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THE only Pattern

  • #3,121
  • Nov 24, 2017 7:13am Nov 24, 2017 7:13am
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}
i got knock out on GU yesterday -20 pips, after taking my SL then rally
"bad trades at times do happen even when the set up are good"
  • #3,122
  • Nov 24, 2017 7:19am Nov 24, 2017 7:19am
Quoting spijack
{quote} i got knock out on GU yesterday -20 pips, after taking my SL then rally
It happened..............I admit I was not accurate in my call............Always I look for 10 pip accuracy........
atheer1
  • #3,123
  • Nov 24, 2017 7:19am Nov 24, 2017 7:19am
Quoting spijack
{quote} i got knock out on GU yesterday -20 pips, after taking my SL then rally
Yeah I saw that move I almost went in too. Tricky holiday!
  • #3,124
  • Nov 24, 2017 7:22am Nov 24, 2017 7:22am
GU now a days totally stubborn specially after the brexit...
"bad trades at times do happen even when the set up are good"
  • #3,125
  • Nov 24, 2017 7:30am Nov 24, 2017 7:30am
Quoting atheer1
{quote} It happened..............I admit I was not accurate in my call............Always I look for 10 pip accuracy........
You can’t always be within 10 pips 100% of the time.

Just 99% of the time
  • #3,126
  • Nov 24, 2017 7:37am Nov 24, 2017 7:37am
Quoting cdb07d
{quote} You can’t always be within 10 pips 100% of the time. Just 99% of the time


have a nice weekend
atheer1
  • #3,127
  • Nov 24, 2017 7:38am Nov 24, 2017 7:38am
Quoting atheer1
{quote} have a nice weekend
You too bud. Going to sleep. Thanks for another great week
  • #3,128
  • Nov 24, 2017 3:47pm Nov 24, 2017 3:47pm
atheer1,
Once again I would like to thank you for your knowledge. Your threads and files have changed my method of trading forever. I have also taken your method and made it work for me with Dynamic Bollinger Bands S/R. Look closely and you will see how price also obeys the rules your method trades by. I have been experimenting with this for the last 2 months with great success and could not be happier. I am so grateful for all you do. May God shower you all with green pips.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDiM30BBDSR.png Size: 108 KB
Trade what "Is", not what "If".
  • #3,129
  • Nov 24, 2017 4:13pm Nov 24, 2017 4:13pm
Quoting 4xu2
atheer1, Once again I would like to thank you for your knowledge. Your threads and files have changed my method of trading forever. I have also taken your method and made it work for me with Dynamic Bollinger Bands S/R. Look closely and you will see how price also obeys the rules your method trades by. I have been experimenting with this for the last 2 months with great success and could not be happier. I am so grateful for all you do. May God shower you all with green pips. {image}
Believe me my friend....I am very happy for you .........and that is what I was trying to do to make traders like you happier.........this post is more precious to me than all the money on earth.

I would like to hear from you about what you did and worked for you........Keep up the good work
atheer1
  • #3,130
  • Nov 24, 2017 8:24pm Nov 24, 2017 8:24pm
Quoting 4xu2
atheer1, Once again I would like to thank you for your knowledge. Your threads and files have changed my method of trading forever. I have also taken your method and made it work for me with Dynamic Bollinger Bands S/R. Look closely and you will see how price also obeys the rules your method trades by. I have been experimenting with this for the last 2 months with great success and could not be happier. I am so grateful for all you do. May God shower you all with green pips. {image}
Thank you for sharing. Very interesting idea to have a sort of dynamic Sweetspot tool. If you don't mind could you share your setup parameters for Bollinger Spacing, Length and any specific rules, in addition to atheer1 rules for Sweetspot?
  • #3,131
  • Nov 25, 2017 4:18am Nov 25, 2017 4:18am
For those Traders here that use the TradingView platform for charting, I have emulated two versions of the Sweetspot Gold indicator on TradingView, one called "Sweetspot Gold R4" and the other "Sweetspot Gold RN". The RN version does not provide sublevels and is suitable for the higher time frames, however, the R4 version is very suitable for "THE Only Pattern" trading techniques.

Attached Image (click to enlarge)
Click to Enlarge Name: download.png Size: 95 KB


... and also inspired by 4xu2 idea and having previously made multiple level Bollinger Bands indicators, I have emulated the fractional level Bollinger Band Indicator which I called "Bollinger Band Ribbon":

Attached Image (click to enlarge)
Click to Enlarge Name: download (1).png Size: 155 KB


