Ratios & Harmonics: a Different Way to Trade

Quoting danielwang

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Hi Harmonics traders, Is this a valid aggressive C SELL at Japan Nekkei 225 1H chart? Goes with the order flow. May form ABCD reaching 15500. ?? {image}

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Quoting Pair-me-up

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{quote} I learn the most from play by plays!! I know a lot of traders out there that are mind readers.. but for us non mind readers... we really and truly appreciate the play by plays of an experienced trader. This method of teaching helps us to start creating the proper targets and to gain the confidence to pull the trigger correctly with out worrying about loses that are part of the emotional part. Great job on the play by play.. Keep them coming when you have time.

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Quoting danielwang

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AUDUSD seems to be trading in range these hours. Hi Mr Pip and other traders, 1. is the order flow downward in AUDUSD 1H chart? seems not that strong flow... 2. Is the blue ABC or orange ABC in this case? or should i just wait and dont take any aggressive C yet? i have similar question on EU the day before Thank you. {image}

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1. is the order flow downward in AUDUSD 1H chart? seems not that strong flow...

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2. Is the blue ABC or orange ABC in this case? or should i just wait and dont take any aggressive C yet?

Quoting danielwang

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Awesome drop in EURGBP after bearish BAT. Harmonics could even predict news {image}

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Quoting CBinBC

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{quote} Great - now I have to learn Russian on top of Forex - But seriously, this is a great thread and I am learning lots. To contribute something back, I've attached some of the English version of Lance Beggs course. Not harmonics, but very in depth look at order flow and why prices move. Hope it helps. {image} {image} {image}

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Quoting danielwang

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Hi Mr Pip, GBPCAD seems be at confluence of the completion of big ABCD and small AB=CD. should it be a valid reversal? but this pair still keep dropping. {image}

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Quoting Mr. Pip

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{quote} {quote} No at the moment the order flow is not down. There is complete breakdown of order flow and you are in a range. When this happens it's best to stay on the sidelines or look for increase momentum to help you assess who is gaining strength and who is losing strength. {quote} there always doesn't have to be a pattern. I know that the ABCD and it's brother the AB=CD occur repeatedly in a trend we must be aware what is happening withing the framework of price. Be patient and wait for price to come to you. Identify where decisions will...

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Quoting danielwang

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{quote} Hi Mr Pip, Thanks a lot for the detailed sharing on this. Greatly appreciate it. Thank you.

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Quoting vqtrader

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I have teaching moment for myself and others. I made a first year forex rookie mistake and broke the very first investment rule. When in profit move stops to BE. I took a trade on EUR/NZD 5min time frame a few days ago and locked in 1 position at BE and was up approx. 300+pips found another good entry point and opened another position and was in profit. I was late for work doing this and took a shower jumped in the car and BAM forgot to move stops. I was away from the computer another day and picture says it all. Closed -100 or so other at BE. Moral...

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Quoting Mr. Pip

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{quote} Shake it off big guy. It's only a problem if you didn't learn from it. Some lessons costs us money. I screw up every now and then too. Thanks for sharing the good the bad and the ugly.

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Quoting vqtrader

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U/J 5min short at BE possible 16 pips closed: +16pips Before anyone ask yes I do things at price when it comes to TP and ratios only. Wicks are important too. I have seen price rub my target MANY TIMES and reverse. Since I change that fact TP is not so bad. Also you will notice a 1.27ext. I use it aswell. Fewer pips but this works for me. Not to many folks do it this way. When price closes above/below it, its almost a sure thing. I said almost. That is the only difference anything else is strictly Mr pips Trendlines are just my lazy way to gauge...

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Quoting danielwang

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To Mr Pip and other traders, is this a valid bearish BAT? Good that the confluence meet the downward trendline upper bound. However, price has been stagnant here for quite a while in this PRZ. Will this invalidate the reversal? {image}

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Quoting Mr. Pip

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{quote} I for one enjoy taking courses and seminars on trading. There is always something of value that can enhance your particular style. We should never stop growing. I will never go back either. My journey was long but I guess that's why it is so sweet now.

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Quoting fxnikolaev

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{quote} why to fix something which is not broken ? I am looking in to info and studies about harmonic, but there is nothing new so far. I have 10-12 trades a week, and 20% a week, as long as it will stay that way, I am not going to change it )))))

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Quoting Mr. Pip

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{quote} I think you misunderstand some of the things I say. I'm not trying to change anything and I haven't but we should never stop growing. We need to continue to feed our intellect so that we may have meaningful conversations about topics. And I can't help but to comment that your returns are extraordinary with performances like that where you are making 20% weekly you must or will be on the cover of FORBES in no time. Hell you will be the riches man in the galaxy if you are not already. I applaud you sir I hope you are not over leveraging your...

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