Those are nice observations about the BE management Starry I agree with you. Sometimes the breathing space needs more room. If it gets to 38.2% we know one thing, that is going in our favor, so at least we can reduce the original risk but ...

Ratios & Harmonics: a Different Way to Trade

Nice picture man! Exactly. It is important to recognize that increase/decrease in momentum because they basically dictate what type of trade you will take. It would be completely out of the question to take an agressive C buy when you have an ...

Ratios & Harmonics: a Different Way to Trade

Very nice trades. So you had basically the same call in GU, NZ and AU... and short in EU if you would had taken that one too. That demonstrates once again that traded smartly, building an independent case on each, you can take more than one trade at ...

Ratios & Harmonics: a Different Way to Trade

let's get ready! One of the things Mr. Pip mentions when he talks about order flow is momentum. Momentum is generally given by the slope of the trenlines in the different swings. If you are an intraday trader you will notice that after ...

Ratios & Harmonics: a Different Way to Trade

In my words... I take my trades off the 6-pips range bars (15m equivalent) and watch price action in the 233 tick charts (5 min equivalent). I try to remove the time from the equation as much as I can. However price leaves its footprints in the big ...

Ratios & Harmonics: a Different Way to Trade

Ok, I entered that agressive C however I didn't hold the position, it ended up providing like 30 pips Anyway, what a day! 32 pips EU and 34 pips GU. Today's lessons: - Orderflow is important, it will put you in the winner side most of the ...

Ratios & Harmonics: a Different Way to Trade

What about a short refill at 1.3780/85 in EU? (if price gets there...)

Ratios & Harmonics: a Different Way to Trade

Well, even better, but that is a little beyond my horizon, since the PRZ is bigger and maybe my SL is inside that area. Risk free trade in both GU and EU now! Both have achieved the 38.2% of A to D. EURUSD 6-pip range bars: image GBPUSD 6-pip ...

Ratios & Harmonics: a Different Way to Trade

You might be right. But the bullish momentum has finished a little. At least the 1 hour candle lost a lot of its bullish strength. If it gets to 38% retracement of AD I'll move it to BE and everyone happy

Ratios & Harmonics: a Different Way to Trade

Just an aclaration. We are trading an AB=CD not an ABCD. The ABCD has to fall in a 618-786 retracement and right now we are taking it from a 50%. You can also find confluence with the supply zone around 1.38 if you go back in time. We don't talk ...

Ratios & Harmonics: a Different Way to Trade

That's nice! I am not very familiar with cypher, but knowing that is present encourages me for my current short position I noticed the AB=CD with exhaustion at 161.8%

Ratios & Harmonics: a Different Way to Trade

@FineForex: where would you place your SL here? I found structure at 1.38 in EU with swing extension to the 161.8% exhaustion area.. so it's like if I entered where the stops were supposed to be. Entered at 1.3792. Year's high is at 1.3810. image

Ratios & Harmonics: a Different Way to Trade

image Feeling I got a little late (or early ) to the party in GU. Gartley completion with structure to short this baby. I entered a small position. Let's see. Exercising timing a little here.

Ratios & Harmonics: a Different Way to Trade

Yes, it is possible, however the way to draw it in the chart is more rudimental. Anyway, once you get used to it is ok. See this picture, you can see I've done it before. image I need a couple of days and I will upload one version like that. Hey ...

Ratios & Harmonics: a Different Way to Trade

MT4 Fibonacci Objects Colors and Descriptions This indicator will change the color of the distinct fibo objects automatically and recalculate the descriptions to display prices with 4 digits instead of 5. This is an update of an indicator I shared ...

Ratios & Harmonics: a Different Way to Trade

Happy family means happy Mr. Pip. Enjoy these days with them!

Ratios & Harmonics: a Different Way to Trade

Oh yes I see Hey, great series of posts, thanks a lot, we all are very appreciated. I think our mate kumaramy is going to enjoy the candle by candle one

Ratios & Harmonics: a Different Way to Trade

I finally understood the word MOMENTUM! That first picture worth Gold. I went to my charts and tried to locate that ABCD, and after taking the high to the previous and then the previous I finally could see something, but it was a little forced. ...

Ratios & Harmonics: a Different Way to Trade

Trade what you see. I have given it a look and it seems great, very aligned with Mr. Pip's teachings.

Ratios & Harmonics: a Different Way to Trade