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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

  • #23,701
  • Jan 16, 2017 9:30am Jan 16, 2017 9:30am
Quoting crixus
{quote} 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.
Quoting x3m-PippiN
{quote} It's a US holiday so don't get your hopes for volatility very high
Oh, thanks for reminding me that guys . had totally forgotten about it. i guess no trade for me today. GL 2 U
  • #23,702
  • Jan 16, 2017 10:03am Jan 16, 2017 10:03am
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}
Yes and a bank holiday here is the US
If you fail to plan, you plan to fail.
  • #23,703
  • Jan 16, 2017 10:16am Jan 16, 2017 10:16am
Quoting Mr. Pip
{quote} Yes and a bank holiday here is the US
well, let us take holidays till your next session on Wednesday. i'm looking forward to that. cheers
  • #23,704
  • Jan 16, 2017 10:33am Jan 16, 2017 10:33am
Quoting ujku80
{quote} well, let us take holidays till your next session on Wednesday. i'm looking forward to that. cheers
It's going to be fun
If you fail to plan, you plan to fail.
  • #23,705
  • Jan 16, 2017 10:39am Jan 16, 2017 10:39am
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.
That's what I was wondering so it would work out on forex 4H chart just as well because im not sure I have the time limits to sit in front of the charts all day Mr Pip what time does your normal trade session last each day, just hope I can work it ok on longer time frames the same.
  • #23,706
  • Jan 16, 2017 11:37am Jan 16, 2017 11:37am
Quoting Mr. Pip
{quote} 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.
Hello Mr. Pip,
Thank you for your reply on my Chart.

I have another scenario and need a light

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As you can see the the expectation and the order flow would be Bull. (If my charting is correct) XD

I'm looking for an opportunity for long and expect an AB=CD pattern.
My PRZ is below the blue line/previous HL which means if broken it will make a NSL.

Would you still take for long? Because the PRZ position is where the expectation change.

Hope you get what I mean. Thank you!
  • #23,707
  • Jan 16, 2017 12:53pm Jan 16, 2017 12:53pm
Quoting Dfn
{quote} Hello Mr. Pip, Thank you for your reply on my Chart. I have another scenario and need a light gbpusd-m5-tmill-uk-limited.png;2142204 As you can see the the expectation and the order flow would be Bull. (If my charting is correct) XD I'm looking for an opportunity for long and expect an AB=CD pattern. My PRZ is below the blue line/previous HL which means if broken it will make a NSL. Would you still take for long? Because the PRZ position is where the expectation change. Hope you get what I mean. Thank you! {image}
yes I would still look for longs although there appears to be some accumulation on the bears and price may drop deeper then you would probably want the demand in the area is good and the bulls are defending. Try not to hold price to a specific line. It is better to work with zones. The deeper price corrects the better the risk reward gets and the more room or options you are giving your trade.
If you fail to plan, you plan to fail.
  • #23,708
  • Jan 16, 2017 12:56pm Jan 16, 2017 12:56pm
Quoting worrawalan
{quote} That's what I was wondering so it would work out on forex 4H chart just as well because im not sure I have the time limits to sit in front of the charts all day Mr Pip what time does your normal trade session last each day, just hope I can work it ok on longer time frames the same.
I trade for about 3 hours a day from 9:30 thru 12 sometimes I get stuck managing a trade past the regular session. I can't sit I front of my pc trading all day anymore. I use to be one of those guys but I grew up .
If you fail to plan, you plan to fail.
  • #23,709
  • Jan 16, 2017 4:46pm Jan 16, 2017 4:46pm
Quoting Mr. Pip
{quote} yes I would still look for longs although there appears to be some accumulation on the bears and price may drop deeper then you would probably want the demand in the area is good and the bulls are defending. Try not to hold price to a specific line. It is better to work with zones. The deeper price corrects the better the risk reward gets and the more room or options you are giving your trade.
Thank you for you reply Mr. Pip.
Sure, the Blue Line is not my price target for OP but it's a line of the HL/NSH, so if it's broken there might be expectation change.

The price seems move the same way as you said, a bit deeper than my expectation.

How do you know if there is bears accumulation from my chart?
Can you give me a clue how can you recognize that?
  • #23,710
  • Jan 16, 2017 6:57pm Jan 16, 2017 6:57pm
Quoting Dfn
{quote} Thank you for you reply Mr. Pip. Sure, the Blue Line is not my price target for OP but it's a line of the HL/NSH, so if it's broken there might be expectation change. The price seems move the same way as you said, a bit deeper than my expectation. How do you know if there is bears accumulation from my chart? Can you give me a clue how can you recognize that?
Big volume candles over buying ones to simplify it some.
If you fail to plan, you plan to fail.
  • #23,711
  • Jan 16, 2017 7:46pm Jan 16, 2017 7:46pm
[quote=Mr. Pip; I would like to remind everyone about the live stream on Wed the 18th remember to find a way to get there.

