Reason for taking the trade; Completion of point D in ABCD pattern Trigger; 2B ( url ) Target; I had four choices 1) 127.2% Ext. of iv-v at 970 2) GLX open at 972 3) 61.8% Ret. of AD Stop loss; 946 That's how I analyze PA Peter before I enter the ...

Ratios & Harmonics: a Different Way to Trade

thanks.....just covered

Ratios & Harmonics: a Different Way to Trade

I still hold one contract..

Ratios & Harmonics: a Different Way to Trade

I expected deeper correction at open before new high

Ratios & Harmonics: a Different Way to Trade

I misread the market at open, I had different expectations when they didn't play out I just watched the market going away from me.

Ratios & Harmonics: a Different Way to Trade

No, I came back home before the lunch, and later started to scroll thru the posts. Decided to take off today.

Ratios & Harmonics: a Different Way to Trade

Peter, I would like to see you have this same approach in you day trading every day, that you look for this same setup day in and day out. My is ABCD pattern, main swing, and dominant swing. ranges (Globex, first 5min, IB,) and PP. Find something ...

Ratios & Harmonics: a Different Way to Trade

NQ played out beautifully the bullish ABCD pattern today. I used 610T chart to make it more readable.

Ratios & Harmonics: a Different Way to Trade

What do you expect csternfx after the bullish ABCD pattern? Are we going to test Globex High? or market will go thru support zone? Let's talk about scenarios.

Ratios & Harmonics: a Different Way to Trade

I have PP in my playbook, I just wanted to know how you use them. Just my opinion Peter, if you don't use something to make a decision, don't clutter your chart. You can always check the behavior of the market around PP after. Focus on your method. ...

Ratios & Harmonics: a Different Way to Trade

Peter, I noticed you have Pivot Points on your chart, when you will have the time can you explain how you trade using pivot points (entry, profit target, stop loss, exit before the target is hit, anything that relates to this set up)? Thanks.

Ratios & Harmonics: a Different Way to Trade

I admire you evocpr19, trading NQ on open with 233T charts is really something. Personally, I don't touch NQ until after launch NY time.

Ratios & Harmonics: a Different Way to Trade

Twice stopped out for full SL (-18) then recovered on 3rd trade... Maybe afternoon will be more gracious. I didn't even know my trigger chart was set to 144T..

Ratios & Harmonics: a Different Way to Trade

Awesome Peter, you make me look like a guy with the crystal ball....

Ratios & Harmonics: a Different Way to Trade

News Peter url

Ratios & Harmonics: a Different Way to Trade

@Tomaz, If I were you (assuming you just started your trading career) I would grab Van Tharp's book “Trade your way to financial freedom”. It gives you perspective on your journey becoming a trader. If you want to stick with Fibonacci approach in ...

Ratios & Harmonics: a Different Way to Trade

Thanks jmezz, sometimes I stick with my trading plan and don't improvise or shoot from the hip.

Ratios & Harmonics: a Different Way to Trade

It's nothing mysterious Peter in my trading. Like I said before sometimes I get lucky and market cooperates with my way of thinking and does what I envisioned. I use previous structure highs and lows, main and dominant swings, ABCD correction, deep ...

Ratios & Harmonics: a Different Way to Trade

I entered my first trade in NQ way too late- on my 3rd trigger (SH/SL taken) but I managed to hold until gap closed. Second and third trades done by the book. In YM I didn't enter long position in PRZ b/c expected market to do down after pullback to ...

Ratios & Harmonics: a Different Way to Trade

No problem Peter, anytime. I hope I can be valuable source of information...If I may give you unsolicited advice, don't you never ever give up on your dreams. Long time ago (when I was math tutor) I convinced myself I have ability to spot people ...

Ratios & Harmonics: a Different Way to Trade