Ratios & Harmonics: a Different Way to Trade | Page 1939 | Forex Factory

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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

  • #38,761
  • Mar 22, 2018 8:49am Mar 22, 2018 8:49am
Good evening traders. Took a few demo nose dives. ha ha ha Reviewing some of my learning material. It seems like sometimes, I am so accurate and my confidence seems to grow and then I take a nose dive, which reminds me to study harder and train harder until I have more sustained smoothed average results.

I am in no rush to use real money until these goals are accomplished. And even then... I know that losses will come. But I will by then learn how to keep them very small like Mr. Pip and others.

So.... what is on the charts tonight?
Luck has no place in trading. Leave that for the poker table.
  • #38,762
  • Mar 22, 2018 8:56am Mar 22, 2018 8:56am
Quoting evocpr19
{quote} My trade was based on 89T and immediate orderflow was for a NSH
On the 89T chart the clear swing high was at 24859 and clear swing low was at 24700. Anything between was on a microscopic scale but not on the 89T chart.
  • #38,763
  • Mar 22, 2018 9:07am Mar 22, 2018 9:07am
so far 2 trades on demo. I missed the first short at the open because I wasn't home then but big swings today
Attached Image (click to enlarge)
Click to Enlarge Name: YM 06-18 (89 Tick) 2018_03_22.png Size: 103 KB
  • #38,764
  • Mar 22, 2018 9:14am Mar 22, 2018 9:14am
Trying to work on my targets..
Attached Image (click to enlarge)
Click to Enlarge Name: YM 06-18 (233 Tick) 2018_03_22.png Size: 43 KB
Luck has no place in trading. Leave that for the poker table.
  • #38,765
  • Mar 22, 2018 9:14am Mar 22, 2018 9:14am
Attached Image (click to enlarge)
Click to Enlarge Name: jeudi.png Size: 74 KB

Take Out +81
Attached Image (click to enlarge)
Click to Enlarge Name: jeudi1.png Size: 76 KB
Time is an illusion, timing is an art.
  • #38,766
  • Mar 22, 2018 9:17am Mar 22, 2018 9:17am
It came within one point of my target, then it hit my stop loss.
Attached Image (click to enlarge)
Click to Enlarge Name: YM 06-18 (89 Tick) 2018_03_22.png Size: 44 KB
Luck has no place in trading. Leave that for the poker table.
  • #38,767
  • Mar 22, 2018 9:17am Mar 22, 2018 9:17am
Funny to see that like most of the time after I get stopped out. My profittarget would have been reached
  • #38,768
  • Mar 22, 2018 9:22am Mar 22, 2018 9:22am
Profit hit.
Attached Image (click to enlarge)
Click to Enlarge Name: YM 06-18 (89 Tick) 2018_03_22.png Size: 38 KB
Luck has no place in trading. Leave that for the poker table.
  • #38,769
  • Edited 9:51am Mar 22, 2018 9:25am | Edited 9:51am
On longer time frame 1597 I have gone short.

Presently at Breakeven.

Hit aggressive trailing stop after NSL hit. +154 pips.

My first 150+ pip winner
Attached Image(s) (click to enlarge)
Click to Enlarge Name: YM 1597 1.png Size: 82 KB
Click to Enlarge Name: YM 1597 2.png Size: 135 KB
Click to Enlarge Name: YM 1597 3.png Size: 96 KB
  • #38,770
  • Mar 22, 2018 9:26am Mar 22, 2018 9:26am
Quoting JeanValJean.
{image} Take Out +81 {image}
Congrats.
  • #38,771
  • Mar 22, 2018 9:56am Mar 22, 2018 9:56am
looking for shorts.
Attached Image (click to enlarge)
Click to Enlarge Name: Schermafbeelding 2018-03-22 om 15.56.09.png Size: 110 KB
"Luck is when opportunity meets preparation"
  • #38,772
  • Mar 22, 2018 10:04am Mar 22, 2018 10:04am
Managed to squeeze out 184+ today

Attached Image (click to enlarge)
Click to Enlarge Name: YM 06-18 (89 Tick) 2018_03_22.png Size: 64 KB
  • #38,773
  • Mar 22, 2018 10:33am Mar 22, 2018 10:33am
Alright after some losses, I finished with +105
Tonight, I noticed that there were ABCD patterns that were within a larger ABCD pattern. Is this something that has already been covered? Patterns within patterns?
Luck has no place in trading. Leave that for the poker table.
  • #38,774
  • Mar 22, 2018 10:53am Mar 22, 2018 10:53am
Hello,

I was wondering if I could receive some good feedback about the areas of interest relative to Damian trading approach.

