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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

  • #9,601
  • Jul 15, 2014 1:25pm Jul 15, 2014 1:25pm
Quoting LuisPrinc
Hi Mr. Pip ! Here I traded yesterday with a long position on eur cad and it took me out as it was a losing trade. What did I do wrong here ? Bullish orderflow with a breakdown of bears into ABCD completion. I thought it was again a classic example. Thanks ! {image}
I believe you are letting the short term order flow confuse you. maybe I missed it but where was your entry and why did you decide to enter where you did? I need more information so I have help you.
If you fail to plan, you plan to fail.
  • #9,602
  • Jul 15, 2014 1:38pm Jul 15, 2014 1:38pm
Quoting Mr. Pip
{quote} I believe you are letting the short term order flow confuse you. maybe I missed it but where was your entry and why did you decide to enter where you did? I need more information so I have help you.
Hi Damien my friend.

Looking at your reply where do short term order flow and longer term order flow interfere ?

Would be nice if you could make a video when you have the time

Regards,

Hans.
"The future is already written in the past"
  • #9,603
  • Jul 15, 2014 4:07pm Jul 15, 2014 4:07pm
Quoting Mack2013
{quote} Hello DizzleFX, The USDCAD has been in a downward trend for the last month but spiked above 1.07 which could be a barrier. The recent strength from the bulls would have me cautious. 1.0725-0727 seems to be of some signifigance which was made back in December. I hope it works out tho. Good luck.
i did get stopped out on that trade. My expectation was that price was going to go higher based on the momentum, but after a correction to an area of support. I thought my entry was solid.
Damn The Torpedoes, Full Speed Ahead!
  • #9,604
  • Jul 15, 2014 4:55pm Jul 15, 2014 4:55pm
Quoting Mr. Pip
{quote} I believe you are letting the short term order flow confuse you. maybe I missed it but where was your entry and why did you decide to enter where you did? I need more information so I have help you.

Yes, and sorry I didn`t showed the entry. I hope now it is more clear. How it is now ?
Thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: Chart EUR_CAD 233Tick [CFD-FX-4847] Snapshot.jpg Size: 169 KB
  • #9,605
  • Jul 15, 2014 7:20pm Jul 15, 2014 7:20pm
Quoting pampaq
{quote} Awaiting a complete pullback, then see strength and weakness of the swing D, if it speeds up and is strong probability of downward breach, if it is weak, bullish reversal probability, to 38 and 61%. It is a way to analyze and have an expectation. Greetings. {image}
Much mmtum bearish, however, we have a complete pullback, and lack of strength in D, for which we long, with a small position. TP 38%. and then checking to see if 68%.
I quickly will go BE.
Regards
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  • #9,606
  • Edited 7:58pm Jul 15, 2014 7:38pm | Edited 7:58pm
Quoting b3g1nn3er
Hi all. I have a question... Is this a real Butterfly or a beginner's luck? Bother me very large range of AB retracement for C point - from .38 to .886 {image}
Dear trader: I placed an analysis of the same trade, usually what Mr Pip teaches us, is to seek convergence of ratios in zone decisions, and observe the order flow.
Beyond, the figures, look, confluences, what he, called, make a case.
In this trade, we can see that there has been a ONE TO ONE, and many times after that, we have a throwback to 38%, then it is likely, according to strength and weakness, go to 61%.
Up here is where I answer your question, greetings and welcome to the school.
regards
Attached Image (click to enlarge)
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  • #9,607
  • Jul 15, 2014 7:40pm Jul 15, 2014 7:40pm
Quoting LuisPrinc
{quote} Yes, and sorry I didn`t showed the entry. I hope now it is more clear. How it is now ? Thanks. {image}
I will provide a chart example tomorrow but look at the projection increase to the down side. I will also cover this in the live training we will have soon. More information will be forth coming on this.
If you fail to plan, you plan to fail.
  • #9,608
  • Jul 15, 2014 8:01pm Jul 15, 2014 8:01pm
Quoting Mr. Pip
{quote} I will provide a chart example tomorrow but look at the projection increase to the down side. I will also cover this in the live training we will have soon. More information will be forth coming on this.
Awaiting the time, anxiously, thanks and greetings
  • #9,609
  • Jul 15, 2014 10:47pm Jul 15, 2014 10:47pm
Quoting pampaq
{quote} Dear trader: I placed an analysis of the same trade, usually what Mr Pip teaches us, is to seek convergence of ratios in zone decisions, and observe the order flow. Beyond, the figures, look, confluences, what he, called, make a case. In this trade, we can see that there has been a ONE TO ONE, and many times after that, we have a throwback to 38%, then it is likely, according to strength and weakness, go to 61%. Up here is where I answer your question, greetings and welcome to the school. regards {image}
Many thanks, pampaq for your answer!
But, i'm not sure I understand this order flow yet.I watched the video of Mr.Pip but I'd like to read more about Order Flow, because my bad English.
Your best teacher is your last mistake ...
  • #9,610
  • Edited 6:02pm Jul 16, 2014 12:50am | Edited 6:02pm
AUDJPY M5

Perspective :-

  1. A decent ABCD pattern and also currently at the exhaustion point of the pattern.
  2. Structure on the left has been slightly surpassed with a NSL but not with a great momentum.
  3. According to M15 price is just back from golden ratio of the main swing and is at it's CD leg of an ABCD.

