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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

  • #25,721
  • Feb 20, 2017 2:16pm Feb 20, 2017 2:16pm
Quoting hansma
Nice lifestream today . Thanks - took 46 pips today.- {image}
Looks to be an excellent trade. Can you elaborate As to what signalled you to enter short when you did?
  • #25,722
  • Feb 20, 2017 2:24pm Feb 20, 2017 2:24pm
helloo, sorry if this is the wrong place to ask this question but where can I find a tick chart source for this system (is there any recommended)? and generally I'm confused as to how they work, I thought due to Forex not having a centralized system it wasn't possible to track number of trades?

any help would be much appreciated
  • #25,723
  • Feb 20, 2017 2:50pm Feb 20, 2017 2:50pm
Quoting Mr. Pip
Let's not forget tomorrow is the live stream so make sure you are there.
What time is the live stream. Is it during the hours that you normally work (9-12)?
Wow! I've got some experience to gain.
  • #25,724
  • Feb 20, 2017 2:54pm Feb 20, 2017 2:54pm
Quoting Mr. Pip
{quote} Welcome aboard. I'm in Miami south FL
Different world down there! I wish I were a little closer to you, then I could hover over your shoulder a few times! This thread is just about as good as that.
Wow! I've got some experience to gain.
  • #25,725
  • Feb 20, 2017 3:34pm Feb 20, 2017 3:34pm
Hello Damian ,hello everybody

I have an order flow question

In a previous video when you were analysing why you went long despite the expectations for a NSL you said that : the bears came in, and had a lot of volume in their candles but they didnt manage to go very far that according to your analysis meant a breakdown of the price and thats why you took the opposite direction.(this is the video ,go to 2:30 https://www.youtube.com/watch?v=wslkkmFkFr0)

On the other hand in other videos (like this at 1:15 or 14:15 https://www.youtube.com/watch?v=xcCtzSnbj9Y (https://www.youtube.com/watch?v=xcCtzSnbj9Y) )you talk about the imbalance that should favor the bears and the bears that accumulating orders over the bulls

Applying the first theory to the second video,the bears came down with a lot of strength and the didnt manage to push price lower.Why you keep saying that imbalance should favor the bears?? Could you explain a little more this concept?

Always thank you for your time and effort
learn more , earn more
  • #25,726
  • Feb 20, 2017 4:41pm Feb 20, 2017 4:41pm
How do you access the live streaming tomorrow?
  • #25,727
  • Feb 20, 2017 4:54pm Feb 20, 2017 4:54pm
AU trade closed out manually +13

see you all in the livestream tomorrow folks
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Bulls nor Bears may hide their intent.
  • #25,728
  • Feb 20, 2017 5:08pm Feb 20, 2017 5:08pm
Quoting Mrksvtt
How do you access the live streaming tomorrow?
Mr Pip will post a link in this thread around 0900 Eastern Standard Time which will direct you to a YouTube live stream. Very simple and compatible with every computer and device.
  • #25,729
  • Feb 20, 2017 5:18pm Feb 20, 2017 5:18pm
Quoting waqz12345
helloo, sorry if this is the wrong place to ask this question but where can I find a tick chart source for this system (is there any recommended)? and generally I'm confused as to how they work, I thought due to Forex not having a centralized system it wasn't possible to track number of trades? any help would be much appreciated
 
