Ratios & Harmonics: a Different Way to Trade | Page 2184 | 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

  • #43,661
  • Oct 19, 2018 12:15pm Oct 19, 2018 12:15pm
I'm not one for forums but this one has changed my life.
Long for +70 and reverse position Short for +140.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: YMZ18_19OCT2018.PNG Size: 66 KB
Click to Enlarge Name: YMZ18_19OCT2018_2.PNG Size: 67 KB
Chance favors the prepared mind.
  • #43,662
  • Oct 19, 2018 12:43pm Oct 19, 2018 12:43pm
Hi all.

First two decisions were bad. Last trade was okay but stop was about 60 points.

Total +19 points
Attached Image (click to enlarge)
Click to Enlarge Name: YM 12-18 (1597 Тик) 2018_10_16 (11_04_04).png Size: 99 KB
  • #43,663
  • Oct 19, 2018 1:35pm Oct 19, 2018 1:35pm
Quoting Bogdanlinee
Hi all. First two decisions were bad. Last trade was okay but stop was about 60 points. Total +19 points {image}


The stop of 60 has also to be seen with the potential win. The R:R was about 1:2,5 which is good.
Congrats to end positive the day.
  • #43,664
  • Oct 19, 2018 1:49pm Oct 19, 2018 1:49pm
Quoting Nikster
took some more trades but since there were a lot of 1:1 completions I was looking for shorts mainly and get to BE once the 38.2 of the smaller 1:1s got reached. {image}
I would be lost with all these 1:1. Do you have any other things that you look for (e.g. stucture on the left,...) in order to build your case for an entry or simply the way that you already expained?
What do you do on very trendy days (you get a lot of 1:1, but target will never be hit)?

I am asking because of curiosity not to criticise. If you are overall positive, why not.
  • #43,665
  • Oct 19, 2018 2:40pm Oct 19, 2018 2:40pm
Quoting evocpr19
{quote} I would be lost with all these 1:1. Do you have any other things that you look for (e.g. stucture on the left,...) in order to build your case for an entry or simply the way that you already expained? What do you do on very trendy days (you get a lot of 1:1, but target will never be hit)? I am asking because of curiosity not to criticise. If you are overall positive, why not.
I draw them to show what I was looking at and of course I also look for structure zones but then the chart would be unreadable if I drew them also. As you also can see is that a lot of these small 1:1 moves are almost untradeable because you can't follow the rules for BE etc. by lack of room for price to move. As you can see by my older trades I get a lot stopped out BE but the losses are fully taken.

I am trading this way for 1.5 month now and looking back I came to the conclusion that I better trade the expectation based on projection, depth and momentum and only use the D entry as a sos3 signal in line with OF. I think I will be making life much easier if I do that from now
  • #43,666
  • Oct 20, 2018 1:03am Oct 20, 2018 1:03am
Quoting iceman777
I'm not one for forums but this one has changed my life. Long for +70 and reverse position Short for +140. {image} {image}
Congrats. You can help to change the life of others.
  • #43,667
  • Edited 10:29am Oct 20, 2018 3:50am | Edited 10:29am
Quoting evocpr19
{quote} Congrats. You can help to change the life of others.
Good day, Sir

Do you trade real or demo account?
  • #43,668
  • Oct 20, 2018 2:58pm Oct 20, 2018 2:58pm
Quoting Bogdanlinee
{quote} Good day, Sir Do you trade real or demo account?
Real
  • #43,669
  • Oct 22, 2018 8:17am Oct 22, 2018 8:17am
How is it going guys? I haven't been posting for I don't know how long... probably haven't been consistent for over a year and I need to change that. This thread was a life saver for me.
So pre-open we have an expectation for a NSH ...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 95 KB
  • #43,670
  • Oct 22, 2018 8:36am Oct 22, 2018 8:36am
Quoting x3m-PippiN
How is it going guys? I haven't been posting for I don't know how long... probably haven't been consistent for over a year and I need to change that. This thread was a life saver for me. So pre-open we have an expectation for a NSH ... {image}
i dont understand you were not consistent but now you are or your still not consistent?
  • #43,671
  • Oct 22, 2018 8:43am Oct 22, 2018 8:43am
Quoting vladutz112
{quote} i dont understand you were not consistent but now you are or your still not consistent?
Well I used to be consistent in posting... haven't been consistent in trading with Mr.Pip's method for more than 3-4 months. Not sure what you're asking about

