Ratios & Harmonics: a Different Way to Trade

thankyou.mr p

PRZ expectation, hope, a clear pattern of sales, to search for 38%. The mmtum is clearly bullish, so we must have clear signals to go short. regards

Mr pips could youdo a quick explain of the sections in the spreadsheet.
sr money fr money?

Sure the sr stands for smooth ratio formula which is more aggressive and fr is for fixed ratio which is less aggressive but still very powerful.

So delta is the amount I need to earn before I add units (assuming my equity is greater than minimum amount)?

Then take advantage of the decline to 61% of 1to1, we are now seeking to complete 1 hour But, see, Greetings

Trying for an aggressive C sell. Might of been more aggressive but if I read the PA correctly it might of been risky otherwise, am interested if I read that right or if anyone can comment otherwise, thanks.
(My stop is a little aggressive too)
My tick chart doesn't show trades cos it's offline. Green dotted is the sell.

I think it could potentially be a Gartley pattern if PA swings at the second lower box.
It's a bit of a messy chart

PA close below the 78.6 fib but then bounced off the .8200 level. I closed out with +17 and re-entered long. Not entirely sure on the Gartley but perhaps on another tf is would be a legitimate setup with just tails below the 78.6 fib.

I think I maybe getting my PRZ on point D incorrect. I jumped out of my trade at B.E.

I'm starting to feel like spam but I think I have the levels right now, with the 127 fib extension of AB and also it hits the 78.6 fib of XA nicely

Just keeping the thread busy for the "morning" readers
Further confluence (purple TL's) AB=CD.

We had to defend a position slightly, but were met, both 1to1 tp to 61%, as the placed last night, in this +83 pips

PRZ triggered 10 pips higher than expected at the previous bottom for double bottom. Looked good though even on the zoomed out charts. Next trade.

We hope reaction at the confluence of the Bat 88% of XA and 1to1.
We'll see if it leaves a bearish candlestick pattern, to enter the 38% and 61% of the movement of the last 1to1.
Greetings.

Not really trading today, I don't trade on holidays like this when the banks are closed. But hanging out to address questions or to cover any topics so shoot.

I wasn't expecting very much from the market today, given the aftermath of the SNB incident last week plus today being a US bank holiday.

Nevertheless, a couple of nice trades showed up on EURUSD based around a 'line in the sand' created by the 1.1600 level and 38 fib.

The first was a straightforward short (+17 pips) which was in line with order flow and based on the premise that the 1.1600 breakout would fail.

After the breakout, price hit a wall at structure, 50% fib and 127AB=CD. Price moved back to retest 1.1600 but then only managed to make a LH. This failure to follow through with the breakout triggered the short.

Exit was taken at structure plus 50% fib of the larger swing.



The second trade was slightly more complicated. After the previous breakout failure, the bears should have been able to drive price lower. However, they failed to do so. Instead, the bulls increased momentum and depth making a HH then holding at the previous low. This triggered a long (+32 pips) with an anticipation of another breakout. Price did breakout and pause at structure / AB=CD.

At this pause, an exit was on the cards. However, given the breakdown in bearish strength, the trade was locked into profit at the previous HL instead. The bias was a breakout continuation.

The bears unexpectedly broke back through the 1.1600 and 38% fib which was not a good sign. It was critical that the 127AB=CD held or the stop would be hit.

A very strong bullish candle pushed price back through the 1.1600 and made a HH. The subsequent bearish reaction showed distinct deceleration, suggesting that the 1.1600 would continue to hold, which it did.

TP taken at completion of AB=CD.



Again, my apologies if I'm introducing any concepts outside the scope of the thread. Happy to remove / edit if required.

Not at all great trades and run through! Thanks for posting.

Hi,
just one small notice for those who would like to trade tick chart on MT4! with optional number of tick bars (1; 2; 50; 133; 233) there is available solution with following instruction:

1.) Open a M1 chart
2.) Attach the TickChart.LogTickData indicator to the chart
3.) WAIT for the first few ticks (the indicator draws a red line)
4.) Attach the TickChart.PostTickData indicator to the chart and choose your own preferred ticks per bar on the inputs-tab, (15 if you
wish a 15-tick bar chart) but 33 - 133 - 233 are more random tick charts and the 133 is the one i use most
5.) Open the offline chart (file - open offline) !T-SYMBOL M(TicksInBar) - TicksInBar is the parameter of the PostTickData indicator, SYMBOL: chart pair
6.) DO NOT CLOSE the M1 chart containing the both indicators

and wait to collect more tick bars on your offline chart
thanks to fxdaytrader for this tool
regards

Entrance, quite delayed, profit taking and sl, he should break even the pivot reference to confirm change of trend in this TF.
We'll see, Greetings