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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

  • #16,061
  • Feb 7, 2016 5:32am Feb 7, 2016 5:32am
Hello Mr Pip
again another great video that is equipped with tons of informations that is going to give seasoned traders the missing link that they are looking for to get their market analysis better, and for the newbies all that they need to get their practice without the need to look elsewhere for informations about Price action analysis.
so well done sir, and as far as the presentation is concerned i agree with Devontrader that it is who you are and part of your character, so i salute you my friend and thank you for your time and efforts.
  • #16,062
  • Feb 7, 2016 6:39am Feb 7, 2016 6:39am
[quote=devontrader;8737408]Mr pips... Regarding your video.... Bang!!!!!!! You nailed it
As for your ah um ok moments....love it all part of the character lol love it

Well said and agree!! Thanks Mr Pip for the video.
What I learned from the videos so far aside from the obvious: Mr Pip loves trading, loves to teach and sincerely wants us all to be in that lonely 5-10%
Barry
  • #16,063
  • Feb 7, 2016 8:06am Feb 7, 2016 8:06am
Quoting lithium1
Thanks Mr. Pip! Another great video! Before I comment about what I learned from the latest order flow video. Let me share my results trading with Structure Analysis alone for the past few days. I took total 7 trades, 3 winners, 4 losers, so the win rate was 43%, I believe this will improve with Order Flow Analysis. But the Win Lose ratio was 2.4! That's incredible! Therefore I'm in profit at the end! Now with order flow, which I believe is going to increase the win rate, I cannot imagine how my trading results is going to leap! I'm extremely excited!...
You nailed it well done!
If you fail to plan, you plan to fail.
  • #16,064
  • Feb 7, 2016 8:08am Feb 7, 2016 8:08am
Quoting lithium1
Now this is how I'm going to incorporate Order flow analysis into my trading next week. After accessing the direction of trade using Structure Analysis in 15min chart, I will zoom down to lower time frame 1min chart to access the order flow (Momentum, Projection & Depth) of the correction swing, I will enter the trade only if at least 2 out of the 3 order flow condition is getting weaker. After my expectation of a NSH or NSL is met, I will access the order flow, if 2 out of the 3 conditions is getting weaker, then exit the trade.
Music to my ears. I guess I didn't do too bad a job explaining order flow on the video.
If you fail to plan, you plan to fail.
  • #16,065
  • Feb 7, 2016 8:11am Feb 7, 2016 8:11am
​way to go Mr pip! Yet another excellent video,I watched it more than twice wealth of information and big eye opener, honestly no one can teach you this stuff for free.I owe you a drink man ​
  • #16,066
  • Feb 7, 2016 8:12am Feb 7, 2016 8:12am
Quoting Mr. Scott
{quote} Hi Mr. Pip, Thank you. You did an excellent job of presenting some difficult concepts in an understandable manner. Nice job. An excellent video and job by you presenting some very valuable lessons. However, if I may, I would like to offer some constructive criticism: 1) Avoid words like "um", "ah", "ok" 2) Eliminate empty words and sentences e.g. "so..." "What we are going to do..." 3) Do not be afraid to cut the video short. There is a lot of information there, it is ok to end it. I understand you have a lot of knowledge you wish to impart...
Thank you for the valuable feedback. It's so hard to make these videos. With the short time and the complex content that I have try to present in simple terms on the fly it's very difficult to find the words or phrases the believer content and concept that is easily understood to the newbie. I will try better. In university I once had a professor that did the same thing and I remember it driving me crazy some times. Now I do the same thing . Thank my friend.
If you fail to plan, you plan to fail.
  • #16,067
  • Feb 7, 2016 8:13am Feb 7, 2016 8:13am
Quoting lossertrader
Hi all great video mr pip thanks for helping us and sorry for posting a gbp/usd chart where I found that bear strength is increasing.Am I doing it correctly? {image}
Good job!
If you fail to plan, you plan to fail.
  • #16,068
  • Feb 7, 2016 8:15am Feb 7, 2016 8:15am
Quoting devontrader
Mr pips... Regarding your video.... Bang!!!!!!! You nailed it It waa great in content .great in the length great in amount of information. Dont rush out the 2nd part of the video so soon. To me i see only 3 things to look at to learn......watch the video 2 or 3 times and make notes it will soon be butter sliding off a hot knife. Guys there is no rush.....you can do this. As for your ah um ok moments....love it all part of the character lol love it ps....love the yellow arrows lol
Thanks Jason
If you fail to plan, you plan to fail.
  • #16,069
  • Feb 7, 2016 8:17am Feb 7, 2016 8:17am
Quoting Aj1
Superb Video Everything is falling into place Thank You
Excellent AJ looking forward to seeing everyone's work. I hope this is the best trading period! How are those crystal bars that I gave out to everyone now?
If you fail to plan, you plan to fail.
  • #16,070
  • Feb 7, 2016 8:18am Feb 7, 2016 8:18am
Quoting Georji
Hello Mr Pip again another great video that is equipped with tons of informations that is going to give seasoned traders the missing link that they are looking for to get their market analysis better, and for the newbies all that they need to get their practice without the need to look elsewhere for informations about Price action analysis. so well done sir, and as far as the presentation is concerned i agree with Devontrader that it is who you are and part of your character, so i salute you my friend and thank you for your time and efforts....
Thank you Geori have fun with it.
If you fail to plan, you plan to fail.
  • #16,071
  • Feb 7, 2016 8:20am Feb 7, 2016 8:20am
[quote=Bary;8737545]
Quoting devontrader
Mr pips... Regarding your video.... Bang!!!!!!! You nailed it As for your ah um ok moments....love it all part of the character lol love it Well said and agree!! Thanks Mr Pip for the video. What I learned from the videos so far aside from the obvious: Mr Pip loves trading, loves to teach and sincerely wants us all to be in that lonely 5-10%
Yes sir Barry. I love what I do could imagine doing anything else and I would want nothing more then to put a dent in the statistics.
If you fail to plan, you plan to fail.
  • #16,072
  • Feb 7, 2016 8:21am Feb 7, 2016 8:21am
Hello Mr Pip

