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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

  • #36,721
  • Feb 7, 2018 9:04am Feb 7, 2018 9:04am
Quoting Mr. Pip
{quote} Awesome
Thank you!
Wow! I've got some experience to gain.
  • #36,722
  • Feb 7, 2018 9:06am Feb 7, 2018 9:06am
Quoting mansan
Had enough of this trade... over 2 hours so was agressive on the trailing GBP/USD {image}
You got the pay for your patience. Congrats
  • #36,723
  • Feb 7, 2018 9:07am Feb 7, 2018 9:07am
Quoting Lawnman
{quote} I too run into this problem. Did you install them in the mql4 folder under indicators? I'm not at my pc right now, when I get home I will look at it in more detail. Sorry
Yes I copied the indicators in the MQL4 Folder under indicators and the template on the template folder.

Once you get to your PC you can check and advise me pleease. I've also sent an inbox to Parviz, hope he sees it and responds.

Your support is highly appreciated.

Cheers!!!
  • #36,724
  • Feb 7, 2018 9:12am Feb 7, 2018 9:12am
Took a quick one on the 144 so I'm done for the day +39.5 points and still short on the longer term.
Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-18 (144 Tick) 2018_02_07.png Size: 46 KB
If you fail to plan, you plan to fail.
  • #36,725
  • Feb 7, 2018 9:54am Feb 7, 2018 9:54am
Took a trade on NQ with two entries and ended cumulated with +66. However, the trade was not best practice.
  • #36,726
  • Feb 7, 2018 10:16am Feb 7, 2018 10:16am
Quoting Mr. Pip
{quote} ABCD Completion {image}

I'm sure this trade has brought you smiles......i'm just looking at the chart and the price is moving down violently...

I hope one day I see things as you see them.
  • #36,727
  • Feb 7, 2018 10:26am Feb 7, 2018 10:26am
Profit target hit 363 points $54K
Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-18 (1597 Tick) 2018_02_07.png Size: 73 KB
If you fail to plan, you plan to fail.
  • #36,728
  • Feb 7, 2018 10:27am Feb 7, 2018 10:27am
Quoting mukai
{quote} I'm sure this trade has brought you smiles......i'm just looking at the chart and the price is moving down violently... I hope one day I see things as you see them.
Keep at it and you will
If you fail to plan, you plan to fail.
  • #36,729
  • Feb 7, 2018 10:34am Feb 7, 2018 10:34am
Quoting Mr. Pip
Profit target hit 363 points $54K {image}
Congrats

Short question Mr. Pip: How can you change the tick chart number (I mean, if you want to change from 233T to 144T without opening a new chart). You press always something, but do not know what.
  • #36,730
  • Feb 7, 2018 10:41am Feb 7, 2018 10:41am
This weeks P/L so far
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 39 KB
If you fail to plan, you plan to fail.
  • #36,731
  • Feb 7, 2018 10:42am Feb 7, 2018 10:42am
Quoting evocpr19
{quote} Congrats Short question Mr. Pip: How can you change the tick chart number (I mean, if you want to change from 233T to 144T without opening a new chart). You press always something, but do not know what.
right on the chart type the number of tick and the T. Let's say you want the 1597, just type on the chart 1597T and press enter
If you fail to plan, you plan to fail.
  • #36,732
  • Feb 7, 2018 10:44am Feb 7, 2018 10:44am
Quoting Mr. Pip
This weeks P/L so far {image}
  • #36,733
  • Feb 7, 2018 10:46am Feb 7, 2018 10:46am
A couple of trades to start me off, as failure to make a NSL price made a NSH on the very immediate OF. First trade was a little annoying as I forgot to move my standard SL of 30 pips, so of course price hit it then bouced back up. Re-entered on the next entry candle and took it for 68 pips, so net +38 on the 2 trades.

Could have made a bit more if I trailed properly, all learning!! Still looking long but waiting for a correction to give me a good entry.

Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 70 KB
  • #36,734
  • Feb 7, 2018 10:48am Feb 7, 2018 10:48am
Quoting Mr. Pip
{quote} ABCD Completion {image}
Another question, when you place your trades based on ABCD Completion, how do you determine where to place your TP, I know you've mentioned you are expecting a deep correction....but what do you use to estimate where the price will reach. Also at what point do you start trailing such trades, entered targeting deep correction....
  • #36,735
  • Feb 7, 2018 11:16am Feb 7, 2018 11:16am
Quoting Mr. Pip
{quote} right on the chart type the number of tick and the T. Let's say you want the 1597, just type on the chart 1597T and press enter
cool. Thank you
  • #36,736
  • Feb 7, 2018 11:18am Feb 7, 2018 11:18am
Quoting PipTrendz
A couple of trades to start me off, as failure to make a NSL price made a NSH on the very immediate OF. First trade was a little annoying as I forgot to move my standard SL of 30 pips, so of course price hit it then bouced back up. Re-entered on the next entry candle and took it for 68 pips, so net +38 on the 2 trades. Could have made a bit more if I trailed properly, all learning!! Still looking long but waiting for a correction to give me a good entry. {image}
Congrats.

Is it intentional that you use 244T instead of 233T?
  • #36,737
  • Feb 7, 2018 11:31am Feb 7, 2018 11:31am
Quoting AzizLight
Wow. Beat like a rented mule today. -194 Trade 1 - Price tested structure. Good rotation candle. Stop not quite to most recent higher low. Taken out for -45. Trade 2 - Having not had previous SL below structure I jump back in with a strong candle and SL below last HL. Taken out for -46. Trade 3 - With expectation now for a NSL I shorted on a strong candle at a retest of previous high at the expectation failure. Taken out for -35. Trade 4 - In my mind I was making this trade off of retests of the 25025 with slowing momentum. Hindsight shows wishful...
Sorry to hear. Maybe if you look at the chart you see it better what went wrong. If not let me know.
Attached Image (click to enlarge)
Click to Enlarge Name: aaa.jpg Size: 346 KB
  • #36,738
  • Feb 7, 2018 11:43am Feb 7, 2018 11:43am
Hello, took 2 practice trades today
-58 stopped out
+103 trailed stop as price struggled at resistance
total for day +45

Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-18 (233 Tick) 2018_02_07.png Size: 141 KB
  • #36,739
  • Feb 7, 2018 11:53am Feb 7, 2018 11:53am
Quoting Mr. Pip
{quote} ABCD Completion {image}
Hi Mr.Pip I have a question based on this trade. I too saw the abcd correction. Im very hesitant to short when I don't know where to put my stop loss. On most of our trades we put the SL above or below the structure so for a trade like this where do you determine your SL? Thank you.
  • #36,740
  • Feb 7, 2018 12:00pm Feb 7, 2018 12:00pm
Quoting evocpr19
{quote} Sorry to hear. Maybe if you look at the chart you see it better what went wrong. If not let me know. {image}
Thanks, evocpr19

I really need to look back more at the longer term order flow. I guess I'm confused about how far back to look and have been trying to follow the short term flow too closely which had me taking trades against the long term expectations. Your chart sheds some light on it.

Maybe the last few days have been so volatile that trying to find short term order flow bargains makes one run the risk of being wrapped up in an expectation failure.

Thanks for the chart. It was helpful.
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