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Ratios & Harmonics: a Different Way to Trade

Short.
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Quoting Matts Micro
Short. {image}
SL -13 pips. U.S. Market came in and totally turned it around. I think they are going for a liquidity hunt for the push down which I became a victim of, or it maybe just turning, time will tell. Next trade.
As the lights go by so too do the shadows move
Short with tight stop. If it works should be great if not only a very small loss.
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As the lights go by so too do the shadows move
Quoting Matts Micro
Short with tight stop. If it works should be great if not only a very small loss. {image}
SL -3 pips.
As the lights go by so too do the shadows move
Short.
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As the lights go by so too do the shadows move
Quoting Matts Micro
Short. {image}
TS 38.1% fib TS 28 pips.
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No trades for me today. Just managing some options positions and preparing for next week.
Long.
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Quoting Matts Micro
Long. {image}
TS 8 pips.
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Going to share something very powerful I have discovered in backtesting my Conflict Candles.

Assuming you have done your homework and know what an Area of Interest is and a rotation candle.

This involves my Conflict Candle of a Short Sell candle and the 2nd candle later a Short Buy candle (In this example).

So in your area of interest look for a tail in the direction of the correction (in this case it's a topside tail), followed by an inside candle and then the standard Mr Pip rotation candle. I am backtesting atm and finding great results. They aren't there every trade but when they do arise they have a great probability.

I'm interested if anybody can back me up on this, it maybe worth your time to check it out.

This is one example out of about 15-20 I have found so far. Still working on it.
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Fibonacci levels are great to use for trading decisions. The good thing is they work almost all the time frames. Thanks for sharing your trading ideas with Fibonacci levels.
Excited for this week. Have spent the whole weekend identifying potential opportunities.
Quoting Matts Micro
{quote} SL -7 pips. No where to go but down from here. Am looking to enter short but not sure I'll find an entry.
There's the move I was looking for on Friday. I couldn't find an entry unfortunately so, patience for next trade.

and still going...
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As the lights go by so too do the shadows move
Quoting Matts Micro
Going to share something very powerful I have discovered in backtesting my Conflict Candles. Assuming you have done your homework and know what an Area of Interest is and a rotation candle. This involves my Conflict Candle of a Short Sell candle and the 2nd candle later a Short Buy candle (In this example). So in your area of interest look for a tail in the direction of the correction (in this case it's a topside tail), followed by an inside candle and then the standard Mr Pip rotation candle. I am backtesting atm and finding great results. They...
This is one of the setups I was talking about. In my backtesting during the weekend they had a high probability of success in the correct area's of Interest. This trade has corrected to immediate structure, it has a rough 1:1, though for the fibs is a bit deep. This would probably be a SOS2 signal but I've added a level with my new candle read (up to SOS4) so it's a SOS3 (the candles are as I mentioned in the previous post).
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Quoting Matts Micro
{quote} This is one of the setups I was talking about. In my backtesting during the weekend they had a high probability of success in the correct area's of Interest. This trade has corrected to immediate structure, it has a rough 1:1, though for the fibs is a bit deep. This would probably be a SOS2 signal but I've added a level with my new candle read (up to SOS4) so it's a SOS3 (the candles are as I mentioned in the previous post). {image}
SL -9 pips. Didn't watch the larger OF. Strong support on the hrly chart at this level which is the only info to the left of the chart.
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Got taken by a red news surprise last trade but it happens and may have regardless.

New trade on the immediate OF.

Long.
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Quoting Matts Micro
Got taken by a red news surprise last trade but it happens and may have regardless. New trade on the immediate OF. Long. {image}
-8 pips. Didn't read that very well. Next trade.

Tough ranging market atm.
As the lights go by so too do the shadows move
Short.
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Went back to practicing on demo...learning a lot about risk and structure. The gold AOI is on H4 while the Black AOI is on M30. The gold AOI is used to determine the direction of my trades while the Black AOI is used to determine my trade entries, I expect a rotation in or around the Black AOI

First trade for the week was a losing trade EURUSD
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Short EURAUD
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Long CADJPY
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