Ratios & Harmonics: a Different Way to Trade | Page 2171 | 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

  • #43,401
  • Oct 2, 2018 11:04am Oct 2, 2018 11:04am
+33 points today
Attached Image (click to enlarge)
Click to Enlarge Name: YM 12-18 (144 Tick) 2018_10_02 (12_04_36 PM).png Size: 56 KB
If you fail to plan, you plan to fail.
  • #43,402
  • Oct 2, 2018 12:06pm Oct 2, 2018 12:06pm
Quoting Mr. Pip
+33 points today {image}
Mr PIp I've been intermittently following your trades for nearly a year and wanted to know why you decided to stop trading the EURUSD on futures?
To Pipccess and Beyond
  • #43,403
  • Oct 2, 2018 12:09pm Oct 2, 2018 12:09pm
-23 next
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (31).png Size: 59 KB
  • #43,404
  • Oct 2, 2018 12:43pm Oct 2, 2018 12:43pm
Quoting 6288monkey
{quote} Nikster , why dont you take normal expectation trade? as alot of your 1 to 1 are actually against expectation which this chart show that all trade against expectation either BE or losses , while the shorter term 1 to 1 completion inline with expectation was a win. not against you trading 1 to 1 completion , you might be the 1 to 1 completion king here haha just wonder why dont trade expectation + 1 to 1 completion.
Hey 6288Monkey, If you look at todays price action before the open, you saw a lot of harmonics played out pretty well and I only not always trade in line with the orderflow but I am trading the expectations. Remember there are 4 expectations: NSH, NSL, HL and LH.

My last trade was a small ABCD correction which finished in a good structurezone. There were some of the same situations before but I found the risk/reward not ok of these setups because stop needs to go under the low of that swing.
Attached Image (click to enlarge)
Click to Enlarge Name: YM 12-18 (144 Tick) 2018_10_02 (19_43_13)q.png Size: 70 KB
  • #43,405
  • Oct 2, 2018 7:05pm Oct 2, 2018 7:05pm
Quoting Pair-me-up
I also look at something like this. Do you see how price is reacting to structure? Price just said it will target 26819 on my charts. However, it didn't tell me if/when it will get there. But as I mentioned earlier tonight...the bulls want to test the highs of last night (yesterday morning for some people.) I hope this helps. {image}

It looks like price achieved the 26819 and even passed it by a tad.
Attached Image (click to enlarge)
Click to Enlarge Name: YM 12-18 (1597 Tick).png Size: 39 KB
Luck has no place in trading. Leave that for the poker table.
  • #43,406
  • Oct 2, 2018 8:54pm Oct 2, 2018 8:54pm
Quoting Pair-me-up
{quote} It looks like price achieved the 26819 and even passed it by a tad. {image}
Pair Me Up , how you project/measure your target?

Very nice profit and low risk ( good accurate timed )
  • #43,407
  • Oct 2, 2018 9:08pm Oct 2, 2018 9:08pm
Quoting Nikster
{quote} Hey 6288Monkey, If you look at todays price action before the open, you saw a lot of harmonics played out pretty well and I only not always trade in line with the orderflow but I am trading the expectations. Remember there are 4 expectations: NSH, NSL, HL and LH. My last trade was a small ABCD correction which finished in a good structurezone. There were some of the same situations before but I found the risk/reward not ok of these setups because stop needs to go under the low of that swing.{image}
Nikster , I understand you were trading the 1 to 1 , expectation for HL or LH seem not really an expectation to be traded frequently , at least for me I will not take 1 to 1 trade for now until/unless I can timed it very accurately , it was sort of catching the reversal point against the overall trend( if against order flow) , a moving trend can extend unreasonably long

Just my view on market movement, not against you to trade 1 to 1 completion , but , to do so you need very accurate or precise reading of trend weakening/ reversal. While a trend can find enough volume/strength to continue it movement at any point of correction. I believe this was also the basis why expectation to play out 70%.

I also found that yesterday market are strong upward.
  • #43,408
  • Oct 2, 2018 10:16pm Oct 2, 2018 10:16pm
Quoting 6288monkey
{quote} Pair Me Up , how you project/measure your target? Very nice profit and low risk ( good accurate timed )

I use math to project/measure my target.

I still think that my timing is terrible. It is one of my weak areas. I need to work on it.
Luck has no place in trading. Leave that for the poker table.
  • #43,409
  • Oct 3, 2018 4:13am Oct 3, 2018 4:13am
+14
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (32).png Size: 78 KB
  • #43,410
  • Oct 3, 2018 4:46am Oct 3, 2018 4:46am
forecast
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDH4.png Size: 67 KB
  • #43,411
  • Edited 7:33am Oct 3, 2018 7:18am | Edited 7:33am
Still rubbish at trailing
Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 246 KB
  • #43,412
  • Oct 3, 2018 7:19am Oct 3, 2018 7:19am
Quoting 6288monkey
{quote} Yes , but the entry and SL was different from what expected , thus asking to ensure understand what you were looking at.

He always messes things up and doesn't place SL where they belong. That's ehy I have him on ignore. Don't need to see his BS screenshots.
  • #43,413
  • Edited 8:21am Oct 3, 2018 8:09am | Edited 8:21am
Overnight trade:
Attached Image (click to enlarge)
Click to Enlarge Name: 103es.jpg Size: 204 KB
Always Learning
  • #43,414
  • Oct 3, 2018 9:21am Oct 3, 2018 9:21am
BE short on eurusd
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (33).png Size: 76 KB
  • #43,415
  • Oct 3, 2018 9:23am Oct 3, 2018 9:23am
Quoting evocpr19
Still rubbish at trailing {image}
that was already a very good exit , about 70% of the swing.
  • #43,416
  • Oct 3, 2018 9:40am Oct 3, 2018 9:40am
Short on the longer term
Attached Image (click to enlarge)
Click to Enlarge Name: YM 12-18 (1597 Tick) 2018_10_03 (10_39_24 AM).png Size: 64 KB
If you fail to plan, you plan to fail.
  • #43,417
  • Oct 3, 2018 9:49am Oct 3, 2018 9:49am
Only trade this Morning +34 Hope you all have a good Trading day
Attached Image (click to enlarge)
Click to Enlarge Name: 103ymm.jpg Size: 223 KB
Always Learning
  • #43,418
  • Oct 3, 2018 9:51am Oct 3, 2018 9:51am
Quoting JeremyV
{quote} He always messes things up and doesn't place SL where they belong. That's ehy I have him on ignore. Don't need to see his BS screenshots.
Jeremy , i understand what you mean , but really hope you use less emotional word . Alot of trader here was profitable and has some sort of self developed way to look at the market , some post it out , some don't .

Pair-Me-Up do already mention he do use extra line to measure his entry , he has his own way and has very great results as he already 3 time double the demo account and prepare to go real account anytime.
  • #43,419
  • Oct 3, 2018 9:54am Oct 3, 2018 9:54am
Quoting Mr. Pip
Short on the longer term {image}
I understand why you are doing this, but I have some problems to do it myself, since there is no structure on the left which supports this.
  • #43,420
  • Oct 3, 2018 9:54am Oct 3, 2018 9:54am
Come on guys in this house we respect each other's opinion let's play nice
If you fail to plan, you plan to fail.
5 traders viewing now