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THE only Pattern

  • #2,341
  • Jul 20, 2017 9:46pm Jul 20, 2017 9:46pm
Good area to buy GU 1.2950-60
atheer1
  • #2,342
  • Jul 21, 2017 1:45am Jul 21, 2017 1:45am
Quoting atheer1
Good area to buy GU 1.2950-60
Good call but wasn't awake for this one. How do you work out your stops and targets? Sorry you may have posted this before.
  • #2,343
  • Edited 7:07am Jul 21, 2017 3:17am | Edited 7:07am
Quoting atheer1
UJ may be aiming at 111 and below..........let us see
-------7

, S138 = would B happeee goin flat into d wkEnd
Attached Image (click to enlarge)
Click to Enlarge Name: trumpeee.png Size: 410 KB
da n0o0b + $hit_Disturber
  • #2,344
  • Jul 21, 2017 5:28am Jul 21, 2017 5:28am
Quoting dizzz
{quote} Good call but wasn't awake for this one. How do you work out your stops and targets? Sorry you may have posted this before.
I bought at 1.2965, and placed a stop just below the earlier lows at 1.2953. I placed my TP at 1.2990, just short of the earlier highs around 1.2995. That is a 1% gain on equity for a 2:1 R/R. It has since gone another 25pips higher, but I had already banked my profit

For the UJ trade, which I was a little more uncertain of, I sold at 111.90 with a SL at 112.10 (just above earlier highs of 112.07) My original TP was at 111.40. However, it almost reached the SL before dropping back into profit, and I closed it out at 111.75 because I became less uncertain of it.

I am now looking at shorting again below 111.50 (if it breaks that) down to about 111.20 [EDIT - Order just hit, SL at 111.60, TP at 111.20}

Just my way of looking at it
Return on Equity: 2017, 32.4%; 2018; 8.0%, 2019 (30Apr), 4.5%
  • #2,345
  • Jul 21, 2017 6:48am Jul 21, 2017 6:48am
Quoting Xeniz
{quote} I bought at 1.2965, and placed a stop just below the earlier lows at 1.2953. I placed my TP at 1.2990, just short of the earlier highs around 1.2995. That is a 1% gain on equity for a 2:1 R/R. It has since gone another 25pips higher, but I had already banked my profit For the UJ trade, which I was a little more uncertain of, I sold at 111.90 with a SL at 112.10 (just above earlier highs of 112.07) My original TP was at 111.40. However, it almost reached the SL before dropping back into profit, and I closed it out at 111.75 because I became...
nice my friend.............keep it up
atheer1
  • #2,346
  • Jul 21, 2017 6:49am Jul 21, 2017 6:49am
closed part ahead of NY

Attached Image (click to enlarge)
Click to Enlarge Name: p21.png Size: 20 KB

still holding 1/3 of my position
have a nice weekend
atheer1
  • #2,347
  • Jul 21, 2017 7:22am Jul 21, 2017 7:22am
Quoting dizzz
{quote} Good call but wasn't awake for this one. How do you work out your stops and targets? Sorry you may have posted this before.
Stop are below/above S/R...........not too far away

TP at R/S............I prefer those ending with zero
atheer1
  • #2,348
  • Jul 21, 2017 7:54am Jul 21, 2017 7:54am
UJ is diving deep after NY...............111 is in the reach
atheer1
  • #2,349
  • Jul 21, 2017 7:59am Jul 21, 2017 7:59am
Quoting atheer1
UJ is diving deep after NY...............111 is in the reach
-------7

nice = all d way to S138 @110.007
da n0o0b + $hit_Disturber
  • #2,350
  • Jul 21, 2017 8:18am Jul 21, 2017 8:18am
UJ must break 111.30 then 111
GU find difficulty to break 1.30-1.3010.......not impossible this day if bulls show enough momentum in the coming 2 hours ..........otherwise rebound down again
atheer1
  • #2,351
  • Jul 21, 2017 8:30am Jul 21, 2017 8:30am
Quoting atheer1
UJ must break 111.30 then 111 GU find difficulty to break 1.30-1.3010.......not impossible this day if bulls show enough momentum in the coming 2 hours ..........otherwise rebound down again
-------7
yes ur 111.3 is my S78 @111.337 = we're abt on d same page sofar
da n0o0b + $hit_Disturber
  • #2,352
  • Edited 9:18am Jul 21, 2017 9:01am | Edited 9:18am
For those who are struggling with R/S break or no break issue:

our system have our levels at 10s
so if you have decided that some level is a R ex. 1.3010..........most of the time it is safe to use this rule........if in our example the price reached 1.3020+1 point then this R has been broken otherwise it is holding.............

for S ex. 111.30 if 111.20-1 point then this S have been broken

for the issue of about to break or not ............it is another story to tell

most of the time when this rule failed......one of 2 reasons.........your level is not judged well........or there is a major R/S your are not aware of

Also you can use this point to stay away from bad brokers........how? if 90% of brokers who are regulated showing that a 10 is not reached while some other brokers show the contrary label them as bad brokers do not trade with them......either cheaters or have bad liquidity providers price pool
atheer1
  • #2,353
  • Jul 21, 2017 9:20am Jul 21, 2017 9:20am
I said 2 days ago that this GU R 1.30-1.3010 will be hard to break
atheer1
  • #2,354
  • Jul 21, 2017 9:24am Jul 21, 2017 9:24am
Thanks for continueing with sharing your knowledge on R&S lvls
  • #2,355
  • Jul 21, 2017 10:03am Jul 21, 2017 10:03am
Quoting pipsy7
{image}
-------7
banked 2x7 pos. @TP1 , remainin 7 goes to TP2
da n0o0b + $hit_Disturber
  • #2,356
  • Jul 21, 2017 1:57pm Jul 21, 2017 1:57pm
might hav to take these 7 remainin pos. over d wkEnd = mkts close in abt 2 hrs
Attached Image (click to enlarge)
Click to Enlarge Name: uj.png Size: 117 KB
da n0o0b + $hit_Disturber
  • #2,357
  • Jul 21, 2017 3:48pm Jul 21, 2017 3:48pm
Quoting pipsy7
might hav to take these 7 remainin pos. over d wkEnd = mkts close in abt 2 hrs {image}
with such selling it might even gap below your TP
  • #2,358
  • Jul 21, 2017 5:25pm Jul 21, 2017 5:25pm
Quoting atheer1
{quote} nice my friend.............keep it up
Thank you for the thread. Not all trades work out of course, but very pleasing when they do
Return on Equity: 2017, 32.4%; 2018; 8.0%, 2019 (30Apr), 4.5%
  • #2,359
  • Jul 22, 2017 7:07am Jul 22, 2017 7:07am
Quoting bistolis
{quote} with such selling it might even gap below your TP
-------7

That will make my Day 4sure , use hedge only as a No Way out !
da n0o0b + $hit_Disturber
  • #2,360
  • Jul 23, 2017 11:40am Jul 23, 2017 11:40am
Quoting Xeniz
{quote} Thank you for the thread. Not all trades work out of course, but very pleasing when they do
welcome
atheer1
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