YM Looks like we are entering a consolidation phase. The expectation was for a NSH however it failed at supply and now looks as if it could put in a HnS. A 1:1 on this move would put price back at demand, not saying this will happen though. Going to ...

Ratios & Harmonics: a Different Way to Trade

Glad you were able to come away with some points. Where did you enter long?

Ratios & Harmonics: a Different Way to Trade

I hear you with the middle supply / demand zones. It's tough to know which of those zones to use and how to play a reaction off of them, whether you're in a trade already or not. I think anytime there's a strong move in one direction, then a pause, ...

Ratios & Harmonics: a Different Way to Trade

YM +29 Notes on chart image

Ratios & Harmonics: a Different Way to Trade

Thank you crixus. When I see a possible setup forming, I have been trying to pay much more attention to every individual bar that forms. This was very difficult to do when I was using the 162 tick chart however is a little bit more simple now that ...

Ratios & Harmonics: a Different Way to Trade

Thanks man. While I don't feel too bad about that first trade not working out, had I waited until price hit the 618 then I would not have had a loss yesterday. I know that I'm most comfortable when a trade hits the 618 and I try to only take trades ...

Ratios & Harmonics: a Different Way to Trade

YM -10, +45 = +35 total Notes on chart.

Ratios & Harmonics: a Different Way to Trade

YM This is looking like another 'no trade' day.

Ratios & Harmonics: a Different Way to Trade

On the YM chart that pullback was just barely a 382. Even though I've taken 382's in the past, I want to think that I would have avoided this setup because 382's rarely work out for me. But if I was going by your price action then I may have tried ...

Ratios & Harmonics: a Different Way to Trade

This was a nice trade man.

Ratios & Harmonics: a Different Way to Trade

No trades for me today. Overall I wasn't sure on pressing the short side today. We were trading sideways for a bit and before we entered the consolidation price was increasing so I thought that once we broke the consolidation that it price would ...

Ratios & Harmonics: a Different Way to Trade

YM +5 One small trade yesterday. I went short and as I went to set my stop I clicked the wrong button on the mouse and it filled me as a buy limit vs a buy stop. Oops. Worked out this time as I would have been taken out at a loss. The trade of the ...

Ratios & Harmonics: a Different Way to Trade

No I haven't done any more analyzation on it, I sort of just made the mental note that when trend seems strong with minimal breakdown to wait for a 2nd swing point break in order to not get burned. Basically something to try to keep me from taking ...

Ratios & Harmonics: a Different Way to Trade

Much appreciated Rocky. Interesting that in this pic YM hit a supply zone and then this bar formed with what seems to be a pretty large sell imbalance (127x3). I don't know too much about these footprint charts but it seems like seeing a large ...

Ratios & Harmonics: a Different Way to Trade

No trades for me today. Went into today not really dying to get into any trades with Yellen on the agenda. I did see a countertrend short that I was mulling over but avoided it because I don't particularly like countertrend shorts and I didn't think ...

Ratios & Harmonics: a Different Way to Trade

There will be scenarios where you need to take a step back and look at the overall picture. You can see again that price had bounced off the 50 of the whole move and if you look to the last clear high and clear low you'll see that the 50 was also ...

Ratios & Harmonics: a Different Way to Trade

These footprint charts are really interesting. Are you able to see data on YM as well?

Ratios & Harmonics: a Different Way to Trade

Np. Np and thank you. Coming from you this comment is much appreciated! Many thanks for your contributions as well. Thank you Stavro, so far so good anyway haha.

Ratios & Harmonics: a Different Way to Trade

I just hope my posts make sense to others lol. Glad to have you back in the thread, did you enjoy your time away?

Ratios & Harmonics: a Different Way to Trade

'' Technically you could say Level 2 is the leg that lead to the NSH, but my experience leads me to believe that there are stronger reactions at the origination of the whole move.'' - Exactly. Check this image: image Overall expectation for NSH. ...

Ratios & Harmonics: a Different Way to Trade