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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

  • #47,001
  • Aug 9, 2019 5:22pm Aug 9, 2019 5:22pm
Quoting Mr. Pip
Taken out on the longer term as well on a trail. {image}

Damian, when you have the time, could you create a video series detailing how you determine entries and exits on the longer term? I believe there is a lot of unexplored value in your longer term trading strategy that we all could benefit from learning more about! With the new availability of the micro contracts, long term trades with larger stops have become accessible for those of us with smaller accounts.

Thank you for all you do,
Zimmer
  • #47,002
  • Aug 9, 2019 7:21pm Aug 9, 2019 7:21pm
Hey Mr. Pip, I am practicing swings but the struggle is real. I took your advice of sticking to one order flow and ignoring the rest. Could you explain to me how you would trade this expectation? In terms of my thought process I was trading the yellow line order flow, but the second yellow line gets stopped out because of the blue lines order flow?

I think I am also struggling with rotation candles, because some as per your rules "it should not trade significantly below the previous candle, also holds half of its overall volume and takes out the previous half of the previous candle". Please take a look at the sample candles I've uploaded and check if they are correct?
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Attached Images
  • #47,003
  • Aug 9, 2019 8:46pm Aug 9, 2019 8:46pm
Quoting mtzimmer1
{quote} Damian, when you have the time, could you create a video series detailing how you determine entries and exits on the longer term? I believe there is a lot of unexplored value in your longer term trading strategy that we all could benefit from learning more about! With the new availability of the micro contracts, long term trades with larger stops have become accessible for those of us with smaller accounts. Thank you for all you do, Zimmer
Hey Zimmer, in today's post session review I go into greater detail on the longer term and we will be drilling into it further as time advances. Remember not everyone is there yet and I'm trying to see what is safe to present and at what time. Be patient and I will get you and everyone there.
The video is rendering and will be available soon here and on the channel.
If you fail to plan, you plan to fail.
  • #47,004
  • Aug 9, 2019 8:47pm Aug 9, 2019 8:47pm
Quoting Derp
Hey Mr. Pip, I am practicing swings but the struggle is real. I took your advice of sticking to one order flow and ignoring the rest. Could you explain to me how you would trade this expectation? In terms of my thought process I was trading the yellow line order flow, but the second yellow line gets stopped out because of the blue lines order flow? I think I am also struggling with rotation candles, because some as per your rules "it should not trade significantly below the previous candle, also holds half of its overall volume and takes out the...
This will be part of the QA video over the weekend.
If you fail to plan, you plan to fail.
  • #47,005
  • Aug 9, 2019 9:07pm Aug 9, 2019 9:07pm
Hello Trader, Here is the post session review. I hope you all enjoy!

https://youtu.be/BWdrVHTD8oM
If you fail to plan, you plan to fail.
  • #47,006
  • Aug 9, 2019 11:37pm Aug 9, 2019 11:37pm
Quoting Mr. Pip
Hello Trader, Here is the post session review. I hope you all enjoy! https://youtu.be/BWdrVHTD8oM
Hey Mr. Pip, Thank you for the taking the time to provide valuable information in the video. One question I have is that in the video at around 31:09, you mentioned that price failed to make a proper correction at around the 26673 region. However, even though it failed to correct properly, you used it as the start for the next swing. Could you explain why you decided to start the main swing from there? Is there a reason for it or was it because even though price failed to touch the 38.2, it still came close enough within the region? Thank you Mr Pip!
  • #47,007
  • Aug 10, 2019 9:51am Aug 10, 2019 9:51am
Feeling miserable because of a loss is a habit.
It is your job as a trader to weaken that habit and to refocus your attention on the bigger picture.
70% expectancy rate with proper SL placement.
  • #47,008
  • Aug 10, 2019 11:21am Aug 10, 2019 11:21am
Quoting Dropplan
Feeling miserable because of a loss is a habit. It is your job as a trader to weaken that habit and to refocus your attention on the bigger picture.
Yes, and for me that is the next trade. Screw the past win lose or draw its next, next and next.
If you fail to plan, you plan to fail.
  • #47,009
  • Aug 10, 2019 7:31pm Aug 10, 2019 7:31pm
Attached Image
If you fail to plan, you plan to fail.
  • #47,010
  • Aug 10, 2019 7:31pm Aug 10, 2019 7:31pm
Let’s freaking go get this thing done!!!!!
If you fail to plan, you plan to fail.
  • #47,011
  • Aug 10, 2019 7:50pm Aug 10, 2019 7:50pm
Quoting Dropplan
Feeling miserable because of a loss is a habit. It is your job as a trader to weaken that habit and to refocus your attention on the bigger picture.
Hey Dropplan You are close to to me I am in Miami, We should run into each other.
If you fail to plan, you plan to fail.
  • #47,012
  • Aug 10, 2019 8:04pm Aug 10, 2019 8:04pm
Quoting mangoeater
{quote} Hey Mr. Pip, Thank you for the taking the time to provide valuable information in the video. One question I have is that in the video at around 31:09, you mentioned that price failed to make a proper correction at around the 26673 region. However, even though it failed to correct properly, you used it as the start for the next swing. Could you explain why you decided to start the main swing from there? Is there a reason for it or was it because even though price failed to touch the 38.2, it still came close enough within the region? Thank...
I remember saying in the video that risk was humongous and that we had an order flow emerging that was being respected by price.
If you fail to plan, you plan to fail.
  • #47,013
  • Aug 10, 2019 8:04pm Aug 10, 2019 8:04pm
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Time is an illusion, timing is an art.
  • #47,014
  • Aug 10, 2019 8:41pm Aug 10, 2019 8:41pm
Quoting Mr. Pip
{quote} Hey Dropplan You are close to to me I am in Miami, We should run into each other.
Any day, any time...only one condition...I'm buying!

