And the Dow trade was opened up. I have marked out where the other trades would have been over the last month or so, as you can see, it is relatively simple and easy to get the pips in. Of course, there are no losing trades here yet, but there will ...

Aggressively Simple Renko

Just thought I would give this as an example of the power of this system...​ Just to the left of my trade from the end of Feb to the end of March - 1 month there was about 1255 pips to be had from 3 trades. image To break even on this, I could ...

Aggressively Simple Renko

So, first trade has been taken on USDCAD. This is a buy trade, and the rationale for entering was on these reasons: 1. price above moving average 2. Stochastic going above the 20 level As I said, it really is as simple as that!!! The fun stuff comes ...

Aggressively Simple Renko

The R:R is based on the overall performance of the account, not on any one given trade, ie the actual final R;R on any one given winning trade could be 1:1 up to 10:1. But the larger trades also have adding to positions to capitalise on strong ...

Aggressively Simple Renko

Simply because I have everything set up on mt4- and I can trade forex and futures with my broker from the Same platform... With the same charts! I don't see any advantage over the way I am trading at the moment. Bearing in mind that. Spread could be ...

Aggressively Simple Renko

I trade the Dow Jones 30 Futures index as well as the forex markets - the exact futures that I trade are here: url . These are the mini sized Futures! hence the ability to trade 0.01 lots at a time!

Aggressively Simple Renko

Sorry but you are incorrect. As mentioned, I trade at the beginning of the strategy with 0.01 lots (or contract size) I trade the dow futures also ( you can also see in the trade explorer that I have traded 6 times at lots of 0.01 which equates to ...

Aggressively Simple Renko

I would view the white line clear swing low just to the left, with a LH and NSL to where it actually points to... that would make sense with the small projection and the deep PB, and weakening in the bears... but thats just what i see...

Ratios & Harmonics: a Different Way to Trade

I think that the order flow is as valid on 1 chart as it is on any other. The benefit of the tick chart is you can see the candles formed by order, and not dictated by time, so ultimately there will always be 233 orders in the 233 tick chart, but ...

Ratios & Harmonics: a Different Way to Trade

Is there much correlation between S&P and Dow?

Ratios & Harmonics: a Different Way to Trade

​Just a bit of a structure trade against expectation (USDJPY 4H), but weakness approaching the bottom of the S/R leads me to think this is still in a range, and has turned on the point of the previous structure. The big push down and rejection shows ...

Ratios & Harmonics: a Different Way to Trade

I got the book for free as a pdf from a book site a few weeks back... it is interesting to see how it builds up - a lot of numbers in there, and is very focused on futures and contracts, as opposed to lot size, but it is all attributable to any ...

Ratios & Harmonics: a Different Way to Trade

You attribute the relevant contract size... so 1!!!! You choose the delta that gives you the right risk to reward ratio... an important point, is that the delta is mainly decided by the Drawdown amount. so if you have a SL of 40 with futures, at $5 ...

Ratios & Harmonics: a Different Way to Trade

I actually think you have placed the cyan line in the wrong place... It should extend further downward, and you have a NSH, a HL and then a NSH... the retrace would then be in line with expectation (difficult to tell without more of the chart) as we ...

Ratios & Harmonics: a Different Way to Trade

The idea is really quite simple - if you start off with a $500 account, and you start with 0.01 lots (for example) every time you increase the account size per lot, you increase the lot count. So, if you want to increase your lot size by 0.01 for ...

Ratios & Harmonics: a Different Way to Trade

EURUSD 4 hour chart: Just be careful of the shorts, as there is a big structure range that currently the price is sitting at the bottom of. I went long a couple of days ago based on the below outlook (but I am really good at picking the wrong ...

Ratios & Harmonics: a Different Way to Trade

This suggests that if you are unnerved before you have even started, it is probably not right at this moment... what i would probably say is that if you need to ask what the DD is, then you are not in a position to start on the futures yet. ...

Ratios & Harmonics: a Different Way to Trade

Nice, I took the same trade, allbeit off the 5 min off retest of sturcture, but still open for me as it missed my TP by 0.8 pips! Lets see i if gets back up and takes my TP out... I also have a longer term (4hr) trade open as a long as well!

Ratios & Harmonics: a Different Way to Trade

step back a moment, work on the current stuff that mr P has set out. It is not something you will perfect overnight, it taes practice, but if you do, it will pave the way for profitability. The harmonic patterns will come, but they are the icing, ...

Ratios & Harmonics: a Different Way to Trade

a strategy is ever only as good as the trader using the strategy. 2 people doing the same thing following the same process will get different results which is what harmonic has said- go back and test for yourself.

Ratios & Harmonics: a Different Way to Trade