Ratios & Harmonics: a Different Way to Trade | Page 794 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

"Ratios & Harmonics: a Different Way to Trade." Summary 37 replies

Learning to trade with harmonics 11 replies

Time for Change - Pivots & Harmonics to freedom 67 replies

180 reasons to trade Harmonics and Patterns 13 replies

Group Trading based on Elliott wave and Harmonics 0 replies

Attachments: Ratios & Harmonics: a Different Way to Trade
Exit Attachments

Ratios & Harmonics: a Different Way to Trade

  • #15,861
  • Feb 3, 2016 4:56am Feb 3, 2016 4:56am
Quoting mci
{quote} Yeah, there is lots of structure in the LH and NSH area, even on the 29th of January, so price has difficulty to break that point in the upwards direction. The bulls seem to get weaker, so I think we will see a NSL. {image}
I expect a new HH and a new NSH
  • #15,862
  • Feb 3, 2016 5:22am Feb 3, 2016 5:22am
Quoting mci
{quote} Yeah, there is lots of structure in the LH and NSH area, even on the 29th of January, so price has difficulty to break that point in the upwards direction. The bulls seem to get weaker, so I think we will see a NSL. {image}
I'm not so sure about that. But this is definitely good practice. it's such a good exercise to try to read market live and have an expectation as to where it may go.
Attached Image (click to enlarge)
Click to Enlarge Name: 6E 03-16 (233 Tick) 03_02_2016.jpg Size: 119 KB
  • #15,863
  • Feb 3, 2016 5:24am Feb 3, 2016 5:24am
Quoting ujku80
{quote} I'm not so sure about that. But this is definitely good practice. it's such a good exercise to try to read market live and have an expectation as to where it may go. {image}
I think that the next lessons will give you a revealing Aha moment.
  • #15,864
  • Feb 3, 2016 5:27am Feb 3, 2016 5:27am
Quoting c49
{quote} I think that the next lessons will give you a revealing Aha moment.
  • #15,865
  • Feb 3, 2016 5:34am Feb 3, 2016 5:34am
Actually I expect A NSH and i think it willfail
Attached Image (click to enlarge)
Click to Enlarge Name: Eur 15m 3feb16.png Size: 64 KB
  • #15,866
  • Feb 3, 2016 6:57am Feb 3, 2016 6:57am
Here's how I would label the EUR chart.
I also agree that the next expectation of a NSL will fail.
I think Mr Pip said there is no HH.
Attached Image (click to enlarge)
Click to Enlarge Name: 6E 2 3.png Size: 69 KB
Barry
  • #15,867
  • Feb 3, 2016 7:07am Feb 3, 2016 7:07am
Practicing, practicing..... also making some entries
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 46 KB
  • #15,868
  • Feb 3, 2016 7:09am Feb 3, 2016 7:09am
Quoting c49
Actually I expect A NSH and i think it willfail {image}
That's part 1 already. Now for the second prediction

1.0950 looks good to me.
1.0960 was previous NSH.
  • #15,869
  • Feb 3, 2016 7:10am Feb 3, 2016 7:10am
Quoting Bary
Here's how I would label the EUR chart. I also agree that the next expectation of a NSL will fail. I think Mr Pip said there is no HH. {image}
I agree. You are very reasonable and logical.
  • #15,870
  • Feb 3, 2016 7:11am Feb 3, 2016 7:11am
Quoting tibovwh
{quote} That's part 1 already. Now for the second prediction
Hmm... I don't have a close of the candle for a NSH yet. But 5 mins to go.
  • #15,871
  • Feb 3, 2016 7:15am Feb 3, 2016 7:15am
Quoting mci
{quote} Hmm... I don't have a close of the candle for a NSH yet. But 5 mins to go.
We closed above previous swing high which was a LH , right? I believe that was the level to watch? Or did it need to close above previous NSH for a new NSH?

But I agree, very marginal perhaps

Best,
Attached Image (click to enlarge)
Click to Enlarge Name: Schermafdruk 2016-02-03 14.15.02.png Size: 27 KB
  • #15,872
  • Feb 3, 2016 7:21am Feb 3, 2016 7:21am
Quoting tibovwh
{quote} We closed above previous swing high which was a LH , right? I believe that was the level to watch? Or did it need to close above previous NSH for a new NSH? But I agree, very marginal perhaps Best, {image}
My bad, yes of course, you are right.
  • #15,873
  • Feb 3, 2016 7:34am Feb 3, 2016 7:34am
Possible expectations.
Last marked HL should have dropped further to a NSL but bulls held.
Attached Image (click to enlarge)
Click to Enlarge Name: EUm15 020316c.png Size: 24 KB
  • #15,874
  • Feb 3, 2016 7:43am Feb 3, 2016 7:43am
Quoting AlexC
Possible expectations. Last marked HL should have dropped further to a NSL but bulls held. {image}
IMO little deep correction, may by 38% would be enough?
  • #15,875
  • Feb 3, 2016 8:01am Feb 3, 2016 8:01am
Hello Traders,

Sorry had to take daughter to school. I will be back after my session today and I will catch up and also be making a video on how to identify trading opportunities around structure analysis. I have been reading some of the post and I have seen many Aha moments specially recently using short term and longer term expectations. I am loving the interaction and how you all are developing. Great stuff. Catch you all later.
If you fail to plan, you plan to fail.
  • #15,876
  • Feb 3, 2016 8:24am Feb 3, 2016 8:24am
Quoting Mdu
{quote} One day you will be grateful for the answer you just received from devontrader. Start the process from the beginning not short cuts and you will win. My recommendation for you is to start this thread from the beginning and you will find some valuable insight as you go. If you have trouble with drawing on MT4 just let me know. I'll help.

Man, i have using harmonic patterns a 2 years, i need some way to analyzing more fast, especially the cross pair like gbp/jpy, because gbp/usd and usd/jpy moving much of the time in opposite side.
  • #15,877
  • Feb 3, 2016 8:27am Feb 3, 2016 8:27am
Wow , just back after a game of tennis,
Looks like a lot of dollarlongpositions are offloaded.
Resistance Euro at the Round Number 1.1000 ?? or rather the zone 1.0980 -1.1000 ??
  • #15,878
  • Feb 3, 2016 8:34am Feb 3, 2016 8:34am
So expectation now on Euro after the NSH a HL and then a stab at 1.1000 and a NSH .
Lets see how it goes
Attached Image (click to enlarge)
Click to Enlarge Name: Eur 15m 3feb16 2.png Size: 49 KB
  • #15,879
  • Feb 3, 2016 8:37am Feb 3, 2016 8:37am
Quoting c49
Wow , just back after a game of tennis, Looks like a lot of dollarlongpositions are offloaded. Resistance Euro at the Round Number 1.1000 ?? or rather the zone 1.0980 -1.1000 ??
yeah, I don't think market is finished going north. more swings high are still to come. but for now, banks want to push the price down just to make it seems that the move was over and have guys jump selling. we'll see. but the zone where price is right is very important. look at 1h chart to see how price reacted to that. and if price is going to break this, my guess is it will be explosive. there is a news coming at 4 pm now, so...
  • #15,880
  • Feb 3, 2016 8:52am Feb 3, 2016 8:52am
no post
106 traders viewing now