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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

  • #38,921
  • Mar 26, 2018 10:26am Mar 26, 2018 10:26am
Short 23779
TP 23699
SL 23834

Started on the pain train but will see how it plays out.

Looks like it will be a rocky ride.
Attached Image (click to enlarge)
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  • #38,922
  • Mar 26, 2018 10:34am Mar 26, 2018 10:34am
shorted YM 144t, got BE+1, total 139 today

Attached Image (click to enlarge)
Click to Enlarge Name: YM 06-18 (144 Tick) 2018_03_26.png Size: 79 KB
  • #38,923
  • Mar 26, 2018 10:38am Mar 26, 2018 10:38am
Quoting suirad0
shorted YM 144t, got BE+1, total 139 today {image}
Congratulations
  • #38,924
  • Mar 26, 2018 10:42am Mar 26, 2018 10:42am
Stopped out.

Not my day today.

-78, +5, -57 = -130
Attached Image (click to enlarge)
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  • #38,925
  • Mar 26, 2018 10:46am Mar 26, 2018 10:46am
Quoting suirad0
shorted YM 144t, got BE+1, total 139 today {image}
Great job!!!!
If you fail to plan, you plan to fail.
  • #38,926
  • Mar 26, 2018 10:46am Mar 26, 2018 10:46am
Catch you guys tomorrow.
If you fail to plan, you plan to fail.
  • #38,927
  • Mar 26, 2018 10:46am Mar 26, 2018 10:46am
Hi Mr Pip,

I am a totally newbie here & there's so much for me to learn. And thanks to you, my learning curve has shorten a little bit. Now, I'm in my way watching all your vids & posts. But something comes up & I really wanna ask you about. In your newest Livestream, you had mentioned that, with only 2000 is sufficient for one to start. I have tried to calculate a bit. Well, with $2000 & 2% risk per trader, you can risk only $40, and consider ym price is $5/point. Does that mean you can only risk max 8 points per trade? That is too small, isn't it? That confused me a lot. Can you please help me with that?

And once again, your work is really amazing. Thank you so much xD.
  • #38,928
  • Mar 26, 2018 10:47am Mar 26, 2018 10:47am
Quoting PeteH
Stopped out. Not my day today. -78, +5, -57 = -130 {image}
Shake it off
If you fail to plan, you plan to fail.
  • #38,929
  • Mar 26, 2018 12:10pm Mar 26, 2018 12:10pm
Still chugging on the M6A. Trading at the speed of smell.

Opened on 3/22.
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  • #38,930
  • Edited 12:55pm Mar 26, 2018 12:44pm | Edited 12:55pm
opened buy on YM 233 (last for today), moved SL to BE+2
Edit: got BE+0

Attached Image (click to enlarge)
Click to Enlarge Name: YM 06-18 (233 Tick) 2018_03_26-2.png Size: 76 KB
  • #38,931
  • Mar 26, 2018 12:45pm Mar 26, 2018 12:45pm
Long USD/CHF on 8 hour chart

Short term expectation of a NSH. Longer term this is a retracement that has nearly reached the 50% fib but I think could go a little higher.

If price breaks below .9400 I'll have to reexamine my expectations and probably adjust profit target as there's a good chance price will be shifting to downside after a pullback. As is I'm guessing a shift back to the upside just above .9400 (fair amount of support at .9408).

Of course, I could be completely wrong. It'll be fun to watch.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usdchf longer.jpg Size: 93 KB
Click to Enlarge Name: usdchf shorter.jpg Size: 69 KB
  • #38,932
  • Mar 26, 2018 12:54pm Mar 26, 2018 12:54pm
I have shorted at the 78.6% levels of FIbonacci after having checked the redundancy of the harmonic.

My target was touched too fast and did not keep all the way down...

Tuff life...
Attached Image (click to enlarge)
Click to Enlarge Name: YMM8_260318_233trades_Retracement_78.6.png Size: 424 KB
  • #38,933
  • Mar 26, 2018 1:44pm Mar 26, 2018 1:44pm
A longer term long locked in 100
Attached Image (click to enlarge)
Click to Enlarge Name: YM 06-18 (1597 Tick) 2018_03_26.png Size: 62 KB
If you fail to plan, you plan to fail.
  • #38,934
  • Mar 26, 2018 1:56pm Mar 26, 2018 1:56pm
Quoting Mr. Pip
A longer term long locked in 100 {image}
Mr. Pip,

The expectation here was for a NSL, for 1597T, there is still no evidence of expectation failure. What informed this Long trade. Just to get your thought process.
  • #38,935
  • Mar 26, 2018 3:45pm Mar 26, 2018 3:45pm
Quoting AzizLight
Long USD/CHF on 8 hour chart Short term expectation of a NSH. Longer term this is a retracement that has nearly reached the 50% fib but I think could go a little higher. If price breaks below .9400 I'll have to reexamine my expectations and probably adjust profit target as there's a good chance price will hbe shifting to downside after a pullback. As is I'm guessing a shift back to the upside just above .9400 (fair amount of support at .9408). Of course, I could be completely wrong. It'll be fun to watch. {image} {image}
How are the 8 hour charts going buddy? I see you made the switch from YM to Forex.
"Luck is when opportunity meets preparation"
  • #38,936
  • Mar 26, 2018 6:13pm Mar 26, 2018 6:13pm
Update on the longer term
Attached Image (click to enlarge)
Click to Enlarge Name: YM 06-18 (1597 Tick) 2018_03_26.png Size: 62 KB
If you fail to plan, you plan to fail.
  • #38,937
  • Mar 26, 2018 6:25pm Mar 26, 2018 6:25pm
Quoting mukai
{quote} Mr. Pip, The expectation here was for a NSL, for 1597T, there is still no evidence of expectation failure. What informed this Long trade. Just to get your thought process.
The chart below explains the trade. Basically there were clear areas that the sellers needed to defend and they did not. This was my reasoning on my first intraday long I knew this market had a very high chance of going up and the intraday order flow over night was very bullish but it is what it is . I capitalized on the longer term. Let me know is you understand my chart or need further explanation?
Attached Image (click to enlarge)
Click to Enlarge Name: YM 06-18 (1597 Tick) 2018_03_26.png Size: 81 KB
If you fail to plan, you plan to fail.
  • #38,938
  • Mar 26, 2018 6:31pm Mar 26, 2018 6:31pm
Quoting Mr. Pip
The next live stream will be on April 11. Try to make yourselves available. I look forward to the opportunity and in seeing you all there.
Well what do you know, I am actually off work that day, so looks like I will be attending my first live stream!!

+47 on the day today (all on here apart from a morning trade for +12)

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  • #38,939
  • Mar 26, 2018 7:21pm Mar 26, 2018 7:21pm
Locked in at the 1:1
Attached Image (click to enlarge)
Click to Enlarge Name: YM 06-18 (1597 Tick) 2018_03_26.png Size: 61 KB
If you fail to plan, you plan to fail.
  • #38,940
  • Mar 26, 2018 7:25pm Mar 26, 2018 7:25pm
Quoting lifespirit
I have shorted at the 78.6% levels of FIbonacci after having checked the redundancy of the harmonic. My target was touched too fast and did not keep all the way down... Tuff life... {image}
Busy chart well done.
If you fail to plan, you plan to fail.
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