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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

  • #9,981
  • Aug 2, 2014 10:49am Aug 2, 2014 10:49am
Quoting chotabheem
{quote} AUDJPY M5/M15 AB=CD call, just entering the 38.2%, SL adjusted to BE. {image} {image}
Very good as done. My 2 cents.
In uptrend, you can search the 1TO 1 in, retracement, or declines, and thus enter in favor of the trend.
Like this in the chart. In turn, you look good, a 1TO1 in, SZ, so expect a reversal.
There, in the 1TO1, placed by me, we see that there is 61%, reaching only to 38% and 50%.
With BC, very weak, there, take note of this weakness., Which added to the not reach 61%, warns us that our bullish trend was weak.
So, this upward weakness, plus the expectation of your 1TO1,
make us think, in a likely reversal. D is LL, rather than B.
Therefore, control the swing, Da, see that, at the point where it should resume the uptrend has no strength, makes a complete pullback, including a correction zigzag, and breaks down, accelerating the swing d. We confluence of ratios, 127% CD% and 161 Da. All in a strong DZ, it's your 38%. expected rebound.
Very good your operation, greetings and keep in touch.
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  • #9,982
  • Aug 2, 2014 11:01am Aug 2, 2014 11:01am
Quoting chotabheem
NZDUSD M5 Not trading this but tracking this, abcd with a 78.6%, {image} update :- OHHH MYY GODDDDDDDDDDDDD, am just crying now... {image}
That happens, and will happen again, and, Take it and do much pips. Greetings
A more conservative mode, you place your TP, is, only, look for the 38% and then 61% of the CD. and will not, in all the AD movement.
After 38%, review strengths and weaknesses, structure and candlestick patterns to see if we continue or leave the trade.
Greetings.
  • #9,983
  • Aug 2, 2014 11:23am Aug 2, 2014 11:23am
Quoting chotabheem
would anyone care to explain this early trigger thingy?,, It would obviously be my fault but another perspective on these charts would be really helpful, {image} {image}
There are so many things, which must be attentive, to enter the trade, which makes it difficult, one of them is what Kumaramy, told us about the importance of S and D.
regards
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  • #9,984
  • Edited 6:50pm Aug 2, 2014 6:37pm | Edited 6:50pm
Quoting ewgcorp
{quote} my friend. pls read Mr. Pips introduction at beginning of Mr. Pips blog. he is very serious about this. if you have good success using your method. then why are you hear. I mean no disrespect however your actions could spoil it for the rest of us. so please do not publish indicators here.
just to answer your question, if i m "hear", it s to learn new tec. to do more money than i did. So I respect Mr Pip and post the graph without indicators, and you didn't have necessity to be agressive and stupid.

“The possession of knowledge, unless accompanied by the manifestation and expression in sharing is a vain and foolish thing. The Law of Use is universal, and he who violates it suffers by reason of his conflict with natural forces.” Tony Caldaro

When y will do more than 200%/year for more than 4 years with real money and clients to respond each month, we will talk again. Hope Mr. Pip will understand.

My last year result of one account i managed:

Summary:
Start:2013.02.21 End:2014.01.01
Deposit:100.000,00 Credit Facility:0
Closed Trade P/L:261.582,36 Floating P/L:-279,81

Balance: 361.582,36 Equity: 361.302,06 Free Margin:360.802,00


Gross Profit: 444.078,65 Gross Loss:182.496,29 Total Net Profit: 261.582,36
Profit Factor:2,43
Absolute Drawdown: 836,2 Maximal Drawdown: 28.099,7416 Relative Drawdown 16,10% -28.099,74

