Ratios & Harmonics: a Different Way to Trade

Quoting juliuy

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I thought I should also share a few of my trades based on Mr.Pip rules. I took an Aggressive C on AUDJPY H1 on Dec 13. That finished with +124 pips of profit, around 1:1.5 R:R. The first image is the entry, and the second one is the exit. Any comments or remarks about the trade from Mr.Pip or other veterans are welcome. Thanks! Julius {image} {image}

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Quoting juliuy

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I thought I should also share a few of my trades based on Mr.Pip rules. I took an Aggressive C on AUDJPY H1 on Dec 13. That finished with +124 pips of profit and R:R was 1:1.7. The first image is the entry, and the second one is the exit. Any comments or remarks about the trade from Mr.Pip or other veterans are welcome. Thanks! Julius {image} {image}

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Quoting kumaramy

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{quote} Can you please post reasons and what confluence you found for this trade ?

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Quoting horuxito

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{quote} Very nice trade man. I can see the bearish momentum and a nice opportunity to reload positions where you took your trade. My only observation is about the white fibonacci. It's backwards. You should have the 0% where you have the 100% and viceversa, since you took the trade from the 38.2% of the big swing not the 61.8. I understand this was to add confluence which was perfect.. 38% of that big swing added a lot of confluence to reload short.

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Quoting juliuy

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{quote} Well, at the time of the entry, which was 6 days ago, I still haven't read the recent posts where Mr.Pop was emphasizing so much, that it is about the confluence, we don't just trade patterns. So I was just happy that I found this strong AB move down, then obvious slower retracement to 61.80% - 78.60%, which were valid for Aggresive C. Also the PA was another signal: bullish candle with a long wick up, then next bearish candle that retraced almost half of the previous bullish one, and then another bearish candle that hasn't finished yet....

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Quoting juliuy

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{quote} Well, at the time of the entry, which was 6 days ago, I still haven't read the recent posts where Mr.Pop was emphasizing so much, that it is about the confluence, we don't just trade patterns. So I was just happy that I found this strong AB move down, then obvious slower retracement to 61.80% - 78.60%, which were valid for Aggresive C. Also the PA was another signal: bullish candle with a long wick up, then next bearish candle that retraced almost half of the previous bullish one, and then another bearish candle that hasn't finished yet....

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Quoting horuxito

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{quote} I like 61.8% retracements, even some 50% when you are measuring them from a bigger window of time. But I think many of the pros here will agree that you want to see some harmonics within that retracement. That's the way I consider "aggressive" C trades. However for me they are only part of price orderflow. You get a confluence in such situations: in one hand you have a nice retracement, say for example, from a H4 charts swing, while your M15 chart printed you an ABCD. So at the end you have a valid PRZ with higher TF confluence. Please let...

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Quoting monocor

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I had this trade yesterday UJ M1, for 23 pips, and couple more for total of 10 pips. It is amazing, how it works. There was a structure at 103, I think that was a good one ! I had a Sell in D, but it didn't go well, closed BE {image}

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Quoting horuxito

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{quote} Uhmm. I am sorry if I comment here but I see a couple of things, maybe three. 1. That is a forced Aggro C. The rules of the swings are: "100 out of 100 people agree this is the high and this is the low". And in your picture you are not taking what we could consider a low in your A point. 2. The AB swing must be equally projected to CD and all I see is 2 different swings. They might have the same height, I don't know. But I know they don't look the same. 3. You must have a Fibo extension of the AB swing to get confluence with the swing harmonic...

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Quoting horuxito

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{quote} Uhmm. I am sorry if I comment here but I see a couple of things, maybe three. 1. That is a forced Aggro C. The rules of the swings are: "100 out of 100 people agree this is the high and this is the low". And in your picture you are not taking what we could consider a low in your A point. 2. The AB swing must be equally projected to CD and all I see is 2 different swings. They might have the same height, I don't know. But I know they don't look the same. 3. You must have a Fibo extension of the AB swing to get confluence with the swing harmonic...

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Quoting monocor

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{quote} I am still learning, and trying. AB and CD is the same size, I have extension of 127, i like it better, it is not on the chart, but TP was at 127%. Would you take as an A lower pick, which is in the right corner ? Thank you ! Best regards ?

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Quoting monocor

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{quote} I used simafore, but probably I shouldn't rely on indicator {image}

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Quoting horuxito

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{quote} Swings should be visible to the naked eye although I understand sometimes that's difficult. For that reason I don't use time based charts, I prefer range bars charts, I talk about them in my journal. Semaphor is supposed to help the Elliot Wave traders the same way ZigZag is supposed to help harmonic traders. The problem is all those swing points are arbitrary and they have a lagging nature.

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Quoting Forexbuster

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hi guys ab=cd pattern on silver and gold {image} {image}

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