Ratios & Harmonics: a Different Way to Trade | Page 1700 | 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

  • #33,981
  • Nov 6, 2017 6:14am Nov 6, 2017 6:14am
Quoting kelvinyun
I'm back in action. Thanks everyone. Let's do our best to achieve that freedom in life. First trade of the day. +30 points for FTSE {image}
Good job man, and really good for you to share your experience, we all go through something like that and it is wonderful how everyone responds to this. Keep up the grind, on about 5-10 years you are so happy you sit this one out, keep grinding and keep us updated mate!
"Luck is when opportunity meets preparation"
  • #33,982
  • Nov 6, 2017 6:59am Nov 6, 2017 6:59am
SHORT setup on UJ,

NSL on both M15 and M5. Trading M5 retracement to fibo 50%. Entered half position.
Attached Image (click to enlarge)
Click to Enlarge Name: 2017-11-06 at 20-57-44.png Size: 34 KB
  • #33,983
  • Nov 6, 2017 7:02am Nov 6, 2017 7:02am
Quoting ltupower
Hi, 1. +17 2. SL at BE, hoping to hit 1:1 {image}
2nd +17 as well.

Great Monday after shity friday. Ninja free is disaster for FXCM, on Friday news hit -39 instead of -18. Planning to seek chart on Ninja and take trades on MT4 and hope SL will not be so slow..
Attached Image (click to enlarge)
Click to Enlarge Name: 11.06-2.png Size: 50 KB
  • #33,984
  • Nov 6, 2017 7:33am Nov 6, 2017 7:33am
Quoting lithium1
SHORT setup on UJ, NSL on both M15 and M5. Trading M5 retracement to fibo 50%. Entered half position. {image}
Momentum is weak. Reduce risk.
Attached Image (click to enlarge)
Click to Enlarge Name: 2017-11-06 at 21-33-02.png Size: 31 KB
  • #33,985
  • Nov 6, 2017 7:43am Nov 6, 2017 7:43am
Quoting lithium1
{quote} Momentum is weak. Reduce risk. {image}
Is this tight trailing don't hurt your expectation of profit targets? I mean you trading that longer term swing and trailing by immediate order flow. I'm not an expert but this should hurt your R:R while closing too much orders and not giving enough room to protect. Just my opinion.
  • #33,986
  • Nov 6, 2017 7:47am Nov 6, 2017 7:47am
already got some premarket action going on, trying to be profitable for 3 months straight.
Currently searching, trying and finding out what markets fits my current lifestyle the best, due to university and work..
already took a loss on OIL, currently in a long aswel, bears some to be in control.
Got a good but expensive rejection candle. But nonetheless
Attached Image (click to enlarge)
Click to Enlarge Name: CL 12-17 (233 Tick) 2017_11_06.png Size: 51 KB
"Luck is when opportunity meets preparation"
  • #33,987
  • Nov 6, 2017 7:48am Nov 6, 2017 7:48am
Quoting ltupower
{quote} Is this tight trailing don't hurt your expectation of profit targets? I mean you trading that longer term swing and trailing by immediate order flow. I'm not an expert but this should hurt your R:R while closing too much orders and not giving enough room to protect. Just my opinion.
Yeah, I tighten my SL to reduce my risk because I see momentum is weakening.

If my SL is hit, I maybe able to enter again at higher price. If this happen, it can actually improve my R:R for this trade (I treat 1 swing setup as 1 trade)
  • #33,988
  • Nov 6, 2017 7:58am Nov 6, 2017 7:58am
I am currently short EURUSD,

