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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

  • #8,261
  • Mar 7, 2014 12:47pm Mar 7, 2014 12:47pm
Only as a guide in the sea
ONE TO ONE is one fulfillment, we expect a decline to 36 and 61%, itself a bearish ONE TO ONE with fibos.
We may see and learn
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  • #8,262
  • Mar 7, 2014 5:54pm Mar 7, 2014 5:54pm
Quoting alfis
I know Mr pips had made a video about this but I'd like to make a simple clarification. The abcd pattern is where we look for price to make a reversal at the completion of D where the D leg is the end of ab=cd right? While the ab=cd pattern is where we trade the 78 or 61 retracement (point C) with the idea that price will move down to D where ab=cd. Did I get this right?
Hi its an ABCD if it makes between 61.8-78.6 fibs, for aggressive C trade down to D then yes looking for rev at D

An AB=CD the C leg does not reach the 61.8 and looking for rev at D
Never said I was Batman,all I'm saying is you'll never see us together.
  • #8,263
  • Mar 7, 2014 8:10pm Mar 7, 2014 8:10pm
Quoting headfake
{quote} Hi its an ABCD if it makes between 61.8-78.6 fibs, for aggressive C trade down to D then yes looking for rev at D An AB=CD the C leg does not reach the 61.8 and looking for rev at D
Hi Headfake, thanks for the clarification.

So the only difference between ABCD and AB=CD is the retracements it goes to? And we trade both patterns at the completion of D right? (Optional is the aggressive C trade for ABCD)
  • #8,264
  • Mar 7, 2014 10:50pm Mar 7, 2014 10:50pm
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-milkeyway
  • #8,265
  • Mar 7, 2014 11:50pm Mar 7, 2014 11:50pm
Supply becomes demand.
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-milkeyway
  • #8,266
  • Mar 8, 2014 12:52am Mar 8, 2014 12:52am
Quoting alfis
{quote} Hi Headfake, thanks for the clarification. So the only difference between ABCD and AB=CD is the retracements it goes to? And we trade both patterns at the completion of D right? (Optional is the aggressive C trade for ABCD)
correct Sir , and your looking for confluences and dont forget the MM rules and trade entry rules which are just as important as identifying a set up
Never said I was Batman,all I'm saying is you'll never see us together.
  • #8,267
  • Edited 9:26pm Mar 9, 2014 9:12pm | Edited 9:26pm
Here is the confluence for this trade.
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-milkeyway
  • #8,268
  • Mar 10, 2014 1:30am Mar 10, 2014 1:30am
Quoting kumaramy
Here is the confluence for this trade. {image} {image} {image} {image} {image}
Now, if price goes above this spike, the trade would be in trouble. So, I would out of the market if it goes high of that spike.
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-milkeyway
  • #8,269
  • Mar 10, 2014 1:49am Mar 10, 2014 1:49am
Quoting kumaramy
{quote} Now, if price goes above this spike, the trade would be in trouble. So, I would out of the market if it goes high of that spike. {image}
The spike still hold the price below itself.
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-milkeyway
  • #8,270
  • Mar 10, 2014 1:59am Mar 10, 2014 1:59am
Quoting kumaramy
{quote} Now, if price goes above this spike, the trade would be in trouble. So, I would out of the market if it goes high of that spike. {image}
it goes high..now we can say trade is in trouble.
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-milkeyway
  • #8,271
  • Mar 10, 2014 2:07am Mar 10, 2014 2:07am
Quoting kumaramy
{quote} Now, if price goes above this spike, the trade would be in trouble. So, I would out of the market if it goes high of that spike. {image}
If you can see this spikes this was last decision to break the low.
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-milkeyway
  • #8,272
  • Mar 10, 2014 2:08am Mar 10, 2014 2:08am
Quoting kumaramy
{quote} If you can see this spikes this was last decision to break the low. {image}
Price drops from the decision level..so it is bit powerful.
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-milkeyway
  • #8,273
  • Mar 10, 2014 2:13am Mar 10, 2014 2:13am
Price have these demand hurdles in the way.
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-milkeyway
  • #8,274
  • Mar 10, 2014 6:23am Mar 10, 2014 6:23am
Just returned to the PC. I saw sl was hit but it was turned exactly at SL which was set to the decision level. SL could have to be above the last decision but it was exactly at decision so it hits. Still if price comes to the level I will reload shorts again. No change in view.
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-milkeyway
  • #8,275
  • Mar 10, 2014 7:33am Mar 10, 2014 7:33am
reloaded short again.
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-milkeyway
  • #8,276
  • Mar 10, 2014 7:41am Mar 10, 2014 7:41am
Hi,

I'm looking for some tips to help me to better locate point X of a 5 points pattern. Anybody has some rules to find good points X?
  • #8,277
  • Mar 10, 2014 8:19am Mar 10, 2014 8:19am
Welcome Back Mr. Pip.
-milkeyway
  • #8,278
  • Mar 10, 2014 9:45am Mar 10, 2014 9:45am
Quoting kumaramy
reloaded short again. {image}
whats your target for this sell and no sl?
  • #8,279
  • Mar 10, 2014 10:56am Mar 10, 2014 10:56am
Quoting xetrader
{quote} whats your target for this sell and no sl?
TGT is same as previous. http://www.forexfactory.com/attachment.php?attachmentid=1383102&d=1394417523
-milkeyway
  • #8,280
  • Mar 10, 2014 1:39pm Mar 10, 2014 1:39pm
If price stays above the horizontal line then down move would be in trouble.
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-milkeyway
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