Not a great day 3 trades, 3 expectationfaillures and thus 3 losses. If only my second wasn't stopped out... image

Ratios & Harmonics: a Different Way to Trade

Not going great so far 2 trades 2 losers image

Ratios & Harmonics: a Different Way to Trade

like this? image

Ratios & Harmonics: a Different Way to Trade

And another one image

Ratios & Harmonics: a Different Way to Trade

I worked this weekend on the R:R and was looking for entries with at least 1:2 r:r and Then I noticed you've taken the same entry which was a nice confirmation for that I read the OF good. The hard work of this weekend is paying of imidiatly

Ratios & Harmonics: a Different Way to Trade

stopped out at +61 image

Ratios & Harmonics: a Different Way to Trade

I don't believe it. On the tick the same entry image

Ratios & Harmonics: a Different Way to Trade

Hello, watch the bar by bar video of mr.Pip. You’ll then know what to look for plus you also know what a decisioncandle is

Ratios & Harmonics: a Different Way to Trade

Yes that’s what I meant. If you review Damians trades you’ll see that he always had a risk/reward bigger then 1:1.5. I knew that already but didn’t pay attention to it since I thought that trading the expectation alone will be profitable over the ...

Ratios & Harmonics: a Different Way to Trade

I just realise that it's so true! You can have a great system but if you don't have a good risk/reward then you probably don't make much money. I took trades where my risk/reward was arround 1:1 but that's far more difficult to recover from when you ...

Ratios & Harmonics: a Different Way to Trade

Peter, the thing is when you trade this system for a long time say a few years and when you have a drawdown it is not a big problem. But by the start it hurts more. We must go through the first stage and after that I believe the emotions will go to ...

Ratios & Harmonics: a Different Way to Trade

I will thanks. Next week is gonna be better. You have great results man, keep up the good work

Ratios & Harmonics: a Different Way to Trade

I see. Then it must be a difficult market these days and we just wait for the good days to come. I only made 2 mistakes this week by not following my tradeplan so I have no problems with it since I followed my plan.

Ratios & Harmonics: a Different Way to Trade

It's ok. the fact that my first 2 trades were BE was a sign of a difficult market. And my 5th trade was exactly the one where I had to leave for a couple of minutes and that one would have played out fine. My last trade was because a ABCD completion ...

Ratios & Harmonics: a Different Way to Trade

Today was a bad day. I got mixed up in the OF and 1 trade I had to leave my computer for a couple of minutes so put it on BE and that was the one that would have worked out fine. total -83 . For the whole week I'm down 32 points image

Ratios & Harmonics: a Different Way to Trade

Hello, Like Damian mentioned before, you only need 20 points per day to grow big over time. Watch his video about money management. If I make on average 20 points per day I'm up 20% at the end of the month.

Ratios & Harmonics: a Different Way to Trade

You trade the 233tick and I trade the 144tick so on my chart I had a close above and a (very weak) NSH. I think that when I traded the 233tick, I also would jumped in because of the amazing risk/reward. Another thing I find very important is the ...

Ratios & Harmonics: a Different Way to Trade

Iwas looking at it too but I didn't liked the fact that it was a very weak NSH, although there was a lot of structure. If I can't see it clear I'll wait for better oppertunities. Nice trade congrats

Ratios & Harmonics: a Different Way to Trade

Done for today. 1 trade 30 points image

Ratios & Harmonics: a Different Way to Trade

Hello, if you count the one in the circle then you must also count the HL after your latest NSH and since that one failed I agree the expectation failed so you will expect then a NSL. Hope my explanation helps

Ratios & Harmonics: a Different Way to Trade