Ratios & Harmonics: a Different Way to Trade | Page 466 | Forex Factory

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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

  • #9,301
  • Jul 1, 2014 9:28am Jul 1, 2014 9:28am
Quoting GiovanniV
Morning All traders, Mr. Pip, there was an expectation of the draw. There is no possibility of reversal for the time being in force as bearish broke the PRZ {image}
Hello GiovanniV. Nice call on the NZDUSD. Are you still in this trade?
  • #9,302
  • Jul 1, 2014 1:55pm Jul 1, 2014 1:55pm
Quoting Mack2013
{quote} Hello GiovanniV. Nice call on the NZDUSD. Are you still in this trade?
Hi Mack,
No, because it did not respect my rules in the PRZ. you're enter in the trade?
  • #9,303
  • Jul 1, 2014 4:01pm Jul 1, 2014 4:01pm
Quoting GiovanniV
{quote} Hi Mack, No, because it did not respect my rules in the PRZ. you're enter in the trade?
nah. I was just reviewing the post and other traders strategies. I like seeing others do well.
  • #9,304
  • Jul 1, 2014 4:02pm Jul 1, 2014 4:02pm
Quoting Mack2013
{quote} I hope you were able to get in on the AUDUSD before the big move. If you did... nice move. Good job
Nope I did not get in that trade. I was expecting a deeper correction. Maybe next time.
Damn The Torpedoes, Full Speed Ahead!
  • #9,305
  • Jul 1, 2014 11:50pm Jul 1, 2014 11:50pm
Found 2 potential cypher patterns on UJ 4h and 15min
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cypher1.png Size: 8 KB
Click to Enlarge Name: cypher2.png Size: 9 KB
  • #9,306
  • Jul 2, 2014 12:39am Jul 2, 2014 12:39am
Pip, what exactly is the stop loss and tp rules for butterfly and crab patterns?
Both of them exceeds x which makes it hard do determine
  • #9,307
  • Jul 2, 2014 1:22am Jul 2, 2014 1:22am
well.. There is Cyphers all over the place
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cypher3.png Size: 131 KB
Click to Enlarge Name: cypher4.png Size: 113 KB
Click to Enlarge Name: cypher5.png Size: 117 KB
  • #9,308
  • Edited 6:37am Jul 2, 2014 5:40am | Edited 6:37am
I had a much easier time identifying the swings on this one. EURAUD 15 Min. Let me know what yah think!
Attached Image (click to enlarge)
Click to Enlarge Name: swing.png Size: 47 KB
Damn The Torpedoes, Full Speed Ahead!
  • #9,309
  • Edited 6:38am Jul 2, 2014 6:09am | Edited 6:38am
Current trade that I am in. Short EU 5 Min. I took this trade after making a NSL then on the pullback into the 38.2 fib. All though hard to see, the white arrow is my entry candle. After I entered, it made a NSH on the short term order flow. My PRZ is based on the confluence of the 127 and 132 fib, previous structure and the expected CD leg completion. Thoughts? Positive or negative, you won't hurt my feelings!
Attached Image (click to enlarge)
Click to Enlarge Name: expectation2.png Size: 54 KB
Damn The Torpedoes, Full Speed Ahead!
  • #9,310
  • Jul 2, 2014 6:36am Jul 2, 2014 6:36am
No fence but you need to be way more picky..
There are patterns EVERYWHERE today and you choose to pick a tiny ABCD on a low tf which doesn't even meet our criteria.
we need to see a 61.8 BC retracement to make sure that we have a positive R:R
  • #9,311
  • Jul 2, 2014 6:53am Jul 2, 2014 6:53am
Morning all traders
EURAUD
Bearish Crab
http://i1243.photobucket.com/albums/...ps654b234a.jpg

zoomout order flow
http://i1243.photobucket.com/albums/...ps25187c65.jpg
  • #9,312
  • Jul 2, 2014 6:55am Jul 2, 2014 6:55am
Quoting moretti12
No fence but you need to be way more picky.. There are patterns EVERYWHERE today and you choose to pick a tiny ABCD on a low tf which doesn't even meet our criteria. we need to see a 61.8 BC retracement to make sure that we have a positive R:R
its all all good man. I don't trade patterns, just working on ABCDs and AB=CD, you might consider them patterns but I don't. This would have been an AB=CD. R:R would have been the same regardless of the retracement, since AB equals CD. Could you explain how it doesn't meet the criteria?
Damn The Torpedoes, Full Speed Ahead!
  • #9,313
  • Jul 2, 2014 6:58am Jul 2, 2014 6:58am
Attached File(s)
File Type: pdf ABCD ROE - conservative and agressive.pdf   450 KB | 572 downloads
  • #9,314
  • Jul 2, 2014 7:06am Jul 2, 2014 7:06am
Quoting moretti12
{image}
That's great for ABCD, my trade was based on the ROE for an AB=CD.
Damn The Torpedoes, Full Speed Ahead!
  • #9,315
  • Jul 2, 2014 7:21am Jul 2, 2014 7:21am
its the same dude
  • #9,316
  • Jul 2, 2014 7:44am Jul 2, 2014 7:44am
Quoting moretti12
its the same dude
Start on page 1 and read to page 466. While your at it, swing by YouTube and look up DCASTFX and watch his ABCD vs AB=CD video. I'll be happy to answer any questions you may have.
Damn The Torpedoes, Full Speed Ahead!
  • #9,317
  • Jul 2, 2014 7:48am Jul 2, 2014 7:48am
Quoting moretti12
No fence but you need to be way more picky.. There are patterns EVERYWHERE today and you choose to pick a tiny ABCD on a low tf which doesn't even meet our criteria. we need to see a 61.8 BC retracement to make sure that we have a positive R:R
By the way, I banked on my tiny AB=CD.
Damn The Torpedoes, Full Speed Ahead!
  • #9,318
  • Jul 2, 2014 7:55am Jul 2, 2014 7:55am
Saved by news.. Give me your entry point and ill clarify why you shouldn't have taken that trade
  • #9,319
  • Jul 2, 2014 8:00am Jul 2, 2014 8:00am
Quoting moretti12
Saved by news.. Sive me your entry point and ill clarify why you shouldn't have taken that trade
My entry is on post 9309. I'll be looking forward to your analysis when I wake up.
Damn The Torpedoes, Full Speed Ahead!
  • #9,320
  • Jul 2, 2014 9:17am Jul 2, 2014 9:17am
Good morning traders

I was looking at an Aggresive C opportunity in the GBPUSD but decided to pass. The GBPUSD is in a strong up trend. I've been tempted to short several times the last couple of days but market makes a retracement then pushes higher. Even tho I do expect a pullback at the 1.71600 level, I don't expect price to make a full retracment down to the Lower Low or establish a new Lower Low. So the potential profit is less then the risk.

What do you guys think?

http://icmarkets.ctrader.com/images/screens/d6nwn.png
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