Ratios & Harmonics: a Different Way to Trade | Page 2281 | 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

  • #45,601
  • May 22, 2019 1:07pm May 22, 2019 1:07pm
Not sure what happened today. Did not trade well and feel there is nothing positive to learn from my chart. Decided to not even try at annotating today as it was just too messy.

3 wins
2 loss
3 BE
Ended the day more or less Break-Even

All three of my BE's ended up hitting target before hitting stop. I trailed them too aggressively because I became emotional. The day could and should have been 6 wins, 2 losses IF I had managed my trades properly.

Two of my three Wins were also trailed too aggressively.

I live and learn to trade another day.
Attached Image (click to enlarge)
Click to Enlarge Name: 5.22.19.png Size: 352 KB
  • #45,602
  • May 22, 2019 3:11pm May 22, 2019 3:11pm
Practicing taking losses and giving previous gains back to the market, without feeling angry.
-16, +22, -37
I feel angry. Damn.


Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 106 KB
  • #45,603
  • May 22, 2019 11:39pm May 22, 2019 11:39pm
Yesterday I entered early but the idea was good and eventually my trade would have reached target. As soon as I decided to accept a BE it started to go (of course).

I am not too disappointed but probably I should have entered later and trailed more aggressively..
Attached Image (click to enlarge)
Click to Enlarge Name: YM 06-19 (233 Tick) 2019_05_23 (6_37_20 AM).png Size: 112 KB
  • #45,604
  • May 23, 2019 8:59am May 23, 2019 8:59am
One trade today so far for +36. This PA looks like it's ready to make a correction to the upside, so I am going to sit on my hands for a moment.
Attached Image (click to enlarge)
Click to Enlarge Name: YM 06-19 (233 Tick) 2019_05_23 (9_58_36 AM).png Size: 41 KB
  • #45,605
  • May 23, 2019 11:02am May 23, 2019 11:02am
-30 today, 2 scalpy trades for +39 and 1 failed swing trade for -69.
Back to back losing days on the YM.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 84 KB
  • #45,606
  • May 23, 2019 2:06pm May 23, 2019 2:06pm
Waiting to trade this Cypher
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 386 KB
  • #45,607
  • May 23, 2019 2:43pm May 23, 2019 2:43pm
My trades today YM
+2, +32, +1, +27
(First trade accidentally double clicked)
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 108 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 75 KB
  • #45,608
  • May 23, 2019 3:00pm May 23, 2019 3:00pm
Two Gartley patterns
First Gartley protected when 38.2 was reached and was taken out unfortunately.
Second one I was in too early, before PRZ was fully tested. Pattern failed. My mistake.
+1 -17
Now I quit for the day

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 62 KB
  • #45,609
  • May 23, 2019 11:18pm May 23, 2019 11:18pm
This is my result from yesterday. It is always nice to see some green points. +53
Attached Image (click to enlarge)
Click to Enlarge Name: YM 06-19 (233 Tick) 2019_05_23 (6_08_02 AM).png Size: 100 KB
  • #45,610
  • May 24, 2019 9:34am May 24, 2019 9:34am
4 trades and 4 losers so far
Larger swing expectation was NSH, all my trades were longs so in line with the larger expectation.
They didn't work out.
And one emotional trade.
-15 -22 -9 -10

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 117 KB
  • #45,611
  • May 24, 2019 9:57am May 24, 2019 9:57am
Five trades this morning
The first three i reverted to trying find a top (-23, +2, +21) for break even.
the next two I tried to follow the methods of this thread with my own cautious money management. (+4, +33) for +37

