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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

  • #7,661
  • Jan 17, 2014 7:44am Jan 17, 2014 7:44am
Quoting Bary
{quote} Nice trades!

thanks hope you're troops have also treated you well today
  • #7,662
  • Jan 17, 2014 8:05am Jan 17, 2014 8:05am
Quoting Bary
{quote} GM Fine, Just looking now at EU. It finally broke down. So a sell at last structure @1.3580-5 or wait for AB=CD down @1.3555 ish I'll look at UJ in a sec. {image}

It retraced nicely to structure.
Now the buy zone is looking a bit better.
Attached Image (click to enlarge)
Click to Enlarge Name: EU 1-17 2.png Size: 55 KB
Barry
  • #7,663
  • Jan 17, 2014 8:09am Jan 17, 2014 8:09am
Long eur/jpy
Attached Image(s) (click to enlarge)
Click to Enlarge Name: $EURJPY (233 Tick) 1_17_2014_A.jpg Size: 159 KB
Click to Enlarge Name: $EURJPY (233 Tick) 1_17_2014_B.jpg Size: 179 KB
  • #7,664
  • Jan 17, 2014 8:20am Jan 17, 2014 8:20am
@ BE now. Because I'm trading against Long Order Flow and Trade Plan
Attached Image (click to enlarge)
Click to Enlarge Name: $EURJPY (233 Tick) 1_17_2014_C.jpg Size: 179 KB
  • #7,665
  • Jan 17, 2014 8:29am Jan 17, 2014 8:29am
UPDATE
Attached Image (click to enlarge)
Click to Enlarge Name: $EURJPY (233 Tick) 1_17_2014_D.jpg Size: 147 KB
  • #7,666
  • Jan 17, 2014 8:31am Jan 17, 2014 8:31am
NSH UPDATE
Attached Image (click to enlarge)
Click to Enlarge Name: $EURJPY (233 Tick) 1_17_2014_E.jpg Size: 145 KB
  • #7,667
  • Jan 17, 2014 8:31am Jan 17, 2014 8:31am
Quoting 76bronco
UPDATE {image}

Nice trade I didn't see it, I would have traded this too.
  • #7,668
  • Jan 17, 2014 8:36am Jan 17, 2014 8:36am
Quoting 76bronco
NSH UPDATE {image}

Nice trade! Thanks for posting it with all the info as to why you took the trade and your PA analysis.
Foexbuster take note, that's how to post a trade so others see why and learn from it.
Barry
  • #7,669
  • Jan 17, 2014 8:41am Jan 17, 2014 8:41am
Good morning fellow traders, Catching up with the post. Didn't trade yesterday because of personal obligations and nothing on the USD/JPY is appealing this morning. Kind of waited around to see if news would get price moving but nothing doing.Hope everyone gets some green pips. I will keep you all posted if I see anything interesting working up.
  • #7,670
  • Jan 17, 2014 8:44am Jan 17, 2014 8:44am
Closed trade. Hope this helps. Hard to do in real time posting.
Attached Image (click to enlarge)
Click to Enlarge Name: $EURJPY (233 Tick) 1_17_2014_F.jpg Size: 173 KB
  • #7,671
  • Jan 17, 2014 8:47am Jan 17, 2014 8:47am
short
Attached Image (click to enlarge)
Click to Enlarge Name: jan 17 usdjpy.jpg Size: 169 KB
  • #7,672
  • Jan 17, 2014 8:48am Jan 17, 2014 8:48am
I think some valid points got raised recently about terminology ("order flow").

I have one of my own: when people talk about "new structure high" and "new structure low" are they just referring to a new swing high or low?
So a "new structure high" (NSH) could be a higher high (HH) or a lower high (LH).
And a "new structure low" (NSL) could be a lower low (LL) or a higher low (HL).

Or is something different being described with people use NSH and NSL?
  • #7,673
  • Jan 17, 2014 8:48am Jan 17, 2014 8:48am
Quoting 76bronco
Closed trade. Hope this helps. Hard to do in real time posting. {image}
beautiful. keep it up bro
  • #7,674
  • Jan 17, 2014 8:51am Jan 17, 2014 8:51am
Quoting itinerant
I think some valid points got raised recently about terminology ("order flow"). I have one of my own: when people talk about "new structure high" and "new structure low" are they just referring to a new swing high or low? So a "new structure high" (NSH) could be a higher high (HH) or a lower high (LH). And a "new structure low" (NSL) could be a lower low (LL) or a higher low (HL). Or is something different being described with people use NSH and NSL?

NSL is a new close below the last swing low close.
Barry
  • #7,675
  • Jan 17, 2014 8:58am Jan 17, 2014 8:58am
Potential selloff of USD/JPY
  • #7,676
  • Jan 17, 2014 9:00am Jan 17, 2014 9:00am
Quoting Bary
{quote} NSL is a new close below the last swing low close.
Thanks Barry
So NSH and NSL aren't necessarily swings... just a bar close beyond?
  • #7,677
  • Jan 17, 2014 9:01am Jan 17, 2014 9:01am
Quoting Bary
{quote} NSL is a new close below the last swing low close.
Correct me if I'm wrong guys!
Attached Image (click to enlarge)
Click to Enlarge Name: EU NSH.png Size: 29 KB
Barry
  • #7,678
  • Jan 17, 2014 9:02am Jan 17, 2014 9:02am
Quoting itinerant
{quote} Thanks Bary So NSH and NSL aren't necessarily swings... just a bar close beyond?

No. A HH refers to the high of the candle including tail
Structure refers to the close of the candle.
Barry
  • #7,679
  • Jan 17, 2014 9:02am Jan 17, 2014 9:02am
No, it was a fakeout.....
  • #7,680
  • Jan 17, 2014 9:03am Jan 17, 2014 9:03am
Quoting FineForex
short {image}
well as per my rules im out +3 . sucky reaction off supply there but ok no problem on to the next one
Attached Image (click to enlarge)
Click to Enlarge Name: jan 17 usdjpy.jpg Size: 161 KB
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