Conclusion :-

We wait for a bit of move above the demand zone. A move above 94.962 should be valid enough to take a long(logic :- a NSH in the M1). Play it tight as the price is in a downturn as far as M15 is concerned. Take whatever we get and desert the place.


Levels :-

  1. A= 95.489, B= 95.055, C= 95.345, D = 94.914,
  2. Entered at 94.984,
  3. SL is placed at 161.8% of AB = 94.789,
  4. Profit side of 38.2%(AD) = 95.126, 61.8%(AD) = 95.265, RR = 0.195/0.281(approx)


Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 20 KB


Updates :- (sorry for the wall of text)

  1. HH made above 94.962 in M1 and buy triggered.
  2. NSL at 94.904.
  3. Price moves up from NSL, higher, runs into structure(around 95.045) but with good momentum. Moves past structure and halts. (HH at 10:20, 95.104)
  4. We expect a shallow retracement to zone between 38.2 to 50(for Wave NSL to recent HH given above) and then move up from there back towards the 38.2% of AD.
  5. Price reaches 38.2 of the halt point HH. Reaches 50 of the HH to the NSL. Reaches 61.8% as well but with price rejection on lower side. (If price doesn't move up from here, the call is done for.)
  6. Okay, some display of strength, pulling back up. Possible ABCD aggressive C buy. My view could be thwarted anytime by the way.
  7. Price running into the structure of previous High and is displaying little to no strength for the upside. The angle is flat, no momentum. I Wait.
  8. Price hits TP1 of 38.2%. Stop-loss adjusted to BE. Price stuck at structure to the left, demand turning into supply zone. Once again We expect a shallow retracement to the 38.2 to 50 of the previous wave (previous HL and current HH).
  9. Price hits 38.2 of the previous wave (second wave from NSL), expecting a move back up, after this or a move below to 50 or 61.8 of the previous wave.
  10. Price pulled up as expected with good display of strength, coming up with a steep angle. Next concern is the completion point for the ABCD from below with the exhaustion zone for it as well. I am gonna watch for it, but not sure if it will give any resistance to price as there are no visible structure. I am still gonna be watchful for this.
  11. ABCD valid as price displayed huge rejection to the topside while completing the ABCD. So, sadly(or patiently), I think we have to wait for this ABCD to properly play out with a move till 38.2 to 61.8(our BE), (or) price would probably flake the ABCD by respecting the structure immediately below but showing shallow retracement into the structure and continuing the move to the upside. Let us see. MY SL IS AT BE no matter what.
  12. HH but still in the error zone for completion point for the ABCD below, with massive price rejections. Price has hit 50% of AD.
  13. Price made a move above all the mess near the round number 95.200 and low momentum price rejections, be it up or down. It is now approaching yet another area of supply.
  14. Price reacts to structure and tanks below it. SL modified to 95.120 as we are too close to the Final golden ratio TP of 95.265.
  15. Now we expect the price to move to 38.2 to 50% of the previous wave, possible make a turn back to the upside above the structure that it came from, right below.
  16. Final TP of 95.260, the 61.8% level of AD is achieved. Call closed.
    Attached Image (click to enlarge)
    Click to Enlarge Name: Screenshot2.png Size: 26 KB

Closing :-

  1. Call Entry made at 94.984
  2. Call Closed at 95.259
  3. Difference of 0.275 (against an expected difference of 0.281).


THANKS TO MR.PIP FOR SHARING HIS WAYS AND EVERYTHING. EVERY CALL THAT HITS THE TARGET, CREDIT GOES TO HIM AND HIM ONLY.

