Great trade A shame those don't come along more regularly - it would make life a lot easier!!

Ratios & Harmonics: a Different Way to Trade

You didn't have much warning there! I was watching a lower tick chart and had a few clues (the notes were my scribblings at the time, so not very clear!)... the plan was to enter short on the first pullback to the RN after breakout but once she went ...

Ratios & Harmonics: a Different Way to Trade

Nice result!

Ratios & Harmonics: a Different Way to Trade

I got stopped at BE... probably in time to watch it turn into a nice Agg C short

Ratios & Harmonics: a Different Way to Trade

Stops are tight

Ratios & Harmonics: a Different Way to Trade

I'm still short on EU at the moment... hoping the bears still have something in them

Ratios & Harmonics: a Different Way to Trade

Got my eye on the reversal... the RN falls between 61.8 - 78.6 of previous CD swing. Just looking for some weakness :-)

Ratios & Harmonics: a Different Way to Trade

Thank you for your advice, hao. Good luck too

Ratios & Harmonics: a Different Way to Trade

I have limited spare time at the moment, so I'm just focusing on studying the principles rather than getting distracted by actual trading. When I've learned some more (and I have more time) I'll get actively trading again.

Ratios & Harmonics: a Different Way to Trade

I don't trade cable, but here's some thoughts to get you started

Ratios & Harmonics: a Different Way to Trade

Ordinarily I wouldn't bother - I was just being flippant, quipping that the Mark 1 Eyeball had been a little off from my first post after I laid a fib over the swings. The important point is: I think only obvious differences are relevant i.e. 20% to ...

Ratios & Harmonics: a Different Way to Trade

No problem Could be complete rubbish though

Ratios & Harmonics: a Different Way to Trade

See the acceleration in the last swing? The slope wasn't linear, it makes a banana (backwards C) shape. From what little I know, acceleration can be fickle. It shows strength, but not if it accelerated into exhaustion. The rapid drop from it makes ...

Ratios & Harmonics: a Different Way to Trade

A picture speaks a thousand words (and gets a little more accurate on %)

Ratios & Harmonics: a Different Way to Trade

Each one of your vertical lines (projection) is getting smaller... which suggests that the bearish strength is weakening. Another way to look at it: the 2nd (middle) projection made up about 60% of the whole extension. The final (bottom) projection ...

Ratios & Harmonics: a Different Way to Trade

Just a reminder for those trading USD: Bernanke is set to speak in 1.5 hours.

Ratios & Harmonics: a Different Way to Trade

As a minor chart observation: It would appear that gaps don't always fill! (next to second LH label)... bears were strong

Ratios & Harmonics: a Different Way to Trade

Thanks for the reply So I see you're back in long. I've sat this one out

Ratios & Harmonics: a Different Way to Trade

Nice, I bailed out a little earlier. So the question is: would you consider price to have accepted the breakout at this point, or do we need more bars to decide? Price made a strong move down through support, creating a falling 3 the other side of ...

Ratios & Harmonics: a Different Way to Trade