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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

  • #15,081
  • Jan 7, 2016 7:53am Jan 7, 2016 7:53am
Japan 225 Cash Index

Potential reverse zone entered for bat and Fib Extension 161.8
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  • #15,082
  • Jan 11, 2016 12:02pm Jan 11, 2016 12:02pm
GU Cypher first target is cleared, second target on the way
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  • #15,083
  • Jan 11, 2016 12:28pm Jan 11, 2016 12:28pm
Bat pattern on eurusd daily??
  • #15,084
  • Jan 11, 2016 3:40pm Jan 11, 2016 3:40pm
Hate the daily worse then watching grass grow here is an update on the chart I provider you all with price is still declining lots of bearish strength. Always find more reasons to take on risk then just double bottoms or structure.
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If you fail to plan, you plan to fail.
  • #15,085
  • Jan 11, 2016 4:59pm Jan 11, 2016 4:59pm
Quoting Mr. Pip
Hate the daily worse then watching grass grow here is an update on the chart I provider you all with price is still declining lots of bearish strength. Always find more reasons to take on risk then just double bottoms or structure. {image}
No Doubt. No doubt. Very nice chart, as always Mr.Pip. Very Clear. Here is my take......

"Hate the daily worse then watching grass grow " - lol, looks like I'll have to update this chart and expectations in March. As much as I love working intraday, life has pushed me to the daily

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  • #15,086
  • Jan 11, 2016 5:50pm Jan 11, 2016 5:50pm
Quoting Mack2013
{quote} No Doubt. No doubt. Very nice chart, as always Mr.Pip. Very Clear. Here is my take...... "Hate the daily worse then watching grass grow " - lol, looks like I'll have to update this chart and expectations in March. As much as I love working intraday, life has pushed me to the daily {image}
Hey Mack hope all is well. The market is oversold so we are due for a correction I just don't feel it will be much to talk about. Your assessment looks good to me but lets see how she dances.
If you fail to plan, you plan to fail.
  • #15,087
  • Jan 11, 2016 6:07pm Jan 11, 2016 6:07pm
Quoting Mr. Pip
{quote} Hey Mack hope all is well. The market is oversold so we are due for a correction I just don't feel it will be much to talk about. Your assessment looks good to me but lets see how she dances.
"The market is oversold so we are due for a correction I just don't feel it will be much to talk about." - agreed

I hope all is well with you too sir.
  • #15,088
  • Jan 11, 2016 6:26pm Jan 11, 2016 6:26pm
Since I'm here, here is an update on the copper chart that I posted back in November.

Price approached kill zone and RN with strength. The reaction was weak and price closed below the RN with continued Bearish Strength. This is not a good sign.

I haven't totally abandon my thesis for a correction in these parts but it doesn't look good. Strength definitely looks to be with the bears. Waiting for the Bulls to show up ( I think I'll be waiting for a long time )

Even if we do get a correction it might be a shallow one until the swing projection weakens


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  • #15,089
  • Jan 11, 2016 6:28pm Jan 11, 2016 6:28pm
had to change my avatar as someone took the one I was using. I think I like this one better I hope he doesn't take it too. I would like to get into some discussions with traders on thoughts, challenges particularly with order flow which seems to be the most challenging for some traders. Let's pick it up and keep learning.
If you fail to plan, you plan to fail.
  • #15,090
  • Jan 11, 2016 6:28pm Jan 11, 2016 6:28pm
Good to see you at n here Masterminds!
If you fail to plan, you plan to fail.
  • #15,091
  • Jan 11, 2016 6:32pm Jan 11, 2016 6:32pm
Quoting Mack2013
Since I'm here, here is an update on the copper chart that I posted back in November. Price approached kill zone and RN with strength. The reaction was weak and price closed below the RN with continued Bearish Strength. This is not a good sign. I haven't totally abandon my thesis for a correction in these parts but it doesn't look good. Strength definitely looks to be with the bears. Waiting for the Bulls to show up ( I think I'll be waiting for a long time ) Even if we do get a correction it might be a shallow one until the swing projection...
Great patience and read. Way to asses order flow! Wait for price to speak. We are hunters not chasers. Price will speak and tell us what it wants to do.
If you fail to plan, you plan to fail.
  • #15,092
  • Jan 11, 2016 6:46pm Jan 11, 2016 6:46pm
GBPUSD [M1]

shark sell for a few pips!

