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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

  • #37,641
  • Feb 28, 2018 7:58am Feb 28, 2018 7:58am
So far -122. Lost everything I made yesterday. Two expectation failures. blah!
  • #37,642
  • Feb 28, 2018 8:03am Feb 28, 2018 8:03am
Quoting Prock
So far -122. Lost everything I made yesterday. Two expectation failures. blah!
Hang in there. Put it behind you, NEXT!!!
If you fail to plan, you plan to fail.
  • #37,643
  • Feb 28, 2018 8:06am Feb 28, 2018 8:06am
Quoting evocpr19
Trailed too aggressive on YM +49 {image}
Hi Evo,
You must be on the train right now. When you have the time, could you help me to understand what was the give away that the expectation failure was at that 3 swing high which you took to sell? I was in the trade earlier for a long and was even thinking that PA was about to make a NSH when it reach that point. Thanks.
  • #37,644
  • Feb 28, 2018 8:10am Feb 28, 2018 8:10am
If I understand correctly... with this projection, we should get a shallow to mid correction in an area of structure.
Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-18 (233 Tick) 2018_03_01.png Size: 38 KB
Luck has no place in trading. Leave that for the poker table.
  • #37,645
  • Feb 28, 2018 8:10am Feb 28, 2018 8:10am
Quoting Milfortra
{quote} Hi Evo, You must be on the train right now. When you have the time, could you help me to understand what was the give away that the expectation failure was at that 3 swing high which you took to sell? I was in the trade earlier for a long and was even thinking that PA was about to make a NSH when it reach that point. Thanks.
I will go now, but had to finish my trade.

+68
Attached Image (click to enlarge)
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  • #37,646
  • Feb 28, 2018 8:11am Feb 28, 2018 8:11am
5 trades today ended negative but was glad since im less frozen on the trigger finger now

Trade 1: 89T took the 618 on the immediate swing since market open + structure to the left Result: -23
Trade 2: 89T break of immediate expectation + deep correction however because the bulls were strong decided to protect early Result: BE+1
Trade 3: 89T 1 to 1 completion on the upside + 161.8 on the extension and structure on my AOI(red square) Result: -11
Trade 4: 89T break of expectation + correction to 61.8 but got fearful and went to BE too fast Result: BE
Trade 5: 89T took the same trade again as per Trade 4 Result: +17

Net Result: -16
Net Result for the month of February: +194 - very happy with it and thanks to everyone who has assisted me especially evo and the ppl in the discord channel and most importantly thanks you Damian for introducing me to this method of trading without even taking a single cent from me
Attached Image (click to enlarge)
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  • #37,647
  • Feb 28, 2018 8:14am Feb 28, 2018 8:14am
Quoting Aluunatic
5 trades today ended negative but was glad since im less frozen on the trigger finger now Trade 1: 89T took the 618 on the immediate swing since market open + structure to the left Result: -23 Trade 2: 89T break of immediate expectation + deep correction however because the bulls were strong decided to protect early Result: BE+1 Trade 3: 89T 1 to 1 completion on the upside + 161.8 on the extension and structure on my AOI(red square) Result: -11 Trade 4: 89T break of expectation + correction to 61.8 but got fearful and went to BE too fast...
Congratulations buddy!
  • #37,648
  • Feb 28, 2018 8:17am Feb 28, 2018 8:17am
Yesterday in my Demo account I made a loss of $12,000.............I was stressed coz i just wondered what I've I been learning and why can't I apply it....

Today I've recovered all that loss and currently I'm at profit of $210..... I hope I will be consistent.........I'mm still in Demo since I'm also learning how Ninja works.

Thanks to all who have been kind to answer my many Ninja trader queries....

