To also add to that trade, earlier in this thread Ujku80 talks about after 2 harmonic completions price should retest the 61.8 of the entire move. But technically speaking price is in a complex correction of the entire move and is losing strength to ...

Ratios & Harmonics: a Different Way to Trade

Personally I use the 1hr. I tend to get the best R:R when trading that one plus I have some extra time on my hands. It really helps me with emotional control as well. I sometimes use the daily chart as well just to give me an overall bias ...

Ratios & Harmonics: a Different Way to Trade

Jmezz I sometimes do this but I don't take it right at the completion. I normally trade UJ and price tends to run a little bit further than the 1:1 so i usually trade if i see a rotation/slight engulfing as long as there is some form of resistance ...

Ratios & Harmonics: a Different Way to Trade

PeterT When the market starts ranging I start being more aggressive with SL as well as focus on the order flow that isn't ranging. So if intraday is ranging like UJ has been I notice what long term is doing so to be prepared for any incoming large ...

Ratios & Harmonics: a Different Way to Trade

I feel you there Hazza88. I was doing great all month and then this week I got utterly destroyed. From accidentally putting a too large of a lot size right when news hit against me to being turned around in order flow. Just persevere brother, it'll ...

Ratios & Harmonics: a Different Way to Trade

I completely understand that friend. Binaries burned me too many times so the change to spot forex has been much better financially. I only watch USD/JPY so I'm probably a bit biased anyway. I haven't looked at any indexes that much and the only ...

Ratios & Harmonics: a Different Way to Trade

I've noticed that USD/JPY is easy to trade with Mr. Pips method. It tends to move very incrementally with micro, intra, and long term order flow and it has a habit of very likely testing the previous NS* with the next HL/LH. I don't disagree with ...

Ratios & Harmonics: a Different Way to Trade

Sdatta, I'm thinking the same thing as you. It seems this low area is a very strong area of structure LT and it just made a NSH. So I'm thinking it should start moving back upwards soon. I'm currently long on UJ for a longer term trade.

Ratios & Harmonics: a Different Way to Trade

Makes absolute sense Velikov and if I remember right you said you were headed to work so I can see what happened there. Thanks for explaining your thoughts

Ratios & Harmonics: a Different Way to Trade

Hey Velikov, I noticed you protected waaayy early. You were right the first time you just didnt give it very much time to get away before protecting. Why did you decide to protect early and then switch directions trading?

Ratios & Harmonics: a Different Way to Trade

Trade I took last night on UJ 5m. It was off my phone so I apologize for bad quality. Overall best trade I've successful completed through my trade plan. Any and all comments welcome. Edit: I added my computer screenshot for comparison. First circle ...

Ratios & Harmonics: a Different Way to Trade

Stop loss was hit by a news event by 1 pip only to turn around and fall like a stone...... Notes on chart but on the plus side I was still correct in the analysis!

Ratios & Harmonics: a Different Way to Trade

Heavy breakdown on this last harmonic completion but SL still safe. Drawdown of 10 pips and it's getting really close to decision time. Long term OF is bearish and so is intraday so come on short term get on board!

Ratios & Harmonics: a Different Way to Trade

This is the trade I am currently in. R:R was a 4:1 for intraday so it looked favorable to me. Comments and criticisms are welcome! Notes are on chart.

Ratios & Harmonics: a Different Way to Trade

You are 100% right there my friend. Still working on the patience aspect

Ratios & Harmonics: a Different Way to Trade

Thanks KensTrader! I see that i had my stop at short term rather than last clear high. I like to use boxes to measure areas of high structure as well as S/D zones so i know what to look out for.

Ratios & Harmonics: a Different Way to Trade

Hello Everyone, This is what I'm currently looking at and may have gotten in a little early so any thoughts? I have notes on chart as well. Edit: Got out with +2 pips after price went against me for awhile. Still working on holding trades once they ...

Ratios & Harmonics: a Different Way to Trade

It has been a journey following this thread. I started in October and i can finally say I have caught up to this and finally feel i can post. I have been testing each and every lesson and learning as I go through this. I would like to thank Mr. Pip ...

Ratios & Harmonics: a Different Way to Trade