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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

  • #28,941
  • May 18, 2017 9:04am May 18, 2017 9:04am
Today I could grab +21 on YM. However, the trade management was catastrophic.
Short question to the NT experts: How can I remove in the chart at the "entry points" and "exit points" the text of the type "1@20868 Entry"...? (reason: sometimes the text hides PA)
  • #28,942
  • May 18, 2017 9:07am May 18, 2017 9:07am
Quoting evocpr19
Today I could grab +21 on YM. However, the trade management was catastrophic. Short question to the NT experts: How can I remove in the chart at the "entry points" and "exit points" the text of the type "1@20868 Entry"...? (reason: sometimes the text hides PA)

Select candles, right click candles, choose Properties
In the bottom of the list you can turn it off.
  • #28,943
  • May 18, 2017 9:09am May 18, 2017 9:09am
Quoting x3m-PippiN
Very interesting battle today on YM. L/t expectation is for a NSL but on the short term the bulls are throwing some serious money.
Was playing the shorter TF and waited for a long but PA just refused to come into my AOI. PA is now struggling with the golden ratio of the longer TF to the downside. And it broke..... let's see what it says now.....
  • #28,944
  • May 18, 2017 9:29am May 18, 2017 9:29am
Quoting PeterT
{quote} Select candles, right click candles, choose Properties In the bottom of the list you can turn it off.
Thank you.
  • #28,945
  • May 18, 2017 9:32am May 18, 2017 9:32am
[quote=PeterT;9883263]Still learning everyday, although I didn't expect to re-learn something I thought I knew for sure!



“It ain't what you don't know that gets you into trouble. It's what you know for sure that just ain't so.”- Mark Twain
Always trade your own plan...I don't provide trading signals.
  • #28,946
  • May 18, 2017 11:32am May 18, 2017 11:32am
Quoting evocpr19
Today I could grab +21 on YM. However, the trade management was catastrophic. Short question to the NT experts: How can I remove in the chart at the "entry points" and "exit points" the text of the type "1@20868 Entry"...? (reason: sometimes the text hides PA)
You can't compete with me evocpr19 ......if leaving money on the table would be Olympic discipline I would had been four times Olympic champion already. I know I am discretionary trader and it will happen again and again, I can live with it.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: YM 06-17 (377 Tick) 5_18_2017.jpg Size: 219 KB
Click to Enlarge Name: NQ 06-17 (377 Tick) 5_18_2017.jpg Size: 153 KB
Always trade your own plan...I don't provide trading signals.
  • #28,947
  • May 18, 2017 11:51am May 18, 2017 11:51am
Quoting Coreg2004
{quote} You can't compete with me evocpr19 ......if leaving money on the table would be Olympic discipline I would had been four times Olympic champion already. I know I am discretionary trader and it will happen again and again, I can live with it. {image} {image}
A little arrogant, you are !

I am the Olympic champion of leaving money on the table !!!!!!!

I am also the Olympic champion of triggering stop by 1 or 2 pips and then going my way big time !

  • #28,948
  • May 18, 2017 11:55am May 18, 2017 11:55am
Quoting pereiraalex
{quote} A little arrogant, you are ! I am the Olympic champion of leaving money on the table !!!!!!! I am also the Olympic champion of triggering stop by 1 or 2 pips and then going my way big time !
I didn't show you my "the best achievements"
Always trade your own plan...I don't provide trading signals.
  • #28,949
  • May 18, 2017 12:14pm May 18, 2017 12:14pm
Short term OF had turned to a bull market, so was looking short. As soon as that massive candle popped up I decided to enter. It gave me an expensive entry but felt I could manage aggressively so got to BE pretty quick and then to my TP of +20 pips.

Attached Image (click to enlarge)
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  • #28,950
  • May 18, 2017 12:21pm May 18, 2017 12:21pm
Quoting Milfortra
{quote} Go to Damian's YouTube channel and you will find the video there.
Quoting Nik-Nyc
{quote} Piptrendz, The video is playing on both my computer and ipad, in the thread and YT directly . . . try restarting your device. Best, N
Thanks . Yeah I tried it in the thread, via YT directly, through his channel, everything last night and it didnt work. Seems to be working on YT now on my laptop.
  • #28,951
  • May 18, 2017 1:57pm May 18, 2017 1:57pm
Quoting Coreg2004
{quote} You can't compete with me evocpr19 ......if leaving money on the table would be Olympic discipline I would had been four times Olympic champion already. I know I am discretionary trader and it will happen again and again, I can live with it. {image} {image}
I can compete.

