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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

  • #9,361
  • Jul 3, 2014 6:38am Jul 3, 2014 6:38am
AUDJPY M30

AB=CD (with a turn around at 38.2 for the C point)
Confluence at 78.6 of the main swing, with 161 of the AB and some structure
is it good/correct?

Attached Image (click to enlarge)
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I follow only one person and his strategies...
  • #9,362
  • Jul 3, 2014 6:44am Jul 3, 2014 6:44am
long term is bullish.
short term is bearish.
the price is arriving at 78.6 fibo and has not closed below.
the price is at the confluence with the TL of the bullish channel.
The price in the demand zone.

buy in C.
Target 1: B
Target 2: D


http://i1243.photobucket.com/albums/...psd415d764.jpg
http://i1243.photobucket.com/albums/...pse55010d0.jpg
  • #9,363
  • Jul 3, 2014 9:10am Jul 3, 2014 9:10am
okay, am a bit confused with the USDCAD M15

cypher or Gartley or not both???

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( or )

Attached Image (click to enlarge)
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I follow only one person and his strategies...
  • #9,364
  • Jul 3, 2014 9:19am Jul 3, 2014 9:19am
is Not a Gartley because not respect the rules of Mr.Pip
in my chart only ABCD
http://i1243.photobucket.com/albums/...pse5d99f02.jpg
  • #9,365
  • Jul 3, 2014 9:25am Jul 3, 2014 9:25am
both is valid but the 78.2 retracement of the cypher should be the retracement of the X-C leg not the X-A like you drew
  • #9,366
  • Jul 3, 2014 9:41am Jul 3, 2014 9:41am
Quoting moretti12
both is valid but the 78.2 retracement of the cypher should be the retracement of the X-C leg not the X-A like you drew
Okay, corrected.
okay, I should really really pay good attention to detail and be precise. Thanks.

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  • #9,367
  • Jul 3, 2014 9:43am Jul 3, 2014 9:43am
Quoting GiovanniV
is Not a Gartley because not respect the rules of Mr.Pip in my chart only ABCD {image}
Okay, I was expecting an abcd as well if not for the other patterns. (sorta had that in the Gartley chart previously posted)
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  • #9,368
  • Jul 3, 2014 9:50am Jul 3, 2014 9:50am
Quoting GiovanniV
is Not a Gartley because not respect the rules of Mr.Pip in my chart only ABCD {image}
i like the structure at D completion. There is a ton of confluence at that level. The only thing thats not working out is Price action for now. Lets see if price turns to complete

http://icmarkets.ctrader.com/images/screens/rQnwn.png
  • #9,369
  • Edited 10:18am Jul 3, 2014 10:01am | Edited 10:18am
AUDUSD M1

1 minute TF, is this going to turn out to be a bat, unless it doesn't stop at the current level of 61.8(then an ABCD?) and assuming it goes beyond to the 88.6. (161 confluence)

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  • #9,370
  • Jul 3, 2014 10:18am Jul 3, 2014 10:18am
Hello Traders,

I like what I'm seeing in terms of order flow and incorporating that in your process. There have been a lot of questions about whether certain patterns are pattern and are asking for me or others to help you verify them. I have said this before and I will say this again, you should not be trading setups that you do not understand. This is not about the patterns.

I will not verify patterns for you. The rules and guides I have given you are clear enough. You need to focus on the reading the chart correctly and learn the patterns intimately before you attempt to trade anything even on demo. Not doing this leads down a dark road and the formation of very bad habits. Don't worry about my trades and my entrances they will not help you as much as you thing. Post your trades, the good, bad and ugly and we will go through them break them down if need be discuss them if need be and help you identify what you did well and what could be done better. This will help you grow faster. I promise you that no one will judge you or disrespect you. I don't care at what level you are. This is my house and everyone is welcome to post and learn. But please don't ask me to do your homework for you.

There are not shortcuts on the road less traveled.

