Middle red line and arrow indicate entry and stop loss as the bottom red line.
BTW, your charts look so much cleaner than mine on the 233 tick, is that with Kinetick too?
"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
Disliked{quote} Very nice, I got in sooner than that as this is what I saw earlier. Got in and out for 9 pips so not too bad. Although, did I get a bit lucky here? Not sure I should have entered there or not for an aggressive C. It was in the direction of the market so thought it was good? Middle red line and arrow indicate entry and stop loss as the bottom red line. {image} BTW, your charts look so much cleaner than mine on the 233 tick, is that with Kinetick too?Ignored
Disliked{quote} He he he. I think I was on the other side of your trade . Deliberately left to eliminate emotion. I need to get used to losing so this is a good start! I've noticed that most of my losing trades are D trades against trend so I guess I'll have to modify my plan . {image}Ignored
Disliked{quote} He he he. I think I was on the other side of your trade . Deliberately left to eliminate emotion. I need to get used to losing so this is a good start! I've noticed that most of my losing trades are D trades against trend so I guess I'll have to modify my plan . {image}Ignored
Disliked{quote} You can resist the command line, the reason your trading is what?, Reverse signs? I checked the Piptrendz point D, I see a Fib expansion and no signs of reversal. You know what is the fork? http://www.forexfactory.com/showthread.php?p=6322854#post6322854Ignored
Disliked{quote} You can resist the command line, the reason your trading is what?, Reverse signs? I checked the Piptrendz point D, I see a Fib expansion and no signs of reversal. You know what is the fork? http://www.forexfactory.com/showthread.php?p=6322854#post6322854Ignored
Disliked{quote} I took a short at the higher abcd and lost 10. im an idiot because in my trade plan im not allowed to take trades against orderflow. lost my discipline thereIgnored
Disliked{quote} I'm having trouble reading as that top is coming back rather sharply now. abcd correction down but orderflow has probably changed. The sluggish movement of the price always gets me confused in these areas. It often explodes out if I'm on the sidelines or grinds lower if I were in the trade. I find these decisions tough to make. I mean technically agro C for the longer term orderflow up but we've made new structure on strength and my weak pullback didn't come from that last great projection. {image}Ignored
Disliked{quote} You can resist the command line, the reason your trading is what?, Reverse signs? I checked the Piptrendz point D, I see a Fib expansion and no signs of reversal. You know what is the fork? http://www.forexfactory.com/showthread.php?p=6322854#post6322854Ignored
Disliked{quote} I perceived the slowness at top of ABCD as compression to supply, thought it was gonna plummet down. {image}Ignored
Disliked{quote} This was also my mistake. I have a hard time determining whether price is accepting a level or slowing down to reverse. Yes we have nsh but on waning momentum here. Looking at my previous charts price often reverses violently from these areas as well although much better with structure. I guess I have to study more to see when it is more favorable for one to occur over the other. Glad I'm not the only one having trouble with this . Cheers!Ignored
Disliked{quote} dude. this is what we should have seen and planned for. damn {image}Ignored
Disliked{quote} Mr. pips so the pattern is just a set-up to get on or rdy on the trade its still depend on 1hr candle price action to hit the trigger right? = )Ignored
DislikedThanks for the PA video by MrPips. At last someone who knows! Cheers.Ignored
DislikedHi Mr Pip, Just wondering if you could give some feedback on a trade I made last week. I have now had the time to go through most of the thread again and refresh my memory and clearly was missing some things. I have started a trading log so I can analyse any mistakes further and identify any issues with my trading setups. Okay so here is the chart I was looking at last week, the daily EURUSD. I entered the trade when the last candle was bearish and put the stop loss above structure. {image} Then this is now... {image} So the way I see it I entered...Ignored
Disliked{quote} He he he. I think I was on the other side of your trade . Deliberately left to eliminate emotion. I need to get used to losing so this is a good start! I've noticed that most of my losing trades are D trades against trend so I guess I'll have to modify my plan . {image}Ignored
Disliked{quote} I took a short at the higher abcd and lost 10. im an idiot because in my trade plan im not allowed to take trades against orderflow. lost my discipline thereIgnored
Disliked{quote} A price is usually paid when you break your rules and not follow your plan and it usually is not a favorable one. Don't beat yourself up learn from it and stick to your plan.Ignored