Total Trade: 319 Short Position (won %):154 62,34% Long Position (won%):165 73,94%
Profit Trade (% of total):218 68,34% Loss Trade (% of total):101 31,66%
Largest profit trade:43.930,87 loss trade: -12.245,36
Average profit trade:2.037,06 loss trade: -1.806,89
Maximum consecutive win ($):24 +20.779,12 consecutive loss ($):9 -17.834,19
Maximal consecutive profit (count): 55.306,50 consecutive loss (count):-22.491,032
  • #9,985
  • Edited 9:10pm Aug 2, 2014 8:48pm | Edited 9:10pm
Quoting brjojo
{quote} just to answer your question, if i m "hear", it s to learn new tec. to do more money than i did. So I respect Mr Pip and post the graph without indicators, and you didn't have necessity to be agressive and stupid. “The possession of knowledge, unless accompanied by the manifestation and expression in sharing is a vain and foolish thing. The Law of Use is universal, and he who violates it suffers by reason of his conflict with natural forces.” Tony Caldaro When y will do more than 200%/year for more than 4 years with real money and clients...
ahhh yes... one of lifes true pleasure should be self improvement. Like building a beautiful scuptor out of rough clay.

Interesting profit ratio. Good on you for the health profit. Can I borrow $20 ????

Just kidding. But we all share the same goal... freedom.

Heres a link to a post that could help you on your journal. Check out Post #8464 (the link is below), It is no substitue for the entire thread tho. there is alot of good information here. I found Mr.Pips videos to be very informative and well done. I've probably watched them over hundred times easy...

http://www.forexfactory.com/showthread.php?p=7405409#post7405409

A revised version of the harmonic guideline is here
Attached File(s)
File Type: pdf Advance Pattern Reference Guide.pdf   647 KB | 655 downloads


Good luck. May the all mighty bless us with a pot of lucky charms and low drawdown
  • #9,986
  • Aug 2, 2014 10:13pm Aug 2, 2014 10:13pm
Quoting Mack2013
{quote} ahhh yes... one of lifes true pleasure should be self improvement. Like building a beautiful scuptor out of rough clay. Interesting profit ratio. Good on you for the health profit. Can I borrow $20 ???? Just kidding. But we all share the same goal... freedom. Heres a link to a post that could help you on your journal. Check out Post #8464 (the link is below), It is no substitue for the entire thread tho. there is alot of good information here. I found Mr.Pips videos to be very informative and well done. I've probably watched them...
Dear Mack,

Thks for your post and the info, working on this techs at 2 weeks with some good results with short, med and long term trade. Will post later others analyses that show that it work on Daily frame too. USD/CHF on the daily have a nice ABCD patern for example.

See y
  • #9,987
  • Aug 2, 2014 10:21pm Aug 2, 2014 10:21pm
USD/CHF Daily ABCD
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  • #9,988
  • Aug 2, 2014 10:55pm Aug 2, 2014 10:55pm
My objetive is to cross-reference fact and data of my tech. and the harmonic to have a better ROE that could permit us to take more risk on trade.

I will not post the graph (cause i don t want to have some unpleasant post again), but the D point on this daily Graph USD/CHF is exactly where y have the MMA 400....And for me it's 2 very good reasons to enter in this trade.
  • #9,989
  • Aug 2, 2014 11:09pm Aug 2, 2014 11:09pm
An other nice ABCD on Daily with suport on the MMA 200(again y will not see this indicator on my graph)
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  • #9,990
  • Aug 2, 2014 11:16pm Aug 2, 2014 11:16pm
Quoting brjojo
An other nice ABCD on Daily with suport on the MMA 200(again y will not see this indicator on my graph) {image}
Hopefully, Mr. Pip will forgive me, but there is more there. These have been posted before.
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #9,991
  • Aug 2, 2014 11:27pm Aug 2, 2014 11:27pm
Quoting Mr. Scott
{quote} Hopefully, Mr. Pip will forgive me, but there is more there. These have been posted before. {image} {image}
Nice, that s it......Don t think y will be whip for that
  • #9,992
  • Aug 3, 2014 10:37am Aug 3, 2014 10:37am
Quoting pampaq
{quote} There are so many things, which must be attentive, to enter the trade, which makes it difficult, one of them is what Kumaramy, told us about the importance of S and D. regards {image} {image}
Thanks for the input, nice observations. I have noted what you said about audjpy, just hoping the trend doesn't pick up from where it left.
I follow only one person and his strategies...
  • #9,993
  • Edited 5:17pm Aug 3, 2014 4:48pm | Edited 5:17pm
Quoting brjojo
Hi guys, i m new here but trading FX at more than 7 years with other strategy than harmonic. do y think this kind of bearish crab is possible in USD/JPY 240 min or is not respecting the 50/61.8 fibo BC downtrend {image}
For harmonics, are in a ONETOONE, we expect a decline to 38%, accomplished, and after analyzing the situation, one to 61%.
I think the sign of a successful technique, is how many pips you do. beyond the indicators, and fundamentalism, which we try, it is very good, in a technique, and live with this.
Welcome, and I hope you find useful stuff here.
Greetings.
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  • #9,994
  • Aug 4, 2014 12:23am Aug 4, 2014 12:23am
Quoting chotabheem
{quote} update 3 :- Price made it to 70% of CD leg but ran into structure and retraced to 61.8% which is just above our BE. Will see if price climbs back up from the golden ratio, if not waiting with the trigger in my hand to jump out as soon as it comes down near to BE. {image} update 4 :- Price has been flirting around just above BE, I have exited, but here is the catch, Price trigger here is above 1.44216(the trigger, (only ask))might just give us another aggressive C long of an ABCD, with 1.44603 at TP and SL at 1.43948....
Okay, Stop loss hit on the ABCD.

