This is a bu11sh1t thread??

The magical mystery tour of the divine markets

I'm actually short on EURUSD at the moment. I think it still has some short mileage left, but I'll be keeping the stops tight. Earlier, I managed to short the top of the swing (there was clear deceleration on the tick chart, but it is not so clear ...

Ratios & Harmonics: a Different Way to Trade

Just some more thoughts, regarding "Dumb Money Tried to Long" Some of that order flow will not be people entering long, but exiting shorts i.e. perhaps they shorted earlier on, saw price move against them, then closed out as price returned to near ...

Ratios & Harmonics: a Different Way to Trade

GOT The New BOT Thank you very much

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Extracted Thread (per thread starter's request)

An interesting point... do we need to see a change of strength in the PRZ? I wrote an EA to trade harmonic patterns. It couldn't trade profitably in the long term. One (of several) factors that I concluded was that the EA couldn't deduce strength ...

Ratios & Harmonics: a Different Way to Trade

I did post a reply earlier on to your comments:

Ratios & Harmonics: a Different Way to Trade

Great stuff pampaq! You really have some good insight into strength analysis.

Ratios & Harmonics: a Different Way to Trade

57 downloads??!

The magical mystery tour of the divine markets

My thoughts: Buying at the point you marked as Agg C was an option. The bears were certainly struggling to push price down - congestion, plus 2 failed attempts to push price lower. But, you would also need to consider that there had recently been a ...

Ratios & Harmonics: a Different Way to Trade

Have they asked for it back?

The magical mystery tour of the divine markets

I've very glad you chose 7 pips. 7 is a very auspicious number. There are the obvious connections: The seven deadly sins, which all good traders should aspire to. Then there is the Magnificent Seven, a thinly-guised plot which many thought was about ...

The magical mystery tour of the divine markets

And on the topic of news: today is NFP day for USD.

Ratios & Harmonics: a Different Way to Trade

That is a good question. If somebody is trading through high impact news on short TF charts, they must be using wide stops. It has been a while since I read the original documents, but I recall there being some mention of stop placement ...

Ratios & Harmonics: a Different Way to Trade

Just a standard, bread-and-butter trade on EURUSD. Simple, repeatable.

Ratios & Harmonics: a Different Way to Trade

Bombay Trader's cat

The magical mystery tour of the divine markets

What is your broker's time offset? There were 2 high impact news events affecting that pair yesterday. Both occurred at 13:30 GMT

Ratios & Harmonics: a Different Way to Trade

Looking at your chart example, is your question relating to whether we should trade a pattern completion that coincides with a S/R level? If so, I would say that is a great example of confluence. But order flow in that area must still show signs of ...

Ratios & Harmonics: a Different Way to Trade

I think we are all going around in circles about news being a period of volatility... nobody is disagreeing with that, and any number of chart examples will show that. So perhaps I should rephrase my point: why are stops wide enough to tolerate the ...

Ratios & Harmonics: a Different Way to Trade

I think we agree on the volatility. What it boils down to is does your trade have enough breathing room to tolerate that volatility? I'd rather avoid trading those periods and trade with tighter stops, rather than trade through the news with a wide ...

Ratios & Harmonics: a Different Way to Trade