Ratios & Harmonics: a Different Way to Trade

Quoting Mr. Pip

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{quote} Hello Gaston, sorry for the delay but I wanted to answer you with a chart as it is easier to point things out with a visual. I believe I have addressed the questions if not please ask and post again. {image}

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Quoting Mr. Pip

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I will do a live stream again soon in a few weeks. I want this thread to come alive again and participation increase to make it worth while and have as many people as possible join and benefit. How does this sound?

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Quoting buzznack

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Great to see you back Mr Pip and Rocky i have learnt much from you guys. Does anyone on this thread apply this strategy to MT4 platform. I do not have Ninja trader and i struggle to follow as my charts look so different to the tick chart. Being a part time trader i cant justify the cost of Ninja trader at the moment. If anyone uses this on MT4 i would love to see there charts as well. Great work though to all the participants wish i could contribute more.

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Quoting rocky

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{quote} {image}

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Quoting x3m-PippiN

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Nice trade, Jmezz! I like the reasoning behind your entry. I was looking at crude oil today (987 volume chart) and wasn't paying attention to the YM chart that much. Ended the session with no trade because I didn't like the strength of the bearish candles above the arrow. I'm uploading the chart ( I know we should stick to YM and that's why I don't contribute much) to show the strength of harmonics. What lesson did I receive from missing opportunities on YM and CL today ? ... Don't try to sit on two chairs at the same time cause you'll end up on...

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Quoting Mr. Pip

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{quote} That will never work. The lagging nature of the indicator will always have you at odds with the present. They indicator and the present are always on different pages. Find a signal that you feel comfortable with whether it's a pin, hammer, engulfing or a combination of two or three candle formations but not the indicator. Taking the time to learn PA from a Bar by Bar perspective will improve your timing and put you light years ahead of the crowed. Role up your sleeves and read until you eyes fall out of your head. God knows I've had to pick...

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Quoting jmezz

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{quote} Rocky, If you find yourself with some free time today do you think you can post up a footprint chart of YM from 10:50 til around 12pm (gold box in image)? I was thinking of getting long on the rotation up off 18105 but because of the complex correction I was apprehensive. My reasoning was that there'd be stops above 18132 from new initiation sellers on each of the down swings. Price was unable to break to a new low so I figured those shorts were now trapped. There was a strong move out of that box but am interested to see how the order flow...

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Quoting Mr. Pip

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Hello Traders, Today was tough for me I have to do back slap myself for impulsively taking my second trade but we all have those days. It started out ugly but managed to fix it up a bit. This is the importance of trading with good RR. I had my first two trades lose 75 points (ouch) that stung but we have to leave that in the past and take our trades regardless of the past outcomes. The third trade gave 51 points almost erasing the first two. Overall felt I should have done better but it is what it is. I will be back later to catch up and answer...

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Quoting jmezz

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{quote} I was looking at that same long as well but didn't think the selling was going to be over, and we were close to #'s so I didn't want to chance it. Trade 3 is beautiful though, you took the entire swing . One thing for sure, when trades run you certainly know how to squeeze almost every bit out of them.

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Quoting Trappist

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{quote} Hello Rocky, nice to see you again. Could you please share some charts with text describing your decision process as you used to do 5 years ago at your thread? I would like to see which tools you still use. (Market profile, vsa, orderflow, pitchfork....) Which orderflow tool do you prefer using jigsaw or ofa ? Have you not get tired by making money and using the market as ATM machine ? Don't you have any plans to teach your strategy for some rookies in Us or Europe ?

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Quoting Mr. Pip

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{quote} I don't want to complicate the answer but overall I knew this was a very strong area of support and the buyers in the past have defended this area very well. However it came under a ferocious attack this morning and the initial response was not to impressive producing a three drive harmonically balance up and then the market produced a NSL on the immediate order flow with great bar by bar strength. In the oval I saw both buying and selling pressure but I did not get the rotation I wanted to see until my entry. Although there was significant...

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Quoting jmezz

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YM +22 Notes on chart. {image}

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