These were my trades today. The last one would have been the jackpot. However, I had to go, so I closed it for +10
Attached Image (click to enlarge)
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  • #28,952
  • May 18, 2017 2:04pm May 18, 2017 2:04pm
These were my trades yesterday on YM. The results were better.

PS: Do not pay attention to the number of contracts. I am trading on a demo of NT to get used to it.
Attached Image (click to enlarge)
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  • #28,953
  • May 18, 2017 3:54pm May 18, 2017 3:54pm
just checking in. moved to michigan and have not had ANY time to look at charts hope all is well with everyone
Empower Your Mind
  • #28,954
  • May 18, 2017 5:50pm May 18, 2017 5:50pm
Is it my feed or these last couple days had more ticks than past week ?
  • #28,955
  • May 19, 2017 12:51am May 19, 2017 12:51am
Quoting pereiraalex
Is it my feed or these last couple days had more ticks than past week ?
The daily volume is 3-4 times more the last couple of days.
  • #28,956
  • May 19, 2017 2:28am May 19, 2017 2:28am
Quoting Coreg2004
{quote} You can't compete with me evocpr19 ......if leaving money on the table would be Olympic discipline I would had been four times Olympic champion already. I know I am discretionary trader and it will happen again and again, I can live with it. {image} {image}

Hello Coreg2004
Do you mind if I ask a question about your trade?
I'm trying to learn as much as I can from others.

I don't understand why you went long in the first trade in the first picture.
Although price might be in a general uptrend (picture is not showing that), what I see is:
- bears made a pretty strong move and even made a short term NSL
- bulls came back with a few strong candles but encountered resistance at what looks like the 61.8 @20535?
- wicks up and wicks down at resistance level, price bounced a few times
- there's some structure to the left @20535
- In the circle there is an almost good rotation candle downwards (little wick to the upside but long body, takes out more than 50% of the previous one)
Now I'm not saying I WOULD have entered short here, but if I had to pick a direction it would be down
Can you please clarify what made you go long or what my mistake is?

Thanks
Peter
  • #28,957
  • May 19, 2017 2:37am May 19, 2017 2:37am
Quoting PeterT
USDJPY short Expectation NSL Bulls started losing momentum and projection short term. Rotation candle at 78.6% of swing and 50% of larger swing. SL above the smaller swing, TP at 1:1 of the swing Bulls woke up, SL hit -26pips What went wrong? I should have traded the larger swing? {image}
Hey fellow traders, hope someone can comment on my trade so I can learn from it.
It costs me money so I really try to learn from every mistake
Thanks!
  • #28,958
  • May 19, 2017 3:01am May 19, 2017 3:01am
Quoting PeterT
{quote} Hey fellow traders, hope someone can comment on my trade so I can learn from it. It costs me money so I really try to learn from every mistake Thanks!
Why do you consider that you've made a mistake when the market goes against you? Price just does what it wants...and an expectation isn't 100% bullet proof. I might have a few comments but your chart is too flat for me to read.
  • #28,959
  • May 19, 2017 3:18am May 19, 2017 3:18am
Quoting x3m-PippiN
{quote} Why do you consider that you've made a mistake when the market goes against you? Price just does what it wants...and an expectation isn't 100% bullet proof. I might have a few comments but your chart is too flat for me to read.
That's true and I know that I cannot always be right. But I am still learning so I need confirmation from others with more experience.
That way I can learn to see when I made a mistake and when the market just went its own way
Thanks for looking at my chart.
Here's a longer term perspective, is that better?

Attached Image (click to enlarge)
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  • #28,960
  • May 19, 2017 3:52am May 19, 2017 3:52am
Quoting PeterT
{quote} That's true and I know that I cannot always be right. But I am still learning so I need confirmation from others with more experience. That way I can learn to see when I made a mistake and when the market just went its own way Thanks for looking at my chart. Here's a longer term perspective, is that better? {image}
Hi PeterT, sorry not sure i have more experience than you but i could try ^^
Please found explanation on chart. If i consider you are trading the ST order flow because you enter on the 78.6% of the ST swing and i think is what you did according to your SL this level was already tested and failed to go to retest the NSL so in ST is not a good signal for short entries. May be drawing 2 fibo with ST and LT could be confusing for SL and expectation, just my 2 cents.
Regards
Ockham
Attached Image (click to enlarge)
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There is no way to happiness , happiness is the way.
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