Ratios & Harmonics: a Different Way to Trade | Page 258 | 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

  • #5,141
  • Nov 15, 2013 6:07pm Nov 15, 2013 6:07pm
Quoting hao
{quote} sir, I want to contribute what I know. I want to explain my findings, my simple thoughts: price in declined, as a result, price declined in what???. Simple: price in going on PRZ, so how can I discrimination adjust the price and respect Fib. this is my own opinion, I want to adjust and price discrimination in respect. would receive any comments. thank you!!! sorry, my English is not good
Your English is fine and you must use the tools you feel comfortable with. The point I'm trying to drive home is the importance should be place on the strength or weakness by which price reaches the PRZ and not a particular candle formation but if that works for you all the best.
If you fail to plan, you plan to fail.
  • #5,142
  • Nov 15, 2013 6:10pm Nov 15, 2013 6:10pm
Quoting SuperSic58
{quote} Decisions are made in areas of confluence though, yes? Post 9 page 1
Yes they are made at areas of confluence but not everyone makes the same decision. The prevailing party will usually be the one who understands the order flow.
If you fail to plan, you plan to fail.
  • #5,143
  • Nov 15, 2013 6:22pm Nov 15, 2013 6:22pm
Quoting Mr. Pip
{quote} Yes they are made at areas of confluence but not everyone makes the same decision. The prevailing party will usually be the one who understands the order flow.
Thanks, I think I need to focus a little more on my understanding of order flow
  • #5,144
  • Nov 15, 2013 10:33pm Nov 15, 2013 10:33pm
Quoting lobogabor
USDJPY D1 bear gartley/cypher in the 78% XA area.. {image}
Lobogabor, looks like this is a failed setup for bear gartley? Or no trigger yet?
  • #5,145
  • Nov 15, 2013 11:33pm Nov 15, 2013 11:33pm
Quoting Mr. Pip
{quote} Your English is fine and you must use the tools you feel comfortable with. The point I'm trying to drive home is the importance should be place on the strength or weakness by which price reaches the PRZ and not a particular candle formation but if that works for you all the best.
thanks for the opinions.
I would say more, it's not entirely so is the model. My opinion: Close price in a straight line Fib or S / R, randomly removed price. candle image I uploaded, it is my image simulation Close price on Fib straight line or S / R.

price go on PRZ and in reverse quickly and there are no signs, it worries me.
in this case I will do the video-PA of he.
any comments collated in surprise, thank you very much.
Trading in the zone
  • #5,146
  • Nov 16, 2013 9:30am Nov 16, 2013 9:30am
USDJPY
Attached Image(s) (click to enlarge)
Click to Enlarge Name: $USDJPY (60 Min) 11_15_2013.jpg Size: 81 KB
Click to Enlarge Name: $USDJPY (Daily) 6_15_2013 - 11_16_2013.jpg Size: 86 KB
Trading in the zone
  • #5,147
  • Nov 16, 2013 6:23pm Nov 16, 2013 6:23pm
Quoting kedridder
{quote} Lobogabor, looks like this is a failed setup for bear gartley? Or no trigger yet?
Depends on how you look, and what you call a failed setup. The pattern structure has not been violated yet, so I think the patterns are still valid, however I got a comment on the gartley being short of 1% at B being exact 61,8 retracement of XA... so could be a bat? I do not know, these are rules set out for each with an error percentage. The patterns are nevertheless valid until will break their structure (in this case closing above X would invalidate the setup).
What do you think?
  • #5,148
  • Nov 17, 2013 10:59am Nov 17, 2013 10:59am
Mr. Pip, how do you establish where the supply/demand zones are?

thanks
  • #5,149
  • Nov 17, 2013 2:21pm Nov 17, 2013 2:21pm
Hi HP traders, I dont know if it is any help, this weekend I could not get through a lot of staff, just marked readings from the radar, that might be worth to check out for the week...
You still find HP candidates from the past weeks on there, so to point out any inconstancy or change of status.
Attached Image (click to enlarge)
Click to Enlarge Name: HPreview-1116.jpg Size: 577 KB
  • #5,150
  • Nov 17, 2013 2:51pm Nov 17, 2013 2:51pm
hello Mr. Pips

i want to ask how to convert time frame chart into tick chart 233 like your template trading? teach me please,,

thanks
  • #5,151
  • Nov 17, 2013 3:50pm Nov 17, 2013 3:50pm
Quoting maelbinmael
hello Mr. Pips i want to ask how to convert time frame chart into tick chart 233 like your template trading? teach me please,, thanks
He uses ninjatrader, and its a default chart type. Unfortunately, metatrader does not contain this charting type.

