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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

  • #37,021
  • Feb 15, 2018 12:07am Feb 15, 2018 12:07am
Quoting PipTrendz
{quote} Wow, some serious pips there!! Looks like most on here have been killing it today I have done well today too, with all trades winning and a total of 232 pips for the day. Traded the morning and commented on those 2 trades earlier. Trade 3 - Price moving quickly and there was a slight correction at an area there was structure, and price looked like the only place it was going was down. jumped in and price was moving so quick I didn't have time to move my TP so +50 it was for that. Trade 4 - Price had retested the lows...
Trade 3 would have been too risky for me. I do not like to jump onto such a move and I did not expect that price will fall that much.
However, you managed your trade nicely.
  • #37,022
  • Feb 15, 2018 2:34am Feb 15, 2018 2:34am
Took 6 longer term trades this week. 3 were winners and 2 were BE and had 1 loser.

up 4,21% for the week.
"Luck is when opportunity meets preparation"
  • #37,023
  • Feb 15, 2018 3:01am Feb 15, 2018 3:01am
#longtermgoals
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"Luck is when opportunity meets preparation"
  • #37,024
  • Feb 15, 2018 6:07am Feb 15, 2018 6:07am
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  • #37,025
  • Feb 15, 2018 7:01am Feb 15, 2018 7:01am
Hi all,

Just opened the YM233. Noticed a 62.8% reversal. I think the following possible ABCD pattern is forming however I would be grateful for any feedback. This assumes the price does close below the 25040.
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  • #37,026
  • Feb 15, 2018 7:05am Feb 15, 2018 7:05am
Quoting PeteH
Hi all, Just opened the YM233. Noticed a 62.8% reversal. I think the following possible ABCD pattern is forming however I would be grateful for any feedback. This assumes the price does close below the 25040. {image}
Meant to say doesn't close.
  • #37,027
  • Feb 15, 2018 7:40am Feb 15, 2018 7:40am
Quoting PeteH
Hi all, Just opened the YM233. Noticed a 62.8% reversal. I think the following possible ABCD pattern is forming however I would be grateful for any feedback. This assumes the price does close below the 25040. {image}
NSH is definitely the expectation. Price did complete the 1:1 since you draw the line before the AB so the expectation was a deep correction which you did get. There is a harmonic completion on the immediate correction to the 61.8 fib and price did react to the structure to the left. So this is an SOS3 which is the strongest of signals. Do wait for that rotating candle for confirmation.

However, the expectation failure will happen when price goes below 24970 and not 25040. Your main swing is from 24970 - 25160

Hope i made sense.
  • #37,028
  • Feb 15, 2018 8:20am Feb 15, 2018 8:20am
Quoting RajD
{quote} NSH is definitely the expectation. Price did complete the 1:1 since you draw the line before the AB so the expectation was a deep correction which you did get. There is a harmonic completion on the immediate correction to the 61.8 fib and price did react to the structure to the left. So this is an SOS3 which is the strongest of signals. Do wait for that rotating candle for confirmation. However, the expectation failure will happen when price goes below 24970 and not 25040. Your main swing is from 24970 - 25160 Hope i made sense.
Thanks for help on this.
  • #37,029
  • Feb 15, 2018 8:35am Feb 15, 2018 8:35am
GM Guys!
Short Working.
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  • #37,030
  • Feb 15, 2018 8:35am Feb 15, 2018 8:35am
Morning Traders, What's up?
If you fail to plan, you plan to fail.
  • #37,031
  • Feb 15, 2018 8:38am Feb 15, 2018 8:38am
Trade Stoped on BE
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  • #37,032
  • Feb 15, 2018 8:41am Feb 15, 2018 8:41am
Quoting Mr. Pip
Morning Traders, What's up?
Good Morning Mr Pip. Let's go catch some PIPs.
  • #37,033
  • Feb 15, 2018 8:42am Feb 15, 2018 8:42am
Quoting Mr. Pip
Morning Traders, What's up?
Howdy! Not much
Wow! I've got some experience to gain.
  • #37,034
  • Feb 15, 2018 8:44am Feb 15, 2018 8:44am
YM - I may give a good rotation at 25025-25045 a try, if we can get back there...
  • #37,035
  • Feb 15, 2018 8:46am Feb 15, 2018 8:46am
Sitting at B/E +5
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  • #37,036
  • Feb 15, 2018 8:50am Feb 15, 2018 8:50am
Quoting Mr. Pip
Morning Traders, What's up?
All good on this end. Hope you doing well
  • #37,037
  • Feb 15, 2018 8:54am Feb 15, 2018 8:54am
Quoting bmdenton23
YM - I may give a good rotation at 25025-25045 a try, if we can get back there...
I was thinking the same thing. Looking for NSH on short (t233) and long term (t1597). Looks like it has rebounded off the structure at 25108.
  • #37,038
  • Feb 15, 2018 8:54am Feb 15, 2018 8:54am
Quoting AzizLight
Sitting at B/E +5 {image}
Sitting in a short from 088.

Edit: trading immediate OF
Wow! I've got some experience to gain.
  • #37,039
  • Feb 15, 2018 8:55am Feb 15, 2018 8:55am
Quoting Mr. Pip
Morning Traders, What's up?
Hey Mr Pip

Looking to make amends for my poor trading on Monday.
  • #37,040
  • Feb 15, 2018 9:00am Feb 15, 2018 9:00am
Quoting PeteH
{quote} Hey Mr Pip Looking to make amends for my poor trading on Monday.
Hey Pete, Kick some ass!
If you fail to plan, you plan to fail.
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