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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

  • #8,681
  • Apr 24, 2014 8:04am Apr 24, 2014 8:04am
Quoting kumaramy
{quote} Closed all trades with +64 pips total..now entered GC short...don't know it will work or not. {image}
Didn't work short..Old long was correct.
-milkeyway
  • #8,682
  • Apr 24, 2014 8:06am Apr 24, 2014 8:06am
Quoting FineForex
first trade for the day {image}
have a gart here im a lil worried about PA acceleration down so far price reacted to zone waiting for better price entry

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edit: think I missed this one
  • #8,683
  • Edited 9:46am Apr 24, 2014 8:32am | Edited 9:46am
Quoting FineForex
{quote} have a gart here im a lil worried about PA acceleration down so far price reacted to zone waiting for better price entry {image} edit: think I missed this one
short @ 80
edit: -10
  • #8,684
  • Apr 24, 2014 9:20am Apr 24, 2014 9:20am
Hello Traders, Hope all is goo seen some good trades and well if you have been against the current a bit just keep at it . I just took this short double top with good longer term resistance area. If this plays out great risk reward.
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If you fail to plan, you plan to fail.
  • #8,685
  • Apr 24, 2014 10:10am Apr 24, 2014 10:10am
Looks like it's trying to go. I'll keep you guys updated on the progress up 5 at present. It's a high risk trade but RR is great so it's worth taking.
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If you fail to plan, you plan to fail.
  • #8,686
  • Apr 24, 2014 10:41am Apr 24, 2014 10:41am
EURAUD stopped out...GJ long.
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-milkeyway
  • #8,687
  • Apr 24, 2014 11:25am Apr 24, 2014 11:25am
GBPAUD going against me pretty bad testing structure lets see if it holds so far it is trying.
If you fail to plan, you plan to fail.
  • #8,688
  • Apr 24, 2014 1:09pm Apr 24, 2014 1:09pm
Structure is still trying to hold here there is also the round number which is helping out. Price has made a NSH and I am against order flow so I have to be careful and patient with this trade. It may be a while But we will see how this plays out It's a battle between structure and order flow .
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If you fail to plan, you plan to fail.
  • #8,689
  • Apr 24, 2014 1:09pm Apr 24, 2014 1:09pm
Hi Mr. Pip.


I'm newbie and starting to put in practice your wonderful thead. I can see a potencial bat patter in EU. Is it correct my pattern?

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Thanks.
  • #8,690
  • Apr 24, 2014 9:32pm Apr 24, 2014 9:32pm
HI Mr. pip,

I see a nice confluence of 38% fib of the down move and also the area aligns with 127-138 fib of the previous upswing Also there is structure around that area. I hope these are the confluence that led you to take a short against order flow + the Risk reward as you mentioned.
I am also tempted to short after the 4 hour close but a bit sckeptical as there was no close below the 38 fib in 4 hr which indicates bullish strength

A question, Wil you be looking to take profit around 1.8011-1.8025 area? I am asking this because there is a structure around that area and also 61% fib in 4 hr aligns with 1.8017. I would like to know if you will give enough weight to that structure + fib confluence.

Quoting Mr. Pip
Structure is still trying to hold here there is also the round number which is helping out. Price has made a NSH and I am against order flow so I have to be careful and patient with this trade. It may be a while But we will see how this plays out It's a battle between structure and order flow . {image}
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GBPAUD.JPG Size: 189 KB
Enter Signature
  • #8,691
  • Apr 24, 2014 11:23pm Apr 24, 2014 11:23pm
Quoting Mr. Pip
GBPAUD going against me pretty bad testing structure lets see if it holds so far it is trying.
There was a flag limit which did not get engulfed. So, no confirmation to sell at the top.
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-milkeyway
  • #8,692
  • Apr 25, 2014 6:24am Apr 25, 2014 6:24am
Shorted GU and GA.

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-milkeyway
  • #8,693
  • Edited 10:23am Apr 25, 2014 9:00am | Edited 10:23am
Looking at a 1 to 1 completion on the AUDJPY. PA looking weak. alot of struggle to complete. Against long term Order flow tho. I'll be playing this one conservative. Has some unused demand to help. Also looks to complete a loose gartley B & C point only touch but i'll be playing it "as if".

http://icmarkets.ctrader.com/images/screens/q8tnn.png

Update: Price refusing to complete. As of yet, didn't enguage. To bad. AUD strengthened big time. Oh, well next. It seems to be the theme of the week. PA just out of my kill zone.
Update 2: Now AUD looking weak. HAHA! no bar by bar confirmation. Blew passed Kill Zone. Readjusted 1 to 1 to include previous Low. PA barely made a NSL and strong bearish PA indicates that my structure will fail and price intends to move lower . A weak pullback will confirm my expectations. Engauged on PA indicated it wants a pull back (Rejection pin bar then Engulfing). Playing this one super close.

http://icmarkets.ctrader.com/images/screens/dktnn.png
  • #8,694
  • Apr 25, 2014 10:21am Apr 25, 2014 10:21am
Strong RM, weakness and ratios in bullish zone YL.
Short to that TP YL.
We'll see. regards
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  • #8,695
  • Apr 25, 2014 11:12am Apr 25, 2014 11:12am
Quoting pampaq
Strong RM, weakness and ratios in bullish zone YL. Short to that TP YL. We'll see. regards {image}
RN departing by the 1300. Were 15 pips less spread. support three touches this leave me with suspicion. best leave in doubt
regards
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  • #8,696
  • Apr 25, 2014 11:17am Apr 25, 2014 11:17am
Quoting pampaq
{quote} RN departing by the 1300. Were 15 pips less spread. support three touches this leave me with suspicion. best leave in doubt regards {image}
Ye of little faith, came to TP set. which we showed that the ratios and ONE TO ONE.
Well always learn greetings
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  • #8,697
  • Apr 25, 2014 11:25am Apr 25, 2014 11:25am
thanks to you mr. pips, i got many many lesson for yours all videos n support in this thread
  • #8,698
  • Apr 25, 2014 11:30am Apr 25, 2014 11:30am
maybe premature but exited for +12 pips.
  • #8,699
  • Apr 25, 2014 11:32am Apr 25, 2014 11:32am
Hey guys! What do you think about this Bat on the AUDCAD:
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  • #8,700
  • Apr 25, 2014 12:27pm Apr 25, 2014 12:27pm
Quoting Psyren
Hey guys! What do you think about this Bat on the AUDCAD: {image}
Lets start with what you think about it. Whats your case for entry and your expectations?
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