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

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Ratios & Harmonics: a Different Way to Trade

  • #5,941
  • Dec 13, 2013 5:42am Dec 13, 2013 5:42am
Updates on trades
Attached Image(s) (click to enlarge)
Click to Enlarge Name: $EURUSD (233 Tick) 12_13_2013 Update 1.jpg Size: 117 KB
Click to Enlarge Name: $GBPUSD (233 Tick) 12_13_2013 Update 1.jpg Size: 94 KB
If you fail to plan, you plan to fail.
  • #5,942
  • Dec 13, 2013 5:45am Dec 13, 2013 5:45am
Update 2 on both trades
Attached Image(s) (click to enlarge)
Click to Enlarge Name: $EURUSD (233 Tick) 12_13_2013 Update 2.jpg Size: 117 KB
Click to Enlarge Name: $GBPUSD (233 Tick) 12_13_2013 Update 2.jpg Size: 94 KB
If you fail to plan, you plan to fail.
  • #5,943
  • Dec 13, 2013 5:45am Dec 13, 2013 5:45am
Quoting Mr. Pip
Hello Traders, Two entries taken a bit ago {image} {image}
Hello. 233 tick means what time frame ? thanks
-milkeyway
  • #5,944
  • Dec 13, 2013 5:47am Dec 13, 2013 5:47am
Quoting Mr. Pip
Update 2 on both trades {image} {image}
It's like you show your trades and everyone begin to buy it
  • #5,945
  • Dec 13, 2013 5:49am Dec 13, 2013 5:49am
Quoting kumaramy
{quote} Hello. 233 tick means what time frame ? thanks

This isn't a timeframe, it's a transactions number.
  • #5,946
  • Dec 13, 2013 5:49am Dec 13, 2013 5:49am
Quoting IenDzi
{quote} It's like you show your trades and everyone begin to buy it
No. The true student would learn and try to notice why that trade is taken. He can show and talk about the previous swings where the trade was taken and closed. It's not necessary to show live trades.
-milkeyway
  • #5,947
  • Dec 13, 2013 5:50am Dec 13, 2013 5:50am
Quoting kumaramy
{quote} Hello. 233 tick means what time frame ? thanks
Seriously? Have you even read the thread??

You really must READ THE THREAD. If you have already then you need to do it again and make lots of notes.
  • #5,948
  • Dec 13, 2013 5:51am Dec 13, 2013 5:51am
Target hit on pound for 30 pips Eur still working
Attached Image (click to enlarge)
Click to Enlarge Name: $EURUSD (233 Tick) 12_13_2013 Update 3.jpg Size: 115 KB
If you fail to plan, you plan to fail.
  • #5,949
  • Dec 13, 2013 5:53am Dec 13, 2013 5:53am
Quoting PipTrendz
{quote} Seriously? Have you even read the thread?? You really must READ THE THREAD. If you have already then you need to do it again and make lots of notes.
I think mt4 does't have 233 tick. So, it was necessary to ask about details.
-milkeyway
  • #5,950
  • Dec 13, 2013 5:54am Dec 13, 2013 5:54am
Quoting kumaramy
{quote} Hello. 233 tick means what time frame ? thanks
5M
If you fail to plan, you plan to fail.
  • #5,951
  • Dec 13, 2013 5:54am Dec 13, 2013 5:54am
Quoting Mr. Pip
Target hit on pound for 30 pips Eur still working {image}
I am trying to figure out the reasons for trade. If possible please give comments & reasons for the trade. thanks.
-milkeyway
  • #5,952
  • Dec 13, 2013 5:55am Dec 13, 2013 5:55am
Quoting Mr. Pip
{quote} 5M
so you do trade on 5m not 1 hr ?
-milkeyway
  • #5,953
  • Dec 13, 2013 5:59am Dec 13, 2013 5:59am
Euro took profit as well two trades total 54 for the day
Attached Image (click to enlarge)
Click to Enlarge Name: $EURUSD (233 Tick) 12_13_2013 Update 4.jpg Size: 108 KB
If you fail to plan, you plan to fail.
  • #5,954
  • Dec 13, 2013 6:03am Dec 13, 2013 6:03am
Quoting Mr. Pip
Update 2 on both trades {image} {image}

GM Mr Pip

I wasn't thinking long because of the momentum on that big drop over night. Why did you go long?
Momentum to the up side getting weaker (circle area)so I expected a weak push into PRZ and then continue down.
I have some projections like you do, structure and ratio in the PRZ.
Attached Image (click to enlarge)
Click to Enlarge Name: EU Friday 1.png Size: 68 KB
Barry
  • #5,955
  • Dec 13, 2013 6:03am Dec 13, 2013 6:03am
Ok, GBPUSD was taken because of AB=CD and strong support.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdm15.png Size: 42 KB

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusddaily.png Size: 47 KB

But why EURUSD was taken, I have no idea.
  • #5,956
  • Dec 13, 2013 6:04am Dec 13, 2013 6:04am
Quoting kumaramy
{quote} so you do trade on 5m not 1 hr ?
233 ticks is *approximately* equal to M5 on EURUSD.

You can get ticks on MT4, but personally I've found the experience underwhelming.

If you want to trade ticks, best to move to a different platform.
  • #5,957
  • Dec 13, 2013 6:06am Dec 13, 2013 6:06am
Quoting Bary
{quote} GM Mr Pip I wasn't thinking long because of the momentum on that big drop over night. Why did you go long? Momentum to the up side getting weaker (circle area)so I expected a weak push into PRZ and then continue down. I have some projections like you do, structure and ratio in the PRZ. {image}
I was just about to post the same question! I was watching EURUSD today but wasn't thinking long either.
  • #5,958
  • Dec 13, 2013 6:08am Dec 13, 2013 6:08am
Short pound
Attached Image (click to enlarge)
Click to Enlarge Name: $GBPUSD (233 Tick) 12_13_2013 short.jpg Size: 118 KB
If you fail to plan, you plan to fail.
  • #5,959
  • Dec 13, 2013 6:09am Dec 13, 2013 6:09am
Short eur too
Attached Image (click to enlarge)
Click to Enlarge Name: $EURUSD (233 Tick) 12_13_2013 Short eur.jpg Size: 128 KB
If you fail to plan, you plan to fail.
  • #5,960
  • Dec 13, 2013 6:12am Dec 13, 2013 6:12am
Quoting itinerant
{quote} I was just about to post the same question! I was watching EURUSD today but wasn't thinking long either.
Yep me too!!

Great start to the day Mr Pip, great work!!

I took the GBPUSD but got in a little late so only took 10 pips (lunch again!!).

I am also going short on the EURUSD as a completed Bat pattern and an aggro C following the downwards trend. Lets see how this pans out as had 2 losers today and 2 winners although the losers far outweighed the winners!

Just need a couple of good trades and I may BE for the day but will only trade if they are there, I will not chase them down
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