You can always come up with a different scenario of labeling, always, who knows who will be right. url

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Moty, examining the internal structure of potential W:C or W:3?? on 15 min time frame might be helpful to time the entry......just the thought...Knowing anything can happen I hope my labeling is correct. Good luck with your trading. Edited: sorry ...

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agree....I still remember how "smart money" looked smart in 2015 when Swiss central bank unpegged franc.

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update.......and six hours later we are exactly where we supposed to be, based on trading ABC pattern. What next? ....time will tell. url

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update of my 1H chart from Sunday afternoon when @Isabella D. threw her challenge...

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Ok, Isabella, let me join this game of prediction/forecasting/guesstimation. Here is mine..........Remember traders, always another scenario might be in play...trade your plan.

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digger1, are we related?

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A-B-C or 1-2-3-4-5? that's the question...3-3-5 or 5-3-5?

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a different method of analysis, similar outcome.....good luck with your trading Dingoman

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here is my forecasting...time will verify as new data will be printed

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we should always be prepared other scenario is in play.....this time it might be 3 Drives (ending formation for 1-2-3-4-5 pattern)......2nd picture is an excerpt from Scott Carney's book Harmonic Trader p.222

Ratios & Harmonics: a Different Way to Trade

Jay, very nice trading .....Thank you for your service, God bless you. Good luck with the second profession......I don't want to impose my view of the market on anyone just to share my observation. Always trade your plan. I'm done for today..

Ratios & Harmonics: a Different Way to Trade

[quote=PeterT;11104321] I'm still wondering.. and feel free to stop answering and answer when it suits you best Would you not be uncomfortable trading short against a Gartley pattern,.................. The answer is absolutely not, why? ...

Ratios & Harmonics: a Different Way to Trade

Thnks crixus...I use dual time frame analysis in my trading (987T-233T). I based my trading decisions on the HTF and execute the trades on 233T chart....As you see on the chart buyers were unable to push the market above the previous high, two ...

Ratios & Harmonics: a Different Way to Trade

Peter, I am probably the last person to talk about "expectation" method. I trade based on harmonic patterns approach thought by Scott Carney. For me is all about the pattern, ratio, time...I don't mix the strategies. ...I hope it clarifies.

Ratios & Harmonics: a Different Way to Trade

Honestly, I don't know what I would do but I believe I would try to stick to my plan.... another scenario how to deal with the situation...(choose one and be consistent)

Ratios & Harmonics: a Different Way to Trade

Peter, what would convince you to cover the shorts earlier? Personally, I would cover at 127.2% projection of the main swing X to A at @24723 if I have been in this trade. You see this on my charts. Targets: 1:1, or 127.2% projection..I don't like ...

Ratios & Harmonics: a Different Way to Trade

Sheep, I don't want you or others to have an impression I have discovered any of elements I use in my trading. I use the knowledge and lifetime work of others. I just composed my trading method with segments of their approach. The credit goes to ...

Ratios & Harmonics: a Different Way to Trade

[quote=Sheeep44;11104104] Great explanation. I believe every trader has to develop their 'own' way of trading. Thank you Sheeep and I agree with you 100%. You will never get into someone's head only your own. Trust your analysis and follow your ...

Ratios & Harmonics: a Different Way to Trade

for the sake of discussion.... let say you saw small reversal pattern (ABC) formed in PRZ3, you look at the bottom of the chart and you noticed the time 9:15-9:20 EST, NY is going to open any moment, you move your trailing stop just above B point ...

Ratios & Harmonics: a Different Way to Trade