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

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Ratios & Harmonics: a Different Way to Trade

  • #34,961
  • Dec 17, 2017 2:26pm Dec 17, 2017 2:26pm
Parviz, at a higher timeframe your stop losses are going to be wider, which means that you’ll be able to trade fewer contracts per trade per good risk management rules, which means that yes your commissions may be substantially lower. Frankly imo Damien’s techniques work just as good if not better at higher timeframes though your opportunities will be fewer. You can balance that by looking for opportunities in multiple instruments/indexes/forex/etc, just don’t lose focus by spreading your attention too thin.
  • #34,962
  • Edited 8:05pm Dec 17, 2017 6:57pm | Edited 8:05pm
Quoting parviz1953
{quote} Following previous post, the price further retrace from 61.8% to 78.6% to form a more classic potential Gartelly Pattern. Taking a long trade upon completion of a Reversal Bar , will be a profitable trade with a very low Risk to high reward ratio. EURUSD H4. {image}
Hi all:
As i expected the Reversal is happening, entering now around 1.1750, hopefully will go up to 1.1880 (Around 130 pips), I suggest entering long even with a mini or micro lot as a long term investment may benefit even those who do interaday trading.....
EURUSD H4 : End of C point of a classical Gartelly at 78.6% , D point completion of an AB=CD on long term order flow,at exact 127% of the AB leg projection.verified strong support structure, an engulfing reversing bar, respectful retest and reversal at and of a daily trend line, seem to makes a good confluence .
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  • #34,963
  • Dec 18, 2017 4:28am Dec 18, 2017 4:28am
On all 3 pair waiting to price to come to my area of interest to enter long
Attached Image(s) (click to enlarge)
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  • #34,964
  • Dec 18, 2017 7:38am Dec 18, 2017 7:38am
https://www.youtube.com/watch?v=ez9VYDEaRck&t=229s
  • #34,965
  • Dec 18, 2017 7:54am Dec 18, 2017 7:54am
YM Analysis

Longterm: NSH

- Price made a NSH last weekend and went passed the ABCD pattern which I expected to hold for the sellers, however the buyers were successful in taking it higher
- Possible larger harmonic completion

Intraday: NSH
- The bulls have been quite dominating with no corrections yet
- Will wait for the market to open to get a clearer picture
Attached Image(s) (click to enlarge)
Click to Enlarge Name: YM 03-18 (1597 Tick) 2017_12_18.png Size: 56 KB
Click to Enlarge Name: YM 03-18 (233 Tick) 2017_12_18.png Size: 30 KB
  • #34,966
  • Dec 18, 2017 8:08am Dec 18, 2017 8:08am
GM Traders,

Is everyone excited about the live stream on Friday? I know I am. Boy, this market seems to only want to move in one direction. What a run. That is why we keep trading the expectation. I'm sure the world would probably say that it is overbought but the expectation is the expectation.
If you fail to plan, you plan to fail.
  • #34,967
  • Dec 18, 2017 8:08am Dec 18, 2017 8:08am
Let's see what it offers today.
If you fail to plan, you plan to fail.
  • #34,968
  • Dec 18, 2017 8:23am Dec 18, 2017 8:23am
Hi Mr pip,

Good morning? It is 3.30 pm here, so good afternoon
  • #34,969
  • Dec 18, 2017 8:26am Dec 18, 2017 8:26am
Quoting jandarana
Hi Mr pip, Good morning? It is 3.30 pm here, so good afternoon
Good afternoon
If you fail to plan, you plan to fail.
  • #34,970
  • Dec 18, 2017 8:37am Dec 18, 2017 8:37am
Quoting RajD
YM Analysis Longterm: NSH - Price made a NSH last weekend and went passed the ABCD pattern which I expected to hold for the sellers, however the buyers were successful in taking it higher - Possible larger harmonic completion Intraday: NSH - The bulls have been quite dominating with no corrections yet - Will wait for the market to open to get a clearer picture {image} {image}
Bulls reacted to the gold structure so the bulls might be looking to push this higher. will wait for price to come back to AOI
Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-18 (233 Tick) 2017_12_18v1.png Size: 30 KB
  • #34,971
  • Dec 18, 2017 9:11am Dec 18, 2017 9:11am
Pretty decent shorting opportunity.
Experimenting with longer term TF's, to see how I can better manage my time..
Attached Image (click to enlarge)
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"Luck is when opportunity meets preparation"
  • #34,972
  • Dec 18, 2017 9:17am Dec 18, 2017 9:17am
Hey traders, Having some fun scalping on the 144T
If you fail to plan, you plan to fail.
  • #34,973
  • Dec 18, 2017 9:24am Dec 18, 2017 9:24am
Quoting Mr. Pip
Hey traders, Having some fun scalping on the 144T
Getting good visuals at the 233
  • #34,974
  • Dec 18, 2017 9:31am Dec 18, 2017 9:31am
Longer term
Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-18 (1597 Tick) 2017_12_18.png Size: 42 KB
If you fail to plan, you plan to fail.
  • #34,975
  • Dec 18, 2017 9:38am Dec 18, 2017 9:38am
Quoting Mr. Pip
Longer term {image}
Nice
  • #34,976
  • Dec 18, 2017 9:40am Dec 18, 2017 9:40am
Quoting RajD
{quote} Bulls reacted to the gold structure so the bulls might be looking to push this higher. will wait for price to come back to AOI {image}
Price at my AOI. Waiting for rotating candle
Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-18 (233 Tick) 2017_12_18v2.png Size: 34 KB
  • #34,977
  • Dec 18, 2017 9:43am Dec 18, 2017 9:43am
+44 on YM (I added at the same place) and the equivalent of +10 on Gold.
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  • #34,978
  • Dec 18, 2017 9:46am Dec 18, 2017 9:46am
Quoting RajD
{quote} Price at my AOI. Waiting for rotating candle {image}
Long at 24847

The rotation candle at the 233T wasn't there but there was a rotation candle at the 144 tick.. looked legit plus price at my golden zone so took the trade
Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-18 (233 Tick) 2017_12_18T.png Size: 38 KB
  • #34,979
  • Dec 18, 2017 10:00am Dec 18, 2017 10:00am
Not doing too well in the scalping down 17 points. Having fun doing it though. the issues are on the trade management side. would be profitable overall but mismanaged all my trades. I'll make this work as an alternative to those days when the market just is not moving. Maybe I'll do this on the live stream. If you all want.
If you fail to plan, you plan to fail.
  • #34,980
  • Dec 18, 2017 10:04am Dec 18, 2017 10:04am
Quoting Mr. Pip
Not doing too well in the scalping down 17 points. Having fun doing it though. the issues are on the trade management side. would be profitable overall but mismanaged all my trades. I'll make this work as an alternative to those days when the market just is not moving. Maybe I'll do this on the live stream. If you all want.
Price is not moving much.
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