Ratios & Harmonics: a Different Way to Trade | Page 1862 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

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

Learning to trade with harmonics 11 replies

Time for Change - Pivots & Harmonics to freedom 67 replies

180 reasons to trade Harmonics and Patterns 13 replies

Group Trading based on Elliott wave and Harmonics 0 replies

Attachments: Ratios & Harmonics: a Different Way to Trade
Exit Attachments

Ratios & Harmonics: a Different Way to Trade

  • #37,221
  • Feb 21, 2018 9:33am Feb 21, 2018 9:33am
Looks like I'm residing on the pain train today
Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-18 (144 Tick) 2018_02_21.png Size: 61 KB
If you fail to plan, you plan to fail.
  • #37,222
  • Feb 21, 2018 9:42am Feb 21, 2018 9:42am
I noticed that in the last 3 to 4 weeks that the YM dropped as low as some of the rates on October 20/2017.. What took months to go up came down quick recently.

Has anyone seen anything like this in years past? Also, are having 20 point candles very common on the YM 233 tick chart?
Luck has no place in trading. Leave that for the poker table.
  • #37,223
  • Feb 21, 2018 9:45am Feb 21, 2018 9:45am
Stopped out next!
Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-18 (144 Tick) 2018_02_21.png Size: 57 KB
If you fail to plan, you plan to fail.
  • #37,224
  • Feb 21, 2018 10:14am Feb 21, 2018 10:14am
Long
Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-18 (144 Tick) 2018_02_21.png Size: 41 KB
If you fail to plan, you plan to fail.
  • #37,225
  • Feb 21, 2018 10:18am Feb 21, 2018 10:18am
Seems like we are in the golden zone 61.8 on the 1597tick chart. On the 233t.. weak bulls at the top. Entered short. I still have tons to learn.. but I gotta jump in to the wadding pool..(demo) until I am ready for the real pool. Although it is demo.. I still feel pain on loses...because that means I am further from my dream of trading full time.
Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-18 (233 Tick) 2018_02_22.png Size: 46 KB
Luck has no place in trading. Leave that for the poker table.
  • #37,226
  • Feb 21, 2018 10:19am Feb 21, 2018 10:19am
Tough day after a nice time off. Not the way we want to start coming back from vacation. but as you can see my emotions are under control and I am not upset nor am I sitting here making excuses or cursing anything. The answer for whatever happens to a trade good or bad is next. The second answer is follow your trade plan.
If you fail to plan, you plan to fail.
  • #37,227
  • Feb 21, 2018 10:23am Feb 21, 2018 10:23am
Quoting Mr. Pip
Tough day after a nice time off. Not the way we want to start coming back from vacation. but as you can see my emotions are under control and I am not upset nor am I sitting here making excuses or cursing anything. The answer for whatever happens to a trade good or bad is next. The second answer is follow your trade plan.
Dito, market was like this yesterday too. Price would get into the AOI, rotation candle, followed by range consolidation, followed by breakout in the wrong direction.
  • #37,228
  • Feb 21, 2018 10:23am Feb 21, 2018 10:23am
Quoting Pair-me-up
Seems like we are in the golden zone 61.8 on the 1597tick chart. On the 233t.. weak bulls at the top. Entered short. I still have tons to learn.. but I gotta jump in to the wadding pool..(demo) until I am ready for the real pool. Although it is demo.. I still feel pain on loses...because that means I am further from my dream of trading full time. {image}
Focus on the next trade the next decision and that is all.
If you fail to plan, you plan to fail.
  • #37,229
  • Feb 21, 2018 10:25am Feb 21, 2018 10:25am
Quoting bmdenton23
{quote} Dito, market was like this yesterday too. Price would get into the AOI, rotation candle, followed by range consolidation, followed by breakout in the wrong direction.
It happens and with the wide rage it kind of sucks with the stops and such but we have to play the cards we have.
If you fail to plan, you plan to fail.
  • #37,230
  • Feb 21, 2018 10:25am Feb 21, 2018 10:25am
The next live stream we will discuss emotions and trade management
If you fail to plan, you plan to fail.
  • #37,231
  • Feb 21, 2018 10:26am Feb 21, 2018 10:26am
What a pain in the ... this PA on YM
Attached Image (click to enlarge)
Click to Enlarge Name: aaa1.jpg Size: 282 KB
  • #37,232
  • Feb 21, 2018 10:27am Feb 21, 2018 10:27am
Update on the short term
Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-18 (144 Tick) 2018_02_21.png Size: 54 KB
If you fail to plan, you plan to fail.
  • #37,233
  • Feb 21, 2018 10:28am Feb 21, 2018 10:28am
BE as price is interacting with structure
Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-18 (144 Tick) 2018_02_21.png Size: 54 KB
If you fail to plan, you plan to fail.
  • #37,234
  • Feb 21, 2018 10:35am Feb 21, 2018 10:35am
Locked in 10 points to help absorb some of the negative trades of the day but other then that on the rules.
Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-18 (144 Tick) 2018_02_21.png Size: 62 KB
If you fail to plan, you plan to fail.
  • #37,235
  • Feb 21, 2018 10:35am Feb 21, 2018 10:35am
Today was another bad day for me again basically last 3 trade would have worked out but my emotions just got in the way. Really need to work on my emotional control more.

Trade 1 : 89T took the 1 to 1 to the upside plus resistance at the 1618 Result: -25
Trade 2 : 89T PA retrace to the 618 of the current upswing + Structure to the left Result: BE+2(MY ATM which moves to BE+2 once it hits 30)
Trade 3: Saw the retest on the current swing and fear got into me didn't take it
Trade 4 : 89T PA retrace to 100% of the current upswing + Structure to left Result: BE+1 (My emotion got in the way)
Trade 5 : 89T Saw the retest and decided to take it but somehow i decided to go BE early again

Net Result: -20
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 164 KB
  • #37,236
  • Feb 21, 2018 10:37am Feb 21, 2018 10:37am
Locked in at 86
Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-18 (144 Tick) 2018_02_21.png Size: 62 KB
If you fail to plan, you plan to fail.
  • #37,237
  • Feb 21, 2018 10:39am Feb 21, 2018 10:39am
Adjusted to 83 per short term structure
Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-18 (144 Tick) 2018_02_21.png Size: 62 KB
If you fail to plan, you plan to fail.
  • #37,238
  • Feb 21, 2018 10:41am Feb 21, 2018 10:41am
Let's see if my arrows work today
Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-18 (144 Tick) 2018_02_21.png Size: 62 KB
If you fail to plan, you plan to fail.
  • #37,239
  • Feb 21, 2018 10:42am Feb 21, 2018 10:42am
Quoting Mr. Pip
Adjusted to 83 per short term structure {image}
Congrats.
  • #37,240
  • Feb 21, 2018 10:44am Feb 21, 2018 10:44am
Quoting Mr. Pip
Let's see if my arrows work today {image}
I'm out with +29, just need another 81 to BE today
13 traders viewing now