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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

  • #4,161
  • May 19, 2013 9:58pm May 19, 2013 9:58pm
Ok traders hope you all had a great weekend and you all make a great week!! Here are a few charts for you to have fun with on just a few of the trades I am currently involved with. I have taken the fib levels off to make charts clearer and to encourage those that have the desire to learn and practice to find the patterns on their own charts and see for themselves. If you do it yourself then you will get better at the visualization of the patterns before they complete. See for yourself the patterns and find the confluence, look left see the structure, S&R, S&d and then study the Price behavior in those areas both in history and in the present on multiple time frames. Ok lol sooo much to teach so little time I'll leave it at that haha. I'm off to grab some shut eye for the night. Enjoy, have fun, make a great week, do your due diligence, trade your plan and may we all make Bank!!
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: usdcad 4hr.gif Size: 62 KB
Click to Enlarge Name: gbpchf daily.gif Size: 94 KB
Don't follow me! You can and most likely will LOSE all your money!!!!
  • #4,162
  • May 20, 2013 12:39am May 20, 2013 12:39am
Quoting CNTrader
Ok traders hope you all had a great weekend and you all make a great week!! Here are a few charts for you to have fun with on just a few of the trades I am currently involved with. I have taken the fib levels off to make charts clearer and to encourage those that have the desire to learn and practice to find the patterns on their own charts and see for themselves. If you do it yourself then you will get better at the visualization of the patterns before they complete. See for yourself the patterns and find the confluence, look left see the structure,...
I have one word for you, You are awesome. I request your good self to continue enlightening us with your knowledge.

I a little bit weak in naming the pattern exactly however my eye catches them very fast. i will work hard over it sir.
Greatness Is Only Achieved By Working Hard... Depends How Bad You Want It!!
  • #4,163
  • May 20, 2013 5:30am May 20, 2013 5:30am
My Current EU SELL Harmonic Pattern Short. It has Hit target One 38.2 FIB

Attached Image (click to enlarge)
Click to Enlarge Name: eu harmonic at work.png Size: 60 KB
Greatness Is Only Achieved By Working Hard... Depends How Bad You Want It!!
  • #4,164
  • May 20, 2013 5:52am May 20, 2013 5:52am
Quoting shahtijani
My Current EU SELL Harmonic Pattern Short. It has Hit target One 38.2 FIB {image}
I'm seeing long for the short term
Attached Image (click to enlarge)
Click to Enlarge Name: CHART.PNG Size: 107 KB
  • #4,165
  • May 20, 2013 5:59am May 20, 2013 5:59am
AU looks good to short:

2 completions of ABCD
Previous support
78.6% retracement of previous swing.
Attached Image (click to enlarge)
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  • #4,166
  • May 20, 2013 6:26am May 20, 2013 6:26am
Quoting liemo
{quote} I'm seeing long for the short term {image}
Price is below Fib Ex of AB 161.8 so i wont prefer to long it plus the structure also lies between 1.2785-12745. You wont have many reasons here except 88.6 of XA. I trade confluence when i see it.
Greatness Is Only Achieved By Working Hard... Depends How Bad You Want It!!
  • #4,167
  • May 20, 2013 6:45am May 20, 2013 6:45am
Quoting gaf
Hey Starry, That first trade is calling your name! Did you get any of those easy 34 pips? I've just got here as we're watching the hockey game. Don't usually trade at night but thought I'd get some practice . Hope there is more to come. Cheers. {image}
aww no lol! awesome job
  • #4,168
  • Edited 7:26am May 20, 2013 6:54am | Edited 7:26am
I wonder if it will reach this point. An ABCD within an ab = cd.
edit: nope, placed lines at wrong place, one offset below please! makes sense, price was making deeper projections....
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  • #4,169
  • May 20, 2013 7:13am May 20, 2013 7:13am
Quoting Starry
{quote} aww no lol! awesome job
No I just caught the slop on the end a small loss for 5 pips. Volume dried up when I got there and it was 2.5 hrs before I got a trade
which ended up being a dud. Lots more opportunities, we'll see what this morning brings. May 24 here so I'll try and get some before the wife wakes up. Happy trading.
Finally out of the shadows.
  • #4,170
  • May 20, 2013 7:20am May 20, 2013 7:20am
No more Mr. Analysis, Paralysis goofball . Its time to become a trader. Stops trailing for some quick pippage. So min of 11 achieved if it doesn't keep going.

