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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

  • #20,861
  • Nov 1, 2016 10:08am Nov 1, 2016 10:08am
Quoting evocpr19
{quote} We made a weak NSH. Moreover rejection on the retest. I would tend on a harmonic move down. Maybe, someone else could give his view.
that was spot on, thanks
I follow only one person and his strategies...
  • #20,862
  • Nov 1, 2016 10:36am Nov 1, 2016 10:36am
My trade for the day so far. out at +5
Attached Image (click to enlarge)
Click to Enlarge Name: YM 12-16 (233 Tick) 11_1_2016 1.jpg Size: 110 KB
If you fail to plan, you plan to fail.
  • #20,863
  • Nov 1, 2016 11:04am Nov 1, 2016 11:04am
Quoting Mr. Pip
My trade for the day so far. out at +5 {image}
On my CFD chart the lowest was so far 10086. Ok there appears to exist big differences between the values in CFD and Futures

I am looking for a reversal entry, but appears not like likely to happen.
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  • #20,864
  • Nov 1, 2016 11:08am Nov 1, 2016 11:08am
Well price came up to take me out to then come back down to expectations and the 1:1 it happens.
If you fail to plan, you plan to fail.
  • #20,865
  • Nov 1, 2016 11:15am Nov 1, 2016 11:15am
Quoting chotabheem
{quote} that was spot on, thanks
unfortunately I did not go short at that time.
  • #20,866
  • Nov 1, 2016 11:22am Nov 1, 2016 11:22am
Quoting Mr. Pip
Well price came up to take me out to then come back down to expectations and the 1:1 it happens.
Did you take a short then?
  • #20,867
  • Nov 1, 2016 11:28am Nov 1, 2016 11:28am
Quoting Mr. Pip
Hello Traders, Here is my outlook for the evening hours and into tomorrow morning. With the US elections on our door step the YM is expected to stay in this broader rage between 18200 and 17980 through the middle of next week. The Gardley Pattern is still in play however it's anyone's guess if it will complete anytime prior to the elections or if at all. Today's range was much tighter and I expect for the market to find buyer looking to take price higher at 18050 with sellers ready to defend 18107. The sellers have been more efficient then the buyers...
Nice projection of future PA on the 3rd chart.

Similar to mine. Its nice to see 2 great minds think a like. Currently Bears looking strong tho. Looking for weakness

Attached Image (click to enlarge)
Click to Enlarge Name: Chart.png Size: 96 KB
  • #20,868
  • Nov 1, 2016 11:31am Nov 1, 2016 11:31am
Quoting evocpr19
{quote} Did you take a short then?
I did not take the short like a punk so ended up with only 5 points. I'm only trading 4 contracts through the elections because of the crappy market but these last few days we have had better price action. The overnight analysis was pretty spot on I will post the chart and then the followup. I did not get any comments. Am I wasting my time here? I would like to see more participation. Remember I would like to have lots of traders for the live stream. Lets pick it up!!! Here is the chart from the analysis and then the one from early this morning when I got up.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: YM 12-16 (233 Tick) 10_31_2016.jpg Size: 144 KB
Click to Enlarge Name: YM 12-16 (233 Tick) 11_1_2016.jpg Size: 142 KB
If you fail to plan, you plan to fail.
  • #20,869
  • Nov 1, 2016 11:35am Nov 1, 2016 11:35am
Quoting Mr. Pip
{quote} I did not take the short like a punk so ended up with only 5 points. I'm only trading 4 contracts through the elections because of the crappy market but these last few days we have had better price action. The overnight analysis was pretty spot on I will post the chart and then the followup. I did not get any comments. Am I wasting my time here? I would like to see more participation. Remember I would like to have lots of traders for the live stream. Lets pick it up!!! Here is the chart from the analysis and then the one from early this...
You are not wasting your time. I tried to project the lines on my charts and was a bit confused because of the numbers. Now I know why.

Moreover, maybe it is only a problem of me but I find chart reading not easy these days (elections)
  • #20,870
  • Nov 1, 2016 11:37am Nov 1, 2016 11:37am
Quoting evocpr19
{quote} unfortunately I did not go short at that time.
but still, your view was in alignment with what was going on and that was a mighty big fall.
cheers.
I follow only one person and his strategies...
  • #20,871
  • Nov 1, 2016 11:46am Nov 1, 2016 11:46am
Quoting Mr. Pip
{quote} I did not take the short like a punk so ended up with only 5 points. I'm only trading 4 contracts through the elections because of the crappy market but these last few days we have had better price action. The overnight analysis was pretty spot on I will post the chart and then the followup. I did not get any comments. Am I wasting my time here? I would like to see more participation. Remember I would like to have lots of traders for the live stream. Lets pick it up!!! Here is the chart from the analysis and then the one from early this...
You are not wasting your time Mr.Pip. Live stream would be awesome (waiting for it).
Am closely following you Mr.Pip, and appreciate all the charts you are posting.

I have all your vids downloaded and properly indexed and I go over them again and again just to not miss some vital point somewhere.
I have a log of all your posts and replies in context in a doc file that I constantly update and convert to pdf and go through them time and again.
I still have many doubts relating to the harmonic patterns (which you released earlier with their rules of engagement) and I still am not able to actively bring them all into my inference of the charts (with your way of analysis which I have got from you). They feel sorta forced in my way of looking at the charts(as in, me trying to fit them in).