These indicators are freely available via the TradingView Public library for custom indicators.
  • #3,132
  • Edited 2:55pm Nov 25, 2017 2:34pm | Edited 2:55pm
Haha! After spending many hours ATTEMPTING to apply text to the picture (and failing). So bear with me, I have applied my template that should set the Bollinger Band Dynamic S/R. ( Maybe a coder can make as an indi ).
The arrows point to trade rules based on atheer1's NO MAGIC thread. Bear in mind, this is the easiest to recognize. Atheer1's other methods also apply, but I felt the easiest would suffice. The BBDSR act as great S/R areas including sloping S/R. Just follow the rules that atheer1 has deemed successful. This method has been very rewarding for me and I hope I can return the favor. BTW, the BB are based on a 120 period close, with deviations starting at .5 and adding .25 to every BB until reaching a deviation of 4. Works on all TF.
Thank You JustUncleL for your variation. I am honored. Wish I was more techi. This is not welding. ( My occupation.)
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYiH1DSR_LI (2).jpg Size: 1.7 MB
Attached File(s)
File Type: tpl !!!!!!!!!!1HRBBDSR.tpl   21 KB | 367 downloads
Trade what "Is", not what "If".
  • #3,133
  • Nov 25, 2017 3:45pm Nov 25, 2017 3:45pm
Quoting 4xu2
Haha! After spending many hours ATTEMPTING to apply text to the picture (and failing). So bear with me, I have applied my template that should set the Bollinger Band Dynamic S/R. ( Maybe a coder can make as an indi ). The arrows point to trade rules based on atheer1's NO MAGIC thread. Bear in mind, this is the easiest to recognize. Atheer1's other methods also apply, but I felt the easiest would suffice. The BBDSR act as great S/R areas including sloping S/R. Just follow the rules that atheer1 has deemed successful. This method has been very rewarding...
Thank you 4xu2.....greatly appreciated your work........
I will have a look
atheer1
  • #3,134
  • Nov 25, 2017 3:48pm Nov 25, 2017 3:48pm
Quoting 4xu2
Haha! After spending many hours ATTEMPTING to apply text to the picture (and failing). So bear with me, I have applied my template that should set the Bollinger Band Dynamic S/R. ( Maybe a coder can make as an indi ). The arrows point to trade rules based on atheer1's NO MAGIC thread. Bear in mind, this is the easiest to recognize. Atheer1's other methods also apply, but I felt the easiest would suffice. The BBDSR act as great S/R areas including sloping S/R. Just follow the rules that atheer1 has deemed successful. This method has been very rewarding...
Thank you for the update on your trading technique. Sorry I'm not able help you with MT4 platform coding, but if you want some help with coding on TradingView I can help. Together with Sweetspot, Bollinger Bands are my favourite tools in my own trading techniques and strategies.
  • #3,135
  • Nov 25, 2017 4:06pm Nov 25, 2017 4:06pm
Quoting atheer1
{quote} Thank you 4xu2.....greatly appreciated your work........ I will have a look
So it is a BB based on 120 Periods MA..............and Multiple shifts of 0.25 SD increments up to 4............very nice tweak I like it
atheer1
  • #3,136
  • Nov 25, 2017 6:34pm Nov 25, 2017 6:34pm
Quoting atheer1
{quote} So it is a BB based on 120 Periods MA..............and Multiple shifts of 0.25 SD increments up to 4............very nice tweak I like it
Atheer1,
Yes multiple deviations. Also we can take full advantage of the BB sqeeze. Thank you again for your knowledge. I'll be sticking around this thread for a long time to come. You are a very good teacher.
Trade what "Is", not what "If".
  • #3,137
  • Nov 25, 2017 10:01pm Nov 25, 2017 10:01pm
Quoting 4xu2
{quote} Atheer1, Yes multiple deviations. Also we can take full advantage of the BB sqeeze. Thank you again for your knowledge. I'll be sticking around this thread for a long time to come. You are a very good teacher.
Do you also take note of what stddev level you are trading from? I mean: if say you have a short signal between +2 to +4 Stddev, that would be a better than one at between -2 to -4 stddev etc.
  • #3,138
  • Nov 25, 2017 10:22pm Nov 25, 2017 10:22pm
Quoting JustUncleL
{quote} Do you also take note of what stddev level you are trading from? I mean: if say you have a short signal between +2 to +4 Stddev, that would be a better than one at between -2 to -4 stddev etc.
No I don't. That would be to much detail for me. Because I don't have much time to trade, { a total of half, maybe an hour in the morning) I need to keep it KISS. Mainly I watch the BB squeeze and where price is at the moment. I trade what I see and the BBDSR works great for me. I can go through the charts quickly.
Trade what "Is", not what "If".
  • #3,139
  • Nov 26, 2017 6:50pm Nov 26, 2017 6:50pm
UJ shorts from 111.6XX still valid with stop just above 111.70...............110.60 could be our target if stop not triggered
atheer1
  • #3,140
  • Nov 27, 2017 12:18am Nov 27, 2017 12:18am
Quoting atheer1
UJ shorts from 111.6XX still valid with stop just above 111.70...............110.60 could be our target if stop not triggered
great spot. wish i had been on earlier for this.
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