Attachments: Ratios & Harmonics: a Different Way to Trade

Ratios & Harmonics: a Different Way to Trade

#5,221
Edited 10:07am Nov 19, 2013 9:09am | Edited 10:07am

Mr. Pip
| Membership Revoked | Joined Jul 2010 | 9,273 Posts

R/R has to be at least 1:1 or pass on the trade.

Think of it like this if you trade with an 60% accuracy meaning that 60% of your trades are profitable and you R/R is at least 1:1 then long term you can't lose money. Manage your trades properly and use good money management.

The losses don't matter they are managed.

If you fail to plan, you plan to fail.

#5,222
Nov 19, 2013 9:10am Nov 19, 2013 9:10am

hao
| Joined Aug 2012 | Status: Trading in the zone | 454 Posts

EURAUD

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Trading in the zone

#5,223
Nov 19, 2013 9:13am Nov 19, 2013 9:13am

hao
| Joined Aug 2012 | Status: Trading in the zone | 454 Posts

Quoting Mr. Pip

Disliked

R/R has to be at lease 1:1 or pass on the trade. Think of it like this if you trade with an 60% accuracy meaning that 60% of your trades are profitable and you R/R is at least 1:1 then long term you can't lose money. Manage your trades properly and use good money management. The losses don't matter they are managed.

Ignored

thank you !!!

Trading in the zone

#5,224
Nov 19, 2013 9:13am Nov 19, 2013 9:13am

Mr. Pip
| Membership Revoked | Joined Jul 2010 | 9,273 Posts

Update on the Bat Pattern. Price has rallied not looking to good. Following the rules.

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If you fail to plan, you plan to fail.

#5,225
Nov 19, 2013 9:19am Nov 19, 2013 9:19am

Mr. Pip
| Membership Revoked | Joined Jul 2010 | 9,273 Posts

I'm glad this is not fully going as planned. Here I want you to see the good, bad and ugly. This is real trading no cherry picking. We will follow this trade win or lose.

If you fail to plan, you plan to fail.

#5,226
Nov 19, 2013 9:23am Nov 19, 2013 9:23am

hao
| Joined Aug 2012 | Status: Trading in the zone | 454 Posts

Quoting Mr. Pip

Disliked

I'm glad this is not fully going as planned. Here I want you to see the good, bad and ugly. This is real trading no cherry picking. We will follow this trade win or lose.

Ignored

I do not trade it, 1 S / R at the on PRZ. Any comments, thanks.

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Trading in the zone

#5,227
Nov 19, 2013 9:26am Nov 19, 2013 9:26am

Mr. Pip
| Membership Revoked | Joined Jul 2010 | 9,273 Posts

Quoting hao

Disliked

{quote} I do not trade it, 1 S / R at the on PRZ. Any comments, thanks. {image}

Ignored

You will rarely find S/R at the d point of a Bat Pattern because resistance is point X which is close to point D

If you fail to plan, you plan to fail.

#5,228
Nov 19, 2013 9:30am Nov 19, 2013 9:30am

Mr. Pip
| Membership Revoked | Joined Jul 2010 | 9,273 Posts

Anyone else want to comment. I am here for you.

If you fail to plan, you plan to fail.

#5,229
Nov 19, 2013 9:33am Nov 19, 2013 9:33am

hao
| Joined Aug 2012 | Status: Trading in the zone | 454 Posts

Quoting Mr. Pip

Disliked

{quote} You will rarely find S/R at the d point of a Bat Pattern because resistance is point X which is close to point D

Ignored

That is why large stoploss, in case of a random value.

Trading in the zone

#5,230
Nov 19, 2013 9:38am Nov 19, 2013 9:38am

Mr. Pip
| Membership Revoked | Joined Jul 2010 | 9,273 Posts

Quoting hao

Disliked

{quote} That is why large stoploss, in case of a random value.

Ignored

Don't really follow your point.

If you fail to plan, you plan to fail.

