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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

  • #20,221
  • Jul 21, 2016 9:37pm Jul 21, 2016 9:37pm
Quoting jmezz
{quote} It's always so easy in hindsight right? Lol. Turns out, today was not the day for aggressive longs. If it had closed over your top blue line then it would have been constructive for your long position however price spoke and slapped it back down. We'll just have to come back stronger tomorrow. Congrats evo on being green today.
No doubt. Probable wont be able to trade tomorrow so I'm in the red for the week. need to do some reevaluation anyway.

I wish you luck tho. I hope you bang off a 100 pips
  • #20,222
  • Jul 22, 2016 12:55am Jul 22, 2016 12:55am
Quoting Mack2013
{quote} No doubt. Probable wont be able to trade tomorrow so I'm in the red for the week. need to do some reevaluation anyway. I wish you luck tho. I hope you bang off a 100 pips
You could wish me also a 100 pips big lot move (joking).I will be probably off with trading until mid next week.Good luck to you all.
  • #20,223
  • Jul 22, 2016 7:26am Jul 22, 2016 7:26am
Quoting rocky
{image}
Rocky -

In your thread I noticed that you use supply / demand zones frequently.

I notice that when price comes back to the beginning of legs there is usually at least a pause, but a lot of times there is a swift rejection followed by a nice r:r move to capitalize on.

I'm wondering if you have any experience with this?

I've done a bit of studying to figure out if there is a way to better qualify them, such as how fast / strong price comes back to this leg start or how fast / strong price was when it first started the leg however am not finding any sort of pattern to better qualify them.

I'll include a couple of screenshots. Usually the very first bar that starts the leg provides a bounce.

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  • #20,224
  • Jul 22, 2016 7:40am Jul 22, 2016 7:40am
Quoting Mack2013
{quote} No doubt. Probable wont be able to trade tomorrow so I'm in the red for the week. need to do some reevaluation anyway. I wish you luck tho. I hope you bang off a 100 pips
I wouldn't be mad if that happened...

Lol
  • #20,225
  • Jul 22, 2016 8:39am Jul 22, 2016 8:39am
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Good morning jmezz, Good question and I'll have to get back with you later. Getting ready to head into the city with the family.

Target hit @ 2158.50
  • #20,226
  • Jul 22, 2016 10:27am Jul 22, 2016 10:27am
Quoting rocky
{image} {image} Good morning jmezz, Good question and I'll have to get back with you later. Getting ready to head into the city with the family. Target hit @ 2158.50
Sounds good Rocky, enjoy your day.
  • #20,227
  • Jul 24, 2016 12:37pm Jul 24, 2016 12:37pm
Quoting jmezz
{quote} Rocky - In your thread I noticed that you use supply / demand zones frequently. I notice that when price comes back to the beginning of legs there is usually at least a pause, but a lot of times there is a swift rejection followed by a nice r:r move to capitalize on. I'm wondering if you have any experience with this? I've done a bit of studying to figure out if there is a way to better qualify them, such as how fast / strong price comes back to this leg start or how fast / strong price was when it first started the leg however am not finding...
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  • #20,228
  • Jul 24, 2016 3:43pm Jul 24, 2016 3:43pm
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  • #20,229
  • Jul 25, 2016 1:54am Jul 25, 2016 1:54am
Quoting rocky
{quote} {image} {image}
Hi Rocky,

Can i have a link to your thread as i want to learn more about supply and demand and volumn. There is no link in your profile.
  • #20,230
  • Jul 25, 2016 6:09am Jul 25, 2016 6:09am
Quoting buzznack
{quote} Hi Rocky, Can i have a link to your thread as i want to learn more about supply and demand and volumn. There is no link in your profile.
Buzznack, years ago I had my thread placed in the recycle bin. Reason being I couldn't keep up with the questions and couldn't do what I like to do more, which is trade not educate. To see my thread simply click "Rocky" on any of these headings and then click any of the extracted thread post. You'll be able to see some of my live trades using Supply/Demand and VSA. My last live trade was last night. I scalp the S&P E Mini for 14 ticks. It was not a VSA trade.
  • #20,231
  • Jul 25, 2016 7:28am Jul 25, 2016 7:28am
Hey guys, hope you are all doing good. I was just generally wondering about the market, meaning the YM. To me it has been moving a bit peculiar over the last weeks. At least since the start of july it seems to me that it was moving mainly sideways in tight ranges. Do you guys experience this too in your trading? To the ones with more experience: is this strange to you, too? Is this seasonal (summer holdiays or so)? Or does this just happen? Or is this more of the "normal state" of the market compared to the months before?
  • #20,232
  • Jul 25, 2016 7:42am Jul 25, 2016 7:42am
Thanks Rocky, your charts and explanations are much appreciated.

I had begun to experiment with using the higher timeframes to see if I could better qualify s/d zones however had never used a volume chart, so I'll be adding that to my study list.

I agree with you, when I've been studying how best to trade these leg starts I've noticed price has traded to them in various ways however has not given any pattern really for how they are going to respond when they hit the level.

I'll look into creating stronger zones and adding confluence.

Thanks again.
  • #20,233
  • Jul 25, 2016 8:08am Jul 25, 2016 8:08am
So 435ish area on watch if it gets there.
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  • #20,234
  • Edited 5:15pm Jul 25, 2016 4:23pm | Edited 5:15pm
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18:01 hrs...

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  • #20,235
  • Jul 26, 2016 11:40am Jul 26, 2016 11:40am
Good morning everyone. I hope all are doing well

US30 -89T

Looking for a short but I'm a little weary of the Bull strength back into consolidation. Deeper PB then expected with stronger momentum. Might wait for a safer entry once S/T order flow has changed
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  • #20,236
  • Jul 26, 2016 11:50am Jul 26, 2016 11:50am
On another note.... how would you guys print this zone Yellow circle

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1) Origin of demand just extended
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2) New demand
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3) New demand #2
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4)Supply turns into support and resistance
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  • #20,237
  • Jul 26, 2016 8:11pm Jul 26, 2016 8:11pm
Quoting rocky
1982255


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  • #20,238
  • Jul 26, 2016 10:53pm Jul 26, 2016 10:53pm
Quoting rocky
{quote} {image}
not at all. participation is welcomed.
  • #20,239
  • Jul 27, 2016 7:45am Jul 27, 2016 7:45am
Quoting Mack2013
On another note.... how would you guys print this zone Yellow circle {image} 1) Origin of demand just extended {image} 2) New demand {image} 3) New demand #2 {image} 4)Supply turns into support and resistance {image}
Basically you could do all of them haha, with a slight edit on #2 to outline just the large range bar itself. While in my experiences I've seen price have a tough time getting through lrb's at times, I wouldn't use it as a rigid form of s/r or s/d. YMMV however.

To answer your question I would probably do either 1 or 4 depending if I wanted a general area or distinct level to keep my eye on.

Quoting rocky
{quote} {image}
I think I speak for everyone in this thread when I say that anything you contribute is more than welcomed and greatly appreciated. You've outlined some excellent calls in here and dropped some valuable knowledge.

I've mostly been checking in on mobile the past few trading days and the mobile user experience on this website is horrendous - can't send pm's, creating posts is a chore, trying to look at picture history is now very difficult because they implemented a change to the way the page displays. Just terrible all around.

However wanted to say thank you for your explanation on s/d zones and better qualifying them with the higher tf chart! I'm playing around with adding confluence around these zones as well.
  • #20,240
  • Jul 27, 2016 8:26am Jul 27, 2016 8:26am
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