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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

  • #24,321
  • Jan 27, 2017 9:41am Jan 27, 2017 9:41am
Quoting Mr. Pip
out oh well let's see if we can get a better price entry but first we have to see what is going on with the bulls.
oh yeah..mine survived but I'm thinking to close it. dosn't make sense with all that bull strength.
  • #24,322
  • Jan 27, 2017 9:42am Jan 27, 2017 9:42am
Quoting Mr. Pip
If I got taken out again by one point like yesterday I will need to replace on of my monitors {image}
, I think that's actually an acceptable reason for destroying a monitor lol.

95 traders in here btw
  • #24,323
  • Jan 27, 2017 9:43am Jan 27, 2017 9:43am
Quoting ujku80
{quote} yeap...and if i'm taken out, I'm going home. better luck on monday. Have a nice weekend if i don't see u around later!
You too my friend good trading. You have to be real happy with the chart reading we are in some tough price action but we have the pulse of the market but when we get aggressive on the trade management side we get taken out sometimes early but it's not really a big deal.
If you fail to plan, you plan to fail.
  • #24,324
  • Jan 27, 2017 9:44am Jan 27, 2017 9:44am
Quoting jmezz
{quote} , I think that's actually an acceptable reason for destroying a monitor lol. 95 traders in here btw
Specially if it happens back to back yesterday and today.
If you fail to plan, you plan to fail.
  • #24,325
  • Jan 27, 2017 9:44am Jan 27, 2017 9:44am
They continue to defend yesterday's open.

Glad I stayed out today or I'd have a concussion from beating my head against the desk.
  • #24,326
  • Jan 27, 2017 9:46am Jan 27, 2017 9:46am
Quoting Mr. Pip
{quote} You too my friend good trading. You have to be real happy with the chart reading we are in some tough price action but we have the pulse of the market but when we get aggressive on the trade management side we get taken out sometimes early but it's not really a big deal.
no, it's not a big deal. just part of the game. sometimes i think i like a bit of a challenge. but not too much though

just check how fun it is with my SL. four candles didn't take it yet.. and it's just one pip away hehe
Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-17 (233 Tick) 2017_01_27_5.png Size: 59 KB
  • #24,327
  • Jan 27, 2017 9:49am Jan 27, 2017 9:49am
Quoting jmezz
They continue to defend yesterday's open. Glad I stayed out today or I'd have a concussion from beating my head against the desk.
They definitely have not allowed the bear to capitalize on the imbalance and it's would be interesting here to see what the bears do. The tables may be slowly turning.
If you fail to plan, you plan to fail.
  • #24,328
  • Jan 27, 2017 9:50am Jan 27, 2017 9:50am
Quoting Mr. Pip
{quote} They definitely have not allowed the bear to capitalize on the imbalance and it's would be interesting here to see what the bears do. The tables may be slowly turning.
lock in 10: do or die. and placed target at the previous position

edit. SL filled (+10). see u on Monday. cheers guys
  • #24,329
  • Jan 27, 2017 9:53am Jan 27, 2017 9:53am
Quoting ujku80
{quote} lock in 10: do or die. and placed target at the previous position edit. SL filled (+10). see u on Monday. cheers guys
See you Monday I may be starting to look for longs soon.
If you fail to plan, you plan to fail.
  • #24,330
  • Jan 27, 2017 9:54am Jan 27, 2017 9:54am
Quoting oh.crap
{quote} I use tighter stops and accept that I will be stopped out more often but it is just the way I prefer to do it. Win some lose some but the wins usually cover more than the losses
What about moving your stop to BE? PA tested the NSL... you could've easily moved it to BE. I think it's reasonable considering you work with tight stops.


