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  • #221
  • Nov 30, 2012 11:23pm Nov 30, 2012 11:23pm
Quoting 9er
EP -.... I'll answer your questions line by line below:
......
Thanks for your reply. I certainly agree.
Nice to see your remark about BW books being aesthetically pleasing to read as I intend reading it next to learn more about the six dimensions.
All the best,
Cheers,
EP
  • #222
  • Nov 30, 2012 11:35pm Nov 30, 2012 11:35pm
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
Folks zone trading is a bit complex and requires a different or advanced mind set. Let's keep this thread to the "basics". Zones are GREAT, but not a necessity to learning the basics first - learn the basics, get good at them and naturally progress to zone trading.

I haven't even begun to discuss channels, trend lines etc. Let's slow the learning curve and not "speak" beyond the learners comprehension!

This is why I use the "simple" moving average, because it is just THAT - Simple!

I like Mr Pips interpretation of the ABCD patterns - as he discusses zones and if you have questions concerning zone trading, I ask that you send him a PM


My style can come across as complex to the untrained eye as it is. Many people have stated that they are trying to "get their mind around it", let's not add another dimension to grasp - just yet

Deal?

Quoting Silat50
Guys, Im a bit lost here as I cheat a bit and use software that calculates the PRZ for me so I dont understand at all how the PRZ is calculated. Is there one way or several ways to do it. I have a funny feeling most of us are lost on this part and in fact many dont know that the PRZ is where you choose to enter your trade at. So for all of us(especially me) can you step by step explain how the PRZ is calculated.

Oh one more thing, for both 9er and Mr Pip is -You dont have to enter the trade in the PRZ Zone do you. You could actually enter when...
  • #223
  • Dec 1, 2012 12:01am Dec 1, 2012 12:01am
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
CKU you couldn't be more wrong. You told yourself that it was advanced because you are not willing to learn. You should probably go to a "turn key" style system, lose your account balance a few times and when that happens I'll welcome you back!

OR start at the beginning of this thread, apply yourself, open a chart and compare what we talk about here to your charts.

There is some part of this learning curve that you must assume yourself. Come on back



Quoting cku
This is advanced Forex Class.
not for anybody.
  • #224
  • Dec 1, 2012 12:05am Dec 1, 2012 12:05am
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
Members - this is what I was referring to with regards to keeping this thread simple. I truly feel bad for members such as CKU that felt this was too complex.

Not saying that anyone is at fault, I just think it is important to keep the material simple - the basics. I will work on my communication as well.

make sense?

Quoting cku
This is advanced Forex Class.
not for anybody.
  • #225
  • Dec 1, 2012 12:21am Dec 1, 2012 12:21am
Finally a fresh thread with some one new well spoken and is good friends and recommended by fx pro, no egotistic crap. I'm all in going to study the first few pages and I'm going to prove through your system that fx can make money and it works from Monday onwards unfortunately for 9er starting up this thread you have gained your self a student my name is Ben I'm and engineering/maths student and have been trading for 4weeks I have nt blown my account and have done well trading live following fx pros 1hour system time prove this can be done have a great weekend see you Monday
  • #226
  • Dec 1, 2012 1:10am Dec 1, 2012 1:10am
the prz is calculated based on certain fibonacci ratio between few points to control. The prz is a potential range for reversal. not fixed level .

here is the detail : how and when we jump into a position using PRZ : link.

no fixed rule that : there MUST BE REVERSAL occured in PRZ.

that's what i can share here.

happy weekend.


rgds,iqyu
Quoting Silat50
Guys, Im a bit lost here as I cheat a bit and use software that calculates the PRZ for me so I dont understand at all how the PRZ is calculated. Is there one way or several ways to do it. I have a funny feeling most of us are lost on this part and in fact many dont know that the PRZ is where you choose to enter your trade at. So for all of us(especially me) can you step by step explain how the PRZ is calculated.

Oh one more thing, for both 9er and Mr Pip is -You dont have to enter the trade in the PRZ Zone do you. You could actually enter when...
not euphoria follower
  • #227
  • Dec 1, 2012 1:45am Dec 1, 2012 1:45am
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
Excellent contribution - however if you are throwing me off I am more than certain you are scaring away others. Please do me a favor and speak to zone trading via PM to each other - ok?

