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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

  • #38,841
  • Mar 23, 2018 10:58am Mar 23, 2018 10:58am
Quoting Nik-Nyc
{quote} Hey Ensale, Nice to see you around . . . i see we agree on some points but not on others. Fair enough. N.
Indeed.. I found this thread through you. since I saw the use of fibs and certain patterns that are in common with me. I take an interest in following the traders in this thread from time to time..

Hope a good weekend for all.. Nik-nyc
It's in fear when people show what they truly value.
  • #38,842
  • Mar 23, 2018 10:58am Mar 23, 2018 10:58am
Quoting evocpr19
Second part YM: +217. I did a mistake, wanted to reduce risk, but got rid of the wrong lot size, so now I am out. {image}
Congrats, on your 217 points that is remarkable. I have seen the back and forth between you and a couple of members. I also do not understand you answer on French rules or whatever. Members are intrigued by your trades and some of your thought process behind some of your entries. At times they seem against expectation and and inconsistent. The only thing that is consistent seems to be your win rate.

I think traders want to know more detail on your thought process and reasoning for some of the entries that seem to be against what the market is working towards. Don't take offense to the comments or posts. Seeing some trades taken in real time like i post helps people see and understand at times the message clearer. You know the expression a picture is worth a thousands words or something like that well it is true. I think your success is remarkable I can't trade at the efficiency you trade and we are all students here no one is better or worse we are all here to learn from each other.

I would like open dialog that is constructive to the development of trading and the questions asked were not an attack on you they are questions I have wondered at times myself. Let's help each other to continue growing and be constructive in our answers. You seem to have polished the skills I have been attempting to show here better than even myself and that will bring many to ask questions so they can grow as well.

Have I made my point? No one is attacking you. They just want to know how you do it. Good luck and I hope my response does not push you away. I don't understand why we get do defensive when we are put to the task.
If you fail to plan, you plan to fail.
  • #38,843
  • Mar 23, 2018 11:00am Mar 23, 2018 11:00am
As you can see, price came directly in my AOI, without giving me the necessary rotation candle according to my rules. And what happens, you get FOMO symptoms. Don't get yourself in this mindset and think about the bigger picture. There is always going to be a next trade, but not if you keep blowing your account on trades that aren't in your trade plan.

Discipline is key.
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"Luck is when opportunity meets preparation"
  • #38,844
  • Mar 23, 2018 11:02am Mar 23, 2018 11:02am
Quoting Mr. Pip
{quote} Congrats, on your 217 points that is remarkable. I have seen the back and forth between you and a couple of members. I also do not understand you answer on French rules or whatever. Members are intrigued by your trades and some of your thought process behind some of your entries. At times they seem against expectation and and inconsistent. The only thing that is consistent seems to be your win rate. I think traders want to know more detail on your thought process and reasoning for some of the entries that seem to be against what the market...
Amen.
"Luck is when opportunity meets preparation"
  • #38,845
  • Mar 23, 2018 11:04am Mar 23, 2018 11:04am
In regards to everyone's recent upset on Evo's charts. The reason it looks so different than Mr. Pip is because, to me, it looks like Evo is reading multiple order flows on the same timeframe and also trading both at the same time. The discipline and focus required to do that is astounding and looks way more complex than it is. Evo's rules I'm guessing more than likely don't have as strict candle rotation requirements that is why it seems like he just "gets in whenever". It looks like Evo's trade plan is rooted in order flow because he takes trades when there is weakness in the correct area whether he gets the rotation or not.

In all reality, Evo is an excellent trader and like others have stated, has the pulse of the market. But no one will never trade like him because no one is him. The best thing to do is to understand how he trades through YOUR eyes because it's YOUR frame of reference. Best of luck trading everyone!
  • #38,846
  • Mar 23, 2018 11:07am Mar 23, 2018 11:07am
Quoting Sheeep44
As you can see, price came directly in my AOI, without giving me the necessary rotation candle according to my rules. And what happens, you get FOMO symptoms. Don't get yourself in this mindset and think about the bigger picture. There is always going to be a next trade, but not if you keep blowing your account on trades that aren't in your trade plan. Discipline is key. {image}
Let price show you what it wants from you. See it as the wind, you can't change the wind nor its direction. The only thing you want to do is to take advantage of its endless opportunities it gives us trades and take advantage of it on OUR terms.

deep retracement on the Immediate OF, just waiting for a weaker Immediate OF NSH, to give us EVEN more of a ' case for entry', with now a pattern as confluence as well. ( lower blue arrow )

Think that will be it for this week, enjoy the weekend everyone!
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"Luck is when opportunity meets preparation"
  • #38,847
  • Mar 23, 2018 11:08am Mar 23, 2018 11:08am
Out with +24
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  • #38,848
  • Mar 23, 2018 11:18am Mar 23, 2018 11:18am
Quoting S41nt
In regards to everyone's recent upset on Evo's charts. The reason it looks so different than Mr. Pip is because, to me, it looks like Evo is reading multiple order flows on the same timeframe and also trading both at the same time. The discipline and focus required to do that is astounding and looks way more complex than it is. Evo's rules I'm guessing more than likely don't have as strict candle rotation requirements that is why it seems like he just "gets in whenever". It looks like Evo's trade plan is rooted in order flow because he takes trades...
Nicely said. (I do not care about rotation).

