Ratios & Harmonics: a Different Way to Trade | Page 54 | 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

  • #1,061
  • Jan 10, 2013 10:10am Jan 10, 2013 10:10am
Quoting gbryant20
Am I correct in saying that your profit target on the AB=CD pattern would be the same as the ABCD? With moving stop to B/E at 38% retracement of AD and taking profit at 62% of AD.
Yes that is correct.
If you fail to plan, you plan to fail.
  • #1,062
  • Jan 10, 2013 10:13am Jan 10, 2013 10:13am
Quoting ChanhXanh
Hello,

I finished reading every single post, thank you for sharing your knowledge and for going steps by steps. I am still focusing on ABCD pattern, here is the one I think I may have spotted, waiting for a bullish signal:

USD/CHF 1H
Congrats that is beautiful drop down in timeframe to spot the resveral better in the PRZ
If you fail to plan, you plan to fail.
  • #1,063
  • Jan 10, 2013 10:14am Jan 10, 2013 10:14am
Quoting mduke04
I'm with you on this one.

I placed an aggressive C buy yesterday with much success.

EURUSD H1

If you fail to plan, you plan to fail.
  • #1,064
  • Jan 10, 2013 10:15am Jan 10, 2013 10:15am
here you go

Attached Image (click to enlarge)
Click to Enlarge Name: 2013-01-10_1607.png Size: 46 KB
  • #1,065
  • Edited 11:13am Jan 10, 2013 10:55am | Edited 11:13am
Quoting Mr. Pip
With all due respect lets keep indicators out of the picture. I do not use them and find no need to. Confirmation comes from price action. Thanks.
here you go ... confirmation comes from price action
Quoting iqyu5an
EU with quarter candle - mt4
http://www.forexfactory.com/attachme...4&d=1357446080


and always ....plan the trade and trade the plan... and dont forget to draw trigger line in harmonic . there is trigger line term in harmonic.

ratio is very important but ...don't forget the history ( always check s/r and see where the PA is .....compared to daily, weekly, monthly,quarter and yearly. or at least if we're intraday trader... at least we see where the PA is compared to daily open


if we focus on the ratio only and forget the history ( S/R and our position compared to prev period ) .......believe............. we will live in harmony dream only

but that's just for me only


imho

===================================
Quoting iqyu5an
EU

Silent for awhile to wait for a position...

Yearly : bullish
Quarter : bullish
Monthly : bullish
Weekly : bearish
Daily : bullish pinbar

Weekly is still possible for bearish to re test prev bottom. once failed to break the low.. any body start seeing 1.35 ?

quite interesting to draw fib from low dec to high dec of 2012...and beauty ratio we got.

Happy weekend


***
tried to break down into 4H time *

*ach broker will have different 4H

Quoting iqyu5an
ratio is just a ratio ...
history is just a history
timing is just a time

let's combine them and having fun on it
Quoting iqyu5an
i got my own planning frame, here :
http://www.forexfactory.com/attachme...0&d=1357436277

and the break down,here :
http://www.forexfactory.com/attachme...3&d=1357356602

current chart : not attached

i see already bullish gartley in lower TF ( and failed )...and BAT ( and failed again )....next is butterfly and crab
Attached Image (click to enlarge)
Click to Enlarge Name: res eu2.gif Size: 36 KB
not euphoria follower
  • #1,066
  • Jan 10, 2013 11:27am Jan 10, 2013 11:27am
Quoting Mr. Pip
Please do not post and indicators onto the thread PM it to him. I am trying to do something here that is indicator free. Please respect that. This thread will not go down the same road as many. I respect you please respect me. Thanks and do not mean for this post to anger you or discourage you from contributing.
Sure Mr. Pip. Sorry about asking to post indicator. Forgot you mean all indicators, not just pattern indicator.
  • #1,067
  • Jan 10, 2013 11:37am Jan 10, 2013 11:37am
Quoting Mr. Pip
Facts are facts, you either see it or you don't. This is in part due to over analyzing a chart. We have to remove thinking from the equation. We cannot control what the market is going to do but we can control our respose to the market.

Price did or did not produce a higher high or low, price did or did not hit that 61.8, price did or did not complete that pattern. Black and white, cut and dry. Free yourselves and I promise you your trading experience will be life changing.

Always analyzing charts can coz over analysis.

Like and agreed with your rule-based patterns that you follow.
Of course my rules may vary slightly different to your rules.

Free yourself from what??

Keep your promise.
  • #1,068
  • Jan 10, 2013 11:39am Jan 10, 2013 11:39am
plz check your inbox
Quoting foxybunny
iqyu5an, yes those pictures are the rules based on the those patterns by some persons.

I prefer my own observations and also from Larry Pesavento's guidelines that is a bit different to the rules above.
And 100% XA-leg retracement to a Double-Top can still be valid and a possible good reversal sign.

