Where to start with this... And i mean to say i am exactly the same - except i work off the 15 minutes time frame!

Ratios & Harmonics: a Different Way to Trade

not quite. A tick is an order, so the 233 tick chart is a candlestick made up of 233 orders or ticks, which could be over any period of time. A bar could take a day to close, or 1 minute.. The 5 min could be any amount of orders over a 5 min time ...

Ratios & Harmonics: a Different Way to Trade

Also, if you right click where the cursors are on the tool ribbon, go down to customize, and then you can add fib ext/fib retracements to the ribbon, so you just need to do one click... Hope that helps!

Ratios & Harmonics: a Different Way to Trade

It is equivalent, but not exactly the same! You can get indicators for MT4 that are supposed to be tick charts, but I have not looked at them, as they are never in the main window, an dseems to confuse me more than help me!

Ratios & Harmonics: a Different Way to Trade

You need to download ninja trader to get tick charts. You can use your fxcm login to get the streamed data for forex, but will need a data provider for futures. Mt4 does not have tick charts as standard

Ratios & Harmonics: a Different Way to Trade

Those entries.... VERY nice!

Ratios & Harmonics: a Different Way to Trade

I think the EURUSD trade looks good. For the USDJPY, be careful as it has just gone into a support and resistance area, and i have another S/R area where you first blue box is - basically where the structure is (drawn in about 8 hours ago!). Where ...

Ratios & Harmonics: a Different Way to Trade

After analysing some of my trades, it always comes back tot he same thing - not enough room for the trade to breathe, and ultimately being stopped out with a loss. So I have done a couple of things, but moving to a new way of trading this strategy ...

Ratios & Harmonics: a Different Way to Trade

On a long enough timeline, with unlimited funds, having no stop loss is perfectly fine, however we dont have the luxury of unlimited time or money. Forex is a numbers game, money management and trade management are the two key factors (you can even ...

Trading without stop loss

I dont know what you can expect... what strategy do you use? what money management do you use? what entry rules do you have? What exit rules do you have? What experience do you have? What is your win percentage? What is your draw down percentage? ...

how much do you earn per month trading forex?

Mr Pip, just have a quick question for you on the overall structural analysis... we know that the chances of a NSH being followed by a NSH is 70%, but wondering if we have another level of depth on this... For instance, if you get a NSH that is at ...

Ratios & Harmonics: a Different Way to Trade

Hi Earleone, the trailing stop that Mr Pip uses is: Retracement from LH (in your example) to the swing low (NSL in your example). The trailing stop is placed between the 50% and 32.8% retracement. As the move continues downward, you move the ...

Ratios & Harmonics: a Different Way to Trade

I think I am trading shorter term, but I have NSH as my expectation on the YM....​ image

Ratios & Harmonics: a Different Way to Trade

Hopefully a profitable one! happy trading!

Ratios & Harmonics: a Different Way to Trade

On what? The YM? wait until the market opens in 10 minutes, then we shall see some movement...

Ratios & Harmonics: a Different Way to Trade

Just a little observation, but one of your fib ratios is incorrect, you have 74% retracement? the correct fib derived ratio should be 78.6%... (square root of 0.618). Might seem like a small point, but better to be correct!

Ratios & Harmonics: a Different Way to Trade

Spot on. As mr p says, nsl is on the close of the candle... So deffo a nsl.

Ratios & Harmonics: a Different Way to Trade

I dont really think that you gain that much from seeing a big fat load of pips in the green... I think we have all seen that kind of stuff before. What sets you apart Mr P is your willingness to teach, your ability to teach, and your ability to show ...

Ratios & Harmonics: a Different Way to Trade

Cheers mr pip looking forward to both!

Ratios & Harmonics: a Different Way to Trade