Ratios & Harmonics: a Different Way to Trade | Page 1185 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

"Ratios & Harmonics: a Different Way to Trade." Summary 37 replies

Learning to trade with harmonics 11 replies

Time for Change - Pivots & Harmonics to freedom 67 replies

180 reasons to trade Harmonics and Patterns 13 replies

Group Trading based on Elliott wave and Harmonics 0 replies

Attachments: Ratios & Harmonics: a Different Way to Trade
Exit Attachments

Ratios & Harmonics: a Different Way to Trade

  • #23,681
  • Jan 14, 2017 3:37pm Jan 14, 2017 3:37pm
Quoting x3m-PippiN
{quote} Welcome to this wonderful thread. Take your time with the lessons because they are the most valuable thing you will find in one place on internet about trading. Your chart is correct.

Thanks for the welcome would you say its best to work from page 775, because this was all back last February 2016 now all the videos are on site is it best to read all posts from p775 right through until now,
  • #23,682
  • Jan 14, 2017 5:00pm Jan 14, 2017 5:00pm
Using MT4 what time frame would be the best to start on 15m seems very slow to follow live.
  • #23,683
  • Jan 14, 2017 11:56pm Jan 14, 2017 11:56pm
Quoting worrawalan
{quote} Thanks for the welcome would you say its best to work from page 775, because this was all back last February 2016 now all the videos are on site is it best to read all posts from p775 right through until now,
I'd say it's best to read through the posts ..and not just Mr. Pip's but all the posts and take your time with each lesson.

Quoting worrawalan
Using MT4 what time frame would be the best to start on 15m seems very slow to follow live.
Mr.Pip trades a 233 tick chart and the 5 min and 3 min chart seem to be similar. But this tools are applicable on any instrument and timeframe.
  • #23,684
  • Jan 15, 2017 8:09am Jan 15, 2017 8:09am
Quoting worrawalan
Using MT4 what time frame would be the best to start on 15m seems very slow to follow live.
Welcome. What time frame you use will depend on your trading personality and how much time you have to sit on the computer. Most importantly you need to be able to keep up with the price action. If it is movie g faster then you can process the information it's no good. Tell me a little about your back ground. And what time frame you feel comfortable with.
If you fail to plan, you plan to fail.
  • #23,685
  • Jan 15, 2017 8:32am Jan 15, 2017 8:32am
Quoting Mr. Pip
{quote} Welcome. What time frame you use will depend on your trading personality and how much time you have to sit on the computer. Most importantly you need to be able to keep up with the price action. If it is movie g faster then you can process the information it's no good. Tell me a little about your back ground. And what time frame you feel comfortable with.
I am new to trading and have only had a bit of practice using demo accounts around last march, I made the big mistake of jumping from system to system on this site to just test out MT4 as I had never used before,
I bought one of the price action courses with a 5 star rating on another site around march last year when I started but its all video based got really good stuff on mindset and having a trading plan, but after reading your thread I think its the best I've seen and you are doing it all for free.
  • #23,686
  • Jan 15, 2017 1:40pm Jan 15, 2017 1:40pm
Quoting worrawalan
{quote} I am new to trading and have only had a bit of practice using demo accounts around last march, I made the big mistake of jumping from system to system on this site to just test out MT4 as I had never used before, I bought one of the price action courses with a 5 star rating on another site around march last year when I started but its all video based got really good stuff on mindset and having a trading plan, but after reading your thread I think its the best I've seen and you are doing it all for free.
Im glad you feel it has value to you. Wednesday I'm going to do a live stream of my trading session. Around 9:15 Eastern time. Try to make it. You will get to see me trade live and you could ask questions. I will post to link here Wednesday morning around 9
If you fail to plan, you plan to fail.
  • #23,687
  • Jan 15, 2017 2:29pm Jan 15, 2017 2:29pm
Quoting Mr. Pip
{quote} Im glad you feel it has value to you. Wednesday I'm going to do a live stream of my trading session. Around 9:15 Eastern time. Try to make it. You will get to see me trade live and you could ask questions. I will post to link here Wednesday morning around 9
Ok thank you I will look forward to watching this and learning.
  • #23,688
  • Jan 15, 2017 5:38pm Jan 15, 2017 5:38pm
Quoting Mr. Pip
{quote} Im glad you feel it has value to you. Wednesday I'm going to do a live stream of my trading session. Around 9:15 Eastern time. Try to make it. You will get to see me trade live and you could ask questions. I will post to link here Wednesday morning around 9
Which instrument will you be trading?
  • #23,689
  • Jan 15, 2017 6:24pm Jan 15, 2017 6:24pm
Quoting Tman72
{quote} Which instrument will you be trading?
He uses a 233 Tick chart (not 1, 3, 5, 15 min charts) and on some occasions a chart with less ticks to more drill down the PA.
  • #23,690
  • Jan 15, 2017 6:34pm Jan 15, 2017 6:34pm
Quoting Tman72
{quote} Which instrument will you be trading?
More than likely he will be trading the YM (Dow Mini) Futures.
Damn The Torpedoes, Full Speed Ahead!
  • #23,691
  • Jan 15, 2017 6:54pm Jan 15, 2017 6:54pm
Quoting Tman72
{quote} Which instrument will you be trading?
I trade YM futures but also trade stock options. The instrument is not important this methodology works on any instrument and on any time frame because it is dynamic to the order flow and there is order flow on any instrument and on any time frame.
If you fail to plan, you plan to fail.
  • #23,692
  • Jan 16, 2017 4:14am Jan 16, 2017 4:14am
Hello Mr Pip,

