Glad to help

Ratios & Harmonics: a Different Way to Trade

This might get you started, until Mr. Pip turns up Chart Properties Color for axis = Medium Purple Plot horizontal grid lines = false Plot vertical grid lines = false Color for background = Black Data Series Bar width = 2 Candle Outline Color = ...

Ratios & Harmonics: a Different Way to Trade

I was hoping that price would pay as much attention to it as it did on the 2 previous occasions, cutting through it like it wasn't even there. Let's see what happens.

Ratios & Harmonics: a Different Way to Trade

Good, I have some company then!

Ratios & Harmonics: a Different Way to Trade

I noticed the same thing with MBT... try the 100 tick chart

Ratios & Harmonics: a Different Way to Trade

I've been watching the same... I'm inclined to suspect it won't make it because of the structure off the left of your chart, just before the major swing

Ratios & Harmonics: a Different Way to Trade

That will be down to different brokers... there is nothing you can do to change that (apart from opening an account with the same broker as them!)

Ratios & Harmonics: a Different Way to Trade

Fair points, duly noted. Thanks

Ratios & Harmonics: a Different Way to Trade

Hello Mr. Pip, Congratulations on those trades. Do I understand correctly that the yellow arrows are your actual trades? If so, I see your first trade started around about where my second trade did... except I chickened out at the 1.35000 line ...

Ratios & Harmonics: a Different Way to Trade

To fill in some background to the BC projections, Scott Carney provides the following information. C point retracement :: BC projection (which should converge with AB=CD completion) 38.2% AB :: 261.8% 50.0% AB :: 200% 61.8% AB :: 161.8% 70.7% AB :: ...

Ratios & Harmonics: a Different Way to Trade

I think we're in danger of getting a little too involved in semantics... extensions, expansions, projections, retracements. Whether it is an extension or a retracement should be immediately obvious... if the fib line ends up on the opposite side to ...

Ratios & Harmonics: a Different Way to Trade

It sounds like you are only using the toolbar shortcut for fibs on MT4 Take a look at Insert > Objects > Fibonacci > Fibonacci Expansion Alternatively (and at the risk of confusing you further) a 127.2% expansion is the same as a -27.2% retracement.

Ratios & Harmonics: a Different Way to Trade

Draw a fib extension between point B and point C. You are interested in where the 138.2 and 161.8% extensions are in relation to the 127.2% extension of AB (shown as -27.20% on this chart), and the AB=CD completion point. Take a look at the green ...

Ratios & Harmonics: a Different Way to Trade

There are some definite pros for NT, hence why I said I wish I could get on with it better. I just find it too awkward to manage trades. Which means that I'll probably be using it for tick data (which isn't possible on MT) but actually trading on a ...

Ratios & Harmonics: a Different Way to Trade

In the methods used by Mr. Pip (i.e. this thread), the 'ABCD' is a particular AB=CD formation whereby C retraces to 0.618-0.786AB. If that particular criteria isn't met, it may still be an AB=CD but it is not an 'ABCD' That's it in a nutshell (I ...

Ratios & Harmonics: a Different Way to Trade

Glad to help. Also, if you hold down Ctrl when moving an object (like a trendline) it creates a copy. Very handy for AB=CD I wish I could get on better with NT... but I think I'll be returning to the MT fold.

Ratios & Harmonics: a Different Way to Trade

If you draw a trendline in metatrader, make sure in Properties > Parameters that 'Ray right' and 'Ray left' aren't ticked. That will give you a line segment (if I'm understanding the issue correctly)

Ratios & Harmonics: a Different Way to Trade

How very... harmonic!! Are you trading aggressive C, or completion of D?

Ratios & Harmonics: a Different Way to Trade

on the trades!

Ratios & Harmonics: a Different Way to Trade

The problem of arriving late: we think we have missed a great opportunity. But we have also missed all those failed patterns which could have tricked us... the failed patterns which we don't see anymore because the PA is blended into old candles. ...

Ratios & Harmonics: a Different Way to Trade