NexusFi: Find Your Edge


Home Menu

 





Harmonic shapes in various instruments


Discussion in Trading Journals

Updated
    1. trending_up 8,513 views
    2. thumb_up 0 thanks given
    3. group 1 followers
    1. forum 26 posts
    2. attach_file 24 attachments




 
Search this Thread
  #11 (permalink)
MajorMagnuM
south west UK
 
Posts: 124 since Dec 2011
Thanks Given: 74
Thanks Received: 15

If it breaks back above the line on the m15 chart
i am long to the cyan circle


Attached Thumbnails
Click image for larger version

Name:	e6.PNG
Views:	211
Size:	119.9 KB
ID:	93355  
Reply With Quote

Can you help answer these questions
from other members on NexusFi?
My Rant with AMP Futures
Trading Reviews and Vendors
requesting .nrd replay files from 2026 spy and qqq
The Elite Circle
No book, only a stair: journaling fills where price move …
Cryptocurrency
EA
Platforms and Indicators
Datafeed for Atas
Platforms and Indicators
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Mes vs MNQ
6 thanks
NexusFi site changelog and issues/problem reporting
5 thanks
BERN ALGOS algo trading journal
3 thanks
TopStep Trader disappointment
2 thanks
Johnnys Journal
2 thanks
  #12 (permalink)
MajorMagnuM
south west UK
 
Posts: 124 since Dec 2011
Thanks Given: 74
Thanks Received: 15

How about this interpretation of this volume indicator?


Attached Thumbnails
Click image for larger version

Name:	e7.PNG
Views:	269
Size:	108.1 KB
ID:	93356  
Reply With Quote
  #13 (permalink)
MajorMagnuM
south west UK
 
Posts: 124 since Dec 2011
Thanks Given: 74
Thanks Received: 15


a POSSIBLE PULL BACK TARGET


Attached Thumbnails
Click image for larger version

Name:	e8.PNG
Views:	231
Size:	107.7 KB
ID:	93358  
Reply With Quote
  #14 (permalink)
MajorMagnuM
south west UK
 
Posts: 124 since Dec 2011
Thanks Given: 74
Thanks Received: 15

this all looks bearish, but i have to stick with my preset stop loss, at 1.2855


Attached Thumbnails
Click image for larger version

Name:	e9.PNG
Views:	254
Size:	91.4 KB
ID:	93392   Click image for larger version

Name:	e10.PNG
Views:	237
Size:	126.9 KB
ID:	93393  
Reply With Quote
  #15 (permalink)
MajorMagnuM
south west UK
 
Posts: 124 since Dec 2011
Thanks Given: 74
Thanks Received: 15

Glad i left it.

profit taken

now to see how the PRZ plays out


Attached Thumbnails
Click image for larger version

Name:	e11.PNG
Views:	231
Size:	109.1 KB
ID:	93511  
Reply With Quote
  #16 (permalink)
MajorMagnuM
south west UK
 
Posts: 124 since Dec 2011
Thanks Given: 74
Thanks Received: 15

OK ,
this is what i see on the euro/usd
a big bearish W points in cyan
within that, a smaller bullish continuation pattern, points marked in olive
The second shape would take us to a big confluence @ AROUND 1.3008
This is also an elliot wave target for wave 5 (using elliot rules found in tom joseph book)
the leg marked with brown numbers is (possibly) a five wave impulse of an abc correction
so much confluence

My aim here is to see how impossible or not it is to project harmonic shpaesd within others to confirm a possible d point of a larger context harmonic shape.


Attached Thumbnails
Click image for larger version

Name:	e21.PNG
Views:	248
Size:	131.4 KB
ID:	93528  
Reply With Quote
  #17 (permalink)
MajorMagnuM
south west UK
 
Posts: 124 since Dec 2011
Thanks Given: 74
Thanks Received: 15

I have added the 50% retracement of the swing up, which also falls in the PRZ


Attached Thumbnails
Click image for larger version

Name:	e23.PNG
Views:	241
Size:	121.3 KB
ID:	93530  
Reply With Quote
  #18 (permalink)
MajorMagnuM
south west UK
 
Posts: 124 since Dec 2011
Thanks Given: 74
Thanks Received: 15

turned round ten pips short of prz.


Attached Thumbnails
Click image for larger version

Name:	e24.PNG
Views:	246
Size:	130.4 KB
ID:	93543  
Reply With Quote
  #19 (permalink)
MajorMagnuM
south west UK
 
Posts: 124 since Dec 2011
Thanks Given: 74
Thanks Received: 15

at the prz now


Reply With Quote
  #20 (permalink)
MajorMagnuM
south west UK
 
Posts: 124 since Dec 2011
Thanks Given: 74
Thanks Received: 15


POSSIBLE TO GO BACK TO 1.2935 STILL. BEYOND 1.3030 AND WE COULD GO MUCH FURTHER I BELIEVE


Reply With Quote




Last Updated on November 5, 2012


© 2026 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 - Downloads - Top
no new posts