiNdnwD0wcXXD6Myi-TxPuV4Y9_IXyBAvTdJFiTg-VCvg8qxn-y9xOYPpKTE9QuxsKV3XYSRUeJki9uAxKuSlbXSR89fMbYDyDAUzDkaA-A)

Well. for me last week was house moving week.

Only now have things set up, including internet connection.

I think Mr. Pip would be proud if this "student's" were able to continue the flow here!

Yes let's continue the flow
And welcome back

USDJPY started moving again after a ranging day last friday.
Unfortunately missed the opportunity to go long.
Price broke through resistance area.
I wanted to trade the retest but I was afraid I was getting in too early.
Not sure if it was a good decision or maybe I'm too afraid of making mistakes now..

I just got back from Down Under too with the family. Hoping to catch some green ones later this evening... See you guys later....

Welcome back Milfortra. So batteries recharged, all relaxed and ready to go

This is my trade i took on friday on the S&P
eventually it hit structure so took trade to BE

And then i managed my TS too aggressively so i got out too early, but still had some green pips

hey all after a few months away due to unforeseen family problems i am back and ready to trade again

not sure if anyone remembers me at all i was posting regularly back in feb -march April its good to see that milfortra is still posting and a few others i remember looks like some new faces in the thread also.

im looking to be sharing thoughts on the ym on here on a live basis with anyone that is interested to read my posts may also post a little about cl as they are the two instruments i trade most regularly

anyway lets not let this thread die and lets prosper and profit together

ill be back in an hour or 2 just before the open of ym

johny

Shorted and out of YM with a -20PIPs. Very short lived. Was expecting a 1 to 1 completion and was very tight with my stops. On to the next..

USDJPY long
Was waiting for a deeper correction to go long.
Did not really like the momentum of the bears coming down.
But because it was after a news event, I gave it less importance.

After 61.8% correction price made a first attempt to go up with a nice rotation candle.
Because of the momentum downwards I didn't take it right away.
Price came back down but bears seemed to have difficulties taking price further down.
Had a nice big rotation candle on second touch of 61.8%, although it traded a little bit below its open, I took a long when I saw the next candle moving up.
So entry is a little late but still on 50% retrace.
SL is below the main swing. Adjusted position size to fit my maximum allowable risk per trade.
For a R:R of 1:1 my TP has to be in the resistance zone, a few pips above the highs, so that's not ideal.

Now not getting as much continuation as I would like to see.
But we'll see..

currently long on ym stop already moved to B/E plus a few chart to follow soon

Nice catch.

might be about to be taken out but ive got 13 points locked in now

hit stop on 1st trade plus 14

just missed the second trade

might be seeing a breakdown in the bull momentum anyones thoughts on this?

Momentum and projection still looks strong for the bulls. Can't seem to find any confluence on the turning points to form an AOI towards the downside.

yeah its looking like it corrected just enough to take me out and now carrying on with the move up always a pain but i find humor in it i somehow manage to predict the exact turning points for the end of the minor corrections and place my stop there

Momentum maybe slowing down for the bulls but the projection and depth is still very strong.

Strange cos with that much projection, the depth seems quite deep for the bulls. Guess it is really losing steam.