1/29/2013 Analysis 3 I will give another example of trend correction fib extension type 1. Honestly, it doesn't 'look' like it could possibly hold, it looks like a top is forming and ready to go down. Also, the trend is rather small compared to the ...

Harmonic Dance

thanks for explaining

Ratios & Harmonics: a Different Way to Trade

1/29/2013 Analysis 2 I am going to start defining the sorts of fib extensions that are acceptable for me. It will based on the general ideal that harmonic impulses tend to travel a harmonic length of the most relevant harmonic impulse. Locally, this ...

Harmonic Dance

hey thanks. do you trade the smaller swings in the main swing, or do you wait for the main swing to retrace to 61.8 in order to trade an abcd, or do you trade smaller ab = cd trades in the main swing?

Ratios & Harmonics: a Different Way to Trade

1/29/2013 Analysis Questions 1. If the price just barely touches prz, does it mean i drew the prz wrong (it still responded to it right, so prz should've included the close price, right?) 2. Should the PRZ zone include the retracement value (which ...

Harmonic Dance

1/29/2013 PRZ I got in at the very end of a large abcd. not quite at the end, somewhere in the middle of the consolidation that occured at the top. I didn't short because it didn't reach the 127 zone. I defined some przs, one i could short from, one ...

Harmonic Dance

1/29/2013 Summary: Trades: 0 Trades Won: 0 Trades Lost: 0 Net Gain: 0 Trading Time: 9:30-10:30 CST Synopsis Nothing much happened, trading main and dominant legs reduces the amount of trades. Still confused on which legs I should trade (see ...

Harmonic Dance

In this case, it went to the completion of a larger abcd. However, you m ightve thought it would go to the completion of a larger abcd way earlier, and not gotten on any of the trades (like i did yesterday). so maybe its just one of those trades. ...

Ratios & Harmonics: a Different Way to Trade

Good night all and thanks for all the tips this is a really good thread with people who are very helpful

Ratios & Harmonics: a Different Way to Trade

the problem isnt identifying them, the problem is which one to trade. i was slightly confused by mr pips comment yesterday that it looked like the bulls were exhausting, and i swear he drew a main leg that was down. I would have identified the main ...

Ratios & Harmonics: a Different Way to Trade

Hey, mr pip never wrote all of his rules down, he filters out aggressive abc and abcds based on considerations that seem subjective to me, because he hasn't written all his rules down. He filters abcds based on offseting impulse legs due to a small ...

Ratios & Harmonics: a Different Way to Trade

Thanks, but i still find deciding to use which main and dominant swing (when theyre nested) a little subjective. This simple ideal would've helped me to decide which main swing to use and then use confluence to decide where to enter. image

Ratios & Harmonics: a Different Way to Trade

I was wondering when you could know a correction is over, because i didn't trade some aggressive Cs because i didn't know if it was over. I was reading the book 'high probability trading strategies' by Rober C Miner, and i came across the ABC 3 wave ...

Ratios & Harmonics: a Different Way to Trade

would you have traded that without the pin bar confirmation? my chart didnt have a pin bar, it just went down.

Ratios & Harmonics: a Different Way to Trade

1/28/2013 General I am getting rid of renko charts, i will instead focus on 100 tick charts and 5 minute charts (to learn how to see swings better, recommended). Also, i have a new format that i am converging to for everything. Each day, Monday to ...

Harmonic Dance

1/28/2013 Goals 1. Utilize 5 minute chart to get a clearer picture of swings. 2. Get two profitable days in a row (this day included!) Finished Goals 1. One day of profit Hallelujah !

Harmonic Dance

1/28/2013 Analysis 2 First, Mr pip's trades today. Im trying to hard apparently. Time to simplify things! image Heres my comments. My excuse was i was confused by the main/dominant nested thing and also there was a pin bar on the abcd he entered, ...

Harmonic Dance

1/28/2013 In analysis 2, i will analyze mr pips trades so i can become better. But first analysis 1. Analysis 1 First, my problem was nested main/dominant swings. Which one to use? so confusing. image Once I master this, everything will be ...

Harmonic Dance

Mr pip, for an abcd whose cd leg extends to below the 127 line, without any other confluence, how do you draw the prz? Do you include the 138 in it too? edit: nvm i see in your chart you drew it including the 138 image

Ratios & Harmonics: a Different Way to Trade

1/28/2013 Trades I entered at the 127 extension, however i did not use the main swing to find confluence (sort of nested in the previous main swing, but this main swing almost reached the top of the previous main swing). But it worked out anyways! ...

Harmonic Dance