Damian, if you find that some posts were not attacking, then I life on a different planet.

However, I expect from people to invest time and prepare a chart on which is visible what the person sees and where I can (maybe) add my 2 cents. You teach like in a classroom. Perfect, but I do not want to take this approach.
I am not a teacher and do not have the time to prepare my charts with lines fibs, boxes or whatever that I do not use myself.
I can do it (as I did a couple of weeks ago) from time to time to explain it in more detail, but not every day.

But ok, it starts to annoy me, so I choose the easiest path and will join the row of silent traders.
  • #38,849
  • Mar 23, 2018 11:29am Mar 23, 2018 11:29am
Quoting S41nt
In regards to everyone's recent upset on Evo's charts. The reason it looks so different than Mr. Pip is because, to me, it looks like Evo is reading multiple order flows on the same timeframe and also trading both at the same time. The discipline and focus required to do that is astounding and looks way more complex than it is. Evo's rules I'm guessing more than likely don't have as strict candle rotation requirements that is why it seems like he just "gets in whenever". It looks like Evo's trade plan is rooted in order flow because he takes trades...
Come on, what you are saying does not help. Do you really believe that people should see the chart through their eyes and try to guess what someone else is thinking? Does that help anyone learn anything or grow?

This is not a pissing match or and attack on anyone so stop turning it into one. I have an expectation from people who post here. This is a place to learn not a place to guess what someone might be thinking. Anyone here should be happy enough that someone sees something important enough as to ask a question on it. Some questions are difficult and uncomfortable and that is ok.

My expectation is for everyone to help each other and not turn this into a chicken coop. That goes for everyone. We have a responsibility to lead and to clarify where there is confusion. If anyone here feels above this then I would appreciate the silence of their absence.

We are here to grow me and everyone included.
If you fail to plan, you plan to fail.
  • #38,850
  • Mar 23, 2018 11:33am Mar 23, 2018 11:33am
Quoting evocpr19
{quote} Nicely said. (I do not care about rotation). Damian, if you find that some posts were not attacking, then I life on a different planet. However, I expect from people to invest time and prepare a chart on which is visible what the person sees and where I can (maybe) add my 2 cents. You teach like in a classroom. Perfect, but I do not want to take this approach. I am not a teacher and do not have the time to prepare my charts with lines fibs, boxes or whatever that I do not use myself. I can do it (as I did a couple of weeks ago) from time...
J’espère que tu vas continuer à participer, je regarde ce que tu fais avec attention même si je comprend pas toujours. Bonne fin de semaine.
Time is an illusion, timing is an art.
  • #38,851
  • Mar 23, 2018 11:40am Mar 23, 2018 11:40am
Quoting evocpr19
{quote} Nicely said. (I do not care about rotation). Damian, if you find that some posts were not attacking, then I life on a different planet. However, I expect from people to invest time and prepare a chart on which is visible what the person sees and where I can (maybe) add my 2 cents. You teach like in a classroom. Perfect, but I do not want to take this approach. I am not a teacher and do not have the time to prepare my charts with lines fibs, boxes or whatever that I do not use myself. I can do it (as I did a couple of weeks ago) from time...
This seems like your usual response, your feelings get hurt and you threaten to not post and others including myself have encouraged you to continue to post. If you don't have the time or feel threatened in any way then don't post I much rather have your silence then a pissing match every time you are asked a question. I will not ask you to stay or to go and let your conscious be your guide. I wish you well Evo.
If you fail to plan, you plan to fail.
  • #38,852
  • Mar 23, 2018 11:40am Mar 23, 2018 11:40am
I'm currently short.. have started testing out the 38 fib trail method as Damian has mentioned in one of his videos!

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  • #38,853
  • Mar 23, 2018 11:43am Mar 23, 2018 11:43am
If anyone is looking for the best way to find a PRZ, I'll start posting my SL's. Seems to hit and reverse direction everytime...
  • #38,854
  • Mar 23, 2018 11:49am Mar 23, 2018 11:49am
Quoting Prock
I'm currently short.. have started testing out the 38 fib trail method as Damian has mentioned in one of his videos! {image}

Out with +72
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  • #38,855
  • Mar 23, 2018 12:11pm Mar 23, 2018 12:11pm
Some live forex trades on H8 and H4.

