Continued... White30 EURUSD 30min-- image Magenta5 EURUSD 5min-- image Silver EURUSD 1min-- image Magenta5 and Silver were opposing trades that nearly went win-win, but a win-loss still works out as a winning net trade. I really appreciate how ...

Bronco Capital's ABCD Harmonic Pattern Journal

Over the 50 trade mark, looks like trading live starting in March is a go. I had a few pending trades left during (my) overnight with little success. The shorts did not fill while the longs failed. Something to watch going forward. Ledger-- image ...

Bronco Capital's ABCD Harmonic Pattern Journal

Short on trades, but lots of pending orders ready to pounce. Ledger: image Red EURUSD 1min-- image Coral EURUSD 1min-- image Plum EURUSD 1min-- image Coral5 EURUSD 5min-- image The Red+Coral trades from evening 2/12/2013 was interesting in ...

Bronco Capital's ABCD Harmonic Pattern Journal

Continued... Orange EURUSD 1min-- image Pink EURUSD 1min-- image Teal5 EURUSD 5min-- image Lime EURUSD 1min (this one tickled target before going to stop loss)-- image Yellow5 EURUSD 5min-- image

Bronco Capital's ABCD Harmonic Pattern Journal

Data, data, data. Lots of trades today, not the best results, but had a few trades either just tickle the 61.8% level for entries or just tickle to pending limit order for target. Some times they fill, some times they do not. It is part of the game. ...

Bronco Capital's ABCD Harmonic Pattern Journal

Sorry to be rough about "making it more complicated". I think it is human nature to try to know 'why' vs just accepting it. It has taken much effort to forgo caring about why markets do what they do, and condition myself to ask 'if' or 'will' the ...

Ratios & Harmonics: a Different Way to Trade

Exactly, I traded the aggressive C entry, was so close, my EA did not register the trade although the demo market fill algorithm did EURUSD 5min-- image Sadly, I had two short ABCD tests that countered this win. I will post those tonight with ...

Ratios & Harmonics: a Different Way to Trade

Exactly, that is why you cannot trade AB=CD with aggressive C entries. Only ABCD can have aggressive C entries because you have a defined location for entry (close between 61.8 and 78.6) and a defined stop zone (any close beyond 78.6). Trying to do ...

Ratios & Harmonics: a Different Way to Trade

You are making it too complicated. He drew in leg from A to B with fib ratios. Market pulled back to 50% suggesting possible AB=CD. He copied the AB leg to the low of the pullback (point C) to determine possible target point D. Point C can be ...

Ratios & Harmonics: a Different Way to Trade

Reverse your logic. ABCD is only when market reverses between 61.8 and 78.6. A candle closing short of 61.8 or beyond 78.6 is a possible AB=CD, but not a true ABCD. It is very clearly spelled out in his videos. If you did not understand it, watch it ...

Ratios & Harmonics: a Different Way to Trade

Cont-- Lime EURUSD 1min-- image BONUS, I accidentally removed a pending order for a longer term ABCD. Of course it triggered and went to profit. It happens, both in demo and live. Key is to minimize these mistakes. Yellow15 (missed) EURUSD15min-- ...

Bronco Capital's ABCD Harmonic Pattern Journal

Quick update including those hanging trades from Friday-- Only real note was the EUR news that popped the market and took out two short ABCD attempts. Normally I would not double down on positions but right now I am exploring which wave or AB leg ...

Bronco Capital's ABCD Harmonic Pattern Journal

Hella true Horuxito! Just as an example, I put on this ABCD trade today. EURUSD 1min-- image Although the chart shows the 61.8% level hit 3 times, I did not get a fill until the last breach, when it plummeted. Bad luck, although the earlier ...

Ratios & Harmonics: a Different Way to Trade

Depends on how the market is trending (stocks, commodities, forex). Pure trends are hard to play harmonically unless using longer timeframes. Just look at USD/JPY on the daily. Beside a few brief ABCDs related to pullbacks, it has gone straight up. ...

Ratios & Harmonics: a Different Way to Trade

Exactly right. My expectancy for the 30 trades I analyzed yesterday was 0.20 and you can see the possible equity curves in my journal. The key is to get above 0 in such a way as random and out-sized loses/gains do not skew results. For those that do ...

Ratios & Harmonics: a Different Way to Trade

Real quick update for 9-to-5 meeting. Just two trades, much of the move was done early with no longer term ABCDs in play. The two trades were opposing which I prefer as it guarantees me a win and 0.6% return. Sure knowing which of the two works and ...

Bronco Capital's ABCD Harmonic Pattern Journal

Helluva nice chart there, congrats. As stated somewhere else recently, each broker's data feed may be slightly different leading to slightly different patterns. Just as important, unless you use market orders, some of the limit orders at aggressive ...

Ratios & Harmonics: a Different Way to Trade

Nice long, I would have jumped on that quick had I been at my trade desk. My opposing double aggressive C just hit target/stop giving +14.74 and -8.67 for a 1.7 r:r, perfect But darn do I wish the second short at ~1.3392 had filled. Hard mentally ...

Ratios & Harmonics: a Different Way to Trade

I have opposing aggressive C entries in both those PRZs. I am guaranteed a winner and 0.6% return. Although I have a pending sell that was just missed which would lead to an overall short bias. Again, I am just trying to accumulate as many trades as ...

Ratios & Harmonics: a Different Way to Trade

Yes, it is absolutely harmonic because my target is a full move back to B ( = .618AB) and my stop is A ( = .382AB). .618/.382 is 1.618 = perfect harmony I am trading aggressive C with modified rules for stop and target (compared to Mr. Pip). See ...

Ratios & Harmonics: a Different Way to Trade