Ratios & Harmonics: a Different Way to Trade | Page 1982 | 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

  • #39,621
  • Apr 20, 2018 10:22am Apr 20, 2018 10:22am
O.k. stopped out for +355 ticks. I am done for the week. I still feel like I have tons to learn. I want to say thanks to everyone on this thread that posts their support/ resistance levels and how they trade them. I am on the 100 year learning curve.. but little by little..it is starting to sink in.. I hope. Have a great weekend, all.
Luck has no place in trading. Leave that for the poker table.
  • #39,622
  • Apr 20, 2018 10:36am Apr 20, 2018 10:36am
Quoting monocor
{quote} They did, in the same way as Greystone does every day, coz it is from akils course of harmonics. But if you will read posts and watch videos from mr.Pip you will see, that you can't sell, only longs, we have hier close, weak only means complex correction or deep retrasement , it is his words. If you will notice he says one thing and does another all the time, here this here that, you can't trade without trading plan, and to have in plan this and that it is improperly. Do next, ask him for exact trading plan, what is he using. My plan is...
I dont know how old you are but in Africa where i come from, i would first put you down and give you 12 strokes and invite the elders (village chiefs) to abolish you from the community. After all the pain i was going through trying to learn how to trade i found Mr. Pips thread. This thread brought a smile to my face.
Learning the right content at a free cost. Monocor, you cant identify structure on a chart and you say that you followed our mentor for 8 months.
Tumbavu! Mr. Pips posted his trade plan here on the thread
  • #39,623
  • Apr 20, 2018 10:41am Apr 20, 2018 10:41am
Quoting Tesmy
I believe Jason charges $597 for his 'mastery course'? (fact is he also sells other course such as 'podcast domination for $794 and 'Online Business Kickstarter Course' for $397). Is he a web entrepreneur or a full-time trader?
They are creative youtube content creators.

Quoting Tesmy
The fact is none of the above two have ever come up with anything original themselves. They too are simply re-packaging whatever appeals to them and trying to sell it a a price. The fact that they are not full-time traders also speaks volumes don't you think?
Mr. PIP was always transparent about his sources and where he learned from. And its very easy to do a google search and find out who "invented" the harmonic patterns. But it seems its too much work for someone special.

Quoting Tesmy
If you truly believe you have a more better way of teaching a trading system, may I suggest you set up your own thread. I am always looking to learn and expand my skills and I look forward to learning from you :-)
Doesn't matter, think Nyk-Nic his the nail in the head, its just another salesman trying to get customers. Also I never want to learn anything from anyone telling "buy this and that, learn a 5 minutes system and make 200% profit every month".

Heads up guys, just because here we have a real community, don't forget the world out there are full of crooks.
  • #39,624
  • Apr 20, 2018 10:44am Apr 20, 2018 10:44am
Ok one more chart for me this week, ending on a loser. There were a few reasons not to take this trade, mostly the breaking of the bearish trend line from the last several swings down, but it offered good RR and the bear move was strong so I took it. On this chart you can see my partial entry, adding to a full entry on another rotation, and then bailing on the full back to a partial after a nasty bullish rotation, and then eventually manually stopping out on the partial with no bearish interest at structure.

-41 on this one
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 97 KB
  • #39,625
  • Apr 20, 2018 10:53am Apr 20, 2018 10:53am
I'll update my stats and wish everyone a good weekend.
Overall it was a choppy week for me compared to the past 3 weeks.

Today +44, +72, -41 = +75

Week
27 trades, 21 winners/be, 6 losers, 81%
+222 points

April
82 trades, 69 winners/be, 13 losers, 84%
11 Winning Days, 2 Losing Days, 2 trading days missed
+1150 points
  • #39,626
  • Apr 20, 2018 10:59am Apr 20, 2018 10:59am
+32 Pips GBPUSD M5
i Call it A day,Have a blessed weekend Guys
Attached Image (click to enlarge)
Click to Enlarge Name: 3F2EEB72-E79A-4474-BABD-DC130671FC4C.png Size: 67 KB
  • #39,627
  • Apr 20, 2018 11:37am Apr 20, 2018 11:37am
Quoting monocor
{quote} What you did is took Jasons course from trade empowered and added your "thoughts" to make it legal, it is ok, best idea it is stolen idea, but you made it worse and complicated, which is bad, your videos is max 6 min, you made it 30-60 min, but again it is your business. All your "expectations" is no good, it is better to trade in jasons and his team way. I posted trades with CTS, it is easy and for this week 100% win from about 20 trades.
Hello Monocor, Not that I need to address your simple minded comment but since you seem to be full of anger and crap let me take this special time to set you straight. Perhaps your anger stems from frustration, or from the inability to be profitable, I don't know? You pic and I'm done attacking you.