Few posts back I saw a discussion about NSH and NSL.

I also want your insight about my charting,

Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-m5-tmill-uk-limited.png Size: 61 KB


What do you think? Do I draw the NSL and NSH correctly?

My expectation it's still going to make an NSL because the previous LH is not yet broken. Do you expect so?
  • #23,693
  • Jan 16, 2017 7:31am Jan 16, 2017 7:31am
Quoting jandarana
{quote} It is fascinating...we all are looking at the same charts and see the same things but interpret them different and make different decisions. For me this kind of live sessions are more valuable than watching 100s of youtube videos or reading 100s of threads. Here are my trades. I took the long and really was sweating. I took a small loss of 5 pips and went immediatly short on the drop This short was stupid, it was based on no analysis. I simply didn't want to see the train leaving without me. After some minutes I realized that this entry...
complex correction in down move, only sell at the top
Attached Image (click to enlarge)
Click to Enlarge Name: Unbenannt.PNG Size: 10 KB
Even though I walk through the darkest valley, I will fear no evil
  • #23,694
  • Jan 16, 2017 7:33am Jan 16, 2017 7:33am
Quoting Mr. Pip
{quote} I trade YM futures but also trade stock options. The instrument is not important this methodology works on any instrument and on any time frame because it is dynamic to the order flow and there is order flow on any instrument and on any time frame.
200% agree
M1 to Monthly, all the same story, stocks, futures, forex all the same.
Even though I walk through the darkest valley, I will fear no evil
  • #23,695
  • Jan 16, 2017 8:19am Jan 16, 2017 8:19am
Quoting Dfn
Hello Mr Pip, Few posts back I saw a discussion about NSH and NSL. I also want your insight about my charting, usdjpy-m5-tmill-uk-limited.png;2141662 What do you think? Do I draw the NSL and NSH correctly? My expectation it's still going to make an NSL because the previous LH is not yet broken. Do you expect so? {image}
It's correct and expectation is for a NSL order flow has broken down to some extent but the bears should be able to make a NSL.
If you fail to plan, you plan to fail.
  • #23,696
  • Jan 16, 2017 8:22am Jan 16, 2017 8:22am
I would like to remind everyone about the live stream on Wed the 18th remember to find a way to get there.
If you fail to plan, you plan to fail.
  • #23,697
  • Jan 16, 2017 8:30am Jan 16, 2017 8:30am
I like doing these streams because it's a chance to interact with you all live and it's also a chance for you all to see the process in real time as well as seeing what goes through my mind in real time. There is also no place to hide. It shows you that I practice what I teach and that this is for real. No demo accounts and no BS.
Just trading and learning. There is a reason people don't do this but I am not most people. I want to see you grow and show you that trading at a high level is completely possible and not an illusion of some kind.

I want to empower you to make the choice in 2017 to get serious about your goals and your trading and take the steps that will help you get there. I am holding your hands as well as the other great traders here that give their time and knowledge here for you. Take advantage this does not happen in this business. I want nothing from you but for you to succeed. Your past is not your future. Make it happen!
If you fail to plan, you plan to fail.
  • #23,698
  • Jan 16, 2017 9:18am Jan 16, 2017 9:18am
looks like a slow market today. which is common on Mondays actually. price seems to be in a supply zone right now. Let's see if it will go through or not. that 730 level could provide some good support too i think.
Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-17 (233 Tick) 16_01_2017_chart.jpg Size: 100 KB
  • #23,699
  • Jan 16, 2017 9:26am Jan 16, 2017 9:26am
Quoting ujku80
looks like a slow market today. which is common on Mondays actually. price seems to be in a supply zone right now. Let's see if it will go through or not. that 730 level could provide some good support too i think. {image}
This is Martin Luther King Day in the US. For equity products like YM and ES volume will be lower and trading halt at 13:00 ET or Noon Central time.
  • #23,700
  • Jan 16, 2017 9:27am Jan 16, 2017 9:27am
Quoting ujku80
looks like a slow market today. which is common on Mondays actually. price seems to be in a supply zone right now. Let's see if it will go through or not. that 730 level could provide some good support too i think. {image}
It's a US holiday so don't get your hopes for volatility very high
8 traders viewing now