1.11890 (FUTURES) ---lets see! (thats where price WILL go)
Ratios & Harmonics: a Different Way to Trade
- #19,146
- Apr 22, 2016 2:16pm Apr 22, 2016 2:16pm
- Joined Apr 2006 | Status: Metatrader Programmer | 1,422 Posts
Eurusd 15m expectation nsl locked in +50pts, happy weekend everyonetake care goodnight! {image}
- #19,151
- Edited 5:30am Apr 23, 2016 5:17am | Edited 5:30am
- Joined Sep 2013 | Status: OTM AI IntelliWave™ Trader | 1,107 Posts
Why not take these obvious no brainer trades? {image}
When it line up with confluence with fib level and s/r that is exactly the ones we try to take. But we take entry after the candle close in the direction of the trade so we will not come in at the top of any of this levels. It is very easy to see where entries should have been taken in history, unfortunately a little bit more difficult in real time when the candles are not formed yet
. Before each turn if you zoom in at level in history there is mostly something that could have been the turn to before it actually turned.
Trading in the shadow of SM
- #19,155
- Apr 23, 2016 1:26pm Apr 23, 2016 1:26pm
- | Joined Dec 2013 | Status: Trader | 1,118 Posts
{quote} This was an excellent trade man, you took a huge chunk of that leg! I'm not sure that you entered too early as that was the first back test of that breakdown level and was also the completion of a 1:1. Plus you had that nice engulfing bar, although it was a fairly large range for that bar. If you think you entered early, where would you have preferred to enter?
The problem with waiting sometimes is that price sometimes doesn't do what is expected and moves without you so maybe it was a good entry. Its hard to say. Maybe even look at a entry that limited my risk after my decision was made could of been the right call but you just never know
- #19,158
- Apr 24, 2016 8:51pm Apr 24, 2016 8:51pm
- Joined Nov 2010 | Status: Snaggin' Some Pips | 2,159 Posts
Hey everyone. I'm a higher TF trader so thought I'd try Mr. Pip's methods on the 4H.
Here's a couple I entered tonight.
First is the UsdJpy. Looking for a NSL. Took the short of the 707 fib and targeting the 127 extension.
Then on the GbpAud also expectation of an NSL. This time I took the short of the 886 fib with similar target.
Here's a couple I entered tonight.
First is the UsdJpy. Looking for a NSL. Took the short of the 707 fib and targeting the 127 extension.
Then on the GbpAud also expectation of an NSL. This time I took the short of the 886 fib with similar target.
Eurusd 15m
good monday everyone
expectation nsl
waiting for retracement
entry @ fib level, bar by bar analysis, structure area
Eurusd 15m
expectation nsl
waiting for a deeper correction @ 618 or 786
prrvious strong support area
good monday everyone
expectation nsl
waiting for retracement
entry @ fib level, bar by bar analysis, structure area
Eurusd 15m
expectation nsl
waiting for a deeper correction @ 618 or 786
prrvious strong support area
