Ratios & Harmonics: a Different Way to Trade | Page 1654 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

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

Learning to trade with harmonics 11 replies

Time for Change - Pivots & Harmonics to freedom 67 replies

180 reasons to trade Harmonics and Patterns 13 replies

Group Trading based on Elliott wave and Harmonics 0 replies

Attachments: Ratios & Harmonics: a Different Way to Trade
Exit Attachments

Ratios & Harmonics: a Different Way to Trade

  • #33,061
  • Oct 23, 2017 11:11am Oct 23, 2017 11:11am
Quoting PeterT
{quote} Trailing decision candles now 1:1 reached, now in golden zone. Impulse was good so my feeling says we can go higher. But my rules say to trail candles {image}
Excellent!
If you fail to plan, you plan to fail.
  • #33,062
  • Oct 23, 2017 11:14am Oct 23, 2017 11:14am
Quoting PeterT
{quote} Trailing decision candles now 1:1 reached, now in golden zone. Impulse was good so my feeling says we can go higher. But my rules say to trail candles {image}
Taken out for +20 pips
  • #33,063
  • Oct 23, 2017 11:15am Oct 23, 2017 11:15am
Quoting Mr. Pip
{quote} Excellent!
Thanks Mr. Pip!
All thanks to you!
And if it doesn't go well it's because of me
  • #33,064
  • Oct 23, 2017 11:19am Oct 23, 2017 11:19am
Quoting PeterT
{quote} Trailing decision candles now 1:1 reached, now in golden zone. Impulse was good so my feeling says we can go higher. But my rules say to trail candles {image}
I am planning on going the other way (short ), if price gets there to 61.8

Edit: PS: meaning 61.8 of previous NSL swing and to 100% of current 1:1 up move
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20171023_171643.png Size: 81 KB
  • #33,065
  • Oct 23, 2017 11:20am Oct 23, 2017 11:20am
EURUSD
So now we have an ABCD pattern completion.
Not taking the short because the second leg is too strong.
Might wait for the bear correction though and maybe look for a long?
We'll see..

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 137 KB



.
  • #33,066
  • Oct 23, 2017 11:22am Oct 23, 2017 11:22am
Quoting pereiraalex
{quote} I am planning on going the other way (short ), if price gets there to 61.8 {image}
Yeah NSL is still the expectation.
I just don't trust the bullish momentum so I'm sitting on sidelines for now
  • #33,067
  • Oct 23, 2017 11:24am Oct 23, 2017 11:24am
long
Attached Image (click to enlarge)
Click to Enlarge Name: 2.png Size: 32 KB
  • #33,068
  • Oct 23, 2017 11:31am Oct 23, 2017 11:31am
An update going to get out of this with a small profit if I can get it to go and leave the longer term one open.
Attached Image (click to enlarge)
Click to Enlarge Name: YM 12-17 (233 Tick) 2017_10_23.png Size: 73 KB
If you fail to plan, you plan to fail.
  • #33,069
  • Oct 23, 2017 11:31am Oct 23, 2017 11:31am
I want to get to the gym and don't want to leave the shorter term one open
If you fail to plan, you plan to fail.
  • #33,070
  • Oct 23, 2017 11:33am Oct 23, 2017 11:33am
Quoting civo
long {image}
got out + 5 i have visitors coming over so can't manage the trade
GL all
  • #33,071
  • Oct 23, 2017 11:33am Oct 23, 2017 11:33am
Trailing behind decision candle till I can get stopped or a BE then I will set a TP to structure and let it be.
If you fail to plan, you plan to fail.
  • #33,072
  • Oct 23, 2017 11:34am Oct 23, 2017 11:34am
Finally could get a real trade. In total, equivalent to +33 YM points on NQ.
Attached Image (click to enlarge)
Click to Enlarge Name: test.jpg Size: 347 KB
  • #33,073
  • Oct 23, 2017 11:35am Oct 23, 2017 11:35am
-6 on the short term heading to the gym I'll update you all on the longer term later. So -5 points on the short term today for me.
If you fail to plan, you plan to fail.
  • #33,074
  • Oct 23, 2017 11:35am Oct 23, 2017 11:35am
Quoting evocpr19
Finally could get a real trade. In total, equivalent to +33 YM points on NQ. {image}
Great work!
If you fail to plan, you plan to fail.
  • #33,075
  • Oct 23, 2017 11:37am Oct 23, 2017 11:37am
Quoting Mr. Pip
{quote} Great work!
Thank you.
  • #33,076
  • Oct 23, 2017 11:43am Oct 23, 2017 11:43am
Quoting PeterT
{quote} Yeah NSL is still the expectation. I just don't trust the bullish momentum so I'm sitting on sidelines for now

Well ... I have to get in the trade, because my analysis says so. I just don't want to pay much when the stop triggers ... or earn a good RR in the miraculous case of target triggering


EDIT: PS: but it seems that I am out of the trade, either I should have been faster, or putted a short order at 1:1 completion
  • #33,077
  • Oct 23, 2017 11:52am Oct 23, 2017 11:52am
Quoting pereiraalex
{quote} Well ... I have to get in the trade, because my analysis says so. I just don't want to pay much when the stop triggers ... or earn a good RR in the miraculous case of target triggering EDIT: PS: but it seems that I am out of the trade, either I should have been faster, or putted a short order at 1:1 completion
Oh I thought you were already in
I like the bear momentum now.
Maybe we get a nice correction to go short and follow the expectation of NSL again
  • #33,078
  • Edited 6:30pm Oct 23, 2017 4:11pm | Edited 6:30pm
Looks like EJ ready to make NSH.

Attached Image (click to enlarge)
Click to Enlarge Name: EJ 1hr.png Size: 17 KB


Edit- looks like enter too early. close the trade breakeven wait for little more pullback to the previous structure to enter again.
  • #33,079
  • Oct 23, 2017 5:03pm Oct 23, 2017 5:03pm
Just giving a try on minor pair (GBP AUD) 4hr chart. any feedback would welcome.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPaud 4hr.png Size: 25 KB
  • #33,080
  • Oct 23, 2017 8:39pm Oct 23, 2017 8:39pm
usdcad
Attached Image (click to enlarge)
Click to Enlarge Name: a.png Size: 34 KB
8 traders viewing now