Ratios & Harmonics: a Different Way to Trade

Quoting Ren1058

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Same trade but entered a bit earlier {image}

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Quoting skyline

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{quote} Lol MJ are you looking at my MT4 ?? Same trade opened {image}

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Quoting stavrogijn

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How many trade setups are you guys getting and how much time are u looking for daily? I am really wondering how Mr.Pip does get enough setups to trade 2-3 hours per day. I am increasing position size a bit lately and am getting (ever so slightly) better to evaluate the probability of setups - but with weeding out the bad setups there are only so few left... I am sitting i front of the computer all day and maybe find 2-4. If I sat there 2-3 hours I would get 1 if I am lucky .

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Quoting mjgoldtrader

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{quote} Hahaha yah i hacked ur mt4 password LOL )

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Quoting jmezz

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{quote} What are you trading, what time frame, and what session? On ES and YM I do see a quite a few opportunities within the first 2hours of the New York RTH session. However I like to focus on the setups that pullback to the 61.8, which a lot of them don't go that far so I do miss out. I also avoid setups if the stop placement exceeds the amount I'm willing to risk per setup.

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Quoting jmezz

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8 pts on YM and think I'm calling it a day here. FOMC days are hard not to get fk'd on. {image}

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Quoting skyline

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{quote} Btw trade is still alive, sl wasn't hit by few pips SL is handled automatically by my little EA that move stoploss whenever price hit a Fibo level

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Quoting Hazza88

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{quote} Which candle exactly did you take the trade on?

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Quoting jmezz

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{quote} 2 trades - 1 for 3 pts then 1 for 5 pts. Once I see a rotation bar at a level I'm comfortable with, I will try to enter on the very open of the next bar. I'm sitting there watching the tick counter count down and once it gets to about 10 left, I will watch the candle to see that the chart 'skips' and a new line is created. It's very hard to time sometimes such as today when things are a bit more volatile. You can see the slippage. Also you can see the initial 1:1 played out. In hindsight there were a couple good opportunities however I'm...

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Quoting Hazza88

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{quote} How do you find this in comparison to the 233?

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Quoting Ren1058

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Day worked out well +56.6 points over 3 trades. no losses. {image}

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Quoting evocpr19

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{quote} Congrats. Could you please explain your motivation for taking the first trade at that point.

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