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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

  • #8,041
  • Feb 5, 2014 6:02pm Feb 5, 2014 6:02pm
Quoting Muyen
Hi Mr Pip What is happening to our forum people are not post on this thread like before please don't stop i am a silent learner this thread teach me how to trade with out indicators i can now read the price action and market flow NSH NSL though not very well but it is a good way to start looking at the market, so please don't stop posting and don't leave us your comment are inspirational me. Look the last post before this was 25hr ago what went wrong did i miss something
I share your opinion, I'm missing a Mr Pip.
We were watching the market, as it had taught us Neo (Matrix), now we need their return.
Mr Pip we wait for you, master.
regards
  • #8,042
  • Feb 5, 2014 7:39pm Feb 5, 2014 7:39pm
Any view or comment to animals living on different supply/demand levels?
AudUsd after the AU news, pick an animal and the right level, or at least one of those .
What do you think?
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  • #8,043
  • Feb 5, 2014 7:52pm Feb 5, 2014 7:52pm
Quoting lobogabor
Any view or comment to animals living on different supply/demand levels? AudUsd after the AU news, pick an animal and the right level, or at least one of those . What do you think? {image}
Hey, I have seen it many times now, without a messiah we people cannot work in a team. Though a team learning together could exceed the results of the master, and the master would be proud .
Dunno why, plz do not ask me. Involve others with your ideas, post your own views, and work yourself at least with others then, instead of waiting for the master, the only one who owns the holly grail, the messiah.
What do you think?
  • #8,044
  • Feb 5, 2014 11:34pm Feb 5, 2014 11:34pm
Guys I hope Mr. Pip will come back soon. Don't worry. Keep posting chart's and confluence. If you will not keep posting confluence it will show that you don't have interest in Harmonics so, it would not inspire Mr. Pip to connect with us. So, please keep posting so your interest to learning harmonics will inspire Mr. Pip to connect with us. If students will not come to school why teacher will come to school ?? but if students comes to school and do homework and shows their interest in learning then teacher will also like to teach. So keep posting.
-milkeyway
  • #8,045
  • Feb 5, 2014 11:35pm Feb 5, 2014 11:35pm
Not entering this trade. Just have an expectation.
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-milkeyway
  • #8,046
  • Feb 5, 2014 11:43pm Feb 5, 2014 11:43pm
Price is stable at this level.
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-milkeyway
  • #8,047
  • Feb 6, 2014 12:15am Feb 6, 2014 12:15am
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-milkeyway
  • #8,048
  • Feb 6, 2014 1:19am Feb 6, 2014 1:19am
Quoting kumaramy
Price is stable at this level. {image}
This is not clear for me. It's hard to see where it is weakness and strength in this situation, but I see higher lows, I would think to buy it. Why are you selling it?
  • #8,049
  • Feb 6, 2014 1:32am Feb 6, 2014 1:32am
Quoting kumaramy
Guys I hope Mr. Pip will come back soon. Don't worry. Keep posting chart's and confluence. If you will not keep posting confluence it will show that you don't have interest in Harmonics so, it would not inspire Mr. Pip to connect with us. So, please keep posting so your interest to learning harmonics will inspire Mr. Pip to connect with us. If students will not come to school why teacher will come to school ?? but if students comes to school and do homework and shows their interest in learning then teacher will also like to teach. So keep posting....

Exactly if you want spoon feeding you are set to fail
Never said I was Batman,all I'm saying is you'll never see us together.
  • #8,050
  • Feb 6, 2014 1:43am Feb 6, 2014 1:43am
Quoting lobogabor
Any view or comment to animals living on different supply/demand levels? AudUsd after the AU news, pick an animal and the right level, or at least one of those . What do you think? {image}
yeah I'm quite keen to see the PA around this structure in blue shaded

