Hope you don't mind me analyzing the trade, not trying to prove or disprove it at all. Just participating to learn since I can't trade it with you! See attached, on second look, the area that price is in now IS an area of value.... so price MAY move ...

Ratios & Harmonics: a Different Way to Trade

I think the "mean" or area of value is around the 1.4200 area (1.4203-1.4205 to be more precise) since that seems like where price is oscillating around. Will be interesting to see how it plays out!

Ratios & Harmonics: a Different Way to Trade

Curious, what are your reasons for taking the trade? Wedge?

Ratios & Harmonics: a Different Way to Trade

RIG trade that I am eye balling. If price moves to my AoI (area of interest) then I will buy call 15 or 16 strike call options 1-2 months out without hesitation. Notes on chart for reasons for taking the trade, should the market come to me, which I ...

Ratios & Harmonics: a Different Way to Trade

The human indicator!

Ratios & Harmonics: a Different Way to Trade

You're a pro in the Asian session. I seemed to do much much better during the NY open and typically got killed trading the Asian session.

Ratios & Harmonics: a Different Way to Trade

While I'm saving up some to open a futures account, I figured that I would give equities/options a try in the meantime and will apply the same harmonic patterns of Scott Carney and the methodology that I've learned here from Mr. Pip about the ...

Ratios & Harmonics: a Different Way to Trade

Hi Rocky, this is very interesting and makes sense. For whatever reason though I can't see any of that looking at those numbers... it's just not registering in my brain what I'm looking at exactly.

Ratios & Harmonics: a Different Way to Trade

Mastermind, I'm curious, are you prepared for a potential flash crash of 500 pips at 7lots (approx the GBP flash crash)? What is that, 35k loss if you're in the wrong direction? What do you have in your business plan to handle those black swan ...

Ratios & Harmonics: a Different Way to Trade

Might be the 7 lots

Ratios & Harmonics: a Different Way to Trade

For me, I was more than happy where the trade had gone and was trying to exit. The scary part was to be unable to. It would have been just as scary if not worse if the trade was going against me w that velocity. I closed my fxcm account and will ...

Ratios & Harmonics: a Different Way to Trade

Currently was trading a micro account with .1 to .2 lots and you have a lot of good points there. If I was trading with any decent size and couldn't close out a trade that had that kind of momentum (and if it was going against me even though it ...

Ratios & Harmonics: a Different Way to Trade

Well guys, I'm done with FXCM and will have to save some more money up and trade futures eventually. I entered my trade and went to go put in my stops and the trade took off before I could set my tp order which was going to be at to 8550 mark. I've ...

Ratios & Harmonics: a Different Way to Trade

Gartley USDJPY 233T Edit: Bears took over after a few more candles and trade was stopped out.

Ratios & Harmonics: a Different Way to Trade

The trading universe has a sense of humor. I went short when price seemed to bounce off the consolidation.... after the big bearish candle that took me out of my long. It looked like it was going to be an AB=CD to the downside. Instead, had I left ...

Ratios & Harmonics: a Different Way to Trade

Ah well, the bulls tried.

Ratios & Harmonics: a Different Way to Trade

The intensity haha! Can the bulls save the stop? It's just another trade but when it gets this close, literally right at the stop, and the bulls come in there... can't help but have fighting spirit!

Ratios & Harmonics: a Different Way to Trade

Probably going to get stopped out here, bulls couldn't push through consolidation to the left and there is strong rotation, moved stop just below previous consolidation.

Ratios & Harmonics: a Different Way to Trade

USDJPY 233T long

Ratios & Harmonics: a Different Way to Trade

Good Morning Mr. Pip! I'm not seeing how that is short, could you mark up later your reasoning? Even if a complex correction, it looks like an intra-day new-structure high?

Ratios & Harmonics: a Different Way to Trade