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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

  • #19,401
  • May 10, 2016 2:08am May 10, 2016 2:08am
Quoting DizzleFX
{quote} Bring up "Data Series" and scroll down to the bottom were it says, "Plot executions". Hopefully that helps.
That helped nicely . Thank you!
  • #19,402
  • May 10, 2016 2:21am May 10, 2016 2:21am
Good morning ! Fresh trades from today !!!

AU M3 Exp -NSH, TP +27 points

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UC M3 Exp -NSL, TP +34 points

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Even though I walk through the darkest valley, I will fear no evil
  • #19,403
  • May 10, 2016 4:02am May 10, 2016 4:02am
Really fast trade EU M3 exp - NSL, +15 points
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Even though I walk through the darkest valley, I will fear no evil
  • #19,404
  • May 10, 2016 4:57am May 10, 2016 4:57am
Quoting monocor
Really fast trade EU M3 exp - NSL, +15 points {image}
Congrats. Fast & painless setup
  • #19,405
  • May 10, 2016 5:25am May 10, 2016 5:25am
YM this morning

LTF bullish but ON session 99% net long so on fade watch
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  • #19,406
  • May 10, 2016 5:26am May 10, 2016 5:26am
Quoting monocor
Good morning ! Fresh trades from today !!! AU M3 Exp -NSH, TP +27 points {image} UC M3 Exp -NSL, TP +34 points {image}
Quoting monocor
Really fast trade EU M3 exp - NSL, +15 points {image}
Awesome trades man. Doesn't look like you took any heat on either of these trades.
  • #19,407
  • May 10, 2016 6:38am May 10, 2016 6:38am
entered long based on the 30m chart. +30 already. moved to BE.

I'll go to lower time frame to manage trade.

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  • #19,408
  • May 10, 2016 6:39am May 10, 2016 6:39am
YM

18pt long off structure rotation
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  • #19,409
  • Edited 7:01am May 10, 2016 6:48am | Edited 7:01am
following tick by tick the 38.2 fib on 2m
+ 31 locked
edit : closed before the news for +65
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  • #19,410
  • May 10, 2016 7:51am May 10, 2016 7:51am
YM - 1 win and 1 b/e1 for 19pts
ES - 1 win for 3.75pts
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  • #19,411
  • May 10, 2016 8:04am May 10, 2016 8:04am
Quoting as002
following tick by tick the 38.2 fib on 2m + 31 locked edit : closed before the news for +65 {image}
Badass
  • #19,412
  • May 10, 2016 9:25am May 10, 2016 9:25am
Two last (I swear!) questions regarding Ninjatrader:

1. I can not open a ES or YM chart. The window opens, but no data is loaded. Anybody has experienced this? Might it just be a Demo restriction?

2. I can not copy any drawing tool. Nothing happens when I click it or press Strg-C.

Btw: Amazing trading everyone, especially monocor - those were some really clean trades .
  • #19,413
  • May 10, 2016 9:44am May 10, 2016 9:44am
Quoting stavrogijn
Two last (I swear!) questions regarding Ninjatrader: 1. I can not open a ES or YM chart. The window opens, but no data is loaded. Anybody has experienced this? Might it just be a Demo restriction? 2. I can not copy any drawing tool. Nothing happens when I click it or press Strg-C. Btw: Amazing trading everyone, especially monocor - those were some really clean trades .
Are you sure you're connected to a data source?

If so make sure you're using the correct symbols. For ES it's ES 06-16 and YM is YM 06-16.

I had same issue when I first got setup with Ninja. The default contracts were using the date of 09-15 and when I tried using just ES or YM it wouldn't show up. I guess you can't do continuous contract on there.
  • #19,414
  • May 10, 2016 9:59am May 10, 2016 9:59am
Ok. so here is my Simulated trade on the YM today. Missed out on the first leg but caught the second one.
Traded what I saw with peace of mind. 32 points in the pocket.