net after commissions: 32
Attached Image (click to enlarge)
Click to Enlarge Name: 24May19.jpg Size: 207 KB
  • #45,612
  • May 24, 2019 10:02am May 24, 2019 10:02am
Was busy this morning but managed to get 1 trade in, BE+2. See you all on Tuesday!
Attached Image (click to enlarge)
Click to Enlarge Name: YM 06-19 (89 Tick) 2019_05_24 (11_01_36 AM).png Size: 47 KB
  • #45,613
  • May 24, 2019 10:09am May 24, 2019 10:09am
And I also Bought 200 GLD (Gold fund ETF) in my retirement account using this chart as a proxy.
Attached Image (click to enlarge)
Click to Enlarge Name: 24May19GLD..jpg Size: 165 KB
  • #45,614
  • May 24, 2019 1:20pm May 24, 2019 1:20pm
Real nice end to the week.
Thought the selling was over when I got long the first time. Took 1/3 of the position off at the 1:1 and the other 2/3 got taken out at BE. Small win.
Entered again with more confidence at a lower price and managed the trade in a similar fashion. Ended up milking it for 1.6R total.

2 wins
+1.73R

Have a great weekend all.
Attached Image (click to enlarge)
Click to Enlarge Name: 5.24.19.png Size: 338 KB
  • #45,615
  • May 24, 2019 3:10pm May 24, 2019 3:10pm
Today was a bad day.
After a few losing trades that I posted earlier I continued to string losses.
0 -10 0 -7 0 -16 -36 +30
I ended with -95 today.

This really screws up my result for the past 4 weeks.
Today was evaluation day.
4 weeks of trading with moderate to good results, screwed in 1 day.

Total profit over 4 weeks: 41 points.
I would be happy with this result if it wasn't for the big loss today.

Evaluation: Trading not stable yet. Not ready for live trading yet. Need to find out what went wrong here first.
Have a nice weekend all!
4 weeks graph:

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 74 KB
  • #45,616
  • May 24, 2019 4:29pm May 24, 2019 4:29pm
Quoting PeterT
Today was a bad day. After a few losing trades that I posted earlier I continued to string losses. 0 -10 0 -7 0 -16 -36 +30 I ended with -95 today. This really screws up my result for the past 4 weeks. Today was evaluation day. 4 weeks of trading with moderate to good results, screwed in 1 day. Total profit over 4 weeks: 41 points. I would be happy with this result if it wasn't for the big loss today. Evaluation: Trading not stable yet. Not ready for live trading yet. Need to find out what went wrong here first. Have a nice weekend all!...
If it's any consolation the last couple of days have been pretty rough for me. Honestly I was too irritated to post my chart today.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 95 KB
  • #45,617
  • May 24, 2019 4:52pm May 24, 2019 4:52pm
Quoting bmdenton23
{quote} If it's any consolation the last couple of days have been pretty rough for me. Honestly I was too irritated to post my chart today. {image}
hello,
can you tell me what you fibonacci lines are? it looks like a combo of volume profile and fib retracements? https://www.forexfactory.com/attachment.php?attachmentid=3320591&d=1556034005

thanks
  • #45,618
  • May 24, 2019 5:02pm May 24, 2019 5:02pm
Quoting bmdenton23
{quote} If it's any consolation the last couple of days have been pretty rough for me. Honestly I was too irritated to post my chart today. {image}
Thanks glad I'm not the only one.
It's frustrating, I was already starting to dream about doubling my account in a few months time
Still have things to work on.
Actually I should be happy. Today made me realize I'm not ready yet to go live again.
If I had +50 today, I would be transferring money to my account by now, only to lose it in the next 4 weeks..

Better luck to you next week
  • #45,619
  • May 24, 2019 7:08pm May 24, 2019 7:08pm
Hi, this morning I started my day with a total of -25 for the week. Today -74: -99 For the week. Good weekend
Time is an illusion, timing is an art.
  • #45,620
  • May 27, 2019 1:22am May 27, 2019 1:22am
Friday was a messy day..
Attached Image (click to enlarge)
Click to Enlarge Name: YM 06-19 (233 Tick) 2019_05_27 (8_20_30 AM).png Size: 126 KB
28 traders viewing now