Ratios & Harmonics: a Different Way to Trade | Page 792 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

"Ratios & Harmonics: a Different Way to Trade." Summary 37 replies

Learning to trade with harmonics 11 replies

Time for Change - Pivots & Harmonics to freedom 67 replies

180 reasons to trade Harmonics and Patterns 13 replies

Group Trading based on Elliott wave and Harmonics 0 replies

Attachments: Ratios & Harmonics: a Different Way to Trade
Exit Attachments

Ratios & Harmonics: a Different Way to Trade

  • #15,821
  • Feb 2, 2016 10:00am Feb 2, 2016 10:00am
Mr. Pip, I joined today. It is exciting. Thanks for your teaching. this is how I see it. Is it correct?
Attached Image (click to enlarge)
Click to Enlarge Name: Euro-15.jpg Size: 279 KB
  • #15,822
  • Feb 2, 2016 10:16am Feb 2, 2016 10:16am
Okay Traders, I have to step out for a few hours then I will come back to catch up.
If you fail to plan, you plan to fail.
  • #15,823
  • Feb 2, 2016 10:20am Feb 2, 2016 10:20am
So, EUR/USD. Looks like a change in direction. A decisive NSL has been achieved. Expectations now are for a retrace to a LH and then eventually another NSL.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 194 KB
  • #15,824
  • Feb 2, 2016 10:30am Feb 2, 2016 10:30am
Expectation failure.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 67 KB
  • #15,825
  • Feb 2, 2016 10:31am Feb 2, 2016 10:31am
Dear Mr. PIP,
I also think that on the e/u the expectations have changed and that we are now looking for a LH and Nsl. However I do not know how this information can be put into a trade with a good rr.
Sorry I write from my mobile phone.
In which timezone are u all living. I drive home from work.
  • #15,826
  • Feb 2, 2016 10:48am Feb 2, 2016 10:48am
Quoting evocpr19
Dear Mr. PIP, I also think that on the e/u the expectations have changed and that we are now looking for a LH and Nsl. However I do not know how this information can be put into a trade with a good rr. Sorry I write from my mobile phone. In which timezone are u all living. I drive home from work.
Hello evoscp19,

Mr.Pip is going to teach us tomorrow how we can incorporate trading ideas into our forecasts. Look here (http://www.forexfactory.com/showthread.php?p=8726555#post8726555).

Kind regards
  • #15,827
  • Feb 2, 2016 2:01pm Feb 2, 2016 2:01pm
i couldn't stay aside but enter this trade. I forgot to triger SL and TP (you can't do it afterwards in Ninjatrader...) due to being in a hurry as I didn't wanted to miss this trade. (i'm afraid i'll have to close it now

but, my point here is that, even though the market may make, what it looks like a NSH, if we are "inside" the major move or swing, that is what we call "a complex pullback" or CPB. And, this is the right time and place when you want to buy the ABCDs or AB=CDs. because there completion aligns with the major order flow, or structure, which is downtrend now, as the market made a NSL.
Attached Image (click to enlarge)
Click to Enlarge Name: 6E 03-16 (233 Tick) 02_02_2016.jpg Size: 85 KB
  • #15,828
  • Feb 2, 2016 2:17pm Feb 2, 2016 2:17pm
guys please read post 15687 and 15688

mr pips has laid out the plan for the comming weeks and some are already flying ahead and branching out of topic

mr pips is doing step by step so at the end of the processit will all come together.

any questions,,,,about the whole method pls ask then,,other wise stick to the plan

thankyou
  • #15,829
  • Feb 2, 2016 3:44pm Feb 2, 2016 3:44pm
Live chart taken 2145hrs uk time eurusd 15min
Attached Image (click to enlarge)
Click to Enlarge Name: DAMIEN LIVE.JPG Size: 82 KB
  • #15,830
  • Feb 2, 2016 3:57pm Feb 2, 2016 3:57pm
just to post here for future ref of anyone reading these posts in the future,,,the exercise here is to identify higher high and lower lows basically
also fresh new highs or lows we call the NEW STRUCTURE HIGH or NEW STRUCTURE HIGH

if you look at the picture,,,,to determine our expectations we look from current price tothat last swing high and low

we will either expect price to pass thru this line to continue our journey of highs or lows
or
if price goes thru the opposite line then we say our expectation was broken and a possible change of direction is expected,,,to be confirmed by the next swing point.

hope this helps,,im sure mr pips may correct or add anything ive missed
Attached Image
  • #15,831
  • Feb 2, 2016 4:05pm Feb 2, 2016 4:05pm
Current EURUSD and Dow30. I hope I got it right.
Attached Image (click to enlarge)
Click to Enlarge Name: 20160202_23-13-22_EURUSD_M15.gif Size: 54 KB

