Ratios and Harmonics: a Different Way to Trade -
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thread: Ratios and Harmonics: a Different Way to Trade

  1. #11
    Junior Member rociomerax's Avatar
    15
    Thanks for the responses, suggestions and testimonials. What a fantastic thread this is, you guys are really amazing
    Sorry to hear that, PeterT. I have respect on your analysis and trading. In my experience, I had out of my software platform, a statistic of first week of december to beginning of febuary, every week profitable. I almost doubled my account. When this new wave of huge quantity trading, I neglected to see the differences (with my parameters, what had been a chat of ~3 minutes finished to an average of 25 seconds chart ). Before I discovered this, greed got the best of me, and the rate of the candles would make me always late, and with stops which weren't adjusted to this volatility (especially in cfd's ). I dropped plogical control, fruion kicked, and return to january account values.

    Trading might appear easy, but is constant awereness of a single self and constant control.

    My advice is to do , what I do if I am in that situation: believe hard in what you need to change and would like to change to keep in the match, and operate on it, regardless of what profit/loss you achieve. Keep practicing it and working on it. Last year I did this, and alot of mistakes I needed. But its difficult to change mentalities, do not think that in 1 transaction or one week that the habits die.

    Do a trading plan, not only for your trades, but to the development on your trading, and work on it. I have confidence that in the event you work hard, you can accomplish it !

  2. #12
    Member PRZ7's Avatar
    32
    Early commerce on YM: 96. This was the continuation of the transaction of Friday which gave 25

  3. #13
    Member van's Avatar
    32
    Hello : This is almost a bug free version of online tick chart creator which work as an indior. I am running 2 instances of the indior on 2 chart one and place the time period to M5 , along with also another of Time and 233 framework of M1 and these two are giving me all information for Price action. Both instance share the exact same history file. document image image
    Hello traders this post is for Mt4 users :
    Eventually I managed to learn and fix the problem of displaying Tick Bars on the weekend of a period established chart of mt4.
    So here is the most recent version of my bar chart drawing tool on the dwell mt4 charts, I have included a trend line fibo drawing instrument and a template which works with them.
    These are the necessary tools to exchange on the grounds of all Damiane's lessons on mt4 platform.
    Please be kind enough, when you use them make me more happy, by composing a feedback .you may send me private message. Https://www.cliqforex.com/attachment...8816910428.ex4https://www.cliqforex.com/attachment...1257253645.tplhttps://www.cliqforex.com/attachment...1803021696.ex4
    you might find the sample charts of the tools at work, along with other details in my previous posts, just search for them in file attachment section of the thread.

  4. #14
    howdy . Glad to see your thread is flourishing. Great stuff happening here.

    some interesting comments here. About fear and greed....the system you use must eliminate these feelings as its in the maths not feelings. A prosperous trader asks the correct questions:

    1st) How much am I ready to shed (SL) (trade need be less than 3% of account value)
    2nd) risk:reward (I wouldn't consider 1:1 or 1:2 ratio. Whatever from 1:3 ( ) is a rewarding endeavor.

    If you neglect to have entry and exits prior to entering a transaction you will get wiped out!!


  5. #15
    YM - well I am short at 25283 on 1:1 conclusion to the 76 fib of the larger swing down. This item is really trying hard to loe direction though....
    I took exactly the same trade also... stop was just hit

  6. #16
    Junior Member aran610's Avatar
    19
    Hi everyone! Todays market is a bit difficult to trade. So far 3 transactions two winners and 1 BE. I can't get a good entry since the corrections are extremely shallow

  7. #17
    Junior Member LAURIELDEFREXX's Avatar
    23
    decent trading day today. . .4th commerce was terrible and expected the correction. However I regained all yesterdays losses so happy about that

  8. #18
    I think I'm done for the day. This week has wrecked me. Down 15% on my live account. I expect next week will be better. Have a good weekend everybody.

  9. #19
    I think I am done for the day. I has been wrecked by this week. Down 15% in my live account. I expect next week is going to be better. Have a fantastic weekend everyone.
    Notes for second week for myself... do not trade before 9:30, do not trade against the expectation even if you anticipate a profound correction (you're awful at this simply don't do it), stop attempting to call bottoms and tops, wait for that ideal rotation candle (be patient), if your expectation is for a NSH or NSL also it retraces above 78 fib you want to get out or create a rescue mission and start looking for trades the other way.


    Im writing the above in large bold letters sticking to my computer screen

  10. #20
    quote Notes for next week for myself... don't commerce before 9:30, don't trade against the anticipation even in case you anticipate a deep correction (you are awful at this simply don't do it), stop attempting to call tops and bottoms, wait for that perfect spinning candle (be patient), if your expectation is to get a NSH or NSL also it retraces above 78 fib you need to get outside or make a rescue mission and start looking for trades another way. Im writing the above in big bold letters sticking to my personal computer screen
    Most of that sounds like great advice to any of us, I really don't know the part about retracing into the 76 and trying to get out. The majority of my commerce setups retrace from a NSH(L), to the 61 or 76 before I even take the trade. I might not be knowing what you are discussing.

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