Ratios & Harmonics: a Different Way to Trade

No I let the trade run it's course. You can't let a couple of candles steer your decisions as a whole.

I have the same question in the EurUSD (last Photo).
I think in the Long term is "B". But in the short term is A.

I traded against the expectation and got burned.

It looks like a good buy now

I tried on YM, but screwed up the trades (+6 instead of ....). Damian, I hear your voice with respect of protecting early.

2nd trade BE

longer term long

a better look

Overall the bulls were stronger so I felt good about the trade. but it was a longer term situation and I felt good about where my stop was. but it failed.

BE longer term.

Price is fighting at structure

Update

I try to help based on my limited knowledge:

Pic 1 : Yes, but it doesn't have much value because it's just a correction to the swing before it. The swing before it holds structural importance, you can see it in M30 when you draw stucture areas.

Pic 2 : Yes, you can see price bounced off it a little in M30. But the value of that structure is not that important compared to the one above it because price bounced off it more often and stronger in M30.

Pic 3 : Looks like you went to BE too soon, ideally should go to BE when price test the structure of the bottom of the swing you're trading.

Pic 4 : 1st entry is a good location, but the rotation candle is weak so it's not a good entry. 2nd entry is not a good location from risk-reward perspective, Mr. Pip won't take that kind of entry as it is chasing price. But I would, and I will put my stop above 1st entry location.

Pic 5 : I will see where price gives the entry, if the bears weaken while approaching A and I get a good rotation candle, then I will put my SL below A. Likewise the same applies for zone B.

Long on the short term

( if to be exact, which will be NSL , because i need to know when to change expectation. )

Thanks

My 1st Forex Factory post...... I've been catching up on this thread, through page 1100.
My intentions are to only post YM trades.

Pic 1 : Yes, but it doesn't have much value because it's just a correction to the swing before it. The swing before it holds structural importance, you can see it in M30 when you draw stucture areas.
( As i know we should not go to M30 to determine NSH/NSL , except to know the longer term order flow , i want to know was that a NSL was because to know when to change my expectation thus change my trade direction. ) ( if that was NSL then price close above 1.339 = NSH? GU-11.45 5min. , or should ignore it due to the pattern has not much value )

Pic 2 : Yes, you can see price bounced off it a little in M30. But the value of that structure is not that important compared to the one above it because price bounced off it more often and stronger in M30.
( if that was NSH , it mean i would need to look for long after price goes above the higher low / 112.180. , or ignore it? )

Pic 3 : Looks like you went to BE too soon, ideally should go to BE when price test the structure of the bottom of the swing you're trading.
( ok , that mean i should wait price go low / high or swing to move to BE , but what i know/heard/learn was to move to BE once price goes structure area , i am very weak on the knowledge of moving SL )

Pic 4 : 1st entry is a good location, but the rotation candle is weak so it's not a good entry. 2nd entry is not a good location from risk-reward perspective, Mr. Pip won't take that kind of entry as it is chasing price. But I would, and I will put my stop above 1st entry location.
( the picture circle were entry and exit price , just 1 trade , so did i move my SL right? )

Pic 5 : I will see where price gives the entry, if the bears weaken while approaching A and I get a good rotation candle, then I will put my SL below A. Likewise the same applies for zone B.
( if to be exact, which will be NSL , because i need to know when to change expectation. )

Thanks

In my last trade, I let the bar-by-bar convince me to BE using my TP order. This was a bad move and went straight into the rules. I ended up being right and missed out on 43 pips.

Pretty sure what I should have done was reduce risk by tightening my stop but still employing some thoughtful placement if I was convinced things were going against me.

Good luck on your trades (both long term and short term) but I guess you don't need luck. Got bullied by PA and talked myself out of a couple of good trades today. Hope to do better tmrw. Take care and God bless.

Mr. Pip, I'm trying to figure out your thought process for your entry on your "long term" trade. Can you explain when you get a moment? Thanks...