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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

  • #6,161
  • Dec 17, 2013 8:11am Dec 17, 2013 8:11am
Quoting gaf
Good morning Traders. Got knocked out of my first aggressive trade today; I never would have taken this last week. Glad to see everyone doing so well. Most of my fear has been removed since last weeks exercise and videos. So thats a huge step. Just waiting for the next setup . Have a great morning! {image}

Hey gaf,
Why did you get stopped out?
If you moved to BE at the 38% fib you didn't give it enough room. Mr Pip had an example of that in one of his live trades last week. If Be is to close to price keep SL far eniugh away till pa moves more in your favor.
Barry
  • #6,162
  • Dec 17, 2013 8:12am Dec 17, 2013 8:12am
Quoting hao
{quote} http://www.forexfactory.com/showthread.php?t=462778: Ratios & Harmonics: a Different Way to Trade. that you see it again: following link me upload. My system is an improvement of topics and 3 other topics combined, I want to help people save time and have a better system.
haha system improvement ? please. this is gold

itinerant is right you needa credit mr pip in your thread for using a lot of his system and also videos. we don't even know if hes cool with that
  • #6,163
  • Dec 17, 2013 8:13am Dec 17, 2013 8:13am
Quoting FineForex
{quote} yeah pretty much same, but if price takes out this lil orange rectangle im out . im in at line {image}

G/U going in our favor, but I should have taken the E/U also. Working out much better
Barry
  • #6,164
  • Dec 17, 2013 8:14am Dec 17, 2013 8:14am
Quoting FineForex
{quote} haha system improvement ? please. this is gold itinerant is right you needa credit mr pip in your thread for using a lot of his system and also videos. we don't even know if hes cool with that

I AGREE!
Barry
  • #6,165
  • Dec 17, 2013 8:15am Dec 17, 2013 8:15am
Quoting FineForex
{quote} yeah pretty much same, but if price takes out this lil orange rectangle im out . im in at line {image}
update
Attached Image (click to enlarge)
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  • #6,166
  • Dec 17, 2013 8:18am Dec 17, 2013 8:18am
Quoting Bary
{quote} G/U going in our favor, but I should have taken the E/U also. Working out much better
damn EU is killin it
  • #6,167
  • Dec 17, 2013 8:18am Dec 17, 2013 8:18am
Quoting FineForex
{quote} haha system improvement ? please. this is gold itinerant is right you needa credit mr pip in your thread for using a lot of his system and also videos. we don't even know if hes cool with that
I'm not arguing with you, I was one who always learning. I have no obligation to explain to people, but I still do. If you understand, ok. If you do not understand, so it's not related to me. what I need is knowledge, I do not need the support and your thoughts about myself.
Trading in the zone
  • #6,168
  • Dec 17, 2013 8:20am Dec 17, 2013 8:20am
Quoting FineForex
{quote} update {image}

G/U moved to BE.
Damn the E/U hit target already (I'm not in E/U trade)
Barry
  • #6,169
  • Dec 17, 2013 8:20am Dec 17, 2013 8:20am
Quoting Bary
{quote} G/U moved to BE. Damn the E/U hit target already (I'm not in E/U trade)
yeah D completion at structure
Attached Image (click to enlarge)
Click to Enlarge Name: dec 17 eurusd.jpg Size: 161 KB
  • #6,170
  • Dec 17, 2013 8:21am Dec 17, 2013 8:21am
Quoting gaf
Good morning Traders. Got knocked out of my first aggressive trade today; I never would have taken this last week. Glad to see everyone doing so well. Most of my fear has been removed since last weeks exercise and videos. So thats a huge step. Just waiting for the next setup . Have a great morning! {image}
Hi Gaf. I'm wondering how you got stopped out on that trade? It worked out for me:
Attached Image (click to enlarge)
Click to Enlarge Name: trade.png Size: 63 KB
  • #6,171
  • Dec 17, 2013 8:22am Dec 17, 2013 8:22am
Quoting Bary
{quote} G/U moved to BE. Damn the E/U hit target already (I'm not in E/U trade)
took 12.

expecting pullback. follow your rules of course tho
  • #6,172
  • Dec 17, 2013 8:26am Dec 17, 2013 8:26am
Quoting hao
{quote} I'm not arguing with you, I was one who always learning. I have no obligation to explain to people, but I still do. If you understand, ok. If you do not understand, so it's not related to me. what I need is knowledge, I do not need the support and your thoughts about myself.
what I mean is its good for you to improve your understanding and make the knowledge your own, but you should make your own video for your thread or ask Mr. Pip personally for his videos
  • #6,173
  • Dec 17, 2013 8:29am Dec 17, 2013 8:29am
Quoting Bary
{quote} Hey gaf, Why did you get stopped out? If you moved to BE at the 38% fib you didn't give it enough room. Mr Pip had an example of that in one of his live trades last week. If Be is to close to price keep SL far eniugh away till pa moves more in your favor.

