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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

  • #36,641
  • Feb 5, 2018 11:11pm Feb 5, 2018 11:11pm
Quoting Mr. Pip
{quote} Funny response I took that Gardley and got ito some trouble but I deployed a rescue mission and then I had to send in the SEALS and cane it ok. We will discuss it tomorrow
Even with seals!
  • #36,642
  • Feb 6, 2018 12:14am Feb 6, 2018 12:14am
Quoting PipTrendz
{quote} Hey Peter, I agree with Sheeep, there seemed to be emotion even within your posts which I guess ...
Thanks PipTrendz. I was emotional during the trades but I didn't feel like I was emotional before taking a new one. But as you say, maybe I was not seeing things normal.
I don't think there is a major problem. Gonna let everything sink in and review my trades of the last 2 weeks, that's where the curve started to turn south.
Thanks again for your view
  • #36,643
  • Feb 6, 2018 4:04am Feb 6, 2018 4:04am
Moved to BE with AUD/JPY trade on daily timeframe.
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  • #36,644
  • Feb 6, 2018 5:16am Feb 6, 2018 5:16am
Quoting Mr. Pip
{quote} Join us next Tuesday and you will see how I do it live and you will be able to ask questions live
o.k. I look forward to my questions in this post. And I made sure that I am ready for your great live stream. I have thinking cap on and I am ready to absorb as much as I can.
1. supply and demand zones that are of high interest (market reaction areas???) and how the order flow approaches these areas with strength / weakness is the main road map with situational awareness?

2. When I see your videos.... because your are so experienced you make it look easy. lol But when I try to identify those supply and demand zones.... I just don't have the confidence that I am finding them correctly. How far back in the order flow do you go when you start identifying s/d zones?

3. Also, do these S/D zones ever overlap with other order flows... long/intermediate/short term?

4. And as you are placing them... What is the starting area that you decide to place them on? .... at a candle close or a wick..... what I mean is... what is your line of sight that you mentally zoom in on when deciding where to place these zones?

Thanks for your valuable time! And by the way.... Your long term trades are unreal and inspiring rolled into one!
Luck has no place in trading. Leave that for the poker table.
  • #36,645
  • Feb 6, 2018 5:54am Feb 6, 2018 5:54am
Good Morning Traders, I will be posting the link here in a a few min
If you fail to plan, you plan to fail.
  • #36,646
  • Feb 6, 2018 5:57am Feb 6, 2018 5:57am
Here is the link to the live stream. We will get on in a few min

https://www.youtube.com/channel/UCy5Zq25cFK3FZeF26wn4m0w/live
If you fail to plan, you plan to fail.
  • #36,647
  • Feb 6, 2018 6:18am Feb 6, 2018 6:18am
Did not like PA and being close to opening, so prefered to secure win +135
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  • #36,648
  • Feb 6, 2018 6:41am Feb 6, 2018 6:41am
Got scared with this one. +531
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  • #36,649
  • Feb 6, 2018 6:59am Feb 6, 2018 6:59am
Took last trade with minimum lot (should have simply followed my expectation; +338)
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  • #36,650
  • Feb 6, 2018 7:07am Feb 6, 2018 7:07am
What are the differences in trading futures and spot forex? I've been thinking in giving it a shot. I need to read more about it. Does the market behave in similar manner?
Luck Favors the Bold
  • #36,651
  • Edited 9:23am Feb 6, 2018 7:57am | Edited 9:23am
Last take on YM: +143. Did not like how price moved arround. Prefered to bail out. These days are nice, when price goes in the right direction (total for today +1148).
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  • #36,652
  • Feb 6, 2018 9:03am Feb 6, 2018 9:03am
Thank You for the session to day. Really appreciated.
Time is an illusion, timing is an art.
  • #36,653
  • Edited 9:32am Feb 6, 2018 9:08am | Edited 9:32am
YM - busy session this morning
20 trades

8 Winners: +118, +86, +80, +41, +185, +103, +145, +128
5 Losers: -93, -31, -45, -62, -67
7 B/E: +2, +4, +1, +1, +1, +1, -3 (slippage)
-----------------------------------------------------
Total: +595 <- almost all of these were at reduced contract size.
  • #36,654
  • Feb 6, 2018 9:14am Feb 6, 2018 9:14am
Guys we just concluded the live stream nice day and profitable. I will post the link once it's ready for you. I hope the session have value to you all.
If you fail to plan, you plan to fail.
  • #36,655
  • Feb 6, 2018 9:24am Feb 6, 2018 9:24am
Today 101 net on the short term and 413 on the longer term Net gain $61,890. Great day!
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If you fail to plan, you plan to fail.
  • #36,656
  • Feb 6, 2018 9:36am Feb 6, 2018 9:36am
Quoting Mr. Pip
Today 101 net on the short term and 413 on the longer term Net gain $61,890. Great day! {image} {image}
But I agree, difficult and dangerous to trade.
  • #36,657
  • Feb 6, 2018 9:45am Feb 6, 2018 9:45am
I've been following this thread for a while now, around 4 months, I joined today's live session but I was a bit late.

My biggest issue is identifying rotation candles, sometimes i take trades on "false" rotations, may be at Fibo 38 retracement, only for the price to go all the way to 78 retracement before it resumes the trade.....who can help me on how to avoid these false rotations, they have really cost me quite some amount. I think I also have issues with 'emotions' and not wanting the price to leave me, only to enter too early............I need help here...

Cheers!
  • #36,658
  • Feb 6, 2018 9:53am Feb 6, 2018 9:53am
Quoting Mr. Pip
Today 101 net on the short term and 413 on the longer term Net gain $61,890. Great day! {image} {image}
Thanks for the live trading session Mr Pips. Very helpful.

Whilst listening in I traded GBPUSD 89 tick chart with some success. Up 308 pips.

I am still learning and closing some trades too quickly but I'm getting there!
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  • #36,659
  • Feb 6, 2018 10:22am Feb 6, 2018 10:22am
Quoting mukai
I've been following this thread for a while now, around 4 months, I joined today's live session but I was a bit late. My biggest issue is identifying rotation candles, sometimes i take trades on "false" rotations, may be at Fibo 38 retracement, only for the price to go all the way to 78 retracement before it resumes the trade.....who can help me on how to avoid these false rotations, they have really cost me quite some amount. I think I also have issues with 'emotions' and not wanting the price to leave me, only to enter too early............I need...
experience fella.. you will keep getting your butt kicked until you learn to be more patient.
It's in fear when people show what they truly value.
  • #36,660
  • Feb 6, 2018 10:30am Feb 6, 2018 10:30am
Quoting mukai
I've been following this thread for a while now, around 4 months, I joined today's live session but I was a bit late. My biggest issue is identifying rotation candles, sometimes i take trades on "false" rotations, may be at Fibo 38 retracement, only for the price to go all the way to 78 retracement before it resumes the trade.....who can help me on how to avoid these false rotations, they have really cost me quite some amount. I think I also have issues with 'emotions' and not wanting the price to leave me, only to enter too early............I need...
Hello my friend. In the last live stream I went into rotation candles to great extent. Please review it and then if you are still confused post a question we will help. Another thing, if your stop is in the right place then you should be fine even if you enter early. I cover this on every stream. I know they are long but take the time to revisit them.
If you fail to plan, you plan to fail.
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