We will get to zone trading soon enough, but let's introduce the basics first. You have to create the mindset before you introduce the style or method.

Telling a baby to run as he is learning to walk, while maybe a good idea for later in life, is not such a good idea while he is learning the basics of walking!

We are walking at right now!

Quoting iqyu5an
the prz is calculated based on certain fibonacci ratio between few points to control. The prz is a potential range for reversal. not fixed level .

here is the detail : how and when we jump into a position using PRZ : link.

no fixed rule that : there MUST BE REVERSAL occured in PRZ.

that's what i can share here.

happy weekend.


rgds,iqyu
  • #228
  • Dec 1, 2012 2:16am Dec 1, 2012 2:16am
thanks but sorry, i don't mean to scary the others or even teaching something here

i am not a person that could introduce about zone trading, prz or whatever. Still learning also everyday in ff sir. but yes.. there is a site that people could learn about harmonic out there . that's what i share and not more.

again .. sorry and success to all of you here.


happy weekend


Quoting 9er
Excellent contribution - however if you are throwing me off I am more than certain you are scaring away others. Please do me a favor and speak to zone trading via PM to each other - ok?

We will get to zone trading soon enough, but let's introduce the basics first. You have to create the mindset before you introduce the style or method.

Telling a baby to run as he is learning to walk, while maybe a good idea for later in life, is not such a good idea while he is learning the basics of walking!

We are walking at right now!
not euphoria follower
  • #229
  • Dec 1, 2012 3:27am Dec 1, 2012 3:27am
I have found the recomended book in pdf format but am not sure if it is complete. It have 103- 108 pages but when i look at it on amazon it should have 288 pages ?

But at the end of the book there is summary so they have taken out something from the middle of the book or it is comprehended ??


Best regards
  • #230
  • Dec 1, 2012 5:10am Dec 1, 2012 5:10am
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
I have seen the same thing. Does the book have images? If not it is a pirate copy. If you have a kindle account or something you can download it right to your computer or tablet if you have one?

Quoting jgadefelth
I have found the recomended book in pdf format but am not sure if it is complete. It have 103- 108 pages but when i look at it on amazon it should have 288 pages ?

But at the end of the book there is summary so they have taken out something from the middle of the book or it is comprehended ??


Best regards
  • #231
  • Dec 1, 2012 5:11am Dec 1, 2012 5:11am
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
No need for an apology! I appreciate the fact that you contributed!

Quoting iqyu5an
thanks but sorry, i don't mean to scary the others or even teaching something here

i am not a person that could introduce about zone trading, prz or whatever. Still learning also everyday in ff sir. but yes.. there is a site that people could learn about harmonic out there . that's what i share and not more.

again .. sorry and success to all of you here.


happy weekend
  • #232
  • Dec 1, 2012 5:25am Dec 1, 2012 5:25am
Quoting 9er
I have seen the same thing. Does the book have images? If not it is a pirate copy. If you have a kindle account or something you can download it right to your computer or tablet if you have one?
no there is no pictures. What is kindle account ? are the pictures good or can i do wiouth them ? i have an old book about gartley patterns also it is called trade what you see.


Best regards
  • #233
  • Dec 1, 2012 5:44am Dec 1, 2012 5:44am
Good Morning,

Thank you 9er for your feedback, much appreciated. My sincere apologies as it was not my intention to overstep anyone or to run before we walk perhaps I was not clear enough in the point I wanted to make.

What I wanted to show is how accurate these zones are. As this thread evolves we will dive into it more. I just wanted to show all here how special this style is and how it gets you closer to identifying these areas where decisions are made. I guess in my excitement I took extra steps. I will try harder to dance with the music and not lose beat. I will pros pone posting the video as it may be out of tempo.

Let me take some steps back. I won't discuss any of the other patterns as we have not gotten there yet. The patten we are discussing is ABCD

All these patterns have a specific set of rules which is what makes them profitable. We must qualify our patterns or signals with price action. We must get to know the dynamics of the pattern we are looking to trade that's what I wanted to show in my post. The indicator posted that draws these for you is nice but my fear is that it uses the ZigZag to identify swings to draw the patterns. The ZigZag is a dynamic indicator the continues to adjust as price advances and might cause patterns to paint that are not valid or transform into other pattern. We must get to know them a bit before we trade them. The other indicators in 9ers style definetly help with good entries. But we must build the case asto why we are getting into that trade.

