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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

  • #39,181
  • Apr 3, 2018 8:18am Apr 3, 2018 8:18am
Hello Traders, How is everyone doing today? The thread has been a bit quiet. I hope it nothing serious.
If you fail to plan, you plan to fail.
  • #39,182
  • Apr 3, 2018 8:30am Apr 3, 2018 8:30am
all good here...looking to make some trades tonight
  • #39,183
  • Apr 3, 2018 8:33am Apr 3, 2018 8:33am
Nothing too significant to report from yesterday. -10 points. read order flow wrong and bailed out
  • #39,184
  • Apr 3, 2018 8:36am Apr 3, 2018 8:36am
I haven't opened up another demo account yet. I've been doing a lot of review and practice with the ninja replay feature.
Luck has no place in trading. Leave that for the poker table.
  • #39,185
  • Apr 3, 2018 8:39am Apr 3, 2018 8:39am
Quoting parviz1953
{quote} Hi: Imo , if you check one time frame higher ,H4, then you may see that long term order flow ,The red trend line , was corrected to its 78.6%, and that the general long term trend is bearish, so if i want to take a side that would be short with SL above the beginning of red line and TP at 1.21000 and BE 1.22000. {image} And D1 time frame shows a channel that price is respecting its boundaries. {image}
Hi Parviz and Pipjr,

Thanks for taking time looking at my chart ! As I understand Mr Pip video about Structure Analysis; if a HL from a NSH is broken then its new expectation, like for a NSL. Se image:

Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2018-04-03 at 15.27.45.png Size: 174 KB

link https://www.youtube.com/watch?v=lH3h8oJ5K9k&t=508s watch 17.15min


Then in my trade (btw 40 pip down) there is a NSH at point D bc it has broken last LH of at point C.
Isnt that rigth? I mean then I must expect a NSH!??
See image:
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2018-04-03 at 15.32.45.png Size: 235 KB

MR PIP everything is fine here in snowing Denmark, we still wait for the spring to arrive...
Thank you for this thread. It means a lot to me...
Are you profitable? I am not... yet...
  • #39,186
  • Apr 3, 2018 8:40am Apr 3, 2018 8:40am
First entry
Attached Image (click to enlarge)
Click to Enlarge Name: YM 06-18 (144 Tick) 2018_04_03.png Size: 43 KB
If you fail to plan, you plan to fail.
  • #39,187
  • Apr 3, 2018 8:47am Apr 3, 2018 8:47am
long
Attached Image (click to enlarge)
Click to Enlarge Name: YM 06-18 (233 Tick) 2018_04_03v1.png Size: 39 KB
  • #39,188
  • Apr 3, 2018 8:52am Apr 3, 2018 8:52am
BE +2 taken out
  • #39,189
  • Apr 3, 2018 8:54am Apr 3, 2018 8:54am
Quoting RajD
BE +2 taken out
Same BE +0, had a bit worse price
  • #39,190
  • Apr 3, 2018 8:58am Apr 3, 2018 8:58am
Take out, reenter
Attached Image (click to enlarge)
Click to Enlarge Name: Mardi34.png Size: 79 KB
Time is an illusion, timing is an art.
  • #39,191
  • Apr 3, 2018 9:02am Apr 3, 2018 9:02am
Quoting Pjort
{quote} Hi Parviz and Pipjr, Thanks for taking time looking at my chart ! As I understand Mr Pip video about Structure Analysis; if a HL from a NSH is broken then its new expectation, like for a NSL. Se image: {image} link https://www.youtube.com/watch?v=lH3h8oJ5K9k&t=508s watch 17.15min Then in my trade (btw 40 pip down) there is a NSH at point D bc it has broken last LH of at point C. Isnt that rigth? I mean then I must expect a NSH!?? See image: {image} MR PIP everything is fine here in snowing Denmark, we still wait for the spring...
Hi Pjort,
I think the confusion may be in deciding where a NSH/NSL is. In red, I've drawn where I see it (making it a bearish market). In blue I drew where I think you are seeing it (making it a bullish market in the shorter term). Until it breaks above the black line, I wouldn't be looking for longs.
Hope that helps.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2018-04-02 at 23.23.27.png Size: 193 KB
  • #39,192
  • Apr 3, 2018 9:04am Apr 3, 2018 9:04am
market reacting well at the long term structure. most probably expectation failure to NSL
  • #39,193
  • Apr 3, 2018 9:04am Apr 3, 2018 9:04am
Second entry BE
Attached Image (click to enlarge)
Click to Enlarge Name: YM 06-18 (144 Tick) 2018_04_03.png Size: 48 KB
If you fail to plan, you plan to fail.
  • #39,194
  • Edited 9:25am Apr 3, 2018 9:08am | Edited 9:25am
Quoting Pjort
{quote} Hi Parviz and Pipjr, Thanks for taking time looking at my chart ! As I understand Mr Pip video about Structure Analysis; if a HL from a NSH is broken then its new expectation, like for a NSL. Se image: {image} link https://www.youtube.com/watch?v=lH3h8oJ5K9k&t=508s watch 17.15min Then in my trade (btw 40 pip down) there is a NSH at point D bc it has broken last LH of at point C. Isnt that rigth? I mean then I must expect a NSH!?? See image: {image} MR PIP everything is fine here in snowing Denmark, we still wait for the spring...
Look for your main swing, the main swing is your char is between NSH and your A point , all of the other swings between these two point, are complex correction.
Your point D is indeed a NSH since it closed higher than previous one , but how much is the projection..? and what do you expect next ?

