Heres a trade that i accidently set the sl to 1 pip and got stopped out. woops A nested butterfly and a larger gartley, GBPJPY. Very nice RR ratio! Maybe thats because i set the sl to 2 pips above X, but it was a large gartley pattern (so ...

Ratios & Harmonics: a Different Way to Trade

I was trying to relate the lengths of swings to each other, seeing that they are in fib ratios. I was wondering at what point a swing became invalidated (it is not harmonically related to current price action).

Ratios & Harmonics: a Different Way to Trade

1/21/2012 Charts image This was an aggressive ABCD that i missed. Notice that the ABCD sell didn't trigger because price has to close in the prz, or close near the prz and show a rejection candle. (this isnt a rule yet, but i might make it). This ...

Harmonic Dance

1/21/2012 Summary Pips gained: 0 Net Gain: -0.1% Trades: 1 Trading Time: 10:30 - 11:30 CST Synopsis So frustrating! I put my sl to 1 pip because I was looking at the sl level of a previous trade that didn't execute. Arg! And such a beautiful RR ...

Harmonic Dance

I will post PRZs that i drew and also trades. The trades will have entry price, stop loss (SL), take profit (TP), and break even (BE) levels marked on the chart. PRZs are simply areas of confluence that i do not trade, because i do not have rules ...

Harmonic Dance

Wow, price slid right through this PRZ. Im quite sure not all PRZs are equal, there must have been a larger harmonic pulse that hadnt completed yet. PRZ reason: AB = CD, 161.8% AB extension, 61.8% , structure. Ill bet it will test the prz and then ...

Ratios & Harmonics: a Different Way to Trade

I shouldnt have placed the trade because i didn't have enough capital to trade such a stoploss on my account. smallest lots is 0.01, so i need to just trade 1 minute timeframe and not have 20 pip+ stops while risking 1% of account. next time i will ...

Ratios & Harmonics: a Different Way to Trade

The top could have been pinpointed on the gbpjpy through confluence. 78.6% zone , 50% zone, impulse wave, 200% extension. I put too tight of a stoploss on the sell, so got stopped out it happens. cant trade the 15 minute timeframe on my account! ...

Ratios & Harmonics: a Different Way to Trade

Hope youve been having a great time! Heres one i was wondering about. It seems PRZs are just where price reacts. Will it bounce or pierce it, most of the time. Is there an edge? Thats the problem ive had with resistance/support. It seems some PRZs ...

Ratios & Harmonics: a Different Way to Trade

Now i have a real small live account, so i will be documenting my trades with REASONS. cool eh First trade. Pending order @ 143.04, sl 7 pips, tp 142.88 Reason: Completion of large AB=CD and small ABCD. watch it go down without hitting my order. ...

Ratios & Harmonics: a Different Way to Trade

it doesnt matter. im just demoing now, you can convert commission to spread in pips, and then ccompare to brokers whicih dont have commission.

Ratios & Harmonics: a Different Way to Trade

mr pip, what makes the prz of a bat succeed more than any of the other complex pattern PRZs?

Ratios & Harmonics: a Different Way to Trade

Hey, thanks. Im trying to hamer out some rules for what swings to draw fib extensions from, based on what seems to work from the charts. agreed, its just sort of interesting for me. I guess main and dominant swings are a way of defining the most ...

Ratios & Harmonics: a Different Way to Trade

Interesting stuff. I took the chart of USDCAD and drew the vertical length of some swings (which were pretty much vertical anyways) and one diagonal. So basically harmonics is saying that the vertical length of waves are related by the fib ratios. ...

Ratios & Harmonics: a Different Way to Trade

Just for fun, ive been practicing copying impulse waves on sharp turnarounds, and defining przs that way. i have no clue how valid this is. heres euraud, 15 minute. maybe theres a harmonic way to more cleanly describe this phenomenon of similar ...

Ratios & Harmonics: a Different Way to Trade

For practice. critique welcome. I only included PRZs to the bearish side because i 'believe' that price has to pick up some momentum before it can pierce the top prz, and the przs would be really high up anyways, plenty of time to react. edit: why ...

Ratios & Harmonics: a Different Way to Trade

mr pip, on the abcd 38.2 retracement of BC for moving to break even, what if it just wicks through it and doesn't close beyond it? do we still move to break even? For example, heres a chart of the euraud, it pierced 38.2 and didnt close beyond it. ...

Ratios & Harmonics: a Different Way to Trade

ive noticed that aggressive ABC and ABCD trades are more accurate when they have confluence and structure, instead of just taking it off the 61.8 line. sometimes it will go past the 78.6 line just because theres a harmonic pulse that ends ...

Ratios & Harmonics: a Different Way to Trade

very encouraging! happy weekend!

Ratios & Harmonics: a Different Way to Trade