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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

  • #48,781
  • Oct 22, 2019 11:38am Oct 22, 2019 11:38am
Finally it took off.
This is +60, and twice +30 in the morning.

Will likelly be closing soon.

EDIT: closed for +70.

BR
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  • #48,782
  • Oct 22, 2019 1:19pm Oct 22, 2019 1:19pm
Quoting brrand
I started trading again after a gap of 2/3 weeks. Hopefully all my digressions are over and I can focus on trading now. Went long on EURJPY. Its in a good uptrend for last few days. I was watching this pair without trading. hoping to ride the trend starting now. {image}
Lost 34 pips after 20 hours....sucks
  • #48,783
  • Oct 22, 2019 1:33pm Oct 22, 2019 1:33pm
Didn't quite reach the one to one, locked in on some minor structure and got taken out. Added an IOF trade on that minor structure and lost that one too.
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  • #48,784
  • Oct 22, 2019 5:23pm Oct 22, 2019 5:23pm
Quoting pereiraalex
{quote} Alexander Elder -> biggest snake oil salesman there is!... Now go learn MACD, since its what you wonderful author promotes and teaches on its books
What???

I have no author.
Every moron who writes books is failing loser who can't trade

MACD? a bit better than waves....

Quoting FXTerminator
{quote} I read Elder's books and, like many authors these days (hint hint), he does not present a shred of evidence to support his point of view and trading ideas/systems. And of course not a single backtest in his books....
Yeah!!! Crooks.

Who can't trade - teach.

Look at Yohay here....


Elder.... I remember him .... Talking about Gann and Elliott.
Same whacky craziness
Beware of robber banks (RB), bad advisors.
  • #48,785
  • Oct 22, 2019 7:16pm Oct 22, 2019 7:16pm
Quoting Not-KPMG
{quote} What??? I have no author.
But you wrote: "Alex Elder also had a few words to say about Gann..."
If you don't trust Alexander Elder, why were you "quoting his words about Gann" ?

Anyway, this thread to me is more to read from people who are interesting and have something to teach, and certainly don't want to polute it with not needed drama. So please, if you feel you need more discussion about this, lets it be somewhere else.

Stay well and good trades!
  • #48,786
  • Oct 22, 2019 11:37pm Oct 22, 2019 11:37pm
A break of short term structure, the strenght of my main swing and the resistance area convinced me to go short and it would have worked out if I didn't decide to go on a some kind of a rescue mission and changed direction because price was accelerating on the other side and didn't stop me for a couple of points.

I went against the trading plan and this is what happens I guess..
It wasn't an easy day to trade though, it's been some difficult couple of days..
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  • #48,787
  • Oct 23, 2019 9:00am Oct 23, 2019 9:00am
Hi guys.

What happened to Wednesday live stream.???????
  • #48,788
  • Oct 23, 2019 9:11am Oct 23, 2019 9:11am
Mr. Pip said he was sick last week, so maybe still not feeling well.....

Get well soon, Damian
  • #48,789
  • Oct 23, 2019 9:23am Oct 23, 2019 9:23am
Quoting Flyboy1966
Mr. Pip said he was sick last week, so maybe still not feeling well..... Get well soon, Damian
Ok, Thanks.
We'll wish him speedy recovery.
  • #48,790
  • Edited 11:28am Oct 23, 2019 10:49am | Edited 11:28am
2 trades for me
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  • #48,791
  • Oct 23, 2019 11:21am Oct 23, 2019 11:21am
9 trades. -59
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  • #48,792
  • Oct 23, 2019 1:09pm Oct 23, 2019 1:09pm
-2
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Time is an illusion, timing is an art.
  • #48,793
  • Oct 23, 2019 1:22pm Oct 23, 2019 1:22pm
Today I just took one trade after a while of looking at price action. Weakeness in the bulls, strength in my main swing and strong support in my area of interest. Price action has been losing strength in the long term too and broke very short term swing. NSL expected and that's what we got.
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  • #48,794
  • Oct 23, 2019 9:22pm Oct 23, 2019 9:22pm
Quoting WestVillage
Today I just took one trade after a while of looking at price action. Weakeness in the bulls, strength in my main swing and strong support in my area of interest. Price action has been losing strength in the long term too and broke very short term swing. NSL expected and that's what we got. {image}

Can tell why your tp is there?

as for what i observed
- price reach 127.2
- price reach 1 to 1
- price reach support area
- price has retrace quite alot consider the swing you were trading thus you should have been trailed out?
  • #48,795
  • Oct 23, 2019 10:24pm Oct 23, 2019 10:24pm
Quoting 6288monkey
{quote} Can tell why your tp is there? as for what i observed - price reach 127.2 - price reach 1 to 1 - price reach support area - price has retrace quite alot consider the swing you were trading thus you should have been trailed out?
I was trailing but not too aggressively. My SL was at the top of the small swing while price was coming down. Then when it entered into the area of support I started being very aggressive...trailing the latest candle
  • #48,796
  • Oct 24, 2019 9:34am Oct 24, 2019 9:34am
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Time is an illusion, timing is an art.
  • #48,797
  • Edited 10:31am Oct 24, 2019 9:53am | Edited 10:31am
Good price action today, the most trades I've taken before lunch in a while.
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  • #48,798
  • Oct 24, 2019 10:43am Oct 24, 2019 10:43am
4 trades today. +113
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  • #48,799
  • Oct 25, 2019 10:24am Oct 25, 2019 10:24am
Two trades on YM today +8.

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Good work is the key to good fortune
  • #48,800
  • Oct 26, 2019 5:32pm Oct 26, 2019 5:32pm
Hi Guys, just to update you
I spoke with Damian (Mr.Pip) recently and he will be back shortly, he needs some time off with family.
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