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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

  • #30,281
  • Jul 12, 2017 9:28am Jul 12, 2017 9:28am
Quoting Mr. Pip
I would like to see if I can find a long at 496 area. From a structure and RR area it's the best option.
Damian,

Do you still look at he volume ladder aka Footprint?

P.S. Crude Oil Inventory at 10:30 ET this can influence the YM/ES/NQ and even bring a change of order flow so caution.
  • #30,282
  • Jul 12, 2017 9:32am Jul 12, 2017 9:32am
Quoting crixus
{quote} Damian, Do you still look at he volume ladder aka Footprint? P.S. Crude Oil Inventory at 10:30 ET this can influence the YM/ES/NQ and even bring a change of order flow so caution.
No, I found it conflicting my thought process and I made better decisions with out it
If you fail to plan, you plan to fail.
  • #30,283
  • Jul 12, 2017 9:35am Jul 12, 2017 9:35am
Both side are trying to defend must be patient and take the trade on my terms and at the price I want to pay.
Attached Image (click to enlarge)
Click to Enlarge Name: YM 09-17 (233 Tick) 2017_07_12.png Size: 46 KB
If you fail to plan, you plan to fail.
  • #30,284
  • Jul 12, 2017 9:36am Jul 12, 2017 9:36am
YM

There's also this...

Wouldn't be surprised if we see a return to one of the 382's.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 108 KB
  • #30,285
  • Jul 12, 2017 9:37am Jul 12, 2017 9:37am
Quoting jmezz
YM There's also this... Wouldn't be surprised if we see a return to one of the 382's. {image}
Maybe, thanks for pointing it out. I don't see enough breakdown in the order flow to suggest that deep of a correction but anything is possible.
If you fail to plan, you plan to fail.
  • #30,286
  • Jul 12, 2017 9:38am Jul 12, 2017 9:38am
haiz miss my chance to enter @ 458 for YM was in a meeting
  • #30,287
  • Jul 12, 2017 9:41am Jul 12, 2017 9:41am
Quoting Mr. Pip
I would like to see if I can find a long at 496 area. From a structure and RR area it's the best option. {image}
agree watching around the same level to go long
Attached Image (click to enlarge)
Click to Enlarge Name: dow7.png Size: 46 KB
  • #30,288
  • Jul 12, 2017 9:43am Jul 12, 2017 9:43am
YM

If we bounce and fail to create a new high, then I may look to short for 460-465.

IB stat is still open so very well could make the new high.
  • #30,289
  • Jul 12, 2017 9:45am Jul 12, 2017 9:45am
Quoting Aluunatic
haiz miss my chance to enter @ 458 for YM was in a meeting
I'm long at 495
If you fail to plan, you plan to fail.
  • #30,290
  • Jul 12, 2017 9:47am Jul 12, 2017 9:47am
YM

Keeps getting slapped by structure at 508

Edit -

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 77 KB
  • #30,291
  • Jul 12, 2017 9:49am Jul 12, 2017 9:49am
Quoting Mr. Pip
{quote} I'm long at 495
Did not engage as the rotation bar was not to my liking....looking good now.
  • #30,292
  • Jul 12, 2017 9:50am Jul 12, 2017 9:50am
Quoting jmezz
YM Keeps getting slapped by structure at 508
I know pain in the ass. Looking for price to at least hit 516 the patterns profit target. I'll get to BE around there and there is structure.
If you fail to plan, you plan to fail.
  • #30,293
  • Jul 12, 2017 9:50am Jul 12, 2017 9:50am
Quoting Mr. Pip
{quote} I'm long at 495
didn't enter as it passed my AOI by a couple of points and also didn't like the way the bears got to my AOI
Good luck!
  • #30,294
  • Jul 12, 2017 9:53am Jul 12, 2017 9:53am
Quoting civo
{quote} didn't enter as it passed my AOI by a couple of points and also didn't like the way the bears got to my AOI Good luck!
Thanks, I know the bulls don't look great but it's the strongest signal in my trade plan. If it fails it fails.
If you fail to plan, you plan to fail.
  • #30,295
  • Jul 12, 2017 9:59am Jul 12, 2017 9:59am
Shit head bears are fighting hard.
If you fail to plan, you plan to fail.
  • #30,296
  • Jul 12, 2017 10:00am Jul 12, 2017 10:00am
Quoting Mr. Pip
{quote} Thanks, I know the bulls don't look great but it's the strongest signal in my trade plan. If it fails it fails.
i was looking to go long but the huge rotation to the upside ruined the RR
Attached Image (click to enlarge)
Click to Enlarge Name: dow8.png Size: 44 KB
  • #30,297
  • Jul 12, 2017 10:04am Jul 12, 2017 10:04am
Quoting civo
{quote} i was looking to go long but the huge rotation to the upside ruined the RR {image}
Had the same intention and the same reasoning stopped me from engaging.
  • #30,298
  • Jul 12, 2017 10:05am Jul 12, 2017 10:05am
Still hanging in there back to +1 at the moment
If you fail to plan, you plan to fail.
  • #30,299
  • Jul 12, 2017 10:08am Jul 12, 2017 10:08am
back on the pain train
If you fail to plan, you plan to fail.
  • #30,300
  • Jul 12, 2017 10:16am Jul 12, 2017 10:16am
My stop is at 475
If you fail to plan, you plan to fail.
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