Was looking at your 1st trade. As target you could have used the swing hi prior to the cluster of bars. image

Ratios & Harmonics: a Different Way to Trade

Your 1st stop was a bit high. Here is the same chart with major ranges identified. You can use these ranges to set your stop at a key locations. I do not rade the DOW but this is where i would place my stops and entries: image

Ratios & Harmonics: a Different Way to Trade

Have not much to say except congratulation to both of you jmezz and rocky. My trading is more in line with what rocky is doing so i can understand and learn from him quite a bit. Anyway just wanted to say thanks to both of you. You publish great ...

Ratios & Harmonics: a Different Way to Trade

As Mack wrote and many others very well done jmezz, great job. I have updated my zones on a 15 minute chart to help gauge the potential reward between zones. The difference is that i used a line on close settings in Ninja so that only the close ...

Ratios & Harmonics: a Different Way to Trade

The YM like the ES is forming a triangle. Energy is building up and will dissipate one way or another. So far all the GAPS between RTH sessions have been closed except the last one created today. There is a chance that this triangle will hold until ...

Ratios & Harmonics: a Different Way to Trade

Price was in a range so jmezz faded one side of the range and you did fade the other side in line with the current trend. I like to use the 1 minute opening range as demand or resistance depending where price is. Today the 1 min. opening range went ...

Ratios & Harmonics: a Different Way to Trade

Maybe you did not notice but Yesterday there was an important deal when OPEC reportedly reaches deal in Algiers to limit CL production, agrees to limit oil production to 32.5M bpd (v 33.2M in Aug) - 1:10 PM CT. This changed the sentiment and created ...

Ratios & Harmonics: a Different Way to Trade

Horizontal Buy/sell levels and TP/stop levels are on by default for open trades. After you close your trade, open up your terminal (acc history tab) and drag and drop the closed postion onto your chart. It shows entry and exit arrows connected by a ...

Ratios & Harmonics: a Different Way to Trade

Good day jmezz,While looking at your harmonic pattern, i was wondering how many of your trades did align with it during this period. Have you made more short or long trades while price completed the second leg up?P.S. i told you before but i'll ...

Ratios & Harmonics: a Different Way to Trade

Great explanation, You went above and beyond my expectation. Thanks a lot jmezz, i'll pass sometime to review and study it over the weekend.

Ratios & Harmonics: a Different Way to Trade

Hey jmezz, You did an excellent job and got some nice results. Very happy for you. I was wondering it is not always easy to follow your fib levels i was wondering is it possible to find a way to identify the swing hi/low that correspond to a ...

Ratios & Harmonics: a Different Way to Trade

This is the conflict between the revert to the mean trader in you vs the breakout/momentum trader. I think it is normal after the summer we got where the range was small and a lot of the time fading a level was the name of the game. You're not ...

Ratios & Harmonics: a Different Way to Trade

The problem with diagonal trend lines is they appear to work some of the time and consequently people use them (creating a self fulfilling prophecy). Lance Beggs at yourtradingcoach.com wrote about them some years ago (6.18 REASONS WHY FIBONACCI IS ...

Ratios & Harmonics: a Different Way to Trade

Fantastic trade in that you were able to read the action and react accordingly. Flipping like this is not easy but the right thing to do IMO to master this beast. Overall, i really like your analysis considering you just use a bar per bar ...

Ratios & Harmonics: a Different Way to Trade

I have only access to the ES, NQ, TF and some futures currencies.

Ratios & Harmonics: a Different Way to Trade

As anyone noticed that when we identify a 1:1 move the second leg quite often fails to complete and will stop at around +/-75%. That is something i have begun to track. Here is one example on the ES this morning... image EDIT: image EDIT II: I ...

Ratios & Harmonics: a Different Way to Trade

Nice trade, when price reaches a bottom or top i always pay attention to the last pivot structure before the bottom or top if it is near this level then price often retests it and forms what is called a reversal head and shoulder pattern. image ...

Ratios & Harmonics: a Different Way to Trade

GOMI has his own web site too: url It works for NT7-NT8 and Sierra Chart.

Extracted Thread (per thread starter's request)

Hi rocky, i like your thread and like very much what i am reading here. Here is the end of the day price action as price is making a new all time high (ATH) on a 3 min chart: image image image

Extracted Thread (per thread starter's request)

When price gives the illusion of trading within a channel you'll get very similar leg's duration. image

Ratios & Harmonics: a Different Way to Trade