At least Dukascopy have tick charts (1-1000), haven't been able to find higher. I assume it's transactions through their ecn.
  • #25,730
  • Feb 20, 2017 5:47pm Feb 20, 2017 5:47pm
Thank you Nik-NYC. I appreciate it.
  • #25,731
  • Feb 20, 2017 7:35pm Feb 20, 2017 7:35pm
Quoting Lawnman
{quote} What time is the live stream. Is it during the hours that you normally work (9-12)?
Yes 9-12
If you fail to plan, you plan to fail.
  • #25,732
  • Feb 20, 2017 7:38pm Feb 20, 2017 7:38pm
Quoting Mrksvtt
How do you access the live streaming tomorrow?
I will post a link here it's the thread tomorrow morning around 0900 Eastern Time
If you fail to plan, you plan to fail.
  • #25,733
  • Feb 20, 2017 7:40pm Feb 20, 2017 7:40pm
Quoting GnG
Hello Damian ,hello everybody I have an order flow question In a previous video when you were analysing why you went long despite the expectations for a NSL you said that : the bears came in, and had a lot of volume in their candles but they didnt manage to go very far that according to your analysis meant a breakdown of the price and thats why you took the opposite direction.(this is the video ,go to 2:30 https://www.youtube.com/watch?v=wslkkmFkFr0) On the other hand in other videos (like this at 1:15 or 14:15...
I will look at your question in detail tomorrow but do your best to join the live stream as it will give you real time insight and you could ask questions live.
If you fail to plan, you plan to fail.
  • #25,734
  • Feb 20, 2017 7:41pm Feb 20, 2017 7:41pm
Quoting Lawnman
{quote} Different world down there! I wish I were a little closer to you, then I could hover over your shoulder a few times! This thread is just about as good as that.
Like another country.
If you fail to plan, you plan to fail.
  • #25,735
  • Feb 21, 2017 12:35am Feb 21, 2017 12:35am
Out +19 and +35

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"The future is already written in the past"
  • #25,736
  • Feb 21, 2017 2:13am Feb 21, 2017 2:13am
Quoting waqz12345
helloo, sorry if this is the wrong place to ask this question but where can I find a tick chart source for this system (is there any recommended)? and generally I'm confused as to how they work, I thought due to Forex not having a centralized system it wasn't possible to track number of trades? any help would be much appreciated
First of all ,it is no must to use tickcharts for this way of trading , a 5 or 15 minute chart is sometimes almost equal in waves as a tickchart.
But if you insist on using tickcharts you have to buy software and an additional quoteservice (which can become very costly) I think that Ninja trader is still free to use except the datafeed ( subscription) and the first month you can test the software for free , inclusive the datafeed.
Hope this answers your question.
  • #25,737
  • Feb 21, 2017 2:51am Feb 21, 2017 2:51am
Quoting waqz12345
helloo, sorry if this is the wrong place to ask this question but where can I find a tick chart source for this system (is there any recommended)? and generally I'm confused as to how they work, I thought due to Forex not having a centralized system it wasn't possible to track number of trades? any help would be much appreciated
For Futures you can use ApexFutures' software, they also have a free demo account you can use. They offer minute,tick,range charts for your convenience. I'm only demoing with them so far, so I have no idea how it is to trade live there.
  • #25,738
  • Feb 21, 2017 2:57am Feb 21, 2017 2:57am
Eur 5min
Price has come to the 161.8 of up swing which I had posted about earlier. Yesterday it made i nice fork to the down side. I am looking for a possible reversal here PRZ.
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The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #25,739
  • Feb 21, 2017 3:02am Feb 21, 2017 3:02am
Quoting c49
{quote} First of all ,it is no must to use tickcharts for this way of trading , a 5 or 15 minute chart is sometimes almost equal in waves as a tickchart. But if you insist on using tickcharts you have to buy software and an additional quoteservice (which can become very costly) I think that Ninja trader is still free to use except the datafeed ( subscription) and the first month you can test the software for free , inclusive the datafeed. Hope this answers your question.
you are very helpful, thanks. I'll prob keep with the time charts then. I assume this way of trading is very much applicable to 30m charts as well?
  • #25,740
  • Feb 21, 2017 3:33am Feb 21, 2017 3:33am
Quoting waqz12345
{quote} you are very helpful, thanks. I'll prob keep with the time charts then. I assume this way of trading is very much applicable to 30m charts as well?
Sure 30 minutes or 1 hour is OK I would not go above 1 hour in FX , because FX is a 24 hour market ( no Opening or Closing Time)so in different timezones in the world a 4 hour candlestick can be quite different.
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