Pure Price.
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  • #19,415
  • May 10, 2016 10:08am May 10, 2016 10:08am
Good morning

US30 - 89T

Even tho this trade shows that I was a winner (+23) but I was clipped on my brokers platform. So really it was a B/E.

Still searching tho....

previous correction was a 78.6 but with the increased overall move and projection, I'm looking at the 50 - 61.8 area for a continuation move.

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  • #19,416
  • May 10, 2016 11:18am May 10, 2016 11:18am
Quoting jmezz
{quote} Are you sure you're connected to a data source? If so make sure you're using the correct symbols. For ES it's ES 06-16 and YM is YM 06-16. I had same issue when I first got setup with Ninja. The default contracts were using the date of 09-15 and when I tried using just ES or YM it wouldn't show up. I guess you can't do continuous contract on there.
I am connected. The Forex charts are working. Wrote the support, let's see. I had the 03-16 indeed. But it's the same with the 06-16. Thank you for the tip though!
  • #19,417
  • May 10, 2016 11:38am May 10, 2016 11:38am
What do you guys think is the most likely scenario? (Don't cheat, haha)

1) false Break out and a reversal
2) reversal at structure
3) continuation north

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  • #19,418
  • May 10, 2016 12:24pm May 10, 2016 12:24pm
Quoting Mack2013
What do you guys think is the most likely scenario? (Don't cheat, haha) 1) false Break out and a reversal 2) reversal at structure 3) continuation north {image}
Ok let's see.

Projection - Increased
Momentum - Decreased slightly
Depth - Increased slightly with less overall momentum than the correction before it however momentum did pick up on 2nd leg of the correction. Also note that even though the correction is a little big larger than the one prior, it looks to have retraced to about the same area. That most recent correction and the one prior both look to be right around the 618 786 zone.

So 1 or 2 out of the 3 have deteriorated depending on how you look at it.

Noticing that there wasn't really a strong rejection of that supply zone. Price went up in there, hung out for a bit, dropped a little lower then chopped some more. It didn't really move away that harshly. There were a couple big down bars but those occurred when it was already out of the zone and even then the bulls stepped in with a hammer and erased the bear's momentum by closing above those 2 candles.

TBH this is a tricky spot. It looks like price hit the 1:1 completion for the overall big pattern and so you wonder if maybe this could be a potential double top. Overall momentum is down as well.

That said, Damian says 70% of the time expectations play out and there hasn't really been anything on the short term to signify that the bears are ready to take the ball. Bearish corrections have all been fairly weak and this is clearly a trend day so I'd think NSH will play out.

Long until wrong, right? Haha.
  • #19,419
  • May 10, 2016 12:32pm May 10, 2016 12:32pm
Quoting stavrogijn
{quote} I am connected. The Forex charts are working. Wrote the support, let's see. I had the 03-16 indeed. But it's the same with the 06-16. Thank you for the tip though!
When I first signed up for my demo I remember the website asking if I was interested in Forex or Futures.

Wondering if you clicked Forex and so maybe they set you up with the Forex demo and not the Futs?

Either way sounds like support will get you taken care of and then you can see the beauty of these tick charts
  • #19,420
  • May 10, 2016 6:51pm May 10, 2016 6:51pm
Quoting jmezz
{quote} Ok let's see. Projection - Increased Momentum - Decreased slightly Depth - Increased slightly with less overall momentum than the correction before it however momentum did pick up on 2nd leg of the correction. Also note that even though the correction is a little big larger than the one prior, it looks to have retraced to about the same area. That most recent correction and the one prior both look to be right around the 618 786 zone. So 1 or 2 out of the 3 have deteriorated depending on how you look at it. Noticing that there wasn't really...

Nice read. I should of taken into consideration your observation that price wasn't immediately rejected and hung around.

I ended up trying to short it. I got tricked into a invitation bar which didn't follow up. Stops were above highs. I got stopped out at -25. apparently it was a fake and break into the overnight session.

Tough run today. Well, see ya tomorrow.

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