Nice!!! You cought the sudden bull rocket

Ratios & Harmonics: a Different Way to Trade

It's ok I read it wrong too, but anyway a solid short entry could be coming right up very soon, NSL was made and price is now heading for deep retacement

Ratios & Harmonics: a Different Way to Trade

Hope you went to breakeven, couldnn't find a suitable rotation candle so I didn't take the short.

Ratios & Harmonics: a Different Way to Trade

Hmm, would need Mr. Pip to comment on that. But in my experience, accumulation/consumptions still plays a big role in my trades. Saved me from many possible losing trades.

Ratios & Harmonics: a Different Way to Trade

Cool, I'm waiting for a retracement to enter short.

Ratios & Harmonics: a Different Way to Trade

From the chart, I see that the bears are constantly overpowering the bulls with the stronger bars, and this shows that the bears are accumulating order to go down. So yea, not really a good idea to trade against that I suppose.

Ratios & Harmonics: a Different Way to Trade

+1 Though the intraday expectation is NSH, I'm not going to trade any long trades even after retracement because of how price is compressing slowly upwards to the longterm resistance. I'm going to look for short once price aligns itself with the ...

Ratios & Harmonics: a Different Way to Trade

Awesome execution. May I ask the reasons for entering the trade? I don't have access to the YM charts so I can't tell, but it looks to me that the expectation should be a NSH?

Ratios & Harmonics: a Different Way to Trade

I'm concerned with that huge bull candle, the bears shouldn't have allowed it.

Ratios & Harmonics: a Different Way to Trade

That sudden huge bull candle was unexpected, but looks like another short opportunity might be forming now. Outside my trading time so I'll just observe.

Ratios & Harmonics: a Different Way to Trade

Bears appear to be losing strength at the completion of the 1-to-1 harmonics, decided to take profit for +23 & +21 pips. Good day.

Ratios & Harmonics: a Different Way to Trade

NSL achieved, price almost reached the 127 extension before forming a strong bull bar, trailing SL to above the 38.2

Ratios & Harmonics: a Different Way to Trade

Moved to breakeven

Ratios & Harmonics: a Different Way to Trade

Cool, we're on the same page. I'll go to breakeven at 111.176, just in case the bulls rally upwards again for a complex correction.

Ratios & Harmonics: a Different Way to Trade

USDJPY M5, expectation NSL

Ratios & Harmonics: a Different Way to Trade

Thanks, but I wasn't willing to risk so much because I entered late. Probably shoulnd't have entered at all, I was chasing price I guess. And looks like the clear swing has been taken out as well, probably the bulls are going to retest even further ...

Ratios & Harmonics: a Different Way to Trade

EURUSD M15, expectation NSL (late to the party on M5, but still good risk reward on M15) EDIT : Got taken out, looks like the bulls are intent in changing the expectation.

Ratios & Harmonics: a Different Way to Trade

Got taken out, might look for another short opportunity

Ratios & Harmonics: a Different Way to Trade

Locked in 5 pips above structure at the formation of NSL

Ratios & Harmonics: a Different Way to Trade