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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

  • #7,681
  • Jan 17, 2014 9:06am Jan 17, 2014 9:06am
I am shorting CADCHF because I am seeing decreasing momentum to the upside. Price already retraced twice from the big horizontal gray line. And now price again retraced from small gray horizontal line after a weak pullback.
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-milkeyway
  • #7,682
  • Jan 17, 2014 9:40am Jan 17, 2014 9:40am
Take this trade we will see how it goes
regards
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  • #7,683
  • Jan 17, 2014 9:47am Jan 17, 2014 9:47am
Quoting FineForex
{quote} well as per my rules im out +3 . sucky reaction off supply there but ok no problem on to the next one {image}
You followed your RULES & PLAN.

I broke mine today.
  • #7,684
  • Jan 17, 2014 9:50am Jan 17, 2014 9:50am
Quoting pampaq
Take this trade we will see how it goes regards {image}
I went to 141.44, + 21 pips, I need to master emotions out early, was programmed tp 141.30.
regards
  • #7,685
  • Jan 17, 2014 10:10am Jan 17, 2014 10:10am
Looks like I entered early.
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-milkeyway
  • #7,686
  • Jan 17, 2014 10:23am Jan 17, 2014 10:23am
Quoting 76bronco
{quote} You followed your RULES & PLAN. I broke mine today.
what trade did you violate your rules? how did you violate them? what could you have done different?
  • #7,687
  • Jan 17, 2014 10:24am Jan 17, 2014 10:24am
Quoting pampaq
Take this trade we will see how it goes regards {image}
Maybe it's just me who needs to clean my glasses but do you really use all those indicators before you take a trade? I find it hard to follow your chart.
Rise and rise again until lambs become lions
  • #7,688
  • Jan 17, 2014 10:25am Jan 17, 2014 10:25am
Quoting kumaramy
After watching the video Nov 13 about demand and supply, I tried to make following one analysis. Price increased with strong momentum to the supply zone so I expect retrace may not happen in the supply zone and price may break the zone and go up. {image}
Let's wait for the pull back, if it is weak, then have ab = cd possibility and so make a AB = CD.
All carefully for Supply Zones 1 and 2.
regards
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  • #7,689
  • Jan 17, 2014 10:34am Jan 17, 2014 10:34am
Quoting Mr_Burns
{quote} Maybe it's just me who needs to clean my glasses but do you really use all those indicators before you take a trade? I find it hard to follow your chart.
Vices of youth, I'm trying to get them out.
You see what you want to see, what was important about Mmtum, Projection, Resistance and areas YLOW
Regards
  • #7,690
  • Jan 17, 2014 11:41am Jan 17, 2014 11:41am
Quoting fineforex
{quote} what trade did you violate your rules? How did you violate them? What could you have done different?
was trying an advance pattern. Then i saw it wasn't working. Back to my
trade plan of strucutre ; long order flow; abcd/ab=cd.
-7 andvance pattern
+25 following my trade plan

this is why fine. Follow the plan !!
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  • #7,691
  • Jan 17, 2014 11:46am Jan 17, 2014 11:46am
Quoting kumaramy
After watching the video Nov 13 about demand and supply, I tried to make following one analysis. Price increased with strong momentum to the supply zone so I expect retrace may not happen in the supply zone and price may break the zone and go up. {image}
And yes it did not retrace.
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-milkeyway
  • #7,692
  • Jan 17, 2014 12:19pm Jan 17, 2014 12:19pm
Quoting Mr. Pip
Traders, Let me know how thing are getting for you. Are you all becoming more profitable? Are you finding clarity in your ability to read the charts? Is trading becoming easier? Give me some feed back It helps me assess where we are at and what we need to focus on. Timing an entry is still on my list, I will work on that after my test next Wednesday. But let me know how you feel personally. If you don't want to post it here although I wish you would we are all family here you can always send me a PM.
Hi Mister,

I'm just working my way through your thread and all the material. Excellent stuff, I'm learning a lot and for the time being pips are with me.
Just wanted to take the opportunity to thank you for your time and your eagerness to help other traders out. I Greatly appreciate your efforts.
Take care and keep up the good work.

BTW, here in Spain coaches (mainly football coaches) are called "Mister" (e.g. "the Mister said this", "the Mister did that" "Hey Mister...."). Therefore your alias couldn't be more appropiate

cheers

spock
Be water, my friend
  • #7,693
  • Jan 17, 2014 4:14pm Jan 17, 2014 4:14pm
Quoting Mr. Pip
Traders, Let me know how thing are getting for you. Are you all becoming more profitable? Are you finding clarity in your ability to read the charts? Is trading becoming easier? Give me some feed back It helps me assess where we are at and what we need to focus on. Timing an entry is still on my list, I will work on that after my test next Wednesday. But let me know how you feel personally. If you don't want to post it here although I wish you would we are all family here you can always send me a PM.
Sir I am still struggling will my trade i like to trade higher TF 4h and Daily Take for instance this chart AU It was when the trade went against me that i release that i fib it wrongly. and others like that
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  • #7,694
  • Jan 17, 2014 5:49pm Jan 17, 2014 5:49pm
Quoting Muyen
{quote} Sir I am still struggling will my trade i like to trade higher TF 4h and Daily Take for instance this chart AU It was when the trade went against me that i release that i fib it wrongly. and others like that {image}
Please show us your entry, reason for trade and your expectations of price so we can help.
Barry
  • #7,695
  • Jan 17, 2014 6:30pm Jan 17, 2014 6:30pm
Quoting Bary
{quote} Please show us your entry, reason for trade and your expectations of price so we can help.
1) I adjudged that the trend has turn because of the NSH and the strengths of the bulls buy the Bullish candles so i entered buy @ 0.90547 with the view to take profit near 50% fib
2)My expectation was for price to get to 38% i observe NSHs and the market flow is bearish
  • #7,696
  • Jan 17, 2014 6:39pm Jan 17, 2014 6:39pm
Quoting Muyen
{quote} 1) I adjudged that the trend has turn because of the NSH and the strengths of the bulls buy the Bullish candles so i entered buy @ 0.90547 with the view to take profit near 50% fib 2)My expectation was for price to get to 38% i observe NSHs and the market flow is bearish

I saw this on the chart and i see how wrong i am, but placing fib there is not the swing?
  • #7,697
  • Jan 17, 2014 6:41pm Jan 17, 2014 6:41pm
Quoting Muyen
{quote} I saw this on the chart and i see how wrong i am, but placing fib there is not the swing?
forgot to load the chart
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  • #7,698
  • Jan 18, 2014 9:49am Jan 18, 2014 9:49am
Is this a valid ACBD?

https://www.tradingview.com/x/dq7BC8mC/
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  • #7,699
  • Jan 18, 2014 9:50am Jan 18, 2014 9:50am
seeing a completed ab=cd pattern on EU as well?
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  • #7,700
  • Jan 18, 2014 10:24am Jan 18, 2014 10:24am
Hello fellow traders. Can someone please clear up a question I have? The USD/JPY say at price 104.309 is where the 30 equals 1 pip and the 9 is 1/10 of a pip. The Euro and Great British Pound both have a price say as example 1.35569 what numbers of these price listings represent 1 pip and the fraction of a pip. Many thanks in advance.










Paul
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