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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

  • #36,121
  • Edited 7:38am Jan 29, 2018 6:39am | Edited 7:38am
I've made it a personal rule to not trade until my boy heads off to school and I otherwise get my day started around 7:45. I've been checking in on this setup since it started around 7AM just to see if my expectations play out and it seems like it's shaping up to do just that.

It's a nice confirmation on a Monday morning of what we're working on. Would have just moved to BE.

Pretty cool stuff!

Edit: 8:37AM Would have been stopped out at BE
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  • #36,122
  • Jan 29, 2018 6:55am Jan 29, 2018 6:55am
Based on what I've been studying this weekend this seems like a good rotation candle to me. Can you guys confirm?

1) It doesn't break of the high of the previous candle
2) It closes in the bottom half of the candle
3) It expands down to at least the half way mark of the previous candle

It doesn't strike me as being the strongest rotation in the world, but rotation nonetheless. Would you agree?

Thanks!
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  • #36,123
  • Jan 29, 2018 7:55am Jan 29, 2018 7:55am
Quoting AzizLight
Based on what I've been studying this weekend this seems like a good rotation candle to me. Can you guys confirm? 1) It doesn't break of the high of the previous candle 2) It closes in the bottom half of the candle 3) It expands down to at least the half way mark of the previous candle It doesn't strike me as being the strongest rotation in the world, but rotation nonetheless. Would you agree? Thanks! {image}
Yup. Would probably give a 7 out of a 10. But a rotation none the less.
  • #36,124
  • Jan 29, 2018 8:23am Jan 29, 2018 8:23am
Quoting AzizLight
Based on what I've been studying this weekend this seems like a good rotation candle to me. Can you guys confirm? 1) It doesn't break of the high of the previous candle 2) It closes in the bottom half of the candle 3) It expands down to at least the half way mark of the previous candle It doesn't strike me as being the strongest rotation in the world, if Ibut rotation nonetheless. Would you agree? Thanks! {image}
If I could give you advice, pick a set of rules and just backtest. Imho no one can decide if it is an entry besides yourself and your rukes. Mine maybe say that is a weaker one and pass on it, some say it is a really string one and so on and on. The best way to know for ‘ sure ‘ and trade rotation candles is to backtest buddy. Best advice I could give and one of the better advices I have received.
"Luck is when opportunity meets preparation"
  • #36,125
  • Jan 29, 2018 8:33am Jan 29, 2018 8:33am
Good Morning Traders,

Hope everyone is doing good! let's see what the market offers today.
If you fail to plan, you plan to fail.
  • #36,126
  • Jan 29, 2018 8:33am Jan 29, 2018 8:33am
Quoting AzizLight
Based on what I've been studying this weekend this seems like a good rotation candle to me. Can you guys confirm? 1) It doesn't break of the high of the previous candle 2) It closes in the bottom half of the candle 3) It expands down to at least the half way mark of the previous candle It doesn't strike me as being the strongest rotation in the world, but rotation nonetheless. Would you agree? Thanks! {image}
I love that rotation myself
If you fail to plan, you plan to fail.
  • #36,127
  • Jan 29, 2018 8:37am Jan 29, 2018 8:37am
Quoting Mr. Pip
Good Morning Traders, Hope everyone is doing good! let's see what the market offers today.
Good morning! Doing well, thank you.
Wow! I've got some experience to gain.
  • #36,128
  • Jan 29, 2018 8:47am Jan 29, 2018 8:47am
Interested in shorts around 94-600 area
If you fail to plan, you plan to fail.
  • #36,129
  • Jan 29, 2018 8:48am Jan 29, 2018 8:48am
Good evening everyone.
  • #36,130
  • Jan 29, 2018 8:49am Jan 29, 2018 8:49am
My YM trade: +34
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  • #36,131
  • Jan 29, 2018 8:49am Jan 29, 2018 8:49am
Quoting Mr. Pip
Interested in shorts around 94-600 area
I feel lost in the complexity right now.
Wow! I've got some experience to gain.
  • #36,132
  • Jan 29, 2018 8:50am Jan 29, 2018 8:50am
YM - short at 26584 on AB=CD completion.
Out for +14
  • #36,133
  • Jan 29, 2018 8:55am Jan 29, 2018 8:55am
Goodafternoon everyone

i'm on the sidelines for now
  • #36,134
  • Jan 29, 2018 8:58am Jan 29, 2018 8:58am
Quoting Lawnman
{quote} I feel lost in the complexity right now.
We are in a very complex correction with the expectation of a NSL
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If you fail to plan, you plan to fail.
  • #36,135
  • Jan 29, 2018 8:59am Jan 29, 2018 8:59am
[quote=civo;10718633]Goodafternoon everyone i'm on the sidelines for now[/quote

Same here. Still sitting on my hands. PA currently in a complex correction both in the immediate and short term OF.
  • #36,136
  • Jan 29, 2018 9:02am Jan 29, 2018 9:02am
My zones. Lets hope price can get there
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  • #36,137
  • Jan 29, 2018 9:05am Jan 29, 2018 9:05am
Just took a really impulsive long at 546 (YM). Waiting to be stopped out...
Wow! I've got some experience to gain.
  • #36,138
  • Jan 29, 2018 9:05am Jan 29, 2018 9:05am
Bull zone looks weak
  • #36,139
  • Jan 29, 2018 9:08am Jan 29, 2018 9:08am
Quoting Lawnman
Just took a really impulsive long at 546 (YM). Waiting to be stopped out...
SL hit -21
Wow! I've got some experience to gain.
  • #36,140
  • Jan 29, 2018 9:17am Jan 29, 2018 9:17am
Quoting Lawnman
Just took a really impulsive long at 546 (YM). Waiting to be stopped out...
You know better. Come on!
If you fail to plan, you plan to fail.
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