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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

  • #9,901
  • Jul 24, 2014 12:40pm Jul 24, 2014 12:40pm
Quoting TheScorpS
{quote} Okay keep me in, which thread? I like to learn about Supply and Demand Oh wow, I remember , this pattern if you look deeply at London opening hours, I meant the firs 3 or so hours after LO open, if Asian with LO first hours completed an ABCD , then this Supply zone will often get broken , retested with 61.8 fibs and followed by continuation Look up this chart, is it the same? This pattern often prints at LO, you can have a complete story and I do trade that pattern but always scared to take it since I just newly learnt about it from...

Is this what you mean ? Just trying to understand you....

Thanks

Hans
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"The future is already written in the past"
  • #9,902
  • Jul 24, 2014 1:28pm Jul 24, 2014 1:28pm
Quoting TheScorpS
{quote} Can you explain a bit about how you determine those numbers about Risk/Reward? Thanks

  1. ENTRY 1.56712 (below current structure in M5), and only if it is taken out we have a short.
  2. TP2 61.8% AD of 1.55253
  3. TP1 38.2% AD of 1.55967
  4. SL 161.8% AB of 1.57603
  5. RR -0.00891/0.01459

RR = (EP - SL) / (EP - TP2)
RR = (1.56712-1.57603)/(1.56712-1.55253)

Everything here is approximate as we have the spread eating into our entry directly.

I follow only one person and his strategies...
  • #9,903
  • Jul 24, 2014 4:27pm Jul 24, 2014 4:27pm
Quoting hansma
{quote} Is this what you mean ? Just trying to understand you.... Thanks Hans {image}
yes exactly its, if you go down on m15 and m5 it would be even clearer

in this case it didn't retrace to 61.8 but to 38.2, but most of the time I see it retrace back to 61.8 , sometime I moved my stop to BE , retrace and takes me out and then continue from 61.8
I Have Learned to Take Some Losses to Make Profits
  • #9,904
  • Jul 24, 2014 4:29pm Jul 24, 2014 4:29pm
Quoting chotabheem
{quote} ENTRY 1.56712 (below current structure in M5), and only if it is taken out we have a short. TP2 61.8% AD of 1.55253 TP1 38.2% AD of 1.55967 SL 161.8% AB of 1.57603 RR -0.00891/0.01459 RR = (EP - SL) / (EP - TP2) RR = (1.56712-1.57603)/(1.56712-1.55253) Everything here is approximate as we have the spread eating into our entry directly.
Thanks a lot for your help, lets get down to business , will try to incorporate this way before entering a trade
I Have Learned to Take Some Losses to Make Profits
  • #9,905
  • Jul 25, 2014 12:46am Jul 25, 2014 12:46am
Quoting chotabheem
AUDJPY M5 We have an AB=CD (orange) with a 38.2% retracement and the second one on the CD leg of the 1st AB=CD is also comprising of an AB=CD (yellow) with a 50% retracement and both of them heading for a completion at the 95.85 levels, running into the structure from the H1.
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AUDJPY M5/M15

  1. AB=CD(38.2%) BLUE
  2. AB=CD(50%) RED
  3. ABCD BLACK

  1. I saw the price taking the supply zone seriously thrice in the M5. Am short at 95.773.
  2. The price has formed another demand zone and the is struggling to get past the structure.
  3. If it did get past the structure, I am expecting an obedience to the ab=cds we have been observing in this pair.


