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Ratios & Harmonics: a Different Way to Trade

  • #49,901
  • Feb 11, 2021 1:07pm Feb 11, 2021 1:07pm
Some small trades today but they add up after a few.

I'm not getting any feedback whether I'm being helpful or not or if I'm just spamming the thread. Hope peeps find this useful.

I really want to keep this thread alive because it's how you can make money and I looked for a long time for a profitable system before coming here. I was making money before but nothing at certain or reliable as this thread explains. It does work it just takes time, study and a lot of practice.

PS As I regularly mention there is nothing commercial in this thread it is 100% free with nothing offered to sell. It is a mistake of FF to have this thread as commercial.
As the lights go by so too do the shadows move
  • #49,902
  • Feb 11, 2021 5:50pm Feb 11, 2021 5:50pm
USDJPY expectation to the upside
Also, NSH level rose considerably from the last one. Looking like this move will continue further.
Higher Low has formed and is in line with our expectations of a shallower retracement.
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  • #49,903
  • Feb 11, 2021 9:35pm Feb 11, 2021 9:35pm
Quoting Matts Micro
Some small trades today but they add up after a few. I'm not getting any feedback whether I'm being helpful or not or if I'm just spamming the thread. Hope peeps find this useful. I really want to keep this thread alive because it's how you can make money and I looked for a long time for a profitable system before coming here. I was making money before but nothing at certain or reliable as this thread explains. It does work it just takes time, study and a lot of practice. PS As I regularly mention there is nothing commercial in this thread it is...
Mr. Pip said that he retired. Well at least that is what he told me on skype. Maybe he will come out of retirement.. who knows. As far as the commercial thread thing.... many of us would like to know how Mr. Pip got put into the commercial thread. Maybe you can ask the moderators on FF to tell you.
Luck has no place in trading. Leave that for the poker table.
  • #49,904
  • Feb 11, 2021 10:18pm Feb 11, 2021 10:18pm
Quoting Matts Micro
Some small trades today but they add up after a few. I'm not getting any feedback whether I'm being helpful or not or if I'm just spamming the thread. Hope peeps find this useful. I really want to keep this thread alive because it's how you can make money and I looked for a long time for a profitable system before coming here. I was making money before but nothing at certain or reliable as this thread explains. It does work it just takes time, study and a lot of practice. PS As I regularly mention there is nothing commercial in this thread it is...
For me is super helpful but as a newbie im still strugling and it takes me lot of time to find out what is going on charts, if u could put maybe a b c on charts would be extremly helpful for me to find out what i am looking on. Keep going with this, there is so few pple sharing with other such knowlege for free! Big respect!
  • #49,905
  • Feb 11, 2021 11:39pm Feb 11, 2021 11:39pm
Quoting Pair-me-up
{quote} Mr. Pip said that he retired. Well at least that is what he told me on skype. Maybe he will come out of retirement.. who knows. As far as the commercial thread thing.... many of us would like to know how Mr. Pip got put into the commercial thread. Maybe you can ask the moderators on FF to tell you.
I did shoot the FF moderators a message a while ago but I got no response, maybe it's because I don't have a red star or they are just turning a blind eye, I don't know.

It's because Mr Pip has retired that I feel I should keep posting to keep this thread alive. From the beginning to end this is a mountain of gold in information.

I agree with Mr Pip in that there is sooo much garbage on the internet about Forex and trading and it is almost impossible to sift through what 's good and what's not. I spent years testing and refining other systems that didn't work and when I came to this thread I was about done. I was halfway motivated thinking it was just another system that would ultimately fail.

The great thing about this thread is that it's not a "system" but rather the "ABC(D)'s" (pun intended) of trading and how to read the market. Finally a thread worth paying attention to.

So as I was saying now that Mr Pip has retired, I feel like it's my moral duty to pick up the ball and try to help those young traders who see this site and encourage them to learn how to trade so that they may avoid years of buying EA's, worthless systems and wasting so much money and time trying to find the holy grail.


