Hi all,
There doesn't seem to be a thread dedicated to price patterns on the most reliable time frames (DAILY and above).
Sure, stops are {at times} larger on these time frames, but the returns are well worth the PATIENCE. If you think the stops are too big on these time frames, TRADE SMALLER AMOUNTS!!!
I hate sitting in front of my screen all day scalping for a few measly pips. Sure I can do it consistently, but I like to set, forget and go live my life each day.
I also think going through all pairs each day is a tedious task. Hopefully a joint team effort will help us pick up anything we've missed.
Any patterns are OK, from one bar (i.e. pinbars, outside bars, candles, whatever) to the almighty H&S. Just Please keep the charts to daily and above
And please try to keep your posted charts clean, we want to actually see the bars/candles on your chart!
Here is one of my favourite charts, the geppy monthly. How about that H&S pattern from late 2007!!
Just love the retest of the neckline almost to the pip back in July this year
To me, this is about as perfect as you're gonna get. There's a lower low and then a lower high (forming the right shoulder). Absolutely beautiful.
Current charts will be posted next.
There doesn't seem to be a thread dedicated to price patterns on the most reliable time frames (DAILY and above).
Sure, stops are {at times} larger on these time frames, but the returns are well worth the PATIENCE. If you think the stops are too big on these time frames, TRADE SMALLER AMOUNTS!!!
I hate sitting in front of my screen all day scalping for a few measly pips. Sure I can do it consistently, but I like to set, forget and go live my life each day.
I also think going through all pairs each day is a tedious task. Hopefully a joint team effort will help us pick up anything we've missed.
Any patterns are OK, from one bar (i.e. pinbars, outside bars, candles, whatever) to the almighty H&S. Just Please keep the charts to daily and above
And please try to keep your posted charts clean, we want to actually see the bars/candles on your chart!
Here is one of my favourite charts, the geppy monthly. How about that H&S pattern from late 2007!!
Just love the retest of the neckline almost to the pip back in July this year
To me, this is about as perfect as you're gonna get. There's a lower low and then a lower high (forming the right shoulder). Absolutely beautiful.
Current charts will be posted next.
Attached Image