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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

  • #17,781
  • Mar 3, 2016 9:20am Mar 3, 2016 9:20am
Quoting Earleone
{quote} Why dont you use Mr Pips trading management as shown in the trade management video. It is mechanical and it is easyer to put the feelings away . Even if they still are there just tell that This is my trade management and how I handle. I trail / lock to BE and it is TP or trail stop.
I will. i'll keep things as mechanical as possible. anyway, my last trade for the day. let's hope it goes straight to target this one.
Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-16 (233 Tick) 03_03_2016_third trade.jpg Size: 130 KB
  • #17,782
  • Mar 3, 2016 9:26am Mar 3, 2016 9:26am
Quoting ujku80
{quote} I will. i'll keep things as mechanical as possible. anyway, my last trade for the day. let's hope it goes straight to target this one. {image}
I am with you
Attached Image (click to enlarge)
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  • #17,783
  • Mar 3, 2016 9:31am Mar 3, 2016 9:31am
Quoting hovedguy
{quote} I am with you {image}
i'm reducing my risk a bit here. it shouldn't go up if we're right.
  • #17,784
  • Mar 3, 2016 9:36am Mar 3, 2016 9:36am
Quoting ujku80
{quote} i'm reducing my risk a bit here. it shouldn't go up if we're right.
I will bring it down to BE when price hits the major swing low.

Crappy correction its having now
  • #17,785
  • Mar 3, 2016 9:37am Mar 3, 2016 9:37am
hm...the market is behaving weird lately. i'm not getting it. i don't like this PA u know.
  • #17,786
  • Mar 3, 2016 9:39am Mar 3, 2016 9:39am
Quoting hovedguy
{quote} I will bring it down to BE when price hits the major swing low. Crappy correction its having now
yeah, i was preparing myself to move SL to BE but it turned direction.

it might want to test the zone again.
  • #17,787
  • Mar 3, 2016 9:40am Mar 3, 2016 9:40am
Quoting Earleone
{quote} Why dont you use Mr Pips trading management as shown in the trade management video. It is mechanical and it is easyer to put the feelings away . Even if they still are there just tell that This is my trade management and how I handle. I trail / lock to BE and it is TP or trail stop.

Which page is the Mr Pip trade mangement
  • #17,788
  • Mar 3, 2016 9:43am Mar 3, 2016 9:43am
Quoting DonFF
{quote} Which page is the Mr Pip trade mangement
https://youtu.be/xjbp9CbEUlE
  • #17,789
  • Mar 3, 2016 9:45am Mar 3, 2016 9:45am
Quoting ujku80
{quote} yeah, i was preparing myself to move SL to BE but it turned direction. it might want to test the zone again.
looks like that...just don't make a nsl in short term ....
  • #17,790
  • Mar 3, 2016 9:46am Mar 3, 2016 9:46am
Quoting hovedguy
{quote} I will bring it down to BE when price hits the major swing low. Crappy correction its having now
and to think that it was 24 points in my favor....ah i'm gonna shot those fat cats
  • #17,791
  • Mar 3, 2016 9:55am Mar 3, 2016 9:55am
well i guess that's why i have a better w/l ratio with EU. This old bitch has been beaten so many times by so many traders that all u have to do is ask where it is headed and it will show you. u know what i'm talking about. EU is tamed and tired...doesnt nag so much u know. YM is young and pretty and it's playing hard to get. we got work to do with it...
Attached Image (click to enlarge)
Click to Enlarge Name: 6E 03-16 (233 Tick) 03_03_2016_fourth trade.jpg Size: 131 KB
  • #17,792
  • Mar 3, 2016 10:09am Mar 3, 2016 10:09am
it's 7:10 pm here, and i'm still at my office stuck with two trades. feeling to close them and start fresh tomorrow.
  • #17,793
  • Mar 3, 2016 10:17am Mar 3, 2016 10:17am
update on YM
Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-16 (233 Tick) 03_03_2016_third trade update.jpg Size: 134 KB
  • #17,794
  • Mar 3, 2016 10:18am Mar 3, 2016 10:18am
Quoting ujku80
{quote} https://youtu.be/xjbp9CbEUlE

Thank You
  • #17,795
  • Mar 3, 2016 10:23am Mar 3, 2016 10:23am
Quoting DonFF
{quote} Thank You
no problem.

closed EU with +6 profit, YM is about to get stopped out. Screw this bitch. see u guys tomorrow.
  • #17,796
  • Mar 3, 2016 10:24am Mar 3, 2016 10:24am
Quoting ujku80
update on YM {image}
SL Hit
  • #17,797
  • Mar 3, 2016 11:03am Mar 3, 2016 11:03am
Attached Image (click to enlarge)
Click to Enlarge Name: CL 04-16 (233 Tick) 3_3_2016.jpg Size: 174 KB
  • #17,798
  • Edited 12:26pm Mar 3, 2016 11:27am | Edited 12:26pm
Mr Pip trade management keep me in this ones. Trail from swing to swing Target is fib ext 23.2 last main swing and NSH for both. Trail may take me out before.

Update: Was taken out at the trail It is ok. And as Mr Pip explained in video there is good possibilitys for re-entries if taken out. It was in this case but to late in session for me to take any new entries.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: $GBPUSD (62 Tick) 03_03_2016.jpg Size: 89 KB
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Trading in the shadow of SM
  • #17,799
  • Mar 3, 2016 2:34pm Mar 3, 2016 2:34pm
Dear Mr. Pip,

I hope that it went better today. (?)

Since I cannot trade a lot due to time restrictions caused by my job, I really appreciate if those posting their trades keeps doing it. I still learn from those charts.
  • #17,800
  • Mar 3, 2016 3:19pm Mar 3, 2016 3:19pm
Quoting rocky
{image}
Attached Image (click to enlarge)
Click to Enlarge Name: CL 04-16 (233 Tick) 3_3_2016.jpg Size: 190 KB
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