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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

  • #42,501
  • Aug 13, 2018 10:04am Aug 13, 2018 10:04am
Quoting steos
{quote} long {image}
bulls move is not convincing. it is what it is though. needs patience
Attached Image (click to enlarge)
Click to Enlarge Name: YM 09-18 (233 Tick) 13_8_2018.jpg Size: 82 KB
  • #42,502
  • Aug 13, 2018 10:10am Aug 13, 2018 10:10am
Quoting steos
{quote} bulls move is not convincing. it is what it is though. needs patience{image}
stopped out. next
Attached Image (click to enlarge)
Click to Enlarge Name: YM 09-18 (233 Tick) 13_8_2018.jpg Size: 81 KB
  • #42,503
  • Aug 13, 2018 10:18am Aug 13, 2018 10:18am
Quoting steos
{quote} stopped out. next {image}
i got stopped out too. waiting for a correction to short.

if it happens within my trading windows that is... (unlikely)
  • #42,504
  • Aug 13, 2018 10:43am Aug 13, 2018 10:43am
Long
Attached Image (click to enlarge)
Click to Enlarge Name: YM 09-18 (1597 Tick) 2018_08_13.png Size: 65 KB
If you fail to plan, you plan to fail.
  • #42,505
  • Aug 13, 2018 10:57am Aug 13, 2018 10:57am
Quoting Mr. Pip
Long {image}
On your long term trades do you start trailing when price has reached structure? I have found on the LT I’m usually taken out at a BE when price hits structure.
  • #42,506
  • Aug 13, 2018 11:12am Aug 13, 2018 11:12am
Quoting Mr. Pip
Long {image}
YM 1597T - Went long as well on Friday and added another contract today.
Attached Image (click to enlarge)
Click to Enlarge Name: YM 09-18 (1597 Tick) 2018_08_13 (18_09_50).png Size: 83 KB
  • #42,507
  • Aug 13, 2018 11:14am Aug 13, 2018 11:14am
Quoting PeteH
Hi all & Welcome back Mr.Pip, I have noticed a slowing of momentum on the YM233, increase in depth and reduction on projection today so I am not looking for longs and will sit on the sidelines for now. {image}
Hi Pete,

You did not draw your projection correctly. It should be done as per image below (cyan lines).
Attached Image (click to enlarge)
Click to Enlarge Name: Projection.jpg Size: 39 KB
  • #42,508
  • Aug 13, 2018 11:18am Aug 13, 2018 11:18am
Hi Damian,

Welcome back. I trust you had a great holiday.

I have a little question. Do you consider the cyan box to be enough structure to look for shorts?

Thanks.

Gunnar
Attached Image
  • #42,509
  • Aug 13, 2018 11:22am Aug 13, 2018 11:22am
Quoting Bruin813
{quote} Hi Pete, You did not draw your projection correctly. It should be done as per image below (cyan lines). {image}
Thanks for correcting me. I am still trying to learn to read the charts better and the more help I get the better.

I was thinking of placing a buy trade earlier but felt that momentum was weakening so I am glad I chose not to.
  • #42,510
  • Aug 13, 2018 12:42pm Aug 13, 2018 12:42pm
Quoting PeteH
{quote} Thanks for correcting me. I am still trying to learn to read the charts better and the more help I get the better. I was thinking of placing a buy trade earlier but felt that momentum was weakening so I am glad I chose not to.
No problem. We are here to help each other. I still have to learn a lot myself as well.

I think your analysis was okay. In hindsight it was spot on actually.
  • #42,511
  • Aug 13, 2018 12:53pm Aug 13, 2018 12:53pm
1 Losing trade + loser rescue
-37 and -12

I'm in a nice little drawdown period since the end of July. Summer trading the DOW is rough.
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  • #42,512
  • Aug 13, 2018 2:11pm Aug 13, 2018 2:11pm
Hello everyone
took 2 trades today
+37 , -41
Attached Image (click to enlarge)
Click to Enlarge Name: YM 09-18 (233 Tick) 2018_08_13 (9_10_08 PM).png Size: 37 KB
  • #42,513
  • Aug 13, 2018 11:13pm Aug 13, 2018 11:13pm
Quoting Bruin813
{quote} Hi Pete, You did not draw your projection correctly. It should be done as per image below (cyan lines). {image}
hello brunin ji.. is this any calculation based.. how to draw that projection lines and momentum.. i understand that depth ... so is that momentum = depth on opposite side.. can you give me small brief
Success is a Journey Not a Destination....... kind regards ramzam
  • #42,514
  • Aug 13, 2018 11:52pm Aug 13, 2018 11:52pm
I only see like the harmonic of short trend. How to determine the reversal of long trend. Is Ratios & Harmonics able to do it?
Profit growth tells you the trader ability.
  • #42,515
  • Aug 14, 2018 12:45am Aug 14, 2018 12:45am
Projection - Momentum - Depth

https://www.youtube.com/watch?v=99cXblx8Ng4
  • #42,516
  • Aug 14, 2018 1:51am Aug 14, 2018 1:51am
Good morning guys,

Here's my take on the 6E 09-18.
Increase of momentum and projection. Expectation is a medium correction and then a NSH.
Looking for longs near the 50% Fib level.
Attached Image (click to enlarge)
Click to Enlarge Name: 6E 09-18.jpg Size: 91 KB
  • #42,517
  • Aug 14, 2018 2:17am Aug 14, 2018 2:17am
I changed my expectation a little bit. I expect a little deeper correction due to the slight decrease in momentum.
Attached Image (click to enlarge)
Click to Enlarge Name: 6E 09-18.jpg Size: 97 KB
  • #42,518
  • Edited 3:49am Aug 14, 2018 3:33am | Edited 3:49am
Long. I move my S/L to B/E when price enters the blue box.

Edit: Stopped out in a straight line.
Attached Image (click to enlarge)
Click to Enlarge Name: 6E 09-18.jpg Size: 117 KB
  • #42,519
  • Aug 14, 2018 3:57am Aug 14, 2018 3:57am
Looking for shorts now. Always difficult what to expect after an expectation failure. Given the momentum at which it occurred and the not so impressive projection, for now I expect a correction to about the 50% Fib level.
Attached Image (click to enlarge)
Click to Enlarge Name: 6E 09-18.jpg Size: 89 KB
  • #42,520
  • Aug 14, 2018 4:09am Aug 14, 2018 4:09am
Quoting Bruin813
Looking for shorts now. Always difficult what to expect after an expectation failure. Given the momentum at which it occurred and the not so impressive projection, for now I expect a correction to about the 50% Fib level. {image}
I took the same long just now ( blue line )
it could be working as the red line also inline with 1597tick overall downward trend

but I am going on the main swing as price create NSH there
will look for long on shorter term too
Attached Image(s) (click to enlarge)
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