Once again, amazing video !! Yea, you're right, it will need lot of time and patience to master this imo.

I've got couple of questions, lets go one by one. Now when the new expectation is established (the vertical line) we don't have information about the projection and depth of previous swing right? So, what should be our approach to access the market strength in case so as to enter long?
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  • #16,073
  • Feb 7, 2016 8:39am Feb 7, 2016 8:39am
Great video Mr. Pip!

Much clearer than the previous orderflow video!
  • #16,074
  • Feb 7, 2016 9:12am Feb 7, 2016 9:12am
Great video!.I m just very happy.Thank you for that.I feel that sth starts to make sense in my mind and the way i see my chart is different.You have analysed every little thing so good!every step was clean and clear.I will see the video again because sometimes we think we have understood sth but we haven't!!Anyway,
the thing i can't figure out is how you choose the start point to make your analysis.I saw that we compare momentum,depth,projection to the previous (momentum,depth,projection) in order to decide about future moves.So we always have to consider a previous move to find out the next,right??But there will always be a move that is before the previous move.I m not asking how much backwards we need to go,but how we decide where to put our first line to draw our first leg (when we open our chart in the morning for example).And all the characteristics of that first leg(momentum,depth,projection) are compared to what in order to decide??
learn more , earn more
  • #16,075
  • Feb 7, 2016 9:38am Feb 7, 2016 9:38am
@hovedguy: I think that on the right side of your chart is a mistake. The "depth" is far as I have understood the height of the correction. Hence, it should be the height of your "NSH" to "HL" and the projection is the height of previous low to next low. Hence it should be the height from your "NSL" to "HL".

In case that I am wrong please correct me. I am also learning and this is also new for me.
  • #16,076
  • Feb 7, 2016 10:00am Feb 7, 2016 10:00am
Love the new video, Mr. Pip!

I have a question on Momentum. I understand that Projection and Depth will be identical no matter what chart type or timeframe you use. Because that is based on how far price has moved, and that won't change. However, the Momentum would "look" differently on your 233 tick chart as opposed to my 10 minute chart. Or even someone else's 5 minute or 15 minute. Your 233 tick chart Momentum might be showing a weakening when my 10 minute is showing a strengthening, or vice versa. How do we overcome that? It seems to me like there would be more times than not when both of our charts are telling us a different story and possibly giving us alternate signals. We would always see the Depth and Projection the same, but it concerns me that if we need all 3 to accurately determine the course of things, and we are possibly looking at different things for Momentum, it would hurt one of us. :-)
Markets can remain irrational longer than you can remain solvent - JMK
  • #16,077
  • Feb 7, 2016 10:05am Feb 7, 2016 10:05am
Damian,
On structural analysis you marked the high or low close levels with horizontal lines to show those levels that will either hold or break.
In the order flow analysis video, you took the swing highs and swing lows (wicks included) for projection, momentum and depth.
Is order flow analysis a generalized percentile reading on the degree of strength or weakness of expectations and therefore less specific than structure?
  • #16,078
  • Feb 7, 2016 10:52am Feb 7, 2016 10:52am
Quoting Mr. Pip
{quote} Excellent AJ looking forward to seeing everyone's work. I hope this is the best trading period! How are those crystal bars that I gave out to everyone now?

Damian would it be possible to post 5 min Eur charts for analysis.

Regards
Aj1
  • #16,079
  • Feb 7, 2016 10:54am Feb 7, 2016 10:54am
Great Video again, Damian.

Thank you for that, and for all the aahm and so on.
That's you.
Never change that !

Of course, Mr. Scotty was only meaning it good, we all know that, but well, I think most of us likes that.
You are not only a great teacher, but a very nice person too.

Long time not posting here.
Well, I guess it is time to change that.

Interesting to realize how actually the Trading Journey teaches us that to be able to learn more we need to make things as simple as possible.
No indis, no getting crazy about small details, nothing else than just following Price.

Beauty is in Simplicity, says someone I am learning from too.

Success probably too, as well as in knowing WHY, WHAT, WHEN and HOW to do any step.

Will post my views with pleasure in the next days.

Thanks again for your Time and Efforts.

Tons to learn from you, Master Jedi
  • #16,080
  • Feb 7, 2016 10:56am Feb 7, 2016 10:56am
Quoting Aj1
{quote} Damian would it be possible to post 5 min Eur charts for analysis. Regards Aj1
That would be fine if you think it will help you best. I love I'll be back in about an hour or so to answer the questions posted. I've been out with the family.
If you fail to plan, you plan to fail.
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