THE only Pattern | Page 149 | 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

  • #2,961
  • Nov 1, 2017 9:08am Nov 1, 2017 9:08am
Quoting SunSaltwater
{quote} Hi, what kind of stop do you take on something like this, time stop since end of day is approaching and still showing strength, or some sort of pip stop between 10 - 20 pips? Thanks.
I do not risk more than 10-20 pips on any trade
atheer1
  • #2,962
  • Edited 2:34pm Nov 1, 2017 9:13am | Edited 2:34pm
Quoting cdb07d
{quote} I'm interested to hear Atheer's response as well. I used 10 pip for SL. It was just above 1.32250 whole # (tan line) and also ~10 pip above London 30 minute open range and previous 5 min swing high. But at the bottom of range around 1.3200 you see several 2 bar reversals and price starts ranging until CAD news. I booked 1:1 when I saw opposite reversals and brought rest to break-even. I usually do that and most time if I entered at the right time on a good reversal it will take off like that U/J trade Atheer called last night {image}
yes that is good look for trades that take off from entry.................and there is no reason to let a trade to lose more than 10-20 pips.................the system is designed to tell you when you are wrong
atheer1
  • #2,963
  • Nov 1, 2017 2:30pm Nov 1, 2017 2:30pm
Trading NY this day
Attached Image (click to enlarge)
Click to Enlarge Name: GU1.png Size: 5 KB

Attached Image (click to enlarge)
Click to Enlarge Name: GU2.png Size: 3 KB
atheer1
  • #2,964
  • Nov 1, 2017 2:49pm Nov 1, 2017 2:49pm
Three days and EU can not trade above 1.1650-60............logically next day will test past month low providing this level remained intact
atheer1
  • #2,965
  • Nov 1, 2017 2:52pm Nov 1, 2017 2:52pm
GU next S is around 1.3220-30...............let us see what will happen there
atheer1
  • #2,966
  • Nov 1, 2017 3:05pm Nov 1, 2017 3:05pm
For GU bears 1.33-1.3350 is the 1st defense zone..........while bulls should protect 1.3050-1.31..........let us see who will have the upper hand
atheer1
  • #2,967
  • Nov 1, 2017 3:49pm Nov 1, 2017 3:49pm
UJ 113.90-114 developing into S now..........let us see if bears can trade below it
atheer1
  • #2,968
  • Nov 1, 2017 3:59pm Nov 1, 2017 3:59pm
great trades atheer
thanks for sharing
  • #2,969
  • Nov 1, 2017 4:01pm Nov 1, 2017 4:01pm
Quoting bistolis
great trades atheer thanks for sharing
Thanks for your support my friend
atheer1
  • #2,970
  • Nov 1, 2017 6:18pm Nov 1, 2017 6:18pm
Sell Gold from 1276-1277
atheer1
  • #2,971
  • Nov 1, 2017 8:28pm Nov 1, 2017 8:28pm
Quoting atheer1
Sell Gold from 1276-1277
stopped out at 1278...............next R at 1279-1280............if broken it will continue up
atheer1
  • #2,972
  • Nov 1, 2017 9:15pm Nov 1, 2017 9:15pm
Dollar selling across the board during Asian session.........something suspicious........... let us see
atheer1
  • #2,973
  • Nov 1, 2017 9:45pm Nov 1, 2017 9:45pm
Quoting atheer1
Dollar selling across the board during Asian session.........something suspicious........... let us see

I am looking too. Lot of news this week U/CAD. If fundamentals later this week line up may be a good short looks like distribution at top. What you thinking?
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD.PNG Size: 83 KB
  • #2,974
  • Nov 1, 2017 11:48pm Nov 1, 2017 11:48pm
Quoting cdb07d
{quote} I am looking too. Lot of news this week U/CAD. If fundamentals later this week line up may be a good short looks like distribution at top. What you thinking? {image}
yes if this double top on the weekly remain intact............that is a good sell setup
atheer1
  • #2,975
  • Nov 2, 2017 1:53am Nov 2, 2017 1:53am
Your entries are amazingly timed, thanks for sharing the info
  • #2,976
  • Nov 2, 2017 2:43am Nov 2, 2017 2:43am
Ahead of London.........my direction bias

GU down.............
UJ up............levels of importance 113.80............114.20
EU down.............
Gold down...
atheer1
  • #2,977
  • Nov 2, 2017 2:48am Nov 2, 2017 2:48am
GU sold it from 1.327X
EU sold it from 1.165X
UJ bought it from 113.9X
gold sold it from 1277.XX
atheer1
  • #2,978
  • Nov 2, 2017 3:43am Nov 2, 2017 3:43am
Quoting cdb07d
{quote} I am looking too. Lot of news this week U/CAD. If fundamentals later this week line up may be a good short looks like distribution at top. What you thinking? {image}
Note:This setup will be weak if hourly close above 1.2860 before below 1.2820.............
atheer1
  • #2,979
  • Nov 2, 2017 3:52am Nov 2, 2017 3:52am
Uj r

114.20
114.50-60
115
atheer1
  • #2,980
  • Nov 2, 2017 3:56am Nov 2, 2017 3:56am
GU could test 1.3220-30 around the news half an hour later............
atheer1
29 traders viewing now