I've been experimenting with entries that don't involve rotation candles since on these longer time frames (H4 and H8) I'm not always near the computer when my area of interest is hit. I'm not ready to put rules to paper quite yet but having some luck with decent entries. Of course I always run the risk of price blowing past my entry to make a new structure high or low but I figure if we're working on that 70% expectancy and my stop loss is otherwise in the right place then I'm thinking losing out to an occasional unforeseen NSH or NSL is just the cost of doing business.

1. Short NZD/USD on H8 chart. Zooming out on chart shows an expectation of a long term NSL so a short is trading with long term expectation even though the most recent low before entering trade didn't quite make a NSL. Moved to BE+ at a new NSL. I'm using a static TP at the 1.618 and will start to trail aggressively to most recent pullback (or highest fractal) at the 1.27 moving down with each reasonable fractal that correspond to the pullbacks in price on this time frame. The fractals are just cheaters...visual cues. For me they make it easier to visualize what's happening. I often use Ichimoku, not as an entry trigger, but to help visualize structure / support & resistance.

2. Short AUD/JPY on H8. Moved to nearest reasonable fractal at touch of 1.27. Static at 1.618. If it hits it I'm out. Price may go on but seems to usually start to pull back. Using the fractals only for a trailing SL seems to leave some extra on the table whereas taking profit at the 1.618 seems to grab a little extra.

3. Short NZD/JPY on H4. Move to BE+ at touch of 1.27. Fractal hasn't had a chance to form but locking into a free trade on this particular time frame. Again, static stop at 1.618/

4. Short CAD/JPY on H8. Experimenting here with Heikin Ashi candles and an entry method that in a small way involves a breakout. I won't go into detail because I don't think it's a method I'll consistently use. Really just trying something out with HA candles while including some of the basics taught by Mr. Pip. So far it's just given me a late entry.
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  • #38,856
  • Mar 23, 2018 12:41pm Mar 23, 2018 12:41pm
Quoting Sheeep44
As you can see, price came directly in my AOI, without giving me the necessary rotation candle according to my rules. And what happens, you get FOMO symptoms. Don't get yourself in this mindset and think about the bigger picture. There is always going to be a next trade, but not if you keep blowing your account on trades that aren't in your trade plan. Discipline is key. {image}
Nice Sheeep44. Reading UJ like you...
Was happy to find that we had the same area of interest.
Still having issues with target tho... Taken out for +20
Whats the meaning of FOMO? Thanks
  • #38,857
  • Mar 23, 2018 1:21pm Mar 23, 2018 1:21pm
Quoting KensTrader
{quote} Nice Sheeep44. Reading UJ like you... Was happy to find that we had the same area of interest. Still having issues with target tho... Taken out for +20 Whats the meaning of FOMO? Thanks
Hi Kens,
FOMO= Fear Of Missing Out
Always trade your own plan...I don't provide trading signals.
  • #38,858
  • Mar 23, 2018 1:35pm Mar 23, 2018 1:35pm
Quoting Coreg2004
{quote} Hi Kens, FOMO= Fear Of Missing Out
Thank you Coreg2004
  • #38,859
  • Mar 23, 2018 3:48pm Mar 23, 2018 3:48pm
Quoting JeanValJean.
{quote} J’espère que tu vas continuer à participer, je regarde ce que tu fais avec attention même si je comprend pas toujours. Bonne fin de semaine.
Pardon my french...

EVO, You know - it is no help to see these aw-some charts/trades from you, if for instance this question by a very polite new FF member ask:

qwertytrader ask: (https://www.forexfactory.com/qwertytrader)
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
See the question here: https://www.forexfactory.com/showthr...1#post10854731 (https://www.forexfactory.com/showthread.php?p=10854731#post10854731)

Then, EVO what was the answer to the poor fellow - posting his first and only question here at FF ?? well, Unfortunenally it is deleted by EVO yourself - but I asure you it wasn't polite at all. You told this guy to shut up and don't ask question anymore before he first read and post and I don't remember exactly, what. Come on man, take it easy...

The sad part about this is - it is some kind off mud throwing (is that a word in english??) Or when the shit hits the fan.... I dont know for sure...
I mean I don't know where this will end. As you Evo have threathend with many time , to stop posting- well, maybee,,,
Or worst case for me - MR. Pip call it a day and say - this is a kindergarten, goodbye fellow traders... Oh, I certainly do not hope that outcome.

Have anyone seen the VIKINGS at HBO. - they end up for sure fighting...

My dream is next year- when I (and others Structure trader) have made our first 100K, that we all meet in Miami and celebrate this community...

Just a thought...
Are you profitable? I am not... yet...
  • #38,860
  • Mar 23, 2018 4:10pm Mar 23, 2018 4:10pm
Quoting Pjort
My dream is next year- when I (and others Structure trader) have made our first 100K, that we all meet in Miami and celebrate this community... Just a thought...
NICEE!!! I have also thought that. To do my first 100k and go to Miami and meet Mr. Pip. LOL. It's good to know that I'm not the only one. We will make it!!! cheers!!! Good weekend to everyone !!!!
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