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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

  • #27,481
  • Apr 6, 2017 8:33am Apr 6, 2017 8:33am
Quoting Forthebulls
{quote} Sure, it's the DValueArea from futures io for NT8. To access their indicators and addons you do need to pay a $100 lifetime membership. But they have other nice tools like footprint charts and supply demand zones. Some of these would cost you over $1000 for big brand packages like orderflowanalytics or Logik Volume Wand. So it's a pretty good deal in my opinion. To follow up on my oil prediction, it did exactly what I expected: leg up at 2am London open. I was using a footprint chart for these trades, but will show the 5 minute chart. First...
Nice trade!
  • #27,482
  • Apr 6, 2017 8:54am Apr 6, 2017 8:54am
First trade. +46
Attached Image (click to enlarge)
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If you fail to plan, you plan to fail.
  • #27,483
  • Apr 6, 2017 9:02am Apr 6, 2017 9:02am
Hello Guys, I know I have not been to active these last few weeks but been slammed here at home.

Remember the live stream next week on Tuesday. I will be trading the shorter term order flow to get more frequency and rack up some points. I also want to do this to show you the diversity of the skills I am teaching you.
If you fail to plan, you plan to fail.
  • #27,484
  • Apr 6, 2017 9:04am Apr 6, 2017 9:04am
EURJPY LONG trade, Just made a double bottom, and a new structure high, entry based on rotation at structure.
Attached Image (click to enlarge)
Click to Enlarge Name: 2017-04-06 at 22-02-10.png Size: 32 KB
  • #27,485
  • Apr 6, 2017 9:06am Apr 6, 2017 9:06am
Quoting Mr. Pip
First trade. +46 {image}
Thanks Mr. Pip, for that trade, I have a question which I seem to be suffering alot from:

How do you know that you should trade at point marked with 3, but not in 1 or 2 ( false weakness signals ? )
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  • #27,486
  • Apr 6, 2017 9:10am Apr 6, 2017 9:10am
Quoting pereiraalex
{quote} Thanks Mr. Pip, for that trade, I have a question which I seem to be suffering alot from: How do you know that you should trade at point marked with 3, but not in 1 or 2 ( false weakness signals ? ) {image}
Is it because he is in bed? :-) during 1 or 2?
  • #27,487
  • Apr 6, 2017 9:14am Apr 6, 2017 9:14am
Quoting lithium1
{quote} Is it because he is in bed? :-) during 1 or 2?
Or changing a diaper
If you fail to plan, you plan to fail.
  • #27,488
  • Apr 6, 2017 9:15am Apr 6, 2017 9:15am
Quoting pereiraalex
{quote} Thanks Mr. Pip, for that trade, I have a question which I seem to be suffering alot from: How do you know that you should trade at point marked with 3, but not in 1 or 2 ( false weakness signals ? ) {image}
Mainly because it is outside of my trading schedule but specifically there are technical reason you want to keep in mind. I will make you a short video highlighting them today.
If you fail to plan, you plan to fail.
  • #27,489
  • Apr 6, 2017 9:17am Apr 6, 2017 9:17am
Looking for a long but would prefer taking on the risk around 577-80. Bad RR and no room to protect. This area has found good selling.
Attached Image (click to enlarge)
Click to Enlarge Name: YM 06-17 (233 Tick) 2017_04_06.png Size: 35 KB
If you fail to plan, you plan to fail.
  • #27,490
  • Apr 6, 2017 9:17am Apr 6, 2017 9:17am
Quoting Mr. Pip
{quote} Or changing a diaper
HAHAHA
  • #27,491
  • Apr 6, 2017 9:21am Apr 6, 2017 9:21am
Quoting Mr. Pip
{quote} Mainly because it is outside of my trading schedule but specifically there are technical reason you want to keep in mind. I will make you a short video highlighting them today.
Thanks !

I am asking because I am on "THE PAIN TRAIN" right now because of a false "sign of weakness" like that
  • #27,492
  • Apr 6, 2017 9:21am Apr 6, 2017 9:21am
I want to see many Traders at the live stream. This Tuesday the 11
If you fail to plan, you plan to fail.
  • #27,493
  • Apr 6, 2017 9:22am Apr 6, 2017 9:22am
Had a similar question as pereiraalex. My trading plan was to wait for price to come back to the Golden Ratio which was around your take profit area and it did come down to exactly where I wanted. However the way it came down with the momentum of the bears, it was enough to make me avoid pulling the trigger. Moreover it was at 9.46am (your time) which I thought was during the dumb orders period. Hope you can help to shed some light on this. Thanks in advance.
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  • #27,494
  • Apr 6, 2017 9:26am Apr 6, 2017 9:26am
Quoting Mr. Pip
I want to see many Traders at the live stream. This Tuesday the 11
I will be there....and for the traders in the ASEAN countries, it will be on this coming Tuesday night.... Definately looking forward to it......
  • #27,495
  • Apr 6, 2017 9:38am Apr 6, 2017 9:38am
Quoting Mr. Pip
First trade. +46 {image}
Simple amazing how you read the PA so accurately well......
  • #27,496
  • Apr 6, 2017 9:42am Apr 6, 2017 9:42am
Quoting Mr. Pip
{quote} Mainly because it is outside of my trading schedule but specifically there are technical reason you want to keep in mind. I will make you a short video highlighting them today.
IMHO was because orderflow showed weak projection, big depth, dominant swing tested to the 100% and if you "reverse" the fibo it claps perfectly with the 61.8, plus the nice and big rotation bar. The other scenarios did not have that many checks in favor, am I right Mr Pip?
  • #27,497
  • Apr 6, 2017 9:49am Apr 6, 2017 9:49am
Quoting pereiraalex
{quote} Thanks ! I am asking because I am on "THE PAIN TRAIN" right now because of a false "sign of weakness" like that
Post your chart
If you fail to plan, you plan to fail.
  • #27,498
  • Apr 6, 2017 9:50am Apr 6, 2017 9:50am
Quoting Milfortra
{quote} Simple amazing how you read the PA so accurately well......
Beginner's Luck
If you fail to plan, you plan to fail.
  • #27,499
  • Apr 6, 2017 9:51am Apr 6, 2017 9:51am
Quoting David889
{quote} IMHO was because orderflow showed weak projection, big depth, dominant swing tested to the 100% and if you "reverse" the fibo it claps perfectly with the 61.8, plus the nice and big rotation bar. The other scenarios did not have that many checks in favor, am I right Mr Pip?
Awesome David!
If you fail to plan, you plan to fail.
  • #27,500
  • Apr 6, 2017 9:55am Apr 6, 2017 9:55am
Quoting Mr. Pip
{quote} Post your chart
Traded on the Square area for short. Was thinking the circled area would have bears !
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