Edited: Let me add two more point which may be of help:
1) In any time frame that you want to trade find the swing with highest high and lowest low on the chart, name it your main swing.
2) Always i check and look at the chart of at least one time frame higher, to get the general idea of the main trend of the market.
  • #39,195
  • Apr 3, 2018 9:08am Apr 3, 2018 9:08am
take out -54
Time is an illusion, timing is an art.
  • #39,196
  • Apr 3, 2018 9:09am Apr 3, 2018 9:09am
All is well Mr. Pips
Burnt already -57 USDJPY
Didn't post the chart but i poorly read Structure
- Next
  • #39,197
  • Apr 3, 2018 9:15am Apr 3, 2018 9:15am
+27
Attached Image (click to enlarge)
Click to Enlarge Name: Mardi45.png Size: 47 KB
Time is an illusion, timing is an art.
  • #39,198
  • Apr 3, 2018 9:17am Apr 3, 2018 9:17am
Quoting PipJr
{quote} Hi Pjort, I think the confusion may be in deciding where a NSH/NSL is. In red, I've drawn where I see it (making it a bearish market). In blue I drew where I think you are seeing it (making it a bullish market in the shorter term). Until it breaks above the black line, I wouldn't be looking for longs. Hope that helps. {image}
Dear PipJR
Allright - I see your point - Funny enough, normally I am not a very rigid type. Though here in this idear about expectation, is it not right that if we should follow the rules strict -we have a expectation of a NSH ?
Anyway - dont take this as a need for me to be right against you. I am just trying my best to stick to some rule.
Thats what I need in my journey as a trader. My trading history shows so many great entries but so many failure in following the plan.
Please bear over with me if I am wrong.
Regards Peter
Are you profitable? I am not... yet...
  • #39,199
  • Apr 3, 2018 9:22am Apr 3, 2018 9:22am
Third entry +12, 39 points so far the live stream will be fun fun fun!!!!!
Attached Image (click to enlarge)
Click to Enlarge Name: YM 06-18 (144 Tick) 2018_04_03.png Size: 48 KB
If you fail to plan, you plan to fail.
  • #39,200
  • Apr 3, 2018 9:22am Apr 3, 2018 9:22am
interested for shorts at 666
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