Anyways, certainly 200% would love your views on the markets,would love to learn new topics of your way of looking at charts and definitely a live stream.

I will take part more in this forum. Please continue your good work. Much appreciated Mr.Pip.
I for one am greatly benefiting from it. thank you.
Attached Image
I follow only one person and his strategies...
  • #20,872
  • Nov 1, 2016 11:59am Nov 1, 2016 11:59am
OK I wanted you all to see the benefits of truly understanding Harmonics and order flow. This was my Analysis from yesterday afternoon and it was for last night and today's session. I will post the chart again and then the one that shows what happened. Look at the accuracy by which everything was forecast ed and how there is no such thing as a random market. The get difficult at times and I can't imaging a more difficult time as the ones we are having at the moment but. The markets have a natural order and expectations are extremely powerful. It looks like the market broke out of the lower extreme. The Bulls should be able to put price back in range the market must be oversold giving the bull a chance to make a move soon. Give your feed back please. No one can tell you what price is going to do much less with accuracy. It is possible. I have given you the tools to be able to do this like me. It is time to refresh and sharpen the skills I have given you.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: YM 12-16 (233 Tick) 10_31_2016.jpg Size: 144 KB
Click to Enlarge Name: YM 12-16 (233 Tick) 11_1_2016 2.jpg Size: 146 KB
If you fail to plan, you plan to fail.
  • #20,873
  • Nov 1, 2016 12:02pm Nov 1, 2016 12:02pm
Looking at Gold,

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 48 KB
I follow only one person and his strategies...
  • #20,874
  • Nov 1, 2016 12:11pm Nov 1, 2016 12:11pm
got to do something with my stops. It is BIG PROBLEM for my trading.
Tight when large is needed and the opposite.
Attached Image (click to enlarge)
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  • #20,875
  • Nov 1, 2016 1:51pm Nov 1, 2016 1:51pm
Quoting Mr. Pip
{quote} I did not take the short like a punk so ended up with only 5 points. I'm only trading 4 contracts through the elections because of the crappy market but these last few days we have had better price action. The overnight analysis was pretty spot on I will post the chart and then the followup. I did not get any comments. Am I wasting my time here? I would like to see more participation. Remember I would like to have lots of traders for the live stream. Lets pick it up!!! Here is the chart from the analysis and then the one from early this...
You are definitely not wasting you time. You are sharing great knowledge and count me in for the live trade. I also took a short in us30 with 25 points profit but I just realized that I left a lot on the table. Unfortunately I cannot post a chart right now but I just followed the rules you taught us.
  • #20,876
  • Nov 1, 2016 3:04pm Nov 1, 2016 3:04pm
Quoting as002
got to do something with my stops. It is BIG PROBLEM for my trading. Tight when large is needed and the opposite. {image}
That may not be the right approach to stop placement. If you are having issues where you stops are getting hit and price ends up getting to your targets then you are not giving the trade the room it needs. If the stop is larger then you want then consider entering with a smaller position size or just passing on the trade.
If you fail to plan, you plan to fail.
  • #20,877
  • Nov 1, 2016 3:06pm Nov 1, 2016 3:06pm
Quoting steos
{quote} You are definitely not wasting you time. You are sharing great knowledge and count me in for the live trade. I also took a short in us30 with 25 points profit but I just realized that I left a lot on the table. Unfortunately I cannot post a chart right now but I just followed the rules you taught us.
Nice work!
If you fail to plan, you plan to fail.
  • #20,878
  • Nov 1, 2016 4:05pm Nov 1, 2016 4:05pm
Quoting Mr. Pip
OK I wanted you all to see the benefits of truly understanding Harmonics and order flow. This was my Analysis from yesterday afternoon and it was for last night and today's session. I will post the chart again and then the one that shows what happened. Look at the accuracy by which everything was forecast ed and how there is no such thing as a random market. The get difficult at times and I can't imaging a more difficult time as the ones we are having at the moment but. The markets have a natural order and expectations are extremely powerful. It...
Hello Mr. Pip Are you planning to post your EURUSD in 233T ? Here is how I see it
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_233T_1_11_16.png Size: 48 KB
  • #20,879
  • Nov 1, 2016 4:28pm Nov 1, 2016 4:28pm
Won't be trading until at least Friday so good luck to everyone.

Really enjoying the increased participation in the thread!
  • #20,880
  • Nov 1, 2016 4:28pm Nov 1, 2016 4:28pm
Quoting chotabheem
{quote} You are not wasting your time Mr.Pip. Live stream would be awesome (waiting for it). Am closely following you Mr.Pip, and appreciate all the charts you are posting. I have all your vids downloaded and properly indexed and I go over them again and again just to not miss some vital point somewhere. I have a log of all your posts and replies in context in a doc file that I constantly update and convert to pdf and go through them time and again. I still have many doubts relating to the harmonic patterns (which you released earlier with their...
Any chance of posting a .rar of all the vids?

I've been meaning to save them from youtube but haven't gotten around to it yet.
72 traders viewing now