THE only Pattern | Page 38 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Strategy behind 1 EA (buy only) and 1 EA (sell only) 2 replies

Can you trade only one pattern and be profitable? 61 replies

Script to change EA to long only/ short only at a price level? 1 reply

Price pattern scanner where I choose the pattern 4 replies

Pattern programs 1 reply

Attachments: THE only Pattern
Exit Attachments

THE only Pattern

  • #741
  • Nov 15, 2016 9:52am Nov 15, 2016 9:52am
You have to recognise market chop and stay away from it.. after US news/within us news, Look at the 1min on nzdusd, aususd, gold.

Usdcad 5, set's up a double only signal pattern.. will post charts soon.

PDF coming soon.. should help with how I use the MA..
It's in fear when people show what they truly value.
  • #742
  • Nov 15, 2016 10:20am Nov 15, 2016 10:20am
Quoting ensale
You have to recognise market chop and stay away from it.. after US news/within us news, Look at the 1min on nzdusd, aususd, gold. Usdcad 5, set's up a double only signal pattern.. will post charts soon. PDF coming soon.. should help with how I use the MA..
Ok thanks, waiting for PDF and screenshots.
  • #743
  • Nov 15, 2016 11:36am Nov 15, 2016 11:36am
EURUSD Long double bottom on M1:
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD trade 1.png Size: 61 KB
  • #744
  • Nov 15, 2016 12:07pm Nov 15, 2016 12:07pm
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-11-15_16-03_XM.COM-Demo.jpg Size: 126 KB
GBPYEN (orange level is open of the week)

Note sideways market today Pre US Session: Told traders here to watch for that pre-us open chop especially with US news.. if you can't scalp upwards and downwards look for the break and move away from the area...

Attached Image (click to enlarge)
Click to Enlarge Name: 2016-11-15_17-58_HFMarketsEurope-Live.jpg Size: 120 KB
EUSD
Look for breakout with session open momentum.. use the 85 ema and 200 ema..

Attached Image (click to enlarge)
Click to Enlarge Name: 2016-11-15_18-01_XM.COM-Demo.jpg Size: 123 KB
GBPAUD. No need to draw trend lines. But if it helps you see it better than so be it. nice only pattern trades on this pair today.
It's in fear when people show what they truly value.
  • #745
  • Nov 15, 2016 12:38pm Nov 15, 2016 12:38pm
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-11-15_18-20_HFMarketsEurope-Live.jpg Size: 127 KB
Gold 1 min trading in news.. its quite profitable. even though the 5min looked very difficult, that's what I do when 5min is difficult go down to the one min.

Attached Image (click to enlarge)
Click to Enlarge Name: 2016-11-15_18-30_HFMarketsEurope-Live.jpg Size: 114 KB
Oil. quite good today with the only pattern.... 5 min

Attached Image (click to enlarge)
Click to Enlarge Name: 2016-11-15_18-36_HFMarketsEurope-Live.jpg Size: 132 KB
AUSUSD... USD news trading.. 1 min

E=is entry candle at close of the specified candle
It's in fear when people show what they truly value.
  • #746
  • Nov 15, 2016 12:53pm Nov 15, 2016 12:53pm
Quoting ensale
{image} Oil. quite good today with the only pattern.... 5 min
Hi...

Thank you Ensale, I've been learning so much from you. Just wanna add more details to the OIL chart regarding the entries you mentioned on your chart..
I found very useful to look for such patterns (Arrowhead, J-hook, M, W formation and so on)and you should share more about the details of these setups....looking forward to read them.


Best regards,


Steven
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-11-16_022202.png Size: 68 KB
  • #747
  • Nov 15, 2016 12:54pm Nov 15, 2016 12:54pm
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-11-15_18-46_XM.COM-Demo.jpg Size: 125 KB
Gcad breakout with the Only pattern.

Attached Image (click to enlarge)
Click to Enlarge Name: 2016-11-15_18-50_HFMarketsEurope-Live.jpg Size: 123 KB
Usdcad. M I mentioned earlier.
It's in fear when people show what they truly value.
  • #748
  • Nov 15, 2016 2:06pm Nov 15, 2016 2:06pm
GUSD buyers strong.. driving it higher.. seller's failed to protect 1.24420.. also YL..
It's in fear when people show what they truly value.
  • #749
  • Nov 15, 2016 7:53pm Nov 15, 2016 7:53pm
This thread has become irrelevant just close it. As usual people come in and completely change the system / template and turn it in to a totally different system. Time and time again this happens. If you like your system start your own thread stop f***ing this one up. None of what Atheer taught is viable anymore. It's a completely different system on this thread. Just an actual shame.

Thanks to Atheer and InTheBox for your contributions. Everyone else well done for ruining it.

  • #750
  • Nov 15, 2016 8:29pm Nov 15, 2016 8:29pm
Attached Image (click to enlarge)
Click to Enlarge Name: 388.png Size: 48 KB


