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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

  • #47,381
  • Aug 19, 2019 2:09pm Aug 19, 2019 2:09pm
-86 Today on three trades. Graceful exit on the first, which also was a great time to short and the second trade. Graceful exit on second was a couple points to closing positive, but moved higher. Last one a couple points short of trailing and out at BE. As tough as it was to not close that second trade at -5 vs. eventually taking a -58 loss or just close out of the third with a small win, I followed my rules. Trying to make this totally objective. It is tough though, especially on days like these where it was so close to going the right way.

Attached Image (click to enlarge)
Click to Enlarge Name: YM August 19.PNG Size: 48 KB
Good work is the key to good fortune
  • #47,382
  • Aug 19, 2019 2:53pm Aug 19, 2019 2:53pm
No matter how motivated, driven and determined you are, once you reap a series of losses, immediately the ego tends to jump in to doubt and debate the reliability of your whole process.
Knowing your system's expectancy can help you see it through.
70% expectancy rate with proper SL placement.
  • #47,383
  • Aug 19, 2019 3:22pm Aug 19, 2019 3:22pm
-67 for me
Second trade was a stupid one and the entry on the third one was early with the idea to add to it on the second level but I was away to get some food and I missed it.
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  • #47,384
  • Aug 19, 2019 4:01pm Aug 19, 2019 4:01pm
Doing a little work in auto Demo land, +89 today
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  • #47,385
  • Aug 19, 2019 4:29pm Aug 19, 2019 4:29pm
Still in my short I took once price reacted nicely to an area of interest. Gonna go to a BE once price reaches 26093.

I gotta be a bit more patient with my entries on these bigger swings.
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  • #47,386
  • Aug 19, 2019 7:47pm Aug 19, 2019 7:47pm
Hello Traders, Had to take some time today so no post session review it will be done tomorrow after the session both days combined. My little one is sick and I'm his cushion. Sorry!
If you fail to plan, you plan to fail.
  • #47,387
  • Aug 19, 2019 8:01pm Aug 19, 2019 8:01pm
Quoting Mr. Pip
Hello Traders, Had to take some time today so no post session review it will be done tomorrow after the session both days combined. My little one is sick and I'm his cushion. Sorry!
Is there anything serious? Hope he will be healing soon.
  • #47,388
  • Edited 8:42pm Aug 19, 2019 8:26pm | Edited 8:42pm
Tracking this ABCD for entry this evening. I would not call this a proper anchor leg for XA for a Gartley, but it does have a nice support area to the left. Confluence I am seeing:

AB=CD
127 Ext of AB
127 - 138 Ext of BC
78.6 of the overall (if you take that low from the support structure to left)

Looking anywhere from the 26049 to 26037 area to enter.

Dizzle, this one is for you - ABCD. LOL..

Attached Image (click to enlarge)
Click to Enlarge Name: ABCD Set Up.PNG Size: 68 KB
Good work is the key to good fortune
  • #47,389
  • Aug 20, 2019 3:40am Aug 20, 2019 3:40am
Quoting Kayjay2011
Still in my short I took once price reacted nicely to an area of interest. Gonna go to a BE once price reaches 26093. I gotta be a bit more patient with my entries on these bigger swings. {image}
Woke up to a BE +10 p which I locked in.
  • #47,390
  • Aug 20, 2019 5:14am Aug 20, 2019 5:14am
Quoting Rush2112
Tracking this ABCD for entry this evening. I would not call this a proper anchor leg for XA for a Gartley, but it does have a nice support area to the left. Confluence I am seeing: AB=CD 127 Ext of AB 127 - 138 Ext of BC 78.6 of the overall (if you take that low from the support structure to left) Looking anywhere from the 26049 to 26037 area to enter. Dizzle, this one is for you - ABCD. LOL.. {image}
Looks good man. Lol.
Damn The Torpedoes, Full Speed Ahead!
  • #47,391
  • Aug 20, 2019 8:27am Aug 20, 2019 8:27am
GM Traders, Time to punch that time card
If you fail to plan, you plan to fail.
  • #47,392
  • Aug 20, 2019 8:40am Aug 20, 2019 8:40am
Short
Attached Image (click to enlarge)
Click to Enlarge Name: YM 09-19 (144 Tick) 2019_08_20 (9_39_58 AM).png Size: 63 KB
If you fail to plan, you plan to fail.
  • #47,393
  • Aug 20, 2019 8:42am Aug 20, 2019 8:42am
Taken on the trail
Attached Image (click to enlarge)
Click to Enlarge Name: YM 09-19 (144 Tick) 2019_08_20 (9_42_23 AM).png Size: 55 KB
If you fail to plan, you plan to fail.
  • #47,394
  • Aug 20, 2019 8:47am Aug 20, 2019 8:47am
Quoting Mr. Pip
Taken on the trail {image}
Gonna be the winner to to even the score!
Anything is Possible!Side with the Probable!
  • #47,395
  • Aug 20, 2019 9:08am Aug 20, 2019 9:08am
Have missed 2 trades on no rotation. Post session will show
If you fail to plan, you plan to fail.
  • #47,396
  • Aug 20, 2019 9:08am Aug 20, 2019 9:08am
We are at war
If you fail to plan, you plan to fail.
  • #47,397
  • Aug 20, 2019 9:12am Aug 20, 2019 9:12am
Quoting Mr. Pip
We are at war
Does anybody have internet disconnection issues when you trade or is it just me?

i am in USA if anybody had recommendations
  • #47,398
  • Aug 20, 2019 9:15am Aug 20, 2019 9:15am
Quoting standrdtrde
{quote} Does anybody have internet disconnection issues when you trade or is it just me? i am in USA if anybody had recommendations
I have problems with slowdown and freezes from time to time. Using NT8. Didn't have them before using NT8
Anything is Possible!Side with the Probable!
  • #47,399
  • Aug 20, 2019 9:15am Aug 20, 2019 9:15am
Quoting standrdtrde
{quote} Does anybody have internet disconnection issues when you trade or is it just me? i am in USA if anybody had recommendations
never
If you fail to plan, you plan to fail.
  • #47,400
  • Aug 20, 2019 9:18am Aug 20, 2019 9:18am
looking for a short around 090
If you fail to plan, you plan to fail.
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