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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

  • #34,641
  • Dec 1, 2017 12:04am Dec 1, 2017 12:04am
HI everyone , especially Mr.Pip , i am introduce by Supreme1394, big thanks to him and for sure Mr.Pip.

Been demo on forex for 6years still can't consistent profitable but somewhere breakeven now. i am used to Daily Timeframe trading and not intraday, might give a try now after reading the thread to page 1000++ from 900++.

and with the money management which was very powerful for trading , and only intraday can achieve the efficiency that daily timeframe can't .

below were my chart of today trading , been trading a few day a go but still improving.

Still not very clear on how to prevent trading into structure area so that can move to BE asap , my eye were seeing structure area everywhere.
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  • #34,642
  • Dec 1, 2017 1:02am Dec 1, 2017 1:02am
https://www.youtube.com/watch?v=c1xBmmALpNA
  • #34,643
  • Dec 1, 2017 1:16am Dec 1, 2017 1:16am
Quoting 6288monkey
HI everyone , especially Mr.Pip , i am introduce by Supreme1394, big thanks to him and for sure Mr.Pip. Been demo on forex for 6years still can't consistent profitable but somewhere breakeven now. i am used to Daily Timeframe trading and not intraday, might give a try now after reading the thread to page 1000++ from 900++. and with the money management which was very powerful for trading , and only intraday can achieve the efficiency that daily timeframe can't . below were my chart of today trading , been trading a few day a go but still improving....
Hi Monkey,

Please update us later on about your trade.
  • #34,644
  • Dec 1, 2017 1:23am Dec 1, 2017 1:23am
USDJPY Analysis

Intraday: NSH

- Price made a NSH at 2250 GMT last night and has been correcting around the 38.2 Fib region

Expectation: Market just opened. Will wait to see what price does. However, expectation is still a NSH

Longterm: NSH

- Market is overall bullish
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  • #34,645
  • Edited 2:19am Dec 1, 2017 1:48am | Edited 2:19am
Quoting 6288monkey
HI everyone , especially Mr.Pip , i am introduce by Supreme1394, big thanks to him and for sure Mr.Pip. Been demo on forex for 6years still can't consistent profitable but somewhere breakeven now. i am used to Daily Timeframe trading and not intraday, might give a try now after reading the thread to page 1000++ from 900++. and with the money management which was very powerful for trading , and only intraday can achieve the efficiency that daily timeframe can't . below were my chart of today trading , been trading a few day a go but still improving....
Greetings, I think you're from lyn right? What's your username there? Your entry technically is correct for intraday trading, because a NSL was formed. But if you go up to M15 timeframe, you can see that the NSL you're trading is actually a complex correction of the huge NSH swing. So the risk is pretty high because you're trading against the stronger longer term order flow, which was pushing price up for the past few days. Maybe Mr. Pip can help to shed some light on this.
Detach yourself from the value of money - Mr. Pip
  • #34,646
  • Dec 1, 2017 2:59am Dec 1, 2017 2:59am
Quoting Supreme1394
{quote} Greetings, I think you're from lyn right? What's your username there? Your entry technically is correct for intraday trading, because a NSL was formed. But if you go up to M15 timeframe, you can see that the NSL you're trading is actually a complex correction of the huge NSH swing. So the risk is pretty high because you're trading against the stronger longer term order flow, which was pushing price up for the past few days. Maybe Mr. Pip can help to shed some light on this.
@ evocpr19 (https://www.forexfactory.com/evocpr19)

an update for the trade after got chance to move to BE

@Supreme1394

I am goodboy92 , yes , but i dint go up to 15min before trading this , and i took the trade due to bull weaken on the orderflow reading, (a weak follow up on bull on 5min chart). i havent complete all the lesson by Mr.Pip , i might miss out certain thing , still on the way reading. current on live trading session video.

althought i dint go to 15min chart , but i can see certain out from the higher and lower timeframe of current timeframe. ( after certain practice previous )
( example , if you see range bound on Daily Chart would be = Few indecision candle on Weekly Chart , or if you see trending on Daily Chart for 5 candle = a Engulfing Candle on Weekly chart and etc etc. )

