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- Sakeplz replied Nov 21, 2016
My Eur/Usd trade of the day. image My stop is currently place below this current structure that I'm expecting to hold, if price were to went against me I would secure 10 pips.
Ratios & Harmonics: a Different Way to Trade
- Sakeplz replied Nov 20, 2016
Good thing you waited, maybe I should had waited 2 hour after the market open before trading.
Ratios & Harmonics: a Different Way to Trade
- Sakeplz replied Nov 20, 2016
Manually got out for -10 pip when price close above the LH. image
Ratios & Harmonics: a Different Way to Trade
- Sakeplz replied Nov 20, 2016
EUR/USD 5 MIN image This is my analysis of the trade. Price had broken the HL, creating a NSL. Entry is shown on the chart and stop is above the LH, my expectation is for price to reach test the structure marked. Sorry for the line on the chart, ...
Ratios & Harmonics: a Different Way to Trade
- Sakeplz replied Nov 18, 2016
Thank you for breaking down the chart and explaining it to me. You were right, I ended up getting a lucky and I think I have no idea what I was doing. I'm still a novice in PA and I will spend time this weekend to watch your video again and have a ...
Ratios & Harmonics: a Different Way to Trade
- Sakeplz replied Nov 18, 2016
Close the trade for +16 pip due to sign of weakness. image Mr. Pip, when price had made a NSH should my HL be marked at when (A) is at or where (B) should be at?
Ratios & Harmonics: a Different Way to Trade
- Sakeplz replied Nov 18, 2016
image Set stop loss to +4 pip, I expect for price to hold below the red horizontal line, and for the bull to not be able to close above it.
Ratios & Harmonics: a Different Way to Trade
- Sakeplz replied Nov 18, 2016
Thanks Mr. Pip, I'm looking forward to hearing your analysis.
Ratios & Harmonics: a Different Way to Trade
- Sakeplz replied Nov 18, 2016
Because it broke down and close below the HL (B) followed by the bull trying to break back up the zone that I marked on the chart, just for the bear to push them back down which is shown by the bearish momentum candle.
Ratios & Harmonics: a Different Way to Trade
- Sakeplz replied Nov 18, 2016
Morning everyone, hope everyone trade went well today. My USD/JPY trade got stop out yesterday but it's fine. Here's my trade for EUR/USD 5 MIN. image The long-term expectation is a short. Price had made a recent NSH (A) but ended up breaking down ...
Ratios & Harmonics: a Different Way to Trade
- Sakeplz replied Nov 17, 2016
NZD/USD 5 MIN image The L/T expectancy is short. Price pulled to the zone marked on the chart and the bull struggle to overcome the zone and was not able to close 100% on the zone but instead loses steam which shown by the many candle wick and a ...
Ratios & Harmonics: a Different Way to Trade
- Sakeplz replied Nov 17, 2016
Yea, sometime that just happen. I learn to let it go and don't let a single trade affect me. I learn my lesson when my account took a 10% draw down from a single trade when I was emotional. I tried to trade mechanically and think in probability.
Ratios & Harmonics: a Different Way to Trade
- Sakeplz replied Nov 17, 2016
Yea, but once in a while it produce some nice PA.
Ratios & Harmonics: a Different Way to Trade
- Sakeplz replied Nov 17, 2016
image For my first trade, I went long at the arrow and I got stop out at the blue horizontal line on the chart. I usually risk 1% and a little under 2% on all my trade, never more than that. You never know if someday you have 5 loss in a row. And ...
Ratios & Harmonics: a Different Way to Trade
- Sakeplz replied Nov 17, 2016
It seem like price made a NSL and stop should be slightly at above .7405 to reduce risk perhaps?
Ratios & Harmonics: a Different Way to Trade
- Sakeplz replied Nov 17, 2016
Thank you for your analysis. Maybe I should had zoom out my chart and looked at the bigger picture and mark the market structure correctly. I think my win earlier today cause me to be over confident and trigger happy. The 1st trade was a long trade ...
Ratios & Harmonics: a Different Way to Trade
- Sakeplz replied Nov 17, 2016
USD/JPY 5 MIN image As shown on the chart, I went long and got stop out and decided to went short when price broke the HL based on the blue arrow and make a NSL. I would like some help on analyzing what went wrong with this trade. Did I marked the ...
Ratios & Harmonics: a Different Way to Trade
- Sakeplz replied Nov 17, 2016
Thanks Mr. Pip. Although I now have an understanding of market structure, I need more practice to master it and hopefully will soon be able to add order flow analysis to my tool box and also to trade harmonic pattern one day.
Ratios & Harmonics: a Different Way to Trade
- Sakeplz replied Nov 17, 2016
NZD/USD 5 MIN image This is the trade that I was in today, wasn't able to post due to work but manage to trail my stop. Ended up closing the trade for +42 pip.
Ratios & Harmonics: a Different Way to Trade