I think it can be though of in terms of support and resistance. Lets say we have a deep retracement, and we want to know how far the next swing will go. 2 of the 6 cases involve a deep retracement in the second position: deep projection, deep ...

Ratios & Harmonics: a Different Way to Trade

A pattern starts with a swing, and then 3 more swings. The second swing is a retracement or projection of the first swing, the third swing is a retracement or projection of the second swing, and the fourth swing is a retracement or projection of the ...

Ratios & Harmonics: a Different Way to Trade

I have cobbled together some results and have put it to a practical use (analyzing one of mr pips trades). Admittedly i only based the results on all of the days mr pip traded and posted, but i think its still valid. 6 common combinations deep ...

Ratios & Harmonics: a Different Way to Trade

I like your stoplosses! Thank you very much for the candlestick pattern chart, I am going to print that out and use it.

Ratios & Harmonics: a Different Way to Trade

Im not sure how to visualize this, sorry, what do you mean by adjustable swivel and signs tend to reject? Can u quickly draw the patterns on a ninja chart using line segments? I'm guessing you mean that the adjustable swivel + HH/HL/LH/LL large ...

Ratios & Harmonics: a Different Way to Trade

I agree :nerd: Its at a tipping point, up powerfully or down powerful and quickly

Ratios & Harmonics: a Different Way to Trade

Haha, the FBI is the funny part! They seize a drug trafficking website (SilkRoad) on the deep web, which used bitcoins. But apparently they cant hack the bitcoin wallet owned by the person behind the operation (that they have arrested). Wooooops. ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

BITCOIN IS BEARISH! well at least it has reached a harmonic completion point. But hey, at least its starting to look like a normal currency pair (well a volatile one, but normally volatile like the japanese pairs) Good thing I can analyze charts so ...

AmazingCircle Trading Tool

Just for fun: heres a bitcoin vs usd chart (i imported it from raw online data, so its not live)! where will it go edit: hey, its at a harmonic completion ab = cd. most likely bearish with the quick acceleration at the end there. target ...

Ratios & Harmonics: a Different Way to Trade

I agree, finding the start and end is the most important. PRZs are areas of confluence, which are supposed to be where price ends (price goes from A to B). In order to verify this, mr pip uses order flow weakness and price action weakness, which ...

Ratios & Harmonics: a Different Way to Trade

cool! I don't know what type of momentum is used because it isnt talked about much, but I'm sure if we talk about momentum related to taking profit for harmonic patterns, then everything will be OK. Night folks

Ratios & Harmonics: a Different Way to Trade

Thank you for the file! This reminds me. I think mr pip optimized the harmonics based on his intuitive or objective observation of retracement and projection depth. gartley and abcd: deep retracement, deep projection => deep retracement (61.8%) bat: ...

Ratios & Harmonics: a Different Way to Trade

Hey thats what all currency is right? I just commented on it, because I watched in and was actually blown away because I never knew how currency exists without anything backing it. But it sort of makes sense. Maybe what we need is a decentralized ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

Ill start with what to expect with retracement and projection. Note that I dont (yet) know what to expect, but Im pretty much into figuring it out and it should be straightforward if we discuss it, since we all have experience to draw upon. Maybe we ...

Ratios & Harmonics: a Different Way to Trade

Or we could discuss/discover/verify certain formula or concepts, like (and theres more combinations too!) deep retracement, shallow projection => deep projection deep projection, deep retracement => shallow projection possible definitions (not ...

Ratios & Harmonics: a Different Way to Trade

I think we need new material expanding on the concepts introduced in this thread. Heres an article about how momentum changes can be used to determine high-probability break out scenarios. Maybe we can discuss some insights into momentum and how to ...

Ratios & Harmonics: a Different Way to Trade

Hey! That circle and grid is like mine. Where'd you get it, if you dont mind sharing (if you remember)? so i might get some extra insights

AmazingCircle Trading Tool

Eh.. the market is visual that's all I know for sure... we all pick our edges and this is mine, plus harmonics

AmazingCircle Trading Tool

i vote for down cause im short!

EURUSD

Agreed, I just started today to try to keep a consistent journal, every time i trade. I think i will make it this time. Thanks! Starry

Ratios & Harmonics: a Different Way to Trade