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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

  • #22,961
  • Dec 22, 2016 6:55am Dec 22, 2016 6:55am
The market tells us where the buyers are and what areas we must be careful for. If you are looking for shorts as you should be you must consider the obstacles that lay ahead and see if the RR is worth it or at the very least do I have room to protect.
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If you fail to plan, you plan to fail.
  • #22,962
  • Dec 22, 2016 6:58am Dec 22, 2016 6:58am
I'm interested in this area for the short. Can you all see how my building a case for entry starts way before price ever gets there. I want to have it all worked ahead of price so that my decision is not impulsive.
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If you fail to plan, you plan to fail.
  • #22,963
  • Dec 22, 2016 6:59am Dec 22, 2016 6:59am
TF -1.1, +3.8 = +2.7

Notes on chart

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  • #22,964
  • Dec 22, 2016 7:02am Dec 22, 2016 7:02am
Getting there now we start zooming on the particulars of the short term order flow.
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If you fail to plan, you plan to fail.
  • #22,965
  • Dec 22, 2016 7:04am Dec 22, 2016 7:04am
Zeroing in on a more precise area. Don't love in love with a precise price level remember the PRZ is a zone.
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If you fail to plan, you plan to fail.
  • #22,966
  • Dec 22, 2016 7:09am Dec 22, 2016 7:09am
Still some buying pressure in the area don't feel great about that rotation but I might have missed it.
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If you fail to plan, you plan to fail.
  • #22,967
  • Dec 22, 2016 7:10am Dec 22, 2016 7:10am
Quoting jmezz
TF -1.1, +3.8 = +2.7 Notes on chart {image}
Nice work!
If you fail to plan, you plan to fail.
  • #22,968
  • Dec 22, 2016 7:13am Dec 22, 2016 7:13am
Let's see if the buyers can get us to the area of interest. Learning to time your entry is important to avoid the pain train. We know this area has buyers.
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If you fail to plan, you plan to fail.
  • #22,969
  • Dec 22, 2016 7:15am Dec 22, 2016 7:15am
We got a good volume candle which may or may not mean much at the very least it leads us to beleave price can climb higher so my area of interest has a high probability of getting visited.
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If you fail to plan, you plan to fail.
  • #22,970
  • Dec 22, 2016 7:18am Dec 22, 2016 7:18am
Getting closer. waiting for price to come to me. Taking the trade on my terms.
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If you fail to plan, you plan to fail.
  • #22,971
  • Dec 22, 2016 7:20am Dec 22, 2016 7:20am
Short now
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If you fail to plan, you plan to fail.
  • #22,972
  • Dec 22, 2016 7:29am Dec 22, 2016 7:29am
Quoting Mr. Pip
Short now {image}

I am not in.
  • #22,973
  • Dec 22, 2016 7:30am Dec 22, 2016 7:30am
Price was hanging around but the bears look like they are coming. We wand to see nice strong volumes candles compared to the previous swing and good decision no to minimal rejection in them.
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If you fail to plan, you plan to fail.
  • #22,974
  • Dec 22, 2016 7:30am Dec 22, 2016 7:30am
Quoting evocpr19
{quote} I am not in.
LOL I thought you would go long LOL
If you fail to plan, you plan to fail.
  • #22,975
  • Dec 22, 2016 7:33am Dec 22, 2016 7:33am
Quoting Mr. Pip
{quote} LOL I thought you would go long LOL
You are going to laugh, but I was long but got kicked out for +4
  • #22,976
  • Dec 22, 2016 7:33am Dec 22, 2016 7:33am
Still some buyers in the area. No big deal we know price as much as we would like to see it race to our TP doesn't move in straight line. The buyer do however show some volume which is not good for us. Let's see how the bears respond. Down 2 points now.
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If you fail to plan, you plan to fail.
  • #22,977
  • Dec 22, 2016 7:33am Dec 22, 2016 7:33am
Quoting evocpr19
{quote} You are going to laugh, but I was long but got kicked out for +4
told you.
If you fail to plan, you plan to fail.
  • #22,978
  • Dec 22, 2016 7:35am Dec 22, 2016 7:35am
Quoting Mr. Pip
{quote} told you.
I got today nearly +14. It is fine. Unfortunately I traded with 1 CFD. Now I watch and learn
  • #22,979
  • Dec 22, 2016 7:36am Dec 22, 2016 7:36am
Our overall expectation was for a deep correction as we got a weak NSH. The next expectation is for a NSL. The bears should defend the area it's the strongest structure area in the whole swing. Up 2 points now and another rotation down.
If you fail to plan, you plan to fail.
  • #22,980
  • Dec 22, 2016 7:38am Dec 22, 2016 7:38am
Trade management is about rules and immediate order flow and bar by bar. There are still buyers inb the area which we do not like to see but the rule say do nothing so I do nothing.
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If you fail to plan, you plan to fail.
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