And there is the kicker - to TP and beyond after a retest to the pip. image Nevertheless, with the trade left unattended a BE stop was correct course of action.

Ratios & Harmonics: a Different Way to Trade

This isn't a criticism - or even an observation - because I don't trade cable and I don't know what your set up was. I'm using the quote simply as a catalyst for discussion (it's a painfully slow day on fibre!) When price doesn't react how we expect ...

Ratios & Harmonics: a Different Way to Trade

Needed to head out so left this one with SL at BE. Came back to see the SL tripped (actually -0.5 pip). I've left a couple of verboten blue lines on the chart which I won't comment on image So far, one BE trade making for a very meager day. But ...

Ratios & Harmonics: a Different Way to Trade

Let's see how this short plays out: image Edit: The entry arrow is highlighting the line... not the actual time I entered!

Ratios & Harmonics: a Different Way to Trade

A painfully slow 12 hours on EURUSD The bears finally mustered a push through 1.13000 but a lack of conviction post-breakout would have me leaning towards a failure on a normal day. However, a conference announcement could push this either ...

Ratios & Harmonics: a Different Way to Trade

Beautiful trade - nested AB=CD's, with the second one showing weakness. Very powerful

Ratios & Harmonics: a Different Way to Trade

Hello bodring, Welcome to the thread! I won't comment on whether that is a bat, because I deliberately don't trade animals any more... I'm a reformed zoo keeper But I will offer you some alternative thoughts (not a comprehensive analysis) about ...

Ratios & Harmonics: a Different Way to Trade

Hi beepbop2015, That's the right attitude i.e. don't quit, but step back and reassess the situation. It has been a very strange market the last few weeks which makes it hard to read, and even harder to learn on. Looking forward to seeing your charts ...

Ratios & Harmonics: a Different Way to Trade

Personally, I believe fibs must be drawn from clear and obvious points. Our entry points are quite arbitrary in the big scheme of things... Sometimes we enter early, sometimes late. So we can't expect price to respect a fib drawn from a clear and ...

Ratios & Harmonics: a Different Way to Trade

Musing out loud (and clearly out of my depth)... It is generally accepted that more people lose than win. If betting gets treated as a profession, does this not allow people to offset their losses against other forms of taxable income. Which would ...

UK tax position on trading profits

Yeah, its difficult today. I'm having to pull all the tools out the bag! Back in short again... need to clean up the chart before I post as it has lots of verboten on it Edit: nevermind - BE!

Ratios & Harmonics: a Different Way to Trade

Closed out +13 pips image

Ratios & Harmonics: a Different Way to Trade

Hello fxnikolaev, Welcome to the thread! I'll offer you a slightly different look at your chart (without using gartley or animals). You have some nice confluence of two AB=CD patterns plus 78.6% retracement. But the bulls have really shown some ...

Ratios & Harmonics: a Different Way to Trade

Well it's running out of chances before I close it If there hadn't been such a marked decrease in momentum running into the BE point I would have closed it out already. image

Ratios & Harmonics: a Different Way to Trade

Several hurdles for this trade before 1:1... not least the RN it is currently battling. Let's see how it goes! image

Ratios & Harmonics: a Different Way to Trade

Yes, sorry about that Here is a 'traditional' short opportunity on EURUSD that I missed. image

Ratios & Harmonics: a Different Way to Trade

Very true! Nice write up, thanks You're right about the potential... let's hope the thread manages to stay alive. A shame that Mr. Pip no longer seems to be posting

Ratios & Harmonics: a Different Way to Trade

Am I imagining it, or has the thread dried up lately? I wonder what the reason is... if any of you are watching but no longer posting please let us know In the meantime, I'm going to stop posting trades with trend lines, pivot points, ...

Ratios & Harmonics: a Different Way to Trade

Update: TP hit for +24 pips image

Ratios & Harmonics: a Different Way to Trade