Hi stavro, One method that I've used in the past on time-based charts when you get a big move in your direction is to immediately move the stop to ~halfway mark of the large range bar. Sometimes price will bounce back up and take you out but if the ...

Ratios & Harmonics: a Different Way to Trade

Ok, interesting. I avoided using that one because that was the complex correction high and I thought it better to use the swing high above it as that was the most recent LH after a NSL. Does this not matter?

Ratios & Harmonics: a Different Way to Trade

Awesome trade! I was eyeing the same but stayed out as I don't like trading the first ~5mins and also it hadn't retraced to the 38.2 of the swing that I used. Which swing did you use to anchor your fibs when you took this trade?

Ratios & Harmonics: a Different Way to Trade

I thought the same thing but a while back Mr. Pip had said that it is weakened however doesn't necessarily put new highs out of the question. Your first box came down to a nice demand zone. Your second box came down to the same zone but also had ...

Ratios & Harmonics: a Different Way to Trade

I was eyeing that same countertrend trade however I haven't really tried trading the countertrend corrections yet. Do you trade the corrections regularly? If so, what's been your experience? I'm going to try it out tomorrow with a tight leash.

Ratios & Harmonics: a Different Way to Trade

Who caught that squeeze in the Dow?

Ratios & Harmonics: a Different Way to Trade

I think the livestream is today right?

Ratios & Harmonics: a Different Way to Trade

Thank you all for responding. The reason I asked is because as I was watching in realtime I really had no idea what to do. On the one hand you have price making a NSH and if you take into account the entire leg then price had only broken short term ...

Ratios & Harmonics: a Different Way to Trade

Question to traders in this thread: In this scenario, do you take a long or do you wait for a retrace back up to take a short? Price broke the red trendline and made a NSH. Then small pullback and another NSH, which reversed and immediately made a ...

Ratios & Harmonics: a Different Way to Trade

Thank you for posting this!

Ratios & Harmonics: a Different Way to Trade

Well I had this setup all mapped and ready to go. Everything went exactly as expected but I went ahead and f'd it up by being too aggressive with stop. Price went up 6pts so I took that opportunity to move to b/e but was taken out, missing the big ...

Ratios & Harmonics: a Different Way to Trade

Did anyone trade the Dow today? If so please post some charts I'd like to see how others traded today. I stayed out myself.

Ratios & Harmonics: a Different Way to Trade

Tim this is awesome! I took a quick look earlier today and I'll play with it some more tomorrow morning. Hope you're continuing to get better.

Ratios & Harmonics: a Different Way to Trade

Really no rush to get into any trades today. Long weekend and large late day squeeze Thursday, just going to sit here and let things do what they do.

Ratios & Harmonics: a Different Way to Trade

Tim is yours setup solely for Forex or what would need to be changed to use it on Futures contracts? I'm having issues with Mr Pip's sheet as well. I've noticed if you drop the starting balance under 10k then you start to encounter problems with the ...

Ratios & Harmonics: a Different Way to Trade

Mr Pip - I was practicing on market replay and I'd like your opinion on a scenario. - Price makes NSH - Expecting pullback to around middle of the range - Price pauses on structure Would you attempt a trade here or would you wait for that deeper ...

Ratios & Harmonics: a Different Way to Trade

I played around with Mr P's spreadsheet as well and noticed if you drop the starting balance below 10k you start to encounter issues with the ratios working. Also am confused on the 'p/l' column that you input on as I believe this stands for 'profit ...

Ratios & Harmonics: a Different Way to Trade

There's a reason for it apparently. I found this from Ninjatrader forums - url So essentially the second you reload your chart or restart Ninjatrader your tick bars are going to be different than they were when you initially saw them as you were ...

Ratios & Harmonics: a Different Way to Trade

Interesting, never thought to try the 162. Adding it to the study list for this weekend.

Ratios & Harmonics: a Different Way to Trade

Earleon got it, they're fib numbers. I started off on 233 here but moved down to 144 to experiment with tighter stops.

Ratios & Harmonics: a Different Way to Trade