I will let you know that The trade Empowered clan have been amazing network marketers and have substantial income from people like you and the many poor soles what have been miss led by the promise of becoming profitable traders. In short they have pirated all of Scott Carney's work to include some of my own. That is correct They approached me for a mastermind groups before even knowing who they were or what they were up to. I spoke with this so called Jason Stapelton and gave him and insight as to how I trade. Shortly after I see some of the concepts in his material. He is a wannabe trader to has made lots of money selling people like perhaps yourself worthless courses. I only say this because you claim that it's jason's work.

What came first the chicken or the egg? I have been doing this way longer then your Jason Stapleton and where is he now? Oh that's right he is trying to do network marketing courses now because he can't trade for shit and he is one of those snake oil sales people I fight against for free. So you see it is not polite to talk shit without having the first damn clue what you are talking about. Akil may be still trading I have no clue nor due I know him in any capacity. He may be a nice guy and someone who can trade I don't know but Jason is a network marketer and a pirate. nothing else.

So if you have an intelligent question that we can help you with let me know and I the real trader might be able to help you. If your goal is to lern nothing and shit in my house get lost. I have not time to address your simple minded accusations. I have done so for the benefit of the thread and to set you straight on your facts.
If you fail to plan, you plan to fail.
  • #39,628
  • Apr 20, 2018 11:39am Apr 20, 2018 11:39am
Quoting BlacMoni
{quote} I have seen Jason and akil's teachings on harmonics but I have understood more from Mr. Pip's videos which simplifies trading...rather than bash the TS you should try and impact others with your vast experience which wins you 200% a month way more than what most hedge funds make annually and if you totally disagree with what is taught here as you stated that you wasted one year on this BS thread...then start your own thread...don't come here saying the thread is a BS thread and yet you continue to post your charts on the BS thread...if truly...
Not worth the energy my friend
If you fail to plan, you plan to fail.
  • #39,629
  • Apr 20, 2018 11:47am Apr 20, 2018 11:47am
Quoting Tesmy
{quote} In order to be fully transparent and fair, could you also tell us how much all of the above people charge to teach someone or for someone to buy their products? I believe Jason charges $597 for his 'mastery course'? (fact is he also sells other course such as 'podcast domination for $794 and 'Online Business Kickstarter Course' for $397). Is he a web entrepreneur or a full-time trader? Jason Greystone is the same - offering various courses from 'trading' to 'mentoring' to 'how to start a business'. Same question, is he a full time trader...
Careful my friend the only thing he can teach you is how to fall off a cliff.
If you fail to plan, you plan to fail.
  • #39,630
  • Apr 20, 2018 11:51am Apr 20, 2018 11:51am
you guys need to be aware of this: https://www.theverge.com/2017/4/6/15209220/youtube-partner-program-rule-change-monetize-ads-10000-views

You don't even need to buy courses or anything. Making youtube creative content with alot of viewers is enough ! So be carefull with "traders" with more than 10000 views on youtube. Maybe their energy and focus is on another job, not in trading. ( which is not wrong, as long as they are honest about it )
  • #39,631
  • Apr 20, 2018 11:53am Apr 20, 2018 11:53am
I'm feeling somewhat lost today. I have a price action question I got hung up on.

