yay here we go 
Ratios & Harmonics: a Different Way to Trade
- #17,363
- Edited 12:41pm Feb 26, 2016 12:05pm | Edited 12:41pm
- | Joined Jan 2016 | Status: Trader | 1,719 Posts
{quote} maybe you want to do the streaming via a skype group. You can easily define a group and post screenshots. Caht functionality is also given. It would also save me internet volume, because during the week my computer is mostly connected via mobile phone
Youtube also has chat functionality, and I believe the stream will instantly upload to his channel afterwords. That way everyone who missed it can watch it.
I've seen Skype calls on Youtube, but the majority of them are crappy quality.
- #17,365
- Feb 26, 2016 1:08pm Feb 26, 2016 1:08pm
- | Membership Revoked | Joined Jul 2010 | 9,273 Posts
{quote} Boooo, I vote Youtube.
If you fail to plan, you plan to fail.
{quote} It will be Via YouTube. I have made a video explaining my trades today since the question was asked. It is rendering. I'm going to take care of a couple of things and will upload it when I return about 2 hours or so so keep an eye out.
Awesome!I'll be having a blast painting a baby room
. I don't think the wife will understand if I tell her "I have to watch Mr. Pips video first." 
- #17,367
- Feb 26, 2016 3:07pm Feb 26, 2016 3:07pm
- | Membership Revoked | Joined Jul 2010 | 9,273 Posts
{quote}
It's uploading to YouTube so about 20 more min to finish painting. If you fail to plan, you plan to fail.
- #17,368
- Feb 26, 2016 3:23pm Feb 26, 2016 3:23pm
- | Membership Revoked | Joined Jul 2010 | 9,273 Posts
If you fail to plan, you plan to fail.
- #17,369
- Feb 26, 2016 4:34pm Feb 26, 2016 4:34pm
Okay today's trade examination. https://youtu.be/ejej2cuRUZ8
Thanks for the detailed explanation. It helps to understand your thought process. I must admit that given the tight correlation of ES, NQ and YM to Crude Oil and the fact CL was right at the door of a huge supply zone my thesis was since CL is at an extreme and near resistance a retracement is a real possibility (high probability) and it should drag the ES, NQ and YM down.
I know you are not in this type of analysis but i just wanted to post this image to clarify my thesis:
- #17,370
- Feb 26, 2016 5:38pm Feb 26, 2016 5:38pm
- Joined Jun 2013 | Status: Master chaos and you master trading | 11,287 Posts
Okay today's trade examination. https://youtu.be/ejej2cuRUZ8
I think its crucial to continue to be dynamic in your approach to reading price and making any adjustments as you see them.
Great video and well explained.
ps. Nice to hear you mention that you won't hold it against traders if they apply trendlines. I find them very useful if used correctly meaning that you need to see price respect the lines otherwise it makes no sense at all to use them. As always apply them correctly and only if required!
Masterrmind..........
Master your Mind then Master your Trades
- #17,371
- Feb 26, 2016 5:52pm Feb 26, 2016 5:52pm
- | Membership Revoked | Joined Jul 2010 | 9,273 Posts
{quote} Great run through on your 2 trades Damian especially the adjustment of your S+R zone to re-align with price behavior on your chart. I think its crucial to continue to be dynamic in your approach to reading price and making any adjustments as you see them. Great video and well explained. ps. Nice to hear you mention that you won't hold it against traders if they apply trendlines. I find them very useful if used correctly meaning that you need to see price respect the lines otherwise it makes no sense at all to use them. As always apply them...
If you fail to plan, you plan to fail.
- #17,372
- Feb 26, 2016 6:11pm Feb 26, 2016 6:11pm
- Joined Jun 2013 | Status: Master chaos and you master trading | 11,287 Posts
{quote} Thank you, I agree completely on the trend lines just because I don't use them doesn't mean they don't hold value. But like every tool in our tool box if used incorrectly injuries can and will occur. I didn't want to mention it or get into detail. But the trend line mentioned in this particular case would have been one of those probably used improperly since it would not have taken into account the previous high. You have more experience then me with that so I might not be completely right on that. Also you just don't really know when they...
One last point of interest on the trendlines is traders are often far too tempted to apply break-out strategies on the smallest pip distance be it the closing of a candle or what have you and then wonder what went wrong when price decides to reverse only a handful of pips down and come screaming back inside the channel! They need to look at the whole picture and as you have mentioned many times its far more important to continue to follow price by both forming an expectation and realistically updating that expectation if the price action suggests something different.
Your thread is enjoyable and stimulating!
Masterrmind...........
Master your Mind then Master your Trades
- #17,373
- Feb 26, 2016 6:16pm Feb 26, 2016 6:16pm
- | Membership Revoked | Joined Jul 2010 | 9,273 Posts
{quote} Thank you for generously offering your time and providing hugely valuable information freely to the trading community. One last point of interest on the trendlines is traders are often far too tempted to apply break-out strategies on the smallest pip distance be it the closing of a candle or what have you and then wonder what went wrong when price decides to reverse only a handful of pips down and come screaming back inside the channel! They need to look at the whole picture and as you have mentioned many times its far more important to...
If you fail to plan, you plan to fail.
- #17,378
- Feb 27, 2016 5:03am Feb 27, 2016 5:03am
- | Membership Revoked | Joined Jul 2010 | 9,273 Posts
If you fail to plan, you plan to fail.
- #17,379
- Feb 27, 2016 5:05am Feb 27, 2016 5:05am
- | Membership Revoked | Joined Jul 2010 | 9,273 Posts
If you fail to plan, you plan to fail.
- #17,380
- Feb 27, 2016 5:13am Feb 27, 2016 5:13am
- | Membership Revoked | Joined Jul 2010 | 9,273 Posts
If you fail to plan, you plan to fail.