If you fail to plan, you plan to fail.
Ratios & Harmonics: a Different Way to Trade
- #25,421
- Feb 14, 2017 10:47am Feb 14, 2017 10:47am
- | Membership Revoked | Joined Jul 2010 | 9,273 Posts
If you fail to plan, you plan to fail.
- #25,422
- Feb 14, 2017 10:49am Feb 14, 2017 10:49am
- | Membership Revoked | Joined Jul 2010 | 9,273 Posts
If you fail to plan, you plan to fail.
- #25,423
- Feb 14, 2017 10:58am Feb 14, 2017 10:58am
- | Membership Revoked | Joined Jul 2010 | 9,273 Posts
If you fail to plan, you plan to fail.
- #25,425
- Feb 14, 2017 6:13pm Feb 14, 2017 6:13pm
- | Membership Revoked | Joined Jul 2010 | 9,273 Posts
If you fail to plan, you plan to fail.
- #25,426
- Feb 14, 2017 8:52pm Feb 14, 2017 8:52pm
- | Membership Revoked | Joined Jul 2010 | 9,273 Posts
If you fail to plan, you plan to fail.
- #25,429
- Edited 3:43am Feb 15, 2017 3:32am | Edited 3:43am
{quote} Fast down and then fast up, hard to find entries when price is strong in both directions. I think in HTF we are moving down (see m30 chart below) and on the 5m chart we have a retest of previous low with strength, so is it likely that the NSH on 5m fails? Maybe, but we can't trade the 5m expectation until the low is actually broken right?, also because price seems strong again while going higher. eu 5m.png;2186252 EDIT: typo I mean the NSH is likely to fail not NSL HTF view, clearly down eu 30m nsl.png;2186255 {image} {image}
NSH did fail and price continued in HTF order flow direction.
Nice how a retest or a deeper retrace than expected can be good warning signs of expectation failures.
EURUSD 5m
the swing I'm looking at now
CADJPY 3m
Would like to see a good rotation for a long now
Hello Traders, Here is the video on Order Flow Navigation. I hope it has value and helps you understand market navigation on a deeper level. I understand this may be very complex to most of you at first but with time and practice I will become second nature. Unfortunately the random area that I scrolled to turned out to be complex and may be difficult for you to absorb but At least you get to see how it can be done in even very difficult market conditions. Like I said in the video I will be focusing on this and harmonics on the live stream and if this was way to complex or need another video I am willing to make one and perhaps the random place is an easier place to deal with. I don't expect you to watch this once and presto you are navigation experts but if you dedicate time and patience to this you will enhance you trading decisions and the outcome. As you saw in my live session today I applied these skills and in a very complex market I was able to take the trade in the direction of the market although the entry was early as I suspected and then price did not come down enough to justify the trade I nailed the direction. Anyway. This is a very important component so please ask as many questions as you need. If the video is just too complex and I need to break it down into another video or series of videos just let me know and I will work on it. Again please don't be shy and let me know if we need to keep working on this. I think we might need to and that is OK that is what I'm here for. See you all on the battlefield tomorrow! https://youtu.be/xcCtzSnbj9Y
the 3rd wave is the crowd's wave
- #25,431
- Feb 15, 2017 5:28am Feb 15, 2017 5:28am
good morning traders, I'm short AU on the M1 here aggressive C sell with a look to go long on double 1:1 completion in PRZ below
Short on Strong bear rotation candle on completion of 3 drives
I'm against short term order flow but bulls are weakening significantly and we have strong overhead resistance here
bigger picture order flow aligning with main swing sell off
Short on Strong bear rotation candle on completion of 3 drives
I'm against short term order flow but bulls are weakening significantly and we have strong overhead resistance here
bigger picture order flow aligning with main swing sell off
Bulls nor Bears may hide their intent.
- #25,436
- Edited 1:20pm Feb 15, 2017 6:07am | Edited 1:20pm
- | Joined Jan 2016 | Status: Trader | 1,719 Posts
Thank you Mr. Pip for the video,
honestly I am more confused now. I will watch it again, but I just want to point out an example which shows that the interpretation appears to me relative in nature and would initiated different trades.
At the beginning we had a NSH followed by an expectation failure. Hence, we would have looked for an harmonic move down (this I understand).
In the second screenshot you would have probably looked to short for a new NSL. However, we faced also twice an expectation failure (when looking for a NSL; no LH), so why would not have looked for longs (we got 2 retest of the NSL and projection increased to the upside [area in between the 2 bottom arrows]; longer term expectation was a new NSH and "longer longer" term expectation was also NSH).
I hope you see what I mean (not easy to draw harmonic moves with paint).
PS: I would probably not have seen the above comments in realtime.
I add a chart here. I was looking today for the short term orderflow on YM and to figure out in which direction and where to enter (only in theory). It turned out to be the similar situation that I mentioned in the second chart above. The price in the box was at that time not printed.
honestly I am more confused now. I will watch it again, but I just want to point out an example which shows that the interpretation appears to me relative in nature and would initiated different trades.
At the beginning we had a NSH followed by an expectation failure. Hence, we would have looked for an harmonic move down (this I understand).
In the second screenshot you would have probably looked to short for a new NSL. However, we faced also twice an expectation failure (when looking for a NSL; no LH), so why would not have looked for longs (we got 2 retest of the NSL and projection increased to the upside [area in between the 2 bottom arrows]; longer term expectation was a new NSH and "longer longer" term expectation was also NSH).
I hope you see what I mean (not easy to draw harmonic moves with paint).
PS: I would probably not have seen the above comments in realtime.
I add a chart here. I was looking today for the short term orderflow on YM and to figure out in which direction and where to enter (only in theory). It turned out to be the similar situation that I mentioned in the second chart above. The price in the box was at that time not printed.
- #25,437
- Feb 15, 2017 6:20am Feb 15, 2017 6:20am
{quote}CADJPY 3m Would like to see a good rotation for a long now CADJPY 3m.png;2187529
Protected my trade but had not enough room for a BE, so instead I tighten my SL to the HL.
Looks like price will fail to make a NSH, or maybe it came back to take me out before continuing up
EDIT: and taken out -0.4R
the 3rd wave is the crowd's wave
