Ratios & Harmonics: a Different Way to Trade

Quoting Mr. Pip

Disliked

Hello Traders, I am very tied up today and tomorrow and will not be able to be too active here with you all but I have entered this longer term trade and I will be posting updates as it progresses. I entered it around 9am my time so about 20 minutes ago and so far it has not brought on pain. It is an ABCD completion on a three drive pattern. Lets see how it plays out. {image}

Ignored

Quoting evocpr19

Disliked

{quote} I saw the setup too late (price dropped already)

Ignored

Quoting Coreg2004

Disliked

{quote} stick to your own rules of trading, avoid trading on tips b/c you don't know other trader reasons to enter or exit the trade. I can only show you my chart with potential reversal zones (PRZ) where I would be interested to enter long again. {image}

Ignored

Quoting Mr. Pip

Disliked

{quote} This area will find some support maybe offering you and entry I would expect the sellers to come in in my area of interest but as I am typing it is happening. {image}

Ignored

Quoting Mr. Pip

Disliked

Managed to save the image before they came in. {image}

Ignored

Quoting ltupower

Disliked

Ok i read it badly. Seems i enter direct in to the exhaustion of the long term am i right? What now? Long term still NSL, short term we see NSH. And this is the spot where i'm confused which term to trade now :| Any tip? {image}

Ignored

Quoting Milfortra

Disliked

{quote} I am looking at a shorter order flow and expecting a NSH. Still very early.

Ignored

Quoting Sheeep44

Disliked

{quote} Same here, did enter around market open, currently up 37 points

Ignored

Quoting Mr. Pip

Disliked

Managed to save the image before they came in. {image}

Ignored

Quoting Sheeep44

Disliked

{quote} MR pip, what would you recommend to have as a optimal starting capital daytrading futures, I kinda like trading futures more than forex really.. But the starting capital is quite high, SL far away etc.. Not ideal for a starting to live trade futures though.. What are your recommendations and or history with trading futures live with a not so big account? (daytrading)

Ignored

Quoting Mr. Pip

Disliked

An update I have extended my stop to above the 200fib which is where I place it on an entry of of the test of the 161 ext. Haven't quite decided on the rescue mission just yet but price has made a NSH against me and that invalidates my reasons for the trade. I should be looking for a graceful exit but I will be patient with this one. Too early to add another 30 contracts to it my averaged in price would not be much better and that is not smart. {image}

Ignored

Quoting Sheeep44

Disliked

{quote} May I ask, what is the main reason you trade YM and NQ? Was just wondering

Ignored

Quoting Sheeep44

Disliked

{quote} May I ask, what is the main reason you trade YM and NQ? Was just wondering

Ignored