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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

  • #5,081
  • Nov 5, 2013 11:45pm Nov 5, 2013 11:45pm
Bat formation on EUR/JPY H1

Now PA in the PRZ zone, looking for short

Thanks fiovit for your replay
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I Have Learned to Take Some Losses to Make Profits
  • #5,082
  • Nov 6, 2013 2:44am Nov 6, 2013 2:44am
Hi guys, I'm new to the forum. I'm a harmonic/market structure trader. I hope to learn with you guys. Cheers.
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  • #5,083
  • Nov 6, 2013 3:40am Nov 6, 2013 3:40am
EURGBP 4h - Potential bullish cypher.
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  • #5,084
  • Nov 6, 2013 3:46am Nov 6, 2013 3:46am
GBPUSD - Structure resistance level around 61.8 - 78.6. The pair may be trying to construct AB leg of a pattern.
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  • #5,085
  • Nov 6, 2013 5:43pm Nov 6, 2013 5:43pm
go bitcoin! my investment is making money. Currently at $265

I think it will spike to 400 by the end of the year, so I will set my take profit there.
  • #5,086
  • Nov 7, 2013 4:59am Nov 7, 2013 4:59am
AudNzd H4 bull bat just about to reach/retest PRZ
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  • #5,087
  • Nov 7, 2013 6:31am Nov 7, 2013 6:31am
shit... I just made money while asleep

Bitcoin moves from 270 to 309 overnight!

I really really need this ..... the joys of earning money through forex like trading
  • #5,088
  • Nov 7, 2013 1:01pm Nov 7, 2013 1:01pm
  •  Owl
  • | Joined Dec 2012 | Status: FX Siphoner Of Symphonies | 435 Posts
Quoting RyuShin
GBPUSD - Structure resistance level around 61.8 - 78.6. The pair may be trying to construct AB leg of a pattern. {image}

Oh snap! Ryu?!! are you thee Ryu? from the other site(TSD)?

You are like a frigging legend over there!!! I'm glad you made

your way over here, you will definitely get noticed and more

feedback in this forum than the other which I know is one

of the reasons you came over here!!! Anyways nice to have

you aboard I wish I had enough credits to immediately issue

you a V off the jump just to get you started......I make one

recommendation to you which is to just go right ahead and start

your own thread cause this one's too small for you and you're too

big for it already... you certainly have the stuff that it takes to have

your own thing going....Much more levels of success goes out to you

have a good one Ryu....

Quoting lobogabor
AudNzd H4 bull bat just about to reach/retest PRZ {image}
Lobo? is that you? you from TSD too? right? it's great to have you both,now the core

harmonics will get it's chance to shine!!!! Just do what ya'll both do best.... the folks

here are going to love it.....
One Must Use A Noble Rapier To Pierce The Veil Of Mystery
  • #5,089
  • Edited 10:07pm Nov 7, 2013 9:37pm | Edited 10:07pm
Reaching page 127 so far so good, harmonic opened my eyes on how the market moves in waves, sometime I draw in advanced the wave of the market and to my likely coming back to charts later only to see that the market was like a snake that crawls following my lines and waves, thanks everyone
I Have Learned to Take Some Losses to Make Profits
  • #5,090
  • Nov 7, 2013 10:49pm Nov 7, 2013 10:49pm
an ABCD pattern, difficulty forming BAT model.
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Trading in the zone
  • #5,091
  • Nov 9, 2013 6:55pm Nov 9, 2013 6:55pm
Hey guys, I am not proud of it, still not made a full weekend review, but I am publishing it to see if anybody has any suggestions. I am not sure worth working with it, while I do see the same stuff during the hours of the week in action. So what do you think, could it be really used? Or improved?
I have left the last week review result on in columns J-O for reference. So what do you think?
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  • #5,092
  • Nov 9, 2013 9:07pm Nov 9, 2013 9:07pm
  •  Owl
  • | Joined Dec 2012 | Status: FX Siphoner Of Symphonies | 435 Posts
Quoting lobogabor
I am not sure worth working with it, while I do see the same stuff during the hours of the week in action.
Hey lobo of course it's worth working with you are talking about the core as well as additional harmonic patterns and it's ratios...you do reckonigze

that don't you? So you should just continue to try to improve it as there will always be use for it by you as well as all the others who trade this way....
One Must Use A Noble Rapier To Pierce The Veil Of Mystery
  • #5,093
  • Nov 10, 2013 7:17am Nov 10, 2013 7:17am
Quoting lobogabor
Hey guys, I am not proud of it, still not made a full weekend review, but I am publishing it to see if anybody has any suggestions. I am not sure worth working with it, while I do see the same stuff during the hours of the week in action. So what do you think, could it be really used? Or improved? I have left the last week review result on in columns J-O for reference. So what do you think? {image} {image}
I think its brilliant.

So just to make clear:

Trading an "emerging" ab = cd is basically buying (or selling) at the C point , right?
In other words, the order flow is up if you are doing an emerging ab = cd buy.

"In progress" bull/bear means the pattern has already completed, and there exists a swing in progress after the bullish/bear pattern. For example, a bearish ab = cd has finished, and the swing is currently moving downward.

