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"Ratios & Harmonics: a Different Way to Trade." Summary 36 replies

Attachments: Ratios & Harmonics: a Different Way to Trade
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Ratios & Harmonics: a Different Way to Trade

Quoting Karmel33
Damian you just locked my mother's one year and a half salary, so inspiring to me However, that is my trading day. My entry was on the lower yellow orizontal line and my exit on the superior. Red fibo is longer term, light blue is short term. I entered my position against short term order flow and structure, but according to the longer one. That was because, according to my analysis, the area between 50 and 38.2 red fibo was an hot area for a turning point. I entered a little higher then my aoi, but I saw a strong resistence area there. My first...
Nice trade! Keep at it and one day you will be able to retire your mom and yourself.
If you fail to plan, you plan to fail.
Ok Traders seriously I'm heading to lunch and leaving this open. I have locked in 90 points and will leave some room to the upside. I will update you when I return later on today.
Attached Image (click to enlarge)
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If you fail to plan, you plan to fail.
Been thinking of trading the YM, really like it better than forex tbh.. More movement in a shorter period of time and not soo much news spike, MM and aint got that damn spread killing your trades + I really like ninjatrader
Todays trade:
Attached Image (click to enlarge)
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"Luck is when opportunity meets preparation"
Quoting Mr. Pip
Ok Traders seriously I'm heading to lunch and leaving this open. I have locked in 90 points and will leave some room to the upside. I will update you when I return later on today. {image}

Congrats on the home run(100 pips trade) mr pip and please do more videos so we can learn how to spot PA more like you
Here is an update. Locked in 100 points
Attached Image (click to enlarge)
Click to Enlarge Name: YM 12-17 (1597 Tick) 2017_10_05.png Size: 40 KB
If you fail to plan, you plan to fail.
Quoting Aluunatic
{quote} Congrats on the home run(100 pips trade) mr pip and please do more videos so we can learn how to spot PA more like you
Thanks
If you fail to plan, you plan to fail.
Quoting Sheeep44
Been thinking of trading the YM, really like it better than forex tbh.. More movement in a shorter period of time and not soo much news spike, MM and aint got that damn spread killing your trades + I really like ninjatrader Todays trade: {image}
Nice trade!
If you fail to plan, you plan to fail.
Final Update out with 100 points
Attached Image (click to enlarge)
Click to Enlarge Name: YM 12-17 (1597 Tick) 2017_10_05.png Size: 47 KB
If you fail to plan, you plan to fail.
Quoting Mr. Pip
Final Update out with 100 points {image}
Great trade Damian!
Quoting Mr. Pip
{quote} Wouldn't you want to know when you are about to run into a brick wall?
ok,, thank you
learn more , earn more
Quoting Mr. Pip
When should we do the live stream this month?
Any Friday is ok 20 October or 27 October
Hi Damian,
in one video I heard the daily target is 20+ points, but couldn't hear the daily stop loss? Thanks!
Quoting Bodiddi
Hi Damian, in one video I heard the daily target is 20+ points, but couldn't hear the daily stop loss? Thanks!
That is the goal but targets and stops are dynamic to the order flow. Every day they will be different.
If you fail to plan, you plan to fail.
Quoting Karmel33
{quote} Great trade Damian!
Thank you.
If you fail to plan, you plan to fail.
Quoting parviz1953
{quote} I have added ,the last comment you made on my question on live session, as a new paragraph at the end ... Edited version: {image}
Sorry it too me so long. The document is fine. I have mentioned in the past that I would post my trade plan but I have been advised against it because someone might try to sell it and that would not be cool. Instead I will make a video on it and post it.
If you fail to plan, you plan to fail.
Quoting Mr. Pip
{quote} That is the goal but targets and stops are dynamic to the order flow. Every day they will be different.
I see, thank you!
Quoting Mr. Pip
Final Update out with 100 points {image}
Another inspiring trade! Thanks for sharing Damian!
https://www.youtube.com/watch?v=mjv87AWdEjw
USDJPY Analysis

Intraday: NSH

- Price made a NSH at 0630
- 3 harmonics completed in the same area

Expectation: There has been a long term and short term harmonic completed in the same area. Will wait to see what price does. Would like price to retrace and give me an opportunity to enter

Longterm: NSH

- Market is overall bullish
- Long term and intraday confluence
- Going with intraday expectations
Attached Images (click to enlarge)
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Quoting Mr. Pip
{quote} Sorry it too me so long. The document is fine. I have mentioned in the past that I would post my trade plan but I have been advised against it because someone might try to sell it and that would not be cool. Instead I will make a video on it and post it.
I think I would agree with not posting your trade plan. Although, I do really really want to see it.

I have one quick question on entry candles. I recall you saying at one point the entry candle shouldn't trade below the previous candle. Is that correct? Does that include the tail? Looking back in history, I see a lot of potential entry candles that would have made nice profit, but they had a tail that traded either slightly below or even sometimes quite a bit below the previous candle.
Markets can remain irrational longer than you can remain solvent - JMK
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