I got a friend who is new to trading He made a load of money today on EU shorting. He just kept adding to his short, he has no fear factor because hes not been bitten by the markets yet I guess you need a good balance of confidence and patience ...

Ratios & Harmonics: a Different Way to Trade

I know what u mean Croc When something just keeps on going in one direction its difficult to jump on board. be interesting to hear Mr Pips view on that, Chalky

Ratios & Harmonics: a Different Way to Trade

Looks Good To me Clayton I'd be happy with 38 Pips What criteria did you use for Entry, I see you were watching 61.8%, did you wait for Rotation? Chalky

Ratios & Harmonics: a Different Way to Trade

Hi AJ1 I presume uou mean upper green Zone? Also FE 141.4% that's a new one on me, any reason? Thanks Chalky

Ratios & Harmonics: a Different Way to Trade

Hi Dizzle Please don't take this the wrong way I am aiming to be constructive, and of course could be wrong. 1. shouldn't you be waiting for Rotation around 61.8%? The NSL was rejected so possibly a false break on news. Chalky PS I can talk myself ...

Ratios & Harmonics: a Different Way to Trade

Thanks for all the replies Guys So number 1 it is good luck all in trading today Chalky

Ratios & Harmonics: a Different Way to Trade

Thanks Croc Maybe a fourth option is place half trade #1 and half #3 be interesting to hear Mr Pips view

Ratios & Harmonics: a Different Way to Trade

Thanks Dizzle, on the chart that you posted above, good bad Ugly I see the closed green candle with a lower wick, looks a nice reversal candle so for entry did you enter on a break of its high, or just as soon as it was closed?

Ratios & Harmonics: a Different Way to Trade

Rotation. Rotation, Rotation...... With regard to Rotation and of course ultimately entering, or exiting a trade, I would like to re-raise the topic, hope that's OK I entered a couple of trades this morning, Aggressive C types at reasonable harmonic ...

Ratios & Harmonics: a Different Way to Trade

Hi Mr Pip Jus so i am sure I am reading your chart correctly Was that a buy, then a sell and then a buy on the Chart? Thanks Chalky

Ratios & Harmonics: a Different Way to Trade

Thought I would share my 2 trades for today as I haven't contributed much and think that they are both in keeping with the thread- first trade With Rotation in Mind I entered the first trade here at 61.8% retracement test when I saw weakness step ...

Ratios & Harmonics: a Different Way to Trade

Thanks for the reply Draghi sure upset that chart!! Its a bit jumpy now so may leave until tomorrow looking for longs around 9350on DAX Good luck all anyone else trading, got any setups to post? although I guess they will all be jumpy at the moment ...

Ratios & Harmonics: a Different Way to Trade

I have been watching price action but struggle to prioritize the importance of the following. 1. I see a up or downswing leg, then mark 61.8% retracement for an aggressive C entry 2. I watch the price action on a tick Chart near PRZ, seems when I ...

Ratios & Harmonics: a Different Way to Trade

Nice Charts Pampaq what swing ID markers are you using?

Ratios & Harmonics: a Different Way to Trade

Ok thanks, whether its a Butterfly, Flutterby or just two triangles there is harmonic confluence and a price support around the 2470-2480 area so I would maybe expect some sort of support. I think its worth posting and chatting through ...

Ratios & Harmonics: a Different Way to Trade

I haven't traded any Butterflies either I just drew what I saw and then looked at a cheat sheet to see if it fitted anything You may be correct on the anchor leg. but going back in the chart 475 was prior support... Good luck

Ratios & Harmonics: a Different Way to Trade

Having a decent day here Just took 34 points from DAX It came back to my entry for 61% -78% pullback from a main swing. If no one else is interested in the indeces then I will stop posting my trade ideas for the DAX, however I am using Harmonic ...

Ratios & Harmonics: a Different Way to Trade

Nice Chart Croc Ive had a quick look, theres some confluence around the 12470-80 area Possibly a butterfly?? maybe due for a push up though, are you planning to buy it ?

Ratios & Harmonics: a Different Way to Trade

Hi Mr Pip Is there a daily process that you use when choosing a particular pair to trade or do you just scan through a set number each day? Chalky

Ratios & Harmonics: a Different Way to Trade

Agree This was on a larger timescale though and needed patience which I am lacking. I Know Mr Pip trades the 244 Tick Chart which is what I was mainly focussing on and managed a few scalps within the pattern so all was not lost I still find it ...

Ratios & Harmonics: a Different Way to Trade