Thread: My Harmonic Journey

hi bunda, i will gladly hear and learn on your ideas and comment you back with mine.

yes.. I agree, Bunda you're right!! Just a question: do you use to find combination of candlesticks before place an order? Someting like :"wow! this is a good Butterfly! But wait, I need to find an EveningStar (or something else to confirm) before place the order.. "

That because of I try to do it, Kor4x indicator (I think it's something greater than an indicator) is really good, but I always try to find confirmations.

Originally Posted by JohnCapa

yes.. I agree, Bunda you're right!! Just a question: do you use to find combination of candlesticks before place an order? Someting like :"wow! this is a good Butterfly! But wait, I need to find an EveningStar (or something else to confirm) before place the order.. "

That because of I try to do it, Kor4x indicator (I think it's something greater than an indicator) is really good, but I always try to find confirmations.

Thanks for your reply.. What I do is often scale in , so I put in my first position immediately then enter the rest on a reversal pattern. I like to get in with as little risk (stop loss) as possible so i can add more lots on to the trade. If my initial position goes against me I will lose max 10-12 pip... Sometimes my stop is only 5-7 pips.

Trade taken 1 day or so ago. USDMXN




TP= 3 to 1 or 50% of last swing Low to High

or Final S2 pivot

IF I entered I would on the close of a bearish candlestick.

IF I entered I would on the close of a bearish candlestick.

SL=15
SL2=30 or R2
TP=100
TP2=135
or S1

Using past Harmonic patterns plus Demand level for a buy entry.

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