DislikedHello guys. I'm currently short on EU. Will check price action on each my targets to see if it merits closing the trade. UPDATE: Now at BE+5. {image}Ignored
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Ratios & Harmonics: a Different Way to Trade
- #11,185
- Nov 27, 2014 1:27pm Nov 27, 2014 1:27pm
{quote} I'd want to see a bit more confluence going into your prz smaller abcds for example , you have res just above that low too in your zone too , they act like a magnet to price .. also your target has some real thick structure to get through, just a few things to be aware of .... {image}
Thanks for the info, any advice always appreciated, could i ask what charting package you use as i've never seen that much chart info on one screen lol, i only have half that much data and price is crunched up as far as it will go, cheers,
heres an update on trade,
price broke through the prz, but stalled at the 61.8 instead, there's currently a DT with bearish divergence, so hopefully price can still reach the modified 1:1 price target.
- #11,193
- Nov 28, 2014 2:38pm Nov 28, 2014 2:38pm
So near yet so far.
This might be a good example of why trade management is so important.
Setting trades to trigger automatically and never seeing them is less stressful, however,
even if i hadn't got stopped out almost immediately would have just got back to find i would have been stopped having almost hit TP earlier in the day.
only for pennies, so no big deal, but the manner of defeat is frustrating.
This might be a good example of why trade management is so important.
Setting trades to trigger automatically and never seeing them is less stressful, however,
even if i hadn't got stopped out almost immediately would have just got back to find i would have been stopped having almost hit TP earlier in the day.
only for pennies, so no big deal, but the manner of defeat is frustrating.
- #11,197
- Nov 28, 2014 7:11pm Nov 28, 2014 7:11pm
- | Membership Revoked | Joined Jul 2010 | 9,273 Posts
If you fail to plan, you plan to fail.
- #11,198
- Nov 28, 2014 8:51pm Nov 28, 2014 8:51pm
hi Mr Pip, seeing a live trade would be fantastic
just my opinion but i'm thinking the london/new york overlap tends to give most volatility in terms of abcd's/gartleys, so we would be more likely to see some decent movement in the market. any time in december is good for me.
As for the agenda, just seeing all the elements come together, 1:1's, momentum, projection, rotation, bar by bar, etc would be excellent.
and just as a side note, personally i'm not bothered how the trade turns out (win,lose or draw) as much as i am in the process, to hear your thoughts on why you decide to approach a certain trade, watch live how you manage the trade and hear the reasons as to why you exited.
good stuff mr pip, looking forward to it already
just my opinion but i'm thinking the london/new york overlap tends to give most volatility in terms of abcd's/gartleys, so we would be more likely to see some decent movement in the market. any time in december is good for me.
As for the agenda, just seeing all the elements come together, 1:1's, momentum, projection, rotation, bar by bar, etc would be excellent.
and just as a side note, personally i'm not bothered how the trade turns out (win,lose or draw) as much as i am in the process, to hear your thoughts on why you decide to approach a certain trade, watch live how you manage the trade and hear the reasons as to why you exited.
good stuff mr pip, looking forward to it already