I would say that your expectation wasn't misplaced. The longer term order flow was bearish; therefore, it would make sense to anticipate a reversal at the completion of Point D. Also, you had confluence: 1) completion of ABCD; 2) 78.6 retracement of ...

Ratios & Harmonics: a Different Way to Trade

Congrats on an excellent trade. I was down on a lower TF (15M to be exact). Based on the PA I was seeing there, it looked like the longer term order flow on that TF was bearish; whereas, the shorter term order flow was bullish. Hence, my expectation ...

Ratios & Harmonics: a Different Way to Trade

Update on EUR/JPY 15M TF. Looks like the bulls have taken over. Any thoughts towards the development of a Bearish Crab/Gartley are gone.

Ratios & Harmonics: a Different Way to Trade

Update on the EUR/JPY 15M Potential Bearish Gartley. The 78.6 retracement, which coincides with resistance, is being tested. The short term order flow is bullish; however, the long term flow is bearish. Momentum currently favors the bulls. We'll see ...

Ratios & Harmonics: a Different Way to Trade

Looking at a possible bearish gartley on the EUR/JPY 15M TF. Waiting to make sense of the BC leg. See below. image

Ratios & Harmonics: a Different Way to Trade

Hit TP 1. Maybe should had a little more room in there. Won't complain, out of the trade with 15 pips. Still looks like it's heading down and will achieve TP 2.

Ratios & Harmonics: a Different Way to Trade

Trade update. Trade started to go against me. Set my stop loss 5 pips above the 161 of BC. Although the bulls, in their latest push, seem to have the momentum, the projection was weak. In the last two candles, the bears have presented themselves ...

Ratios & Harmonics: a Different Way to Trade

Sold USD/JPY on the 15M TF this morning based on the following confluence: 1) ABCD completion; 2) structure; 3) 127 ext of AB; and 4) 138 ext of BC. We'll see what happens.

Ratios & Harmonics: a Different Way to Trade

Saw this setup on the 5M EUR/USD chart this morning. Was initially thinking it was a CRAB pattern; however, once PA broke below point A, I began looking for an AB=CD reversal at point D. I set a buy limit @ 1.3373 with a 5-pip stop. That was a bit ...

Ratios & Harmonics: a Different Way to Trade

Thanks for weighing in Mack2013. I appreciate the feedback. I have to tame the excitement of putting this trading strategy to use by stepping back and observing PA. Your points are well received.

Ratios & Harmonics: a Different Way to Trade

Finished today with 1 loss & 1 win - net pips: 28. Can't argue with that. Was able to jump in on the EURUSD 5M downward move (see chart below). It was an AB=CD pattern. Lots of confluence in the PRZ - combo of 127 fib ext of AB, 138.2 fib ext of BC, ...

Ratios & Harmonics: a Different Way to Trade

Took a trade on the EUR/USD pair this morning (5M TF). Did I miss something or is this just one of those trades that I need to chalk up?

Ratios & Harmonics: a Different Way to Trade

See my attached screenshot. I took an aggressive C trade on the NZDUSD pair last night. Closed my position for a loss after price broke through the 78.6 fib line, invalidating the potential ABCD and/or Bullish Gartley. Two things: 1) Would like some ...

Ratios & Harmonics: a Different Way to Trade

Mr. Pip et al., Good afternoon! I have recently subscribed to this thread and have spent the last several days reading through each post. I'm currently at page 184 (a long way to go still). I want to say "thanks" to Mr. Pip for taking the time to ...

Ratios & Harmonics: a Different Way to Trade