Cheers!!!!!
  • #37,649
  • Feb 28, 2018 8:22am Feb 28, 2018 8:22am
Quoting evocpr19
{quote} I will go now, but had to finish my trade. +68 {image}
For this trade, I can understand why you took it.
  • #37,650
  • Feb 28, 2018 8:22am Feb 28, 2018 8:22am
Quoting Prock
So far -122. Lost everything I made yesterday. Two expectation failures. blah!
Sorry to hear. Can you post your trades?
  • #37,651
  • Feb 28, 2018 8:23am Feb 28, 2018 8:23am
Quoting Aluunatic
5 trades today ended negative but was glad since im less frozen on the trigger finger now Trade 1: 89T took the 618 on the immediate swing since market open + structure to the left Result: -23 Trade 2: 89T break of immediate expectation + deep correction however because the bulls were strong decided to protect early Result: BE+1 Trade 3: 89T 1 to 1 completion on the upside + 161.8 on the extension and structure on my AOI(red square) Result: -11 Trade 4: 89T break of expectation + correction to 61.8 but got fearful and went to BE too fast...
Pleasure Congrats!
If you fail to plan, you plan to fail.
  • #37,652
  • Feb 28, 2018 8:27am Feb 28, 2018 8:27am
Quoting mukai
Yesterday in my Demo account I made a loss of $12,000.............I was stressed coz i just wondered what I've I been learning and why can't I apply it.... Today I've recovered all that loss and currently I'm at profit of $210..... I hope I will be consistent.........I'mm still in Demo since I'm also learning how Ninja works. Thanks to all who have been kind to answer my many Ninja trader queries.... Cheers!!!!!
Just my 2 cents.
Would you be using the same amount of dollar size to trade when you go live? Even when you use the same dollar amount to trade on demo, you are bound to have issues when you go live. Would be of great advantage if you use the same contract size for demo and treat the account as if it was a live account so that it will be a smooth transition from demo to live. Hope it helps. Happy trading and all the best!
  • #37,653
  • Edited 2:03pm Feb 28, 2018 8:30am | Edited 2:03pm
Quoting Pair-me-up
{quote} You are too kind! You wouldn't believe me if I told you... because of all of my typos. However, I am an language teacher. When I am in teacher mode, I focus on every word that comes out of my mouth and write everything according to the rules of grammar for my students. But when I am off duty... everything looks like a quick rough draft that I need to go back and rewrite it without the spelling or grammatical mistakes. ha ha ha.. Anyways... I often have to explain to my students the logic behind some of the slang or idioms that we use in...
I am shaping my English here. I already learned a lot ( I remember when Damian wrote in the past that he came under water or storm (do not remember exactly the expression). I checked the weather in Miami on google, but ok it meant something else.
  • #37,654
  • Feb 28, 2018 8:33am Feb 28, 2018 8:33am
YM - short, averaged into 25408.
  • #37,655
  • Feb 28, 2018 8:33am Feb 28, 2018 8:33am
Phew.. YM is a real battlefield compared to forex..
It is as fast as when I use playback in Ninjatrader for EURUSD on 50x speed
Ending with +4 for the day so far..
  • #37,656
  • Feb 28, 2018 8:37am Feb 28, 2018 8:37am
Quoting evocpr19
{quote} I am shaping my English here. I learned already a lot ( I remember when Damian wrote on the past that he came under water or storm (do not remember exactly the expression). I checked the weather in Miami on google, but ok it meant something else.
that is funny my friend. I often forget that US expressions don't translate well some times.
If you fail to plan, you plan to fail.
  • #37,657
  • Feb 28, 2018 8:39am Feb 28, 2018 8:39am
Quoting Mr. Pip
{quote} that is funny my friend. I often forget that US expressions don't translate well some times.
I called one of evocpr19's trades ridiculously good last week, he wasn't exactly sure if I was complementing him or not
I think if evocpr19 can help me learn to trade better, and I can help teach him some english phrases, I'll be getting the better deal....
  • #37,658
  • Feb 28, 2018 8:41am Feb 28, 2018 8:41am
Quoting evocpr19
{quote} I am shaping my English here. I learned already a lot ( I remember when Damian wrote on the past that he came under water or storm (do not remember exactly the expression). I checked the weather in Miami on google, but ok it meant something else.

Well if you have any questions about grammar. Let me know. I actually have a cousin that works for the Los Angeles Unified School District. We both are teaching first graders. She says that they have the best reading program in the country.... ha ha ha... They still use whole language to teach reading. My students that I teach EFL to, can already read college level vocabulary with out having to memorize how to read them like some giant cluster of words blobbed together. Most American students nowadays are very poor readers. Especially boys. But that is because they have a physically different way of processing information than girls.


Anyways... it is past my bed time. I hope to catch up to you and Mr. Pip here on the thread and contribute.
Luck has no place in trading. Leave that for the poker table.
  • #37,659
  • Feb 28, 2018 8:48am Feb 28, 2018 8:48am
Ended my trading day.

2 winners, 1 BE, no losers so far. + 105

Thanks Damian for your time.

Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-18 (233 Tick Heiken-Ashi) 2018_02_28.png Size: 73 KB
  • #37,660
  • Feb 28, 2018 8:51am Feb 28, 2018 8:51am
Quoting Mr. Pip
{quote} that is funny my friend. I often forget that US expressions don't translate well some times.
You are correct that somethings don't translate well. That is because language is formed from culture and environment. However, all human being can produce about 144 phonemes. So sometimes, we as people will invent words for our language that sound like other languages.

For example... I was in a check out line with my sister many years ago. I was tell her that in japones, pig is Buta. Suddenly, this Spanish speaking lady infront of us, swiftly turned around and gave us super glowering face. Then my sister said...hey becareful!! it means *@$%#@ in Spanish. I was like...ooops... I forgot about that.

Or in Japanese... Kasa means umbrella... but casa means house.... but they both protect you from the rain.

Language is a lot of fun.... and fun to teach....

Now I need to learn a new language.....Price action trading with no translator...a.k.a. indicators.
Luck has no place in trading. Leave that for the poker table.
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