First trade of the day in...........

Ratios & Harmonics: a Different Way to Trade

Peter, it was crazy market yesterday in 6B. I had entered a second trade base on my method (see PRZ) when another news hit the wire refuting the first one. This trade lasted 10 seconds so I didn't even have time to set my buy limit order just hit ...

Ratios & Harmonics: a Different Way to Trade

So far I took 3 trades today....

Ratios & Harmonics: a Different Way to Trade

When the 127.2%EXT is complemented by 261.8%EXT of the last swing into PRZ I never hesitate to take counter-trend trade b/c pattern reached targeted area. In a such a case I will enter the trade using the trigger of 1BH/1BL taken out on HTF (987T). ...

Ratios & Harmonics: a Different Way to Trade

another quick one in 6B

Ratios & Harmonics: a Different Way to Trade

I had open trade in 6B and couldn't move the sell limit order when the news hit the wire..well happy anyway

Ratios & Harmonics: a Different Way to Trade

It happened I traded yen today but futures contract so my chart is 'upside down' comparing to yours. Peter, please read @Tim and @Damian posts ##34,365 and 34,494 respectively. Very often traders look at HTF when in doubt especially when the price ...

Ratios & Harmonics: a Different Way to Trade

My Sunday thought. Man prefers to believe what he prefers to be true.- Francis Bacon

Ratios & Harmonics: a Different Way to Trade

My stop-loss is always above/below SH/SL prior to the entry. My TP is in an area of confluence of harmonic patterns completion. If my limit order is not filled b/c market reverses 2-3 ticks earlier I chase and cover manually. In case of NQ today I ...

Ratios & Harmonics: a Different Way to Trade

I also exercised today lack of patience and decisiveness. I took partial profit at 1:1, other part I planed to cover at 161.8% of BC move. when market started to go against me I covered manually immediately, but I have excuse, I was down after 2 ...

Ratios & Harmonics: a Different Way to Trade

something worthed to check out if you trade using harmonic patterns, sorry for the highlights.

Ratios & Harmonics: a Different Way to Trade

[quote=ckh626;10506629] If you know the methodology the trigger to enter the trade is not so crucial IMO. Personally, I use TLB ( trend line break) just because I don't doubt myself. I have visual of which I know I should act on. If I am late to the ...

Ratios & Harmonics: a Different Way to Trade

[quote=Coreg2004;10506597] I should say: I don't want to use Elliott terminology b/c it's beyond the scope of this thread.

Ratios & Harmonics: a Different Way to Trade

[quote=ckh626;10506578] Yes, ckh626 but I don't want to talk about EW b/c it's beyond to scope of this thread.

Ratios & Harmonics: a Different Way to Trade

[quote=ckh626;10506501] Its hard to tell when price will decide to exceed 1:1 and hit some of the extended fibs. Sometimes we have the clue to know that CD leg is not completed, but first what are the characteristics of CD leg? Our expectation ...

Ratios & Harmonics: a Different Way to Trade

evocpr19 are you aware of alternate bullish/bearish AB=CD pattern? Point D is a place where some traders take the profit, others enter the trade so we expect the bounce at this point (D), however, we don't know how big the bounce will be. ..just the ...

Ratios & Harmonics: a Different Way to Trade

so far only one trade today.........

Ratios & Harmonics: a Different Way to Trade

6E is euro futures contract and is not the same as spot (forex). Sniper, you would have read here url to find out why is such a discrepancy in the price quoted and other differences.

Ratios & Harmonics: a Different Way to Trade

my 2 trades in euro today.

Ratios & Harmonics: a Different Way to Trade

Just wanted to share with you my today's trades.

Ratios & Harmonics: a Different Way to Trade