Ratios & Harmonics: a Different Way to Trade

Quoting liemo

Disliked

As there was too much strength into area of demand, I didnt enter long on the long blue bar. Lets see how price action develops from here. {image}

Ignored

Quoting Eyesonthepip

Disliked

funny how price movement always picks up the moment i enter. in the wrong direction that is.

Ignored

Quoting Sheeep44

Disliked

If you win more trades than you lose trades, and when you win you win more than you lose, and you test your system with over 300/400+ trades, the only thing standing between you and your goals is the 6 inches between your ears. Lets finish the week of strong! {image}

Ignored

Quoting PeterT

Disliked

Hello fellow traders! Back from the depths of hell US30 long (CFD version of YM) Using previous strong buying area (grey) green cucumber was target area because of confluence: - previous selling area (blue) - golden zone - downward trendline +47 points (first trade was a short test and is to be ignored) {image}

Ignored

Quoting liemo

Disliked

lets see if price will come back up to the area of confluence for a short opportunity.... {image}

Ignored

Quoting liemo

Disliked

{quote} Price fell short of structure and reversal so didnt enter the trade. Have a great weekend fellow traders.... {image}

Ignored

Quoting DizzleFX

Disliked

Todays trade was short EURUSD. Price made a NSL, waited for price to hit an area of structure. It gave a pretty impressive rotation candle so I entered. I rode the pain train for a little on this one. I wasn't around when price hit the one to one so I closed the trade considering it was late afternoon on a Friday. {image}

Ignored

Quoting DizzleFX

Disliked

{quote} liemo, I saw it setting up as I was on the pain train, but here is my view on it. It almost perfectly completed a 1:1 and gave a really good rotation candle on both of our charts in an area were in the past the sellers put in some effort to sell. Considering that it touched the 127 pretty much validates it for me. The only thing the buyers had going for them was the momentum on there last push up. {image}

Ignored

Quoting liemo

Disliked

{quote} I agree with your analogy and entry. I would have done the same if I had jumped on the computer earlier too. When you step away from the desk, do you use a limit order to set your target as it would have been optimal in this trade? Normally, I try to be at the computer to manage and manually close trades. I admit im a culprit sometimes when I step out for a bit I would setup SL to move to BE and hope price to keep moving the that direction. haha..

Ignored