In my chart below, the blue line represents my swing on 233T. It set a NSL. So then we get a complex correction. Once that finally breaks the NSL of my new swing (yellow line), where do I count as my HL? Is the red line my new swing to work from? There are multiple in the complex correction so I'm kinda confused. Maybe my expectation is incorrect.
Attached Image (click to enlarge)
Click to Enlarge Name: YM 06-18 (233 Tick) 2018_04_20.png Size: 67 KB
  • #39,632
  • Apr 20, 2018 11:57am Apr 20, 2018 11:57am
Hello Traders, I apologize for the distraction you guys had to deal with and my gratitude for all of your supporting comments! Every now and then we get these space cadets that come through and we have to take time to crush their mindless arguments. It's quite comical really and they never make any sense. I will be posting more regularly starting Monday and we will keep moving forward.
If you fail to plan, you plan to fail.
  • #39,633
  • Apr 20, 2018 12:11pm Apr 20, 2018 12:11pm
Quoting Mr. Pip
{quote} Careful my friend the only thing he can teach you is how to fall off a cliff.
That made me chuckle
  • #39,634
  • Edited 12:38pm Apr 20, 2018 12:17pm | Edited 12:38pm
Quoting PeteH
I'm going to call it a day +251 pips. Happy with that. +37, +61 +153 Lessons to learn are that I need to be quicker to aggressively trail my take profit (I left money on the table) coming out too quickly on trade 2 and the long term trade. Good luck to those still trading and have a great weekend.
Well done PeterH.

I've been following your posts.....I remember one post around March or feb when you were a bit frustrated....you had lost soo much, you went back to Demo trading....when you came back, you came back with a "bang", you had quite some profitable moments, I've also noted now you take both short term and long term trades, which are profitable. I'm encouarged.


Could you please share with us, when you went back to demo trading, what did you discover was making you lose money, what did you fix, I notice a real turn around in your trades.

Cheers!!!
  • #39,635
  • Edited 12:38pm Apr 20, 2018 12:26pm | Edited 12:38pm
Quoting KensTrader
{quote} I dont know how old you are but in Africa where i come from, i would first put you down and give you 12 strokes and invite the elders (village chiefs) to abolish you from the community. After all the pain i was going through trying to learn how to trade i found Mr. Pips thread. This thread brought a smile to my face. Learning the right content at a free cost. Monocor, you cant identify structure on a chart and you say that you followed our mentor for 8 months. Tumbavu! Mr. Pips posted his trade plan here on the thread
....You are true African Man...

Which part of Africa do you come from,,,,you could be my neighbour.

Cheers!!!!!
  • #39,636
  • Apr 20, 2018 12:27pm Apr 20, 2018 12:27pm
Quoting Mr. Pip
Hello Traders, I apologize for the distraction you guys had to deal with and my gratitude for all of your supporting comments! Every now and then we get these space cadets that come through and we have to take time to crush their mindless arguments. It's quite comical really and they never make any sense. I will be posting more regularly starting Monday and we will keep moving forward.
just subscribed...thank u very much
  • #39,637
  • Edited 1:28pm Apr 20, 2018 1:13pm | Edited 1:28pm
Quoting parviz1953
{quote} Update on EURUSD D1 and H1: Apperantly the expectation is going to work out {image} and H1 : {image}
Hi :
Update on EURUSD D1, already 110 pip down, SL moved to BE+ 8 pips, my expected target is around 1.2180
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd D1.PNG Size: 39 KB

And same area on H1:
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd H1.PNG Size: 35 KB
  • #39,638
  • Apr 20, 2018 1:44pm Apr 20, 2018 1:44pm
Quoting Mr. Pip
Hello Traders, I apologize for the distraction you guys had to deal with and my gratitude for all of your supporting comments! Every now and then we get these space cadets that come through and we have to take time to crush their mindless arguments. It's quite comical really and they never make any sense. I will be posting more regularly starting Monday and we will keep moving forward.
Nicely said, onward and upward!
"Luck is when opportunity meets preparation"
  • #39,639
  • Apr 20, 2018 1:46pm Apr 20, 2018 1:46pm
USDCAD trade in progress, which I showed in advance, earlier this week.

Lets see in a couple of weeks where this leads us.
Attached Image (click to enlarge)
Click to Enlarge Name: Schermafbeelding 2018-04-20 om 20.45.11.png Size: 89 KB
"Luck is when opportunity meets preparation"
  • #39,640
  • Apr 20, 2018 2:01pm Apr 20, 2018 2:01pm
quick little eu day(evening)trade.

green arrow was my entry..
Attached Image (click to enlarge)
Click to Enlarge Name: Schermafbeelding 2018-04-20 om 21.00.32.png Size: 152 KB
"Luck is when opportunity meets preparation"
40 traders viewing now