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- bmdenton23 replied Feb 1, 2018
YM -short at 26123 Out with +44
Ratios & Harmonics: a Different Way to Trade
- bmdenton23 replied Feb 1, 2018
YM - well that was nice, I squeezed +95 out of that little run..... Bulls back in business!
Ratios & Harmonics: a Different Way to Trade
- bmdenton23 replied Jan 31, 2018
Ouch, finished the day -112 pts, 5 losers, 4 breakevens, worst day I've had in several months. January results: 129 trades (avg 6 trades/day) 77 winners 52 losers Winning days: 15 Losing days: 6 60% w/l 2.26 profit factor .90 W/L ratio thanks to ...
Ratios & Harmonics: a Different Way to Trade
- bmdenton23 replied Jan 31, 2018
Coreg I don't take ABCD completions that often and don't keep statistics based on the pattern traded, though that's a good idea. I do think that Damian teaches getting to B/E at the 38%. In this particular example, the 3 drives pattern was contained ...
Ratios & Harmonics: a Different Way to Trade
- bmdenton23 replied Jan 31, 2018
Me too 26181, half position size (update added the other 1/2, avg price now 16189) Come on bears
Ratios & Harmonics: a Different Way to Trade
- bmdenton23 replied Jan 31, 2018
What exactly made you decide to start your scale in? I do see a rotation, your entry is below it, can't tell if your entry was before or after the rotation? I do see 1:1 against on the short time frame, and confluence with the 38, and some structure ...
Ratios & Harmonics: a Different Way to Trade
- bmdenton23 replied Jan 31, 2018
FROM YESTERDAY Coreg2004, I've added a few more labels to the screenshot, the 38%, 50%, 61.8% all just server as possible areas for price to pullback against me. Typical AB=CD completion strategy calls for getting to a break even when price retraces ...
Ratios & Harmonics: a Different Way to Trade
- bmdenton23 replied Jan 31, 2018
We've hit a 1:1 from the swing that started at 26310, I'm going to be looking for a pullback against that to the the 61% around 26261 where we also have great structure. Not sure we have enough time to get there in my session, and we may blow right ...
Ratios & Harmonics: a Different Way to Trade
- bmdenton23 replied Jan 31, 2018
I had a couple of early losses, now I'm making it all back..... 1 .... break even....... at ....... a ....... time.
Ratios & Harmonics: a Different Way to Trade
- bmdenton23 replied Jan 30, 2018
Done for the day +34, +5, +13, +1 ------------------------ Total: 53 I'll share my last trade, went counter trend, 3 drives..ish, ab=cd completion on the longer term, confluence with 127 exhaustion, initial stop below the 162, BE at the 38, target ...
Ratios & Harmonics: a Different Way to Trade
- bmdenton23 replied Jan 30, 2018
YM - I took 3 early trades, +34, +5, +13 and I've been sitting on the sideline for the last hour and a half. Haven't found this PA convincing.
Ratios & Harmonics: a Different Way to Trade
- bmdenton23 replied Jan 30, 2018
Did you take the short on the 1597?
Ratios & Harmonics: a Different Way to Trade
- bmdenton23 replied Jan 29, 2018
I almost took it too, but I had just drawn my box above it and told myself I wasn't going to draw my box above it, and then turn around 2 seconds later and take the trade.
Ratios & Harmonics: a Different Way to Trade
- bmdenton23 replied Jan 29, 2018
YM - short at 26584 on AB=CD completion. Out for +14
Ratios & Harmonics: a Different Way to Trade
- bmdenton23 replied Jan 26, 2018
Done for the day/week. YM Today 4 Trades Winners: +15, +9 Break Even: +1, +1 --------------------------- Total +26 YM January Stats 107 Trades 64 winners, 43 Losers, 60% W/L Winning Days: 13, Losing Days 5 Profit Factor: 3.35 Daily W/L Ratio: 1.29 ...
Ratios & Harmonics: a Different Way to Trade
- bmdenton23 replied Jan 26, 2018
YM - short at 26465, AB=CD completion, and top of the channel
Ratios & Harmonics: a Different Way to Trade
- bmdenton23 replied Jan 26, 2018
Well that was a quick BE+1, I won't hesitate to go long again at the same spot if I get a good rotation.
Ratios & Harmonics: a Different Way to Trade
- bmdenton23 replied Jan 26, 2018
YM - long at 26425, didn't even hesitate in the face of massive bearish momentum.....
Ratios & Harmonics: a Different Way to Trade
- bmdenton23 replied Jan 26, 2018
Aziz, my 2 cents, when I'm approaching 1:1 completions of the larger swing, or other areas of resistance, I'm only going to take A+ setups on the immediate swings instead of considering taking maybe B+ setups. I'm long right now on the YM, as we ...
Ratios & Harmonics: a Different Way to Trade
- bmdenton23 replied Jan 25, 2018
Aziz I think it was valid, I was actually long at the time from 26301. Technically was there a NSL (26286) - yes, but it was very weak and followed by terrific bullish rotation.
Ratios & Harmonics: a Different Way to Trade