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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

  • #10,081
  • Aug 6, 2014 7:05pm Aug 6, 2014 7:05pm
Quoting TheScorpS
GJ _ H1 short, aggressive C sell zone, took it on H1 and followed it on H4 and it hits TP at the end + 100 Typical ABCD completion taking it at 61.8 and taking profit at 127.2 completion zone {image}
great regards
  • #10,082
  • Aug 6, 2014 9:50pm Aug 6, 2014 9:50pm
Quoting chotabheem
{quote} OMG, that was a move from 173.49 to 171.6, awesome.
Thanks , appreciate it. almost was going back home to close the trade, if I arrived before the last push down, I would have done so

Luck was on my side too

Thanks pampag, I also took another +48 pips on Gold long , but dont know how to post chart from Ninja trader with the trade on it
I Have Learned to Take Some Losses to Make Profits
  • #10,083
  • Edited 2:27am Aug 7, 2014 12:35am | Edited 2:27am
Quoting chotabheem
GBPUSD M1, ABCD Late short entry at 1.68470
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd1.png Size: 35 KB
with the short already, found more evidence for a possible move downside, an aggressive CD leg of an abcd,

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd2.png Size: 28 KB


Update :-

final TP of 61.8% of the smaller bearish completed abcd reached.

Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 20 KB


still observing the formation of the CD leg of the bigger bullish ABCD in the making.
I follow only one person and his strategies...
  • #10,084
  • Aug 7, 2014 1:18am Aug 7, 2014 1:18am
Gold H1, Sell !
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.png Size: 56 KB
God above all !!!
  • #10,085
  • Aug 7, 2014 1:27am Aug 7, 2014 1:27am
Hello traders,

EUUS 2 hour. my current view and strategy. anticipate the lows to be tested at 1.33400 for my entry if support fail then I anticipate downside to about 1.3200. lets see how the day goes.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD2H7AUG.png Size: 46 KB
choose a job you love and you will never have to work a day in your life
  • #10,086
  • Aug 7, 2014 3:58am Aug 7, 2014 3:58am
GBPNZD M5

ab=cd (38.2%) aggressive C short. (noted in Black line segments)
short entered at 1.98975.

Attached Image (click to enlarge)
Click to Enlarge Name: gbpnzd.PNG Size: 36 KB


(am also observing a legit ABCD in the making, and a long at the agro C but still I guess the short in ab=cd (38.2%) should hold). (noted in orange line segments)
I follow only one person and his strategies...
  • #10,087
  • Aug 7, 2014 5:33am Aug 7, 2014 5:33am
another half hour for the news events to kick in, as far as GBPNZD and GBPCHF, stoplosses are tightly in place. Ready for swings.
I follow only one person and his strategies...
  • #10,088
  • Aug 7, 2014 8:02am Aug 7, 2014 8:02am
Quoting chotabheem
ABCD, aggressive C sell below 1.53253 which is the previous HL in M1,

Attached Image (click to enlarge)
Click to Enlarge Name: gbpchf1.png Size: 20 KB


Update :- GBPCHF M1 ABCD 50% of CD leg is achieved, SL adjusted to BE
Attached Image (click to enlarge)
Click to Enlarge Name: gbpchf2.png Size: 32 KB
update 2 on the GBPCHF M5 abcd call :-

abcd aggressive C short, completed 100% of the CD leg. (entered at 1.53320 and closed at 1.52800).

Attached Image (click to enlarge)
Click to Enlarge Name: gbpchf3.PNG Size: 28 KB
I follow only one person and his strategies...
  • #10,089
  • Aug 7, 2014 9:28am Aug 7, 2014 9:28am
Quoting TheScorpS
{quote} Thanks , appreciate it. almost was going back home to close the trade, if I arrived before the last push down, I would have done so Luck was on my side too Thanks pampag, I also took another +48 pips on Gold long , but dont know how to post chart from Ninja trader with the trade on it
On your chart go to data series and scroll to the bottom, your last option is to plot executions. You have a couple of options there to choose from.
If you fail to plan, you plan to fail.
  • #10,090
  • Aug 7, 2014 9:37am Aug 7, 2014 9:37am
I believe you all are starting to see the power of the ABCD or AB=CD. This is also the foundation of the other advance patterns. If you master this and nothing else will need to be traded.
Attached Image (click to enlarge)
Click to Enlarge Name: $GBPUSD (144 Tick) 8_7_2014.jpg Size: 119 KB
If you fail to plan, you plan to fail.
  • #10,091
  • Aug 7, 2014 9:48am Aug 7, 2014 9:48am
This is simple clean and straight forward without the complications of anything else. This happens over and over and over so keep things simple and take what the market has to offer.

