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Harmonic1976 replied Nov 16, 2016I'm hoping to get short closer to the top of structure there, will wait for a rotation there and be aggressive on the sell if/when it occurs. Hope it works out better than yesterday my friend.
Ratios & Harmonics: a Different Way to Trade
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Harmonic1976 replied Nov 16, 2016Previous entry as posted, taken out by trying to trail .38 behind high and price. It's ok, small profit. +78 pips for the day
Ratios & Harmonics: a Different Way to Trade
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Harmonic1976 replied Nov 16, 2016Bearish Bat Pattern, looks like everything could potentially sync up here!
Ratios & Harmonics: a Different Way to Trade
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Harmonic1976 replied Nov 16, 2016I added a bit to my analysis and went ahead and placed a pending order following the same previous entry, at the bottom of the last bullish candle before the impulse down. It corresponds nearly perfectly to the .886 retracement and that's where I ...
Ratios & Harmonics: a Different Way to Trade
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Harmonic1976 replied Nov 16, 2016EURUSD moving upward but I think the PRZ is very strong, there is resistance at the red line area, and there is a major AB=CD completion as well as a minor AB=CD completion in that zone. Looking for selling opportunity there
Ratios & Harmonics: a Different Way to Trade
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Harmonic1976 replied Nov 16, 2016Good to see in hindsight, target would have been hit for 61 pips. Trade management one being in a trade is going to be my major focus at this point. I rang the register at +25, I did not capture 70% of the move
I captured 41% so definitely ...Ratios & Harmonics: a Different Way to Trade
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Harmonic1976 replied Nov 16, 2016I get what you're saying with the representation as your bullish "low" may be different than a typical 5min candle low provided by a retail forex broker. I use FXCM, and it's just a pattern that I saw occurring over and over, levels weren't hitting ...
Ratios & Harmonics: a Different Way to Trade
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Harmonic1976 replied Nov 16, 2016I was expecting a temporary pullback but yes, the biggest challenge I have is not seeing and understanding your strategy or market structure, its holding on to let profits run. I know price doesn't move in a straight line typically (unlike the ...
Ratios & Harmonics: a Different Way to Trade
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Harmonic1976 replied Nov 16, 2016I think what's more likely to happen is an AB=CD upward since the B part pulled back so deep, and even though the expectation should be a NSL, the expectation is more likely to fail
Ratios & Harmonics: a Different Way to Trade
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Harmonic1976 replied Nov 16, 2016Considering an AB=CD trade around the 1.27 extension but will have to go to break even or take profit at the .382 The true AB=CD would look like a double top and double bottom, but price could extend to the 1.27 area and if it does I will trade the ...
Ratios & Harmonics: a Different Way to Trade
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Harmonic1976 replied Nov 16, 2016Definitely need to learn to hang on, headed straight for a test to structure. I may try using the .382 trailing to take me out
Ratios & Harmonics: a Different Way to Trade
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Harmonic1976 replied Nov 16, 2016Again, this seems to work best if there is a lot of momentum going in one direction then bouncing back with a lot of momentum like the previous posts pictured. I don't know how it works with weaker looking setups but these momentum plays in the ...
Ratios & Harmonics: a Different Way to Trade
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Harmonic1976 replied Nov 16, 2016Exited at +17 pips You can see how from my previous post how scary it looks but it does offer good risk to reward if expectations play out.
Ratios & Harmonics: a Different Way to Trade
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Harmonic1976 replied Nov 16, 2016Just took a EURUSD trade south with same idea. Again scary as heck, price hit the level and quickly pulled back, we will see what happens.
Ratios & Harmonics: a Different Way to Trade
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Harmonic1976 replied Nov 16, 2016USDJPY is testing structure, I already rang the register at +25, it is at +41 now, have to learn to hold on like you do!!! If I have the balls to enter with this method, I need the same balls on exit

Ratios & Harmonics: a Different Way to Trade
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Harmonic1976 replied Nov 16, 2016Here is a trade that I took yesterday following the same idea, entry at the bottom of the last bullish candle before impulse down, expectation played out. I will post more of these as I trade these setups and will post the results of how they play ...
Ratios & Harmonics: a Different Way to Trade
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Harmonic1976 replied Nov 16, 2016Yeah this is a little different, I was doing ratio entries but I had a theory that the last bullish bar was people who believed price was going to go up from there but it didn't, so that bar would be their graceful exit. When there is confluence ...
Ratios & Harmonics: a Different Way to Trade
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Harmonic1976 replied Nov 16, 2016If my expectation is bearish, then I enter at the bottom of the LAST BULLISH candle before the impulse leg down, my order is preset there. Ideally the entry will be in the .618 to .786 range and I will enter the order with the stop loss above ...
Ratios & Harmonics: a Different Way to Trade
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Harmonic1976 replied Nov 16, 2016It seems aggressive but I believe I've found a way to enter at close to the best possible "wholesale" price should price play out as expected. This creates the best risk/reward ratio. Trade and trade again it seems to play out within a few pips. ...
Ratios & Harmonics: a Different Way to Trade