Chart will follow later,
veni vidi vici
  • #33,989
  • Nov 6, 2017 8:26am Nov 6, 2017 8:26am
short, against pretty strong momentum..
Attached Image (click to enlarge)
Click to Enlarge Name: CL 12-17 (233 Tick) 2017_11_06.png Size: 63 KB
"Luck is when opportunity meets preparation"
  • #33,990
  • Nov 6, 2017 8:37am Nov 6, 2017 8:37am
Quoting Sheeep44
short, against pretty strong momentum.. {image}
BE +2, NEXT!
"Luck is when opportunity meets preparation"
  • #33,991
  • Nov 6, 2017 9:23am Nov 6, 2017 9:23am
Quoting arc001
Short EU. {image}
stopped at +14. Slight bending of rules as price missed 127.2 by 1 pip.
Attached Image (click to enlarge)
Click to Enlarge Name: 2017_11_06_T233_EURUSD_Exit.png Size: 60 KB
  • #33,992
  • Nov 6, 2017 9:37am Nov 6, 2017 9:37am
Accidently moved my TP on the last trade, it should of have been hit, was away for 1 min
Still 11 ticks,
the next trade (3rd trade) is @ BE+2.
Attached Image (click to enlarge)
Click to Enlarge Name: CL 12-17 (233 Tick) 2017_11_06.png Size: 57 KB
"Luck is when opportunity meets preparation"
  • #33,993
  • Nov 6, 2017 9:57am Nov 6, 2017 9:57am
Quoting lithium1
{quote} Momentum is weak. Reduce risk. {image}
It's getting late here. I will place another limit order with half position and place SL and TP. Will see what happens with the trade tomorrow.
Attached Image (click to enlarge)
Click to Enlarge Name: 2017-11-06 at 23-55-33.png Size: 33 KB
  • #33,994
  • Nov 6, 2017 10:04am Nov 6, 2017 10:04am
3rd trade stopped out @ BE+2 at 2 lots (20$ a tick )
Literally seconds after that price shot up and would of hit my TP
4th trade.
@ AB=CD completion
Bears came in with quite some strength, so decided to wait this one out.. BUT then we had a couple of doji canldes which showed some weakness, after the rotation candle I entered the trade, giving me a good R:R of more than 2:1.
Enjoy
edit: @ BE + 2 currently, trading 1 lot.
Attached Image (click to enlarge)
Click to Enlarge Name: CL 12-17 (233 Tick) 2017_11_06.png Size: 47 KB
"Luck is when opportunity meets preparation"
  • #33,995
  • Nov 6, 2017 10:16am Nov 6, 2017 10:16am
+20
currently, only at prime time 09:00-12:00, up 52 ticks.
ITS MONEY MONDAYY.
Attached Image (click to enlarge)
Click to Enlarge Name: CL 12-17 (233 Tick) 2017_11_06.png Size: 49 KB
"Luck is when opportunity meets preparation"
  • #33,996
  • Edited 1:55pm Nov 6, 2017 1:44pm | Edited 1:55pm
This would be a shot back down to the 618 after a 1:1 harmonic completion and hitting a bit of structure up top.
Nope. Always follow momentum!
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2017-11-07 at 4.41.48 AM.png Size: 103 KB
  • #33,997
  • Nov 6, 2017 5:33pm Nov 6, 2017 5:33pm
Quoting lithium1
{quote} It's getting late here. I will place another limit order with half position and place SL and TP. Will see what happens with the trade tomorrow. {image}
TP hit. +30 with half position.

Would have got another 2 pips more if I can stay up and trail. But it’s ok.
  • #33,998
  • Nov 7, 2017 12:21am Nov 7, 2017 12:21am
https://www.youtube.com/watch?v=KjOjxIkzbhs&t=436s
  • #33,999
  • Nov 7, 2017 12:27am Nov 7, 2017 12:27am
https://www.youtube.com/watch?v=KjOjxIkzbhs&t=436s
  • #34,000
  • Nov 7, 2017 12:40am Nov 7, 2017 12:40am
USDJPY Analysis

Intraday: NSL

- Price made a NSL at 2155 GMT yesterday

Expectation: Price already at my AOI. Will wait to see what price does after market open

Longterm: NSH

- Market is overall bullish
- Will go with intraday expectations
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usdjpy 071117 15m.JPG Size: 121 KB
Click to Enlarge Name: usdjpy 071117 5m.JPG Size: 120 KB
119 traders viewing now