Ratios & Harmonics: a Different Way to Trade

Quoting Mr. Pip

Disliked

{quote} Awesome looks like you had two winning trades based of having the expectation correct and taking action well done. Now to the second part of your question, When we get into order flow next week is where this will help you assess this. If you remember from my video I wan able to let you all know which expectations were likely to fail before they did. we will develop those skill next week. Are you seeing the advantage that you already have?

Ignored

Quoting Mr. Pip

Disliked

{quote} We need to use the correct terminology the proper term is NSH not HH and NSL for LL lets clean that up. We are not looking for patterns we just want to develop an expectation for where price should go next. If we have that and that plays out over 70% then it would be safe to say that it would be wise to find trading opportunities in that direction.

Ignored

Quoting sanderov

Disliked

Here's my attempt, the prices on the right are just an increasing slope, so there's no reasonable structure to that. A question to MrPip, you mentioned: " The tails are not important. What is important here is the close. To achieve a NSH or NSL we must achieve a higher or lower close. The trials don't create a NSH or NSL. you did fine but I want to make sure that is clear to everyone. " Why the close? The close is just a single sample of the price. I know the Low and the High are the extremes of the price in time; so is the close a non-extreme compromise?...

Ignored

Quoting beepbop2015

Disliked

{quote} Thanks! Will fix that. Here is my chart. Hope this works, I haven't posted one in ages. {image}

Ignored

Quoting hovedguy

Disliked

Looks like we all are not in the same page as Mr. Pip, very close though...indeed ! Can I make a humble request to Mr. Pip to put the EU m15 chart structural analysis for reference?

Ignored

Quoting Mr. Pip

Disliked

{quote} Yes I will I just wanted to get as much is possible fore I did.

Ignored

Quoting godbless-you

Disliked

Hi Mr.Pip, I'm so sorry, I know I shouldn't ask these question as I have not read all pages of the thread yet, but I have some problems and I eager to learn so I will. I only read to ABCD pattern and I want to good at it before I go to other patterns. 1. About how to draw fib line and define ABCD pattern, here is how I understand. First, we draw fib retracement from A to B. Then point C will lay from 61.8 to 78.6. Next we draw fib retracement from B to C, we notice fib 138.2 and 161.8. Then we draw fib extension from A to B to A, we notice fib 127.2...

Ignored

Quoting Aj1

Disliked

Great Video D Here is my Eur 15 min chart. {image}

Ignored

Quoting evocpr19

Disliked

Dear Mr. Pip, please have a look to my chart. Since we expect "after a NSH comes a HL and then again a NSH,....(until expectation is broken)", a trade in the area of Box 1 would have made trouble to me, since I would have interpreted (without hindsight) the swing in the middle of Box 1 as the "HL". I would have probably enterred a buy at that point (RR is not favourable, since high SL). However, this would have caused stress (direction of SL). However, with hindsight we see a new vaild "HL" which triggers again the idea of NSH. Hence, I would possibly...

Ignored

Quoting devontrader

Disliked

Mr Pips Here is my EURUSD M15 Chart {image}

Ignored

Quoting lithium1

Disliked

I'm trying to figure how to take advantage of this high probability structure analysis. How to trade it. 1. After a NSH, try to enter at LH, zoom in to the LH leg to find an entry at D of a ABCD pattern or AB=CD. Stop loss at NSL or previous HL. Target at D of AB=CD, with AB as the leg from previous HL to NSH. This is trying to profit from the expectation of another NSH. RR depends on how deep the LH retrace. Discussions are welcome if Mr. Pip allowed.

Ignored