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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

  • #9,761
  • Jul 22, 2014 8:35am Jul 22, 2014 8:35am
Quoting Mr. Pip
Here is an update on the trade. {image}
Beautiful confluence, thanks, I'm looking at the spread, to see if I enter, greetings.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZDM15prz.png Size: 46 KB
  • #9,762
  • Jul 22, 2014 8:36am Jul 22, 2014 8:36am
Quoting Mr. Pip
{quote} lol but is still bipolar!
strong bears but HL off the 55-50 area isn't inconsistent
  • #9,763
  • Jul 22, 2014 8:36am Jul 22, 2014 8:36am
Quoting GiovanniV
usdjpy possible BAT or ABCD {image}
up
Attached Image (click to enlarge)
Click to Enlarge Name: yen.jpg Size: 121 KB
  • #9,764
  • Jul 22, 2014 8:46am Jul 22, 2014 8:46am
BE plus 5 up 38 pips good momentum but will be approaching some resistance soon
If you fail to plan, you plan to fail.
  • #9,765
  • Jul 22, 2014 8:48am Jul 22, 2014 8:48am
Here is the PL on the trade.
Attached Image (click to enlarge)
Click to Enlarge Name: $GBPNZD (233 Tick) 7_22_2014 4.jpg Size: 140 KB
If you fail to plan, you plan to fail.
  • #9,766
  • Jul 22, 2014 8:50am Jul 22, 2014 8:50am
I locked in 20 pips of profit in case resistance holds no sense giving it all back
If you fail to plan, you plan to fail.
  • #9,767
  • Jul 22, 2014 8:54am Jul 22, 2014 8:54am
Quoting FineForex
{quote} strong bears but HL off the 55-50 area isn't inconsistent
I need to see a close above 9700 to feel good about this up 44 pips at the moment.
If you fail to plan, you plan to fail.
  • #9,768
  • Jul 22, 2014 8:57am Jul 22, 2014 8:57am
Here is a chart update +50
Attached Image (click to enlarge)
Click to Enlarge Name: $GBPNZD (233 Tick) 7_22_2014 5.jpg Size: 140 KB
If you fail to plan, you plan to fail.
  • #9,769
  • Jul 22, 2014 8:57am Jul 22, 2014 8:57am
I'm posting so many updates because I want you to see active trade management.
If you fail to plan, you plan to fail.
  • #9,770
  • Jul 22, 2014 9:00am Jul 22, 2014 9:00am
Quoting Mr. Pip
I'm posting so many updates because I want you to see active trade management.
  • #9,771
  • Jul 22, 2014 9:01am Jul 22, 2014 9:01am
Unfortunately this pair requires more breathing room so sometimes you end up giving back more then you want to. Its the nature of this beast.
If you fail to plan, you plan to fail.
  • #9,772
  • Jul 22, 2014 9:01am Jul 22, 2014 9:01am
Quoting Mr. Pip
I'm posting so many updates because I want you to see active trade management.
Really awesome. Live commentary/updates teach us your point of view much more clearly. (Learned a lot from you GBPUSD youtube video, (https://www.youtube.com/watch?v=siZvTjlGyIM)which followed a similar style).

Thanks a lot again Mr.Pip.
I follow only one person and his strategies...
  • #9,773
  • Jul 22, 2014 9:04am Jul 22, 2014 9:04am
I'm expecting my green support line to hold my stop is still at +20 let's see what happens.
Attached Image (click to enlarge)
Click to Enlarge Name: $GBPNZD (233 Tick) 7_22_2014 6.jpg Size: 148 KB
If you fail to plan, you plan to fail.
  • #9,774
  • Jul 22, 2014 9:06am Jul 22, 2014 9:06am
Quoting TheScorpS
{quote} What happened to you trade, did you get stopped out? sometime you chart isn't easy to read, can you be as clear as others if possible, I hope you don't mind me asking, I really am lost wheres you PRZ zone I was ready to go long on H1 but NEWS was due so I passed on that Thanks for continuous support
I put the chart, 22 hours ago, there define an PRZ, in my way of trade, this PRZ includes, first the expectation of a ONETOONE, or what is the same 100%, then retreat over 100% from BC, then extension of AB, and the XA fibo.
So the best confluence of these fibos, I hope the PRZ.
In turn, the structure of work, where it is extremely important the opening price, low yesterday and yesterday's high, and Pivot points.
I look left, the price action and the DZ and SZ.
In each of the defined structure, control, strength and weakness, as is what I taught by Mr Pip, in my case I mostly use the slope of the price.
And as expected, each time facing a zone structure, I expect a full pullback a abcd, where I analyze the strength and weakness, if the price is accelerated in that area, likely to break, if not return to the previous area..
We are in contact, any question, we come very well, it is an opportunity to put my ideas more clearly.
regards
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDH1anali.png Size: 41 KB
  • #9,775
  • Jul 22, 2014 9:10am Jul 22, 2014 9:10am
Bears appear to be very weak on the attempt to correct but the bulls are showing signs of weakening as well.
If you fail to plan, you plan to fail.
  • #9,776
  • Jul 22, 2014 9:12am Jul 22, 2014 9:12am
We must always incorporate our skill set in the management of our trade as well. It is not enough to just have an expectation and a profit target.
If you fail to plan, you plan to fail.
  • #9,777
  • Jul 22, 2014 9:18am Jul 22, 2014 9:18am
Look at my oval Bulls failed to take price higher this is a sign of exhaustion. Lets see it support line holds.
Attached Image (click to enlarge)
Click to Enlarge Name: $GBPNZD (233 Tick) 7_22_2014 7.jpg Size: 136 KB
If you fail to plan, you plan to fail.
  • #9,778
  • Jul 22, 2014 9:18am Jul 22, 2014 9:18am
Quoting Mr. Pip
Here is a chart update +50 {image}
Cha ching. woooo!
  • #9,779
  • Jul 22, 2014 9:24am Jul 22, 2014 9:24am
38% Fib trying to hold on the correction but the bulls seem tired. I'm looking for them to get back in the game and on to new highs. They sure have their work cut out for them.
If you fail to plan, you plan to fail.
  • #9,780
  • Jul 22, 2014 9:37am Jul 22, 2014 9:37am
Quoting pampaq
{quote} I put the chart, 22 hours ago, there define an PRZ, in my way of trade, this PRZ includes, first the expectation of a ONETOONE, or what is the same 100%, then retreat over 100% from BC, then extension of AB, and the XA fibo. So the best confluence of these fibos, I hope the PRZ. In turn, the structure of work, where it is extremely important the opening price, low yesterday and yesterday's high, and Pivot points. I look left, the price action and the DZ and SZ. In each of the defined structure, control, strength and weakness, as is what...
Entering the rebound, greetings, lots of control, for large time, acting bearish.
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDM5entrada.png Size: 34 KB
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