Ouch, yeah, that USD/JPY short was not fun! Anyway, thanks very much Matt's Micro and Masterrmind for the detailed commentary on the set up and entry considerations. Hopefully I will learn something from this one! Happy trading to all.

Ratios & Harmonics: a Different Way to Trade

Thanks! Please let us know if you enter and where. I want to observe how more experienced traders identify good entries live.

Ratios & Harmonics: a Different Way to Trade

I hear you, I am trading a real account, but am trading the smallest position size possible and am just winning or losing a few dollars per trade. Still, I find there's something psychological about using real money vs demo, I feel more ...

Ratios & Harmonics: a Different Way to Trade

Well, I went short USD/JPY on account of a completed Gartely in a PRZ I have been watching awhile (the ABCD of which is shown in Matt's chart- I would post a picture but I'm away from my trading computer atm.) I placed the stops and limit orders as ...

Ratios & Harmonics: a Different Way to Trade

Well, I had some really good trades in January and a great month overall, so I thought I "got it" and was expecting to do even better this month, but so far February has been awful for me, just a string of losses. It's made me question whether my ...

Ratios & Harmonics: a Different Way to Trade

Thanks! Yes it is very interesting to see that one looks like it is playing out after all-- although I'm still glad I'm not in it because of the glacial movement. Awesome to see some trades that have worked out well posted here today! I went long ...

Ratios & Harmonics: a Different Way to Trade

Hi Matt, Thanks for looking at my chart and sharing your thoughts. I think you are right that a break above the PRZ would be a good confirmation at this point-- as it is, price is now sinking lower again. And it has been dancing around in the PRZ ...

Ratios & Harmonics: a Different Way to Trade

Weird, I see it, but it is showing up as a link to click on. Let me try again. image

Ratios & Harmonics: a Different Way to Trade

I completely agree, Matt. Okay, so I am looking at the AUD/USD hourly chart. I see the completion of a one to one, marked in black lines on my chart. I realize that one could argue the A point should be higher, but this is such a defined and ...

Ratios & Harmonics: a Different Way to Trade

Good morning everyone. Nice trades, Jamos and honestknave! I did end up taking the USD/JPY short I was posting about yesterday. TP was the .618 of the ABCD; it was hit overnight. image

Ratios & Harmonics: a Different Way to Trade

You are right. . . as it turns out I would have done much better to have taken a short if I was going to trade there at all! Thanks for the help with the review analysis.

Ratios & Harmonics: a Different Way to Trade

Thanks! I don't know how that works with uptrend vs downtrend either. The candle I was watching just closed ten pips below the trendline. I may still enter on this one eventually, but will keep watching the price action for now. Too many times I've ...

Ratios & Harmonics: a Different Way to Trade

USD/JPY hourly. Price currently at convergence of a shorter term one to one (marked on chart in black) and longer term trendline. I am just itching to short, but hesitate because of momentum. I think I may just watch this one. It should be ...

Ratios & Harmonics: a Different Way to Trade

-26.7 pips. Perhaps this was a trade I should not have entered? image

Ratios & Harmonics: a Different Way to Trade

I am long GBP/USD, based on consolidation around the .382 of a longer term upswing confluent with at least some previous structure, and seeing PA rejection of the level. Am away from my computer now but will post a chart later showing how it plays ...

Ratios & Harmonics: a Different Way to Trade

I guess this was more of a quick scalp than anything, but it was one made wholly with the principles of orderflow and structure I've learned from this thread. Yay Mr. Pip! I came to check the computer to see how the currencies were faring after the ...

Ratios & Harmonics: a Different Way to Trade

Well, I made some pips tonight. There is nothing at all strategic about these exits. I noticed that my account was finally back at a level I had been wanting it to be, so I took the money and ran. I may kick myself for that later, right now it's ...

Ratios & Harmonics: a Different Way to Trade

Beautiful!

Ratios & Harmonics: a Different Way to Trade

Well, here is that drop I was talking about anticipating yesterday. Q. Did I profit from this? A. Unfortunately not, as my attempts at shorting were cancelled by improper stop placement. I tend to place a stop where I don't *want* price to go, ...

Ratios & Harmonics: a Different Way to Trade

Trying that short again, currently -1. A little concerned about the likelihood of this one playing out here. Perhaps I should have waited to enter later after the appearance of a more decisive bearish candle. Time will tell. image

Ratios & Harmonics: a Different Way to Trade