Thanks for sharing your strategy. I have a question re. how you use Support & Resistance Indicator as I find it a little bit confusing from your comments. In Post #1, you said " This indicator is used as future stoploss levels/profit secure levels. ...

Trend Runner

Hi Mr. Pip, I just wonder when you will cover Price Action. Regards, Blackeagle

Ratios & Harmonics: a Different Way to Trade

How about trading both with aggressive C short trades as the trend is down and target D?

Ratios & Harmonics: a Different Way to Trade

It is much harder, agree, but important thing is to see without a bias. If you have a bias or put your emotions into the equation just before taking the trade, that's where trouble starts. Thanks for the comment. Regards, Blackeagle

Ratios & Harmonics: a Different Way to Trade

Yes, as long as you have the following three things: 1- A trading strategy with good R:R - it is really difficult to be right consistently, therefore a good R:R is a must. 2- Discipline - Rule based trading, trade what you see, not what you think ...

Ratios & Harmonics: a Different Way to Trade

The attached chart is GBPCHF daily. I have marked ABCD and when price is at C, the overall trend or the trend of the time frame I trade is still up. We don't know yet if price will break point B downward. After the break, we can confirm that the ...

Ratios & Harmonics: a Different Way to Trade

You are trading against a very strong uptrend in all higher time frames, H4, Daily, Weekly and even Monthly. It would be safer to take aggressive C trades in trend direction. I'll show you how I trade ABCD pattern in trend direction in the next ...

Ratios & Harmonics: a Different Way to Trade

Thanks for the reply. No, I meant to say discard the gartley and trade based on crab formation. Actually my question was somewhat regarding your entries like at what point in real time you decide that the pattern is complete and execute the trade. ...

Ratios & Harmonics: a Different Way to Trade

Yes, but Mr. Pip looks for a close above a certain fib level. Therefore Crab or Gartley options are still valid after the 6th candle. My question is about when we are at the close of 13th candle after point B (for the ones who couldn't follow, I'm ...

Ratios & Harmonics: a Different Way to Trade

You are wrong because what I'm asking is about before point C has been identified, I mean you are at the close of the bar before the C and you don't see the bar labeled as C (not formed yet) and you don't know yet if price will close above 61.8%. ...

Ratios & Harmonics: a Different Way to Trade

I have read all the posts with great interest and have a couple of questions for you regarding the above post of yours. The price closed within the dark pink cube at the end of the hour and there is still possibility that the pattern may be either ...

Ratios & Harmonics: a Different Way to Trade

There are horizontal growing humans, too. LOL. Besides, I wonder how giraffe is growing!!!

Another simple system - Time-Frame 15

Just some points to help you understand what LE means: 1- Have a look at my attached chart. It is the same weekly chart. By looking at left side, you see important SR levels and as you can see thick yellow line indicates a very important SR level ...

Another simple system - Time-Frame 15

What is Pro Version? Regards, Blackeagle

Another simple system - Time-Frame 15

Just check the previous 14 bars from your trade, PA is too flat, therefore it is better to wait for big boys (so London open). Also there is a strong USD uptrend in most pairs. Yes, Friday's CAD data was strong, but if you look at higher TF like ...

Another simple system - Time-Frame 15

It seems most of the things re. these long trades are wrong such as: 1- Trend is definitely down. 2- Not much room for CT trade 3- There is an immediate SR line at 1.2910 (check your H1 chart) 4- Why do you open multiple trades at similar prices? 5- ...

Another simple system - Time-Frame 15

You are correct. Due to vertical blue line, I can't see the wick of the bar on M15 but the close is certainly above EMA200 and pivot. So it seems trader anticipated the move and traded accordingly at that stage. But, although price might be below ...

Another simple system - Time-Frame 15

There is nothing to correct as you followed all the rules. The trade is well planed and executed from entry to exit. It is just a failed trade. But important lesson should be that because one trade or several trades did fail, we shouldn't give up ...

Another simple system - Time-Frame 15

Actually whether there is a gap or not depends on which broker you use. Some brokers like IBFX opens late and you see that there is a gap to be filled. But some brokers, like Oanda, opens early on Sunday and as you can see from the attached chart, ...

Symphonie Trader System

It looks like "Range bars" with default TDI settings. If you check the times, you'll see that they are not M15, so it is not a time based chart. Since the bars do not like Renko bars, they are range bars, most probably. Regards, Blackeagle

Another simple system - Time-Frame 15