Hey Barry, Yes I know the management sucked but I was not sure if orderflow had changed here. I was expecting a shallow retrace and the bulls showed interest with the PA off the 38 so maybe I should have risked a close above my entry. We had increasing bull momentum into the agro C zone and no abcd finish like I like to see here. I had some structure and a ratio so I was a bit skittish. How would you have handled that? We did have an increase in bear momentum down so thats what attracted me to the trade in the first place. I missed out on 30 pips there so I'm eager to learn. Thanks Barry! Cheers.
Finally out of the shadows.
  • #6,174
  • Dec 17, 2013 8:31am Dec 17, 2013 8:31am
Quoting gaf
{quote} Hey Barry, Yes I know the management sucked but I was not sure if orderflow had changed here. I was expecting a shallow retrace and the bulls showed interest with the PA off the 38 so maybe I should have risked a close above my entry. We had increasing bull momentum into the agro C zone and no abcd finish like I like to see here. I had some structure and a ratio so I was a bit skittish. How would you have handled that? We did have an increase in bear momentum down so thats what attracted me to the trade in the first place. I missed out on...
this is what Mr pip gets on your case about, having strict management rules. if you got taken out BE following your rules that's a WIN.
  • #6,175
  • Dec 17, 2013 8:33am Dec 17, 2013 8:33am
Quoting itinerant
{quote} Hi Gaf. I'm wondering how you got stopped out on that trade? It worked out for me: {image}

Expectations and possibly poor trade management. Check out the post to Barry. How did you read the short term orderflow on this one? The increasing bull momentum, expected shallow pullback gave me pause on this and I guess I managed the stop too tightly. Thanks in advance. Cheers.
Finally out of the shadows.
  • #6,176
  • Dec 17, 2013 8:33am Dec 17, 2013 8:33am
Quoting FineForex
{quote} what I mean is its good for you to improve your understanding and make the knowledge your own, but you should make your own video for your thread or ask Mr. Pip personally for his videos
it is my shortcoming, I forgot to record the source. What you wrote before that I do not understand.
Trading in the zone
  • #6,177
  • Dec 17, 2013 8:35am Dec 17, 2013 8:35am
Quoting gaf
{quote} Hey Barry, Yes I know the management sucked but I was not sure if orderflow had changed here. I was expecting a shallow retrace and the bulls showed interest with the PA off the 38 so maybe I should have risked a close above my entry. We had increasing bull momentum into the agro C zone and no abcd finish like I like to see here. I had some structure and a ratio so I was a bit skittish. How would you have handled that? We did have an increase in bear momentum down so thats what attracted me to the trade in the first place. I missed out on...

I took the G/U short because the structure in the sell zone was stronger the the structure in the E/U sell zone.
You're right and the E/U had alot of momentum going into zone, so you're thinking is good. But for me once in the trade I wouldn't have moved the SL so close to price. Good trade anyway!
Barry
  • #6,178
  • Dec 17, 2013 8:37am Dec 17, 2013 8:37am
Quoting FineForex
{quote} this is what Mr pip gets on your case about, having strict management rules. if you got taken out BE following your rules that's a WIN.

Then I won Thanks Fine! But if my management rules need to be massaged I'm open to being a bit more plastic in their application. Last week I would not have taken the trade due to the short term orderflow and momentum so I see improvement even if I'm not hitting homeruns yet. Soon enough.
Finally out of the shadows.
  • #6,179
  • Dec 17, 2013 8:39am Dec 17, 2013 8:39am
Quoting Bary
{quote} I took the G/U short because the structure in the sell zone was stronger the the structure in the E/U sell zone. You're right and the E/U had alot of momentum going into zone, so you're thinking is good. But for me once in the trade I wouldn't have moved the SL so close to price. Good trade anyway!

Cool thanks Barry. I'll experiment a bit.
Finally out of the shadows.
  • #6,180
  • Dec 17, 2013 8:40am Dec 17, 2013 8:40am
Quoting FineForex
{quote} yeah D completion at structure {image}
5 pip euro scalp

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right after got out hit my target of .50 RN
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