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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

  • #33,721
  • Nov 1, 2017 3:35am Nov 1, 2017 3:35am
Quoting liemo
{quote} I'm still a bit confused as @ 126.10 you have mentioned that the green line is the main swing and price has closed below this area. If price made a complex correction and did not breach the low then I see that price should be headed up, however in this instance it has closed below. I'm comparing the trade you mentioned earlier in the video (refer 2nd chart -circled red) where you had entered short with the expectation of a deep correction. Both chart appears to be the same where previous high or low being breached with expectation of a deep...
Mr Pip , are you able to shed some light on this some when you have a chance. Thanks
  • #33,722
  • Nov 1, 2017 3:36am Nov 1, 2017 3:36am
Quoting DizzleFX
{quote} Nothing wrong with just stepping away and clearing your mind. We have all been there. If you are not already, make sure you analyze your losing trades and look for what you could have done better or might have missed. Hang in there! Edit: I just realized that this is all pretty much what Peter said.
If you post the same thing simultaneously, it must be the truth
  • #33,723
  • Nov 1, 2017 3:50am Nov 1, 2017 3:50am
Long again with potential profit zones.
Attached Image (click to enlarge)
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  • #33,724
  • Nov 1, 2017 4:07am Nov 1, 2017 4:07am
EURUSD long
Reduced risk because couldn't get good rotation at my entry.

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  • #33,725
  • Nov 1, 2017 4:13am Nov 1, 2017 4:13am
Quoting PeterT
EURUSD long Reduced risk because couldn't get good rotation at my entry. {image}
We are at the same boat now Just next candle came totally shity one
  • #33,726
  • Nov 1, 2017 4:13am Nov 1, 2017 4:13am
Quoting PeterT
EURUSD long Reduced risk because couldn't get good rotation at my entry. {image}
Bears don't agree..

Attached Image (click to enlarge)
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  • #33,727
  • Nov 1, 2017 4:15am Nov 1, 2017 4:15am
Quoting ltupower
{quote} We are at the same boat now Just next candle came totally shity one
Yes and maybe the same sinking boat
  • #33,728
  • Nov 1, 2017 4:35am Nov 1, 2017 4:35am
Risky enter just before news. but it paid well.

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  • #33,729
  • Nov 1, 2017 4:45am Nov 1, 2017 4:45am
Quoting piphunter123
Risky enter just before news. but it paid well. {image}

Taken out +20 pips. Didn't expect that sharp drop after break previous high .on to next one.
  • #33,730
  • Nov 1, 2017 5:00am Nov 1, 2017 5:00am
Alright, I took a short on AUDUSD that is more of a swing trade than a intraday trade. Price took out the previous lower high and made a NSL. Made a deep complex correction into the 78.6. The last little swing on the correction had a increase in momentum, which increase the risk of the trade going against me, but the R:R on this trade is pretty good, so I pulled the trigger.
Attached Image (click to enlarge)
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Damn The Torpedoes, Full Speed Ahead!
  • #33,731
  • Nov 1, 2017 5:34am Nov 1, 2017 5:34am
Quoting Sheeep44
Trading has gone to shit the last 2 days. Been switching between TimeFrames and trading patterns and just structure based trades on the 1H, but NOTHING seem to work.. Had more than 6 losses in a row, really taking its toll right now.. Maybe better if I should take a break.. And going to look what really works for me longterm..
stick to the 244 tick or 5 min chart. Don't change timeframes

Study the videos everyday and go thru the live trading video and do the exact same thing

Keep a time limit for your trade . Fore example. no trading after 4 pm GMT

Stick to your rules

Don't trade corrections. they are unreliable. Always trade the expectation
  • #33,732
  • Nov 1, 2017 5:59am Nov 1, 2017 5:59am
Nu 5 min. coming into killing zone.

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  • #33,733
  • Nov 1, 2017 6:04am Nov 1, 2017 6:04am
Quoting PeterT
{quote} Bears don't agree.. {image}
Looking a bit better. Added rest of risk, moved SL from below range to below swing.
I hope we're off now.

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  • #33,734
  • Nov 1, 2017 6:28am Nov 1, 2017 6:28am
Quoting PeterT
{quote} Looking a bit better. Added rest of risk, moved SL from below range to below swing. I hope we're off now. {image}
Trouble candle

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  • #33,735
  • Nov 1, 2017 6:33am Nov 1, 2017 6:33am
GOLD, LONG setup,

Order flow weakening. Entered at 61.8% fibo with structure.
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  • #33,736
  • Nov 1, 2017 6:35am Nov 1, 2017 6:35am
Quoting PeterT
{quote} Trouble candle {image}
Yeah, back again to bottom..
  • #33,737
  • Nov 1, 2017 6:40am Nov 1, 2017 6:40am
Quoting ltupower
{quote} Yeah, back again to bottom..
Bulls should not have allowed this. Hope they can defend the bottom of the swing but I doubt it..
  • #33,738
  • Nov 1, 2017 6:50am Nov 1, 2017 6:50am
Quoting PeterT
{quote} Bulls should not have allowed this. Hope they can defend the bottom of the swing but I doubt it..
Could be the Cavalry have just arrived
  • #33,739
  • Nov 1, 2017 6:55am Nov 1, 2017 6:55am
Quoting Pipradar
{quote} Could be the Cavalry have just arrived
Looking better
  • #33,740
  • Nov 1, 2017 6:58am Nov 1, 2017 6:58am
Quoting Pipradar
{quote} Looking better
Yeah I'll hold the hoorays until we crossed 1646
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