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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

  • #9,441
  • Jul 8, 2014 6:59am Jul 8, 2014 6:59am
Quoting Mr. Pip
{quote} Well done! I think you are processing your chart very well! Sometimes we don't have all of the information we are looking for then the opportunity arises. This is fine what you must ask yourself is if the conditions that would trigger an entry are present. If they are pull the trigger and manage your trade and if they are not sit on your hands.
Thank you very much Mr.Pip for the words of encouragement. I've been working extremely hard on reading the charts. I'm glad to see that the time invested is starting to pay off.
  • #9,442
  • Jul 8, 2014 7:06am Jul 8, 2014 7:06am
Hi all traders,
Gold
http://i1243.photobucket.com/albums/...ps8b5976b5.jpg
  • #9,443
  • Jul 8, 2014 7:09am Jul 8, 2014 7:09am
usdjpy
http://i1243.photobucket.com/albums/...pse3b94fd0.jpg
  • #9,444
  • Jul 8, 2014 7:14am Jul 8, 2014 7:14am
Quoting fxmasterdxb
{quote} okay so PA passed by 38.2 and touched 61.8 before retracing back! Love it when harmonics works well
nice job. good call
  • #9,445
  • Jul 8, 2014 7:24am Jul 8, 2014 7:24am
for the moment I do not see it decision by the bullish bearish.
What do you think?
http://i1243.photobucket.com/albums/...psa1d9016c.jpg
  • #9,446
  • Jul 8, 2014 7:26am Jul 8, 2014 7:26am
Quoting CockyAmoeba
Greetings All. Order flow and harmonic analysis from yesterday: Any advice on what i might be missing that I need to be mindful of on my next trade would be appreciated! All the best everyone {image}
Looks good. Hopefully you were able to get involved at your entry point. The only thing I would add is that there was some structure from June 22 and was retested on June 26 that lined up with your kill zone. There was one right below as well.

I agree with your entry area. With the strength of the one bar on the last swing looks like desperation selling then price decelerated. Price did try to continue but was rejected on the retest. This would of been a good entry

I added a chart. Its on the 1 H time frame to see the structure.

http://icmarkets.ctrader.com/images/screens/rTwwn.png
  • #9,447
  • Jul 8, 2014 7:34am Jul 8, 2014 7:34am
Quoting Mack2013
{quote} Looks good. Hopefully you were able to get involved at your entry point. The only thing I would add is that there was some structure from June 22 and was retested on June 26 that lined up with your kill zone. There was one right below as well. I agree with your entry area. With the strength of the one bar on the last swing looks like desperation selling then price decelerated. Price did try to continue but was rejected on the retest. This would of been a good entry I added a chart. Its on the 1 H time frame to see the structure......

Thanks Mack

Will remember to zoom out more next time to gain more perspective - currently trying to focus on reading depth, projection and momentum while lining it up with structure and fib exhaustion to define my expectation.
So far focusing on this has been less stressful than thinking about and drawing patterns....

Cheers - will post my analysis after that trade and for today a bit later.
  • #9,448
  • Jul 8, 2014 7:35am Jul 8, 2014 7:35am
structure EU
http://i1243.photobucket.com/albums/...ps94fbf242.jpg
  • #9,449
  • Jul 8, 2014 7:40am Jul 8, 2014 7:40am
Quoting GiovanniV
for the moment I do not see it decision by the bullish bearish. What do you think? {image}
Greetings Giovanni

My expectation is still lower until order flow proves otherwise - I expect the range 1.3585 ~ 1.3582 to be tested. Then again I might be completely off base but I am learning

