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"Ratios & Harmonics: a Different Way to Trade." Summary 37 replies

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Attachments: Ratios & Harmonics: a Different Way to Trade
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Ratios & Harmonics: a Different Way to Trade

Yesterday's big winners.
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Ratios & Harmonics:
Correct me if im wrong
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Profit growth tells you the trader ability.
Quoting bmdenton23
Yesterday's big winners. {image}
Which swing you are trading and where was your SL , as everyone said it was a NSL before your second trade.
Quoting voketexpert
Ratios & Harmonics: Correct me if im wrong {image}
Right or wrong with what ?. Sorry do not understand your message.
Quoting 6288monkey
{quote} Which swing you are trading and where was your SL , as everyone said it was a NSL before your second trade.
It was the swing identified by the fib retracement on the chart, stop was lower than the 127% retracement. I commonly do this in this kind of market. Sometimes the 138% if I can afford it. The important thing is to keep your R:R proper, taking that 2nd entry needs to lower my average enough that my R:R is still positive.
I was only risking 110 for my position average and ended up with 150+ against the average.
Yep.... another random buy... ha ha ha ha ha
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Luck has no place in trading. Leave that for the poker table.
Update: Made sure I locked some in.
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Luck has no place in trading. Leave that for the poker table.
Quoting Pair-me-up
Yep.... another random buy... ha ha ha ha ha {image}
Stop posting your winning trades only to boost your ego. Your trades have nothing to do with the way people trade here.

You are on the 233T and go long based on your fib?
I won't even bother to post my analysis this time..
Good luck to you and your method.

#ignore
Quoting JeremyV
{quote} Stop posting your winning trades only to boost your ego. Your trades have nothing to do with the way people trade here. You are on the 233T and go long based on your fib? I won't even bother to post my analysis this time.. Good luck to you and your method. #ignore
I do not want to attack you, but I cannot agree with your statement. If you look the chart (233T), you will notice that we produced at yesterday 21.47 hour (so 15.47 US time) a NSL and at 16.03 (so 10.03 US Time) a NSH. This is for me my reference swing. So what is the longer term expectation?
Switch in expectation and more shallow overall NSH => deep correction.

Pair me up entered at an area close to 50 fib (+ level of structure ) of the said ref. swing, after having a small 1:1 harmonic completion in that point and at an area were price were not able to push further down. This is an aggressive entry, but fully in line what is taught here.

Hope this helps, otherwise please skip my post.
Quoting Harkhani
{quote} What will be the Time for the live stream
Just saw that you got no answer from anybody. Mr. Pip usually starts at arround 09.15 to 09.30 US time. He will post the link here.
Quoting evocpr19
{quote} I do not want to attack you, but I cannot agree with your statement. If you look the chart (233T), you will notice that we produced at yesterday 21.47 hour (so 15.47 US time) a NSL and at 16.03 (so 10.03 US Time) a NSH. This is for me my reference swing. So what is the longer term expectation? Switch in expectation and more shallow overall NSH => deep correction. Pair me up entered at an area close to 50 fib (+ level of structure ) of the said ref. swing, after having a small 1:1 harmonic completion in that point and at an area were price...
I think Jeremy was more stating where he posted his fib makes no sense. If you look at it technically price went lower then where his fib was placed making a NSL, so why put a fib there if that’s the swing he was trading and since it went lower then his fib wouldn’t you be looking for shorts? Anyways I know the larger picture was for a long maybe zooming out and placing the swing he was trading would help. I’m on the new contract so my chart looks rubbish right now.
Quoting Prock
{quote} I think Jeremy was more stating where he posted his fib makes no sense. If you look at it technically price went lower then where his fib was placed making a NSL, so why put a fib there if that’s the swing he was trading and since it went lower then his fib wouldn’t you be looking for shorts? Anyways I know the larger picture was for a long maybe zooming out and placing the swing he was trading would help. I’m on the new contract so my chart looks rubbish right now.
I did not pay attention to the fib. I was more paying attention if the entry makes sense or not and if this is in line with the teaching.

But thanks for pointing out.
Quoting evocpr19
{quote} I did not pay attention to the fib. I was more paying attention if the entry makes sense or not and if this is in line with the teaching. But thanks for pointing out.
He very well could have accidentally placed it there without deleting it. This thread is to help others and educate especially since Mr.Pip can’t always be as active. You and I know why he took that long but if you were to show that particular screen shot to anyone else especially someone just learning this thread they would have no clue as to why he took the long. No swings identified, fib in the wrong place -just an entry point.
Actually my fib is in the correct place from what I learned from some of Mr. Pip's videos. The larger order flow was up. The larger order flow retraced and then on the short term order flow it made a strong new structure high. Then on the short term orderflow it entered the golden zone. Sure, I could have been wrong. Nevertheless, I was following the expectation of a new structure high. Are my entries perfect? No... I still think they are rubbish. ha ha ha.. Anyways.. in the words of our mighty leader.... it is what it is.

Anyways... I still have a lot to learn. I understand the frustration of JeremyV..... when someone wants to be great at trading and it is frustrating that an individual isn't getting the results they want immediately.

My only advice is to keep watching Mr. Pip's videos and live streams until it starts to sink in. Also, there are lots of other great traders on the thread, such as Prock, Bmdenton23, Evocpr19, JayTrader, etc that have charts that are better than mine.

In my honest opinion... the charts with the positive winning charts, that these traders post are very valuable to me! Why? Because I want to learn from a winning chart and see if I can come up with the same analysis as those great traders on the thread. I definitely don't want to emulate losing trades. So, to you great traders.. please keep those winning trades coming. If I offended anyone with my less than stellar charts, my most humble apologies.
Luck has no place in trading. Leave that for the poker table.
Quoting Pair-me-up
Update: Made sure I locked some in. {image}
Hi Pair-me-up , where was your quitting price , as from the chart , last candle was strong bear. And you were somewhat trading the smaller order flow for bigger order flow tp.

