Ratios & Harmonics: a Different Way to Trade | Page 1365 | 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

  • #27,281
  • Mar 29, 2017 10:39am Mar 29, 2017 10:39am
hello i wanted to ask MR PIP what your reason behind getting out of the trade at +18 today was as you can see in the chart below i took an almost identical trade but got out when it took my stop out for plus 2
Attached Image (click to enlarge)
Click to Enlarge Name: YM 06-17 (233 Tick) 2017_03_29.png Size: 38 KB
  • #27,282
  • Mar 29, 2017 10:42am Mar 29, 2017 10:42am
Quoting Mr. Pip
Hello Traders, Tomorrow I hope to be more active here in the thread. Some long nights with the baby. So far today just one short and very difficult price action. I would not mind shorting the top area of the range as imbalance should favor the sellers. Haven't posted because been busy on baby duty. +18 {image}
It's a wonderful feeling to know that today is the 2nd time I almost took the same trade as you did! Still lots to learn from you but it is a nice start.....
  • #27,283
  • Mar 29, 2017 10:42am Mar 29, 2017 10:42am
Quoting johny8984
hello i wanted to ask MR PIP what your reason behind getting out of the trade at +18 today was as you can see in the chart below i took an almost identical trade but got out when it took my stop out for plus 2 {image}
I had to change a stinky diaper .

So I trailed there just above the last decision candle.
If you fail to plan, you plan to fail.
  • #27,284
  • Mar 29, 2017 10:43am Mar 29, 2017 10:43am
Quoting Milfortra
{quote} It's a wonderful feeling to know that today is the 2nd time I almost took the same trade as you did! Still lots to learn from you but it is a nice start.....
Indeed! Keep it up.
If you fail to plan, you plan to fail.
  • #27,285
  • Mar 29, 2017 10:49am Mar 29, 2017 10:49am
Ok guys, I'm done for the day it's power nap time.
If you fail to plan, you plan to fail.
  • #27,286
  • Mar 29, 2017 11:00am Mar 29, 2017 11:00am
Hello guys, i'm trying to understand this system.

Can you help me in this case? Should i still expect a NSL ? LH level not broken. It is just a complex correction?

Thanks


Attached Image (click to enlarge)
Click to Enlarge Name: Cattura.PNG Size: 54 KB
  • #27,287
  • Mar 29, 2017 11:13am Mar 29, 2017 11:13am
Quoting Beamen
Hello guys, i'm trying to understand this system. Can you help me in this case? Should i still expect a NSL ? LH level not broken. It is just a complex correction? Thanks {image}
You are in a complex correction where the bulls seem to be losing some strength. The expectation is for a NSL. On the flip side of this count the bears should have already achieved the expectation. Exercise caution on either side of this situation. Price at the moment is range bound. OK now nap time
If you fail to plan, you plan to fail.
  • #27,288
  • Edited 10:28pm Mar 29, 2017 11:23am | Edited 10:28pm
Good morning, these were my thoughts this morning looking at the chart

US30 - 62T

Attached Image (click to enlarge)
Click to Enlarge Name: Chart.png Size: 120 KB
  • #27,289
  • Mar 29, 2017 12:15pm Mar 29, 2017 12:15pm
Quoting Beamen
Hello guys, i'm trying to understand this system. Can you help me in this case? Should i still expect a NSL ? LH level not broken. It is just a complex correction? Thanks {image}
Euro market is ranging right now, if you want to trade it follow the principles of the range trading .
Attached Image (click to enlarge)
Click to Enlarge Name: 6E 06-17 (1 Min) 3_29_2017.jpg Size: 194 KB
Always trade your own plan...I don't provide trading signals.
  • #27,290
  • Mar 29, 2017 12:29pm Mar 29, 2017 12:29pm
Quoting Coreg2004
{quote} Euro market is ranging right now, if you want to trade it follow the principles of the range trading . {image}
Thanks for advice Coreg! For now I just want to practice with the rules of Mr.Pips and improve, after that i will start to take some trade
  • #27,291
  • Mar 29, 2017 1:18pm Mar 29, 2017 1:18pm
Quoting Ockham
{quote} may i ask why did you expect a deep retracement like this after this strong bullish momentum ? Don't you think price could react according to order flow around 38.2% fibo instead ? {image}
Thanks, my mistake. I thought that projection is weak
  • #27,292
  • Mar 29, 2017 1:33pm Mar 29, 2017 1:33pm
Quoting Mr. Pip
Hello Traders, Tomorrow I hope to be more active here in the thread. Some long nights with the baby. So far today just one short and very difficult price action. I would not mind shorting the top area of the range as imbalance should favor the sellers. Haven't posted because been busy on baby duty. +18 {image}
Congrats.

