Ratios & Harmonics: a Different Way to Trade

Quoting ozziedave

I must be a real slow learner. On the EUR 60 min chart you show the main swing as the red line on the chart I have attached. Isn't the main swing the magenta line on the chart? Sorry to keep going back to the basics. If you have time maybe you could show a few more charts
with main swings. How do you determine which direction tom trade and how do you determine where (what swings) to pull your fibs and extensions from.

I must admit I'm a bit lost.

Also you showed a 244 tick chart on one of your post, is that roughly equal to a 1 min chart...

Quoting foxybunny

Mr. Pip, thank you for starting and contributing to this thread.

On 2-Jan, E/U on M15 had a Short Entry at Point-C( retracement between 61.8% and 78.6%) .

Also it had a potential Long Entry at Point-D between 127% and 162%.

Curious is on how and where you may enter the Long at Point-D ?

And what would you do now as the Long is moving back to the entry, when may you re-take a Long if the Stop-Loss is hit?


Attachment 1108864


Attachment 1108869

Quoting foxybunny

Thanks iqyu5an.

I did not jump into that Long trade.
Normally I look for Volume and time of day for confirmation, and I was not available at screen to take that Long.

Another main concern is what other hints to tell whether it is ABCD-Reversal (Long in the previous picture) or a continuation of trend ABCD-Continuation meaning it would be another new Short ??


Note: To ForexFactory Admin, what happened to "Preview Post" button before you post, or anyone else who can answer on this. This button seem to be gone with the new change of Factory's...

Quoting ecneralc

Thank you so much for your insightful thread Mr Pips.
Have read your ABCD pattern and this is my take on it..
just wondering if the price breaks PRZ, does it mean that instead of a reversal, price will continue in its direction?
As in this case the price will continue to head down instead of reversing?
Attachment 1108927

Quoting ecneralc

Thank you so much for your insightful thread Mr Pips.
Have read your ABCD pattern and this is my take on it..
just wondering if the price breaks PRZ, does it mean that instead of a reversal, price will continue in its direction?
As in this case the price will continue to head down instead of reversing?
Attachment 1108927

Quoting Bary

Your ABCD pattern and PRZ are totally wrong.
Please review doc. Mr Pips attached in post 488, 1 pg back. and also pg's 11-12

Quoting Mr. Pip

Here is an example of a recent ABCD

Quoting esmontjr

......Nzd/Usd H4 - waiting completion at point D for entry........

Quoting foxybunny

Your Nzd/Usd H4 chart looks like a possible Short at point-C, or wait till price goes lower pass the 50% mark.
Target could be point-B or point-D.

Then you may have 2 trans, one for Short at point-C, and one for Long at point-D.

Quoting ecneralc

Thank you so much for your insightful thread Mr Pips.
Have read your ABCD pattern and this is my take on it..
just wondering if the price breaks PRZ, does it mean that instead of a reversal, price will continue in its direction?
As in this case the price will continue to head down instead of reversing?
Attachment 1108927

Quoting Mr. Pip

Hello Traders,

Sorry, I've been real busy trading. I will answer your questions later on after my session and I'll try to make a video of my session today explaining my trades. This is not to push you into shorter timeframes but I want you to see how what we do is applicable to any timeframe and how there is no such thing as noise. I also want you to see how I apply what we are learning.