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Masterrmind........... :nerd:
Master your Mind then Master your Trades
  • #15,093
  • Jan 11, 2016 6:47pm Jan 11, 2016 6:47pm
Quoting Mr. Pip
Good to see you at n here Masterminds!
Likewise to you Mr Pip.

Very pleased to see you here.

Masterrmind...........
Master your Mind then Master your Trades
  • #15,094
  • Jan 11, 2016 6:59pm Jan 11, 2016 6:59pm
Quoting Masterrmind
GBPUSD [M1] shark sell for a few pips! {image} Masterrmind........... :nerd:
Update: trade about to be brought up to BE+spread for a free ride.

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Masterrmind...........
Master your Mind then Master your Trades
  • #15,095
  • Jan 11, 2016 7:39pm Jan 11, 2016 7:39pm
Quoting Masterrmind
{quote} Update: trade about to be brought up to BE+spread for a free ride. {image} Masterrmind...........
GU [M1]

manual close out for + 21 pips.

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price almost drove down to hit my TP but pulled up short by the smallest of margins so I closed it out!

Notes:

1. awesome shark sell
2. pin-point accurate ABCD reversal (perfect!)
3. protected the position and moved up stops to BE + spread to eliminate risk
4. almost zero DD
5. price below monthly resistance level

Outlined well in advance of the fact!

Masterrmind............
Master your Mind then Master your Trades
  • #15,096
  • Jan 11, 2016 8:42pm Jan 11, 2016 8:42pm
Quoting Masterrmind
{quote} GU [M1] manual close out for + 21 pips. {image} price almost drove down to hit my TP but pulled up short by the smallest of margins so I closed it out! Notes: 1. awesome shark sell 2. pin-point accurate ABCD reversal (perfect!) 3. protected the position and moved up stops to BE + spread to eliminate risk 4. almost zero DD 5. price below monthly resistance level Outlined well in advance of the fact! Masterrmind............
Nicely done! Way to manage the trade!
If you fail to plan, you plan to fail.
  • #15,097
  • Jan 11, 2016 8:59pm Jan 11, 2016 8:59pm
Hi All , and welcome back Mr. Pip , glad to see u

I was trying to learn entry orders in Ninja Trader but with little luck, I tried the web and utube, helps but not much , so I will ask here

In MT4, when u enter a long trade, TP above entry and Stop loss below entry, now whats the same but in Nina Trader ? same in short, still have no idea

Now if I want to place a Limit order as in MT4, I will place buy stop, buy limit, sell stop , sell limit, with there stops and tps, how is that done in Ninja Trader

Hope someone can shed me some light here as I have been trying and testing for long time
I Have Learned to Take Some Losses to Make Profits
  • #15,098
  • Jan 12, 2016 3:21am Jan 12, 2016 3:21am
GBPNZD [M15]

short in progress.............

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And what harmonic pattern is this little beauty ? ...........

SL about to brought down to BE + spread.....

Masterrmind.............. :nerd:
Master your Mind then Master your Trades
  • #15,099
  • Jan 12, 2016 3:43am Jan 12, 2016 3:43am
Quoting Masterrmind
GBPNZD [M15] short in progress............. {image} And what harmonic pattern is this little beauty ? ........... SL about to brought down to BE + spread..... Masterrmind.............. :nerd:
Damn, very nice trade...
  • #15,100
  • Jan 12, 2016 4:19am Jan 12, 2016 4:19am
Quoting Masterrmind
GBPNZD [M15] short in progress............. {image} And what harmonic pattern is this little beauty ? ........... SL about to brought down to BE + spread..... Masterrmind.............. :nerd:
GBPNZD [M15]

+88 pips hit TP which was set at close to 78.6 retracement of the CD leg of the shark pattern!

It really wouldn't have mattered what fib you used for TP because the bears drove it down hard past point C (not shown) very quickly!

Attached Image (click to enlarge)
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Masterrmind.............
Master your Mind then Master your Trades
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