Hey Starry, Why didn't I take this agro C (and its not because I'm a scaredy cat ). I think the answer may help you out as it has kept me out of some bad trades. Remember the answer to all trades are not the same but each instance you answer gives ...

Ratios & Harmonics: a Different Way to Trade

Wow you're way more agressive than me right now. Look at the spikes into your zone on both those trades. If you took the eur at the first top why did you let it make a new high? PA gave you a triple bottom and then a lower high, time to be out with ...

Ratios & Harmonics: a Different Way to Trade

patience. We'll all get there soon!

Ratios & Harmonics: a Different Way to Trade

Hey Sossos, Days like this can be frustrating for your timeframe if you don't have experience reading the PA. As you get more practice and simulate trades these days will become "old" hat. I trade off the 89 tick as I can't afford a data provider ...

Ratios & Harmonics: a Different Way to Trade

Hey Gristar! Great looking trade. You may expect a retest if you entered on the pin in your zone. You have had 9 bull bars with the last 3 being aggressive and the pin showed some sellers but compared to all that buying pressure the bulls may want ...

Ratios & Harmonics: a Different Way to Trade

Hey Foxy! Thanks for the honest responce. It really got me thinking. I never really thought about there being a difference between analyzing and trading. The skill sets are markedly different. In analysis we are non emotional, building a case to ...

Ratios & Harmonics: a Different Way to Trade

This is actually quite brilliant Bronco! I try to write what I'm thinking on the chart before it happens. It helps me assess where my weaknesses are. I find I'm not trading at all. I can read price like a book but I seem to have trouble convincing ...

Ratios & Harmonics: a Different Way to Trade

It is my honor. You have taught me so much but I still have so much to learn. Cheers.

Ratios & Harmonics: a Different Way to Trade

Hey Starry, Weakness is tricky and I still struggle with it as it may not be about one simple fact. If you look at the chart we see absolutely no commitment on the bulls at all. We are at a possible demand zone so we may get a bounce but price shows ...

Ratios & Harmonics: a Different Way to Trade

Awesome Itinerant! Great trade and good read. You had angry bears on the previous big leg so more down to be expected or at least a correction. You had price stalling in the 61-78 zone with rejection off of the resistance area 3 times showing ...

Ratios & Harmonics: a Different Way to Trade

Sorry I was only trying to help. I've read the books and I wasn't very impressed at his use of the RSI as that adds one more thing to distract from structure, momentum and price. But if it works for you awesome. I know that Mr.Pip would rather us ...

Ratios & Harmonics: a Different Way to Trade

If you truly are committed to becoming a trader there is a wealth of knowledge in this thread. Mr. Pip has many hints in his charts if you look and study hard enough. Dont' get discouraged. We are very lucky to have him donate his time for free ...

Ratios & Harmonics: a Different Way to Trade

I'm doing much better than I was a few months ago but I'm still having problems with missing trades and getting stuck with the lousy ones . It seems my expectations of where price is going is getting much better but my timing still needs some ...

Ratios & Harmonics: a Different Way to Trade

Hey Starry, Structure is key to doing this exercise otherwise its just a bunch of frustration when the bars race into supply/demand and price tells you that it aggressively closed @S and the next bar becomes strongly bullish. You are going to be ...

Ratios & Harmonics: a Different Way to Trade

Seems to be a FXCM feed issue. Hope you can get it figured out. Cheers.

Ratios & Harmonics: a Different Way to Trade

I feel your frustration. The reasons we get random results is because we are still trading in the shadows. We all get frustrated but the big boys are obviously trading out of the shadows. Mr. Pip is obviously trading out of the shadows. PA leads us ...

Ratios & Harmonics: a Different Way to Trade

Hey shadodwel, I usually use a fixed amount and divide it by the stop needed. For instance if I'm using money management techniques similar to what Mr. Pip posted I'd trade a dollar divided by stop distance (below structure by a few pips for the 233 ...

Ratios & Harmonics: a Different Way to Trade

Hey usmanp, This is what I understand it to be. Mr. Pip has different rules for his ratios which have been posted though this thread so I wouldn't spend too much time reading those books as Mr. Pip has adapted the patterns and made them his own. ...

Ratios & Harmonics: a Different Way to Trade

Thank you for this awesome post!

Ratios & Harmonics: a Different Way to Trade

Rough day today. 2 small losses due to moronic choices and frustration over missing the main orderflow moves. Should have closed my platform instead of trading distracted. Hope you all fared better. Have a great weekend!

Ratios & Harmonics: a Different Way to Trade