Ratios & Harmonics: a Different Way to Trade | Page 1997 | 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

  • #39,921
  • Apr 26, 2018 9:11am Apr 26, 2018 9:11am
+52 so far
Attached Image (click to enlarge)
Click to Enlarge Name: YM 06-18 (233 Tick) 2018_04_26.png Size: 59 KB
  • #39,922
  • Apr 26, 2018 9:13am Apr 26, 2018 9:13am
Quoting Prock
I placed two buy orders last night in places of structure. 130+ People who say this method doesn't work are missing out {image}
Good trade.

Who are these people? I am not familiar with the method. What exactly is this method? What is the logic of why this method works? Inquiring minds want to know.
Luck has no place in trading. Leave that for the poker table.
  • #39,923
  • Apr 26, 2018 9:15am Apr 26, 2018 9:15am
Quoting Pair-me-up
{quote} Good trade. Who are these people? I am not familiar with the method. What exactly is this method? What is the logic of why this method works? Inquiring minds want to know.
Mr.PIPs method LOL
  • #39,924
  • Apr 26, 2018 9:28am Apr 26, 2018 9:28am
Quoting PipJr
+52 so far {image}
Good job but where was your stop on your second entry ? Seemed unreasonable for me at the time considering R:R was poor af ..
  • #39,925
  • Apr 26, 2018 9:33am Apr 26, 2018 9:33am
Quoting x3m-PippiN
{quote} Good job but where was your stop on your second entry ? Seemed unreasonable for me at the time considering R:R was poor af ..
Stop was at 24080. I was planning to add to it if it got down to around 24120 but I didn't want to miss it. Lots of confluence for it to go higher. And there was support at 24154
  • #39,926
  • Apr 26, 2018 9:49am Apr 26, 2018 9:49am
Trade #1 rescue mission +3
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 99 KB
  • #39,927
  • Apr 26, 2018 9:52am Apr 26, 2018 9:52am
Quoting bmdenton23
Trade #1 rescue mission +3 {image}
nice rescue!
  • #39,928
  • Apr 26, 2018 10:00am Apr 26, 2018 10:00am
Quoting bmdenton23
Trade #1 rescue mission +3 {image}
Got triggered in this trade. Expected a NSL after that, got triggered again. Short term order flow doesnt seem to be my friend for the last weeks. 1597 though is working pretty good as Prock already showed with his trades.
  • #39,929
  • Apr 26, 2018 10:09am Apr 26, 2018 10:09am
First trade was taken on the 144t and stopped out. Looked to the 233t and we had good structure to the left and rotation. Basically got right back in where I was stopped at. I'm not very good with lower T charts.
Attached Image (click to enlarge)
Click to Enlarge Name: YM 06-18 (233 Tick) 2018_04_26.png Size: 62 KB
  • #39,930
  • Apr 26, 2018 10:19am Apr 26, 2018 10:19am
Trade #2 - we hit 1:1 on the longer order flow, trading the 89T IOF on the pullback
+30
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 78 KB
  • #39,931
  • Apr 26, 2018 10:35am Apr 26, 2018 10:35am
-35
Wondering if I should've employed bmdenton's "mental stop" - could've saved a few points
Attached Image (click to enlarge)
Click to Enlarge Name: YM 06-18 (233 Tick) 2018_04_26.png Size: 79 KB
  • #39,932
  • Apr 26, 2018 10:39am Apr 26, 2018 10:39am
Quoting PipJr
-35 Wondering if I should've employed bmdenton's "mental stop" - could've saved a few points {image}
Hey - I just did almost an exact copy of your trade on US30. -35 pips Looking for retracement to place a Short now.
Attached Image (click to enlarge)
Click to Enlarge Name: US30.png Size: 101 KB
  • #39,933
  • Apr 26, 2018 10:50am Apr 26, 2018 10:50am
Trade #3 +18
Didn't quite get the 1:1 or 127, I hit the sell button slow I guess, got in 5 points lower than intended
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 92 KB
  • #39,934
  • Apr 26, 2018 11:01am Apr 26, 2018 11:01am
Went long in the 1597T. 144T 4 losers and 2 BE for today.
Attached Image (click to enlarge)
Click to Enlarge Name: YM 06-18 (1597 Tick) 2018_04_26.png Size: 58 KB
  • #39,935
  • Apr 26, 2018 11:03am Apr 26, 2018 11:03am
US30 - T432

Long @ 24229.65
Target: 24366.32
Stop Loss: 24095.40
Attached Image (click to enlarge)
Click to Enlarge Name: US30 2.png Size: 108 KB
  • #39,936
  • Apr 26, 2018 11:20am Apr 26, 2018 11:20am
I may see what's up after lunch but done for the morning. PipJr / PeteH, I left some comments on this chart as to why I didn't trade the swing you guys lost 35 pts on.

1x Rescue +3
2x Winners +30, +18
----------------------------
Total +51
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 128 KB
  • #39,937
  • Apr 26, 2018 11:23am Apr 26, 2018 11:23am
Quoting Hansl
{quote} Got triggered in this trade. Expected a NSL after that, got triggered again. Short term order flow doesnt seem to be my friend for the last weeks. 1597 though is working pretty good as Prock already showed with his trades.

*Her trades
Ill admit I also took this sell. Was -20. Was expecting a deeper correction but failed to see the short order flow that hit perfectly the 50 fib plus great structure. Definitely hitting myself over it and I usually never partake in these trades. Was focusing on the longer order flow.

I don't trade the 1597 only the 89tick chart. I haven't posted the 1597 tick chart for a couple of months but I always keep it in mind in terms of structure and where the market may go in the future. The red lines on my charts are important structure of the 1597 tick. On the 1597 tick we made a NSL so that means we are in for a deep correction which is why Ive mainly been buying on the 89 tick. My account isn't big enough for large SL on the 1597 its just something I keep in mind when trading the 89. Hopefully this makes sense.

Attached Image (click to enlarge)
Click to Enlarge Name: YM 06-18 (89 Tick) 2018_04_26.png Size: 87 KB
  • #39,938
  • Edited 12:09pm Apr 26, 2018 11:28am | Edited 12:09pm
Quoting bmdenton23
I may see what's up after lunch but done for the morning. PipJr / PeteH, I left some comments on this chart as to why I didn't trade the swing you guys lost 35 pts on. 1x Rescue +3 2x Winners +30, +18 ---------------------------- Total +51 {image}
Thanks for feedback.

US30 - T432 - Update

Long @ 24229.65
Target: 24366.32
Stop Loss: 24095.40

Moved to BE +7
Hit Break Even +7

Moved to BE too quickly. Would have been 80+ pips up. Break Even hit by 1 pip.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: US30 3.png Size: 107 KB
Click to Enlarge Name: US30 4.png Size: 81 KB
  • #39,939
  • Apr 26, 2018 11:55am Apr 26, 2018 11:55am
EUR USD M15
Aggressive C
risk Free Trade I’m trailing
Attached Image (click to enlarge)
Click to Enlarge Name: 37C82E60-35B8-40F9-91BC-25DE3248CD87.png Size: 67 KB
  • #39,940
  • Edited 1:13pm Apr 26, 2018 12:13pm | Edited 1:13pm
Update
Update: Closed out with +130
Attached Image (click to enlarge)
Click to Enlarge Name: YM 06-18 (89 Tick) 2018_04_26.png Size: 57 KB
12 traders viewing now