Ratios & Harmonics: a Different Way to Trade | Page 346 | 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

  • #6,901
  • Jan 2, 2014 10:35pm Jan 2, 2014 10:35pm
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.
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled11111.jpg Size: 81 KB
The Thief of Wall Street
  • #6,902
  • Jan 2, 2014 10:35pm Jan 2, 2014 10:35pm
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.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdh4.png Size: 39 KB
-milkeyway
  • #6,903
  • Edited 10:47pm Jan 2, 2014 10:36pm | Edited 10:47pm
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.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDM30-0103.png Size: 93 KB
Click to Enlarge Name: eurusddaily-0103.png Size: 80 KB
  • #6,904
  • Jan 2, 2014 10:36pm Jan 2, 2014 10:36pm
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:

Attached Image (click to enlarge)
Click to Enlarge Name: usdchf-a.png Size: 50 KB
Best time to plant a tree was 20 years ago, second best is now
  • #6,905
  • Jan 2, 2014 10:37pm Jan 2, 2014 10:37pm
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.
Attached Image (click to enlarge)
Click to Enlarge Name: usdchfh4.png Size: 38 KB
-milkeyway
  • #6,906
  • Jan 2, 2014 10:38pm Jan 2, 2014 10:38pm
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 2, 2014 10:38pm Jan 2, 2014 10:38pm
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 2, 2014 10:40pm Jan 2, 2014 10:40pm
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 2, 2014 10:53pm Jan 2, 2014 10:53pm
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 2, 2014 11:07pm Jan 2, 2014 11:07pm
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 2, 2014 11:19pm Jan 2, 2014 11:19pm
hit my TP yahoo

Attached Image (click to enlarge)
Click to Enlarge Name: gagokayo.png Size: 34 KB
  • #6,912
  • Jan 2, 2014 11:54pm Jan 2, 2014 11:54pm
1;2 RR

Attached Image (click to enlarge)
Click to Enlarge Name: gagokayo.png Size: 34 KB
  • #6,913
  • Jan 2, 2014 11:57pm Jan 2, 2014 11:57pm
EU market open, small opportunity on UsdCad?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usdcadh1-0103.png Size: 89 KB
Click to Enlarge Name: USDCADM5-0103.png Size: 88 KB
  • #6,914
  • Jan 3, 2014 12:01am Jan 3, 2014 12:01am
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 12:19am Jan 3, 2014 12:19am
NzdUsd M15-H1 opportunity for shorting?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: nzdusdh1-0103a.png Size: 96 KB
Click to Enlarge Name: NZDUSDH1-0103.png Size: 88 KB
  • #6,916
  • Edited 12:50am Jan 3, 2014 12:39am | Edited 12:50am
GBPUSD H4 bull 5-0 in an uptrend.
and a magnification / drill down to LTF
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusdh40103a.png Size: 117 KB
Click to Enlarge Name: GBPUSDH4-0103.png Size: 87 KB
Click to Enlarge Name: GBPUSDM15-0103.png Size: 88 KB
  • #6,917
  • Jan 3, 2014 12:40am Jan 3, 2014 12:40am
Another trade I just jump in on. USDJPY M5.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpym5.png Size: 21 KB
Damn The Torpedoes, Full Speed Ahead!
  • #6,918
  • Jan 3, 2014 12:43am Jan 3, 2014 12:43am
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 12:50am Jan 3, 2014 12:50am
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 1:18am Jan 3, 2014 1:18am
Attached Image (click to enlarge)
Click to Enlarge Name: gagokayo.png Size: 24 KB
59 traders viewing now