Hello Mr. Pip I would like to attend your live stream this Wed the 18th, can you give the time and the link to attend ? Thanks
  • #23,712
  • Jan 16, 2017 8:52pm Jan 16, 2017 8:52pm
[quote=artimusfree;9445809][quote=Mr. Pip; I would like to remind everyone about the live stream on Wed the 18th remember to find a way to get there. Hello Mr. Pip I would like to attend your live stream this Wed the 18th, can you give the time and the link to attend ? Thanks[/quote]

The link will be posted that morning right here it will be a YouTube live stream. So plenty of room for everyone.
If you fail to plan, you plan to fail.
  • #23,713
  • Jan 16, 2017 9:04pm Jan 16, 2017 9:04pm
Mr. Pip have you studied much fib expansion as targets? for example 161.8 Fib expansion? Do you ever use them? I have found when price does not reach the extension, it will go the expansion after 100 it may go to 161.8. Thanks
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The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #23,714
  • Jan 16, 2017 9:40pm Jan 16, 2017 9:40pm
Quoting eaglestar
Mr. Pip have you studied much fib expansion as targets? for example 161.8 Fib expansion? Do you ever use them? I have found when price does not reach the extension, it will go the expansion after 100 it may go to 161.8. Thanks {image}
Yes i do use fib extensions extensively. There is a direct expectation from correction to extension value. I also made a video gosh like a very long time ago. I believe this is what you are referencing. Let me know if I'm off base.

https://youtu.be/6SvcmyIkmtM
If you fail to plan, you plan to fail.
  • #23,715
  • Jan 16, 2017 9:58pm Jan 16, 2017 9:58pm
Quoting Mr. Pip
{quote} Yes i do use fib extensions extensively. There is a direct expectation from correction to extension value. I also made a video gosh like a very long time ago. I believe this is what you are referencing. Let me know if I'm off base. https://youtu.be/6SvcmyIkmtM
No brother, the fib expansion versus the fib extension. Its ok, maybe I was not clear. For example we have the harmonic symmetrical ab=cd, but sometimes d=(ab-c)(1.618) (Expansion) not (A+B)(1.618) (Extension)
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The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #23,716
  • Jan 17, 2017 12:22am Jan 17, 2017 12:22am
First Id like to thanks Mr. Pip for his great kindness to share with us his great trading experience, Mr. Pip you gave us the full package : Trading style , money management, psychology lessons and tips,motivations and over all the most things is your kind awesome attitude and patience , i didn’t come across such anywhere in any forum. God Bless you always , you are amazing

Im PA trader , tried several trading style mix with indicators and they are good too , but I’m in love with your indicator free style

I’m still didn’t finish reading all the pages but I’m on the way, and here is my chart of today
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  • #23,717
  • Jan 17, 2017 12:26am Jan 17, 2017 12:26am
Quoting marwan71
First Id like to thanks Mr. Pip for his great kindness to share with us his great trading experience, Mr. Pip you gave us the full package : Trading style , money management, psychology lessons and tips,motivations and over all the most things is your kind awesome attitude and patience , i didnt come across such anywhere in any forum. God Bless you always , you are amazing Im PA trader , tried several trading style mix with indicators and they are good too , but Im in love with your indicator free style Im still didnt finish...
I think i did wrong X A label , i will correct it
  • #23,718
  • Jan 17, 2017 12:32am Jan 17, 2017 12:32am
ITS ABCD
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  • #23,719
  • Jan 17, 2017 3:25am Jan 17, 2017 3:25am
Quoting Mack2013
{quote} good luck. keep us updated win, lose or draw
Hi,

trend is your friend

regards

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if you're doing we all have results with all
  • #23,720
  • Jan 17, 2017 4:55am Jan 17, 2017 4:55am
Quoting eaglestar
{quote} No brother, the fib expansion versus the fib extension. Its ok, maybe I was not clear. For example we have the harmonic symmetrical ab=cd, but sometimes d=(ab-c)(1.618) (Expansion) not (A+B)(1.618) (Extension) {image} {image}
Sorry my friend I did misunderstand. I do not use expansion. I haven't even tried them.
If you fail to plan, you plan to fail.
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