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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

  • #11,221
  • Nov 30, 2014 12:22pm Nov 30, 2014 12:22pm
Quoting Mr. Pip
{quote} I don't think I will be able to record it as this will probably be around three hours or so and the file would be to large to put up. What I can maybe do is record a short version but perhaps with the amount of time I will give you, you can find a way to attend.
mr Pipsi think it wouldmbe a great idea to have small videos.perhaps break down the whole of the method into.sections.eg identify swing and dominent swing.how to.apply the fib retrace and extentionhiw to.identify structureEtc etceach person can then concentrate on the small bits 1at a time and practice it on there platform.once all.is.done they should.be able to.do the complete analysis and post.good.postings
  • #11,222
  • Nov 30, 2014 1:36pm Nov 30, 2014 1:36pm
Hello Mr Pip, 23rd of December is good. i live in the UK and the 26th of December is a Bank Holiday and the families here get together, so if that date could be avoided it will be great. thanks
  • #11,223
  • Nov 30, 2014 9:54pm Nov 30, 2014 9:54pm
Monitoring two ABCD patterns on AUDUSD and NZDJPY.

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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  • #11,224
  • Dec 1, 2014 12:32am Dec 1, 2014 12:32am
here is ABCD that hit PRZ moved down to target 1 and we will see it it hits target 2
I hope ive done every thing ok only up to page 100 but slowly getting there
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  • #11,225
  • Dec 1, 2014 1:08am Dec 1, 2014 1:08am
NICE price moved down and hit target 2
so must have done something right

So do I use top candle in PRZ and the new low as my new Main swing?

Cheers

https://charts.mql5.com/6/362/eurjpy...are-corp-2.png
  • #11,226
  • Dec 1, 2014 1:24am Dec 1, 2014 1:24am
Found a nice confluence of ABCD and BAT pattern forming on GBPNZD.

Attached Image (click to enlarge)
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  • #11,227
  • Dec 1, 2014 2:47am Dec 1, 2014 2:47am
Goodmorning everybody,

Here my first finished trade of the day on GU.
Trade was against orderflow. But there was an break of the 78,6. which is an indication for an ordeflow change.
price entered the golde ratio with a lot of strength. but stopped right at my expectation.(magenta line)
TP was at the completion of the AB=CD.
Attached Image (click to enlarge)
Click to Enlarge Name: $GBPUSD (233 Tick) 1-12-2014.jpg Size: 205 KB
  • #11,228
  • Dec 1, 2014 3:09am Dec 1, 2014 3:09am
Hi
Is there a pattern inbetween 50% - 61.8% ???

cypher is 23.6%-38.2%
bat is 38.2% - 50%
ABCD, Gartley, Crab is 61.8% -78.6%
butterfly is 78.6% - 88.6%

just asking as I dnt have any thing for 50%-61.8%
cheers
  • #11,229
  • Edited 5:03am Dec 1, 2014 4:05am | Edited 5:03am
Again an GBPUSD trade. Entered long at the Agg C.
My expectation was at the magenta line. beautiful rotation in the golden zone.
Closed the trade because i have to go. see second picture.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: $GBPUSD (233 Tick) 1-12-2014.jpg Size: 174 KB
Click to Enlarge Name: $GBPUSD (233 Tick) 1-12-20142.jpg Size: 194 KB
  • #11,230
  • Dec 1, 2014 4:09am Dec 1, 2014 4:09am
Quoting godnemoz
Hi Is there a pattern inbetween 50% - 61.8% ??? cypher is 23.6%-38.2% bat is 38.2% - 50% ABCD, Gartley, Crab is 61.8% -78.6% butterfly is 78.6% - 88.6% just asking as I dnt have any thing for 50%-61.8% cheers
Hi Godnemoz,

See attached picture of Mr. Pip.
these are all the options.
Attached Image (click to enlarge)
Click to Enlarge Name: $EURUSD (60 Min) 12_28_2012 3.jpg Size: 97 KB
  • #11,231
  • Dec 1, 2014 4:12am Dec 1, 2014 4:12am
Quoting DeepakJ
{quote} Hi Godnemoz, See attached picture of Mr. Pip. these are all the options. {image}
Cheer just what I was looking for.
Green pips to all
  • #11,232
  • Dec 1, 2014 6:24am Dec 1, 2014 6:24am
Hi Mr Pip

I have some questions about price action, and how to properly analyse it. I have been using the EURUSD 15min chart.