Attached Image (click to enlarge)
Click to Enlarge Name: 389.png Size: 51 KB
atheer1
  • #751
  • Nov 15, 2016 8:37pm Nov 15, 2016 8:37pm
Quoting andre3k
This thread has become irrelevant just close it. As usual people come in and completely change the system / template and turn it in to a totally different system. Time and time again this happens. If you like your system start your own thread stop f***ing this one up. None of what Atheer taught is viable anymore. It's a completely different system on this thread. Just an actual shame. Thanks to Atheer and InTheBox for your contributions. Everyone else well done for ruining it.
Do not be angry andre3k........They are showing their trades...........
atheer1
  • #752
  • Nov 15, 2016 8:44pm Nov 15, 2016 8:44pm
Quoting atheer1
{quote} Do not be angry andre3k........They are showing their trades...........
Their trades are running this thread and are completely different from the actual SYSTEM this task is based upon. I don't care if they show their trades but start another thread. They don't use ANY of the concepts you use. No lines, no clear template, and not the same entry method. I don't see how any of it is useful to what you're teaching.
  • #753
  • Nov 15, 2016 8:52pm Nov 15, 2016 8:52pm
Quoting andre3k
{quote} Their trades are running this thread and are completely different from the actual SYSTEM this task is based upon. I don't care if they show their trades but start another thread. They don't use ANY of the concepts you use. No lines, no clear template, and not the same entry method. I don't see how any of it is useful to what you're teaching.
I agree. I have been following Atheer1 for all his threads and I am currently trading this "only pattern" on the daily chart exclusively. I do not share my trades here for the reasons you bring up, Ensale is doing a good job and should not be posting trades if they are not the same as Atheers
  • #754
  • Nov 16, 2016 1:41am Nov 16, 2016 1:41am
I am trying my best to keep to atheer method, which is the only pattern. I use the same concept in all my trades.

Some traders asked me to show how I use the Moving avg, and I Have shown some examples, If you look carefully I have shown many good examples of the ONLY pattern.

The MA are aides, a bit like how the Bolinger bands are aids, you don't need to use them. I wanted to show people there was something else they could use, our acceptability and openness to other styles is important..

I wouldn't be sharing my way of trading it, if I Didn't believe in it, or didn't think others could see another way of doing it..

Finally please share how your trading it, Apologies if I have confused anyone, its not my goal.
It's in fear when people show what they truly value.
  • #755
  • Nov 16, 2016 4:11am Nov 16, 2016 4:11am
Quoting ensale
I am trying my best to keep to atheer method, which is the only pattern. I use the same concept in all my trades. Some traders asked me to show how I use the Moving avg, and I Have shown some examples, If you look carefully I have shown many good examples of the ONLY pattern. The MA are aides, a bit like how the Bolinger bands are aids, you don't need to use them. I wanted to show people there was something else they could use, our acceptability and openness to other styles is important.. I wouldn't be sharing my way of trading it, if I Didn't believe...
Hi Ensale, I do not mean to offend you or Kubaisty. If you guys are profitable and think it will help us please continue. Just please try to use Atheer's template. Additions are fine but I want to see the lines as this system is based on rejection of the lines. Your price action principles may be relevant but they're not something I can relate to thi system and understand based on what he's shown.
  • #756
  • Nov 16, 2016 4:32am Nov 16, 2016 4:32am
Quoting andre3k
{quote} Hi Ensale, I do not mean to offend you or Kubaisty. If you guys are profitable and think it will help us please continue. Just please try to use Atheer's template. Additions are fine but I want to see the lines as this system is based on rejection of the lines. Your price action principles may be relevant but they're not something I can relate to thi system and understand based on what he's shown.
Fair enough. i Accept it. I was expecting somebody to mention something and I will keep to the template as best as I can. in-fact I will download atheer template but I will have my Moving avg on there.
It's in fear when people show what they truly value.
  • #757
  • Edited 4:57am Nov 16, 2016 4:40am | Edited 4:57am
SEll EURUSD +5:

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD short 2.png Size: 62 KB



BUY EURUSD -5:

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD long 1.png Size: 65 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD long 1 update.png Size: 61 KB



BUY EURUSD+6:

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd long 2.png Size: 65 KB

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd long 2 update.png Size: 66 KB
  • #758
  • Nov 16, 2016 4:41am Nov 16, 2016 4:41am
Also to tell you the truth, Its a lazy style to not go on 1hr and look for zones. I trade with patterns in the market, market consolidates, breaks, forms a pattern and comes back or continues, rinse and repeat.

I use the intra day levels, Nobody will disagree that these are important, ask pro-traders, Open of day, Yesterday high, YL, Look at the charts, they will tell you their importance, However you don't have to do that.

I am the lazy trader, that looks for refined entries and attempts to be patient. experience helps me and quality chart time pays...
It's in fear when people show what they truly value.
  • #759
  • Nov 16, 2016 4:54am Nov 16, 2016 4:54am
Quoting Kubiasty
SEll EURUSD: {image}
You asked me How I manage trades and targets.

Ok. One of the things I do is Place Breakeven +2 after 5/10 pips/ few tests of entry. This depends on the pair or the trade setup, If I am trading counter-trend I will be more careful and Put BE quickly for example...

One way to get pips or get a good amount of pips, is to grid or trail, trail by 10 pips or, trail by 20 P. The best way is to place BE when you have a good trade and let her run. try to get 100/150 pips.

Cut your profits short and let your winners run. everyone has heard this saying. you just have to let your trade run as best as you can..

Typical pips to target for pairs I trade: In Pips. figures from my experience trading these pairs.
Eusd:20
gold:35
OIl: 30/50/100 depending on the trade
Gaud gcad gnzd: 50 pips
euraud eurnzd: 30/50
eurgbp:10/20

You can target the 127.2. of previous day high/low.

Trading the gbp in news I will adjust my targets. Go for 100 pips in good market movement..
It's in fear when people show what they truly value.
  • #760
  • Nov 16, 2016 5:14am Nov 16, 2016 5:14am
GCAD Bollinger bands and Moving avg comparison.: you see the same thing or the same interpretation..

Attached Image (click to enlarge)
Click to Enlarge Name: 2016-11-16_11-08_XM.COM-Demo.jpg Size: 105 KB
/
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-11-16_11-12_XM.COM-Demo.jpg Size: 77 KB
It's in fear when people show what they truly value.
8 traders viewing now