#5,231
Nov 19, 2013 9:50am Nov 19, 2013 9:50am

TheScorpS
Joined Nov 2012 | Status: Trader | 2,339 Posts

USD/JPY M15 Triggered

Waiting on CAD/JPY

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I Have Learned to Take Some Losses to Make Profits

#5,232
Nov 19, 2013 9:56am Nov 19, 2013 9:56am

hao
| Joined Aug 2012 | Status: Trading in the zone | 454 Posts

Quoting Mr. Pip

Disliked

{quote} Don't really follow your point.

Ignored

tell the truth, I seek to discrimination adjust price and respect. My point: prices decline, reject what price???expression of respect for obstructions??
it requires high precision, advantages: low stoploss.

I know the method of he pip trade integration, it is something that my analysis no signs. Import trade by arranging candles. explain what it is I can not explain.

a recent example: I noticed that when prices reach Fib or axial S / R, only approach the stop loss is very low.
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.
****>> it is simulated, it is the closing price on such a line S/R, Fib.

Attached Images

Trading in the zone

#5,233
Nov 19, 2013 10:00am Nov 19, 2013 10:00am

Mr. Pip
| Membership Revoked | Joined Jul 2010 | 9,273 Posts

Update on the and final post on this trade just hit the stop. Can't win them all. Tomorrow I will trade my usual 233T so I will not have time to post. I will however post my chart of all my trades and you all can comment and ask questions.

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If you fail to plan, you plan to fail.

#5,234
Nov 19, 2013 10:01am Nov 19, 2013 10:01am

hao
| Joined Aug 2012 | Status: Trading in the zone | 454 Posts

Quoting hao

Disliked

{quote} tell the truth, I seek to discrimination adjust price and respect. My point: prices decline, reject what price???expression of respect for obstructions?? it requires high precision, advantages: low stoploss. I know the method of he pip trade integration, it is something that my analysis no signs. Import trade by arranging candles. explain what it is I can not explain. a recent example: I noticed that when prices reach Fib or axial S / R, only approach the stop loss is very low. Close price in a straight line Fib or S / R, randomly removed...

Ignored

http://www.forexfactory.com/showthread.php?p=7097097#post7097097

method of he PIP, my system can not explain.

Trading in the zone

#5,235
Nov 19, 2013 10:06am Nov 19, 2013 10:06am

hao
| Joined Aug 2012 | Status: Trading in the zone | 454 Posts

Quoting hao

Disliked

{quote} http://www.forexfactory.com/showthread.php?p=7097097#post7097097 method of he PIP, my system can not explain.

Ignored

I tried to explain: there are things that are not random, and more signs of reversing of he pips. great signs.

Trading in the zone

#5,236
Nov 19, 2013 10:07am Nov 19, 2013 10:07am

Mr. Pip
| Membership Revoked | Joined Jul 2010 | 9,273 Posts

Quoting hao

Disliked

{quote} tell the truth, I seek to discrimination adjust price and respect. My point: prices decline, reject what price???expression of respect for obstructions?? it requires high precision, advantages: low stoploss. I know the method of he pip trade integration, it is something that my analysis no signs. Import trade by arranging candles. explain what it is I can not explain. a recent example: I noticed that when prices reach Fib or axial S / R, only approach the stop loss is very low. Close price in a straight line Fib or S / R, randomly removed...

Ignored

Perhaps it will help me more it you post a trade.

Post your next live trade from start to finish. I am not trying to be rude I just want to be on the same page as you and I'm not. I don't like to give advice if I don't understand to begin with.

I don't want to give bad advice.

If you fail to plan, you plan to fail.

#5,237
Nov 19, 2013 10:16am Nov 19, 2013 10:16am

hao
| Joined Aug 2012 | Status: Trading in the zone | 454 Posts

Quoting Mr. Pip

Disliked

{quote} Perhaps it will help me more it you post a trade. Post your next live trade from start to finish. I am not trying to be rude I just want to be on the same page as you and I'm not. I don't like to give advice if I don't understand to begin with. I don't want to give bad advice.

Ignored

I'm sure he get out of this picture, there are things he missed.

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