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Harmonic1976 replied Feb 1, 2017This looks like a perfect opportunity to go long to me for a 1:1 rotation upwards
Ratios & Harmonics: a Different Way to Trade
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Harmonic1976 replied Feb 1, 2017Wow, very impressive trading!
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Harmonic1976 replied Feb 1, 2017I see, so do you wait for price to "re-test" the new supply zone or do you short immediately when you see imbalance if you predetermined that area to be a supply/demand zone? Also are your footprints volume based typically? If so, what volume do you ...
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Harmonic1976 replied Jan 31, 2017Hope I did this right, wasn't sure how to organize the bars - so organized them by 5min but can do tick size, range, etc. Lately I haven't cared much about "time" as much as volume traded at price. Let me know what you think/see here from the ...
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Harmonic1976 replied Jan 31, 2017Thank you Rocky! I'm at the "day job" right now but will try to get to it later tonight. Thanks so much!
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Harmonic1976 replied Jan 31, 2017I used to keep the screen simple but after countless hours trading micro lots and studying what I was doing wrong and learning from Mr. Pip (Damian), FT71, and Rocky.... I am now using a combination of all of it. Harmonics/Projections/Supply ...
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Harmonic1976 replied Jan 31, 2017I have a hard time capturing that type of footprint (using sierra charts). I've been trying to find a way to get the footprint setup so that it is useful (i.e. using ranges, or tick counts, etc) but so far I'm unable to find "imbalance" on the ...
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Harmonic1976 replied Jan 30, 2017GC (Gold) Scalping around the position +29 ticks so far. Bulls aren't showing much strength but neither are the bears so far. Overall outlook still bearish due to PA in the zone as marked before.
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Harmonic1976 replied Jan 28, 2017Might start trying to trade Gold micro contracts. Here is my analysis on a 240min (4H) chart. Edit: I had to redraw my fibs (photo hasn't been updated). When I zoomed out a little more there was a slightly lower low but it doesn't drastically change ...
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Harmonic1976 replied Jan 27, 2017Got it, thank you!
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Harmonic1976 replied Jan 27, 2017@X3M Paralell lines for forming channels within PF area? Not sure what the parallel lines part means. @Rocky - I'm going backwards from this page until I meet up with where I stopped over the holidays (about 24 pages that I haven't read) and I'm ...
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Harmonic1976 replied Jan 27, 2017Price hit the .618 and supply zone and immediately fell back, it didn't hang there at all. I was tempted to leave a pending order there with a 15 pt stop but decided against it. Unfortunately it happened right after I left for the day job so I ...
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Harmonic1976 replied Jan 26, 2017I see what you mean, good points. I will keep an eye out for that going forward and start to train myself to zoom on orderflow in those areas if I'm amble to. I am in a situation where I can only trade during the Asian session or for an hour or two ...
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Harmonic1976 replied Jan 26, 2017Feedback welcome! I think price is going to continue to compress during the Asian session and breakout to hit a demand or supply zone during the London Session and reverse.
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Harmonic1976 replied Jan 26, 2017Thanks Rocky, I used the microsoft "Snipping Tool", you can cut out the screen however you want and you can even mark it up in different colors. You can't type with it but it's good to draw quick studies on top of charts like the red/green arrows ...
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Harmonic1976 replied Jan 26, 2017Thank you for the good points! I have to say that I just traded my first Iceberg order, I saw heavy bids getting hit but price would only fluctuate 1-2pts, so I went ahead and placed 1 lot as a bid where the sellers were trying to push through and ...
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Harmonic1976 replied Jan 26, 2017Looks like a good buying opportunity setting up on the E6 in line with PF and 1H demand. What are your thoughts Rocky?
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Harmonic1976 replied Jan 25, 2017This looks like a completely different pitchfork on my charting software. Using 250ticks (previous was 5min bars).
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Harmonic1976 replied Jan 25, 20176E - Was taken out for -10 pts. I wasn't able to be in front of my desktop with jigsaw tools but I did some analysis on the Euro and it looked like a good shorting opportunity and PA seemed to confirm that. Looking for re-entry since at possible ...
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Harmonic1976 replied Jan 24, 2017Looks like a good setup, keep in mind your stop theoretically needs to go below the 112.89 level if following Mr. Pip's guidance. Placing it under that current swing like you are is likely to get stopped out at London Open before heading in the ...
Ratios & Harmonics: a Different Way to Trade