The were 2 prices on my chart = Ask price / Bid price.
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  • #34,647
  • Dec 1, 2017 3:14am Dec 1, 2017 3:14am
I think your both right , we are in a structure zone on a 1 hr TF ,which seems to be holding for now. as long as price stays below the zone , I tend to look for shorts.
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  • #34,648
  • Dec 1, 2017 3:42am Dec 1, 2017 3:42am
Trade Closed

4 hour for a trade , was that right for a intraday??
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  • #34,649
  • Dec 1, 2017 4:26am Dec 1, 2017 4:26am
Quoting 6288monkey
Trade Closed 4 hour for a trade , was that right for a intraday?? {image}
Awesome! Yeap, that's well within intraday expectations.
Detach yourself from the value of money - Mr. Pip
  • #34,650
  • Dec 1, 2017 4:38am Dec 1, 2017 4:38am
Quoting 6288monkey
Trade Closed 4 hour for a trade , was that right for a intraday?? {image}
Very nice trade dude! You are trading correction swing of HTF. It's more difficult but you trade it like a pro!
  • #34,651
  • Dec 1, 2017 4:41am Dec 1, 2017 4:41am
Hello traders!

Days trade on the FDAX. Kinda missed the big move coz I locked in profit. Was very hard consciously trying to not let that affect my judgement after.
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  • #34,652
  • Dec 1, 2017 5:00am Dec 1, 2017 5:00am
Good day guys.

Have an opportunity to trade the Asian session today. Bagged 2 winners, but left a lot of pips on the table due to trailing too tight too early. Still happy since they are winners, will continue to experience and learn!
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  • #34,653
  • Dec 1, 2017 6:45am Dec 1, 2017 6:45am
USDJPY 5min trade

looking on GBPUSD 5min too , to long .

I dont believe in Fibo to be honest , thus at the same time there goes Harmonic pattern - gartley , etc.
But at the moment i found that Fibo were extremely accurate haha.

I have a few question to Mr.Pip

i am a kind of person that need everything to be explain or know why , thus i dont believe in fibo because they occur for no reason?
I would like to know why after a NSH/NSL we expect a complex correction.
why order flow( depth , projection , momentum ) affect the next prediction.
not sure was there video before that explained this , i will be continue reading .
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  • #34,654
  • Dec 1, 2017 7:19am Dec 1, 2017 7:19am
Trade Closed

Looking a GBPUSD now

-0.03 / 3pips now.
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  • #34,655
  • Edited 7:39am Dec 1, 2017 7:28am | Edited 7:39am
do i post too much?

Long GBPUSD but seem not the right timing with strong bear.

Update : closed out with -1.99 + -0.03 = -2.02 now

dint know that CAD news could affect GBPUSD too.
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  • #34,656
  • Dec 1, 2017 7:50am Dec 1, 2017 7:50am
+27 trade on EUrUSD
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  • #34,657
  • Dec 1, 2017 8:43am Dec 1, 2017 8:43am
Long YM
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  • #34,658
  • Dec 1, 2017 8:54am Dec 1, 2017 8:54am
Another 2 winners on XAU today.

Total 4 winners, no losers. +53pips.
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  • #34,659
  • Dec 1, 2017 8:58am Dec 1, 2017 8:58am
Quoting 6288monkey
do i post too much? Long GBPUSD but seem not the right timing with strong bear. Update : closed out with -1.99 + -0.03 = -2.02 now dint know that CAD news could affect GBPUSD too. {image}
Nope, please post more, we can all benefit with you together. The long term NSH was already taken out to form a NSL. Here I attached the ideal intraday short opportunity present.
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Detach yourself from the value of money - Mr. Pip
  • #34,660
  • Dec 1, 2017 9:14am Dec 1, 2017 9:14am
My trade on YM today: . Second part was difficult for me to stay in, but I told me all the time to be disciplined.
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