There is no way to happiness , happiness is the way.
Ratios & Harmonics: a Different Way to Trade
6E 144t +8 ticks arfff was a perfect AB=CD and D was also on a support trend line, rotation was strong so i enter long with my SL below the 161,8% as the rules says, the price just touch the 161.8% but could not close below, was also the 78.6% from the main swing as you can see, followed by a good bull rotation, i enter a second time increasing my risk by just a few ticks but having a much better average price of course, then price have some pain to past the next resistance which matched also on the report of previous BC and decided to trail my stop aggressively and was stopped +8, lot of pain for few ticks 
by the way i prefer also an exit with SL than the close button 
by the way i prefer also an exit with SL than the close button 
There is no way to happiness , happiness is the way.
- #28,554
- May 8, 2017 4:12am May 8, 2017 4:12am
{quote} Why because did you already enter once in your life with the flow on D ?Trading D from AB=CD is always against the flow. {image}
I'm looking at the order flow this way.
Swing A in the box tells me the bears are strong, it retrace with much momentum and able to pass 78.6% of previous swing.
Swing B in the box tells me the bulls are weak, I will not go LONG in this case on your setup.
I'm trying take trades with more confluence nowadays. Hopefully can get better win rate. But of course my trade frequency will be a lot lesser. Let's see, still experimenting.
- #28,560
- Edited 6:56am May 8, 2017 6:14am | Edited 6:56am
Long AUDUSD 3m
HTF situation (5m):
stop could be vulnerable but that's the order flow I'm trading this on (immediate)
EDIT: stopped out
5m
HTF situation (5m):
stop could be vulnerable but that's the order flow I'm trading this on (immediate)
EDIT: stopped out
5m
the 3rd wave is the crowd's wave