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"Ratios & Harmonics: a Different Way to Trade." Summary 37 replies

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Attachments: Ratios & Harmonics: a Different Way to Trade
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Ratios & Harmonics: a Different Way to Trade

Quoting itinerant
{quote} Thanks Mr. Pip I've watched the video a couple of times and I think I must be missing something - I thought momentum was fundamentally the gradient of the line from the pullback to the next swing low (or high). If that's the case, unless there is constant volume throughout the time period you'll always get different results on tick charts to time charts. Hopefully it'll make more sense to me later.
Not to worry I will go over it again later on when I have access to charts
If you fail to plan, you plan to fail.
Quoting Mr. Pip
{quote} get to know you patterns, it is not a gartley. Can we focus on what matters for now? structure, order flow & bar by bar. Abcd
Mr Pip's pattern rules have been posted many times, here's one time - post #2787.
I agree, lets concentrate on what Mr Pip is trying to teach right now. It's invaluable so pay attention traders!! You can't make a living just knowing the patterns but you can make a living reading PA.
Barry
Quoting Bary
{quote} Mr Pip's pattern rules have been posted many times, here's one time - post #2787. I agree, lets concentrate on what Mr Pip is trying to teach right now. It's invaluable so pay attention traders!! You can't make a living just knowing the patterns but you can make a living reading PA.
Great post Barry everyone is so into the patterns. They are only set ups they say the devil is in the details. The detail is price action. All these sites give generic pattern with huge ranges and then you think you are looking at one and bam it turns into another. Make them your own as I have.

You must remember what I always say you have to qualify your patter or particular set up and if you don't know how to read the chart properly guess what will happen???
If you fail to plan, you plan to fail.
Quoting Mr. Scott
{quote} Gartley needs B of 61.8, Bat 50. You have a 50 there.
Thanks for the reply Mr. Scott. As per the bat rule, should we wait for 88.6 for D. ?
-milkeyway
Quoting kumaramy
{quote} Thanks for the reply Mr. Scott. As per the bat rule, should we wait for 88.6 for D. ?
Yes, that would comply with the ratios and rules here.

But right now we need to focus on PA as per Mr. Pip's post and request.

Quoting Mr. Pip
{quote} get to know you patterns, it is not a gartley. Can we focus on what matters for now? structure, order flow & bar by bar. Abcd

We have a potential set up, but what will invalidate it? What do we need to take it?
The world you desire can be won. It exists.. it is real.. it is possible..
Quoting Mr. Scott
{quote} Yes, that would comply with the ratios and rules here. But right now we need to focus on PA as per Mr. Pip's post and request. {quote} We have a potential set up, but what will invalidate it? What do we need to take it?
I observe in daily and 4hr time frame that previous some bar's battle indicates still bullish trend.
-milkeyway
EUR/USD
bearish bat pattern with 1.27AB=CD.
i don't think i have to explain, the chart says it all.
I will see how the price will go to the level , i like to see the price go a bit stronger from now , not slow. also there's very good resistance in the midle in the supply zone that i didn't draw.
of course will check VSA to confirm, but 99% i will take that trade.
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hey all, watching euro and yen as usual.

watching this particular set up in yen
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Quoting FineForex
hey all, watching euro and yen as usual. watching this particular set up in yen {image}
also this in gbpusd
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Quoting interputure
EUR/USD bearish bat pattern with 1.27AB=CD. i don't think i have to explain, the chart says it all. I will see how the price will go to the level , i like to see the price go a bit stronger from now , not slow. also there's very good resistance in the midle in the supply zone that i didn't draw. of course will check VSA to confirm, but 99% i will take that trade. {image}
There may be a short-term adjustment. trend continues to increase.
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Trading in the zone
Quoting hao
{quote} There may be a short-term adjustment. trend continues to increase. {image} {image}
what do you mean by "There may be a short-term adjustment"?
Quoting interputure
{quote} what do you mean by "There may be a short-term adjustment"?
same pattern you draw. in that area, it could go down. not go down deep.
Trading in the zone
I trade model four points: A,B,C,D ( AB=CD, ABCD ). CD leg length or shorter depending on the junction at point D. eg BAT model, AB leg shorter than leg CD.
Trading in the zone
Hello Mr. Pip,
Price action test :

  1. Battle of candle g won by bulls. Closed above 50% of itself (
  2. Battle of candle f won by bulls. Closed above 50% of itself and previous candle.
  3. Battle of candle e won by bears but no strong sell pressure seen. Also closed above 50% of candle f.
  4. Battle of candle d won nobody
  5. Battle of candle c won by bears but closed above 50% of itself. Could not even break low of d.
  6. Battle of candle b won by bulls. Also closed above 50% of itself. Broke the high of c.

All of the above points indicates me that we may see bullish price action so i would enter my buy trade at the open of the candle a.

This is how I am thinking about PA. Let me know if anything is wrong or remained about PA.

Attached Image
-milkeyway
Quoting kumaramy
Hello Mr. Pip, Price action test : Battle of candle g won by bulls. Closed above 50% of itself ( Battle of candle f won by bulls. Closed above 50% of itself and previous candle. Battle of candle e won by bears but no strong sell pressure seen. Also closed above 50% of candle f. Battle of candle d won nobody Battle of candle c won by bears but closed above 50% of itself. Could not even break low of d. Battle of candle b won by bulls. Also closed above 50% of itself. Broke the high of c.All of the above points indicates me that we may see bullish...
My opinion: you apply the wrong PA. PA is used in the command field entry. In case the price moves, there is 30% false. in your image. before candle A appears if you enter a purchase order buy , you have a high failure rate.
Trading in the zone
Quoting hao
{quote} same pattern you draw. in that area, it could go down. not go down deep.
Where is your enter , SL and TP level in that level?
mine:
enter: @1.37650
SL: @1.37852
TP: @1.37246
2:1 RR
Quoting interputure
{quote} Where is your enter , SL and TP level in that level? mine: enter: @1.37650 SL: @1.37852 TP: @1.37246 2:1 RR
I wait for signs of reversal, I never limit orders. in the case of price reversal, short term reversal, it may reverse anytime.
Trading in the zone
Quoting FineForex
{quote} also this in gbpusd {image}
target reached for day
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Quoting hao
{quote} I wait for signs of reversal, I never limit orders. in the case of price reversal, short term reversal, it may reverse anytime.
because i trade harmonics only within SD level , it's like trading SD with the harmonics confirmation so i know wher to set my TP and SL and take most of the trade by limit order.
which signs of reversaal do you wait for? price action candles patterns like DOJI and pinbars?
Quoting interputure
{quote} because i trade harmonics only within SD level , it's like trading SD with the harmonics confirmation so i know wher to set my TP and SL and take most of the trade by limit order. which signs of reversaal do you wait for? price action candles patterns like DOJI and pinbars?
limit orders can work against you, you should wait and monitor Price action with in S/D zone and pull trigger only when u can confirm the zone validity.
this thread is about reading the bars through a different perspective, Mr. Pip is teaching that doji and pinbars are inferior to viewing strength of candle in terms of 1/3s and their relative strength to previous couple candles and having an expectation for where u want to see the weak bars.
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