Ratios & Harmonics: a Different Way to Trade | Page 1910 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

"Ratios & Harmonics: a Different Way to Trade." Summary 37 replies

Learning to trade with harmonics 11 replies

Time for Change - Pivots & Harmonics to freedom 67 replies

180 reasons to trade Harmonics and Patterns 13 replies

Group Trading based on Elliott wave and Harmonics 0 replies

Attachments: Ratios & Harmonics: a Different Way to Trade
Exit Attachments

Ratios & Harmonics: a Different Way to Trade

  • #38,181
  • Mar 8, 2018 7:30pm Mar 8, 2018 7:30pm
Quoting evocpr19
{quote} Yes and no, but I do not want to confuse you. If you trade the second leg, you get an additional confirmation.
Hi evo,

Curious - looking through your charts, it seems a majority of your trades are counter-trend on your entry timeframe, often with little confluence. Are you primarily taking trades at a higher timeframe key area, and entering/managing them on your entry timeframe (89t)?

Thanks for your time
  • #38,182
  • Mar 8, 2018 8:25pm Mar 8, 2018 8:25pm
Quoting evocpr19
{quote} This is a real problem. I like too much trading and I have to adapt my trading a bit to my train schedule. When at home, I have more freedom to let run things.

Dude!!! You're so awesome at trading! Why don't you just quite your other job(s) and just trade for your job?
Luck has no place in trading. Leave that for the poker table.
  • #38,183
  • Mar 8, 2018 9:28pm Mar 8, 2018 9:28pm
Push for High please

LONG US30 M5

TP 60 SL 40
Attached Image (click to enlarge)
Click to Enlarge Name: US30M5.png Size: 30 KB
  • #38,184
  • Edited Mar 9, 2018 12:22am Mar 8, 2018 10:26pm | Edited Mar 9, 2018 12:22am
Quoting HighGarden
Push for High please LONG US30 M5 TP 60 SL 40 {image}
Im out, Loss, Next!
Attached Image (click to enlarge)
Click to Enlarge Name: US30M5.png Size: 34 KB
  • #38,185
  • Mar 8, 2018 11:48pm Mar 8, 2018 11:48pm
Short US30 M5
TP 90 SL 80
Attached Image (click to enlarge)
Click to Enlarge Name: US30M5.png Size: 32 KB
  • #38,186
  • Mar 9, 2018 12:10am Mar 9, 2018 12:10am
Quoting Pair-me-up
{quote} Dude!!! You're so awesome at trading! Why don't you just quite your other job(s) and just trade for your job?
This is the plan, but need more "data" before doing the final step and I have to figure out different things about setting up a company in France,...
  • #38,187
  • Mar 9, 2018 12:21am Mar 9, 2018 12:21am
Quoting HighGarden
Short US30 M5 TP 90 SL 80 {image}
Im out, Loss, Next!
Attached Image (click to enlarge)
Click to Enlarge Name: US30M5.png Size: 30 KB
  • #38,188
  • Edited 4:23am Mar 9, 2018 12:26am | Edited 4:23am
Quoting qwertytrader
{quote} Hi evo, Curious - looking through your charts, it seems a majority of your trades are counter-trend on your entry timeframe, often with little confluence. Are you primarily taking trades at a higher timeframe key area, and entering/managing them on your entry timeframe (89t)? Thanks for your time
Please read post 37,865 as a start and follow first more what Mr. Pip is doing. He is the prof. trader, not me.

Maybe I should clarify a thing. I am not here to educate how I trade (otherwise I would start a thread myself). I am here to learn myself AND to help people reading a chart and optimise their own trade plan. Later, there is maybe room to look at other things (other trading opportunities,...).
However, you have to be the driving force, not me.

Funny, when I try to give an hindsight on how I approach a chart by asking questions which are directed to create a learning effect. I get nearly no answers. Strange world.
  • #38,189
  • Mar 9, 2018 12:36am Mar 9, 2018 12:36am
Short US30 M5
TP 80 SL 60
Attached Image (click to enlarge)
Click to Enlarge Name: US30M5.png Size: 32 KB
  • #38,190
  • Mar 9, 2018 12:37am Mar 9, 2018 12:37am
Quoting HighGarden
Short US30 M5 TP 80 SL 60 {image}
Not a good rotation candle for me.
It's in fear when people show what they truly value.
  • #38,191
  • Mar 9, 2018 1:06am Mar 9, 2018 1:06am
Quoting HighGarden
{quote} Im out, Loss, Next! {image}
Why are you stopped out...shouldn't you put your SL below the swing?
  • #38,192
  • Mar 9, 2018 1:26am Mar 9, 2018 1:26am
Quoting HighGarden
Short US30 M5 TP 80 SL 60 {image}
US30 +6

Next!
Attached Image (click to enlarge)
Click to Enlarge Name: US30M5.png Size: 33 KB
  • #38,193
  • Mar 9, 2018 1:27am Mar 9, 2018 1:27am
Quoting x3m-PippiN
{quote} Why are you stopped out...shouldn't you put your SL below the swing?
I dont get stop out, my stoploss far away below or above structure.
But when in my view its not right, i cut it loss.
  • #38,194
  • Edited 4:30am Mar 9, 2018 3:02am | Edited 4:30am
Quoting evocpr19
{quote} Please read post 37,865 as a start and follow first more what Mr. Pip is doing. He is the prof. trader, not me. Maybe I should clarify a thing. I am not here to educate how I trade (otherwise I would start a thread myself). I am here to learn myself AND to help people reading a chart and optimise their own trade plan. Later, there is maybe room to look at other things (other trading opportunities,...). However, you have to be the driving force, not me. Funny, when I try to give an hindsight on how I approach a chart by asking questions which...
nicely say this is a learning thread not a holy grail thread everyone learns from 1 another using Damian's method