And to Mr Pip, enjoy your retirement Sir and thank you so much for your great effort here, we owe you so much and more.
As the lights go by so too do the shadows move
  • #49,906
  • Feb 11, 2021 11:54pm Feb 11, 2021 11:54pm
Quoting Ziemowit
{quote} For me is super helpful but as a newbie im still strugling and it takes me lot of time to find out what is going on charts, if u could put maybe a b c on charts would be extremly helpful for me to find out what i am looking on. Keep going with this, there is so few pple sharing with other such knowlege for free! Big respect!
Thanks Ziemowit, I'm glad you find it helpful. I will try to place the ABC's on my chart when they apply so that you can see them, that wont be a problem.

Don't get disheartened, I struggled pretty hard at first too. I had to go through the schooling grades -preschool, primary , secondary, and tertiary school until I began making money. It takes a while but trust me there are only other people on the end of paid for systems trying to fill their own pockets so if your serious about wanting to learn trading it takes a bit of work but at the end it is rewarding.

Don't forget to keep watching those Mr Pip videos. I am still watching them as there is years of knowledge passed on there and I learn / understand something new almost every time I watch them.
As the lights go by so too do the shadows move
  • #49,907
  • Feb 12, 2021 12:33am Feb 12, 2021 12:33am
Good Morning Matt

You are doing a great job, keep it up.

Regards
Aj1
  • #49,908
  • Feb 12, 2021 12:51am Feb 12, 2021 12:51am
Quoting Aj1
Good Morning Matt You are doing a great job, keep it up. Regards Aj1
Hey Aj1, thanks mate, hoping the novices can see there is a light at the end of the tunnel.

Cheers,
Matt.
As the lights go by so too do the shadows move
  • #49,909
  • Feb 12, 2021 1:11am Feb 12, 2021 1:11am
First trade for day. I missed the first sell signal which was a good one but it was slightly before market open. If I saw it I probably would have taken it regardless.

Buy. I will likely BE at the 38.1 and TS at the 61.8% fib (if price gets there).
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As the lights go by so too do the shadows move
  • #49,910
  • Feb 12, 2021 2:53am Feb 12, 2021 2:53am
Quoting Matts Micro
First trade for day. I missed the first sell signal which was a good one but it was slightly before market open. If I saw it I probably would have taken it regardless. Buy. I will likely BE at the 38.1 and TS at the 61.8% fib (if price gets there). {image}
Out at BE. The buyers didn't really pick up the ball all trade. Price may well come back to my expectation of the 61.8% but I planned to BE when the 38.1%fib was crossed and did. Price came back to my open and took me out. Was a free trade and out without a loss. Will start looking for my next entry.
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As the lights go by so too do the shadows move
  • #49,911
  • Feb 12, 2021 4:21am Feb 12, 2021 4:21am
Sell
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As the lights go by so too do the shadows move
  • #49,912
  • Edited 5:12am Feb 12, 2021 5:00am | Edited 5:12am
Quoting Matts Micro
Sell {image}
The dynamics of this trade have change. This maybe a little advanced but hope you can follow.

The ABC pattern I was following became the ABCD complex correction of the larger Order Flow. So instead of taking a SL at the the top of the original pattern I added to my position at the completion of D. I have now moved both SL's above the 100% Fib at the top of the larger swing.

It is a little more than I like to risk but the rewards are just as equal so come or go I am not worried. It is not more risk than I can afford.
(The U.S. markets are about to kick in on top of all else so see what happens).
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As the lights go by so too do the shadows move
  • #49,913
  • Feb 12, 2021 6:12am Feb 12, 2021 6:12am
Quoting Matts Micro
{quote} The dynamics of this trade have change. This maybe a little advanced but hope you can follow. The ABC pattern I was following became the ABCD complex correction of the larger Order Flow. So instead of taking a SL at the the top of the original pattern I added to my position at the completion of D. I have now moved both SL's above the 100% Fib at the top of the larger swing. It is a little more than I like to risk but the rewards are just as equal so come or go I am not worried. It is not more risk than I can afford. (The U.S. markets are...
TS 43 pips. It is trades like this where I really take my hat off to Mr Pips teachings. It had so many of the lessons involved in this one trade. If you have the ABCD patterns worked out I recommend you study this trade.

