Wow! great location... If you draw a descending trendline at the 2 previous swing low you'll get this exact same bottom. You got a bit lucky as this impulsive move was linked to the Clinton investigation and the news in relation to it at that time. ...

Ratios & Harmonics: a Different Way to Trade

Why did you not set your take profit at the bottom of the last swing low at 17751? You took the trade prior to the opening bell which can be cahotic and many times there is a reversal at this time of the day. Anyway, your entry as said Mack was ...

Ratios & Harmonics: a Different Way to Trade

Excellent reading jmezz. I am impressed you can read that well by symply looking at a tick chart. On the ES, this episode was pretty similar and it gave a short setup with a target at what is called in volume profile the developing value area high. ...

Ratios & Harmonics: a Different Way to Trade

That's the hallmark of a strong trend day up. breakouts are working very well, fades fail.

Ratios & Harmonics: a Different Way to Trade

@jmezz Another chart, some precision... What is valid here a new high has formed or is it still part of a complex correction of leg(1)? If i follow your last post leg(1) is the current swing until it is broken at one of its extremes. Correct? image

Ratios & Harmonics: a Different Way to Trade

Hi guys, Interesting discussion on the model HH HL LL LH. I would tend to agree with Wolves77. It seems the 70% figure is questionable. It is similar to looking at a roulette wheel for a few hours, you'll see runs of black or red but if you begin to ...

Ratios & Harmonics: a Different Way to Trade

Wow! great discipline. You waited like a good snipper for the perfect moment to hit your target for the entry. Really nice trading today even though the day did not want to reveal its cards easily at the start.

Ratios & Harmonics: a Different Way to Trade

Hi Guys, Did not trade for the whole week as i had a few home-maintenance projects on my list . Markets were pretty volatile this week with many swings up and down. I hope you did achieve your weekly objectives whatever they are. Next week i am back ...

Ratios & Harmonics: a Different Way to Trade

Was thinking just like you. I missed the reversal at the bottom (10:15am EST) and took the PB long at 2 places following the impulsive move up but just made peanuts. After 11:30 i decided to quit as i was feeling the day would end in chop fest. I ...

Ratios & Harmonics: a Different Way to Trade

Unfortunately, no there is not. The offset is 9 points difference between both contracts (June/Sept.). What we would need is a script to record the actual objects on our charts and redraw them in taking into account the offset.

Ratios & Harmonics: a Different Way to Trade

I plan to switch contract from june to sept. tomorrow as volume is picking up. The second part of the day offered some opportunities on the ES much easier to take than in the 1st part of the day which offered almost no edge in a perfect state of ...

Ratios & Harmonics: a Different Way to Trade

Thanks for replying. I also trade from Canada but my account is in USD on a US broker as i needed to minimize the conversion as much as possible. I have opened a USD account at my Bank again to help in transfering money from the US to Canada or vice ...

Ratios & Harmonics: a Different Way to Trade

@Mack2013 What is the spread you pay on your CFD US30? Also, does the 10 number we see represents 10 contracts and what is the value of 1 tick with this number in $?

Ratios & Harmonics: a Different Way to Trade

Tomorrrow is rollover day. Might be another slow day price action.

Ratios & Harmonics: a Different Way to Trade

news @ 10:30 EDT Crude Oil Inventories It often impacts the ES and YM

Ratios & Harmonics: a Different Way to Trade

@Mack2013 @jmezz Thanks to both of you for sharing your journey. I can relate to your situation. I have been at it since 2009. I am an ex Microsoft system analyst but at the end did not like this job anymore although it was quite lucrative. My ...

Ratios & Harmonics: a Different Way to Trade

You got some nice trades today. After the news at 10:00am New York time price changed direction and it went up the rest of the day. Same thing on the e-mini S&P 500 (ES).

Ratios & Harmonics: a Different Way to Trade

Go to the CME to know your instrument: url Current front month is June 2016. Market is slow because it is a US holiday today: url

Ratios & Harmonics: a Different Way to Trade

I can feel your pain for your allergy. I am quite sensitive to that too. However, you have not missed the greatest day. A lot of rotation on the ES within the range of the 1st hour of trading. Do you know you can empty your data cache folder in ...

Ratios & Harmonics: a Different Way to Trade

On average, what is your stop loss size in ticks?

Ratios & Harmonics: a Different Way to Trade