Edit: many ppl here must have think Evo found the "holy grail" given his 2018 trading but honestly if you look back sometime in Jun 2016 on the threads he posted he also started somewhere just like you and me(with ups and downs like everyone else just too bad that i started later)
  • #38,195
  • Mar 9, 2018 3:16am Mar 9, 2018 3:16am
Quoting evocpr19
{quote} Please read post 37,865 as a start and follow first more what Mr. Pip is doing. He is the prof. trader, not me. Maybe I should clarify a thing. I am not here to educate how I trade (otherwise I would start a thread myself). I am here to learn myself AND to help people reading a chart and optimise their own trade plan. Later, there is maybe room to look at other things (other trading opportunities,...). However, you have to be the driving force, not me. Funny, when I try to give an hindsight on how I approach a chart by asking questions which...
Fully agree on the driving force element. trader's that are a force by themselves tend to make progress and break obstacles.. whereas overly relying on someone or not studying themselves what is occurring.. I think the market is the best teacher. if your are willing to listen and tune in..
It's in fear when people show what they truly value.
  • #38,196
  • Mar 9, 2018 5:20am Mar 9, 2018 5:20am
So, it seems to me in the view of a few, that the best way to teach is the sing or swim method. Basically get thrown in to the water and let them fight for their lives.. ha ha ha.

Confidence comes from skills that are taught correctly and from lessons that are often reviewed to reinforce the skills being learned.

People will often rely on their teacher until they have gained the knowledge correctly that give them the confidence to go and put those skills into practice.

I feel that the best teaching method is to teach first, and then ask the person to teach back what was just taught. That way the teacher knows if their teaching method is correct, or if they need to word things differently to help their student to truly learn.... assuming that is their sincere goal.

If the person that is learning can't teach it back correctly, then the teacher should give the answer again and explain it more clearly.

Also, some people teach how to do it only. And great teachers teach the logic reasoning(why) behind the method so that the person they are teaching will use the logic to know how to do it.

To those that don't think they are a teacher.... everyone is a teacher. To teach, simply means to bestow knowledge upon others that they don't already know in order to enlighten them and make their lives better.

We all teach others regardless if we know it or not. We can learn from the examples of others. And we can also learn what not to do from good bad examples of others.
A good student is a good teacher. A good teacher always continues to be a good teacher.

So, if you want to know if a person is a good teacher, then they should be able to teach you what they have learned correctly because they are a great student. If I am wrong regarding my views, let me know so that I may learn more.
Luck has no place in trading. Leave that for the poker table.
  • #38,197
  • Mar 9, 2018 6:50am Mar 9, 2018 6:50am
OMG, hard day today.
Attached Image (click to enlarge)
Click to Enlarge Name: US30M5.png Size: 44 KB
  • #38,198
  • Edited 7:29am Mar 9, 2018 6:52am | Edited 7:29am
Quoting Pair-me-up
So, it seems to me in the view of a few, that the best way to teach is the sing or swim method. Basically get thrown in to the water and let them fight for their lives.. ha ha ha. Confidence comes from skills that are taught correctly and from lessons that are often reviewed to reinforce the skills being learned. People will often rely on their teacher until they have gained the knowledge correctly that give them the confidence to go and put those skills into practice. I feel that the best teaching method is to teach first, and then ask the person...
I try it with other words (English is not my mother-tongue).

You decided to become a teacher - OK
Mr. Pip decided to teach trading - OK
It was for each of you your choice. I never asked to be a teacher. I offer my help to clarify things, but the driving force should not be me, but the concerned person.

"...Confidence comes from skills that are taught correctly and from lessons that are often reviewed to reinforce the skills being learned...": If you still have the feeling with arround 1900 pages thread, videos, live stream that there is a lack a support.
Then I would first ask myself: Do you have trading rules ? Did you follow them ?

If the answer is "yes", then something is wrong with your price chart reading. I see also many questions which are more linked to price chart reading, rather than "how to do".

Here, I could maybe help (for free). If this is not an offer for you, you do not need to take advantage of it.

My days are since months very long (wake up at 06.20 and go to bed at midnight or 1 o clock) and my wife is also not happy about the amount of time that I spend on the subject-matter trading (including trading, chats, thread,...).
  • #38,199
  • Edited 7:45am Mar 9, 2018 7:34am | Edited 7:45am
I am safed because of rotation candle,
I am out trade far before my stoploss at above structure.

Thanks to rotation candle.

and now, how i can read swing?
it is extreme bull candle.

if i buy at 1:1 completion of that down move,
it would be nice profit then, LOL
Attached Image(s) (click to enlarge)
Click to Enlarge Name: US30M5.png Size: 40 KB
Click to Enlarge Name: US30M51.png Size: 36 KB
  • #38,200
  • Mar 9, 2018 7:45am Mar 9, 2018 7:45am
Quoting HighGarden
I am safed because of rotation candle, I am out trade far before my stoploss at above structure. Thanks to rotation candle. and now, how i can read swing? it is extreme bull candle. if i buy at 1:1 completion of that down move, it would be nice profit then, LOL {image}

Or thanks to Trump meeting Kim Jong Un...
Are you profitable? I am not... yet...
35 traders viewing now