NexusFi: Find Your Edge


Home Menu

 





Harmonic Setup


Discussion in Currencies

Updated
      Top Posters
    1. looks_one wh with 6 posts (12 thanks)
    2. looks_two Big Mike with 2 posts (0 thanks)
    3. looks_3 cory with 1 posts (0 thanks)
    4. looks_4 Dragon with 1 posts (0 thanks)
    1. trending_up 9,381 views
    2. thumb_up 12 thanks given
    3. group 9 followers
    1. forum 14 posts
    2. attach_file 5 attachments




 
Search this Thread

Harmonic Setup

  #1 (permalink)
 
wh's Avatar
 wh 
Neubrandenburg, Germany
 
Experience: Advanced
Platform: R
Trading: Stocks
Posts: 538 since Jun 2009
Thanks Given: 298
Thanks Received: 512

I believe i found myself. i do not know exactly. but i know i do not coding and i do not thinking just trading for inner peace and freedom. i worked a lot and search for a nice setup.

here my rules i will not break:
  1. Risk 1 % per Trade trading EURUSD/GBPUSD.
  2. Two Trade per Day and one trade per Pair ( Diversification ).
  3. Only profitable trades with 1 : 1.3333 ratio.
  4. After a losing Trade i shut down my PC and go running, then i know tomorrow is a new trading day.
  5. I release before and after each Trade (Meditation, Sedona, Core, Walking, Running).
  6. I contol my emotions.
  7. I know AB = CD
  8. Entry - Only Limit Orders @ 38,2, 61,8, 76,4
  9. Exit @ CD Forecast in combination with ADR.
  10. Harmony in my 15 Minute Chart ...
  11. SR - Level look @ Fibonacci ... and so on.
  12. I do not trade news.
  13. Trading Time is 08:00 - 16:00 gmt+1.

Causality is the relationship between an event (the cause) and a second event (the effect), where the second event is a consequence of the first.
Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Online prop firm The Funded Trader (TFT) going under?
Traders Hideout
Exit Strategy
NinjaTrader
NexusFi Journal Challenge - April 2024
Feedback and Announcements
New Micros: Ultra 10-Year & Ultra T-Bond -- Live Now
Treasury Notes and Bonds
Futures True Range Report
The Elite Circle
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
59 thanks
Funded Trader platforms
37 thanks
NexusFi site changelog and issues/problem reporting
24 thanks
GFIs1 1 DAX trade per day journal
22 thanks
The Program
19 thanks
  #2 (permalink)
 
wh's Avatar
 wh 
Neubrandenburg, Germany
 
Experience: Advanced
Platform: R
Trading: Stocks
Posts: 538 since Jun 2009
Thanks Given: 298
Thanks Received: 512

Ok i break one rules today.

1. Not in TradingZone.

Nice Day ...

Causality is the relationship between an event (the cause) and a second event (the effect), where the second event is a consequence of the first.
Started this thread Reply With Quote
  #3 (permalink)
 thaifans 
Hong Kong
 
Experience: Intermediate
Platform: Ninjatrader
Broker: IB
Posts: 19 since Jun 2009
Thanks Given: 1
Thanks Received: 4


Keep going i also like harmonic step up. Beside harmonic set up, did y use any indicator ? Anyway nice start..

Reply With Quote
  #4 (permalink)
 
Dragon's Avatar
 Dragon 
Bellingham, WA
 
Experience: Intermediate
Platform: Ninja
Broker: Zen-Fire
Trading: 6E, CL
Posts: 491 since Aug 2009
Thanks Given: 747
Thanks Received: 259


wh View Post
I believe i found myself.

Beautiful. Everyone needs to quit trying to mold to someone else's style.

