Ahhh, of course I decide to start a thread, then have a crap trading day. But that is the way it goes, win some, lose some, just hope to win a few more. THE RULES-- **Remember, this is a system development journal, it is not complete nor refined, ...

Bronco Capital's ABCD Harmonic Pattern Journal

It happens, so was I. I played the ABCD short using that down wave you used as your first leg. It did trigger 61.8% then moved 61.8% favorably (aka Mr. Pips aggressive C target) only to retrace. I hedged that trade with a long ABCD, so roughly B/E ...

Ratios & Harmonics: a Different Way to Trade

Good morning traders-- I wanted to provide a look at the future. Here is a screenshot of my trading yesterday. EURUSD 1min image It was a busy day, maybe, slightly over traded, but I am currently in the process of getting enough trade to have ...

Bronco Capital's ABCD Harmonic Pattern Journal

Hey Guys, A quick update, and probably my final one in this thread as I am creating my own Journal on ForexFactory. Mr. Pip has a great thread here and I think he should keep it focused on his teachings. We can post our learnings elsewhere. I will ...

Ratios & Harmonics: a Different Way to Trade

Well, A suggestion, put your trades in the Journal Section of ForexFactory. I too am starting a journal. In doing this, we keep Mr. Pip's thread on track and do not dilute it with a bunch of posts. I am posting my last update shortly. Still follow ...

Ratios & Harmonics: a Different Way to Trade

Do not go there man! This is indicator and template free zone. Your eyes are the only indicator you need! And this is not a turn-key forex ATM. There are no EAs, no 90% win rates. You watch, you participate, you learn, you succeed. Hard work ...

Ratios & Harmonics: a Different Way to Trade

An ABCD Example EURUSD 15min chart image So, a major down wave in the EURUSD occurs from 1.33932 to 1.33340. This gives an AB leg of 59.2 pips. The market then retraces higher reaching both the 0.618AB level (at 1.33706) and 0.786AB level (at ...

Bronco Capital's ABCD Harmonic Pattern Journal

The ABCD Pattern-- The ABCD Pattern is defined by four points labeled A, B, C, and D. The points define a repeated style of market movement on (almost) all time frames and in (almost) all markets. Picture is worth 1000 words-- image But words can ...

Bronco Capital's ABCD Harmonic Pattern Journal

Mid-day Update (Bary, I will check PMs after this) EURUSD 1min image So, first of all, I am testing with my current broker. I stopped trading this account awhile ago, but when I do go live again, I will be using their platform, hence the new style ...

Ratios & Harmonics: a Different Way to Trade

JB, Your image is not showing, this is the correct link ( url ). Remember, some trades just do not work out. BE is a win in Mr. Pip's book, if I remember correctly. If you start choking down trades for smaller wins, your R:R gets skewed to the risk ...

Ratios & Harmonics: a Different Way to Trade

I believe it just hit 61.8% if you have that target. If so, awesome, I am still in until level A is reached. Remarkable move so far. Looking for retracement at some point. And I should have had that long order entered. Starry--This is what you were ...

Ratios & Harmonics: a Different Way to Trade

Sho, I am in that ABCD with entries at both 61.8% and 78.6%. It has a long way to go, but so far, so good. Nice spotting of the setup!

Ratios & Harmonics: a Different Way to Trade

Hey Starry, I would like to toss some assistance and wisdom your way, hopefully. Nobody can deny you are not trying, so keep it up no matter what. Trust me, I have been working on this for years and I know I could be trading as well as Mr. Pip had I ...

Ratios & Harmonics: a Different Way to Trade

Fantastic!

Ratios & Harmonics: a Different Way to Trade

Ha! Thanks, that makes sense. Wondered how they could be so far off. As for the trades, ultimately, who knows what I would have taken. Yes, white was a ballsy trade and looking back it would have been a forced, bottom picking trade. Later, we could ...

Ratios & Harmonics: a Different Way to Trade

Starry, While I do not like doing this after the fact, here is what I probably would have traded on your chart. Before getting into it, our feeds show way, way different charts, so what I plot may not match yours. Also, I do not know your exact ...

Ratios & Harmonics: a Different Way to Trade

Yup, looks good. Amazing how it danced with the 78.6% but did not close below it. That structure provided much needed support. It is a huge move, but with proper risk, would be worth a shot. Nice find. I really enjoy looking at these longer term ...

Ratios & Harmonics: a Different Way to Trade

And here is likely my final screenshot of the day. I did end up netting right at 2%, a little slippage on that EUR tankage. I just step away when the charts break after news like that. I think you either need to go much longer time frame or very, ...

Ratios & Harmonics: a Different Way to Trade

Alij, I believe Mr. Pip was planning this today but got pulled away from keyboard. So keep watching the markets and I think he will have some new information coming soon. Cheers and Happy Trading

Ratios & Harmonics: a Different Way to Trade