Stop listening to rumors! This is a reminder to myself actually. I had made a hell of a great analysis for a EURUSD trade yesterday, but since price didn't depature soon as I would had liked then I started to listen to the rumors. I became awared ...

Horuxito's Journal

Alive but broke Just kidding. Nothing of that! Actually I'm leaving this week with a nice increase in balance. I guessed I earned the tokens for another week

Ratios & Harmonics: a Different Way to Trade

I'm currently out of this one. If you are a bear you might hold your positions. My plan was to go long around 1.3620 but I detect a lot of resistance at every diminute tick of activity. 1.36 might be cut like margarine. Will better check what ...

Ratios & Harmonics: a Different Way to Trade

Excellent, thanks!

EURUSD

Thanks for the advice. I agree about naked charts, that's the way I like to use them.

EURUSD

I prefer these better, only 00, without intermediate 50... but to be honest I don't use any They are in my head but I prefer to use fibonacci pivots.

Ratios & Harmonics: a Different Way to Trade

With 4 digit pairs like the EURUSD they mean Y.XX00 and Y.XX50 (for example 1.3500 an 1.3750) and with JPY pairs you have YYY.00 an YYY.50 The markets are a great psychological machine. People put their limits and stops near these numbers either to ...

Ratios & Harmonics: a Different Way to Trade

Thank you Davit. I started to read another recomm of yours, trade what you see, very refreshing.

EURUSD

I take my hat off to your polite response. Btw, very interesting approach, do you explain more about it in your journal?

EURUSD

EURUSD. First daily support is containing price with not a solid reaction to the upside. Probably I will quit my idea for going long..

Horuxito's Journal

Total change of plans and upated expectations. Possible Gartley violated and now looking to see price trading below at daily resistance after a bigger ABCD completion to the downside. Seing a smaller ab=cd along the way that'd be exhausted if price ...

Ratios & Harmonics: a Different Way to Trade

That will depend on basically what dimension are we talking about. If to get to that 618 or whatever ratio you had harmonic AB=CD moves, then you have a confluenced entry. You are, say, aggressive from a higher timeframe perspective, while you are ...

Ratios & Harmonics: a Different Way to Trade

Yeah, well, the only problem is that was not a Gartley. The D completion has to form an ABCD with a 127.2% extension of AB and confluence with 78.6% of XA. Your first triangle only has a 50%, so that invalidates a Gartley. You'd had a valid ...

Ratios & Harmonics: a Different Way to Trade

Cheer up! You are doing your effort. Maybe you should review some of the concepts that's all. Here, the Rules of Engagement for the Gartley: url

Ratios & Harmonics: a Different Way to Trade

Not at all a Gartley, at least not the D completion which should be near to the X level. Please. Always print your ratios, otherwise we can't say. I went to my charts and I see a possible Gartley to the upside with Supply Confluence and ABCD when ...

Ratios & Harmonics: a Different Way to Trade

1 Hour chart, what was wrong? Maybe the FOMC in the middle of it creating a great momentum to the downside!

Ratios & Harmonics: a Different Way to Trade

I am not particularly a pattern seeker, but hey, if you can spot one easily, why not! Here is a possible Gartley Pattern in the GBPUSD with a lot of confluence in case price decides to go up and complete the magent ABCD. Red rectangles in my picture ...

Ratios & Harmonics: a Different Way to Trade

I am long in EURUSD at 1.3635. If price gets to 1.3620 I will be fully loaded. (I have a 20 pip loading window for this one). Nice harmonics along the way in a very exhausted bearish move to this area. Let's see how it works out. I feel confident ...

Ratios & Harmonics: a Different Way to Trade

Just closed an afternoon snack in the GBPUSD, short for +24 pips. I didn't take the 618-786 to go long, but I will go short again if price gets to the red supply area after an ABCD. image EURUSD. I waited price to get here all day long (you can ...

Horuxito's Journal

My aggresive C trade in the GBPUSD seems to be working right now. It's good I didn't move it to BE when it first got a 38.2% retracement. Price tested the level twice. I saw confluence with the larger swing 38.2% as well. So I have 2 retracements ...

Horuxito's Journal