Attachments: Ratios & Harmonics: a Different Way to Trade

Ratios & Harmonics: a Different Way to Trade

#30,921
Aug 14, 2017 7:41am Aug 14, 2017 7:41am

KensTrader
| Joined Dec 2016 | Status: Trader | 149 Posts

Quoting RajD

Disliked

USDJPY Analysis Short Term: NSH - Market made a NSH at 8:30 am GMT during London market open - There were 2 harmonic patterns completed at the NSH Expectation:

Ignored

Bears looking strong. Waiting to see if 109.60 area can hold....Until am taken out....
Anything can happen

#30,922
Edited 8:11am Aug 14, 2017 7:43am | Edited 8:11am

crixus
| Joined Jul 2014 | Status: Trader | 270 Posts

Quoting parviz1953

Disliked

{quote} Hi: I have changed it according to your comments and it is more flexible ,now you can define your own set of fib values in the input, comma separated , and a Button for reversing the fib pattern. i hope you enjoy using it. {file}

Ignored

@parviz1953

Your tool works just great. However, i would have liked to be able to turn ON/OFF the display of the Fib values for the line on which i click only but not hide all the other fib values for the other legs. In many cases, i like to see the fib ratios of the last two swings. Here is an example:

On this chart there are 3 swings A, B, C. I'd like to see both the ratios for swing B and swing C at the sametime but if i click on the line associated with swing C then the Fib scale for swing B will disappear. So i think treating a click on any given line to toggle the display of the fib ratios ON/OFF would give more flexibility to your tools. Maybe an additional parameter could be added so that we can keep your original idea intact but allow the possibility to treat a click on a line as a switch to turn on/off the display of the Fib ratios on a line by line basis.

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#30,923
Aug 14, 2017 7:48am Aug 14, 2017 7:48am

Mr. Pip
| Membership Revoked | Joined Jul 2010 | 9,273 Posts

GM Traders, After 2 weeks in Hawaii on vacation I'm ready to start mixing it up with the markets again. I will be catching up on a few things today but will be back to trade with you all Tomorrow and post. We will also identify the next live stream. Catch you all tomorrow.

If you fail to plan, you plan to fail.

#30,924
Aug 14, 2017 7:55am Aug 14, 2017 7:55am

KensTrader
| Joined Dec 2016 | Status: Trader | 149 Posts

Quoting Mr. Pip

Disliked

GM Traders, After 2 weeks in Hawaii on vacation I'm ready to start mixing it up with the markets again. I will be catching up on a few things today but will be back to trade with you all Tomorrow and post. We will also identify the next live stream. Catch you all tomorrow.

Ignored

Well be back Sir. See you tomorrow

#30,925
Aug 14, 2017 8:00am Aug 14, 2017 8:00am

josid
| Joined Jan 2010 | Status: Trader | 62 Posts

Quoting Mr. Pip

Disliked

GM Traders, After 2 weeks in Hawaii on vacation I'm ready to start mixing it up with the markets again. I will be catching up on a few things today but will be back to trade with you all Tomorrow and post. We will also identify the next live stream. Catch you all tomorrow.

Ignored

Great to have you back!

#30,926
Aug 14, 2017 9:13am Aug 14, 2017 9:13am

KensTrader
| Joined Dec 2016 | Status: Trader | 149 Posts

Quoting KensTrader

Disliked

{quote} Bears looking strong. Waiting to see if 109.60 area can hold....Until am taken out.... Anything can happen

Ignored

Out -17. USDJPY
Next
The market has done it with love so that i can win the next Trade.

#30,927
Aug 14, 2017 9:17am Aug 14, 2017 9:17am

Milfortra
| Joined Jan 2014 | Status: Trader | 1,089 Posts

PA on YM is just so slowwwwww today. Just waiting for clearer direction to trade it. Bulls showing weakness on its up move but I am not trading the pattern completion or counter trend.

#30,928
Aug 14, 2017 9:36am Aug 14, 2017 9:36am

RajD
| Joined May 2017 | Status: Trader | 616 Posts

Quoting KensTrader

Disliked

{quote} Out -17. USDJPY Next The market has done it with love so that i can win the next Trade.

Ignored

-15 USDJPY
- I reduced my risk after seeing the best candle that took place in 13:00 GMT. However, since i was already in the trade earlier, i decided to go with it.
- I need to be a little bit more patient with my entries.
- Long term expectations play out the most

Will be looking for the next bear setup

#30,929
Aug 14, 2017 9:37am Aug 14, 2017 9:37am

Lundies10
| Joined Jan 2017 | Status: Trader | 183 Posts

Quoting Milfortra

Disliked

PA on YM is just so slowwwwww today. Just waiting for clearer direction to trade it. Bulls showing weakness on its up move but I am not trading the pattern completion or counter trend.

