Ratios & Harmonics: a Different Way to Trade | Page 2177 | 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

  • #43,521
  • Oct 11, 2018 1:52am Oct 11, 2018 1:52am
Locked in a little bit. Usually the Asian session is not that volatile.
Attached Image (click to enlarge)
Click to Enlarge Name: YM 12-18 (1597 Tick).png Size: 55 KB
Luck has no place in trading. Leave that for the poker table.
  • #43,522
  • Oct 11, 2018 2:05am Oct 11, 2018 2:05am
Trailed aggressively because this is the asian session. + 132
Luck has no place in trading. Leave that for the poker table.
  • #43,523
  • Oct 11, 2018 2:54am Oct 11, 2018 2:54am
Quoting Pair-me-up
Long: My profit target is not based on a fib level. It is based on another math formula. Let's see how it goes. In either case. Profit is profit. {image}
Hi Pair!

Did you go long there because of Daily Support at about 25200 or what reasons did you have to take the trade?
  • #43,524
  • Oct 11, 2018 4:03am Oct 11, 2018 4:03am
Quoting Mr. Pip
Hello Traders, Here is the link to the live stream. It was a very fast moving market with lot's of trades. and order flow complexities. I hope you enjoy it and that these stream continue to provide insight, value and mentor you towards your goals. https://youtu.be/CqNbMok3RZM
Missed the live stream, but watched later. This is one of the great lessons I have been waiting for. Thanks Damian for your selfless giving.

More power to you.
One Good Trade
  • #43,525
  • Oct 11, 2018 5:41am Oct 11, 2018 5:41am
Quoting Hansl
{quote} Hi Pair! Did you go long there because of Daily Support at about 25200 or what reasons did you have to take the trade?
This is what I was looking at. Price corrected to the 50% zone. It then made a weak attempt to go back toward 0% before retesting the 50% zone again.

Next it completed a 1 to 1 and seemed to have a workable rotation candle.

I hope that answered your question.
Attached Image (click to enlarge)
Click to Enlarge Name: YM 12-18 (233 Tick).png Size: 47 KB
Luck has no place in trading. Leave that for the poker table.
  • #43,526
  • Oct 11, 2018 5:48am Oct 11, 2018 5:48am
Here is a short I took a few hours ago while I was teaching. Sometimes, I will let my students see what I am doing. They really want to learn how to read a chart. ha ha ha

