Hello traders. I took 5 trades today. only the yellow one failed (aggressive C). I expected a deeper correction with that one since there were multible harmonic completions there and a possible Garthley on larger timeframe was in process which ...

Ratios & Harmonics: a Different Way to Trade

Congrats, nice trade with good confluense. Did you went to breakeven when price reached the 38.2? I wasn't home and I only trade YM but I surely would have taken that trade also if I were trading the EUR/USD

Ratios & Harmonics: a Different Way to Trade

I'm slowly making progress

Ratios & Harmonics: a Different Way to Trade

Hey Damian. last trade I had the exact same entry and almost the same exit

Ratios & Harmonics: a Different Way to Trade

Struggled a bit but was able to keep the damage small. -5 points image

Ratios & Harmonics: a Different Way to Trade

Hello, I took 3 trades today but my chart shows 4. The second trade (-13) was some kind of error of my righthand. I wanted to grab my mouse to draw a line but it was still on the buy button and I accidently pressed it. Thank god I was able ...

Ratios & Harmonics: a Different Way to Trade

you're right and the other problem was that I didn't enter at the completion but 2 points lower. I will place next time BE+1 instead of +2 when the swing is that small.

Ratios & Harmonics: a Different Way to Trade

Here is what I mean, stopped out to see target got reached. I was planning to trail it once the 61.8 was reached because it also was a good setup for a C-trade in line with the OF image

Ratios & Harmonics: a Different Way to Trade

I recognize what you say, I am the king of demo trading and backtesting and as soon as I go with my real account, I got stopped out by 1 point to see target gets reached or miss setups. Not that I make big mistakes but a lot of the time it is just ...

Ratios & Harmonics: a Different Way to Trade

Hey Evoc, Here an example of how I play them: 1)Draw a possible AB leg with the fibgrid 2) If price corrects to the 61.8 or more, condition 1 is met (firts yellow arrow) 3)now wait for the 1:1 completion and price should make it to at least the ...

Ratios & Harmonics: a Different Way to Trade

after 3 trades I had to go away and I saw that the moment I left the ABCDs played out beautifull Just bad luck, it's confirmation that the system works image image

Ratios & Harmonics: a Different Way to Trade

Peter, With the 300 trades I was 66% of the time profitable and since the risk/reward is great like you saw on my trades yesterday, a couple of losses are no problem. And I also think that trading with the OF gives a better chance of succes but when ...

Ratios & Harmonics: a Different Way to Trade

Today was a bit frustrating to got stopped out a lot and then to see that target would be reached. First trade was a AB=CD because the 61.8 was almost reached and therefore not an ABCD so I placed my stop behind the 61.8 of the larger swing and that ...

Ratios & Harmonics: a Different Way to Trade

Haha Yes I know, the swings were pretty small today

Ratios & Harmonics: a Different Way to Trade

Finally back to some real trading. I spend allmost whole summer with backtesting and papertrading the D entries of the ABCD. With 300plus trades and every time run and re-run the process it feels very mechanic and the emotions are a lot less. Today ...

Ratios & Harmonics: a Different Way to Trade

I wasn't home at the time but you could have take 2 ABCD completions. I am focusing on these kind of trades and the hitrate is above 70% and the risk/reward is awsome. image

Ratios & Harmonics: a Different Way to Trade

the Garthley that completes in that zone

Ratios & Harmonics: a Different Way to Trade

I had 2 trades today. the first was after a small AB=CD completion and a even smaller one which had the same target for D and since the risk was small I took it and plzaced stop behind the 1.618 of the first leg but got stopped out The second trade ...

Ratios & Harmonics: a Different Way to Trade

Look if you took only the "D"entries today with your stop behind the 168extension of the first swings. This is what I learned on this thread thank you Damian. I see the possibilities and the next step for me is to create time to trade every day and ...

Ratios & Harmonics: a Different Way to Trade

There were a lot of completions and depence on which one you would have taken could gave you a nice return. But the one I was aiming for (going short after the small 1:1 to the upside) would turned out to be a loser and to be honest I missed the ...

Ratios & Harmonics: a Different Way to Trade