A "completing" bull/bear means that the pattern has finished forming , and price is at or very near to the Potential Reversal Zone (PRZ).

------------------
A different type of classification is the swing classification. The market is either moving up or down. Either way,

Swings can either be:

(1) "in the middle "/in progress of a swing
(2) "finishing"/completing the current swing

Swings patterns can be one of the two:

(1) trend ("long term order flow" is up or down and is forming higher highs and lower lows), or
(2) waves/wavy/range (long term order flow is equal to "short term order flow", the pattern is a range or a large 'wavy' range, which is a range on a higher time frame)

Order flow can either be
(1) short-term (short-term order flow weakness, a transition from up->down or down->up, always exists at the end of a swing)
(2) long-term (long-term order flow weakness occurs at the end of a large or small trend on the 100 tick chart, and at the transition from a wave to a trend (basically, price is in the middle of a swing on a larger timeframe))

And finally, all of this can be used in multi-timeframe analysis, using the 100 tick chart and the 15 minute chart. In addition, we can talk about swings which are 'smaller' or 'larger' on the timeframe we're trading. For example, a 'small' wavy pattern on the 100 tick chart would refer to a wavy top pattern at the top of a swing, or a wavy pattern which is just a pause in the swing, in other words a range when the long-term order flow is still up.

A 'large' wavy pattern might be a top on a larger timeframe, or a pause in the trend on a larger timeframe, or it even might refer to a wavy/range pattern which exists on both the 100tick and 15 minute chart.
  • #5,094
  • Nov 10, 2013 2:06pm Nov 10, 2013 2:06pm
Starry, thank you for your thoughts, I have not thought these things over yet, that deeply. Probably I should.
When I have a pattern "in progress", meaning started moving already and left PRZ... I would rather take HPs in the same direction on an LTF, or any opposing ones with more caution only.
When it is "completing" should be close to PRZ, or in the PRZ so I am expecting to enter in the direction of that pattern at the entry point - at HP completion + structure level as minimum.
When it is in "emerging" phase I could look for lower TF HPs in the opposite direction of the HTF emerging one. I.e.: and emerging bear bat on H4 would be a good prospect to buy around the B level on the CD leg, based on a LTF bull HP (Carney BAMM entry).
  • #5,095
  • Nov 10, 2013 6:18pm Nov 10, 2013 6:18pm
UsdCad D1 ready to short in this zone?
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  • #5,096
  • Nov 10, 2013 6:49pm Nov 10, 2013 6:49pm
UsdCad short might look even better with a baby Gartley in the PRZ iof the big one?
History will tell.
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  • #5,097
  • Nov 10, 2013 8:00pm Nov 10, 2013 8:00pm
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  • #5,098
  • Nov 10, 2013 11:11pm Nov 10, 2013 11:11pm
Quoting lobogabor
Hey guys, I am not proud of it, still not made a full weekend review, but I am publishing it to see if anybody has any suggestions. I am not sure worth working with it, while I do see the same stuff during the hours of the week in action. So what do you think, could it be really used? Or improved? I have left the last week review result on in columns J-O for reference. So what do you think? {image} {image}

Man, thats quite alot of work. Just curious if your using a HP indicator (ZUP, etc.) or if you are doing the fib work on your own?

I do something similar, although I use similar colors for each pattern.
For example:
an emerging AB=CD I might color code with light blue
the in progress AB=CD I might use a medium blue
and the completed AB=CD I might use a dark blue.

Bats always red shades... 5-0's always yellow shades... Butterflys always green shades, etc., etc., etc.

Basically, I just found that shading the color coding exactly the same over and over and over for each pattern allowed my eyes to more easily recognize progress of the shorter term patterns vs the longer term patterns... So, with just a glance, I literally watch the progress unfold through the shading.

Anyways, thats my 2 pips worth. Give it a shot if you want to.

Again, nice tracking system in the works.
  • #5,099
  • Nov 11, 2013 1:43am Nov 11, 2013 1:43am
Quoting lobogabor
Hey guys, I am not proud of it, still not made a full weekend review, but I am publishing it to see if anybody has any suggestions. I am not sure worth working with it, while I do see the same stuff during the hours of the week in action. So what do you think, could it be really used? Or improved? I have left the last week review result on in columns J-O for reference. So what do you think? {image} {image}
is this manual or automatically updated?
  • #5,100
  • Nov 11, 2013 3:36am Nov 11, 2013 3:36am
Quoting deanoracer
{quote} Man, thats quite alot of work. Just curious if your using a HP indicator (ZUP, etc.) or if you are doing the fib work on your own? I do something similar, although I use similar colors for each pattern. For example: an emerging AB=CD I might color code with light blue the in progress AB=CD I might use a medium blue and the completed AB=CD I might use a dark blue. Bats always red shades... 5-0's always yellow shades... Butterflys always green shades, etc., etc., etc. Basically, I just found that shading the color coding exactly the same over...
Thank you for your tips and comments. Can you please post a sample of your tracking?
As for collecting the HPs I use different indicators, the manual work starts only after selecting the candidates drawing attention.
Lately I found an MT5 radar, showing up classical patterns all TF for each pair by type, I like that much.
Also checking through pairs and TFs with ZUP and korharmonics.
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