This is my first journal and will be documenting all my morning sessions 7/8-12ish EST in multiple markets, main focus on eur/usd gbp/usd and usd/jpy on 233tick charts.
My method, modeling Mr. Pips - Ratios and Harmonics, is comprised of Structure Analysis, Orderflow and Momentum Analysis and market harmonics/symmetry mainly through the use of ratio retracements/extentions with Supply and Demand Zones. I really only use the basic ABCD/AB=CD as these are everywhere and reliable and other harmonic patterns have some kind of ABCD in them. Ill trade a Gartley or Bat pattern if I see them and they make sense in the market environment but I don't necessarily hunt harmonic patterns.
My fibs aren't marked but the red is the 61.8 and yellow 78.6 I take "aggressive C's" from there all the time AKA "The Golden Zone".
Anyone who trades Price Action is welcome to comment or question of course we all learn from each other.
Once i average 20 pips a day for a month i will increase position size to 1 lot per trade. The hard part is reaching this stage. Once here the sky is the limit.
My method, modeling Mr. Pips - Ratios and Harmonics, is comprised of Structure Analysis, Orderflow and Momentum Analysis and market harmonics/symmetry mainly through the use of ratio retracements/extentions with Supply and Demand Zones. I really only use the basic ABCD/AB=CD as these are everywhere and reliable and other harmonic patterns have some kind of ABCD in them. Ill trade a Gartley or Bat pattern if I see them and they make sense in the market environment but I don't necessarily hunt harmonic patterns.
My fibs aren't marked but the red is the 61.8 and yellow 78.6 I take "aggressive C's" from there all the time AKA "The Golden Zone".
Anyone who trades Price Action is welcome to comment or question of course we all learn from each other.
Once i average 20 pips a day for a month i will increase position size to 1 lot per trade. The hard part is reaching this stage. Once here the sky is the limit.