You cant convert time frame charts into tick charts, because one tick is one change in quote price, so its simply impossible because they are different measurements.

Fortunately, ninjatrader is free for everything except directly placing trades in it You can use your broker's terminal for entering the orders, and ninja for the chart analysis

Attached Image (click to enlarge)
Click to Enlarge Name: 100tick.png Size: 92 KB
  • #5,152
  • Nov 17, 2013 5:21pm Nov 17, 2013 5:21pm
Quoting Mr. Pip
{quote} In my humble opinion candle formations are just that a formation. Trading is about identification. What are we trying to identify? Does anyone know what we are trying to identify? There are two specific things I try to identify. What are they??????

is it the formation of the candles tells you what the buyes and sellers are doing on the PRZ zone ?
  • #5,153
  • Nov 17, 2013 7:06pm Nov 17, 2013 7:06pm
Quoting pipsistency
Mr. Pip, how do you establish where the supply/demand zones are? thanks
Hello,
Lets keep in mind the S/R or S/D are not lines, they are areas or zones. It is best to include tales and opens or closes also small areas of congestion make for good zones as well. I tell you what grab a chart anyone and any timeframe and identify to the best of your ability these zones. I will then comment and expand on the topic if needed.
If you fail to plan, you plan to fail.
  • #5,154
  • Nov 17, 2013 7:08pm Nov 17, 2013 7:08pm
Quoting Forexbuster
{quote} is it the formation of the candles tells you what the buyes and sellers are doing on the PRZ zone ?

Not exactly we have to look at the strength or weakness in the candles to assess whether or not to take the trade I will post and example of this sometime tomorrow.
If you fail to plan, you plan to fail.
  • #5,155
  • Nov 17, 2013 7:22pm Nov 17, 2013 7:22pm
Quoting Mr. Pip
{quote} Hello, Lets keep in mind the S/R or S/D are not lines, they are areas or zones. It is best to include tales and opens or closes also small areas of congestion make for good zones as well. I tell you what grab a chart anyone and any timeframe and identify to the best of your ability these zones. I will then comment and expand on the topic if needed.
USDJPY Daily
Attached Image (click to enlarge)
Click to Enlarge Name: nov 17 usdjpy daily.jpg Size: 90 KB
  • #5,156
  • Edited 8:23pm Nov 17, 2013 8:03pm | Edited 8:23pm
Quoting FineForex
{quote} USDJPY Daily {image}
Far from being an expert, so maybe should keep my mouth shut ...
The rectangle you drew is rather a resistance one, if you dig into supply, that will be more specific and narrow.
May not play a big difference when working out well, but when hitting the SL one will feel quite a big difference. Both are zones and not lines, just one tends to be focusing on latest swing area, the other on general areas where the pair had a swing. That is all I have seen so far, and being far from an expert on the topic, please comment for common learning.
Tnx.
Looks like a nice potential Wolfe wave, or even a 3 drives there sooner or later...
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH4-1116.jpg Size: 301 KB
  • #5,157
  • Nov 18, 2013 4:21am Nov 18, 2013 4:21am
Quoting Mr. Pip
{quote} Not exactly we have to look at the strength or weakness in the candles to assess whether or not to take the trade I will post and example of this sometime tomorrow.
Is this the same as the PA youtube clip you did?
  • #5,158
  • Nov 18, 2013 8:17am Nov 18, 2013 8:17am
AUD/USD Bearish Crab Pattern, entered short on double top
Attached Image (click to enlarge)
Click to Enlarge Name: 11-18-2013 5-15-57 PM.jpg Size: 159 KB
I Have Learned to Take Some Losses to Make Profits
  • #5,159
  • Nov 18, 2013 8:45am Nov 18, 2013 8:45am
Quoting TheScorpS
AUD/USD Bearish Crab Pattern, entered short on double top {image}
high, higher
Attached Image(s) (click to enlarge)
Click to Enlarge Name: $AUDUSD (240 Min).jpg Size: 70 KB
Click to Enlarge Name: $AUDUSD (240 Min) 11_19_2013.jpg Size: 80 KB
Click to Enlarge Name: $AUDUSD (Daily) 5_23_2013 - 11_19_2013.jpg Size: 71 KB
Trading in the zone
  • #5,160
  • Nov 18, 2013 9:04am Nov 18, 2013 9:04am
Quoting SuperSic58
{quote} Is this the same as the PA youtube clip you did?
Yes it is
If you fail to plan, you plan to fail.
12 traders viewing now