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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

  • #8,361
  • Mar 16, 2014 11:27am Mar 16, 2014 11:27am
Does anybody know how to tell the difference between price rejection and consumption in price action or can you only tell the difference after the fact.
  • #8,362
  • Mar 16, 2014 1:31pm Mar 16, 2014 1:31pm
Reading the thread (on page 55 now ...). Of course trying to find patterns. Would this be valid Gartley pattern on Daily EJ:
Attached Image (click to enlarge)
Click to Enlarge Name: ZHavMar.png Size: 46 KB
Posting Demo charts, mirroring some of them live.
  • #8,363
  • Mar 16, 2014 6:36pm Mar 16, 2014 6:36pm
Hello forexpiet

I'm by no means an expert but so far yes, your pattern does look like it can become a potential Gartley. You can narrow down and confirm the PRZ by;

  1. Calculating a 127.2% extension of AB leg and projecting a ABCD (AB=CD) from the C to D point. The closer the confluence the better.
  2. To increase the patterns probability of success, it helps if the PRZ also aligns with prior structure and goes with order flow. The trend is your friend.

Mr Pip has some videos on youtube to help you out



http://www.youtube.com/channel/UCYMMaQVL85vGxjy2ffRgC5A
http://www.youtube.com/channel/UCw8CjBPrQlRH7jbiRbQcc1w

I hope this helps you bag some pips. Good luck

  • #8,364
  • Mar 18, 2014 8:11pm Mar 18, 2014 8:11pm
Quoting kumaramy
{quote} Difference between harmonics and RTM is : RTM doesn't use fibs. RTM doesn't trade ratios. RTM has some new concepts like FTR, FL, Decision, RBD, DBR etc. AND Similar thingS between Mr. Pip's harmonics and RTM is : Both contains study of supply demand. RTM will post article about orderflow soon. I don't think I will post chart here anymore because my trading style is changed 80%-90% which doesn't match to harmonics. This is my new journal on RTM I will learn and post there. http://readthemarket.com/index.php/forum/journals/2025-amit-s-journal-and-trading-practice...
Hi Kuma: I was visiting RTM, very good, but not as good as Mr Pips.
Why? Absence Order Flow, Fibo absence, and what has RTM, so does Mr Pips. SZ and DZ's and S and R.
Change the TF is increased TF but well is not good enough to let Mr Pips method, IMHO.
What's more, Mr Pips has more than RTM has. The strength and weakness, it is essential to be able to comply with the DZ and SZ.
It seems very good, what you placed on your Bulls and Bears, as indicators. I was making a rapid analysis and seems to work well, we will see more analysis
Regularity is always strong, strong weak. When failure occurs there you go.
Of course without the areas of S and D not clear the TP, although Mr Pips took y61% or 38% or areas of R or S, SH or SL.
Greetings.
I put some trades taken today. with good revenue, to collaborate a little, will be?
XAUUSD 21pips., gbpusd 26 pips. xauusd short at 19pips.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: xauusdm1 21pips.png Size: 43 KB
  • #8,365
  • Mar 18, 2014 8:12pm Mar 18, 2014 8:12pm
Quoting pampaq
{quote} Hi Kuma: I was visiting RTM, very good, but not as good as Mr Pips. Why? Absence Order Flow, Fibo absence, and what has RTM, so does Mr Pips. SZ and DZ's and S and R. Change the TF is increased TF but well is not good enough to let Mr Pips method, IMHO. What's more, Mr Pips has more than RTM has. The strength and weakness, it is essential to be able to comply with the DZ and SZ. It seems very good, what you placed on your Bulls and Bears, as indicators. I was making a rapid analysis and seems to work well, we will see more analysis Regularity...
GBP/USD
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdm1.png Size: 37 KB
  • #8,366
  • Mar 18, 2014 10:10pm Mar 18, 2014 10:10pm
Quoting pampaq
{quote} Hi Kuma: I was visiting RTM, very good, but not as good as Mr Pips. Why? Absence Order Flow, Fibo absence, and what has RTM, so does Mr Pips. SZ and DZ's and S and R. Change the TF is increased TF but well is not good enough to let Mr Pips method, IMHO. What's more, Mr Pips has more than RTM has. The strength and weakness, it is essential to be able to comply with the DZ and SZ. It seems very good, what you placed on your Bulls and Bears, as indicators. I was making a rapid analysis and seems to work well, we will see more analysis Regularity...
Yes. Mr. Pip's method is also good. I am still doing experiments. Yesterday I noticed that If I observe strength and weakness at unique levels then RTM + Mr. Pip can be high probable profitability trades. I observed the same thing that strength and weakness are very important parts as supply and demand.

I am focusing on
S/D.
Strength and weakness.
FTR
FL etc.


