Hi Damian, Below is the condensed version of your trading strategy (the way I understand it). Can you please confirm if I got it right? Please correct me where needed so that I can have your strategy 100%. Thank you -Identify the main swing. It is ...

Ratios & Harmonics: a Different Way to Trade

Hi Mr. Pip, Thank you for the clarification. Also, thank you for speaking up when you spot something that might steer us away from the path of success. I also know that you are trying to teach us how to read price with accuracy, but in doing that, ...

Ratios & Harmonics: a Different Way to Trade

Hi Mr. Pip, I just read through your response to one of the posts and I don't fully understand some of your comments. Although I watched all your videos and adopted your trading style, when I tested it on a demo account, I was not profitable. There ...

Ratios & Harmonics: a Different Way to Trade

Thank you Jmezz, Yes, I decided to stay away from the 38.2 fib level. It does not make much sense to me to take those trades. In fact, I'm only interested in a trade if price pulls back to the 61.8. This poses a better risk to reward. I'm busy ...

Ratios & Harmonics: a Different Way to Trade

Hi Matts, It looks like a good trading opportunity.

Ratios & Harmonics: a Different Way to Trade

Hello Damien, When you did your back-testing many years ago, did you only focus on your C entries of the ABCD / AB=CD patterns in line with the expectation or did you also include D entries and patterns in your criteria? The reason I ask this ...

Ratios & Harmonics: a Different Way to Trade

Got taken out. I'm done for the day guys. Happy trading.

Ratios & Harmonics: a Different Way to Trade

The market is very slow and going against me for now. Let's see what happens.

Ratios & Harmonics: a Different Way to Trade

Break-even trade. Re-entered.

Ratios & Harmonics: a Different Way to Trade

Stop to break-even + 5

Ratios & Harmonics: a Different Way to Trade

Currently long.

Ratios & Harmonics: a Different Way to Trade

Ah man, I feel like a champion. I got taken out for about 370 points in profit. My first time having such a big winner. It wiped out so many losers. If only this was a real account, but one of these days I will be ready for that. Soon. Happy trading ...

Ratios & Harmonics: a Different Way to Trade

Hi Matts, Thank you for these explanations. It really helps. Maybe in time, I can build enough confidence to take those D entries on ABCD completions. Thank you once again.

Ratios & Harmonics: a Different Way to Trade

The short-term order flow failed so I switched to the longer-term order flow and took a short.

Ratios & Harmonics: a Different Way to Trade

Good morning from South Africa guys. I would like your opinion on something. Say on a strong market, price makes a shallow correction to the 38.2% fib level and rotates there. Do you take the trade or do you wait for a slightly deeper correction? ...

Ratios & Harmonics: a Different Way to Trade

Thank you Matts. Can't wait for tomorrow to start trading again. I love trading.

Ratios & Harmonics: a Different Way to Trade

Great post! You're right about the emotions. I have been stringing many losses the last few days and it is not always easy to stay focused on the plan when that happens. Thank you Damien.

Ratios & Harmonics: a Different Way to Trade

Ah, that is a very important piece of the puzzle. I see it now. Thank you Mr. Pip.

Ratios & Harmonics: a Different Way to Trade

Thank you Mr. Pip. I always look for a footprint to determine my area of interest.

Ratios & Harmonics: a Different Way to Trade

Exactly Jmezz. This is exactly how I feel about it. I have had so many great trades where price just turns around a few points from my target to take me out for a break even. Thank you for your post.

Ratios & Harmonics: a Different Way to Trade