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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

  • #17,001
  • Feb 23, 2016 7:34am Feb 23, 2016 7:34am
Passing up on this not sure it's not done correcting and the RR sucks.
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If you fail to plan, you plan to fail.
  • #17,002
  • Feb 23, 2016 7:41am Feb 23, 2016 7:41am
I hope the live trades I put help and validate everything I am presenting here. It's tough to do this in real time. So if it's not that critical to you all I can stop.
If you fail to plan, you plan to fail.
  • #17,003
  • Feb 23, 2016 7:50am Feb 23, 2016 7:50am
Quoting Mr. Pip
I hope the live trades I put help and validate everything I am presenting here. It's tough to do this in real time. So if it's not that critical to you all I can stop.
Hi Mr.Pip,
I'm finding seeing some live trades useful. Doesn't have to be everyday, but seeing them occasionally is great. I've been following the YM closely and it lets me compare what I'm thinking/doing vs what you are doing/thinking. It lets me see that my thought process is hopefully heading in the right direction.

Great last video also. Cheers.

Tom
  • #17,004
  • Feb 23, 2016 7:56am Feb 23, 2016 7:56am
Quoting tatts2020
{quote} Hi Mr.Pip, I'm finding seeing some live trades useful. Doesn't have to be everyday, but seeing them occasionally is great. I've been following the YM closely and it lets me compare what I'm thinking/doing vs what you are doing/thinking. It lets me see that my thought process is hopefully heading in the right direction. Great last video also. Cheers. Tom
OK Tom thanks for the input.
If you fail to plan, you plan to fail.
  • #17,005
  • Feb 23, 2016 7:59am Feb 23, 2016 7:59am
Quoting Mr. Pip
I hope the live trades I put help and validate everything I am presenting here. It's tough to do this in real time. So if it's not that critical to you all I can stop.
Please keep them coming, great asset to cross check my analysis.
  • #17,006
  • Feb 23, 2016 8:04am Feb 23, 2016 8:04am
Well that short that I passed up on would have worked nicely but the RR was not there
If you fail to plan, you plan to fail.
  • #17,007
  • Feb 23, 2016 8:07am Feb 23, 2016 8:07am
I watched your supply demand video Mr Pips and was able to implement my new found knowledge into these 2 trades 1/ a short at supply and 2 a long at the .76 retracement of that move noticing the strong momentum approaching that area, as you outlined, target was 1.27 ext where AB=CD. just 14 pips but great fun, Many thanks you may be weaning me off renko as I miss a lot of these nuances using renko. Cheers
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  • #17,008
  • Feb 23, 2016 8:13am Feb 23, 2016 8:13am
Price is respecting zones! EURUSD 166 tick. shows my trade for the day +14 pips. And then a complex correction, hitting some zones along the way. Then price made a NSH and is trying to make another one, but hitting another longer term zone.
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Markets can remain irrational longer than you can remain solvent - JMK
  • #17,009
  • Feb 23, 2016 8:15am Feb 23, 2016 8:15am
Quoting Ren1058
I watched your supply demand video Mr Pips and was able to implement my new found knowledge into these 2 trades 1/ a short at supply and 2 a long at the .76 retracement of that move noticing the strong momentum approaching that area, as you outlined, target was 1.27 ext where AB=CD. just 14 pips but great fun, Many thanks you may be weaning me off renko as I miss a lot of these nuances using renko. Cheers {image}
Awesome Ren!!
If you fail to plan, you plan to fail.
  • #17,010
  • Feb 23, 2016 8:16am Feb 23, 2016 8:16am
Quoting Timwelch
Price is respecting zones! EURUSD 166 tick. shows my trade for the day +14 pips. And then a complex correction, hitting some zones along the way. Then price made a NSH and is trying to make another one, but hitting another longer term zone. {image}
Beautiful isn't it?
If you fail to plan, you plan to fail.
  • #17,011
  • Feb 23, 2016 8:23am Feb 23, 2016 8:23am
+6 only by taking advantage of supply demand
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  • #17,012
  • Feb 23, 2016 8:24am Feb 23, 2016 8:24am
Which of the 2 momentum lines ive drawn on my chart is the correct one to draw from the NSL at the bottom? Is it from the point the NSL was formed or the most recent HL swing?

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  • #17,013
  • Feb 23, 2016 8:26am Feb 23, 2016 8:26am
Quoting Hazza88
Which of the 2 momentum lines ive drawn on my chart is the correct one to draw from the NSL at the bottom? Is it from the point the NSL was formed or the most recent HL swing? {image}
The next swing low after your NSL...funny I had the same question.
  • #17,014
  • Feb 23, 2016 8:46am Feb 23, 2016 8:46am
Quoting hovedguy
{quote} The next swing low after your NSL...funny I had the same question.
Oh really? could you explain why its that swing and neither of the following 2?
  • #17,015
  • Feb 23, 2016 8:53am Feb 23, 2016 8:53am
Quoting Hazza88
Which of the 2 momentum lines ive drawn on my chart is the correct one to draw from the NSL at the bottom? Is it from the point the NSL was formed or the most recent HL swing? {image}
They are both good one represents the general order flow and the other the short term order flow.
If you fail to plan, you plan to fail.
  • #17,016
  • Feb 23, 2016 8:59am Feb 23, 2016 8:59am
Look how the zones held up today
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If you fail to plan, you plan to fail.
  • #17,017
  • Feb 23, 2016 8:59am Feb 23, 2016 8:59am
Quoting Mr. Pip
{quote} They are both good one represents the general order flow and the other the short term order flow.
Ok thanks, and could i draw my fibocacci from both of those for the same reason?
  • #17,018
  • Feb 23, 2016 9:02am Feb 23, 2016 9:02am
Quoting Hazza88
{quote} Ok thanks, and could i draw my fibocacci from both of those for the same reason?
I don't see why not if you are looking for ratio confluence.
If you fail to plan, you plan to fail.
  • #17,019
  • Feb 23, 2016 9:08am Feb 23, 2016 9:08am
Quoting Hazza88
{quote} Oh really? could you explain why its that swing and neither of the following 2?
I know its not enough.

Edit: Oh.. I see Mr. Pip answered it already
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  • #17,020
  • Feb 23, 2016 9:16am Feb 23, 2016 9:16am
Quoting Mr. Pip
Look how the zones held up today {image}
Very powerful tool...it gave me an entry, else wouldn't dare to go against the bull power at this level.
Attached Image
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