By the way, I just did a FF search on the Hurst Exponent you mentioned as looking for the actual MT4 source code but did not find it.
Prefer source code than execution file.
Would you have that source code and post it?
not euphoria follower
  • #1,069
  • Jan 10, 2013 11:39am Jan 10, 2013 11:39am
Quoting iqyu5an
here you go ... confirmation comes from price action



and always ....plan the trade and trade the plan... and dont forget to draw trigger line in harmonic . there is trigger line term in harmonic.

ratio is very important but ...don't forget the history ( always check s/r and see where the PA is .....compared to daily, weekly, monthly,quarter and yearly. or at least if we're intraday trader... at least we see where the PA is compared to daily open


if we focus on the ratio only and forget the history ( S/R and our position compared...
Sir i noticed you predicted the EUR/USD H4 even before the trend started.when i obeserved the chat at about the same time as you i predicted the opposite direction to yours.I really need to know how you really trade..pls help.though i predicted the AUD/USD right on H4
  • #1,070
  • Jan 10, 2013 11:39am Jan 10, 2013 11:39am
Waiting to jump on the wing of this bat on EU 60 min. Thank you Mr. Pip for opening my eyes to see it!
  • #1,071
  • Jan 10, 2013 11:43am Jan 10, 2013 11:43am
I discovered this thread earlier this week and caught up with all the posts. I've been trading the Harmonic patterns for a while now and just wanted to say how impressed I am by the effort put in by Mr Pip. There are vendors charging hundreds to thousands of dollars teaching the same exact methods. Seeing someone donating his time and answering every single question with care is very refreshing. I've stayed away from forums for quite some time but I'll be following this one.
  • #1,072
  • Jan 10, 2013 11:50am Jan 10, 2013 11:50am
still +/- 50 pips to go ....
http://www.forexfactory.com/attachme...1&d=1357836694

but it doesn't matter... positions in other broker, just hit the target .

now am waiting my GU position
Attached Image (click to enlarge)
Click to Enlarge Name: res eu1.gif Size: 32 KB
not euphoria follower
  • #1,073
  • Jan 10, 2013 12:03pm Jan 10, 2013 12:03pm
Looking good!

BAT Sell - EURUSD H1
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdh1.jpg Size: 148 KB
"I don't always trade markets, but when I do, I prefer harmonics."
  • #1,074
  • Edited 12:21pm Jan 10, 2013 12:05pm | Edited 12:21pm
Quoting iqyu5an
now am waiting my GU position
.

Quoting iqyu5an
GU ( 4H ) :
she has lower low and is trying to move UP, if she make it. pattern should be anctipated is shark


http://www.trade-forex-harmonic-patt...hark-bu-be.gif
Attached Image (click to enlarge)
Click to Enlarge Name: res gu1.gif Size: 36 KB
not euphoria follower
  • #1,075
  • Jan 10, 2013 12:10pm Jan 10, 2013 12:10pm
just lucky my friend... well would u plz show your chart and analysis first ? about 4H...one broker to another has different candle... so better u provide your chart and analysis first

rgds

Quoting omonla
Sir i noticed you predicted the EUR/USD H4 even before the trend started.when i obeserved the chat at about the same time as you i predicted the opposite direction to yours.I really need to know how you really trade..pls help.though i predicted the AUD/USD right on H4
not euphoria follower
  • #1,076
  • Jan 10, 2013 12:11pm Jan 10, 2013 12:11pm
Thats how I see it Mduke04......hope it works out.....kinda scary selling here with all that upforce it has!!
  • #1,077
  • Jan 10, 2013 12:23pm Jan 10, 2013 12:23pm
Quoting Korndawg
Thats how I see it Mduke04......hope it works out.....kinda scary selling here with all that upforce it has!!
Time will tell.
"I don't always trade markets, but when I do, I prefer harmonics."
  • #1,078
  • Jan 10, 2013 12:32pm Jan 10, 2013 12:32pm
You are right on with it being kind of scary but I have seen it work too much to not give it a try. Funny thing is that 2 weeks ago i would have been the one buying up here thinking they were going to make new highs. Needless to say my outlook has changed for the better and now my R:R is in my favor

Quoting Korndawg
Thats how I see it Mduke04......hope it works out.....kinda scary selling here with all that upforce it has!!
  • #1,079
  • Jan 10, 2013 12:47pm Jan 10, 2013 12:47pm
Quoting iqyu5an
just lucky my friend... well would u plz show your chart and analysis first ? about 4H...one broker to another has different candle... so better u provide your chart and analysis first

rgds
I thought price was gonna go down at C but i was so wrong.can you pls tell me why.Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png2.png Size: 148 KB
  • #1,080
  • Jan 10, 2013 12:57pm Jan 10, 2013 12:57pm
Quoting omonla
I thought price was gonna go down at C but i was so wrong.can you pls tell me why.ThanksAttachment
C retracement was too shallow. I would have entered an aggressive C short if the retracement was much more deeper to increase risk/reward.
"I don't always trade markets, but when I do, I prefer harmonics."
137 traders viewing now