1) By instrument i meant the currency pair you are trading. 2) I believe, Your aqua blue ABCD has been invalidated when price has moved above its A point. 3) Structure is more important than fib, don't forget : "Structure is the king". 4) Look to ...

Ratios & Harmonics: a Different Way to Trade

Hi: I redraw your trend lines over the order flows, indeed you have 2 abcd from a shorter term OF and one ABCD from the longer term OF. and you did have the confluence at your A point from a shorter and a longer term abcd both reaching their d point ...

Ratios & Harmonics: a Different Way to Trade

Hi : Update on EURUSD D1: In contrast to my expectation, price choose the 3rd path that i did not expect, and went through the formation of an extended CD leg of the "yellow abcd", exactly to the 1.618 of its "ab" leg fib extension, so i redraw the ...

Ratios & Harmonics: a Different Way to Trade

Hi: On follow up of my USDJPY expectation weekly: The long position i have taken previously on a demo account, is now 217 pips green, and i have drawn my expectations, lets see which path it will take , and what would be the main trend for the next ...

Ratios & Harmonics: a Different Way to Trade

Update on EURUSD D1: My expectation on price action is fulfilled now and smaller abcd is nearly at its "d" point. What do you think would be the future movement of the price..? path (1) or (2) ? image For the time being , the long term trend ...

Ratios & Harmonics: a Different Way to Trade

Hi all: This question has been asked and it was mine too for sometimes:"Is Damian's strategy applicable on any charts, instruments and time frame ?". My own experience tell me that the answer is yes, but i would like to share my observation with you ...

Ratios & Harmonics: a Different Way to Trade

If we all going to be winners like you, then who remains to lose to us...? did you ever thought about that...? Don't tell others your secret....

Ratios & Harmonics: a Different Way to Trade

Hi : Update on EURUSD D1, already 110 pip down, SL moved to BE+ 8 pips, my expected target is around 1.2180 image And same area on H1: image

Ratios & Harmonics: a Different Way to Trade

Do you remember the USDJPY WEEKLY, and my expectation last week? My trade on demo account is 74 pips up now but i have changed my expectation for the next weeks, with another spike of price down before the major bullish movement. Compare the two ...

Ratios & Harmonics: a Different Way to Trade

Hi: 1) I don't think that is a classical AB=CD pattern (As defined in literature). 2) But as you can see even the corrections ,has 1:1 harmonic pattern, and you see it very often. 3)Not necessarily, in most instances CD leg is more sluggish, and ...

Ratios & Harmonics: a Different Way to Trade

This is now what is happening on EURUSD M5 chart: At the end of a correction and before reversal , this pattern is called a Bearish 3 Drive pattern by harmonic trader and/ or, Ending Diagonal by Elliot's waves fans. image

Ratios & Harmonics: a Different Way to Trade

I would say that still my expectation has not failed, and as i said before i expected a complex correction on the completion of AB=CD , and i believe this is it . USDJPY is in complex correction at the moment.

Ratios & Harmonics: a Different Way to Trade

Wait and see if your expectation fail, and you are satisfied that reversal is happening , then take short according to your new short term expectation and order flow

Ratios & Harmonics: a Different Way to Trade

This is how i am seeing your EURUSD M15 chart through my M30 time frame, a respected channel , price touched its upper boundary , correction of the red color order flow to its golden zone and strong red color rectangle of resistance. My SL is above ...

Ratios & Harmonics: a Different Way to Trade

I believe this is the correct order flow that you should be following. Forming what is called an "AB=CD with extended CD leg" CD leg extended to it 161.8 zone ,the most usual fib for this pattern , to form the D point of lower order flow ab=cd. ...

Ratios & Harmonics: a Different Way to Trade

Wrong...? 1) Most important one is that you are mixing different order flow and so get a wrong expectation look at size of your 3 trend lines and where you draw them. 2) you are not paying attention to the higher time frame order flow. 3) Even if ...

Ratios & Harmonics: a Different Way to Trade

Oh , one more point that i forget to mention is that: After the completion of AB=CD, price may go into a complex correction before, reversal. on the basis of what i said , i already entered long with SL below the D point structure and TP around C ...

Ratios & Harmonics: a Different Way to Trade

No i am using MT4 platform , and yes i used the M15 chart because on my screen it was much better simulated and matched pattern on your chart, and yes i consider this nearly a 1:1 completion, because of the confluence in this area. And my advice to ...

Ratios & Harmonics: a Different Way to Trade

Just let me give you an example of how i do see your chart on USDJPY M5 ,may be it would be helpful: image An AB=CD pattern retraced 61.8% to C point ,and completed at 127% fib extension of AB leg at a structure and 1:1 harmonic. what would be the ...

Ratios & Harmonics: a Different Way to Trade

Hi : IMO , the EURUSD general trend would still be bearish for this week with its first target at area between 1.2270 to 1.2235 and second target at 1.2170 to 1.2150 . image

Ratios & Harmonics: a Different Way to Trade