Quoting x3m-PippiN
How is it going guys? I haven't been posting for I don't know how long... probably haven't been consistent for over a year and I need to change that. This thread was a life saver for me. So pre-open we have an expectation for a NSH ... {image}
Expaction is now for a NSL ... got a BE on previous swing.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 83 KB
  • #43,672
  • Oct 22, 2018 9:20am Oct 22, 2018 9:20am
Bears are trying to make a last run to town to catch some snacks before they go into hypernation... ha ha ha just kidding.

Anyways... keeping my eye on this and seeing what will happen.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: YM 12-18 (233 Tick).png Size: 37 KB
Click to Enlarge Name: ES 12-18 (233 Tick).png Size: 37 KB
Luck has no place in trading. Leave that for the poker table.
  • #43,673
  • Edited 11:41am Oct 22, 2018 10:46am | Edited 11:41am
Hope everyone had a good weekend, Got a late start today, at +237 so far and rest at BE
Edit + 321 total
Attached Image (click to enlarge)
Click to Enlarge Name: 1022.jpg Size: 198 KB
Always Learning
  • #43,674
  • Oct 22, 2018 10:59am Oct 22, 2018 10:59am
That's why i don't like Mondays. If someone sees what I did wrong, please tell me
Attached Image (click to enlarge)
Click to Enlarge Name: 2018-10-22.png Size: 149 KB
  • #43,675
  • Oct 22, 2018 11:16am Oct 22, 2018 11:16am
Quoting RussellShaw
That's why i don't like Mondays. If someone sees what I did wrong, please tell me {image}
My second trade is exactly like you... didn't take the previous short trades cause of the shallow correction.
  • #43,676
  • Oct 22, 2018 11:23am Oct 22, 2018 11:23am
Quoting RussellShaw
That's why i don't like Mondays. If someone sees what I did wrong, please tell me {image}
Your TA looks nice.

However, there are some really big events that have brought some strong volatility to this market. This market is being driven by the FA.

However, I would zoom out and try to look at the bigger order flow and see if you are aligned with it.

You can do it!
Luck has no place in trading. Leave that for the poker table.
  • #43,677
  • Oct 22, 2018 12:03pm Oct 22, 2018 12:03pm
Quoting RussellShaw
That's why i don't like Mondays. If someone sees what I did wrong, please tell me {image}
Russell,
Although i didn't take the exact same trades, I feel I take trades just like these all the time and lose. It's like there is a some small mystical thing that I'm missing. i would love some more comments on this from anyone that sees something. It hurts our belief in this system.
Thanks in advance
  • #43,678
  • Oct 22, 2018 12:17pm Oct 22, 2018 12:17pm
Hi all,

Total: -157p

Your comments Mr.Pip and guys.
Attached Image (click to enlarge)
Click to Enlarge Name: 123.png Size: 77 KB
  • #43,679
  • Oct 22, 2018 12:37pm Oct 22, 2018 12:37pm
Quoting Bogdanlinee
Hi all, Total: -157p Your comments Mr.Pip and guys. {image}
Hi Bogdanlinee, I drew the OF how I see it on the 233tick. Probably some of the tiny swings could be considered as one swing but you should come to the same place in the end. I hope it helps.
Attached Image (click to enlarge)
Click to Enlarge Name: YM 12-18 (233 Tick) 2018_10_22 (19_33_45).png Size: 84 KB
  • #43,680
  • Edited 1:10pm Oct 22, 2018 12:58pm | Edited 1:10pm
My expectation at the market open was for higher highs but then we got the sharp reversal. Already moved the stop up though. -10 (Correction - I had the stop at -10 but filled at -16)

The second trade was an aggressive short off of supply and the .618 but got stopped out on my trail. +62

Attached Image (click to enlarge)
Click to Enlarge Name: YMZ18_22OCT2018.PNG Size: 47 KB
Attached Image (click to enlarge)
Click to Enlarge Name: YMZ18_22OCT2018_2.PNG Size: 29 KB
Chance favors the prepared mind.
6 traders viewing now