You don't need tick charts or anything else. It's true I do prefer the tick charts as in my opinion it give me the best entrances based on my skill set but at the end of the day even though great timing on your entrances is very important what counts more is to remain profitable and this does that like nothing else!
If you fail to plan, you plan to fail.
  • #10,092
  • Aug 7, 2014 10:03am Aug 7, 2014 10:03am
Quoting Mr. Pip
This is simple clean and straight forward without the complications of anything else. This happens over and over and over so keep things simple and take what the market has to offer. You don't need tick charts or anything else. It's true I do prefer the tick charts as in my opinion it give me the best entrances based on my skill set but at the end of the day even though great timing on your entrances is very important what counts more is to remain profitable and this does that like nothing else!

I fully agree with what you say
  • #10,093
  • Aug 7, 2014 10:14am Aug 7, 2014 10:14am
Quoting Mr. Pip
This is simple clean and straight forward without the complications of anything else. This happens over and over and over so keep things simple and take what the market has to offer. You don't need tick charts or anything else. It's true I do prefer the tick charts as in my opinion it give me the best entrances based on my skill set but at the end of the day even though great timing on your entrances is very important what counts more is to remain profitable and this does that like nothing else!
It is great stuff, totally agree Mr. Pip.
I follow only one person and his strategies...
  • #10,094
  • Aug 7, 2014 10:15am Aug 7, 2014 10:15am
Hi Damien,

Assuming you took a short there - what made you take it ? Reason for asking is that I´m not sure as to what way price may go yet - as it
is still in the 2 zones. I know i´m on a higher timeframe chart.

Or have I drawn the zones incorrect ?

Thanks for any feedback.

Hans
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 60 KB
"The future is already written in the past"
  • #10,095
  • Aug 7, 2014 10:34am Aug 7, 2014 10:34am
Quoting hansma
Hi Damien, Assuming you took a short there - what made you take it ? Reason for asking is that I´m not sure as to what way price may go yet - as it is still in the 2 zones. I know i´m on a higher timeframe chart. Or have I drawn the zones incorrect ? Thanks for any feedback. Hans {image}
On the TF you are looking at this is the current pattern that is in play. Order flow is breaking down for the bears but until a NSH is formed above 1.6883 bearish order flow remains intact. So high probability trades remain on the short side of things. As such I am looking for ABCD or 1:1 to the short side and understanding that the bears are showing some weakness I will show some aggression in the management of any trade to the short side.
Attached Image (click to enlarge)
Click to Enlarge Name: $GBPUSD (60 Min) 8_7_2014.jpg Size: 106 KB
If you fail to plan, you plan to fail.
  • #10,096
  • Aug 7, 2014 10:36am Aug 7, 2014 10:36am
Current short Cable
Attached Image (click to enlarge)
Click to Enlarge Name: $GBPUSD (144 Tick) 8_7_2014.jpg Size: 122 KB
If you fail to plan, you plan to fail.
  • #10,097
  • Aug 7, 2014 10:38am Aug 7, 2014 10:38am
Hello D

Nice to see you back. I was looking at that cable chart too. but I was waiting for it to pull it the grey zone, then shorting from there. At structure with the 50 level above too. And cable has been bearish.
Attached Image (click to enlarge)
Click to Enlarge Name: cable.PNG Size: 115 KB
  • #10,098
  • Aug 7, 2014 10:40am Aug 7, 2014 10:40am
Quoting Mr. Pip
{quote} On the TF you are looking at this is the current pattern that is in play. Order flow is breaking down for the bears but until a NSH is formed above 1.6883 bearish order flow remains intact. So high probability trades remain on the short side of things. As such I am looking for ABCD or 1:1 to the short side and understanding that the bears are showing some weakness I will show some aggression in the management of any trade to the short side. {image}
Thanks my friend - Truly appreciated.

Hans
"The future is already written in the past"
  • #10,099
  • Aug 7, 2014 10:44am Aug 7, 2014 10:44am
Quoting Mr. Pip
{quote} On your chart go to data series and scroll to the bottom, your last option is to plot executions. You have a couple of options there to choose from.
Thanks a lot for you help Mr.Pip, will try that and see
I Have Learned to Take Some Losses to Make Profits
  • #10,100
  • Aug 7, 2014 10:48am Aug 7, 2014 10:48am
Quoting Mr. Pip
Current short Cable {image}
Seems like our analysis was the same.Aj1
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