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Never said I was Batman,all I'm saying is you'll never see us together.
  • #8,051
  • Feb 6, 2014 1:45am Feb 6, 2014 1:45am
Quoting IenDzi
{quote} This is not clear for me. It's hard to see where it is weakness and strength in this situation, but I see higher lows, I would think to buy it. Why are you selling it?
Price is staying below 61%. It fall immediately after 78% and again maintained 61%.
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-milkeyway
  • #8,052
  • Feb 6, 2014 2:02am Feb 6, 2014 2:02am
Quoting kumaramy
Not entering this trade. Just have an expectation. {image}

had this drawn on my cable

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Never said I was Batman,all I'm saying is you'll never see us together.
  • #8,053
  • Feb 6, 2014 6:08am Feb 6, 2014 6:08am
Quoting headfake
{quote} yeah I'm quite keen to see the PA around this structure in blue shaded {image}
Im looking at the same structure and we should expect a pullback around ~0.9 to first ~0.8940 and then ~0.8880 (depending on order flow and PA).
Rise and rise again until lambs become lions
  • #8,054
  • Feb 6, 2014 6:40am Feb 6, 2014 6:40am
Mr. Pip still stops by - I see his name at the bottom of the page most days.

I think that several of us are trading live accounts now, which means we post here less often. Plus I think Mr. Pip said he was studying for some exams.

Nevertheless, in an effort to stimulate some discussion I'll post a trade I took today.

It was a BE, but could have been a TP with the benefit of hindsight.

In the past, I've commented on here that I think the SL should move to the swing point (not BE) if there is a significant difference between the swing and the entry point. This scenario typically happens if you either enter too early (it happens... ) or too late (which probably shouldn't happen, as you know you aren't getting wholesale prices and should wait for the next setup).

I ignored my own advice and moved the SL to BE not the swing point. As it turns out, the trade quickly moved in the direction of my initial premise. A BE is certainly better than a loss, but of course mentality changes when you are trading real money!
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  • #8,055
  • Feb 6, 2014 6:55am Feb 6, 2014 6:55am
Quoting kumaramy
{image}
stopped out and reloaded long again.
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-milkeyway
  • #8,056
  • Feb 6, 2014 6:58am Feb 6, 2014 6:58am
And here is another point for discussion.

My belief: trading into high impact news on a short TF is gambling.
Why? The market moves because people are making decisions to buy and sell. It is that simple.
Lots of people are going to look at the news, and make decisions based upon it.
So unless you know the news in advance, you don't know which way the short term order flow is going to go.

Textbook example:
A beautiful setup of a breakout-pullback entry.
This trade went gloriously into profit as predicted.
Apart from the unpleasant spike in the middle of it caused by news (which, incidentally, was an announcement exactly as expected i.e. no suprises)
Result for anybody trading into this news: loss.
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  • #8,057
  • Feb 6, 2014 7:11am Feb 6, 2014 7:11am
Quoting itinerant
And here is another point for discussion. My belief: trading into high impact news on a short TF is gambling. Why? The market moves because people are making decisions to buy and sell. It is that simple. Lots of people are going to look at the news, and make decisions based upon it. So unless you know the news in advance, you don't know which way the short term order flow is going to go. Textbook example: A beautiful setup of a breakout-pullback entry. This trade went gloriously into profit as predicted. Apart from the unpleasant spike in the middle...
I think sellers were dying to sell it and high impact news offered them higher price sell. It shows there are somewhere seller @3535 who wants EU lower.
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-milkeyway
  • #8,058
  • Feb 6, 2014 7:15am Feb 6, 2014 7:15am
Quoting kumaramy
{quote} stopped out and reloaded long again. {image}
This base can create problem for me.
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-milkeyway
  • #8,059
  • Feb 6, 2014 7:17am Feb 6, 2014 7:17am
Quoting kumaramy
{quote} I think sellers were dying to sell it and high impact news offered them higher price sell. It shows there are somewhere seller @3535 who wants EU lower. {image}
That is certainly one explanation.
But the fundamental point remains: trading into high impact news on a small TF (which are typically smaller setups, thus more affected by spikes) is gambling.
The secondary point is that price typically continues on its expected course *after the spike*, presuming there are no fundamental surprises in the news.
However, Point (2) isn't much help if your stop got hit by Point (1)!
  • #8,060
  • Feb 6, 2014 7:18am Feb 6, 2014 7:18am
Quoting kumaramy
{quote} This base can create problem for me. {image}
Strong swing and weak dominate swing.
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-milkeyway
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