Ratios & Harmonics: a Different Way to Trade | Page 2454 | 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

  • #49,061
  • Jan 27, 2020 9:28am Jan 27, 2020 9:28am
Quoting Ebenol
{quote} hello bmdenton23, can u add the total number of trades taken each month, also do u av a maximum SL u can take per trade
Nov/Dec were lite trading months for me with the holidays and time off, I averaged .9 trades per day on this strategy.
It's probably better if I just give you my overall average of 2.5 trades per day on this strategy.

My max SL is 80 points but my average losing trade is only 29 points.
  • #49,062
  • Jan 27, 2020 10:07am Jan 27, 2020 10:07am
Two trades on YM and two expectation failures -114. The trade from last night ended up failing versus closing the gap, which would have been nice. Calling it a day today. Very volatile and time to walk away. Tomorrow is a new day.
Attached Image (click to enlarge)
Click to Enlarge Name: YM Jan 27.png Size: 82 KB
Good work is the key to good fortune
  • #49,063
  • Jan 27, 2020 10:17am Jan 27, 2020 10:17am
Quoting Rush2112
Two trades on YM and two expectation failures -114. The trade from last night ended up failing versus closing the gap, which would have been nice. Calling it a day today. Very volatile and time to walk away. Tomorrow is a new day. {image}
the USA is closed today along with many countries.
Luck has no place in trading. Leave that for the poker table.
  • #49,064
  • Jan 27, 2020 11:17am Jan 27, 2020 11:17am
Quoting Pair-me-up
{quote} the USA is closed today along with many countries.
From the major countries involved in the futures market, only China is having a holiday break Last Monday was a US holiday.
  • #49,065
  • Jan 27, 2020 1:40pm Jan 27, 2020 1:40pm
I decided to demo trade a limit order based on harmonics and structure analysis.
Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-20 1597 Tick.png Size: 75 KB
Luck has no place in trading. Leave that for the poker table.
  • #49,066
  • Jan 27, 2020 3:25pm Jan 27, 2020 3:25pm
A few ideas I'll share.


AUDNZD
Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD 240 Minute 2020_01_27 1_20_44 PM.png Size: 99 KB


NZDCAD
Attached Image (click to enlarge)
Click to Enlarge Name: NZDCAD 60 Minute 2020_01_27 1_15_05 PM.png Size: 109 KB


AUDCHF
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCHF 240 Minute 2020_01_27 1_12_47 PMa.png Size: 99 KB
  • #49,067
  • Jan 28, 2020 12:05am Jan 28, 2020 12:05am
As mentioned, going to work on the long term trading in 2020. I have been holding out for a correction and first trade of the year. We will see how this goes. Same rules apply as intraday.
Attached Image (click to enlarge)
Click to Enlarge Name: 28515 Entry.png Size: 77 KB
Good work is the key to good fortune
  • #49,068
  • Jan 28, 2020 1:50am Jan 28, 2020 1:50am
Quoting Pair-me-up
I decided to demo trade a limit order based on harmonics and structure analysis. {image}
I missed this entry by 1 point.
Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-20 1597 Tick.png Size: 77 KB
Luck has no place in trading. Leave that for the poker table.
  • #49,069
  • Jan 28, 2020 2:52am Jan 28, 2020 2:52am
Quoting Pair-me-up
{quote} I missed this entry by 1 point. {image}
38.2
Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-20 1597 Tick.png Size: 76 KB
Luck has no place in trading. Leave that for the poker table.
  • #49,070
  • Jan 28, 2020 3:03am Jan 28, 2020 3:03am
Quoting Pair-me-up
{quote} 38.2 {image}
If price gets to the 61.8 I marked my potential bounce line.
Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-20 1597 Tick.png Size: 75 KB
Luck has no place in trading. Leave that for the poker table.
  • #49,071
  • Jan 28, 2020 9:07am Jan 28, 2020 9:07am
Long at 577
Attached Image (click to enlarge)
Click to Enlarge Name: 577 entry.png Size: 77 KB
Good work is the key to good fortune
  • #49,072
  • Jan 28, 2020 11:16am Jan 28, 2020 11:16am
Quoting Rush2112
Long at 577 {image}
Nicely done, day 2 no trades for me.
  • #49,073
  • Jan 28, 2020 11:24am Jan 28, 2020 11:24am
One trade today on YM +82.
Attached Image (click to enlarge)
Click to Enlarge Name: YM Jan 28.png Size: 71 KB
Good work is the key to good fortune
  • #49,074
  • Jan 28, 2020 12:19pm Jan 28, 2020 12:19pm
Quoting Pair-me-up
I decided to demo trade a limit order based on harmonics and structure analysis. {image}
um, your A B and C points are not even on the price bars.
  • #49,075
  • Jan 28, 2020 12:42pm Jan 28, 2020 12:42pm
Quoting ron.jones43
{quote} um, your A B and C points are not even on the price bars.
they were when I drew it.
Luck has no place in trading. Leave that for the poker table.
  • #49,076
  • Jan 28, 2020 1:05pm Jan 28, 2020 1:05pm
Quoting ron.jones43
{quote} um, your A B and C points are not even on the price bars.
here is one for you....it is extended beyond the harmonic PRZ.

I don't know that much. Maybe you can share what you know in a step by step lesson.
Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-20 1597 Tick.png Size: 88 KB
Luck has no place in trading. Leave that for the poker table.
  • #49,077
  • Jan 28, 2020 10:02pm Jan 28, 2020 10:02pm
Quoting Pair-me-up
{quote} here is one for you....it is extended beyond the harmonic PRZ. I don't know that much. Maybe you can share what you know in a step by step lesson. {image}
the pattern should move with the price bars so the pattern overlays price. guess that tool doesn't do that. lol so probably not your fault.

another guy posted this one (https://www.forexfactory.com/attachment.php?attachmentid=3539374&d=1580160287), see how the pattern is overlaying the price bars? like that.
  • #49,078
  • Jan 29, 2020 2:31am Jan 29, 2020 2:31am
Quoting ron.jones43
{quote} the pattern should move with the price bars so the pattern overlays price. guess that tool doesn't do that. lol so probably not your fault. another guy posted this one (https://www.forexfactory.com/attachment.php?attachmentid=3539374&d=1580160287), see how the pattern is overlaying the price bars? like that.
Nope, the tool does it it just depends on how u draw it, if u using the crosshair u can put the point anywhere as long as it on the same price, look at this two pictures
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Image1.png Size: 60 KB
Click to Enlarge Name: Image2.png Size: 58 KB
  • #49,079
  • Jan 29, 2020 9:23am Jan 29, 2020 9:23am
Structure analysis trade.
Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-20 2584 Tick.png Size: 48 KB
Luck has no place in trading. Leave that for the poker table.
  • #49,080
  • Jan 29, 2020 10:34am Jan 29, 2020 10:34am
Quoting Pair-me-up
Structure analysis trade. {image}
Looks like you nailed that rotation
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 113 KB
52 traders viewing now