I am not able to trade, due to heavy work pressure. However, I try to follow the thread.
  • #27,293
  • Mar 29, 2017 4:32pm Mar 29, 2017 4:32pm
Quoting BroX
Today I traded in forextester and got 9 minus almost in a row.... I did not break any rule, if expectation was deep correction, I waited for rotation near 60-80 fibo levels, but price always was against me... Do you guys analyse higher timeframes?
Hello BroX post your chart so I can see what the issues were it is unlikely to have that many losses in a row.
If you fail to plan, you plan to fail.
  • #27,294
  • Mar 29, 2017 10:29pm Mar 29, 2017 10:29pm
Quoting Mack2013
Good morning, these were my thoughts this morning looking at the chart US30 - 62T {image}
Right idea. executed poorly. Still a plus day tho.

Us30 -62T (20 - 7 = +13)

Attached Image (click to enlarge)
Click to Enlarge Name: Chart.png Size: 123 KB
  • #27,295
  • Mar 30, 2017 7:22am Mar 30, 2017 7:22am
First trade today.

Navigating complex corrections used to be so difficult. Now its just another trade.

What do you guys do while trading? I cannot really stay in front of the PC whole time.. driving me crazy. Need something else to do while sitting here for a few hours.

Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy.JPG Size: 109 KB
  • #27,296
  • Mar 30, 2017 7:39am Mar 30, 2017 7:39am
Quoting kelvinyun
First trade today. Navigating complex corrections used to be so difficult. Now its just another trade. What do you guys do while trading? I cannot really stay in front of the PC whole time.. driving me crazy. Need something else to do while sitting here for a few hours. {image}
But why you did not enter earlier?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_9.png Size: 529 KB
  • #27,297
  • Mar 30, 2017 7:49am Mar 30, 2017 7:49am
Quoting kelvinyun
What do you guys do while trading? I cannot really stay in front of the PC whole time.. driving me crazy. Need something else to do while sitting here for a few hours. {image}
I also don't feel very comfortable sitting and watching PA for 3-4 hours. I usually play an audio book or listen to podcasts. This also helps me with not overthinking and also trade what I see instead of what my emotions are trying to tell me. If there is a more complex situation on the charts I just pause it ...figure out the charts and continue on.
  • #27,298
  • Mar 30, 2017 8:12am Mar 30, 2017 8:12am
GM Traders,

I hope I wasn't missed too much. Moving forward I will be posting my trades live as I take them and answering questions as time permits. I am looking towards April 11 for the next live stream. Let's make it special by having a good turn out.
If you fail to plan, you plan to fail.
  • #27,299
  • Mar 30, 2017 8:20am Mar 30, 2017 8:20am
Quoting Mr. Pip
GM Traders, I hope I wasn't missed too much. Moving forward I will be posting my trades live as I take them and answering questions as time permits. I am looking towards April 11 for the next live stream. Let's make it special by having a good turn out.
Welcome back Damian.

hopefully you can make the market move a bit better today for us all
  • #27,300
  • Mar 30, 2017 8:22am Mar 30, 2017 8:22am
Quoting Mr. Pip
GM Traders, I hope I wasn't missed too much. Moving forward I will be posting my trades live as I take them and answering questions as time permits. I am looking towards April 11 for the next live stream. Let's make it special by having a good turn out.
sounds good ive only recently come across this thread which i have to say is an absolute goldmine what your doing for the trading community here is astounding and top quality im looking forward to the live stream and just want to thank you for what your doing here on your thread
17 traders viewing now