And what I have ignored is fibs and ratios.
-milkeyway
  • #8,367
  • Mar 18, 2014 10:33pm Mar 18, 2014 10:33pm
Quoting kumaramy
{quote} Yes. Mr. Pip's method is also good. I am still doing experiments. Yesterday I noticed that If I observe strength and weakness at unique levels then RTM + Mr. Pip can be high probable profitability trades. I observed the same thing that strength and weakness are very important parts as supply and demand. I am focusing on S/D. Strength and weakness. FTR FL etc. And what I have ignored is fibs and ratios.
Kuma ok, we stay in touch and share our experiences, so let's stay with the best.
Never sleep? should be like four o'clock not there?
Greetings and thanks. I am experimenting with Bulls and Beras indi
  • #8,368
  • Mar 18, 2014 10:43pm Mar 18, 2014 10:43pm
Quoting pampaq
{quote} Kuma ok, we stay in touch and share our experiences, so let's stay with the best. Never sleep? should be like four o'clock not there? Greetings and thanks. I am experimenting with Bulls and Beras indi
Morning 9 am here.
-milkeyway
  • #8,369
  • Mar 18, 2014 10:55pm Mar 18, 2014 10:55pm
Quoting kumaramy
{quote} Yes. Mr. Pip's method is also good. I am still doing experiments. Yesterday I noticed that If I observe strength and weakness at unique levels then RTM + Mr. Pip can be high probable profitability trades. I observed the same thing that strength and weakness are very important parts as supply and demand. I am focusing on S/D. Strength and weakness. FTR FL etc. And what I have ignored is fibs and ratios.
This is how I am combining Mr. Pip's order flow, strength and weakness and RTM's concepts.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm30.png Size: 50 KB
-milkeyway
  • #8,370
  • Mar 18, 2014 11:08pm Mar 18, 2014 11:08pm
Guys do you see 1.64 on gbpusd?
  • #8,371
  • Mar 18, 2014 11:13pm Mar 18, 2014 11:13pm
Quoting pampaq
{quote} Kuma ok, we stay in touch and share our experiences, so let's stay with the best. Never sleep? should be like four o'clock not there? Greetings and thanks. I am experimenting with Bulls and Beras indi
Decreasing momentum to the upside and it's relation to the supply and demand.
Attached Image (click to enlarge)
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-milkeyway
  • #8,372
  • Mar 19, 2014 1:51am Mar 19, 2014 1:51am
Quoting kumaramy
{quote} This is how I am combining Mr. Pip's order flow, strength and weakness and RTM's concepts. {image}
Closed short @ +8 pips and entered long...SL at BE..lolzz.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm15.png Size: 37 KB
-milkeyway
  • #8,373
  • Mar 19, 2014 2:22am Mar 19, 2014 2:22am
Quoting kumaramy
{quote} Closed short @ +8 pips and entered long...SL at BE..lolzz. {image}
Out of BE
-milkeyway
  • #8,374
  • Mar 19, 2014 3:03am Mar 19, 2014 3:03am
Quoting kumaramy
{quote} This is how I am combining Mr. Pip's order flow, strength and weakness and RTM's concepts. ....
Hello kumaramy,

I've been on RTM in the past. Although I understand the principles (at least I think so) I never could make them work for me. Ifmyante is a very good trader. I know of another one who was formerly with him who (demo-) doubles an account in a matter of "no time" at "his wish" being it longer or shorter timeframes. His trading and forum members trading is als S&D grounded. I visited his website (merely a spit off of RTM!), studied, and again could not make it work for me. There were others who did very well in consistenly (with good MM etc.) double their accounts. I often wondered whether there was more to it then could be described to make someone an excellent trader.

Now I like the idea to combine S&D en Mr. Pip trading principles. I hope this thread comes alive again because last day(s) I thought it was going to die.
Now I have some questions:

  1. Are you still trading the patterns?
  2. Could you point out where Mr. Pip described strength and weaknesses. I am on page 91 of this thread an can not recall he used these terms.

I hope to learn form you (guys) as Mr. Pip seems not to be around anymore.

Thanks a lot.

Posting Demo charts, mirroring some of them live.
  • #8,375
  • Mar 19, 2014 3:07am Mar 19, 2014 3:07am
Quoting pampaq
{quote} GBP/USD {image}
Hi pampaq,

Does this "weak" refer to the last up move not reaching the former highs?
Do the "strengths" refer to the up and down moves which reached their respective zones?

Could you explain please, thanks!
Posting Demo charts, mirroring some of them live.
  • #8,376
  • Mar 19, 2014 3:13am Mar 19, 2014 3:13am
Quoting forexpiet
{quote} Hello kumaramy, I've been on RTM in the past. Although I understand the principles (at least I think so) I never could make them work for me. Ifmyante is a very good trader. I know of another one who was formerly with him who (demo-) doubles an account in a matter of "no time" at "his wish" being it longer or shorter timeframes. His trading and forum members trading is als S&D grounded. I visited his website (merely a spit off of RTM!), studied, and again could not make it work for me. There were others who did very well in consistenly (with...
I don't trade patterns, fibs and ratios now. I trade this http://www.forexfactory.com/showthread.php?p=7349266#post7349266
-milkeyway
  • #8,377
  • Mar 19, 2014 3:16am Mar 19, 2014 3:16am
Quoting forexpiet
{quote} Hello kumaramy, I've been on RTM in the past. Although I understand the principles (at least I think so) I never could make them work for me. Ifmyante is a very good trader. I know of another one who was formerly with him who (demo-) doubles an account in a matter of "no time" at "his wish" being it longer or shorter timeframes. His trading and forum members trading is als S&D grounded. I visited his website (merely a spit off of RTM!), studied, and again could not make it work for me. There were others who did very well in consistenly (with...
Hello Forexpiet, Strength/weaknesses / momentum etc,,, all from around page 294 onward. i hope this helps
  • #8,378
  • Mar 19, 2014 10:34am Mar 19, 2014 10:34am
Good morning,

does anybody have any strategies on using harmonics with breakouts or trending scenarios. Mostly I just have strategies in consolidation periods or finding areas of opportunities during trending for reversals/turnarounds.

Any suggestions and stats would be helpful. Thanks
  • #8,379
  • Mar 19, 2014 11:22am Mar 19, 2014 11:22am
Quoting Georji
{quote} Hello Forexpiet, Strength/weaknesses / momentum etc,,, all from around page 294 onward. i hope this helps
Thanks for pointing me to this page Georji
Posting Demo charts, mirroring some of them live.
  • #8,380
  • Mar 19, 2014 11:23am Mar 19, 2014 11:23am
Nice trade on the GBPUSD, Pampaq
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