Haven't taken a trade on YM although price reacted very nicely to the median line ... it got slapped 4 times LOL. There's pressure from both sides and PA is too choppy for my liking.
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Took two trades on 6J during the European session.. one loss ( -18 ticks ) and one win ( + 22 ticks ). The losing trade was a mistake on my part because I was looking at the wrong TF (89 tick chart) but I trade the 144 tick because the lower one gives many false entries like this one. Oh well ... one learns with experience.
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Click to Enlarge Name: 27.01.2017 6J 89 tick chart.jpg Size: 48 KB

Attached Image (click to enlarge)
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That's it for this week. Hope you have a more profitable finish and a nice weekend afterwards
  • #24,331
  • Jan 27, 2017 9:59am Jan 27, 2017 9:59am
Yes taken out by one point like yesterday LOL
Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-17 (233 Tick) 2017_01_27.png Size: 60 KB
If you fail to plan, you plan to fail.
  • #24,332
  • Jan 27, 2017 10:03am Jan 27, 2017 10:03am
Looking to see what happens around here. I may be interested in a long. Before that I need to see where the bears defend and how they do it.
Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-17 (233 Tick) 2017_01_27.png Size: 50 KB
If you fail to plan, you plan to fail.
  • #24,333
  • Jan 27, 2017 10:04am Jan 27, 2017 10:04am
Quoting Mr. Pip
Yes taken out by one point like yesterday LOL {image}
Attached Image


Better luck next time.
  • #24,334
  • Jan 27, 2017 10:08am Jan 27, 2017 10:08am
Bears are trying to come in around here but are not finding much.
Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-17 (233 Tick) 2017_01_27.png Size: 50 KB
If you fail to plan, you plan to fail.
  • #24,335
  • Jan 27, 2017 10:09am Jan 27, 2017 10:09am
Quoting x3m-PippiN
{quote} 3b4e9a740b3526476904045b5eafbe9a.jpg;2160081 Better luck next time. {image}
If you fail to plan, you plan to fail.
  • #24,336
  • Jan 27, 2017 10:11am Jan 27, 2017 10:11am
Even though the session is crap I hope you all are finding value in navigating very difficult price action without any indicators and with accuracy.
If you fail to plan, you plan to fail.
  • #24,337
  • Jan 27, 2017 10:14am Jan 27, 2017 10:14am
Amazing rotation candle well placed by the bulls the long is ripening. Let's see if the bears can make another attempt and we can get long around 08-10
Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-17 (233 Tick) 2017_01_27.png Size: 50 KB
If you fail to plan, you plan to fail.
  • #24,338
  • Jan 27, 2017 10:30am Jan 27, 2017 10:30am
Ok Traders, I did not get the chance to buy at the price I wanted that is ok though . As you can see having the pulse of the order flow helps you understand where strength lies. Before price even started climbing I told you I was interested in longs now. I was able to switch sided with extreme accuracy. I hope you all can really see the tremendous value today's session had and how important it is to constantly asses strength and weakness through order flow analysis.

I want to hear your comment and questions. This is for you. I do this for a living I don't need to do this. So take advantage. Heading out to an appointment with my wife but will be mobile to answer questions.
Attached Image (click to enlarge)
Click to Enlarge Name: YM 03-17 (233 Tick) 2017_01_27.png Size: 52 KB
If you fail to plan, you plan to fail.
  • #24,339
  • Jan 27, 2017 10:34am Jan 27, 2017 10:34am
Sorry got taken away from my computer for a while.

Got stopped out of last trade at +4 so -6 for the day.

Have to go soon as we have guests coming round tonight and the wife wants help to get ready and I just can't say no to her
Oh Crap I've done it again
  • #24,340
  • Jan 27, 2017 10:35am Jan 27, 2017 10:35am
Quoting Mr. Pip
Ok Traders, I did not get the chance to buy at the price I wanted that is ok though . As you can see having the pulse of the order flow helps you understand where strength lies. Before price even started climbing I told you I was interested in longs now. I was able to switch sided with extreme accuracy. I hope you all can really see the tremendous value today's session had and how important it is to constantly asses strength and weakness through order flow analysis. I want to hear your comment and questions. This is for you. I do this for a living...
Thanks again for your trading today.
These tough days are the ones that really show lessons and it's great that you are doing this.
Oh Crap I've done it again
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