p.s. "I'm Corey's dad" !
70% expectancy rate with proper SL placement.
  • #47,015
  • Aug 10, 2019 8:47pm Aug 10, 2019 8:47pm
Quoting maxx7
Hi Mr. Pip, I am following your channel on YouTube as well as your live streams, which I find of terrific value. More power to you and tons of thanks for sharing. I have a question regarding the numerous nuances I find as I try to go deep into my studies of your methodology : how to address the swings in the picture? I hope the picture itself is self explanatory, but to recap : here we have a bearish swing that takes out the previous hl, effectively inverting the present order flow’s direction. What is now my main swing? The blue or the yellow?...
https://youtu.be/liGdocFQHuE
If you fail to plan, you plan to fail.
  • #47,016
  • Aug 10, 2019 8:48pm Aug 10, 2019 8:48pm
Quoting Dropplan
{quote} Any day, any time...only one condition...I'm buying! p.s. "I'm Corey's dad" !
Holy Crap then by all means we have to meet and have some meat . Let's make it happen this week!
If you fail to plan, you plan to fail.
  • #47,017
  • Aug 10, 2019 9:40pm Aug 10, 2019 9:40pm
Quoting Derp
Hey Mr. Pip, I am practicing swings but the struggle is real. I took your advice of sticking to one order flow and ignoring the rest. Could you explain to me how you would trade this expectation? In terms of my thought process I was trading the yellow line order flow, but the second yellow line gets stopped out because of the blue lines order flow? I think I am also struggling with rotation candles, because some as per your rules "it should not trade significantly below the previous candle, also holds half of its overall volume and takes out the...
A video is coming out on this topic on the QA side.
If you fail to plan, you plan to fail.
  • #47,018
  • Aug 10, 2019 9:53pm Aug 10, 2019 9:53pm
Quoting Mr. Pip
{quote} Holy Crap then by all means we have to meet and have some meat . Let's make it happen this week!

Will do! I'll be in touch...
70% expectancy rate with proper SL placement.
  • #47,019
  • Aug 10, 2019 10:05pm Aug 10, 2019 10:05pm
Quoting Mr. Pip
Hello Trader, Here is the post session review. I hope you all enjoy! https://youtu.be/BWdrVHTD8oM

Mr Pip, It's always inspiring to see how a great man thinks. I am amazed at how you piece in the Longer term picture with the immediate happenings.

Hoping to trade like you one day.

Although this has been said a 1000 times but even then "Thanks for doing this"
  • #47,020
  • Aug 10, 2019 10:23pm Aug 10, 2019 10:23pm
Quoting Mr. Pip
{quote} I remember saying in the video that risk was humongous and that we had an order flow emerging that was being respected by price.
Ah I must have missed it. I'll go back and watch the video again! Thank you Mr Pip!
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