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- rolandW replied Feb 22, 2016
Currently a winning trade- 5 pips booked in on NSL... lets see how this one will go - continuation of the previous move down, so looks pretty similar... lets hope this one goes to the 161.8 extension as well!
image Ratios & Harmonics: a Different Way to Trade
- rolandW replied Feb 22, 2016
I think you are not quite looking at the main swings - the more detail you go into, the harder it is to read the market. Your main swing shoudl be from the 9374 area (right at the bottom left of the chart, all the way up to the 9551 area. The NSX's ...
Ratios & Harmonics: a Different Way to Trade
- rolandW replied Feb 22, 2016
Hi Mr Pip, Just a quick question. You say you never enter trades unless the pullback reaches 38.2% retracement. Would that only be true if there was no structure - so basically a bit of a run away train, and a short pull back, you woudl be wanting ...
Ratios & Harmonics: a Different Way to Trade
- rolandW replied Feb 22, 2016
Haha, I was supposed to be responding to Paren's post... whoops! I thought your chart looked a bit different to mine, but the GBP and the EUR does follow the same sort of pattern... sort of...!
Ratios & Harmonics: a Different Way to Trade
- rolandW replied Feb 22, 2016
I didnt take it, as my price never reached the 38.2%... but nicely in profit if you took it at the retest! more importantly (for me at least!) is that it is almost down to that 161.8%... almost makes it looks like I am starting to ...Ratios & Harmonics: a Different Way to Trade
- rolandW replied Feb 22, 2016
I am looking at the same thing (all be it on the 233 tick chart) however, the Projection is strong, the momentum is strong and the previous depth is very shallow, I am expecting a 1:1 pull back, which puts My lower boundary at the 1.1093 mark, and ...
Ratios & Harmonics: a Different Way to Trade
- rolandW replied Feb 19, 2016
My best day so far with respects entering with confidence, and where everything seemed to fall into place, especially with the patience game... 2 winners and 1 debit, with an open long trade in the USDCAD. The debit was on the EURUSD, and was simply ...
Ratios & Harmonics: a Different Way to Trade
- rolandW replied Feb 17, 2016
Hi Monocor, this was the long term order flow I was talking about! image
Ratios & Harmonics: a Different Way to Trade
- rolandW replied Feb 17, 2016
hindsight is a wonderful thing, but I woudl ask why did you buy there when price was still heading down? there was only two candles in there, with the second one not really going anywhere? This looks to me like weakness - although we have not done ...
Ratios & Harmonics: a Different Way to Trade
- rolandW replied Feb 17, 2016
On the pull back on the GBPUSD, expecting a NSH, so bought in the shaded area, where i was anticipating a pull back. Not sure if this one will work out, but only trade with 1% of my account, so well within my tolerance level if it goes wrong!
...Ratios & Harmonics: a Different Way to Trade
- rolandW replied Feb 17, 2016
I have a saying that if i cant see what is happening within the first 30 seconds of looking at a chart, i will stay away... At the moment i am looking at the EUR/USD and GBPUSD charts, and so far nothing to see particularly, waiting for a decent ...
Ratios & Harmonics: a Different Way to Trade
- rolandW replied Feb 16, 2016
More along the lines that once I enter a trade I can see why it was a bad trade!!! Lol I think the decision making process is pretty easy, it is the patience and the trade management at the moment- but that will come with further videos (bar by bar) ...
Ratios & Harmonics: a Different Way to Trade
- rolandW replied Feb 16, 2016
Monocor, we don't have a LL (and your line is a little bit off - on a slant!
) It is a retest of the NSL. Because there was no NSL - we should probably expect a deep pull back, and it will probably test the previous LH (so the swing high ...Ratios & Harmonics: a Different Way to Trade
- rolandW replied Feb 16, 2016
Hi everyone, Please find attached Millionaire traders. It is relatively old, with most of the examples talking about end of the 80's up to the noughties, but i love reading about successful traders! A quick synopsis if you dont want to read it... 1) ...
Ratios & Harmonics: a Different Way to Trade
- rolandW replied Feb 16, 2016
Hi Damian, Many thanks for the really good video- I think it was really clear and all adding up to the decision making process which is nice and itterative in nature as we go thorugh these videos. One question I do have, only because it was not ...
Ratios & Harmonics: a Different Way to Trade
- rolandW replied Feb 15, 2016
not an expert, but my take on this would be that the momentum is increasing, the projection looks to be about the same, and the depth has increased. At this point we dont know if the move has ended or not, but in the future we can expect a LH and a ...
Ratios & Harmonics: a Different Way to Trade
- rolandW replied Feb 15, 2016
Thanks Mr.B... I have been a trader who prefers to set SL and TP and have them static at S/R levels which has always served me very well in the past. With the order flow analysis, I am siding on being more flexible, and therefor more aggressive in ...
Ratios & Harmonics: a Different Way to Trade
- rolandW replied Feb 15, 2016
Trade on the EURUSD, after taking the screen shot, i removed all risk from the trade, as there was some big rejection after the long candle, but that was in line with my expectations due to support and resistance as mentioned on the chart. Any ...
Ratios & Harmonics: a Different Way to Trade
- rolandW replied Feb 15, 2016
Mr Pip does not think that multi time frames are particularly clear, as there are different expectations on different timeframes- in the example posted, there are two time frames, which equate to short term order flow (1m) chart and Long term order ...
Ratios & Harmonics: a Different Way to Trade
- rolandW replied Feb 12, 2016
A couple of ideas that would really help me... I understand structure.... I understand the concept of Market flow analysis (although, i plan to spend part of the weekend looking back on the charts and doing some walkthroughs. The bits I dont really ...
Ratios & Harmonics: a Different Way to Trade