In the first picture attached, my expectation was for price, to retrace from point C, then to break below the demand zone at points A, C. This is
because of the increase in momentum between XA and BC legs. Price retraced to 61.8% of BC (Also confluence with other fib ratios.) I had a late
entry to this trade at the open of the candle shown by the red arrow in the second picture. My trigger was that the previous candle had closed
lower than the open of the last bullish candle. My expectation was for price to break below the demand zone, and reach the area shown by the
ellipses in the first picture, which would have constituted an AB=CD move (XA being the 'AB' leg. The letters I have used in the chart are only
for reference)

The price broke below the demand zone with a candle close, at which point I moved my stop to break even, but then the market took me out at BE.
As the market is now, it looks like it could be making a move upwards, due to market exhaustion and rotation at point F (third picture), but also
the market seems to be rotating again at the supply zone and 50% XF at point G, creating a lower high from point B, which could indicate bearish
movement, and possibly break the demand zone like my first expectation

I'm feeling a bit confused, and I'm not sure if I'm applying the principles correctly?

To me it seems the market is moving sideways and ranging between the two S/D zones. Should I be staying out and not taking trades? Can I expect bearish or bullish movement?
Attached Image(s) (click to enlarge)
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  • #11,233
  • Dec 1, 2014 8:11am Dec 1, 2014 8:11am
Hello Mr. Pip. Just passing by and saw your posts about the planned live session. Mid to end of December would be fine for me. As for the agenda, here are the things I would appreciate to hear more of:

1. Expectation failures
2. More Trade Management examples
3. General tips for day trading with your method.

There could be other things but these are what I've thought of so far.
  • #11,234
  • Dec 1, 2014 8:25am Dec 1, 2014 8:25am
Let us see what happens on the EU long. -27pip risk and TP-80pips. Headed to Just Over Broke (JOB)
Attached Image (click to enlarge)
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Empower Your Mind
  • #11,235
  • Edited 9:26am Dec 1, 2014 8:34am | Edited 9:26am
Waiting for an possible long on GBPAUD. Will enter when there is proper rotation in the golden zone. At the moment there is some weakness.

Well did not enter PA didnt confirm a possible entry. In hindsight the confluence and the weakness should have been enough.

Can somebody tell me how to place text between images?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: $GBPAUD (233 Tick) 1-12-2014.jpg Size: 206 KB
Click to Enlarge Name: $GBPAUD (233 Tick) 1-12-2014.2.jpg Size: 220 KB
  • #11,236
  • Dec 2, 2014 8:40am Dec 2, 2014 8:40am
Quoting Mr. Pip
Hello Traders. I continue to see improvement and great trading well done. I want to get everyone's opinion on when would be the best time for the live session. I was thinking mid to end of December to give you all plenty of time to get your schedule in order. What time would be best also I wanted to get an agenda together what would you all like to see besides putting all the steps together? This will be more of a one way dialog. I will not be able to do to many questions and answer or we will not get everything done. I will leave time at the end...
Possible to schedule a live session the last week of December - the 29th or 30th? Agenda items - 1) expectations; 2) swing identification. Looking forward to it!
  • #11,237
  • Dec 2, 2014 9:03am Dec 2, 2014 9:03am
Quoting DeepakJ
Waiting for an possible long on GBPAUD. Will enter when there is proper rotation in the golden zone. At the moment there is some weakness. Well did not enter PA didnt confirm a possible entry. In hindsight the confluence and the weakness should have been enough. Can somebody tell me how to place text between images? {image} {image}
Don't know if this is the answer you're looking for, but will try anyway. After attaching your images, you can insert them manually into your post one by one by using the insert button. You can then add your text after each inserted image.

You posted some nice trades there by the way. Will post mine once I get back to trading.
Attached Image
  • #11,238
  • Dec 2, 2014 9:29am Dec 2, 2014 9:29am
Quoting YoungCroc
{quote} Don't know if this is the answer you're looking for, but will try anyway. After attaching your images, you can insert them manually into your post one by one by using the insert button. You can then add your text after each inserted image. You posted some nice trades there by the way. Will post mine once I get back to trading. {image}
Thanks YoungCroc,

Just what is was looking for. My posts will look cleaner this way.
Will post my trades again tomorrow. Didnt feel in tune with the market today. So called it a day after a few hours.
  • #11,239
  • Edited 1:57pm Dec 2, 2014 10:07am | Edited 1:57pm
Didnt feel in tune today. but this trade was very simple. still in it.
Short GBPUSD at golden ratio with confluence. already at BE.

Attached Image (click to enlarge)
Click to Enlarge Name: $GBPUSD (233 Tick) 2-12-2014.jpg Size: 186 KB



This is how it worked out. exited at the close of the bull bar.

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Click to Enlarge Name: $GBPUSD (233 Tick) 2-12-20142.jpg Size: 178 KB


And another trade same setup. Already at BE.

Attached Image (click to enlarge)
Click to Enlarge Name: $GBPUSD (233 Tick) 2-12-20143.jpg Size: 179 KB


Closed the trade. didnt want to wait anymore.

Attached Image (click to enlarge)
Click to Enlarge Name: $GBPUSD (233 Tick) 2-12-20144.jpg Size: 111 KB
  • #11,240
  • Dec 3, 2014 12:28am Dec 3, 2014 12:28am
EURCADH4
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADH4.png Size: 48 KB
THERE IS NO SYSTEM
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