Had the same trade as well, but only got BE as i did not take the profits, and thought i would only take my risk away... Not that i am unhappy at that decision, that is following my trading plan... However, it has been a funny old day - as in trying ...

Ratios & Harmonics: a Different Way to Trade

Very nice winner! Just a quick question, do you move your stops and manage your trade, or do you simply have a set TP?

Ratios & Harmonics: a Different Way to Trade

Quite agree! It is far more fun to predict before it happens... and the NSL is still the expectation, unless a NSH is formed... I suppose it all depends on how price reacts at the various levels...

Ratios & Harmonics: a Different Way to Trade

severe weakness in price, 100% pull back, and a stalling order flow... I do not want to be short this pair at the moment (and that is why i got out), Expectation is still NSL, but unreasonable to expect it with a 100% pull back, so a NSH is a ...

Ratios & Harmonics: a Different Way to Trade

I jumped into this with a short, and took a couple of pips... My thinking being that the order flow is weakening, and it is unreasonable with a 100% pull back for a NSL... It seems to have stalled on the tiniest bit of structure, which is to me a ...

Ratios & Harmonics: a Different Way to Trade

That would be true if i had taken it at the 38.2% pull back.... The thing to remember is that the expectation is a zone, not a pin point... so I took at the first rejection, before price went through my expected zone, and went to the 38.2%. when ...

Ratios & Harmonics: a Different Way to Trade

Stopped out at BE after the retest and bounce... moved my Stop just in case, and taken out. Seems to be a bit of an issue for the bears to make the NSL, but think we will see it still...

Ratios & Harmonics: a Different Way to Trade

I drew a bigger swing, so it has just hit (and hopefully reacting to) the 38.2% fib... lets see if this is a turning point....

Ratios & Harmonics: a Different Way to Trade

I have the same expectation on EURUSD....

Ratios & Harmonics: a Different Way to Trade

i was going to say that i didnt think that was quite true.... however, looking again at the chart, i think you are right. My goal was a NSL, which we got, and I think the decision making process was correct, in that we would see at least a retest of ...

Ratios & Harmonics: a Different Way to Trade

​Currently a winning trade- 5 pips booked in on NSL... lets see how this one will go - continuation of the previous move down, so looks pretty similar... lets hope this one goes to the 161.8 extension as well! image

Ratios & Harmonics: a Different Way to Trade

I think you are not quite looking at the main swings - the more detail you go into, the harder it is to read the market. Your main swing shoudl be from the 9374 area (right at the bottom left of the chart, all the way up to the 9551 area. The NSX's ...

Ratios & Harmonics: a Different Way to Trade

Hi Mr Pip, Just a quick question. You say you never enter trades unless the pullback reaches 38.2% retracement. Would that only be true if there was no structure - so basically a bit of a run away train, and a short pull back, you woudl be wanting ...

Ratios & Harmonics: a Different Way to Trade

Haha, I was supposed to be responding to Paren's post... whoops! I thought your chart looked a bit different to mine, but the GBP and the EUR does follow the same sort of pattern... sort of...!

Ratios & Harmonics: a Different Way to Trade

I didnt take it, as my price never reached the 38.2%... but nicely in profit if you took it at the retest! more importantly (for me at least!) is that it is almost down to that 161.8%... almost makes it looks like I am starting to ...

Ratios & Harmonics: a Different Way to Trade

I am looking at the same thing (all be it on the 233 tick chart) however, the Projection is strong, the momentum is strong and the previous depth is very shallow, I am expecting a 1:1 pull back, which puts My lower boundary at the 1.1093 mark, and ...

Ratios & Harmonics: a Different Way to Trade

My best day so far with respects entering with confidence, and where everything seemed to fall into place, especially with the patience game... 2 winners and 1 debit, with an open long trade in the USDCAD. The debit was on the EURUSD, and was simply ...

Ratios & Harmonics: a Different Way to Trade

​Hi Monocor, this was the long term order flow I was talking about! image

Ratios & Harmonics: a Different Way to Trade

hindsight is a wonderful thing, but I woudl ask why did you buy there when price was still heading down? there was only two candles in there, with the second one not really going anywhere? This looks to me like weakness - although we have not done ...

Ratios & Harmonics: a Different Way to Trade