ES +3.5 TF +3.5 Notes on charts. image image

Ratios & Harmonics: a Different Way to Trade

ES Moved trail to lock in 1pt.

Ratios & Harmonics: a Different Way to Trade

ES Locked in 2ticks looking for demand test. image

Ratios & Harmonics: a Different Way to Trade

Not a lot of movement on the indices this morning. Oil inventories today as well as FOMC at 2pm ET. Will most likely be watching TF today however not in a hurry to get into any trades given this weak action so far.

Ratios & Harmonics: a Different Way to Trade

Np! As always I've cherry-picked examples for education purposes. And you can be rest assured that I will be longing on the way down haha.

Ratios & Harmonics: a Different Way to Trade

Nice trades today man. I was kind of thinking the same thing regarding YM then looked at PA on TF today (and the past few days) and I think I'm going to be watching this one tomorrow. image

Ratios & Harmonics: a Different Way to Trade

You know it's bad when the guys on the forum are giving you nicknames to bust your balls LOL. C'mon you guys, I took a long yesterday.

Ratios & Harmonics: a Different Way to Trade

Sure. Simply put they're just a small consolidation in the direction of the current trend but I like to use them as reversal signals because to me it says 'changing of hands' and they offer a chance to get a nice pop or dump depending on where you ...

Ratios & Harmonics: a Different Way to Trade

YM +3, +29 = +32 Notes on chart. image

Ratios & Harmonics: a Different Way to Trade

Got aggressive with trail and taken out for +29.

Ratios & Harmonics: a Different Way to Trade

If we can't take out LOD I'm going to try and scratch

Ratios & Harmonics: a Different Way to Trade

YM Locked in 7 against this short. Shooting for harmonic pb. Had a b/e3 short earlier. image

Ratios & Harmonics: a Different Way to Trade

You caught a nice ride on this one, solid job man! It's always a great feeling when you exit a trade and then price rips the other way right past you haha.

Ratios & Harmonics: a Different Way to Trade

Also shoutout to Mastermind, I always enjoy reading your analysis and commentary in here. I know I'm not the only one.

Ratios & Harmonics: a Different Way to Trade

Thank you Rocky. That's exactly what I'm doing, eye-ing different scenarios and then watch where the probabilities start stacking up. Hell of an entry on your YM short, glad to see that you allowed it to follow through a bit haha Thank you ...

Ratios & Harmonics: a Different Way to Trade

YM this morning On the 233t this is shaping up to be a textbook cup n handle. I don't usually pay attention to these unless they are blatantly obvious. image So first thought this morning is to avoid shorts. However, whenever we get very extended ...

Ratios & Harmonics: a Different Way to Trade

YM +36 = +61 total for today. Thought I was done for the day but decided to try this last trade. Have reached new quota for the week so now all trades going forward will be managed much less aggressively once moved to b/e. image

Ratios & Harmonics: a Different Way to Trade

I think he starts them around 9am ET so I'm thinking around then.

Ratios & Harmonics: a Different Way to Trade

YM +4. Think I'm done for today. image

Ratios & Harmonics: a Different Way to Trade

YM Have my zone outlined here in the gold however we put in a decent base. It might be a little early but this looks like it could morph to a cup n handle. Just something that I'm keeping in the back of my mind. Not sure if I'll take the short. ...

Ratios & Harmonics: a Different Way to Trade