O I thought any sort of confluence is a PRZ. I really like trying to combine abc/abcd with other sorts of confluences. It makes sense if you use the rule i outlined but i took that off of mr pip, but in the chart it made a sudden drop, and isn't ...

Ratios & Harmonics: a Different Way to Trade

Sorry, i guess i shouldnt be posting renko charts, but theyre so pretty im going to start looking at 100 tick chart and 2 pip renko charts, thats a 2 pip renko chart, a width of 1. i think they will complement each other.

Ratios & Harmonics: a Different Way to Trade

Good ideal, i will label the abcds. I was trying to do something like mr pip in this picture. Theres a big main swing up, and its possible that a new dominant will form to the downside, if it breaks the 38.2% fib retracement, if it does, i was ...

Ratios & Harmonics: a Different Way to Trade

[quote=cuchuflito;6397125] Maybe if you had a large aggressive ABC buy, you could look for other buy opportunities during the CD swing? Yeah, ive looked at bill williams but it didn't seem to work to well, though i didn't try to hard either. i guess ...

Ratios & Harmonics: a Different Way to Trade

in which case , the prz might be this? image

Ratios & Harmonics: a Different Way to Trade

Im not sure if i defined this prz correctly. Should i have used one of the leftmost dots for the main swing? image

Ratios & Harmonics: a Different Way to Trade

Good idea! i guess we could do this by (a) identifying a large harmonic structure that hasn't completed. (b) identify possible turning points in the large harmonic structure (what if harmonic structure doesnt complete?) (c) Trade in the direction of ...

Ratios & Harmonics: a Different Way to Trade

Mr pip, What happens when you get stopped out @ break even and then when you get stopped out it triggers another aggressive buy (second abc in this example)? I know you entered later on this example, so you wouldn't have gotten stopped out if you ...

Ratios & Harmonics: a Different Way to Trade

Mr pip, have you foundn that when price stalls right before a prz, it will usually pierce the PRZ (as if its building up momentum to break the prz?).

Ratios & Harmonics: a Different Way to Trade

Mr pip has been trading 255 tick charts which are similar to 1 minute. he gets 25 pips or so pips per trade, alot of the times. so its not too surprising. eurusd spread is pretty low also.

Ratios & Harmonics: a Different Way to Trade

1/26/2013 Weekend Analysis Goals for next week: 1. 1 + profitable day 2. Integrate the usage of renko charts with 100 tick charts. 3. Focus on main and dominant swings. See renko chart below, isnt it nice? I posted the equivalent tick chart for ...

Harmonic Dance

nice! eventually, i also want to trade full time, ive got a while to go but sticking to it everyday. This is the first time ive remotely dedicated myself to trying out forex, even though ive known about it for a while and knew how cool it would be ...

Ratios & Harmonics: a Different Way to Trade

Has anyone tried trading harmonics with renko charts? it looks cleaner. For really tight swings, it stretches things out so you can see the harmonic lengths. of course, if the swing is too small, youll use it on the renko cause it looks stretched ...

Ratios & Harmonics: a Different Way to Trade

1/26/2013 Weekend Analysis And heres how i fit the przs. Notice there was a lot of compression and retracements. Im done for the weekend, enjoy! Hallelujah, one partial week completed! My goal is progressing nicely. Next week my goal is to focus on ...

Harmonic Dance

1/26/2013 Weekend Analysis The primary focus is going to be on using dominant and main swings to determine the most likely PRZs. I will examine a simple formation of a main and dominant swing. There are approximately six potential PRZs that could ...

Harmonic Dance

thanks

Ratios & Harmonics: a Different Way to Trade

How are you doing with harmonics, if you dont mind me asking?

Ratios & Harmonics: a Different Way to Trade

makes sense. i will keep this in mind on monday

Ratios & Harmonics: a Different Way to Trade

Thanks, that makes sense, theyre too small. I guess i was trying to let smaller harmonicslead me into the retracements of the bigger swing, but i guess that wont work, though it is interesting that it sort of reacted. But why does closing below the ...

Ratios & Harmonics: a Different Way to Trade

For example, this is a short i traded. I was like, small harmonics leading into the 50% retracement, perfect!. but no, it had to pierce through it. What did i do wrong here? i ignored the large impulse before, which would've pierced my prz? And i ...

Ratios & Harmonics: a Different Way to Trade