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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

  • #7,921
  • Jan 27, 2014 10:13pm Jan 27, 2014 10:13pm
Hello Mr. Pip.
I was observing this consolidation and guessed that the price will go down because it had increasing momentum to the downside and decreasing momentum to the upside. But price actually went up. So, what do you observe in this consolidation for bullish ?
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-milkeyway
  • #7,922
  • Jan 28, 2014 12:42am Jan 28, 2014 12:42am
Hello Mr. Pip. Please review if this analysis is correct. I observed this while studying orderflow.

Downtrend example :

In downtrend,

1] When once price leaves supply zone, the depth to the upside starts decreasing (which means price accelerates to the downside. Price travels to the next demand zone...
2] As soon as price starts coming near to the demand zone bulls starts to buy (violet arrows) which causes :
a] increasing depth to upside
b] increasing momentum to the upside
c] decreasing momentum to the downside
d] the overall trend looks like weaker to the bottom side.

So, we should look for long in this case. We should keep our eyes on price at supply and demand, S/R flip levels.

Thanks.
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-milkeyway
  • #7,923
  • Jan 28, 2014 12:51am Jan 28, 2014 12:51am
my trade
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  • #7,924
  • Edited 4:14am Jan 28, 2014 1:06am | Edited 4:14am
Increasing depth to the downside brown arrows.
Bear's activity at Resistance violet arrows.
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-milkeyway
  • #7,925
  • Jan 28, 2014 1:28am Jan 28, 2014 1:28am
Quoting Forexbuster
my trade{image}
I am stuck with USDCHF short
-milkeyway
  • #7,926
  • Jan 28, 2014 1:41am Jan 28, 2014 1:41am
Quoting kumaramy
Hello Mr. Pip. Please review if this analysis is correct. I observed this while studying orderflow. Downtrend example : In downtrend, 1] When once price leaves supply zone, the depth to the upside starts decreasing (which means price accelerates to the downside. Price travels to the next demand zone... 2] As soon as price starts coming near to the demand zone bulls starts to buy (violet arrows) which causes : a] increasing depth to upside b] increasing momentum to the upside c] decreasing momentum to the downside d] the overall trend looks like...
Hello kumaramy,
As hps trader ive been following this thread for some months
I did search but there are too much posts but Can you give me link to M.Pip's subject : depth,momentum,supp/dem...this hps another way analyzing
Thanks
  • #7,927
  • Jan 28, 2014 1:52am Jan 28, 2014 1:52am
Quoting paulselvan
{quote} Hello kumaramy, As hps trader ive been following this thread for some months I did search but there are too much posts but Can you give me link to M.Pip's subject : depth,momentum,supp/dem...this hps another way analyzing Thanks


http://www.youtube.com/watch?v=u8eGrIvlCBQ

http://www.youtube.com/watch?v=0iCgNCm0vJg
-milkeyway
  • #7,928
  • Jan 28, 2014 2:44am Jan 28, 2014 2:44am
my next tgt levels.
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-milkeyway
  • #7,929
  • Jan 28, 2014 2:57am Jan 28, 2014 2:57am
Looks like I am back in Harmonics...specially order flow and structure.
-milkeyway
  • #7,930
  • Jan 28, 2014 3:11am Jan 28, 2014 3:11am
Looks like it is decision to short at breakout. Structure is in favor of bears. So, shorting it to test this analysis.
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-milkeyway
  • #7,931
  • Jan 28, 2014 3:19am Jan 28, 2014 3:19am
Moved stop to BE ..Risk free now.
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-milkeyway
  • #7,932
  • Jan 28, 2014 3:23am Jan 28, 2014 3:23am
Quoting kumaramy
Moved stop to BE ..Risk free now. {image}
Closed it with +66 pips and stucked in EURGBP
-milkeyway
  • #7,933
  • Jan 28, 2014 3:30am Jan 28, 2014 3:30am
I may stuck in eu too..short term O/F is not in favor of mine.
-milkeyway
  • #7,934
  • Jan 28, 2014 3:42am Jan 28, 2014 3:42am
I don't like when news disturbs order flow pattern.
-milkeyway
  • #7,935
  • Jan 28, 2014 3:49am Jan 28, 2014 3:49am
Important level before 3583
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-milkeyway
  • #7,936
  • Jan 28, 2014 4:07am Jan 28, 2014 4:07am
Good running....Order flow and Structure are awesome.
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-milkeyway
  • #7,937
  • Jan 28, 2014 4:17am Jan 28, 2014 4:17am
Quoting kumaramy
Good running....Order flow and Structure are awesome. {image} {image}
Closed both with +28 & +34 pips
-milkeyway
  • #7,938
  • Jan 28, 2014 4:24am Jan 28, 2014 4:24am
Nice increasing depth to downside at supply.
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-milkeyway
  • #7,939
  • Jan 28, 2014 5:04am Jan 28, 2014 5:04am
Quoting Forexbuster
my trade{image}

closed my trade with profit before it hit my tp
  • #7,940
  • Jan 28, 2014 11:34am Jan 28, 2014 11:34am
I'm short on GPBJPY...
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-milkeyway
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