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THE only Pattern

  • #3,101
  • Nov 23, 2017 1:35am Nov 23, 2017 1:35am
Buy GU from 1.33-13310
atheer1
  • #3,102
  • Nov 24, 2017 12:05am Nov 24, 2017 12:05am
sell UJ from 111.50-60
atheer1
  • #3,103
  • Nov 24, 2017 2:58am Nov 24, 2017 2:58am
Quoting atheer1
sell UJ from 111.50-60
This is interesting situation atheer. How did you know that price won't reach, let's say 111.700?
  • #3,104
  • Nov 24, 2017 3:03am Nov 24, 2017 3:03am
Quoting Mare
{quote} This is interesting situation atheer. How did you know that price won't reach, let's say 111.700?
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  • #3,105
  • Nov 24, 2017 3:21am Nov 24, 2017 3:21am
Quoting bistolis
{quote} {image}
I saw that on 1h, but what with 4h. I would like to hear some theoretical explanation from atheer here, because price very easy could reach 111.70 or even 111.90.
  • #3,106
  • Nov 24, 2017 4:04am Nov 24, 2017 4:04am
Quoting Mare
{quote} I saw that on 1h, but what with 4h. I would like to hear some theoretical explanation from atheer here, because price very easy could reach 111.70 or even 111.90.
hope this could contribute and answer to your confusion

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"bad trades at times do happen even when the set up are good"
  • #3,107
  • Nov 24, 2017 5:00am Nov 24, 2017 5:00am
Quoting spijack
{quote} hope this could contribute and answer to your confusion {image}
I saw that too, but what about 13/16 oct. Significant S on 111.70.
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  • #3,108
  • Nov 24, 2017 5:05am Nov 24, 2017 5:05am
Quoting Mare
{quote} I saw that too, but what about 13/16 oct. Significant S on 111.70. {image}
I was trading GBPJPY for over 3 months and what I noticed is that the yens like .50 and .00 numbers alot as well

I am pretty sure Atheer was looking at those H1 wicks
  • #3,109
  • Nov 24, 2017 5:38am Nov 24, 2017 5:38am
Quoting Mare
{quote} This is interesting situation atheer. How did you know that price won't reach, let's say 111.700?
Simply if you noticed lower time frames when this area was pierced down...........to which line the price take longer time to break 111.70 or 111.60.........the answer is simple.........111.60........so I will rely on sell orders from here rather from 111.70.............break up of 111.60 will devalue bears for me and I will wait for higher levels if I want to sell again............
atheer1
  • #3,110
  • Nov 24, 2017 5:47am Nov 24, 2017 5:47am
Quoting bistolis
{quote} I was trading GBPJPY for over 3 months and what I noticed is that the yens like .50 and .00 numbers alot as well I am pretty sure Atheer was looking at those H1 wicks
Just as like as any other currency. If you open 4H chart of any pair you will see similar reactions on .50 and .00.
  • #3,111
  • Nov 24, 2017 5:47am Nov 24, 2017 5:47am
Quoting atheer1
{quote} Simply if you noticed lower time frames when this area was pierced down...........to which line the price take longer time to break 111.70 or 111.60.........the answer is simple.........111.60........so I will rely on sell orders from here rather from 111.70.............break up of 111.60 will devalue bears for me and I will wait for higher levels if I want to sell again............
Thanks atheer, are you already in sell position or you still wait ?
  • #3,112
  • Nov 24, 2017 5:52am Nov 24, 2017 5:52am
Quoting Mare
{quote} Thanks atheer, are you already in sell position or you still wait ?
Taking some profit on some and leaving some shorts
atheer1
  • #3,113
  • Nov 24, 2017 5:57am Nov 24, 2017 5:57am
Quoting atheer1
{quote} Taking some profit on some and leaving some shorts
Ok, so you didn't open new position now?
  • #3,114
  • Nov 24, 2017 6:07am Nov 24, 2017 6:07am
Quoting Mare
{quote} Ok, so you didn't open new position now?
No
atheer1
  • #3,115
  • Nov 24, 2017 6:14am Nov 24, 2017 6:14am
Quoting atheer1
{quote} No
Thank you very much atheer on your valuable responses.
  • #3,116
  • Nov 24, 2017 6:21am Nov 24, 2017 6:21am
Quoting spijack
{quote} hope this could contribute and answer to your confusion {image}
that was in mind also.............that is how you can connect higher with lower time frames in your analysis..........good point
atheer1
  • #3,117
  • Nov 24, 2017 6:53am Nov 24, 2017 6:53am
Quoting Mare
{quote} I saw that too, but what about 13/16 oct. Significant S on 111.70. {image}
After all it is a matter of Judgment of the Recent situation.
atheer1
  • #3,118
  • Nov 24, 2017 6:53am Nov 24, 2017 6:53am
Quoting Mare
{quote} I saw that on 1h, but what with 4h. I would like to hear some theoretical explanation from atheer here, because price very easy could reach 111.70 or even 111.90.

It may still
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  • #3,119
  • Nov 24, 2017 6:59am Nov 24, 2017 6:59am
Quoting atheer1
{quote} After all it is a matter of Judgment of the Recent situation.
good call on GU Atheer

not the best spot - but things have been tricky this week so I waited for confirmation. took most off the table but left a little hopefully GU keep moving =)
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  • #3,120
  • Nov 24, 2017 7:12am Nov 24, 2017 7:12am
Quoting cdb07d
{quote} good call on GU Atheer not the best spot - but things have been tricky this week so I waited for confirmation. took most off the table but left a little hopefully GU keep moving =) {image}
Enjoy your profit..............1.3340-50 must be broken........ to reach 1.34-1.3410
atheer1
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