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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

  • #19,441
  • May 12, 2016 7:25am May 12, 2016 7:25am
Eurusd 15m
expectation nsh

to be when price move 30 pts in my favor

sl below 100 fib
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  • #19,442
  • Edited 7:51am May 12, 2016 7:38am | Edited 7:51am
Quoting jmezz
YM Not really sure how to go about the order flow this morning. ON session is 100% net short so that raises case for squeeze. I'm going to post a couple scenarios and follow up after the trading day to see how they played out. Scenario 1 - LTF bearish with STF bullish correction - expectation NSL Scenario 2 - LTF bullish with STF now bullish after bear correction - expectation NSH {image} {image}
Well guys I think I know what my issue was on this one.

Basically I think I just got caught up on timeframes. Scenario 1 is the timeframe that I am used to trading however zooming out and taking into account the even larger picture caused me to get confused. Even though both scenarios were occuring on the 144tick, the fact is that I zoomed out and took into account a much larger pattern than I am used to trading. That info was not needed, all that was needed was to stick to the smaller pattern like I have been doing.

So naturally, yesterday I didn't feel confident doing anything because I had that large pattern 1:1 possibility in the back of my mind. These large swings the past couple of days make it difficult on what to include for my analysis.

Not sure if this makes sense for others.

That said, here is YM this morning.

I'm aware of the large down swing from the top but am going to keep my analysis to the price action that I usually trade.

Right now am seeing LTF bullish with STF bullish as well but losing strength.

Edit - Updated screenshot
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  • #19,443
  • May 12, 2016 7:59am May 12, 2016 7:59am
usdcad 4h chart.
possible 5-0 pattern.
i measured all points and they are ok.
really interested how it works out.

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  • #19,444
  • Edited 9:32am May 12, 2016 8:41am | Edited 9:32am
YM 29pt short, be, be1

Edit - adding more trades
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  • #19,445
  • May 12, 2016 10:17am May 12, 2016 10:17am
Quoting jmezz
{quote} Well guys I think I know what my issue was on this one. Basically I think I just got caught up on timeframes. Scenario 1 is the timeframe that I am used to trading however zooming out and taking into account the even larger picture caused me to get confused. Even though both scenarios were occuring on the 144tick, the fact is that I zoomed out and took into account a much larger pattern than I am used to trading. That info was not needed, all that was needed was to stick to the smaller pattern like I have been doing. So naturally, yesterday...
Ugg.

This time the very LTF did play out.

On the legs down this morning I was on the lookout for price to realign with what I thought was the bullish LTF. This never happened as what I thought was the LTF being bullish was overall the STF being bullish with price realigning bearish with the NSL at ~9:23 ET.

Frustrating.
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  • #19,446
  • May 12, 2016 10:26am May 12, 2016 10:26am
Whewwww. Today's trades so far based on price action and expectation.

Green lines represent Profit
Red Lines represent Loss.

The loss was a mistake i made actually. was trying to trail an exit for the first trade. instead i bought at that point and should have exited earlier but well i was away.

The circle entries and exit where entered in an error. mouse and PC were having a mind of their own

5 trades so far. One loss.

1) +23
2) -12
3) +31
4) +22
5) +16

Total of +80

Chart: 1 minute time frame
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  • #19,447
  • May 12, 2016 10:38am May 12, 2016 10:38am
ES

2 ticks from countertrend trade.
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  • #19,448
  • May 12, 2016 10:44am May 12, 2016 10:44am
Quoting Ajadi
Whewwww. Today's trades so far based on price action and expectation. Green lines represent Profit Red Lines represent Loss. The loss was a mistake i made actually. was trying to trail an exit for the first trade. instead i bought at that point and should have exited earlier but well i was away. The circle entries and exit where entered in an error. mouse and PC were having a mind of their own 5 trades so far. One loss. 1) +23 2) -12 3) +31 4) +22 5) +16 Total of +80 Chart: 1 minute time frame {image} {image}
Sick trades man.

Your second chart brings up a good point about supply and demand zones.

Usually I draw my zones for the day in the morning before open. I typically won't draw new ones during the trading day simply because it's just not on my mind to do so most of the time.

But your second chart illustrates the benefits of drawing them when price makes NSHs / NSLs as price usually comes back to the breakout zone.

So this is something that I want to make a point to do going forward.
  • #19,449
  • May 12, 2016 11:16am May 12, 2016 11:16am
Eurusd 15m

-16pts

expectation nsh

break below 1.1370 area will change the expectation to nsl
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  • #19,450
  • May 12, 2016 11:26am May 12, 2016 11:26am
Quoting jmezz
{quote} Sick trades man. Your second chart brings up a good point about supply and demand zones. Usually I draw my zones for the day in the morning before open. I typically won't draw new ones during the trading day simply because it's just not on my mind to do so most of the time. But your second chart illustrates the benefits of drawing them when price makes NSHs / NSLs as price usually comes back to the breakout zone. So this is something that I want to make a point to do going forward.
Market moves. New structures are formed every time. Order flow changes. Man has to move with the market. The point at which order flow changes will differ from swing to swing as new ones are being former. please make it a point to move with market. You dont want to be left behind jmezz.
  • #19,451
  • May 13, 2016 1:15am May 13, 2016 1:15am
Eurusd 15m

expectation nsl

sl 1.1380

tp 1.1300

Eurusd 15m

expectation nsl

moved sl to be
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  • #19,452
  • May 13, 2016 3:51am May 13, 2016 3:51am
Good morning ! Yesterday was annoying day, was hard to trade. Today, even worse (((((( 3 BE and 1 closed by the target ((((

UC M3 Exp - nsh, closed 1 to 1 +25
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Even though I walk through the darkest valley, I will fear no evil
  • #19,453
  • May 13, 2016 4:27am May 13, 2016 4:27am
EURUSD 15M

EXPECTATION NSL

STOPPED OUT BE LOOKING FOR ANOTHER ENTRY

Retracement bar by bar structure area.
  • #19,454
  • May 13, 2016 7:03am May 13, 2016 7:03am
aud usd m15.
somewhere in the blue box..?

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  • #19,455
  • May 13, 2016 7:05am May 13, 2016 7:05am
cad yen 15m nice gartley but missed first time.

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  • #19,456
  • May 13, 2016 7:07am May 13, 2016 7:07am
usd chf 30m prefer a bit lower price to form C to form a nice butterfly.

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  • #19,457
  • May 13, 2016 7:21am May 13, 2016 7:21am
aud yen 15m
possible bat.

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  • #19,458
  • May 13, 2016 7:41am May 13, 2016 7:41am
YM

LTF bearish with STF bullish.

In regards to overall down move:

Momentum - Increase
Projection - Decrease
Depth - Increase

2/3 deteriorating so down move could be coming to end.

ON sessions 99% net short but this news is looking to change that.
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  • #19,459
  • May 13, 2016 10:01am May 13, 2016 10:01am
YM - b/e2, -17, +23 for total of 8pts
ES - +4.25
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  • #19,460
  • May 13, 2016 12:23pm May 13, 2016 12:23pm
tricky day. ended up with - 5.
the white arrows is the bias.

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