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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

  • #6,681
  • Edited 2:57am Dec 27, 2013 2:26am | Edited 2:57am
BAT
Shorted EU.
Update :Covered it. Waiting for PA confirmation.:nerd:
Target in mind : 3720
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 33 KB
-milkeyway
  • #6,682
  • Dec 27, 2013 2:38am Dec 27, 2013 2:38am
Quoting kumaramy
BAT {image}
Hello Amit, my first little soldier that entered short to taste the waters died quickly. We have strong momentum. A very unusual asian session. I am starting to build some ratios for a possible top. They could go all the way up to 1.3810-20

For any pattern you want to see price deceleration and we don't see that yet.
Best time to plant a tree was 20 years ago, second best is now
  • #6,683
  • Dec 27, 2013 2:40am Dec 27, 2013 2:40am
Quoting horuxito
{quote} Hello Amit, my first little soldier that entered short to taste the waters died quickly. We have strong momentum. A very unusual asian session. I am starting to build some ratios for a possible top. They could go all the way up to 1.3810-20 For any pattern you want to see price deceleration and we don't see that yet.
What is price declaration?
-milkeyway
  • #6,684
  • Dec 27, 2013 2:41am Dec 27, 2013 2:41am
Quoting Mr. Pip
Well Traders, it's been one year to this day that I decided to introduce this way of trading. I hope you have found value in the content as I have tried to keep thing as easy to understand as possible. I look forward to continuing our journey to consistent profitability. I would like to thank all the contributors for their knowledge and willingness to help. I am glad to be hare and hope this thread continue to enlighten many traders or all skill levels. I ask that we stay true to the rules of the thread. We must respect each other and our opinions....
Mr. Pip, this thread has changed my life and showed me the bread and butter of technical analysis.

Happy anniversary!

i will be highly involved in the thread once again on Monday
  • #6,685
  • Dec 27, 2013 2:43am Dec 27, 2013 2:43am
Quoting kumaramy
{quote} What is price declaration?
Sorry, I don't know if it's the correct word. Price is losing acceleration, or in order flow terms momentum and projection.

Right now price has bounced off the weekly resistance at 1.3798. The CD leg, if we can still call it like that is 145 pips now, twice the ADR.
Best time to plant a tree was 20 years ago, second best is now
  • #6,686
  • Dec 27, 2013 2:56am Dec 27, 2013 2:56am
This is the pattern I see in the EURUSD:

Attached Image
Best time to plant a tree was 20 years ago, second best is now
  • #6,687
  • Dec 27, 2013 3:12am Dec 27, 2013 3:12am
AUD/USD H1 momentum to the upside, with strong projection, expectation for price to make a shallow pullback before resuming the momentum upside, green arrow line is where I expect price to pullback too before looking for long again resuming the short term order flow bullish
Attached Image (click to enlarge)
Click to Enlarge Name: AUD.png Size: 85 KB
I Have Learned to Take Some Losses to Make Profits
  • #6,688
  • Dec 27, 2013 3:36am Dec 27, 2013 3:36am
huge gartley to sell eurusd 1.38 that matches up with previous 1.38-ish previous high.
  • #6,689
  • Dec 27, 2013 3:43am Dec 27, 2013 3:43am
Quoting TheScorpS
AUD/USD H1 momentum to the upside, with strong projection, expectation for price to make a shallow pullback before resuming the momentum upside, green arrow line is where I expect price to pullback too before looking for long again resuming the short term order flow bullish {image}
heloo
could you post Fibonacci tools (with colors ) ?
please !
  • #6,690
  • Dec 27, 2013 4:28am Dec 27, 2013 4:28am
Quoting gtudor
{quote} heloo could you post Fibonacci tools (with colors ) ? please !
I hope this can help
Attached Image (click to enlarge)
Click to Enlarge Name: Fibs.png Size: 135 KB
I Have Learned to Take Some Losses to Make Profits
  • #6,691
  • Dec 27, 2013 4:33am Dec 27, 2013 4:33am
Thought Process Price Action and Order Flow analysis that Mr.Pip did a while ago, thought to myself to compile it and post it for others that could find it helpful
Attached File(s)
File Type: pdf Though Process.pdf   219 KB | 945 downloads
I Have Learned to Take Some Losses to Make Profits
  • #6,692
  • Edited 6:26am Dec 27, 2013 5:45am | Edited 6:26am
Quoting kumaramy
BAT Shorted EU. Update :Covered it. Waiting for PA confirmation.:nerd: Target in mind : 3720 {image}
PA went horrible. I don't know why Bat didn't work. There must be mistake made by me.
-milkeyway
  • #6,693
  • Edited 6:15am Dec 27, 2013 5:47am | Edited 6:15am
If only trades came along like this every time!
Price had overcome 1.38000, price had also overcome last significant swing high (dark blue line). The weekly-R2 still stood in it's way.
Entry was first bull candle closing above weekly-R2.
Projection was into no-mans land, so set the TP to the weekly-R3.
67 pips
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd2712.png Size: 41 KB
  • #6,694
  • Dec 27, 2013 6:04am Dec 27, 2013 6:04am
Quoting gaf
{quote} Nope not chance. I was practicing today also using the 2 min for entry and I saw this one as well. On the 2 min you had some structure arguments and exhaustion to make you more confident. It was harder off the 233 tick but you caught the move as all the bears stops were going to be triggered adding to the orderflow up. Good work!
Thanks for the tip re: 2M... so with the benefit of hindsight, perhaps I should also have been looking at the 144 tick
  • #6,695
  • Dec 27, 2013 6:21am Dec 27, 2013 6:21am
What you think guys comments please.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdh4.png Size: 29 KB
-milkeyway
  • #6,696
  • Dec 27, 2013 7:19am Dec 27, 2013 7:19am
Quoting TheScorpS
{quote} I hope this can help {image}
Offf , thanks very much but my software is MT4 .
Thanks again !
  • #6,697
  • Dec 27, 2013 7:32am Dec 27, 2013 7:32am
Quoting gtudor
{quote} Offf , thanks very much but my software is MT4 . Thanks again !
There is no colorful fib levels in mt4.
-milkeyway
  • #6,698
  • Dec 27, 2013 7:39am Dec 27, 2013 7:39am
Quoting kumaramy
{quote} There is no colorful fib levels in mt4.
The only thing you can do is put several fibs on top of each other. Because each fib would have different levels selected you would see different colors.

I believe a week or so ago another contributor put up an EA or indicator that would automate the process.
  • #6,699
  • Dec 27, 2013 7:42am Dec 27, 2013 7:42am
I have expectation only for AU. No clue for other pairs.
-milkeyway
  • #6,700
  • Dec 27, 2013 9:00am Dec 27, 2013 9:00am
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpyh4.png Size: 35 KB
-milkeyway
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