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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

  • #42,121
  • Jul 25, 2018 9:41am Jul 25, 2018 9:41am
Morning All
Trade for today. Not the best entry's but got the job done. Would have loved to entered one more at the top around 25178 but was at max % for this trade.
+122 points
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Always Learning
  • #42,122
  • Jul 25, 2018 9:51am Jul 25, 2018 9:51am
Let's go sellers
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If you fail to plan, you plan to fail.
  • #42,123
  • Edited 10:26am Jul 25, 2018 10:07am | Edited 10:26am
got short with immediate order flow in line with strength, didn't have time to post because price took off and i had to be very active in managing this trade. Out at the 1:1 with +12
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  • #42,124
  • Jul 25, 2018 10:09am Jul 25, 2018 10:09am
YM - short at 25154 and at BE. Target 25047
  • #42,125
  • Jul 25, 2018 10:09am Jul 25, 2018 10:09am
BE now lets runnnnnnnnn it sellers
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If you fail to plan, you plan to fail.
  • #42,126
  • Jul 25, 2018 10:09am Jul 25, 2018 10:09am
Trailing on the ABCD
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If you fail to plan, you plan to fail.
  • #42,127
  • Jul 25, 2018 10:10am Jul 25, 2018 10:10am
Taken out at 45 points
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If you fail to plan, you plan to fail.
  • #42,128
  • Jul 25, 2018 10:12am Jul 25, 2018 10:12am
Quoting Mr. Pip
Taken out at 45 points {image}
Chickened out on the main swing?
I take it back, I see your initial stop was the small swing.
  • #42,129
  • Jul 25, 2018 10:20am Jul 25, 2018 10:20am
Quoting bmdenton23
{quote} Chickened out on the main swing?
Never, have to go pick up my princess and decided to trail on the shorter more immediate ABCD also a good area of support. I expect it to fail. Alsodid not want to give it all back if the area held. Looks like a good move.
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If you fail to plan, you plan to fail.
  • #42,130
  • Jul 25, 2018 10:20am Jul 25, 2018 10:20am
Catch you all tomorrow have to run
If you fail to plan, you plan to fail.
  • #42,131
  • Jul 25, 2018 11:18am Jul 25, 2018 11:18am
always a sad day when price meets all of your rules into your AOI only to have no rotation...
  • #42,132
  • Jul 25, 2018 11:33am Jul 25, 2018 11:33am
Quoting S41nt
always a sad day when price meets all of your rules into your AOI only to have no rotation...
Which one ? Can post chart? Cause I am getting good results on eu
  • #42,133
  • Jul 25, 2018 11:41am Jul 25, 2018 11:41am
Quoting 6288monkey
{quote} Which one ? Can post chart? Cause I am getting good results on eu
That dinky bullish candle. Everything lined up, and then that little thing appeared after strength.
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  • #42,134
  • Jul 25, 2018 11:55am Jul 25, 2018 11:55am
Quoting S41nt
{quote} That dinky bullish candle. Everything lined up, and then that little thing appeared after strength. {image}
I am in that trade , 233 got rotation, but sometime time chart has rotation and tick don't ( most of the time tick chart do )

you can get in after the second candle close , not far from tick chart or even better than.

anyway it is what it is , follow your chart

no other trade? Market has been quite in harmonic
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  • #42,135
  • Jul 25, 2018 12:04pm Jul 25, 2018 12:04pm
Quoting 6288monkey
{quote} I am in that trade , 233 got rotation, but sometime time chart has rotation and tick don't ( most of the time tick chart do ) you can get in after the second candle close , not far from tick chart or even better than. anyway it is what it is , follow your chart no other trade? Market has been quite in harmonic {image}
yeah that is why i like tick charts, but if i can master the minute charts once I move to the tick charts things should look much clearer. I am currently sitting at +12 on the day, got to the charts late and missed a couple earlier trades. That's ok though, yesterday was a loser on multiple trades but today completely cleared that up and put me in the positive for the week so no complaints.

My rules say I only get one candle, so as of now I just pass on the trade. I may backtest and see how 2 candle rotations work, but right now my rules have shown positive expectancy and lately I have been getting that. (If I follow my rules, yesterday I was punished for being undisciplined.)

Overall, the market has been quite fantastic and easy to read today.
  • #42,136
  • Jul 25, 2018 12:14pm Jul 25, 2018 12:14pm
Quoting S41nt
{quote} That dinky bullish candle. Everything lined up, and then that little thing appeared after strength. {image}
Sent you a PM
  • #42,137
  • Jul 25, 2018 1:33pm Jul 25, 2018 1:33pm
Hello guys,

I need some help with my analysis. Since I don't have much screen time because of my daytime job, I decided to swing trade until I'm well enough funded to become an intraday trader. Hence the 1597 tick chart which will be my trading time frame as well.

Would you consider the analysis of the long term order flow to be correct on the chart below? That means the blue line is the main swing, right?

Thanks in advance.

Regards,

Gunnar
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  • #42,138
  • Jul 25, 2018 4:59pm Jul 25, 2018 4:59pm
Quoting Bruin813
Hello guys, I need some help with my analysis. Since I don't have much screen time because of my daytime job, I decided to swing trade until I'm well enough funded to become an intraday trader. Hence the 1597 tick chart which will be my trading time frame as well. Would you consider the analysis of the long term order flow to be correct on the chart below? That means the blue line is the main swing, right? Thanks in advance. Regards, Gunnar {image}
Here's my take on your chart. The swing you have labeled from LH to NSL is absolutely massive so if i were to try to trade that swing, i personally would go to a larger time frame. From what i see in your chart is clear highs and lows labeled as such and then price gets stuck in a large range seen by the orange rectangle.
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  • #42,139
  • Jul 25, 2018 5:26pm Jul 25, 2018 5:26pm
Quoting Bruin813
Hello guys, I need some help with my analysis. Since I don't have much screen time because of my daytime job, I decided to swing trade until I'm well enough funded to become an intraday trader. Hence the 1597 tick chart which will be my trading time frame as well. Would you consider the analysis of the long term order flow to be correct on the chart below? That means the blue line is the main swing, right? Thanks in advance. Regards, Gunnar {image}
Looking at this pair from the 4h chart, I think you can see the order flow you're trying trade better. (Sorry I started adding stuff and got carried away and off topic in the picture)

I hope this makes sense and hope I am on the right path as well. Any other input would be welcome.
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  • #42,140
  • Jul 26, 2018 1:40am Jul 26, 2018 1:40am
Quoting S41nt
{quote} Looking at this pair from the 4h chart, I think you can see the order flow you're trying trade better. (Sorry I started adding stuff and got carried away and off topic in the picture) I hope this makes sense and hope I am on the right path as well. Any other input would be welcome. {image}
Thanks for your input. I wasn't to clear last night, so couldn't figure it out.

Did you notice that the expectation on the charts you posted is different? Now, I know Damian says it doesn't matter as long as you don't fool yourself. How do you guys deal with this?
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