Edit: Wooha I got one. +20 done for the day. Make a great one ladies and gents. Happy May 24 if you celebrate it and most importantly thank you Mr. Pip! Cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: $EURUSD (89 Tick) 20_05_2013Trade.jpg Size: 132 KB
Finally out of the shadows.
  • #4,171
  • Edited 8:14am May 20, 2013 7:35am | Edited 8:14am
Quoting gaf
No more Mr. Analysis, Paralysis goofball . Its time to become a trader. Stops trailing for some quick pippage. So min of 11 achieved if it doesn't keep going. Edit: Wooha I got one. +20 done for the day. Make a great one ladies and gents. Happy May 24 if you celebrate it and most importantly thank you Mr. Pip! Cheers. {image}
bwahahhaha, im a consistent analytical trader yo! i was just waiting for it to get to my reversal zone, and ignored my analysis (well, more like intuition) that it was turning around!

im so much happier with my analysis method that adds those trend lines, but i dont use them as trend lines so i call them flow lines. They give me a real time sense of where the market is going .... once i master this skill, watch out !
  • #4,172
  • May 20, 2013 7:47am May 20, 2013 7:47am
Nice bat pattern forming on EUR/AUD....will it make it.....
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  • #4,173
  • May 20, 2013 9:42am May 20, 2013 9:42am
Analysis time! I can detect consistency coming around the corner, so so close! Now i have a method of producing those flow lines consistently, even after i delete everything on the chart. Now i will focus on doing this in all market conditions and in placing them correctly .....

A consistent formula will always produce consistent results ....

White smoke line is the originator of the flow line. See , so clear and clean ....

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  • #4,174
  • May 20, 2013 9:56am May 20, 2013 9:56am
Quoting Starry
Analysis time! I can detect consistency coming around the corner, so so close! Now i have a method of producing those flow lines consistently, even after i delete everything on the chart. Now i will focus on doing this in all market conditions and in placing them correctly ..... A consistent formula will always produce consistent results .... White smoke line is the originator of the flow line. See , so clear and clean .... {image}
Awesome Starry! Keep us posted on your results and make sure you aren't adding more complication to your process. The pin that formed near your 2 blue flow lines in the bottom right corner was a trap but you could have got to BE before it fully sprung. Nice agro C down after the failure of the abcd correction for some more pippin. Ok now I'm really out of here. Hope all made bank! Cheers.
Finally out of the shadows.
  • #4,175
  • May 20, 2013 10:39am May 20, 2013 10:39am
Just Short GU harmonic pattern completion and PRZ contains exhaustion of AB CD and 3 drive pattern also i think. Here is what i have found check it out.

Attached Image (click to enlarge)
Click to Enlarge Name: harmonic gu 20 5 13 9 03 pm.png Size: 63 KB
Greatness Is Only Achieved By Working Hard... Depends How Bad You Want It!!
  • #4,176
  • May 20, 2013 11:28am May 20, 2013 11:28am
Quoting shahtijani
Just Short GU harmonic pattern completion and PRZ contains exhaustion of AB CD and 3 drive pattern also i think. Here is what i have found check it out. {image}
Closed in +7 pips
Greatness Is Only Achieved By Working Hard... Depends How Bad You Want It!!
  • #4,177
  • May 20, 2013 12:11pm May 20, 2013 12:11pm
USD/CHF Short Entry From daily TF. Harmonics Pattern In Action. Have to hold on to this one lets see how it goes.

Attached Image (click to enlarge)
Click to Enlarge Name: harmonic uchf 20513 10 38PM.png Size: 56 KB
Greatness Is Only Achieved By Working Hard... Depends How Bad You Want It!!
  • #4,178
  • May 20, 2013 12:17pm May 20, 2013 12:17pm
Quoting shahtijani
{quote} Closed in +7 pips
Good trade management shahtijani!

We had a bit of a tip off that this may have trouble going lower with the bullish approach, NSH, and increase in momentum among other things. This is always easy once the trade is done so I likely would have taken the trade as well but been very aggressive with my stop. You were given the heads up with the rejection candle off S and protected your men. You even made some bank which is awesome! Great to have you here.
Attached Image (click to enlarge)
Click to Enlarge Name: $GBPUSD (15 Min) 20_05_2013.jpg Size: 94 KB
Finally out of the shadows.
  • #4,179
  • May 20, 2013 12:46pm May 20, 2013 12:46pm
Quoting gaf
{quote} Good trade management shahtijani! We had a bit of a tip off that this may have trouble going lower with the bullish approach, NSH, and increase in momentum among other things. This is always easy once the trade is done so I likely would have taken the trade as well but been very aggressive with my stop. You were given the heads up with the rejection candle off S and protected your men. You even made some bank which is awesome! Great to have you here. {image}

Thanks for appreciation sir, i am trying my best to get people involved here like you have been trading from quite a time the harmonics but i have been trading S/R, Pivots, trendlines, candle patterns for long time. Which helped me to close out early as i saw the rejection.

My Tp was at 38.2 fib and i went for dinner after i came back it had hit 23 fib on which i would have closed some part of the running position however i was at dinner so closed higher all the position as i saw its being rejected and the pattern can fail so it happened. But anyways i closed for a profit. I will be uploading all my harmonic patterns that i will trade. i would love to hear from you if i go anywhere wrong. Thanks again.
Greatness Is Only Achieved By Working Hard... Depends How Bad You Want It!!
  • #4,180
  • May 20, 2013 12:49pm May 20, 2013 12:49pm
Quoting shahtijani
USD/CHF Short Entry From daily TF. Harmonics Pattern In Action. Have to hold on to this one lets see how it goes. {image}
Currently i m short uchf its working out nice. i am going to hold it as it is from daily time frame. Lets wait n watch ....
Greatness Is Only Achieved By Working Hard... Depends How Bad You Want It!!
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