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THE only Pattern

  • #2,481
  • Aug 8, 2017 8:56am Aug 8, 2017 8:56am
Quoting atheer1
{quote} UJ break through S at 110.50 and now trading at 110.20-30 S..............EU ranging between 1.1820-1.18 and will break to one side
I saw a lot of anticipation from the "gurus" that EU will break up to 1.1840 area and then plunge to the lower zones.
Simplicity is the key to brilliance
  • #2,482
  • Aug 8, 2017 9:06am Aug 8, 2017 9:06am
Quoting LinFX
{quote} I saw a lot of anticipation from the "gurus" that EU will break up to 1.1840 area and then plunge to the lower zones.
now bears have more power from 1.1820
atheer1
  • #2,483
  • Aug 8, 2017 9:13am Aug 8, 2017 9:13am
UJ bears loosing control to the bulls below 110.50
atheer1
  • #2,484
  • Aug 8, 2017 9:37am Aug 8, 2017 9:37am
holding EU short from London..........entering UJ long from 110.20-30
atheer1
  • #2,485
  • Aug 8, 2017 9:50am Aug 8, 2017 9:50am
EU trading below 1.1750 should test 1.1730 then 1.1690-1.17
atheer1
  • #2,486
  • Aug 8, 2017 11:16am Aug 8, 2017 11:16am
Quoting atheer1
so my trades for this session EU short UJ long
Did this later.. worked
It's in fear when people show what they truly value.
  • #2,487
  • Aug 8, 2017 2:15pm Aug 8, 2017 2:15pm
Quoting ensale
{quote} Did this later.. worked
yes it worked for EU.............UJ 1st trade returned to entry from 110.50...........2nd trade very good from 110.20-30 +50 for 1st part 2nd at BE now
atheer1
  • #2,488
  • Aug 8, 2017 2:37pm Aug 8, 2017 2:37pm
Quoting atheer1
{quote} yes it worked for EU.............UJ 1st trade returned to entry from 110.50...........2nd trade very good from 110.20-30 +50 for 1st part 2nd at BE now
Attached Image (click to enlarge)
Click to Enlarge Name: open11.png Size: 8 KB
atheer1
  • #2,489
  • Aug 8, 2017 5:08pm Aug 8, 2017 5:08pm
Quoting atheer1
{quote} yes it worked for EU.............UJ 1st trade returned to entry from 110.50...........2nd trade very good from 110.20-30 +50 for 1st part 2nd at BE now
That's where i was bidding, lower on UJ.. but thanks for info.
It's in fear when people show what they truly value.
  • #2,490
  • Aug 9, 2017 9:31am Aug 9, 2017 9:31am
EU reached our target at 1.1690 and now up from there............UJ reached 109.60 and up from there.............UJ is now at R of 110-110.10..............Eu back to R at 1.1730
atheer1
  • #2,491
  • Aug 9, 2017 9:41am Aug 9, 2017 9:41am
Quoting atheer1
EU reached our target at 1.1690 and now up from there............UJ reached 109.60 and up from there.............UJ is now at R of 110-110.10..............Eu back to R at 1.1730
Hi atheer

On what structure point you based that 1.1690 target? I can't find anything important on this level.
Everything else is clear.
  • #2,492
  • Aug 9, 2017 10:23am Aug 9, 2017 10:23am
Quoting Mare
{quote} Hi atheer On what structure point you based that 1.1690 target? I can't find anything important on this level. Everything else is clear.
Attached Image (click to enlarge)
Click to Enlarge Name: 1H.png Size: 47 KB


Attached Image (click to enlarge)
Click to Enlarge Name: 4H.png Size: 33 KB


It is that simple
atheer1
  • #2,493
  • Aug 9, 2017 10:47am Aug 9, 2017 10:47am
Now EU at 1.1750-60 R and must break that to have a bullish sentiment next otherwise may test lower again
atheer1
  • #2,494
  • Aug 9, 2017 11:05am Aug 9, 2017 11:05am
Quoting atheer1
{quote} {image} {image} It is that simple
Thanks atheer

I have interrupted data just in that interval so I could not see a clear situation.

But isn't it 1.17228 also very strong R, how did you know that would be broken?
  • #2,495
  • Aug 9, 2017 11:24am Aug 9, 2017 11:24am
Quoting Mare
{quote} Thanks atheer I have interrupted data just in that interval so I could not see a clear situation. But isn't it 1.17228 also very strong R, how did you know that would be broken?
at any time frame you labelled a level of S/R shown by wick action to that level............then after that price closes are more close to that level than before then most likely that price level will break rather than hold............and reverse is true
atheer1
  • #2,496
  • Aug 9, 2017 11:46am Aug 9, 2017 11:46am
Quoting atheer1
{quote} at any time frame you labelled a level of S/R shown by wick action to that level............then after that price closes are more close to that level than before then most likely that price level will break rather than hold............and reverse is true
Ok, it does make sense. Thank you atheer.
  • #2,497
  • Aug 9, 2017 7:05pm Aug 9, 2017 7:05pm
Hated that position but I will try...........

Long UJ from 109.90-110
atheer1
  • #2,498
  • Aug 9, 2017 7:14pm Aug 9, 2017 7:14pm
Quoting atheer1
Hated that position but I will try........... Long UJ from 109.90-110
When you say long, you do mean buy, up right, lol
  • #2,499
  • Aug 9, 2017 8:59pm Aug 9, 2017 8:59pm
Quoting Rlc2269
{quote} When you say long, you do mean buy, up right, lol
Yes
atheer1
  • #2,500
  • Aug 9, 2017 9:05pm Aug 9, 2017 9:05pm
If you are bored of intraday trading..............here is your long-term entertaining call:

Long UJ from 110...............your stop is below 109.50 ...............your TP is 130................

atheer1
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