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"Ratios & Harmonics: a Different Way to Trade." Summary 37 replies

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Ratios & Harmonics: a Different Way to Trade

  • #35,441
  • Jan 10, 2018 11:06am Jan 10, 2018 11:06am
YM - 5 Trades
1 B/E: +1
2 Losers: -16, -45 (half pos)
2 Winners: +30, +54
------------------------------------
Total: +24
Effective Total: +46 <---- only counting half of the -45 against me
Attached Image (click to enlarge)
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  • #35,442
  • Jan 10, 2018 3:42pm Jan 10, 2018 3:42pm
hello, just wanted to give thanks to Mr.Pip for the info. given here. The core principles you explain are invaluable yet seemingly so obvious (general structural analysis, gauging order flow etc, making predictions from harmonics/ratios etc..)

I've managed to hit my monthly targets for past 3-4 months via day trading around these core principles whilst adding my own spin to it. Still early days, and I never wanna get complacent, but solid core fundamentals are really explained well in this thread - especially the vids.

top guy
  • #35,443
  • Jan 10, 2018 3:46pm Jan 10, 2018 3:46pm
Quoting waqz12345
hello, just wanted to give thanks to Mr.Pip for the info. given here. The core principles you explain are invaluable yet seemingly so obvious (general structural analysis, gauging order flow etc, making predictions from harmonics/ratios etc..) I've managed to hit my monthly targets for past 3-4 months via day trading around these core principles whilst adding my own spin to it. Still early days, and I never wanna get complacent, but solid core fundamentals are really explained well in this thread - especially the vids. top guy
Thank you and keep up the good work!
If you fail to plan, you plan to fail.
  • #35,444
  • Jan 10, 2018 4:24pm Jan 10, 2018 4:24pm
Quoting Mr. Pip
{quote} Thank you and keep up the good work!
actually, do you mind clearing one thing up? I currently trade forex exclusively but I've been looking into trading other markets (mostly market indexes based upon your trading of the YM and other traders recommending futures.) But I've found the only way to trade these market indexes is via CFD's but they then lead back to market tinkering through brokerages and seemingly higher commissions+spread...

So do you trade the YM as a CFD or is it actually a future? And if it is a future - how do you go about actually trading futures... I have tried googling it for a while and only come up with brokerages offering "CFD futures" and no information as to how to trade futures directly....
  • #35,445
  • Jan 10, 2018 4:32pm Jan 10, 2018 4:32pm
Quoting waqz12345
{quote} actually, do you mind clearing one thing up? I currently trade forex exclusively but I've been looking into trading other markets (mostly market indexes based upon your trading of the YM and other traders recommending futures.) But I've found the only way to trade these market indexes is via CFD's but they then lead back to market tinkering through brokerages and seemingly higher commissions+spread... So do you trade the YM as a CFD or is it actually a future? And if it is a future - how do you go about actually trading futures... I have...
In order to give you a quick answer: Mr Pip uses futures via Dorman.

You get all the information on the website of ninjatrader. If you do not want to buy a license of NT, you can select a scheme were the orders are more expensive.
  • #35,446
  • Jan 11, 2018 2:47am Jan 11, 2018 2:47am
EJ + 8,8
EJ still running


explanation on chart.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Schermafbeelding 2018-01-11 om 09.41.27.png Size: 75 KB
Click to Enlarge Name: Schermafbeelding 2018-01-11 om 09.46.04.png Size: 79 KB
"Luck is when opportunity meets preparation"
  • #35,447
  • Jan 11, 2018 2:51am Jan 11, 2018 2:51am
Quoting bmdenton23
YM - 5 Trades 1 B/E: +1 2 Losers: -16, -45 (half pos) 2 Winners: +30, +54 ------------------------------------ Total: +24 Effective Total: +46 <---- only counting half of the -45 against me {image}
Nice buddy! Pretty good entries, keep up the good work!
"Luck is when opportunity meets preparation"
  • #35,448
  • Jan 11, 2018 3:00am Jan 11, 2018 3:00am
Currently still in this range, lets see who wins!
Attached Image (click to enlarge)
Click to Enlarge Name: Schermafbeelding 2018-01-11 om 09.59.55.png Size: 46 KB
"Luck is when opportunity meets preparation"
  • #35,449
  • Jan 11, 2018 3:28am Jan 11, 2018 3:28am
Quoting Sheeep44
Currently still in this range, lets see who wins! {image}
Reduced risk and got stopped out, -5 pips.

for the day so far: +3,8 pips
"Luck is when opportunity meets preparation"
  • #35,450
  • Jan 11, 2018 3:44am Jan 11, 2018 3:44am
Quoting evocpr19
{quote} In order to give you a quick answer: Mr Pip uses futures via Dorman. You get all the information on the website of ninjatrader. If you do not want to buy a license of NT, you can select a scheme were the orders are more expensive.
sweet, thanks alot mate
  • #35,451
  • Jan 11, 2018 4:09am Jan 11, 2018 4:09am
re-entry.

Explanation on the chart.
Attached Image (click to enlarge)
Click to Enlarge Name: Schermafbeelding 2018-01-11 om 11.08.17.png Size: 80 KB
"Luck is when opportunity meets preparation"
  • #35,452
  • Edited 4:32am Jan 11, 2018 4:17am | Edited 4:32am
Quoting Sheeep44
re-entry. Explanation on the chart. {image}
SL @ BE.

update: out @ BE.
"Luck is when opportunity meets preparation"
  • #35,453
  • Jan 11, 2018 4:32am Jan 11, 2018 4:32am
4th trade.
Attached Image (click to enlarge)
Click to Enlarge Name: Schermafbeelding 2018-01-11 om 11.31.54.png Size: 30 KB
"Luck is when opportunity meets preparation"
  • #35,454
  • Jan 11, 2018 5:10am Jan 11, 2018 5:10am
Let it be a breakout to the downside.

Attached Image (click to enlarge)
Click to Enlarge Name: Schermafbeelding 2018-01-11 om 12.10.16.png Size: 33 KB
"Luck is when opportunity meets preparation"
  • #35,455
  • Jan 11, 2018 5:18am Jan 11, 2018 5:18am
Quoting Sheeep44
Let it be a breakout to the downside. {image}
got stopped out.

1 winner
2 losers
1 BE

Overall, -0,5% for the day.
"Luck is when opportunity meets preparation"
  • #35,456
  • Jan 11, 2018 8:17am Jan 11, 2018 8:17am
target hit UC 5M.
Attached Image
"Luck is when opportunity meets preparation"
  • #35,457
  • Jan 11, 2018 8:25am Jan 11, 2018 8:25am
Hi All:
EURUSD H1: a Completed Gartely Pattern.
Attached Image (click to enlarge)
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  • #35,458
  • Jan 11, 2018 9:11am Jan 11, 2018 9:11am
Looking for a Long (YM) in AOI of 25392 - 25405..........
70% expectancy rate with proper SL placement.
  • #35,459
  • Jan 11, 2018 9:12am Jan 11, 2018 9:12am
My trade on NQ: +45 ticks
Attached Image (click to enlarge)
Click to Enlarge Name: aaa.jpg Size: 364 KB
  • #35,460
  • Jan 11, 2018 9:59am Jan 11, 2018 9:59am
Quoting parviz1953
Hi All: EURUSD H1: a Completed Gartely Pattern. {image}
Gartley just wasn't met on my data, but could be on yours, nice spot!
Also looking at almost the same spot!
Attached Image (click to enlarge)
Click to Enlarge Name: Schermafbeelding 2018-01-11 om 16.59.24.png Size: 130 KB
"Luck is when opportunity meets preparation"
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