But i I must say it was well done , I also find that sometime we need to give more room to the trend , although rules was to trail at candle but if the trend were strong , experienced trader that can read the chart well might give it more room. As there's were no fixed rule , but you need to be responsible for the outcome. As for your chart I will at least trail more , but your SL was already at the initial TP of 1 to 1.

hope you can post a bigger picture chart as I don't have ym chart available, that can help me understand better.
Quoting JeremyV
{quote} Stop posting your winning trades only to boost your ego. Your trades have nothing to do with the way people trade here. You are on the 233T and go long based on your fib? I won't even bother to post my analysis this time.. Good luck to you and your method. #ignore
Hi JeremyV , I know the way pair me up post might mislead others as there were no clear indication of why he trade and how he manage the trade, but I must say all the post here was intent to help others , shall you have any recommend for others to improve the way they post , I think it should be done properly.

hope to see your trade too
Quoting 6288monkey
{quote} Hi Pair-me-up , where was your quitting price , as from the chart , last candle was strong bear. And you were somewhat trading the smaller order flow for bigger order flow tp. But i I must say it was well done , I also find that sometime we need to give more room to the trend , although rules was to trail at candle but if the trend were strong , experienced trader that can read the chart well might give it more room. As there's were no fixed rule , but you need to be responsible for the outcome. As for your chart I will at least trail more...

Actually, I did readjust my account to break even, because I got greedy and wanted to give it a chance to retrace and then continue up. I eventually took profit at 26180. Sometimes, I do regret being greedy though. As I can not read the chart as accurately as more experienced traders and sometimes end up giving back lots of points. I do like using Fibonacci numbers and looking at things from a mathematic angle. Mr. Pip talks about being inline with the larger order flow. And he also, mentions situational awareness. I will often look at the larger order flow and then at the 233t or 89t to try and time my entries. On one of Mr. Pip's life streams he mentions that he uses the 233t for his monthly expenses and the larger order flow for wealth building. Hearing that reinforces to me the importance of being inline with the larger order flow in order to catch the strength of the trend. I do feel that learning all of this is a challenge for me at times, because it seems there is a lot to memorize. And my other problem is that I am a type of person that really needs logical answers for how everything works (the perfectionist in me.. ha ha ha). For example, when Mr. Pip draws those boxes for his area of interest, Sometimes, they just cut through several swings to encompass the "violent reactions" but without a detailed logical answer for his line of sight as to where those starting anchor points should be as I often see the lines of those rectangle boxes slicing through tails of "violent reactions", closes, ends of tails, etc.. which leaves me inspired to learn more and yet logically confused. ha ha ha.. I think maybe I missed his detailed answer, so of course I will rewatch his videos. The more I watch and understand, the more I appreciate the genius behind his methods. Sorry this is a long winded answer. My points is that I am still learning along side you. I would also suggest reading the books from Lance Beggs, that Mr. Pip said he learned order flow from. Just do a google search on the name of most books followed by pdf and you might be surprised what comes up. I hope this answer is sufficient. If not, let me know.
Luck has no place in trading. Leave that for the poker table.
Zooming out on the 233t we can see that the over all direction of the market is for a new structure high. You can see the market doing a retest of the higher high, followed by the bulls showing a lot of strength to the upside. With that much power, I didn't expect the bears to be able to successfully knock price too much lower. Never the less, I could always have been wrong. Also, if we look at the bar by bar analysis.. We can see that the bulls moved up with large powerful candles and the bears had to make several candles to go lower... this showed weakness from the bears in my view.

I do look at some of the time based charts like the 30 minute and the daily. As my skills start to improve, my desire to look at them is diminishing. However, I will probably always keep the daily... and the weekly.. ha ha ha.. old habits die hard.

For those interested.. I use my own math along side the fibonacci retracement numbers. If you look at some of my charts you can see the dashed lines. This gives me a bar by bar style for the entire swing. Sometimes, I will use this dashed lines as my longer term expectations. I started testing my theory earlier in the year, and so far it has proven to by highly accurate most of the time.

One thing I must mention. Because I am still learning. I worry that I will mislead someone down the wrong path. So, I am happy to explain my thought process, but in the end we must learn from Mr. Pip. Once, I am at his level, then I can answer with more confidence. O.k. It is day time where I am. I will see you all tonight at around 9:30 p.m. my time. Also, with the contract rolling over... there is always the transfer of power from one contract to another. Have a great one!
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Luck has no place in trading. Leave that for the poker table.
One more thing... I just changed my charts to the new contract.. So, you can see how it skews my drawings. Last time, I didn't realize this right away, and it messed up my expectations. So, I had to get up my calculator, like for reals, and redo some calculations.
Luck has no place in trading. Leave that for the poker table.
Quoting evocpr19
{quote} I do not want to attack you, but I cannot agree with your statement. If you look the chart (233T), you will notice that we produced at yesterday 21.47 hour (so 15.47 US time) a NSL and at 16.03 (so 10.03 US Time) a NSH.
That's not the 233T expectation though. Ofc if you condense any smaller chart you get the bigger picture.
I said the other day that the NSL expectation failed at some point.

He was trading the 233T orderflow, which was for a NSL, even though the longer term is for a NSL. Doesn't matter.
And when he went long he traded against the expectation (again) and without a signal whatsoever.

Such posts might confuse people who are starting to learn what this thread is about.



And I don't feel attacked btw. We are here to discuss. It's okay if we disagree
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