Yes, scaling in / averaging down one level I think can be an nice approach on this one if or when it comes in play . IMO the very round levels like 1.20. 1.30 etc are kind of golden levels by themself. And mostly IME price moves some distance ...

$ Millionaire Traders Golden Price Mining

Good morning I took a countertrend since trendline is down. Also on 15M chart it is expectation NSL. I was waiting after the NSH because of news that was coming out and it did not make any NSH after news so I took risk with small SL ( 12 pips ) ...

Ratios & Harmonics: a Different Way to Trade

Yes, I see that one now, nice. Also more then 200 pips up to daily 200 MA Retracement from first test fib50 ( that also was in confluence with sma 200 at that time) was going 400 pips. So here should be potential imo . Or what do you think?

$ Millionaire Traders Golden Price Mining

USDCHF Close to Fib 61.8 and structure from april 2015 level now. So this level I think is worth to watch. Level also was acting as resistance and support in 2014

$ Millionaire Traders Golden Price Mining

Nice . I didn't see the trendline. Has added it to my charts .

$ Millionaire Traders Golden Price Mining

Thank you Quinton . Also Eur/Jpy there is some level in attached charts that I have added to my watchlist. Fib ext 138.2 from the last structure. ( TP target) that is in confluence with fib retracement 38.2 and structure December.

$ Millionaire Traders Golden Price Mining

Excellent thread Quinton . Follow with interest . I did a study at your chart @Karpa for nzdusd And what I found is that the levels you identify up at 0.7200 area has also fib 61.8 and 38.2 from 2 different measurments of legs that I show in ...

$ Millionaire Traders Golden Price Mining

E/U First entry after Non farm I jumped in at first sign of retracement . Could have waited a little bit would have got me in at a 10 pip better price. I had initial SL 20 pips . Target was in 1.1325 area. Added to the position at retracement and ...

Ratios & Harmonics: a Different Way to Trade

Nice one. I was stopped out twice . One for BE and one for -6 pips and did not go in again since it was a little bit choppy on 144 ticks. Looks like you nailed it Saw your edit now . Very good. Trade demo as real account and real account as demo ...

Ratios & Harmonics: a Different Way to Trade

E/U Got 2 inexpensive entries with Risk appr 5 pips for each of them. Taken out at trailstop for both entries and are up 18 pips so far for the day here. Had ambitious target below daily Pivot R1 area. Look for new opportunities to get in.

Ratios & Harmonics: a Different Way to Trade

Vey well done I was burning some pips on my expectation. Overall up a some pips for the day. Big mistake my entry after news long ( loser 11.5 pips ) . It happens trading the news. Did not wait for candle close before entry and it turned to a ...

Ratios & Harmonics: a Different Way to Trade

Exactly. I try to do this. By reducing tick size you get in quicker with smaller risk. Same if you trade on f.ex 15M has defined S&R and take your entry on f.ex 5M charts . And as you say it becomes more losers but Risk is smaller for the single ...

Ratios & Harmonics: a Different Way to Trade

Good plan . But now already it makes NSH on my charts. I did not get in because its to big bars and to much pips to risk for SL for me.

Ratios & Harmonics: a Different Way to Trade

Had to look my charts several times now. I dont understand. 1 . It is not Nonfarm today 2. I have completely other price feed then you for eurusd . and it is stable up today. And I checked price feed with 3 brokers. Or this is from the Asian ...

Ratios & Harmonics: a Different Way to Trade

I will say yes. I always keep an eye on 15M charts too. ) Anyway I was taken out from that one now with full SL 12 pips. Did not move BE since there was no new stuctures from retracement for the micro swings and first retracement making new stucture ...

Ratios & Harmonics: a Different Way to Trade

Maybee a little bit early entry on the first one ( taken on weakness but from nice area ) I saw a good short there but did not jump in waiting news. I will say well done . No movement on news for cable to speak about. Support has hold and I am ...

Ratios & Harmonics: a Different Way to Trade

I was qte sure it would go up and test the 1.44 level . The question was when. I also had my doubts because of the LH at the retest. Was getting confidence that it could be the test again when 38.2 level was holding. Anyway not always the best time ...

Ratios & Harmonics: a Different Way to Trade

Got it back now Was close to SL 2.5 pips away . Risk was 10 pips so close to R:R 1:2 Was getting bad fill on this one too I was pulling the trigger at the close of the bull candle and was filled in the top almost of next.

Ratios & Harmonics: a Different Way to Trade

Nice E/U trade. I was trying to get in cheap on cable on retracement and it was at news time so I took the risk 8 pips. Had to pay them . Taken out to the pip.

Ratios & Harmonics: a Different Way to Trade

Very well done . You catched all the move .

Ratios & Harmonics: a Different Way to Trade