Attached a screenshot of the ESM8.

If I understood well, there is no point to get into position trying to get the lowest point of the down rally such as here, but to wait the price gets into an area of interest such as:

78.6% of Fibonacci
127% of Fibonacci

in between seems not easy to feel confident for now..

Thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: ESM8_220318_1597trades_fibonacci_areas_of_interest.png Size: 144 KB
  • #38,775
  • Mar 22, 2018 11:47am Mar 22, 2018 11:47am
Quoting lifespirit
Hello, I was wondering if I could receive some good feedback about the areas of interest relative to Damian trading approach. Attached a screenshot of the ESM8. If I understood well, there is no point to get into position trying to get the lowest point of the down rally such as here, but to wait the price gets into an area of interest such as: 78.6% of Fibonacci 127% of Fibonacci in between seems not easy to feel confident for now.. Thanks. {image}
Hi lifespirit,

I appreciate that you followed my advice given on PM to post, ask questions.. However, please do not forget to first start with all the training material provided by Mr. Pip.

You do not need to start from page 1, there is a page number mentioned (within the last 10 to 15 pages) where to start (do not remember the page number). Get familiar with theory and then practice. At this stage, it would not make any sense to discuss your posted question
  • #38,776
  • Mar 22, 2018 12:22pm Mar 22, 2018 12:22pm
This was my YM trade today: +219
Attached Image (click to enlarge)
Click to Enlarge Name: news1.jpg Size: 289 KB
  • #38,777
  • Mar 22, 2018 12:32pm Mar 22, 2018 12:32pm
Another 157+ - total for today: 341

Attached Image (click to enlarge)
Click to Enlarge Name: YM 06-18 (89 Tick) 2018_03_22.png Size: 84 KB
  • #38,778
  • Mar 22, 2018 2:23pm Mar 22, 2018 2:23pm
Dear evocpr19,

I believe you have misunderstood my previously posted suggestion.
I wasn’t quite looking for your trade signals, perhaps the reasons why you decided to enter and the trade management that follows.
I’m not interested in your signals, I am interested in growing with further knowledge. Just trying to learn as much as possible. Not trying to copy you. I am not interested either.

As I see it, you aren’t here to help anyone with educational tips to trading but to show off your charts, which isn’t the main goal of this entire thread as I see it, I would suggest you put your career in France in the first place and stop wasting our time.

Lastly, I believe I arrived to this forum slightly earlier that yourself. I have read this forum twice 3 years ago by now.

I hope you understand.

Best regards, sir
  • #38,779
  • Mar 22, 2018 2:32pm Mar 22, 2018 2:32pm
Quoting Tonete
Dear evocpr19, I believe you have misunderstood my previously posted suggestion. I wasn’t quite looking for your trade signals, perhaps the reasons why you decided to enter and the trade management that follows. I’m not interested in your signals, I am interested in growing with further knowledge. Just trying to learn as much as possible. Not trying to copy you. I am not interested either. As I see it, you aren’t here to help anyone with educational tips to trading but to show off your charts, which isn’t the main goal of this entire thread as I...
If you see my posts as waste of time, you are free to skip them. I asked you a question and after having read this forum twice, you should be able to answer it. If not, you should stop to waste your time and my time.
  • #38,780
  • Mar 22, 2018 2:53pm Mar 22, 2018 2:53pm
Hi All,

I just wanted to throw my 2 cents in.
I'm not sure why people feel it's ok to attack Evocpr19 on this thread. Jealousy I guess. I just wanted to say that I find his posts very helpful. He is also very clear that he is not a teacher and has limited time.

The last chart he posted actually helped me a lot. I took the same trade but entered 5 min before and allowed myself to get stopped out. Had I waited for the 1:1 to complete (as Evo did) I would've had a +110 like you instead of a -30.

Because his trades are so accurate I study everyone of them and if I'm sure of something he's always been kind enough to answer - which is not something he promised to do.

Please be respectful so we can all continue to learn. If you think he has a magic potion for trading, he does - millions of charts studied - something I'm working towards.
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