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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

  • #23,121
  • Dec 24, 2016 10:10am Dec 24, 2016 10:10am
Quoting ujku80
{quote} yeah, I'm out as well. next week I'll trade again. A happy weekend and all the best!
Yeah I'm not sure how much trading I will do next week.
If you fail to plan, you plan to fail.
  • #23,122
  • Dec 24, 2016 10:10am Dec 24, 2016 10:10am
Quoting Masterrmind
{quote} Much appreciated! Thank you for your very kind words. It is a challenge sometimes getting to post enough detail in the charts as trades progress sometimes rapidly. During the Asian session this tends to be easier due to the usual slow PA but in London and NY its a different ball game. I appreciate your live postings too and certainly many aspects in trading can be learned no matter who the trader might be. I too look forward to 2017 and especially the progress of this small team of traders right here ... great group of like minded professionals....

Let's do it!
If you fail to plan, you plan to fail.
  • #23,123
  • Dec 24, 2016 10:13am Dec 24, 2016 10:13am
May the magic of Christmas gladden your heart with the joys of the season. May the spirit of Christmas bless you with greater strength. May the promise of Christmas bring you and yours endless blessings.
If you fail to plan, you plan to fail.
  • #23,124
  • Dec 24, 2016 10:31am Dec 24, 2016 10:31am
Going to mirror everyone else's posts and say Merry Christmas and Happy Holidays to all!

I became active in this thread March of this year. The past 9 months of study and participation here has exponentially increased my understanding of the market. I want to personally thank everyone who has participated with their opinions and charts as there is knowledge to be gained from anyone. And I especially thank you Damian because without the information and support that you've provided here I'm not sure that I'd still be involved with trading today.

Hope everyone continues to improve in 2017!
  • #23,125
  • Dec 24, 2016 10:35am Dec 24, 2016 10:35am
That said, here is a little quiz of sorts to the thead for over the holiday slow period.

You are looking at the PA in the chart below in real time. Question is - What do you do?

What do you make of it? What is your analysis and how would you go about trading it, if you would?

Feel free to mark up the chart I've provided.

Thank you for any opinions!

Attached Image (click to enlarge)
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  • #23,126
  • Dec 24, 2016 11:02am Dec 24, 2016 11:02am
Quoting jmezz
That said, here is a little quiz of sorts to the thead for over the holiday slow period. You are looking at the PA in the chart below in real time. Question is - What do you do? What do you make of it? What is your analysis and how would you go about trading it, if you would? Feel free to mark up the chart I've provided. Thank you for any opinions! {image}
What do I make of it?
The overall structure is down with weak pitch/momentum creating NSL. Currently, the orderflow is out of alignment as it is moving up. Because of the weak pitch my expectation is a deep correction to the upside.

What do you do?
If I was aggressive I would trade order flow long, otherwise will wait for a breakdown in PA in an area of structure and realign myself with overall short bias.
Empower Your Mind
  • #23,127
  • Dec 24, 2016 11:40am Dec 24, 2016 11:40am
Quoting jmezz
That said, here is a little quiz of sorts to the thead for over the holiday slow period. You are looking at the PA in the chart below in real time. Question is - What do you do? What do you make of it? What is your analysis and how would you go about trading it, if you would? Feel free to mark up the chart I've provided. Thank you for any opinions! {image}
Attached Image (click to enlarge)
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Everybody, I wish you a well spent holiday time with your dearest friends and family. I hope there will be participation here before the end of the year because I really enjoy spending time in this wonderful thread. Best wishes to all and especially Damian without whom (like Jmezz) I'd probably given up on this hard but possible journey.
  • #23,128
  • Dec 24, 2016 11:53am Dec 24, 2016 11:53am
Quoting jmezz
That said, here is a little quiz of sorts to the thead for over the holiday slow period. You are looking at the PA in the chart below in real time. Question is - What do you do? What do you make of it? What is your analysis and how would you go about trading it, if you would? Feel free to mark up the chart I've provided. Thank you for any opinions! {image}
Thank you for the nice words. What would I do given this market? Go fishing, LOL just kidding. I will wait for more posts then I will give you my outlook. What instrument is it?
If you fail to plan, you plan to fail.
  • #23,129
  • Dec 24, 2016 11:57am Dec 24, 2016 11:57am
Quoting x3m-PippiN
{quote} {image} Everybody, I wish you a well spent holiday time with your dearest friends and family. I hope there will be participation here before the end of the year because I really enjoy spending time in this wonderful thread. Best wishes to all and especially Damian without whom (like Jmezz) I'd probably given up on this hard but possible journey.
Happy Holidays to all I will not be trading next week but I will be posting during the week and answering questions that other traders may have. My goal is to post trading psychology and also accumulation and distribution. Two videos this week then a week of vacation. And back to trade full steam ahead the 9 of Jan let's not forget the live stream on the 18 so everyone make sure you make yourselves available.