Ignored

Slow is the right word. Bulls showing significant break down but price still moving up. Waiting for something to happen.

I've been away from the thread for a bit but happy to be back guys. Glad to see Mr. P on the thread too! Happy trading today guys make em green!

#30,930
Edited 12:59pm Aug 14, 2017 11:20am | Edited 12:59pm

Lundies10
| Joined Jan 2017 | Status: Trader | 183 Posts

Has anyone found an entry on YM? I saw an expectation failure in the immediate OF and jumped on a short as soon as price came into my AOI. Riding on the pain train now, but after an expectation failure we expect a deep correction and a complex correction so we will see what happens.

EDIT: Removed some risk, stop placed above structure (2nd screenshot)
EDIT2: Price tested structure, moved to BE +2 (3rd Screenshot)
FINAL EDIT: Taken out for BE +2

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#30,931
Aug 14, 2017 1:26pm Aug 14, 2017 1:26pm

evocpr19
| Joined Jan 2016 | Status: Trader | 1,719 Posts

Quoting Lundies10

Disliked

Has anyone found an entry on YM? I saw an expectation failure in the immediate OF and jumped on a short as soon as price came into my AOI. Riding on the pain train now, but after an expectation failure we expect a deep correction and a complex correction so we will see what happens. EDIT: Removed some risk, stop placed above structure (2nd screenshot) EDIT2: Price tested structure, moved to BE +2 (3rd Screenshot) FINAL EDIT: Taken out for BE +2 {image} {image} {image}

Ignored

Since YM did not move a lot, I stayed out.

#30,932
Aug 14, 2017 1:29pm Aug 14, 2017 1:29pm

Lundies10
| Joined Jan 2017 | Status: Trader | 183 Posts

Quoting evocpr19

Disliked

{quote} Since YM did not move a lot, I stayed out.

Ignored

I don't blame you. If it stays in this range, I am done for the day but going to keep an eye on it in case something happens.

#30,933
Edited Aug 15, 2017 6:52am Aug 14, 2017 6:06pm | Edited Aug 15, 2017 6:52am

parviz1953
| Joined Apr 2016 | Status: Trader | 410 Posts

Quoting crixus

Disliked

{quote} @parviz1953 Your tool works just great. However, i would have liked to be able to turn ON/OFF the display of the Fib values for the line on which i click only but not hide all the other fib values for the other legs. In many cases, i like to see the fib ratios of the last two swings. Here is an example: On this chart there are 3 swings A, B, C. I'd like to see both the ratios for swing B and swing C at the sametime but if i click on the line associated with swing C then the Fib scale for swing B will disappear. So i think treating a click...

Ignored

@CRIXUS
I believe this one will satisfy your opinion....
Please those who may use this tool , be kind enough to give me a feedback.(may send me a PM)

EDITED:it is a little different from the previous version in that when you draw a new line it does not show fibo, for that to be shown you should click on the line.(just one click) , then it will be selected and shows fibo ,click again and it will be deselected and hide the fibo.
Now it does not matter how many line you choose ,you can have fibos on as many as you want at the same time.

Edited again :
I had feed backs complaining of some possible bug so i will remove this version ,you may use the version 2 (Post#30914), till i can find the problem and fix it.i apologize for inconvenience.

#30,934
Aug 14, 2017 9:36pm Aug 14, 2017 9:36pm

kelvinyun
| Joined Aug 2012 | Status: Trader | 189 Posts

EURGBP: Waiting for entry to go long.

EURUSD: Still in complex correction. No trade.

USDJPY: Short @ 618%

XAUUSD: Potential long entry.

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#30,935
Aug 15, 2017 3:23am Aug 15, 2017 3:23am

RajD
| Joined May 2017 | Status: Trader | 616 Posts

USDJPY Analysis

Intraday: NSH

- Market made its NSH before midnight
- There's been 4 harmonic completions and price has slowed down since then
Expectation: As per rule, expectation is a NSH on the intraday, however i made that mistake yesterday and went long during a harmonic completion. So will be patient today to see what the market does

Long Term: NSL

- Market is correcting off the main swing as shown in the 15m chart
- It's already at the golden zone which is between the 61.8-78.6 Fib
- Two big harmonic completions also completed as seen in 15m chart
Expectation: Market is overall bearish and it's at structure and there has been a harmonic completion. However, neither the bulls or bears taking part. Long term plays out so will look for that really big bear candle if bulls dont make a move during the course of the day

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