I follow only one person and his strategies...
  • #9,611
  • Jul 16, 2014 4:23am Jul 16, 2014 4:23am
Quoting Mr. Pip
{quote} I will provide a chart example tomorrow but look at the projection increase to the down side. I will also cover this in the live training we will have soon. More information will be forth coming on this.
Ok. ... projection of what swing and compared to what swing you mean.
Very happy for the live training
  • #9,612
  • Jul 16, 2014 4:38am Jul 16, 2014 4:38am
Just something that I am keeping an eye on. USDJPY H4 has the CD leg from both long term and short term order flow completing right around the same area. PRZ is based on CD legs and the 127 and 138 fib. Price has had a real hard time breaking below the PRZ for the last several weeks. I would like to see price hit the 61.8 on the short term order flow before I consider going short.
Attached Image (click to enlarge)
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Damn The Torpedoes, Full Speed Ahead!
  • #9,613
  • Jul 16, 2014 4:56am Jul 16, 2014 4:56am
Quoting Mack2013
{quote} Thank you, Mr.Pip. Thanks for the words of encouragement. Still got some ways to go but with alot of hard work, time, and alittle bit of luck, I'm looking to go Pro. Not there but, not even close but with your help, its possible. GBPUSD Well, Price spiked through the 1.7100 handle, while I was sleeping, back into last weeks ranging territory. I hope someone, for what ever reason, caught that ride. Price is currently looking to test 1.71800 highs. Right now I dont really see any quality set ups. I'm looking for some bearish evidence at the...
hi Mack, I think you are right about the pull back and then higher. however maybe a she will go higher than expected. order flow seems up.

the oddest thing happened. maybe Mr. Pip could explain. my last chart I posted 30min I had spike that achieved targets down. this happened in the last minute of trading on Friday (past). I noticed on some platforms the spike was not present. this bush wacked me, lost confidence in what I saw. still trying to comprehend why some platforms have the spike and other do not.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: the spike.jpg Size: 82 KB
choose a job you love and you will never have to work a day in your life
  • #9,614
  • Jul 16, 2014 6:22am Jul 16, 2014 6:22am
Quoting pampaq
{quote} Much mmtum bearish, however, we have a complete pullback, and lack of strength in D, for which we long, with a small position. TP 38%. and then checking to see if 68%. I quickly will go BE. Regards {image}
Leaving in 1298.57, third failed attempt to break up the DPV. Are + 31pips.
regards
  • #9,615
  • Jul 16, 2014 7:57am Jul 16, 2014 7:57am
Quoting pampaq
{quote} Leaving in 1298.57, third failed attempt to break up the DPV. Are + 31pips. regards
Cha-Ching!!! Nice work
  • #9,616
  • Edited 12:49pm Jul 16, 2014 8:09am | Edited 12:49pm
Quoting b3g1nn3er
{quote} Many thanks, pampaq for your answer! But, i'm not sure I understand this order flow yet.I watched the video of Mr.Pip but I'd like to read more about Order Flow, because my bad English.
Here is a way of analyzing the order flow to this, you should add, the market structure for my include important points where decisions are made, YL YH DPV, and pivots, is a way of appreciating areas demand and supply zones.
In the example, the slope control, gives us an idea of the strength and weakness of each swing, you can also control, deep and projection.
Watch the videos several times, and then with a fine small batch enters the market, applying what they learned step by step, and thus to study, concentration and pain, as you'll see improvements every day.
Another xample, this using fibos, is the EUR USD, you just touch the PRZ, now, we must control strength and weakness, because it has met the ONE TO ONE.
your orders, Greetings
Attached Image(s) (click to enlarge)
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  • #9,617
  • Jul 16, 2014 8:48am Jul 16, 2014 8:48am
so the sellers in this zone seem pretty sure about taking price down so im looking for a place to be short.

Attached Image (click to enlarge)
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zooming in i see a potential reversal to the upside here - i wouldnt be inclined to take this one long, but if i does go up ill be looking for a short in the purple circle
which would mark a LH in a structure area coinciding with the 61.8 of the swing.

Attached Image (click to enlarge)
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there is some price breakdown here above the .8300 RN and some unwillingness to drive price down
  • #9,618
  • Jul 16, 2014 9:17am Jul 16, 2014 9:17am
A bearish gartley has formed in usd/chf 4hrs.
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_USD_CHF_4 Hours_snapshot.png Size: 28 KB
s
  • #9,619
  • Jul 16, 2014 9:21am Jul 16, 2014 9:21am
This is my trade today... C AGGRESIVE with ABCD with AB-CD confluence on gbp yen 233 tick.
still learning and so. comments welcome !!!
Attached Image (click to enlarge)
Click to Enlarge Name: Chart GBP_JPY 233Tick [CFD-FX-4847] Snapshot.jpg Size: 174 KB
  • #9,620
  • Jul 16, 2014 9:26am Jul 16, 2014 9:26am
Quoting pampaq
{quote} Here is a way of analyzing the order flow to this, you should add, the market structure for my include important points where decisions are made, YL YH DPV, and pivots, is a way of appreciating areas demand and supply zones. In the example, the slope control, gives us an idea of the strength and weakness of each swing, you can also control, deep and projection. Watch the videos several times, and then with a fine small batch enters the market, applying what they learned step by step, and thus to study, concentration...
Thank you again, Mr.pampaq
I noticed that you said videos, but you do not say video.
Are there any more videos for order flow?
I have not read the entire thread and I've seen only one video for order flow analysis...
Greetings!
Your best teacher is your last mistake ...
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