I will also be doing one of these every month in 2017. Enjoy your families and the festivities. God bless all!
If you fail to plan, you plan to fail.
  • #23,130
  • Dec 24, 2016 2:34pm Dec 24, 2016 2:34pm
Quoting Mr. Pip
{quote} Happy Holidays to all I will not be trading next week but I will be posting during the week and answering questions that other traders may have. My goal is to post trading psychology and also accumulation and distribution. Two videos this week then a week of vacation. And back to trade full steam ahead the 9 of Jan let's not forget the live stream on the 18 so everyone make sure you make yourselves available. I will also be doing one of these every month in 2017. Enjoy your families and the festivities. God bless all!
All the best for you and your family Mr. Pip.
Merry Christmas to all traders in this wonderful thread!
  • #23,131
  • Edited 4:38pm Dec 24, 2016 4:20pm | Edited 4:38pm
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I see you logged in Trappist, one of my long time faithful followers. Merry Christmas Trappist
  • #23,132
  • Dec 24, 2016 10:39pm Dec 24, 2016 10:39pm
Quoting rocky
{image} I see you logged in Trappist, one of my long time faithful followers. Merry Christmas Trappist
Merry Christmas
If you fail to plan, you plan to fail.
  • #23,133
  • Dec 24, 2016 10:49pm Dec 24, 2016 10:49pm
Merry Christmas. I hope everybody has a great Christmas day. I think I put on 10 lbs just eatting chocolate macaroons. Their delicious.

Hopefully Santa gets me a new computer chair with suspension and a body shaming mirror. Lol

Merry Christmas
  • #23,134
  • Dec 24, 2016 11:24pm Dec 24, 2016 11:24pm
Quoting steos
{quote} All the best for you and your family Mr. Pip. Merry Christmas to all traders in this wonderful thread!
Thank you you too
If you fail to plan, you plan to fail.
  • #23,135
  • Dec 25, 2016 9:41am Dec 25, 2016 9:41am
Hi guys, me too i'd like to join the rest of you and wish you all joy and peace at the Holidays and throughout the New Year. This thread has been interesting to follow. I have learned a few things about Fibonacci as a way to trade. Where i come from people had the habit to pooh-pooh at the idea of using this tool to explain the market movements. But most important, i have discovered a group of people where "camaraderie" is important and are always ready to help.

Last week i received this article from Lance Beggs in my inbox and i thought you might like to read at this time of the year. Lots of great advices in it:

http://yourtradingcoach.com/trading-business/stretching-to-the-next-level/

Take care all and have fun.
  • #23,136
  • Dec 25, 2016 3:21pm Dec 25, 2016 3:21pm
Merry Christmas and happy holidays to you mr. pip and to all of the Ratio and Harmonics thread participants and followers.
Damn The Torpedoes, Full Speed Ahead!
  • #23,137
  • Dec 25, 2016 4:48pm Dec 25, 2016 4:48pm
Quoting jmezz
That said, here is a little quiz of sorts to the thead for over the holiday slow period. You are looking at the PA in the chart below in real time. Question is - What do you do? What do you make of it? What is your analysis and how would you go about trading it, if you would? Feel free to mark up the chart I've provided. Thank you for any opinions! {image}
First short update on YM: On Friday I was looking for a long entry, since I thought that the "new" price drop which Mr. Pip traded was more a retest. I entered later long, but I was too optimistic on the determination of price to move up and I placed my SL too close. Hence, SL were hit (by a wick) and then price moved up to do a 1:1 harmonic completion of the previous up swing (then stock market closed). S--t happens.

@jmezz: With respect to your quiz. A new NSL happened, but price took long time to produce it. Then a fight between sellers and buyers, but for me the buyers takes over.

I wish all pleasant days off.
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  • #23,138
  • Dec 25, 2016 4:56pm Dec 25, 2016 4:56pm
Sorry for being late but Merry Xmas to everyone ! Happy holidays !
  • #23,139
  • Dec 25, 2016 7:12pm Dec 25, 2016 7:12pm
Hello Mr Pip ,

A happy holiday to you and others.Just a noob question,once price broke a previous swing H/L the expectation is for price to make a new structure H/L with 70% accuracy discover by you?
  • #23,140
  • Dec 25, 2016 7:46pm Dec 25, 2016 7:46pm
Quoting hubby7
Hello Mr Pip , A happy holiday to you and others.Just a noob question,once price broke a previous swing H/L the expectation is for price to make a new structure H/L with 70% accuracy discover by you?
Once price makes a NSH the expectation is a HL then another NSH the opposite for when price makes a NSL. They typically carries with at least 70% accuracy.
If you fail to plan, you plan to fail.
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