Cheers
  • #9,450
  • Jul 8, 2014 8:30am Jul 8, 2014 8:30am
I've gotten some good pips this setup, we see convergence of ratios and ONE to ONE. Expectation, reach higher PRZ of 1TO1, and analyze order flow, strength and weakness, to go to 38%. if conditions are given.
Fundamental recognize dominant swing, swing principal, then search confluence of ratios and where there is confluence significant levels, it is more likely that the price reacts.
Add to, YH YL, open and pivots, to define the work area.
In short, read, study and apply what was said by Mr Pip.
Greetings.
Attached Image (click to enlarge)
Click to Enlarge Name: xauusdm30.png Size: 46 KB
  • #9,451
  • Jul 8, 2014 9:18am Jul 8, 2014 9:18am
Quoting pampaq
I've gotten some good pips this setup, we see convergence of ratios and ONE to ONE. Expectation, reach higher PRZ of 1TO1, and analyze order flow, strength and weakness, to go to 38%. if conditions are given. Fundamental recognize dominant swing, swing principal, then search confluence of ratios and where there is confluence significant levels, it is more likely that the price reacts. Add to, YH YL, open and pivots, to define the work area. In short, read, study and apply what was said by Mr Pip. Greetings. {image}

Very powerful and fast rejection from PRZ, reached all expectations.
regards
Attached Image (click to enlarge)
Click to Enlarge Name: xauusdm30 38%.png Size: 48 KB
  • #9,452
  • Jul 8, 2014 9:21am Jul 8, 2014 9:21am
ABCD 1m chart EU
Price in confluence S/R 1.3609 retest
Stopped at BE

After BO 13609 resistance my expectation was the retest
http://i1243.photobucket.com/albums/...psbc777358.jpg
  • #9,453
  • Jul 8, 2014 9:27am Jul 8, 2014 9:27am
Post-trade analysis:
the price after confirming the support with weakness on the part of sellers, buyers were presented with a outsiderbar but have not had the strength to continue until the news of the harmonic pattern.
http://i1243.photobucket.com/albums/...psfe8dc909.jpg
  • #9,454
  • Jul 8, 2014 9:34am Jul 8, 2014 9:34am
Quoting pampaq
{quote} Very powerful and fast rejection from PRZ, reached all expectations. regards {image}
Nice . that was pretty painless
  • #9,455
  • Jul 8, 2014 10:14am Jul 8, 2014 10:14am
Quoting Mack2013
{quote} Nice . that was pretty painless
Thanks, and we continue releases.
  • #9,456
  • Jul 8, 2014 10:34am Jul 8, 2014 10:34am
Quoting pampaq
{quote} Very powerful and fast rejection from PRZ, reached all expectations. regards {image}
In new analysis of strength and weakness, to validate a BC. see, greetings.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: xauusdm15 bc.png Size: 36 KB
Click to Enlarge Name: xauusdm5 fzaydebi.png Size: 31 KB
  • #9,457
  • Jul 8, 2014 10:57am Jul 8, 2014 10:57am
Quoting pampaq
{quote} In new analysis of strength and weakness, to validate a BC. see, greetings. {image} {image}
Expectation, a throwback to C, and complete pullback. To assess strengths and weaknesses and see where to enter.
regards
Attached Image (click to enlarge)
Click to Enlarge Name: xauusdm5cc.png Size: 33 KB
  • #9,458
  • Jul 8, 2014 11:19am Jul 8, 2014 11:19am
Quoting pampaq
{quote} Expectation, a throwback to C, and complete pullback. To assess strengths and weaknesses and see where to enter. regards {image}
We continue to monitor the mmtum, movement.
Attached Image (click to enlarge)
Click to Enlarge Name: xauusdm5seguimoscontrolandocc.png Size: 31 KB
  • #9,459
  • Jul 8, 2014 11:27am Jul 8, 2014 11:27am
Quoting pampaq
{quote} We continue to monitor the mmtum, movement. {image}
Entry for weak bearish until DPV. We will see, very carefully, for the great bassist mmtum the previous movement.
regards
Attached Image (click to enlarge)
Click to Enlarge Name: xauusdm5entrada.png Size: 34 KB
  • #9,460
  • Jul 8, 2014 11:31am Jul 8, 2014 11:31am
Quoting pampaq
{quote} Entry for weak bearish until DPV. We will see, very carefully, for the great bassist mmtum the previous movement. regards {image}
We will see, as it reacts in the pivot, as the entrance is risky, we adjust the SL, and the first sign of weakness, left.
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