This is a SOS 3 the strongest signal for taking a trade.
As can be see the AB yellow line is the main swing. From the yellow TL B, price came up with a complex correction. The complex correction is the blue TL's in the ABCD (like a lightning bolt) with the 1:1 ratio spot on. At the completion of D on the blue TL complex correction, price hits the important level of structure. At this point, the Fib level is 78.6% of the main swing. At this level there is a rotation candle indicating the sellers are entering the market (there are actually two places at the same level this happens). From there, price takes a nose dive to the 1:1 of the main swing and 127% Fib. extension profit taking zone and little bit beyond. Using Mr Pips TS technique on the decision candles I was able to maximize my profit.

Makes a days trading enjoyable when you can put these trades under your belt.
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As the lights go by so too do the shadows move
  • #49,914
  • Feb 12, 2021 8:23am Feb 12, 2021 8:23am
Short. Price went a little deeper than I'd like but the R:R is good.
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As the lights go by so too do the shadows move
  • #49,915
  • Feb 12, 2021 12:46pm Feb 12, 2021 12:46pm
Quoting Matts Micro
Short. Price went a little deeper than I'd like but the R:R is good. {image}
TS'd 8 pips only because of a time factor; that the market will closed in 90 min.
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As the lights go by so too do the shadows move
  • #49,916
  • Feb 13, 2021 3:08am Feb 13, 2021 3:08am
Quoting Matts Micro
{quote} Hey rescueava, great charts. I was looking at your NZDUSD and noticed something. There appears to be a good 1:1 ratio. It's not quite an ABCD but a AB=CD. Price is at an area of strong resistance / supply but has broken through many barriers so may push through. It may however react and be in for a full correction. I haven't studied the chart closely so please I'm not trying to influence any trading decision just thought it interesting. {image}
Thought I'd post this chart as a follow up. I haven't touched the chart since posting first time so all the levels are the same. Proves this analysis works on any time frame or pair.
Not sure where Price is going from here as it is currently in structure, it could come down lower for a complex correction or could head to a HH. Not enough information for me yet but if I had to say the accumulation looks good to at least challenge the HH again.

NB I fell like I'm wearing big boots when I say stuff like this but it's not about me, just my understanding of Mr Pips teachings. It's like anything, if you put the work in the understanding comes.
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As the lights go by so too do the shadows move
  • #49,917
  • Feb 13, 2021 6:28am Feb 13, 2021 6:28am
Quoting Matts Micro
{quote} Thought I'd post this chart as a follow up. I haven't touched the chart since posting first time so all the levels are the same. Proves this analysis works on any time frame or pair. Not sure where Price is going from here as it is currently in structure, it could come down lower for a complex correction or could head to a HH. Not enough information for me yet but if I had to say the accumulation looks good to at least challenge the HH again. NB I fell like I'm wearing big boots when I say stuff like this but it's not about me, just my understanding...
No problem man. I really actually appreciate someone mentoring someone like me... and you clearly know more than I do. And as for the specific trade, yeah... I did get stopped out. But I did at least trailed the stop to BE+ a couple of pips.
  • #49,918
  • Feb 13, 2021 6:34am Feb 13, 2021 6:34am
For USDCAD, current expectation is a NSL following after a LH.
Projection is good so expectation is a retrace somewhere in the middle of the swing.
I think structure is also evident as can be seen on the yellow box.
Big bearish candle.

I do however see that there might be some massive resistance when trying to create a NSL.
Will just manage the trade aggressively and put it to BE as soon as possible.
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  • #49,919
  • Feb 13, 2021 6:42am Feb 13, 2021 6:42am
For CHFJPY, expectation is a NSL following a LH.
Although I am expecting a NSL, projection is kinda weak so retracement would be far along in the swing... which is inline with the expectation.
I can see an AB=CD pattern (complex correction) leading up to what I believe to be the LH.
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  • #49,920
  • Feb 13, 2021 6:53am Feb 13, 2021 6:53am
Last chart before I slack off again (sigh...)
EURUSD is in a downtrend and expectation is a LH followed by a NSL.
Momentum decreased compared to the previous 2 and depth is increasing. Projection is a bit better but not by much.
Not expecting price to make a NSL that far down. (1:1 expectation plotted)
Retraced into structure level
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