Levels :-

My entry is at 95.773(I screwed up with the entry), (completion for ab=cd at 95.844)
SL at half of Reward which is at 96.303.
TP2 at 61.8% AD
TP1 at 38.2% AD 95.278
RR at -0.530/0.844

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I follow only one person and his strategies...
  • #9,906
  • Jul 25, 2014 7:32am Jul 25, 2014 7:32am
Hi ALL trader,

Hey Fine I watching AUDUSD
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  • #9,907
  • Jul 25, 2014 7:49am Jul 25, 2014 7:49am
audcad

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  • #9,908
  • Jul 25, 2014 9:18am Jul 25, 2014 9:18am
AUDCHF M1, just observing an ABCD

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I follow only one person and his strategies...
  • #9,909
  • Jul 25, 2014 9:54am Jul 25, 2014 9:54am
Awaiting some movement on this pair, entry, cause, ONE TO ONE, SZ, AB in 1H, waiting to be C.
regards
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  • #9,910
  • Jul 25, 2014 10:06am Jul 25, 2014 10:06am
Control in gold, resistance zone, doing full pullback, if weak D, likely bounce lower.
If it accelerates, would likely break up, when manifest weakness would be the trigger.
greetings, with caution being Friday.
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  • #9,911
  • Jul 25, 2014 10:08am Jul 25, 2014 10:08am
EURAUD
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THERE IS NO SYSTEM
  • #9,912
  • Jul 25, 2014 10:11am Jul 25, 2014 10:11am
Quoting chotabheem
AUDCHF M1, just observing an ABCD {image}
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THERE IS NO SYSTEM
  • #9,913
  • Jul 25, 2014 11:19am Jul 25, 2014 11:19am
Quoting pampaq
Control in gold, resistance zone, doing full pullback, if weak D, likely bounce lower. If it accelerates, would likely break up, when manifest weakness would be the trigger. greetings, with caution being Friday. {image}
Late entry, maintain position by weak retracement, I see this in resistance zone.
Expectation of rupture, greetings, not to break, before 1400 hours, close position, greetings,
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  • #9,914
  • Jul 25, 2014 11:46am Jul 25, 2014 11:46am
Quoting pampaq
Awaiting some movement on this pair, entry, cause, ONE TO ONE, SZ, AB in 1H, waiting to be C. regards {image} {image}
I decided to hold position and not out on 38%.
Waiting to go to 61%.
We'll see, greetings.
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  • #9,915
  • Jul 25, 2014 11:52am Jul 25, 2014 11:52am
Quoting samansadeghi
{quote} {image}
The thing made a HL sorta. Waiting still.
I follow only one person and his strategies...
  • #9,916
  • Jul 25, 2014 11:53am Jul 25, 2014 11:53am
Quoting pampaq
{quote} I decided to hold position and not out on 38%. Waiting to go to 61%. We'll see, greetings. {image}
Awesome.
I follow only one person and his strategies...
  • #9,917
  • Jul 25, 2014 12:20pm Jul 25, 2014 12:20pm
Quoting pampaq
{quote} Late entry, maintain position by weak retracement, I see this in resistance zone. Expectation of rupture, greetings, not to break, before 1400 hours, close position, greetings, {image}
Paid off, despite my bad entry, it was possible to get 29 + pips, Greetings, I close position R1.
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  • #9,918
  • Jul 25, 2014 12:43pm Jul 25, 2014 12:43pm
Quoting chotabheem
{quote} Awesome.
Hey, it's Friday, and I must close the operation,
is a pair, I operate for the first time and did not want to have it open on the weekend. +6
regards,
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  • #9,919
  • Edited 1:02pm Jul 25, 2014 12:46pm | Edited 1:02pm
Quoting pampaq
{quote} Hey, it's Friday, and I must close the operation, is a pair, I operate for the first time and did not want to have it open on the weekend. +6 regards, {image}
an hour and so more, (2.15 hrs by the book,) may be I should wait? am in on this at 1.98454,

Okay, will wait for a proper exit before the close then.
I follow only one person and his strategies...
  • #9,920
  • Jul 25, 2014 1:17pm Jul 25, 2014 1:17pm
Quoting chotabheem
AUDCHF M1, just observing an ABCD
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{image}
Got in on a short at 0.85105 and got out at 0.85006,(around TP2)

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I follow only one person and his strategies...
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