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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

  • #6,901
  • Jan 3, 2014 12:35am Jan 3, 2014 12:35am
Quoting Chicky
{quote} Its not.
This is the way it should be, plus few more parallel lines (i.e. without changing the angle) below that yellow line.
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The Thief of Wall Street
  • #6,902
  • Jan 3, 2014 12:35am Jan 3, 2014 12:35am
You may not agree with this but I have taken a risky trade due to S/R key level @ entry point.
I know my SL may hit.
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-milkeyway
  • #6,903
  • Edited 12:47am Jan 3, 2014 12:36am | Edited 12:47am
Quoting lobogabor
{quote} XA is not very clear, there will come a lot of support there. Also consider, that we are at a B level of a weekly potential bat developing (natural support resistance in this region). The long could be good in a HTF up trend. I know your XA is the shorter version, but with my case you will rather miss the entry and not your money. The AB=CD for my version of a potential gartley comes in at 88.6% of XA on the H1 TF. {image} {image}
Update on EURUSD, we are at a nice structure, there are 2x bread and butter (ABCD), some 5p harmonics now on M15 and M30 plus a Wolfe Wave.
Will any of these work now or MM takes care of it on a nice Friday?
Based on SD on a daily level it still has a chance to test the lower supply level.
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  • #6,904
  • Jan 3, 2014 12:36am Jan 3, 2014 12:36am
Quoting kumaramy
Hope this is right {image}
Amit, 1 to 1 harmonic moves should be taken off the next higher low.

In this case you got a NSL. From there to the high you get your AB. Then you look for C and it's there where you paste that line. Something like this:

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Best time to plant a tree was 20 years ago, second best is now
  • #6,905
  • Jan 3, 2014 12:37am Jan 3, 2014 12:37am
Quoting Chicky
{quote} This is the way it should be, plus few more parallel lines (i.e. without changing the angle) below that yellow line. {image}
I am short on this. I have taken risky trade with USDCHF too. By the way nice to see you after a long time.
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-milkeyway
  • #6,906
  • Jan 3, 2014 12:38am Jan 3, 2014 12:38am
Quoting Chicky
{quote} This is the way it should be, plus few more parallel lines (i.e. without changing the angle) below that yellow line. {image}
Nice to see you here Chicky.
Best time to plant a tree was 20 years ago, second best is now
  • #6,907
  • Jan 3, 2014 12:38am Jan 3, 2014 12:38am
Quoting horuxito
{quote} Amit, 1 to 1 harmonic moves should be taken off the next higher low. In this case you got a NSL. From there to the high you get your AB. Then you look for C and it's there where you paste that line. Something like this: {image}
I understand I did something wrong.
-milkeyway
  • #6,908
  • Jan 3, 2014 12:40am Jan 3, 2014 12:40am
Quoting kumaramy
{quote} I understand I did something wrong.
Right expectation, although funny (dis)placement of your lines hehe. Keep it man, you are doing it great.
Best time to plant a tree was 20 years ago, second best is now
  • #6,909
  • Jan 3, 2014 12:53am Jan 3, 2014 12:53am
Quoting horuxito
{quote} Nice to see you here Chicky.
Very few welcome me on their threads. Thanks. Nice thread here, but I am just a 50% fib guy.
The Thief of Wall Street
  • #6,910
  • Jan 3, 2014 1:07am Jan 3, 2014 1:07am
Quoting DizzleFX
Update on my trade. Price just moved past my 38.2 fib, so I moved my stop to break even, risk free trade now.
SL was hit, so I am out at BE. Better than losing money.
Damn The Torpedoes, Full Speed Ahead!
  • #6,911
  • Jan 3, 2014 1:19am Jan 3, 2014 1:19am
hit my TP yahoo

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  • #6,912
  • Jan 3, 2014 1:54am Jan 3, 2014 1:54am
1;2 RR

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  • #6,913
  • Jan 3, 2014 1:57am Jan 3, 2014 1:57am
EU market open, small opportunity on UsdCad?
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  • #6,914
  • Jan 3, 2014 2:01am Jan 3, 2014 2:01am
It was nice trading tonight with you guys. Took 12 pips from the EU and 14 from the AU. I want to sleep and didn't have the energy to move them to BE

Shh don't tell anyone!
Best time to plant a tree was 20 years ago, second best is now
  • #6,915
  • Jan 3, 2014 2:19am Jan 3, 2014 2:19am
NzdUsd M15-H1 opportunity for shorting?
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  • #6,916
  • Edited 2:50am Jan 3, 2014 2:39am | Edited 2:50am
GBPUSD H4 bull 5-0 in an uptrend.
and a magnification / drill down to LTF
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  • #6,917
  • Jan 3, 2014 2:40am Jan 3, 2014 2:40am
Another trade I just jump in on. USDJPY M5.
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Damn The Torpedoes, Full Speed Ahead!
  • #6,918
  • Jan 3, 2014 2:43am Jan 3, 2014 2:43am
I closed my all trades right now. I was actually against my another mind while entering trade. I don't have to trade where I am not sure. I may re enter AU sell trade but only after confirmation.
-milkeyway
  • #6,919
  • Jan 3, 2014 2:50am Jan 3, 2014 2:50am
Quoting DizzleFX
Another trade I just jump in on. USDJPY M5. {image}
Moved my SL to BE. Risk free trade.
Damn The Torpedoes, Full Speed Ahead!
  • #6,920
  • Jan 3, 2014 3:18am Jan 3, 2014 3:18am
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