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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

  • #35,781
  • Jan 22, 2018 2:40pm Jan 22, 2018 2:40pm
Hello I know that is quite general question, but which are the most traded instrument by this system. I just find that only EURUSD and DOW futures 15 minutes is allowed to post. Thank you for answer .
  • #35,782
  • Jan 22, 2018 2:51pm Jan 22, 2018 2:51pm
Quoting Slovaktrader
Hello I know that is quite general question, but which are the most traded instrument by this system. I just find that only EURUSD and DOW futures 15 minutes is allowed to post. Thank you for answer .
The system works for all instruments.
Any instrument and timeframe is allowed for posting :-)

Quoting Mr. Pip
{quote} Feel free to post any instrument and time frame. That was more in the beginning when everyone was learning the concepts....
  • #35,783
  • Jan 22, 2018 2:56pm Jan 22, 2018 2:56pm
Quoting PeterT
EURAUD long rotation candle at 78.6% with good structure {image}
The rotation candle was a dummy.
Last fight at 88.6% and structure to the left..
Probably not trading the right instrument for this time of day..

Attached Image (click to enlarge)
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  • #35,784
  • Jan 22, 2018 3:58pm Jan 22, 2018 3:58pm
Quoting PeterT
{quote} The rotation candle was a dummy. Last fight at 88.6% and structure to the left.. Probably not trading the right instrument for this time of day.. {image}
I didn't expect the trade to develop with such difficulty.
Have to go to sleep so closing the trade for a loss of -5 pips or -20 euro
It may or may not go in my direction, I just can't manage it anymore.
Tomorrow will bring new opportunities

Attached Image (click to enlarge)
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  • #35,785
  • Jan 22, 2018 4:01pm Jan 22, 2018 4:01pm
Quoting PeterT
{quote} I didn't expect the trade to develop with such difficulty. Have to go to sleep so closing the trade for a loss of -5 pips or -20 euro It may or may not go in my direction, I just can't manage it anymore. Tomorrow will bring new opportunities {image}
Good decision, more opportunities are coming to you!
"Luck is when opportunity meets preparation"
  • #35,786
  • Jan 23, 2018 3:35am Jan 23, 2018 3:35am
Quoting Slovaktrader
Hello I know that is quite general question, but which are the most traded instrument by this system. I just find that only EURUSD and DOW futures 15 minutes is allowed to post. Thank you for answer .
Any instrument that is moving during your trading hours. The system is about reading price action so it's not bound to any one instrument. During the London session I trade DAX for example but if I were to trade the NY session DOW would be my baby.
Rise and rise again until lambs become lions
  • #35,787
  • Jan 23, 2018 4:26am Jan 23, 2018 4:26am
Hello i have on AUDUSD 5m NSL and I am waiting fo LH. Would you look for LH and entry to position somewhere between 61,8 and 78.6 fib or would you look for entry lower somewhere around 38,2 and 50 fib or it is not good situation for entry thank you
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD2312018.JPG Size: 85 KB
  • #35,788
  • Jan 23, 2018 5:32am Jan 23, 2018 5:32am
Quoting Slovaktrader
Hello i have on AUDUSD 5m NSL and I am waiting fo LH. Would you look for LH and entry to position somewhere between 61,8 and 78.6 fib or would you look for entry lower somewhere around 38,2 and 50 fib or it is not good situation for entry thank you {image}
We had a break of structure to the downside, usually Im waiting for a correction into at least 61.8 before I would go short. In this case we can see that bears are getting stronger (compare the last two downswings you drew) so we might not get a deep retracement.
My trade plan tells me to have a risk:reward of at least 1:1 so if I have that and PA is indicating that the correction is done I will go short, with a known stop loss, break even and limit point.
Rise and rise again until lambs become lions
  • #35,789
  • Jan 23, 2018 6:44am Jan 23, 2018 6:44am
Quoting Slovaktrader
Hello i have on AUDUSD 5m NSL and I am waiting fo LH. Would you look for LH and entry to position somewhere between 61,8 and 78.6 fib or would you look for entry lower somewhere around 38,2 and 50 fib or it is not good situation for entry thank you {image}
61.8% and 78,6% fib have a good structure area around them.. Price might not get there, due to a little deeper projection and pretty decent momentum, but the depth of previous swing also got quite deep, so I would just wait until it reaches YOUR AOI.

"Luck is when opportunity meets preparation"
  • #35,790
  • Jan 23, 2018 7:01am Jan 23, 2018 7:01am
-3,1 pip EJ
trade on UJ
trade on EU

Eu has a hard time getting over that structure area, could expect a middle retracement..
Attached Image (click to enlarge)
Click to Enlarge Name: Schermafbeelding 2018-01-23 om 14.00.11.png Size: 74 KB
"Luck is when opportunity meets preparation"
  • #35,791
  • Edited 7:58am Jan 23, 2018 7:03am | Edited 7:58am
short GU.

edit: GU -10 pips

UJ: locked in 4,4
EU: locked in 15

Currently up 6 pips for the day
Attached Image (click to enlarge)
Click to Enlarge Name: Schermafbeelding 2018-01-23 om 14.02.57.png Size: 64 KB
"Luck is when opportunity meets preparation"
  • #35,792
  • Jan 23, 2018 8:34am Jan 23, 2018 8:34am
Complicated market today. We should be looking for shorts though. Let's see if I do better today than yesterday.
If you fail to plan, you plan to fail.
  • #35,793
  • Jan 23, 2018 8:39am Jan 23, 2018 8:39am
Quoting Mr. Pip
Complicated market today. We should be looking for shorts though. Let's see if I do better today than yesterday.
It's not real pretty.
Wow! I've got some experience to gain.
  • #35,794
  • Jan 23, 2018 8:39am Jan 23, 2018 8:39am
Quoting Lawnman
{quote} It's not real pretty.
A real shit sandwich
If you fail to plan, you plan to fail.
  • #35,795
  • Jan 23, 2018 8:40am Jan 23, 2018 8:40am
Quoting Mr. Pip
Complicated market today. We should be looking for shorts though. Let's see if I do better today than yesterday.
Do you know why the market is been like a little ' wack'? Because of the US government things and shizzle or is it just random?
"Luck is when opportunity meets preparation"
  • #35,796
  • Jan 23, 2018 8:44am Jan 23, 2018 8:44am
Quoting Sheeep44
{quote} Do you know why the market is been like a little ' wack'? Because of the US government things and shizzle or is it just random?
Probably a lot to do with what's going on in the government.
If you fail to plan, you plan to fail.
  • #35,797
  • Jan 23, 2018 8:48am Jan 23, 2018 8:48am
Is anyone having issues with their connection?
Wow! I've got some experience to gain.
  • #35,798
  • Jan 23, 2018 8:48am Jan 23, 2018 8:48am
Quoting Lawnman
Is anyone having issues with their connection?
Nope
  • #35,799
  • Jan 23, 2018 8:50am Jan 23, 2018 8:50am
Quoting Milfortra
{quote} Nope
I reconnected, seems fine now.
Wow! I've got some experience to gain.
  • #35,800
  • Jan 23, 2018 8:51am Jan 23, 2018 8:51am
My bias may be changing to the long side. I may be interested in longs around 191
If you fail to plan, you plan to fail.
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