Hi guys, wonderful thread you have going here, I am a firm believer in harmonics. Just wondering if any of you use paid (or free) harmonic screeners or platforms such as Scott Carney's Harmonic Trader, FormationSeeker, etc. I have been thinking ...

Ratios & Harmonics: a Different Way to Trade

As of 1:00am May 29, all EUR/USD positions were in profit. By 5:00am May 29, I had been margin called. Market dropped approximately 230 pips in 29 hours. Horrible trade management. Horrible money management. This is what I've always done and was ...

Time for Change - Pivots & Harmonics to freedom

Next, identified a Bullish Bat harmonic on the weekly, EUR/USD. Weekly time frame may be too much to handle but will keep this bat in mind. Entered long per pivot at S61. Notice how price is respecting the pivots. Stops must be at least 25 pips from ...

Time for Change - Pivots & Harmonics to freedom

OK first trade. Saw USD/JPY bounce cleanly off of S38 at approx 7:30-8am. Took profit at first hault in price. Should have let the profit ride all the way to the pivot, as price is always trying to get back to the pivot (back to the mean). Clear ...

Time for Change - Pivots & Harmonics to freedom

Just curious for those of you who trade EUR/USD using this system, would you be willing to share what has worked best for you in terms of how long you wait after the 5pm Eastern open before looking for a trade? Seems there would be a lot of false ...

Highest Open / Lowest Open Trade

Yup it sucks! Times like this you either gotta stay flat, scalp, or pick a side and wait. Hopefully it breaks out soon! Waste of time for swing traders!

AUD/USD

I also identified this Bullish Bat scenario exactly the same as you did and took the long as well. Took the aggressive C short too, per Mr. Pip's strategy. I am new to harmonics and am glad to see that others share my view. Thanks for your post!

AUD/USD

What do you all think about this: Large institutional investors want to take profits on their eu shorts after such a sustained move, in order to lock in profits. To take profits, they must buy, which would move the market up against them as they ...

EURUSD

Fundamentals aside, we never tested parity since the landslide.

AUD/USD

100% agree. COT reports are one thing but probably not best practice to determine trades based on FF member holdings

EURUSD

Close. Reverb pedal. Gives that echoey sound...

EURUSD

IMO the best way to make money in NY session doldrums is to trade intraday binary options. People always overestimate volatility during this time. Find the option(s) that overestimate it the most and trade accordingly. You can make as much as you ...

EURUSD

On a hourly close above 3540 I will place a limit long at 3533 with a stop at 3518. Could see some end of week profit taking. Targeting 3560.

EURUSD

Even better

EURUSD

I'd have to assume price retracement zone.

EURUSD

Nice chart. Are you expecting it to get back over 36?

EURUSD

Same here. Targeting 3620. What are you targeting?

EURUSD

Great point. Pro traders usually use the term "levels" instead of S/R because S/R refers to past PA, while hitting a current level may or may not provide S/R.

EURUSD

TD = TD Ameritrade which operates ThinkorSwim. They run $7.00 round turns (all inclusive) which is a bit higher than average. Be aware that many places will state something like $0.30 per side but that is not inclusive of exchange and regulatory ...

EURUSD