Ratios & Harmonics: a Different Way to Trade

Quoting danielwang

Disliked

{quote} Mr Pips, thanks. Ya, i understand that there is ABCD inside the Gartley. i was just thinking, then what is the value of this additional "XA" leg in Gartley compared to ABCD? since the TP1 and TP2 are the same. Could it be: 1. Gartley has a higher propability than ABCD for a reversal? 2. Gartley has a better gauge to set the SL since X is a significant High or Low compared to ABCD?

Ignored

Quoting nbaker

Disliked

Which candle is the swing high for X of a Cypher? {image}

Ignored

Quoting nbaker

Disliked

It's a small Cypher that failed to complete. In any case, my question is when you have that kind of situation where the downtrend really began during the up candle, do you draw XA from the top of the first candle, or the top of the second candle? {image}

Ignored

Quoting nbaker

Disliked

It's a small Cypher that failed to complete. In any case, my question is when you have that kind of situation where the downtrend really began during the up candle, do you draw XA from the top of the first candle, or the top of the second candle? {image}

Ignored

Quoting Mr. Pip

Disliked

{quote} Crap really small sorry about that I guess there might be something there. To answer your question from the highest point. Try to ask your self if the pattern is right? It needs to be a part of the general order flow. This was so small that I didn't even see it because it doesn't tie in to the order flow. Do you understand what I'm trying to say? I just want to make sure I'm making sense to you and others.

Ignored

Quoting nbaker

Disliked

{quote} I have to confess I don't understand the concept of order flow

Ignored

Quoting Mr. Pip

Disliked

{quote} Don't feel bad it can be a bit tricky. Have you seen my video on the topic? I would like for others to sound off if there are issues with the process of order flow to address it in general. Either way I will address it since you are having issues but I want to make sure you have seen the videos.

Ignored

Quoting nbaker

Disliked

{quote} I have not seen your video, where can I find it?

Ignored

Quoting Mr. Pip

Disliked

{quote} Number 2 is your answer but there is some version of an ABCD in most of the advances patterns. Sometime the potential pattern gets disqualified in the first half and you are left with the ABCD. Don't sit around waiting for patterns to complete. Be efficient and learn to trade into their completion points. Aggressive C is a great money maker among other types of entries. Use market Harmonics to forecast and identify high probability PRZ and never neglect order flow and expectations.

Ignored

Quoting vqtrader

Disliked

Here is a bigger picture of the EUR/AUD the zone is quite ugly. It has been swimming up(corrective) stream for a while. Still looking for one more 600 pip move up. It is very obvious that the impulse(orderflow) is down in the bigger picture. I will be waiting on break NSH-HL and bull confirmation on 5min. cheers folks BTW: Even though we have a longer term view we must be mindful of the momentum, orderflow and structure on the timeframe you are trading. {image}

Ignored

Quoting danielwang

Disliked

Just noticed an example of reversal after AB = CD. GBPNZD, 30M. If longed, TP 0.618 has been hit. {image}

Ignored

Quoting vqtrader

Disliked

Here is the EUR/NZD trade I took this morning along with EUR/AUD. Same concept but this one took off while other chugged along. This one is at BE with target at 1.8990. Lets see what happens. If it continues to move in my favor I will add to it. it about 2000 pip move. Can anyone say balls of steel Edit: decide to move TP 1.8528(1,524 pips) to the top of the wick of the monthly. Very important area All the tricks I got. Its about management from here. Cheers {image}

Ignored

Quoting danielwang

Disliked

Just shared a done deal last night for a 47 pips. Shorted NZDUSD 1H chart after completion of ABCD, TP at 61.8%, Powerful harmonics. {image}

Ignored