I told them that I am still learning too.
Attached Image (click to enlarge)
Click to Enlarge Name: YM 12-18 (89 Tick).png Size: 56 KB
Luck has no place in trading. Leave that for the poker table.
  • #43,527
  • Oct 11, 2018 6:33am Oct 11, 2018 6:33am
Quoting Pair-me-up
{quote} This is what I was looking at. Price corrected to the 50% zone. It then made a weak attempt to go back toward 0% before retesting the 50% zone again. Next it completed a 1 to 1 and seemed to have a workable rotation candle. I hope that answered your question. {image}
Thanks for clearing up! Makes sense 100%, did not watch the immediate orderflow. I thought you were watching higher timeframes.
  • #43,528
  • Oct 11, 2018 6:58am Oct 11, 2018 6:58am
Was a bit too aggressive with my trailing on YM.
Attached Image (click to enlarge)
Click to Enlarge Name: 1a.jpg Size: 281 KB
  • #43,529
  • Oct 11, 2018 7:06am Oct 11, 2018 7:06am
Quoting Hansl
{quote} Thanks for clearing up! Makes sense 100%, did not watch the immediate orderflow. I thought you were watching higher timeframes.
You are not wrong. I have learned from Mr. Pip's videos to be inline with the larger order flow. If an individual trades counter trend with the smaller order flow they must manage their trade aggressively. His videos will teach you how to avoid pissing in the wind at least 30% of the time. And I for one don't like pissing in the wind, though gust winds seem to appear now and then. ha ha ha
Luck has no place in trading. Leave that for the poker table.
  • #43,530
  • Oct 11, 2018 7:28am Oct 11, 2018 7:28am
Quoting Pair-me-up
{quote} You are not wrong. I have learned from Mr. Pip's videos to be inline with the larger order flow. If an individual trades counter trend with the smaller order flow they must manage their trade aggressively. His videos will teach you how to avoid pissing in the wind at least 30% of the time. And I for one don't like pissing in the wind, though gust winds seem to appear now and then. ha ha ha
I like the used expression " how to avoid pissing in the wind ".
  • #43,531
  • Oct 11, 2018 8:39am Oct 11, 2018 8:39am
Took the short right after the open. took partial profit on the first exit and the rest on the second.
Attached Image (click to enlarge)
Click to Enlarge Name: 1a.jpg Size: 287 KB
  • #43,532
  • Oct 11, 2018 9:56am Oct 11, 2018 9:56am
Yesterday and today has been a very volatile and fast moving market. Anyways... I am trying to have some fun with this market. Little by little I am getting some more confidence, but sometimes my entries are just rubbish in my humble opinion. I could be wrong, but think this market will drop much more.
Attached Image (click to enlarge)
Click to Enlarge Name: YM 12-18 (233 Tick).png Size: 41 KB
Luck has no place in trading. Leave that for the poker table.
  • #43,533
  • Oct 11, 2018 10:07am Oct 11, 2018 10:07am
The bears are strong today.
Attached Image (click to enlarge)
Click to Enlarge Name: YM 12-18 (233 Tick).png Size: 44 KB
Luck has no place in trading. Leave that for the poker table.
  • #43,534
  • Oct 11, 2018 10:26am Oct 11, 2018 10:26am
Out for +120
Luck has no place in trading. Leave that for the poker table.
  • #43,535
  • Oct 11, 2018 10:54am Oct 11, 2018 10:54am
Got long
Attached Image (click to enlarge)
Click to Enlarge Name: YM 12-18 (233 Tick).png Size: 44 KB
Luck has no place in trading. Leave that for the poker table.
  • #43,536
  • Oct 11, 2018 10:56am Oct 11, 2018 10:56am
Quoting Pair-me-up
Got long {image}
Who keep's assigning you Market maker?
It's in fear when people show what they truly value.
  • #43,537
  • Oct 11, 2018 11:21am Oct 11, 2018 11:21am
O.k. it is past midnight here. So, I decided to trail aggressively.

Got taken out just after I captured the screen.
Attached Image (click to enlarge)
Click to Enlarge Name: YM 12-18 (233 Tick).png Size: 44 KB
Luck has no place in trading. Leave that for the poker table.
  • #43,538
  • Oct 11, 2018 11:24am Oct 11, 2018 11:24am
Quoting ensale
{quote} Who keep's assigning you Market maker?
Ha ha ha .... Why do you ask that question? Just watch Mr. Pip's videos. He has used a lot of his valuable time to help those on this thread improve.

There are a few areas that I struggle with a lot. I still have a lot to learn. However, I enjoy learning together as a team here on this thread.
Luck has no place in trading. Leave that for the poker table.
  • #43,539
  • Oct 11, 2018 11:29am Oct 11, 2018 11:29am
Quoting Pair-me-up
{quote} Ha ha ha .... Why do you ask that question? Just watch Mr. Pip's videos. He has used a lot of his valuable time to help those on this thread improve. There are a few areas that I struggle with a lot. I still have a lot to learn. However, I enjoy learning together as a team here on this thread.
it's a joke, & compliment.

keep doing well...
It's in fear when people show what they truly value.
  • #43,540
  • Oct 11, 2018 11:56am Oct 11, 2018 11:56am
-40 : Entry: Structure, Golden zone, 1:1 (yellow lines). I thougth a down move (red line) is posible. It seems I decided to ignore momentum increased, projection increased, depth decreased on short term and news in a few minutes. Plus, SL should have had 10 points less. Ok, really bad, "I was pissing in the wind" . Next.

+39 : Entry: Structure, 161 fib, 3 harmonic move (yellow line). Down move (red line) still posible. News could not break structure and made a tiny NSH. Exit: I trailed decision candle after structure was hit. TP was at 38% fib and red line.

I like a lots how Evo usually trade the 1:1 and I was wondered what he sees to choose the "right" swing.
I realized last days I usually take what MrPip teach us to analyze "weakness", but not to analyze "strength" and choose the 1:1.
( Althoug I still have no idea what Evo sees in some trades.... )
Attached Image (click to enlarge)
Click to Enlarge Name: YM 12-18 (233 Tick) 2018_10_11 (13_00_04).png Size: 84 KB
9 traders viewing now