Ratios & Harmonics: a Different Way to Trade | Page 826 | 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

  • #16,501
  • Feb 16, 2016 10:54am Feb 16, 2016 10:54am
I'm glad to see all these traders in here! I hope everyone is benefiting form it!
If you fail to plan, you plan to fail.
  • #16,502
  • Feb 16, 2016 11:09am Feb 16, 2016 11:09am
GBPJPY trade based on order flow and harmonic analysis
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM1_16feb16.png Size: 29 KB
  • #16,503
  • Feb 16, 2016 12:41pm Feb 16, 2016 12:41pm
Quoting arvindeept
GBPJPY trade based on order flow and harmonic analysis {image}
Is that NSL or test ??
Even though I walk through the darkest valley, I will fear no evil
  • #16,504
  • Feb 16, 2016 12:44pm Feb 16, 2016 12:44pm
Quoting monocor
{quote} Is that NSL or test ??
would like to know your view.....i suppose its a new low.....
  • #16,505
  • Feb 16, 2016 1:04pm Feb 16, 2016 1:04pm
Mr Pip / Experts

Could you help me in making the judgement where shall I enter, 38 or 68% or avoid it ?

Edit - Missed 2 top wicks to incorporate, but it will not change much calculation.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 98 KB
  • #16,506
  • Feb 16, 2016 1:23pm Feb 16, 2016 1:23pm
Quoting monocor
{quote} Is that NSL or test ??
It closed below previous close, hence a NSL. The wick is important when determining harmonics (1:1 etc), fibs and in order flow analysis. It does not affect structure analysis, then you go by the close.

Excellent video Mr. Pip, watched it twice this morning but will most likely see it again. Im really eager to trade my real account but sticking with my plan to only paper trade till I got my diploma from Mr. Pips School of Harmonics That and I also need to dig down into the smooth ratio money management.

rolandW, thanks for the book. Will be a good read.
Rise and rise again until lambs become lions
  • #16,507
  • Feb 16, 2016 2:01pm Feb 16, 2016 2:01pm
Quoting Mr_Burns
{quote} It closed below previous close, hence a NSL. The wick is important when determining harmonics (1:1 etc), fibs and in order flow analysis. It does not affect structure analysis, then you go by the close. Excellent video Mr. Pip, watched it twice this morning but will most likely see it again. Im really eager to trade my real account but sticking with my plan to only paper trade till I got my diploma from Mr. Pips School of Harmonics That and I also need to dig down into the smooth ratio money management. rolandW, thanks for the book. Will...
As I unferstand, in structure, close is important. Price didnt close below previous low, so it test of low.

I think it is question to mr. pip, about close, I hope he will help to clear it.

Price should close below previous close, or close below Low, to have NSL
Even though I walk through the darkest valley, I will fear no evil
  • #16,508
  • Feb 16, 2016 2:10pm Feb 16, 2016 2:10pm
Quoting hovedguy
Mr Pip / Experts Could you help me in making the judgement where shall I enter, 38 or 68% or avoid it ? Edit - Missed 2 top wicks to incorporate, but it will not change much calculation. {image}
You have previous Nsh at 61, it is more logical to buy. Which dision did you make ???
Even though I walk through the darkest valley, I will fear no evil
  • #16,509
  • Feb 16, 2016 2:18pm Feb 16, 2016 2:18pm
Quoting monocor
{quote} You have previous Nsh at 61, it is more logical to buy. Which dision did you make ???
Today cooking for my wife, came back and saw order filled
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 78 KB
  • #16,510
  • Feb 16, 2016 2:19pm Feb 16, 2016 2:19pm
Quoting monocor
{quote} Is that NSL or test ??
It is a NSL
If you fail to plan, you plan to fail.
  • #16,511
  • Feb 16, 2016 2:21pm Feb 16, 2016 2:21pm
Quoting hovedguy
Mr Pip / Experts Could you help me in making the judgement where shall I enter, 38 or 68% or avoid it ? Edit - Missed 2 top wicks to incorporate, but it will not change much calculation. {image}
I would expected for a deeper correction The bears came in with some interest. Price may very well correct deeper.
If you fail to plan, you plan to fail.
  • #16,512
  • Feb 16, 2016 2:23pm Feb 16, 2016 2:23pm
Quoting Mr_Burns
{quote} It closed below previous close, hence a NSL. The wick is important when determining harmonics (1:1 etc), fibs and in order flow analysis. It does not affect structure analysis, then you go by the close. Excellent video Mr. Pip, watched it twice this morning but will most likely see it again. Im really eager to trade my real account but sticking with my plan to only paper trade till I got my diploma from Mr. Pips School of Harmonics That and I also need to dig down into the smooth ratio money management. rolandW, thanks for the book. Will...
LOL OK
If you fail to plan, you plan to fail.
  • #16,513
  • Feb 16, 2016 2:24pm Feb 16, 2016 2:24pm
Quoting monocor
{quote} As I unferstand, in structure, close is important. Price didnt close below previous low, so it test of low. I think it is question to mr. pip, about close, I hope he will help to clear it. Price should close below previous close, or close below Low, to have NSL
Yes and I believe it did close below the previous close unless I saw wrong.
If you fail to plan, you plan to fail.
  • #16,514
  • Feb 16, 2016 2:25pm Feb 16, 2016 2:25pm
Quoting hovedguy
{quote} Today cooking for my wife, came back and saw order filled {image}
Your profit expectation is unrealistic.
If you fail to plan, you plan to fail.
  • #16,515
  • Feb 16, 2016 2:27pm Feb 16, 2016 2:27pm
Quoting Mr. Pip
{quote} I would expected for a deeper correction The bears came in with some interest. Price may very well correct deeper.
So, I think I need to wait for bar by bar analysis video then Is it possible to make any judgement with limited arsenal we've acquired?

I am confused upon one thing. you said that price making 127% retracement the minimum criteria to expect that the trend is healthy. I have derived it as 127 % is minimum strength of the trend ( when I placed the limit order) whereas 168% is strong. is it correct?
  • #16,516
  • Feb 16, 2016 2:29pm Feb 16, 2016 2:29pm
Quoting Mr. Pip
{quote} Your profit expectation is unrealistic.
Oh.. sorry forgot to mention, I do trail....that's the ultimate TP
  • #16,517
  • Feb 16, 2016 2:31pm Feb 16, 2016 2:31pm
Quoting hovedguy
{quote} Today cooking for my wife, came back and saw order filled {image}
Why your tp is so high ?
I would be looking for 127-138.
Even though I walk through the darkest valley, I will fear no evil
  • #16,518
  • Feb 16, 2016 2:33pm Feb 16, 2016 2:33pm
Quoting monocor
{quote} Why your tp is so high ? I would be looking for 127-138.
Here are my settings..... we haven't covered the MM yet, so using my own rules

Edit - I do change the static SL based upon swing high or low
Attached Images
  • #16,519
  • Feb 16, 2016 2:37pm Feb 16, 2016 2:37pm
Quoting hovedguy
{quote} Here are my settings..... we haven't covered the MM yet, so using my own rules {image} {image}
I see, and how is it ?? Do you have bigger profit with trailing stop ?
Even though I walk through the darkest valley, I will fear no evil
  • #16,520
  • Feb 16, 2016 2:43pm Feb 16, 2016 2:43pm
Quoting monocor
{quote} I see, and how is it ?? Do you have bigger profit with trailing stop ?
I use stop loss of 20 ticks when in profit of 30 ticks and the stop loss updates in each 5 ticks I go in profit..
4 traders viewing now