Visit my NexusFi Trade Journal Reply With Quote
  #5 (permalink)
 
wh's Avatar
 wh 
Neubrandenburg, Germany
 
Experience: Advanced
Platform: R
Trading: Stocks
Posts: 538 since Jun 2009
Thanks Given: 298
Thanks Received: 512


thaifans View Post
Keep going i also like harmonic step up. Beside harmonic set up, did y use any indicator ? Anyway nice start..

The main idea: Do not use any indicator for trading, the reason is the lag on sr-levels.

3 minute chart: only WMAs from 1 - 200 for Breakout and Trendline.
15 minute chart: my InsideBar for SL - Calculation
4 hour chart: clear only fib-levels
2.5 day chart: clear only fib-levels

Causality is the relationship between an event (the cause) and a second event (the effect), where the second event is a consequence of the first.
Attached Thumbnails
Click image for larger version

Name:	hs1.png
Views:	443
Size:	215.2 KB
ID:	6296  
Started this thread Reply With Quote
Thanked by:
  #6 (permalink)
 
wh's Avatar
 wh 
Neubrandenburg, Germany
 
Experience: Advanced
Platform: R
Trading: Stocks
Posts: 538 since Jun 2009
Thanks Given: 298
Thanks Received: 512

Here a mindmap with all my rules ...
Sorry all in german ... but i do not translate, this are my thoughts.

But hope it helps. The image is on my second screen.
New Version ...

Causality is the relationship between an event (the cause) and a second event (the effect), where the second event is a consequence of the first.
Attached Thumbnails
Click image for larger version

Name:	Test.png
Views:	414
Size:	248.7 KB
ID:	6297  
Started this thread Reply With Quote
Thanked by:
  #7 (permalink)
 
wh's Avatar
 wh 
Neubrandenburg, Germany
 
Experience: Advanced
Platform: R
Trading: Stocks
Posts: 538 since Jun 2009
Thanks Given: 298
Thanks Received: 512


http://www.golearnforex.net/forex-101-classroom/104-understanding-the-risks-in-forex-trading.html
Forex: To trade, or not to trade? Many are reluctant to involve in Forex trading because of its ‘risks’. Generally speaking, there are risks everywhere in our life: Factories may malfunction, customer may not walk-in if you open a shop, stock market may crush, and if you are employed you may get fired during company downsizing. There are risks everywhere! The important issue here is how you learn and maintain your risk. So if you are considering participating in Forex market, you should learn managing the risk involved, instead of being terrified.

Here a nice link of live and forex ...

https://www.golearnforex.net/forex-101-classroom/104-understanding-the-risks-in-forex-trading.html

Causality is the relationship between an event (the cause) and a second event (the effect), where the second event is a consequence of the first.
Started this thread Reply With Quote
  #8 (permalink)
 
wh's Avatar
 wh 
Neubrandenburg, Germany
 
Experience: Advanced
Platform: R
Trading: Stocks
Posts: 538 since Jun 2009
Thanks Given: 298
Thanks Received: 512

Here my harmonic numbers and how i use them.

And now go intraday -- what you want.

You will understand the market behavior. It is not
the Grail, Money Management is the key to success
and discipline.

Causality is the relationship between an event (the cause) and a second event (the effect), where the second event is a consequence of the first.
Attached Thumbnails
Click image for larger version

Name:	hn1.png
Views:	399
Size:	44.8 KB
ID:	6377   Click image for larger version

Name:	hn2.png
Views:	338
Size:	39.2 KB
ID:	6378  
Started this thread Reply With Quote
  #9 (permalink)
SeM0s
new-delhi-india
 
Posts: 2 since Dec 2010
Thanks Given: 4
Thanks Received: 1

has this thread been discontinued?

Reply With Quote
  #10 (permalink)
 Buddy 
BC Canada
 
Experience: Beginner
Platform: Several
Trading: Stocks, Currency
Posts: 25 since Apr 2011
Thanks Given: 29
Thanks Received: 4


Hi;
Nice post keep going i also like harmonic step up.
Regards

Reply With Quote




Last Updated on August 22, 2011


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts