Ratios & Harmonics: a Different Way to Trade

Quoting steos

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Hi Mr. Pip attached is US30 which is like YM. In the long term I see some exhaustion in price after a series of higher lows and new structure highs. Sold at the area shown by arrow with a target at the area shown as correction. Can you please share your opinion on this setup? Thank you in advance. {image}

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Quoting Mr. Pip

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{quote} Your trade is not a bad one the market in general has been very choppy. I favor longs as it is the expectation and the buyers are defending a bit better than the sellers. We should see deep corrections on both side which adds value to your trade. I expect the market will continue to work to the north but we also cannot rule out the sellers coming in to defend and taking price to better buying levels. I am looking to get long.

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Quoting AzizLight

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Stalling at a tick short of the 127. 6E is showing some upward movement. Moving to aggressive trail. {image}

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Quoting Mr. Pip

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{quote} If you trail at the 127 then trail. 1 tick is good

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Quoting AzizLight

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{quote} Is it safe to consider it a "zone" around the 127 rather than holding price to that specific point when moving to an aggressive trail?

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Quoting bmdenton23

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{quote} Here is Damian's youtube channel - https://www.youtube.com/channel/UCy5Zq25cFK3FZeF26wn4m0w/videos

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Quoting Mr. Pip

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{quote} Your trade is not a bad one the market in general has been very choppy. I favor longs as it is the expectation and the buyers are defending a bit better than the sellers. We should see deep corrections on both side which adds value to your trade. I expect the market will continue to work to the north but we also cannot rule out the sellers coming in to defend and taking price to better buying levels. I am looking to get long.

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