Continued... Magenta EURUSD 1min-- image SkyBlue EURUSD 1min-- image I know some will be asking about why did I take this trade and not that one...Answer is, my trades are nearly random, although the market action must fulfill the wave + 61.8% ...

Bronco Capital's ABCD Harmonic Pattern Journal

Still at it, 90 trades thus far... Good day with 2 winners, 2 losers. Also two losers from Friday+ weekend. Just as importantly (and jumping the gun) is that my 78.6% AB reversal trades all went to 100.0% AB. While I am not officially trading this ...

Bronco Capital's ABCD Harmonic Pattern Journal

Continued... Green EURUSD 1min-- image Aqua EURUSD 1min-- image Pink5 EURUSD 1min-- image Lime EURUSD 1min-- image White EURUSD 1min-- image Not much to say, going to finish out the month right around 100 trades then decide what to update ...

Bronco Capital's ABCD Harmonic Pattern Journal

Update for 2/21 and 2/22-- The problem with analyzing results is I start to focus on the updated system even though I have not implemented it. Meaning I was watching to see if 786AB went consistently to 100AB etc these last two days. That is not the ...

Bronco Capital's ABCD Harmonic Pattern Journal

Trust me, I know, I want to see if others spend the time to find the answer. Fact is, it is not whether one 'thinks' it better, or 'feels' better doing this versus that. It is about the numbers, objective, math. Either a method is better or it is ...

Ratios & Harmonics: a Different Way to Trade

4xf, Just go to my journal and use the spreadsheet of 75 trades. There are enough data points for you to do this. It tracks 61.8, 78.6, 38.2BC, 61.8BC levels and in what order (generally speaking). For example, look at how many trades hit 382BC only ...

Ratios & Harmonics: a Different Way to Trade

Cucho is right here, scaling in and scaling out is inferior when pattern trading. Grid trading, position trading, it works, but when you have a defined target and stop before placing the initial entry AND when you know the pattern has a net positive ...

Ratios & Harmonics: a Different Way to Trade

Foxy, Very, very good points. These are manually drawn and you can see many are opposing trades, aka I get one wave, enter at 61.8AB, then when it moves 61.8 from entry (aka 61.8BC) then I put on the opposite directional trade. I also have a few ...

Ratios & Harmonics: a Different Way to Trade

More coming, building a system is like wining a dining a future wife. Start with the basics, make sure she is not psycho, then start to gauge her more subtle qualities! So far I do not think ABCD's are psycho, they are wild (I like that), but they ...

Ratios & Harmonics: a Different Way to Trade

75 Trades for February in the books. I analyze the trades here but the key take away as related to Mr. Pip and his teachings is: >80% of perspective aggressive C that hit 78.6% fail and fully retrace back to the A level. Only 9 of 54 trades hit ...

Ratios & Harmonics: a Different Way to Trade

75 Trades and time for some analysis-- **After finishing, realized EA is not perfectly tracking trades for the stop and reverse update, so % may be off** Here is the full ledger. Left side are all the trades that hit 78.6AB level first while the ...

Bronco Capital's ABCD Harmonic Pattern Journal

This is ultimately why I take a more mechanical approach. If and only if I can prove that taking every trade results in a growing equity curve will I work with a system. Trying to filter trades, read this, watch that, it becomes hugely subjective. ...

Ratios & Harmonics: a Different Way to Trade

Nice work, trending market wrecking havoc on my demo acct, but doing some analysis last night, and have a way to work through it. Will post an update to my journal tonight. Still gathering data, but the results are quite amazing. But, as I noted, ...

Ratios & Harmonics: a Different Way to Trade

Continued... Gold1 EURUSD 1min-- image Lime1 EURUSD 1min-- image Enjoy the charts!

Bronco Capital's ABCD Harmonic Pattern Journal

Continued... SkyBlue EURUSD 1min-- image White EURUSD 1min-- image Green15 EURUSD 15min-- image Ivory EURUSD 1min-- image Lime EURUSD 1min-- image

Bronco Capital's ABCD Harmonic Pattern Journal

Continued... Green EURUSD 1min-- image Aqua EURUSD 1min-- image Silver EURUSD 1min-- image Plum EURUSD 1min-- image Yellow EURUSD 1min-- image

Bronco Capital's ABCD Harmonic Pattern Journal

Monster update with a ton of trades. I did not trade Monday given it was a US holidays, and I usually get burned attempting to trade holidays. I just stood aside. I had a few trades Tuesday, but the market was not conducive to ABCD trading. Today ...

Bronco Capital's ABCD Harmonic Pattern Journal

Itinerant, Yes, this week has been brutal, market just not moving favorably for aggressive C's. I did not trade Monday due to holiday, and barely traded yesterday. Today has also been difficult. Main reason is retraces are only going 38.2 to 50.0% ...

Ratios & Harmonics: a Different Way to Trade

Continued... Plum EURUSD 1min-- image Next up is getting prepared for live trading. I am debating whether to switch my account to MetaTrader or just run them side by side. I duplicated the Plum ABCD on my broker's platform with good success, even ...

Bronco Capital's ABCD Harmonic Pattern Journal

Finish the week of reasonably strong. Finding it very comforting when I have opposing trades that guarantee a profit (or nearly so as there is a low probability chance for loss-loss). I have two trades still in play as seen in the ledger, but they ...

Bronco Capital's ABCD Harmonic Pattern Journal