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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

  • #18,961
  • Edited 2:47pm Apr 11, 2016 2:36pm | Edited 2:47pm
EURCHF M5

ABCD C Point aggressive sell,

Entered at 1.08823
SL at 1.08933
TP at 1.08610

Levels in chart...

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I follow only one person and his strategies...
  • #18,962
  • Apr 11, 2016 2:46pm Apr 11, 2016 2:46pm
NZDJPY M15,

ABCD C Point aggressive sell,

Entry at 74.010,
SL at 74.787,
TP at 72.113,

Attached Image (click to enlarge)
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I follow only one person and his strategies...
  • #18,963
  • Edited Apr 12, 2016 12:15am Apr 11, 2016 3:08pm | Edited Apr 12, 2016 12:15am
AUDCHF M15

ABCD COMPLETION SELL,

entry at 0.72481
SL at 0.72892
TP at 0.71947

Attached Image (click to enlarge)
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update,

SL hit, closed.

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I follow only one person and his strategies...
  • #18,964
  • Apr 11, 2016 3:23pm Apr 11, 2016 3:23pm
I picked a slower moving pair (USDJPY) and scalped the 1pip Renko charts this morning. Call me crazy, but I like it. I second guessed my self several times and took profit to soon, but it's nothing that can't be fixed. I just need to follow the flow LL LH HL HH and assess the swings. The most important.... 1 loss. Great for the psych!

+13 +2 -1 +2 +2 +9 +2 +2 +2 +10 +2 = 45
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  • #18,965
  • Apr 11, 2016 4:04pm Apr 11, 2016 4:04pm
USDCHF M5

ABCD aggressive C sell,

Attached Image (click to enlarge)
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I follow only one person and his strategies...
  • #18,966
  • Apr 11, 2016 4:39pm Apr 11, 2016 4:39pm
Quoting stavrogijn
{quote} Nice trade, jmezz. Shows the benefit of a wider stop. I would have been taken out and it would have been difficult to re-enter with that kind of price action.
Thank you stavro! I'm still trying to get my stop situation figured out. I don't like using a wide stop but figured with the recent volatility that I'd be better off using a wider stop.

However it wouldn't have been an issue had I just waited for the 61.8 zone like I usually do.
  • #18,967
  • Apr 11, 2016 5:02pm Apr 11, 2016 5:02pm
Hey all,

I've finally caught up on the reading. Still a bit fuzzy and I'm sure I'll have questions for Mr. Pip and others.
Anyways, I'm a longer term trader so here's a trade I took tonight on the Gbp/Usd 4H.
Expectation is a NSL. Took the trade off a price reversal at structure on the .618 fib.

Attached Image (click to enlarge)
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  • #18,968
  • Apr 11, 2016 6:08pm Apr 11, 2016 6:08pm
Eurcad m5

abcd completion buy

entry at 1.47276
sl at 1.46467
tp at 1.48331

Attached Image (click to enlarge)
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I follow only one person and his strategies...
  • #18,969
  • Apr 11, 2016 6:47pm Apr 11, 2016 6:47pm
What do you guys think of this trade? Made a new structure high on short term order flow
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  • #18,970
  • Apr 11, 2016 7:10pm Apr 11, 2016 7:10pm
Quoting Dotson
What do you guys think of this trade? Made a new structure high on short term order flow {image}

Welcome to FF Dotson. I'm new to this thread as well but I think I would have been looking for price to form a new HL near where your stoploss is. Some nice structure there and looks to be past the .382 fib.
  • #18,971
  • Apr 11, 2016 11:24pm Apr 11, 2016 11:24pm
Quoting spyderman
{quote} Welcome to FF Dotson. I'm new to this thread as well but I think I would have been looking for price to form a new HL near where your stoploss is. Some nice structure there and looks to be past the .382 fib.
bro that call was on point
  • #18,972
  • Apr 12, 2016 1:50am Apr 12, 2016 1:50am
EURUSD M15

ABCD AGRESSIVE C BUY,

Entry at 1.14172
SL at 1.13687
TP at 1.14704

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I follow only one person and his strategies...
  • #18,973
  • Apr 12, 2016 3:39am Apr 12, 2016 3:39am
Good morning traders.

EURUSD and Cable

Protected my trades and taken out at trailstops just before the nice moves. It is ok to . Irritating of course but I got some pips and my entries was taken risking only a few pips .
Has for now changed the tik size on cable to 89 ticks since with 144 ticks the bars often is 20 to 30 pips recently.
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Trading in the shadow of SM
  • #18,974
  • Edited 7:50am Apr 12, 2016 4:09am | Edited 7:50am
EURUSD 15
REACHED TP 1.1450

40PTS FOR TODAY

Expectation NSH
Waiting for retracement
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  • #18,975
  • Apr 12, 2016 6:33am Apr 12, 2016 6:33am
Quoting spyderman
{quote} Welcome to FF Dotson. I'm new to this thread as well but I think I would have been looking for price to form a new HL near where your stoploss is. Some nice structure there and looks to be past the .382 fib.

But then again what do I know.
Nice trade. Worked out a lot better than mine...congrats
  • #18,976
  • Apr 12, 2016 9:20am Apr 12, 2016 9:20am
My trades for the day.

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First trade was maybe premature with the bearish strength coming in and seeing how deep the correction was. But it was a good area in my mind and the bullish bars made me believe in a move up with expectation.

The other two trades seem almost like out of our rule-book in hindsight. I wanted to go short next opportunity, too, but I was distracted for just a minute and so I missed the last major move (super annoying). Done for the day.
  • #18,977
  • Apr 12, 2016 12:20pm Apr 12, 2016 12:20pm
EURUSD 15M

Expectation NSL
Entry bar n bar, 38.2 fib retracement,support resistance area
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  • #18,978
  • Edited 3:08pm Apr 12, 2016 2:53pm | Edited 3:08pm
today my trading on DOW was not nice. Had not a lot of time.

Hence, I rushed in a trade: -30points (I should have reacted faster to reduce the loss)
Second trade: +18 points (I trailed the SL too tight, since I did not want to end up with nothing and I had to stop trading). This was part of the big move up. I could have had much more .
  • #18,979
  • Apr 12, 2016 3:33pm Apr 12, 2016 3:33pm
The deal between Saudi Arabia, Russia to Freeze Oil Output Near Record Levels helped pushed the markets higher today. This news took many traders by surprise.

http://www.bloomberg.com/news/articles/2016-02-16/saudi-arabia-and-russia-agree-oil-output-freeze-in-qatar-talks
  • #18,980
  • Apr 12, 2016 5:34pm Apr 12, 2016 5:34pm
Today was a ... well... decent day, I suppose. :-) I took 9 trades. 7 were break even trades and 2 were winners. Overall, I made right around 27 pips.
Markets can remain irrational longer than you can remain solvent - JMK
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