I will be out of town with the family for the 4th of July will be back on Monday but will catch up then and answer questions. Have a safe holiday or weekend for those outside of the US.
If you fail to plan, you plan to fail.
  • #9,371
  • Jul 3, 2014 10:35am Jul 3, 2014 10:35am
Quoting Mr. Pip
Hello Traders, I like what I'm seeing in terms of order flow and incorporating that in your process. There have been a lot of questions about whether certain patterns are pattern and are asking for me or others to help you verify them. I have said this before and I will say this again, you should not be trading setups that you d.....
Mr. Pip, I starting posting from a short while ago. Half on patterns and half on ABCD. I am just slowly gaining confidence on posting in here. I am looking at order flow and structures on the top and bottom and also confluence. I am re-watching your video "Trade Session 1-14", and am trying to get to the point where I would be comfortable at the most. I know I have a long way to go to get to the way you break things down in the "Trade Session 1-14" video, but am working on it.
I follow only one person and his strategies...
  • #9,372
  • Jul 3, 2014 12:17pm Jul 3, 2014 12:17pm
chota bheem laddu kha ke trading karta hai?
  • #9,373
  • Jul 3, 2014 12:24pm Jul 3, 2014 12:24pm
he he, laddu,, lol... na,,, mostly red Bull...
I follow only one person and his strategies...
  • #9,374
  • Jul 4, 2014 3:55am Jul 4, 2014 3:55am
EA H1 long, impluse leg followed by retracement to 38.2 with completed smaller AB=CD into C zone, and structure looking left , so bought on the almost double bottom
Attached Image (click to enlarge)
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I Have Learned to Take Some Losses to Make Profits
  • #9,375
  • Jul 4, 2014 6:51am Jul 4, 2014 6:51am
EXERCISE STRUCTURE AND ORDER FLOW
Long term
http://i1243.photobucket.com/albums/...ps480b10af.jpg

short term
http://i1243.photobucket.com/albums/...ps4efd2c7c.jpg
  • #9,376
  • Edited 7:53am Jul 4, 2014 7:12am | Edited 7:53am
Quoting GiovanniV
EXERCISE STRUCTURE AND ORDER FLOW Long term {image} short term {image}
Good morning GiovanniV, I like how your looking at the charts. Very clear.

On the GBPUSD: It looks like the Bulls are gaining strength but the Bears are maintanning the strength. Price is currently consolidating between 1.71375 - 1.71475 on the strength from the Bears.
I'm expecting a higher high to be made but the Upswing is only temporary. Bulls will fade and bears will maintain strength and regain control. This is what I'm expecting....

What do you think? Any expectations

On second thought.. the 1.71475 structure looks strong in the short term. If price makes it above it, it might have a hard time getting back below...

http://icmarkets.ctrader.com/images/screens/9Lnwn.png
  • #9,377
  • Jul 4, 2014 7:43am Jul 4, 2014 7:43am
Quoting headfake
{quote} awesome v nice work
Thanks, and is very good to see you again here. Greetings.
  • #9,378
  • Jul 4, 2014 7:59am Jul 4, 2014 7:59am
Hi Kevin,
considering the level flip these are the scenario that I expect
BUT bearish
http://i1243.photobucket.com/albums/...psd261eecf.jpg

gartley bearish
http://i1243.photobucket.com/albums/...psbb7649b6.jpg

gartley bullish
http://i1243.photobucket.com/albums/...ps532ba826.jpg

Look for higher time frame

http://i1243.photobucket.com/albums/...psa1de5537.jpg
  • #9,379
  • Jul 4, 2014 8:00am Jul 4, 2014 8:00am
Quoting Mr. Pip
Hello Traders, I like what I'm seeing in terms of order flow and incorporating that in your process. There have been a lot of questions about whether certain patterns are pattern and are asking for me or others to help you verify them. I have said this before and I will say this again, you should not be trading setups that you do not understand. This is not about the patterns. I will not verify patterns for you. The rules and guides I have given you are clear enough. You need to focus on the reading the chart correctly and learn the patterns intimately...
Happy independence day of their homeland, greetings and respect.
See you Mondayif God wills.
  • #9,380
  • Jul 4, 2014 8:06am Jul 4, 2014 8:06am
233tick zoom put
http://i1243.photobucket.com/albums/...ps796362f2.jpg
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