By knowing the basics of the pattern helps you confirm if what you are seeing is valid information in the steps of building your case to entry. A question was raised earlier if waiting was better for better confirmation? In my humble opinion that greatly depends on the timeframe you have selected as your trading timeframe. What is reasonable expectancy on your chosen time frame. Swings have different expectancy depending on timeframe.
It is unreasonable to expect for a swing to run 30 or 40 pips on a 5M chart. Does it happen of course it does but not routinely. There are other factors to consider as well such as corrections.

Trade entry has a window of opportunity. You have to define that window or you risk reward becomes an issue. You want to place your window at the best possible place to have the best possible risk reward with the highest probability.

Cheers,

Mr. Pip
If you fail to plan, you plan to fail.
  • #234
  • Dec 1, 2012 5:53am Dec 1, 2012 5:53am
Quoting jgadefelth
no there is no pictures. What is kindle account ? are the pictures good or can i do wiouth them ? i have an old book about gartley patterns also it is called trade what you see.


Best regards
Pictures are very important it gives you a visual understanding the book has plenty of chart examples. I don't have a digital copy or I would have posted it for free. If you register on his site you can get a free PDF of his very first book the one I referenced is an updated version of the same book. Down load it its very valuable
If you fail to plan, you plan to fail.
  • #235
  • Dec 1, 2012 6:04am Dec 1, 2012 6:04am
Quoting Mr. Pip
Pictures are very important it gives you a visual understanding the book has plenty of chart examples. I don't have a digital copy or I would have posted it for free. If you register on his site you can get a free PDF of his very first book the one I referenced is an updated version of the same book. Down load it its very valuable

Where can i find his site ? Thanks


Best regards
  • #236
  • Dec 1, 2012 6:32am Dec 1, 2012 6:32am
Quoting jgadefelth
Where can i find his site ? Thanks


Best regards
http://www.harmonictrader.com/

It's a free download
If you fail to plan, you plan to fail.
  • #237
  • Dec 1, 2012 6:42am Dec 1, 2012 6:42am
Quoting Mr. Pip
http://www.harmonictrader.com/

It's a free download

Thanks i thout you meant bill williams book. I also tryed to find his site but was not successful


Thanks.


Best regards
  • #238
  • Dec 1, 2012 7:57pm Dec 1, 2012 7:57pm
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
No you need the pictures - to use a quote from your post, trade what you see. You need the pictures and an open chart in front of you. This helps you "figure it out" as you read any of the trading examples given in the book!

Quoting jgadefelth
no there is no pictures. What is kindle account ? are the pictures good or can i do wiouth them ? i have an old book about gartley patterns also it is called trade what you see.


Best regards
  • #239
  • Dec 1, 2012 7:59pm Dec 1, 2012 7:59pm
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
You can buy the book used for $13.00 here: http://www.amazon.com/New-Trading-Di...lliams+trading

Quoting jgadefelth
Thanks i thout you meant bill williams book. I also tryed to find his site but was not successful


Thanks.


Best regards
  • #240
  • Dec 1, 2012 8:02pm Dec 1, 2012 8:02pm
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
I am dead serious when I say this: Even I don't know about zone trading. I like that you bring an additional element. Maybe as we progress you can identify a time that is more appropriate to introduce. Then the "teacher" can become the "student". I love it - and no worries you never over stepped any boundaries! Your passion for trading and teaching is evident!

Quoting Mr. Pip
Good Morning,

Thank you 9er for your feedback, much appreciated. My sincere apologies as it was not my intention to overstep anyone or to run before we walk perhaps I was not clear enough in the point I wanted to make.

What I wanted to show is how accurate these zones are. As this thread evolves we will dive into it more. I just wanted to show all here how special this style is and how it gets you closer to identifying these areas where decisions are made. I guess in my excitement I took extra steps. I will try harder to dance with the music...
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