My feeling about this aspect goes more along these lines of thought presented by Big Mike from Futures.io: There is a whole thread there about it: URL to this post

Ratios & Harmonics: a Different Way to Trade

When i asked this question before i got something along these lines as explanation: image

Ratios & Harmonics: a Different Way to Trade

That's one of the condition that we often see when price could be considered OB/OS Usually, you'll see more volume at the end of a move in the OB/OS territories. TO be considered OB/OS i need to see price move with conviction in one direction ...

Ratios & Harmonics: a Different Way to Trade

What about simple price action principles. Break of TL or structure after a break of a TL. It seems much easier and no need to predict where price might reverse. Anyway, in a down trend like we are seeing on the EURO, any test of a prior swing low ...

Ratios & Harmonics: a Different Way to Trade

A good solution for a FAQ is a public excel document created with Google: url You just need to share the main sheet named as MrPip_FAQ with public access.

Ratios & Harmonics: a Different Way to Trade

Was seeing it like you today: image

Ratios & Harmonics: a Different Way to Trade

A) 41/70 were rescued B) 29 were lost with 3 contracts What was your maximum drawdown in terms of ticks in scenario B? Or the trade that lost the most? Then if you compare it to your average winner overall, what does it give? In your chart example, ...

Ratios & Harmonics: a Different Way to Trade

Before posting my opinion, what % of your trades that needed to be rescued are closed near to break even since you began to use this money management strategy?

Ratios & Harmonics: a Different Way to Trade

My game plan today was watching for a failure at the high since most breakouts fail specially that the last two days volume was declining: image

Ratios & Harmonics: a Different Way to Trade

I agree with the way you see and interpret the expectation. This comes in pairs. It is like describing a cat and saying a cat has a head only without mentionning anything about its tail. My own observation says the expectation when measured in ...

Ratios & Harmonics: a Different Way to Trade

I have seen numerous cases where people (Damian, Evo included) considered a change of trend was way before that point. Look at the small LH near the bottom before point B. Quite often you'll see people consider the break of this small swing at the ...

Ratios & Harmonics: a Different Way to Trade

Evo, snap out of this body ;-)

Ratios & Harmonics: a Different Way to Trade

This is a good question and it is related to your risk of ruin one of the most important concept in trading. If you want to form your own opinion i recommend to test different scenarios using a simulator like this one:

Ratios & Harmonics: a Different Way to Trade

On the 89T chart the clear swing high was at 24859 and clear swing low was at 24700. Anything between was on a microscopic scale but not on the 89T chart.

Ratios & Harmonics: a Different Way to Trade

What difference is there between PeteH long and yours? If you look at your long, there was price accelaration into your AOI just as well and you were bettting against expectation since price was expected to make a NSL? My point is if you are looking ...

Ratios & Harmonics: a Different Way to Trade

I think your pivot structure identification respects the rules according to my understanding leading to some losses.

Ratios & Harmonics: a Different Way to Trade

People mentions Scott Carney but i rarely see Damian trades Harmonic patterns per se. Most of his trades are using HH HL LL LH to identify structure and direction and measured moves to find potential targets or entry points. The only harmonic ...

Ratios & Harmonics: a Different Way to Trade

There are many tools to identify these patterns and some offer stats related to the results they provide. A quick search on Google should give you quite a few links to explore. At this site there is a video which provides a few indicators. You did ...

Ratios & Harmonics: a Different Way to Trade

Earlier you wrote : YM - anyone trading the D of this ABCD? Easier to see on the 1597T there were no signs that the CD leg was weaker. Maybe some of you take it automatically without considering the CD leg.

Ratios & Harmonics: a Different Way to Trade

I agree with your analysis however, this is the first time i read this. You are mixing two timeframes to arrive at this conclusion. His long trade that failed was not near the 23.6% if you take into consideration his anchor swing but i know what you ...

Ratios & Harmonics: a Different Way to Trade