Mr.Pip, can I get your opinion on the chart below. I can see a lot of confluence in the area highlighted yellow: 1) ABCD completion 2) PA reached 127.2 of AB 3) PA reached previous high 4) PA hanging around round number - 1.3000 5) I might be making ...

Ratios & Harmonics: a Different Way to Trade

Look at the video I posted on the Gartley pattern. That is how I determin the PRZ.[/quote] Thank you kind sir. Digesting what you said and will definitely watch the vid again( tomz or is it today). 3AM here from down under, better hit the sack. ...

Ratios & Harmonics: a Different Way to Trade

You make it look so easy.

Ratios & Harmonics: a Different Way to Trade

haven't see Mr.Pips rule for the bat pattern yet. Does this qualify as a bat?

Ratios & Harmonics: a Different Way to Trade

[quote=Mr. Pip;6402226][quote=liemo;6400885]Thanks for your response Mr. Pip. I'm a bit confused with how you are drawing these swings. I have a number of questions on what you have taught I hope you are able to answer when you have time: No it does ...

Ratios & Harmonics: a Different Way to Trade

Thanks for your response Mr. Pip. I'm a bit confused with how you are drawing these swings. I have a number of questions on what you have taught I hope you are able to answer when you have time: 1) When you are drawing harmonic swing on a chart, to ...

Ratios & Harmonics: a Different Way to Trade

Giving GBP/CHF a crack at going long: Reason: Daily - ABCD pattern - PA reached 1.272 fib extension of AB 30 Min - ABCD pattern image - PA reached 1.272 fib extension of AB - Price reached 78.6 fib of previous swing SL : 1.4552 Entry : 1.4579 ...

Ratios & Harmonics: a Different Way to Trade

Thanks Mr.Pip. I like your MM strategy, will keep trying it out on my demo.

Ratios & Harmonics: a Different Way to Trade

Hi CNTrader, What patterns do you have there?

Ratios & Harmonics: a Different Way to Trade

PA reached 38.2 retracement of AD. SL move to break-even for risk free trade.

Ratios & Harmonics: a Different Way to Trade

Thanks 4xf. Nice butterfly pattern. I'm just plucking these ABCD patterns in as per Mr. Pips rules and seeing how I go. My only concern at the moment is that my bias is still long. Not quite a Gartley per Mr.Pips rule but still a valid ...

Ratios & Harmonics: a Different Way to Trade

Got stopped out. On top the next, looking to short GBP/AUD @ 1.5088 Reason : 2x ABCD parterns 1 x AB=CD 2x 1.272 of AB SL : 1.5128 Entry : 1.5088 Target: 1.5024 Risk : 40 pips Target : 64 pips R:R : 1.6

Ratios & Harmonics: a Different Way to Trade

Here goes, first trade posted on this thread. Short EUR/AUD: Reason : 618 fib retracement of swing high (1.2737) and swing low (1.2568) : ABCD completion : 1.272 extension of AB SL : 1.2702 Entry : 1.2670 Target: 1.2615 (5 pips above 618 retracement ...

Ratios & Harmonics: a Different Way to Trade

Hi Mr.Pip, What are your reasons to short? I see that AB=CD but the bc leg is under 618.

Ratios & Harmonics: a Different Way to Trade

Agreed. They are both valid. Thanks.

Ratios & Harmonics: a Different Way to Trade

Hi Mr Pip. Would like to pick your mind. Below GBP/AUD 1hr chart show 2 ABCD patterns completing around the same area, both reaching the 1.272 of AB extension. Smaller abcd => Price and time of ab=cd are the same. Larger ABCD => Time of AB=CD is ...

Ratios & Harmonics: a Different Way to Trade

The file attached to the post has extension as docx, can someone with word 2010 save the word document extension as .doc and repost. Thanks heaps.

Ratios & Harmonics: a Different Way to Trade

I got it now , to sum it up the completion of the harmonic swing occurs when the dominant line retraces 38.2% of the main line. Just to clarify, you have 2 targets the first one @ 38.2% swing of AD, when PA reaches this level you move SL to ...

Ratios & Harmonics: a Different Way to Trade

Whoops. Chart attached.

Ratios & Harmonics: a Different Way to Trade

Hi Mr Pip, I have spent the last 4hrs reading through your thread- Great work !!!!...I like the way that you have presented your method on this thread and vidz they are very easy to understand and follow. Looking to learn more from you. I am now a ...

Ratios & Harmonics: a Different Way to Trade