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I follow only one person and his strategies...
  • #9,995
  • Aug 4, 2014 12:58am Aug 4, 2014 12:58am
Quoting chotabheem
{quote} Okay, nice enough, lets see.
good morning Chotabheen. so the 3 drives failed and a AB=CD materialized. target was still achieved, maybe luckily interesting situation. I would be grateful to hear some comments about price action.
BW
choose a job you love and you will never have to work a day in your life
  • #9,996
  • Aug 4, 2014 1:34am Aug 4, 2014 1:34am
Quoting ewgcorp
{quote} good morning Chotabheen. so the 3 drives failed and a AB=CD materialized. target was still achieved, maybe luckily interesting situation. I would be grateful to hear some comments about price action. BW
you mean the USDJPY?,

Price went up, but the angle seems not to inspire bulls. The momentum is slanting and not as good as the fall which was almost vertical. So.
Even if the ab=cd worked out I don't think it is that proper. The D completion point was 102.450 and the price hit a low way below at 102.326.
Am not sure what is going on yet, but will see the reaction of price at the golden ratio of the current main swing in M5. What do you feel???

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I follow only one person and his strategies...
  • #9,997
  • Aug 4, 2014 2:04am Aug 4, 2014 2:04am
Quoting chotabheem
{quote} you mean the USDJPY?, Price went up, but the angle seems not to inspire bulls. The momentum is slanting and not as good as the fall which was almost vertical. So. Even if the ab=cd worked out I don't think it is that proper. The D completion point was 102.450 and the price hit a low way below at 102.326. Am not sure what is going on yet, but will see the reaction of price at the golden ratio of the current main swing in M5. What do you feel??? {image}
yeah. USJP. ab leg seems over sold compared to cd leg. however fibs -.618 has a good story. I cashed out at 102.50. made some happy pips.
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choose a job you love and you will never have to work a day in your life
  • #9,998
  • Aug 4, 2014 2:14am Aug 4, 2014 2:14am
Quoting ewgcorp
{quote} yeah. USJP. ab leg seems over sold compared to cd leg. however fibs -.618 has a good story. I cashed out at 102.50. made some happy pips. {image}
awesome,. (http://www.reactiongifs.us/wp-content/uploads/2013/06/cheering_minions.gif)
I follow only one person and his strategies...
  • #9,999
  • Aug 4, 2014 2:16am Aug 4, 2014 2:16am
USDCAD M5

Expecting an aggressive C sell, provided this tanks below the previous HL in M1 at 1.09188

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I follow only one person and his strategies...
  • #10,000
  • Aug 4, 2014 6:21am Aug 4, 2014 6:21am
Quoting chotabheem
USDCAD M5 Expecting an aggressive C sell, provided this tanks below the previous HL in M1 at 1.09188 {image}
Still following this, observing the distance between the highs. Previous pivot low has not yet been taken out but still, recently, the distance between the higher highs have been getting smaller. Price is running into structure now (between 1.090 and 1.096). Any more views on this would be appreciated.

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I follow only one person and his strategies...
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