Ratios & Harmonics: a Different Way to Trade | Page 1319 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

"Ratios & Harmonics: a Different Way to Trade." Summary 37 replies

Learning to trade with harmonics 11 replies

Time for Change - Pivots & Harmonics to freedom 67 replies

180 reasons to trade Harmonics and Patterns 13 replies

Group Trading based on Elliott wave and Harmonics 0 replies

Attachments: Ratios & Harmonics: a Different Way to Trade
Exit Attachments

Ratios & Harmonics: a Different Way to Trade

  • #26,361
  • Mar 3, 2017 11:31am Mar 3, 2017 11:31am
Took measures to secure a graceful exit.
Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-17 (233 Tick) 2017_03_03.png Size: 70 KB
If you fail to plan, you plan to fail.
  • #26,362
  • Mar 3, 2017 11:32am Mar 3, 2017 11:32am
Bulls look more committed now price should not come back to take me out if they are
If you fail to plan, you plan to fail.
  • #26,363
  • Mar 3, 2017 11:32am Mar 3, 2017 11:32am
Quoting Mr. Pip
Nice response and rotation. Now what's up let's stop holding hands and take it home! {image}
Damian, I know you don't use prior day high and low in your trading but sometimes it pays of to know reaction of other traders to these numbers.
I don't use Pivot Points but have them on my chart just to see how price behaves around them. Just the thought, just the thought.
Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-17 (233 Tick).2 3_3_2017.jpg Size: 234 KB
Always trade your own plan...I don't provide trading signals.
  • #26,364
  • Mar 3, 2017 11:32am Mar 3, 2017 11:32am
BE
Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-17 (233 Tick) 2017_03_03.png Size: 70 KB
If you fail to plan, you plan to fail.
  • #26,365
  • Mar 3, 2017 11:33am Mar 3, 2017 11:33am
Aggressive management
Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-17 (233 Tick) 2017_03_03.png Size: 71 KB
If you fail to plan, you plan to fail.
  • #26,366
  • Mar 3, 2017 11:36am Mar 3, 2017 11:36am
Out at +15 have to head out. What did we learn from this trade?
Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-17 (233 Tick) 2017_03_03.png Size: 66 KB
If you fail to plan, you plan to fail.
  • #26,367
  • Mar 3, 2017 11:36am Mar 3, 2017 11:36am
not sure if this is correct analysis. let'see.
Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-17 (233 Tick) 2017_03_03_analysis.png Size: 171 KB
  • #26,368
  • Mar 3, 2017 11:37am Mar 3, 2017 11:37am
I will be mobile reviewing your answers. Then I will give you my answer.
If you fail to plan, you plan to fail.
  • #26,369
  • Mar 3, 2017 11:37am Mar 3, 2017 11:37am
Quoting Mr. Pip
Out at +15 have to head out. What did we learn from this trade? {image}
Patience pays off when trading with expectations.

Honestly big respect; I was "only" watching, but I suffered with you. I would have gone mad on this.
  • #26,370
  • Mar 3, 2017 11:45am Mar 3, 2017 11:45am
Quoting Mr. Pip
Out at +15 have to head out. What did we learn from this trade? {image}
When trading the longer term order flow, you have to be patient to weather the short term order flow and hold price accountable to your original expectations.
  • #26,371
  • Mar 3, 2017 11:46am Mar 3, 2017 11:46am
Quoting Mr. Pip
Out at +15 have to head out. What did we learn from this trade? {image}
I learned patience. The expectation is the expectation.
Play the hand you were dealt.
  • #26,372
  • Mar 3, 2017 11:46am Mar 3, 2017 11:46am
Quoting Mr. Pip
Out at +15 have to head out. What did we learn from this trade? {image}
We or at least I learned that although the expectation at hand was for a NSH we should have situational awareness and factor in the imbalance favouring the bears which would probably mean a complex correction and a difficult to properly manage trade.

Also in a setup like today ..wouldn't it be better to enter on immediate OF change ? (neon green line and blue arrow)
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 95 KB
  • #26,373
  • Mar 3, 2017 12:00pm Mar 3, 2017 12:00pm
Quoting x3m-PippiN
{quote} We or at least I learned that although the expectation at hand was for a NSH we should have situational awareness and factor in the imbalance favouring the bears which would probably mean a complex correction and a difficult to properly manage trade. Also in a setup like today ..wouldn't it be better to enter on immediate OF change ? (neon green line and blue arrow) {image}
This is how i see structure
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 66 KB
  • #26,374
  • Mar 3, 2017 12:02pm Mar 3, 2017 12:02pm
The train goes without me..

Next!
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-m1-tmill-uk-limited.png Size: 61 KB


Wow, it goes crazy up and down!
No wonder, there's a news.. :|

For me better to skip this. See you next week
  • #26,375
  • Mar 3, 2017 12:12pm Mar 3, 2017 12:12pm
Quoting Velikov
{quote} This is how i see structure {image}
The NSH on the immediate was created when PA closed above my neon green line... the close of the candle is what Mr.Pip has taught us in his videos and even if you are using the high of the candle ..it's still a NSH on the immediate OF.
  • #26,376
  • Mar 3, 2017 12:14pm Mar 3, 2017 12:14pm
looking for long in the green area
Attached Image (click to enlarge)
Click to Enlarge Name: dj.png Size: 28 KB
  • #26,377
  • Mar 3, 2017 12:21pm Mar 3, 2017 12:21pm
Quoting Lundies10
Short. E7 5M chart. Expectation is for a NSL. ST order flow shows a lot of strength from the bulls but they were unable to get past the resistance zone and the bears started to come in nicely. I waited here for a few good rotation bars from the bears and entered at a good RR point. Expectation is for a complex correction so tight management will be needed. My rules say to be very aggressive with complex corrections so when the first area of structure (going down) is hit I will watch for an exit and take my daily profit target . Let me know...
Taken out by news. This trade was playing out very slowly, but to my expectation. I didn't like the volume in the bullish bars but they had not broken the resistance area yet so I was patiently waiting for price to get back into the mid support area to manually exit (per my rules)... then ... NEWS! So, what I'd like to walk away with is the information needed to avoid the news. Can you guys give me a source where I can find out when to expect news and how or if it will affect my current commodity (currently trading e-mini Euro futures)? Thanks!
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2017-03-03 at 11.16.12 AM.png Size: 51 KB
  • #26,378
  • Mar 3, 2017 12:23pm Mar 3, 2017 12:23pm
long
Attached Image (click to enlarge)
Click to Enlarge Name: dj.png Size: 37 KB
  • #26,379
  • Mar 3, 2017 12:24pm Mar 3, 2017 12:24pm
Quoting ujku80
not sure if this is correct analysis. let'see. {image}
Yes i figured price would at lease get back to the BRN and the expectation in the longer term is for a NSH. The issue is that accumulation rested on the side of the bears and that is the reason why the bulls struggled to take price higher
If you fail to plan, you plan to fail.
  • #26,380
  • Mar 3, 2017 12:31pm Mar 3, 2017 12:31pm
Quoting x3m-PippiN
{quote} The NSH on the immediate was created when PA closed above my neon green line... the close of the candle is what Mr.Pip has taught us in his videos and even if you are using the high of the candle ..it's still a NSH on the immediate OF.
I'm using Oanda's data feed and didn't have a close above the wick....futures data is more reliable !!!
6 traders viewing now