DonPato, Great posts and analysis. The exploration of volume, and specifically the Bid vs Ask activity is well worth everyone's time. After beginning to study and understand that Price itself is essentially a product (dare i say: an indicator) of ...

Hey...what about Volume?

DonPato, Posting the same chart with signals as above, as well as zoomed view of each signal with and internal view of the BID vs ASK/OFFER bars at each level. Hopefully this will help illustrate the point i am trying to make. At the bottom of the ...

Hey...what about Volume?

I use absorption and mini-absorption as the final trigger in my trading . . . very high % of trades will reach BE, many trades will earn high RR profits, and few trades will hit initial SL. Busy with holiday, family, travel, but should you want to ...

Hey...what about Volume?

Trade carefully today, there was an 60-ish tick liquidity vacuum on YM shortly after 11 EST. If you were long there was no way to exit a trade, including your SL. Good weekend everyone! N

Ratios & Harmonics: a Different Way to Trade

Abade, Sometimes Youtube links on forums do not embed correctly. Today's session can be found here: url If you subscribe you will receive a notification each time a video is published

Ratios & Harmonics: a Different Way to Trade

Damian should be posting the link shortly . . .

Ratios & Harmonics: a Different Way to Trade

1597T chart, ABCD completion happened at the 161.8ext with harmonic confluence. No signal candle to short at the 127.2ext. The 138.2 was trickier with the pinbar/doji. Looking forward to live stream tomorrow . N image

Ratios & Harmonics: a Different Way to Trade

Hey Mil, I also had a long trade on the 233T at 634 and got taken out at +1 by a tick . . . i managed it aggressively given the multiple abcd and 1:1 completions we were approaching. On the 1597T this is what i am watching: N image

Ratios & Harmonics: a Different Way to Trade

Not a problem at all . . . For those that may not be able to make it Wednesday, you can leave questions in the thread and watch the recording.

Ratios & Harmonics: a Different Way to Trade

Noticed this as well . . . from what i can see from the DOM/Orderbook replay, it appears to be a liquidity gap, essentially all limit orders got pulled and price behaved erratically. I wanted to double check it was not a massive order going off at ...

Ratios & Harmonics: a Different Way to Trade

We have all made this same mistake before. As you said, "drawing a line on the swing" you want to trade, will greatly assist in navigating orderflow and help not get lost in the immediate OF. This way, if we do choose to trade a correction, at least ...

Ratios & Harmonics: a Different Way to Trade

Csternfx, Seems you have answered your own question . Usually, Damian's first chart will have a fib drawn which will help you identify the swing he intends to trade. Once you know the main swing, everything else makes sense, including complex ...

Ratios & Harmonics: a Different Way to Trade

I wish you the best on your 220 trade journey, and hope you achieve those 121 winning trades. As long as you accept that whatever outcome is solely and completely your own responsibility, this can only be a positive learning experience, regardless ...

Trading Made Simple

ItaTrader, The top row (2,3,4, etc) represent consecutive losing trades. For each hypothetical W/L% strategy (columns A & B), the body of the worksheet indicates the likelihood of the consecutive losers occurring. This is an important aspect of the ...

Trading Made Simple

Kelvinyun, The truth is your recent string of undisciplined/irresponsible trading does not define you. What is of much greater importance and consequence is how you choose to react. Every single real trader has had to struggle with discipline and ...

Ratios & Harmonics: a Different Way to Trade

Sorry, but the excel you posted proves nothing, zero. I highly recommend you have a good read on the following two subtopics within Money Management: 1) Max Drawdown 2) Trading Costs Since you like pics, i have included two to get you started. Lots ...

Trading Made Simple

Emma, Count me in as well . . . I am currently trading a completely different system on the CME/CBOT, however this thread, and many of your posts, were my first turning point as a trader. I would very gladly follow along and continue expanding my ...

Trading Made Simple

. This is very much appreciated Damian, truly very selfless on your behalf. I believe this will help our communal goals of constantly learning while consistently evaluating, trading, and therefore profiting from the market. Thank you N.

Ratios & Harmonics: a Different Way to Trade

Great, makes total sense now . . . thanks

Ratios & Harmonics: a Different Way to Trade

Damian, In your LT trade, besides the usual TP (sell limit order) and SL, there is also a BUY MIT order . . . is this a " Buy Market if Touch" type order? If i had to guess, i would say this is a pre-planned rescue mission in case the market drops ...

Ratios & Harmonics: a Different Way to Trade