Attached Image (click to enlarge)
Click to Enlarge Name: 20160202_23-02-52_US30_M15.gif Size: 57 KB
  • #15,832
  • Feb 2, 2016 5:26pm Feb 2, 2016 5:26pm
[quote=Bary;8726865]
Quoting Mr. Pip
Bull are really trying to stop the bears. Let's see what happens. Here's my first trade and thoughts. Dialed down to a 144T chart as volume premarket is light. {image} Sorry, forgot the ema was on this chart!
Ten yard penalty repeat second down!
If you fail to plan, you plan to fail.
  • #15,833
  • Feb 2, 2016 5:27pm Feb 2, 2016 5:27pm
Quoting tiong999
Hello, Very Interest on harmonic pattern. I'm very new and never try something like this. If, my question sound stupid, i'm appologize to interupt thread that have almost 800 page already. Here i just found Bearish Gartley pattern, at least that what i'm thinking, but pattern i found not match to mr pip rule, which have candle closed on 50% from XA and 50% of AB. Here attach my analysis, i hope someone acknowledge can guide me if my pattern incorrect. Notes: Sorry i unable to attach my picture, never upload before. But if u look m15 USDCHF u will...
Let's forget the patterns for now and join us in the training.
If you fail to plan, you plan to fail.
  • #15,834
  • Feb 2, 2016 5:28pm Feb 2, 2016 5:28pm
Quoting tibovwh
Hey guys, First of all, great stuff Mr. Pip. Your effort in helping others is impressive. I marked up a chart of EURJPY. I hope this is ok. Anyone that could provide some feedback? Best, {image} {image} {image}
Looks good stick to the EURUSD or DOW Futuers makes my life easier 15M
If you fail to plan, you plan to fail.
  • #15,835
  • Feb 2, 2016 5:30pm Feb 2, 2016 5:30pm
Quoting mci
Guys, before/after chart comparison here for EURUSD and DOW. Conclusion: Mr. Pip is handing out magical crystal balls for free. EDIT: EURUSD: 19 good | 2 bad | 90% accurate DOW30: 20 good | 4 bad | 84% accurate {image} {image} {image} {image}
I am hope you like them!!!
If you fail to plan, you plan to fail.
  • #15,836
  • Feb 2, 2016 5:31pm Feb 2, 2016 5:31pm
Quoting Mr_Burns
{quote} Hi and welcome tiong! I don't look for gartleys, bats, animals etc. so I won't answer that part but I suggest you start reading this thread from this (http://www.forexfactory.com/showthread.php?p=8722695#post8722695) post. From there you will soon be up to date with what Mr. Pip is teaching us, it's awesome! Good Luck!
Thanks!
If you fail to plan, you plan to fail.
  • #15,837
  • Feb 2, 2016 5:33pm Feb 2, 2016 5:33pm
Quoting paren
Mr. Pip, I joined today. It is exciting. Thanks for your teaching. this is how I see it. Is it correct? {image}
Looks good I can't see the close on your chart too close together and looks like a bar chart which is fine but not that close together.
If you fail to plan, you plan to fail.
  • #15,838
  • Feb 2, 2016 5:34pm Feb 2, 2016 5:34pm
Nice setup to short at EURUSD based on structure analysis and good RR too. So I take it.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Image1.png Size: 27 KB
Click to Enlarge Name: Image2.png Size: 22 KB
  • #15,839
  • Feb 2, 2016 5:35pm Feb 2, 2016 5:35pm
Quoting evocpr19
Dear Mr. PIP, I also think that on the e/u the expectations have changed and that we are now looking for a LH and Nsl. However I do not know how this information can be put into a trade with a good rr. Sorry I write from my mobile phone. In which timezone are u all living. I drive home from work.
I'm in Miami USA Eastern Time.
If you fail to plan, you plan to fail.
  • #15,840
  • Feb 2, 2016 5:38pm Feb 2, 2016 5:38pm
Quoting ujku80
i couldn't stay aside but enter this trade. I forgot to triger SL and TP (you can't do it afterwards in Ninjatrader...) due to being in a hurry as I didn't wanted to miss this trade. (i'm afraid i'll have to close it now but, my point here is that, even though the market may make, what it looks like a NSH, if we are "inside" the major move or swing, that is what we call "a complex pullback" or CPB. And, this is the right time and place when you want to buy the ABCDs or AB=CDs. because there completion aligns with the major order flow, or structure,...
You can enter stops and target after entry using limit orders just RT click on the chart and select what you want. Also please stick to the topic we are discussing please I don't want the focus to drift we will get there but we have to be patient and teach the newer guys.
If you fail to plan, you plan to fail.
10 traders viewing now