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THE only Pattern

  • #3,481
  • Jan 11, 2018 1:10pm Jan 11, 2018 1:10pm
Fast 40pips trade on GJ. Green horizonal line is my execution line, and red is my exit line.

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  • #3,482
  • Jan 11, 2018 1:23pm Jan 11, 2018 1:23pm
Quoting medIce
Fast 40pips trade on GJ. Green horizonal line is my execution line, and red is my exit line. {image}
atheer1
  • #3,483
  • Jan 11, 2018 7:09pm Jan 11, 2018 7:09pm
Buy GU from 1.3540-50........little bit risky..............safer from 1.3520-30
atheer1
  • #3,484
  • Edited 7:58pm Jan 11, 2018 7:32pm | Edited 7:58pm
Short USDCAD from around daily open...........this will be a false trade if 1.2530-40 broken to up side..........
atheer1
  • #3,485
  • Jan 11, 2018 8:04pm Jan 11, 2018 8:04pm
Quoting Rowad
{quote} Atheer where do u think it is good to put the stop loss?
1.2542
atheer1
  • #3,486
  • Jan 11, 2018 8:06pm Jan 11, 2018 8:06pm
Quoting atheer1
{quote} 1.2542
Thanks i hope it go well
  • #3,487
  • Jan 12, 2018 1:53am Jan 12, 2018 1:53am
GREAT Thred
  • #3,488
  • Jan 12, 2018 2:23am Jan 12, 2018 2:23am
UJ short from 111.30-40
atheer1
  • #3,489
  • Jan 12, 2018 2:25am Jan 12, 2018 2:25am
Re-short USDCAD...............1.2540-50
atheer1
  • #3,490
  • Jan 12, 2018 3:50am Jan 12, 2018 3:50am
Quoting atheer1
Re-short USDCAD...............1.2540-50
I entered at 1.2515 and it hit the stop loss and i missed the reentry and i missed uj also..so is it good to short now at the market price or you dont recommend now?
  • #3,491
  • Jan 12, 2018 3:02pm Jan 12, 2018 3:02pm
Quoting danc
GREAT Thred
welcome
atheer1
  • #3,492
  • Edited 3:21pm Jan 12, 2018 3:04pm | Edited 3:21pm
Quoting Rowad
{quote} I entered at 1.2515 and it hit the stop loss and i missed the reentry and i missed uj also..so is it good to short now at the market price or you dont recommend now?
Sorry Rowad I was away when you posted...............hope you entered.................I wonder why you did not take GU trade
atheer1
  • #3,493
  • Jan 12, 2018 3:08pm Jan 12, 2018 3:08pm
This day GU was magnificent........making 200+pip...............USDCAD short finally OK..............UJ short OK plus gold long and EU long...........it was a good weekend for me............have a nice weekend for all of you
atheer1
  • #3,494
  • Jan 12, 2018 3:58pm Jan 12, 2018 3:58pm
For those who wonder how to pick a good level to trade from...............It is not a secret just watch daily high/Low.........I promise you will be a great Top/Bottom picker............add the only pattern..........that is all you need to start with..........
atheer1
  • #3,495
  • Jan 12, 2018 5:00pm Jan 12, 2018 5:00pm
Quoting atheer1
{quote} Sorry Rowad I was away when you posted...............hope you entered.................I wonder why you did not take GU trade
No i didnt enter again!...I hope ill catch something next week and i didnt enter GU coz i put buy limit at 1.35300 and it didnt hit it sadly!!!
Happy weekend for you
  • #3,496
  • Jan 12, 2018 5:22pm Jan 12, 2018 5:22pm
Quoting Rowad
{quote} No i didnt enter again!...I hope ill catch something next week and i didnt enter GU coz i put buy limit at 1.35300 and it didnt hit it sadly!!! Happy weekend for you
Do not worry my friend market is always there......happy weakend for you too
atheer1
  • #3,497
  • Jan 13, 2018 12:20pm Jan 13, 2018 12:20pm
Quoting atheer1
For those who wonder how to pick a good level to trade from...............It is not a secret just watch daily high/Low.........I promise you will be a great Top/Bottom picker............add the only pattern..........that is all you need to start with..........
Atheer i want to ask you when u said watch daily high/low you mean the previous day high/low??..for example when u said to buy gbpusd at 1.3550 and in the previous day this number was the highest so how did u know its going up not down ??..although it was the highest point so you bought in high point ...
  • #3,498
  • Jan 14, 2018 4:53pm Jan 14, 2018 4:53pm
New WEEK!

Green Pips to everyone!
  • #3,499
  • Edited 1:57am Jan 15, 2018 1:40am | Edited 1:57am
Quoting Rowad
{quote} Atheer i want to ask you when u said watch daily high/low you mean the previous day high/low??..for example when u said to buy gbpusd at 1.3550 and in the previous day this number was the highest so how did u know its going up not down ??..although it was the highest point so you bought in high point ...
1st............in uptrend we expect daily candles to take the high of previous daily candles and to close higher in contrast to downtrend where the price takes daily lows and close lower.................
for that specific example in GU watch what the price did...........3/1/2018 daily candle took both daily high and low and closed red this type of price action especially on daily usually starts reversal of the whole trend or it could be just some pullback...............let us follow the price we can call daily candles of 4th,5th,8th and 9th of Jan. as indecision candles as no on attempted the low or high of the 3rd of Jan...........follow.......10th day attempted low and closed bearish but look at the close still within the range of the 3rd day of the month..........then here it come the important part 11th day which attempted the low breaks through till it reached an important daily S at 1.3450-60 very obvious and from here the day was controlled by bulls an closed bullish.............so when 12th day attempted the high it is more reasonable to regard this price action peace as pullback from uptrend at major R at the beginning of the 1st half of the month followed by bulls intention to continue trend so buy rather than sell..................


In summery :


** uptrend.............candles break highs to close bullish
**downtrend...........candles break lows to close bearish

take note of those 2 candles pattenrs
**bearish candle taking both high and low of previous bullish candle OR bullish candle taking the low and high of previous bearish candle(Engulfing)
** bearish candle taking only the high of previous bullish candle and close inside its range OR bullish candle taking only the low of previous bearish candle and close inside its range
atheer1
  • #3,500
  • Jan 15, 2018 2:12am Jan 15, 2018 2:12am
UJ.....................

Is about to enter difficult bullish land where many bulls may be seen................this area mainly concentrated from 110-110.50.............bears earlier in the day holding 111.10-20 R.............I will be watching 110.30-40 as S...........110.80-90 looks vulnerable to bullish attack..........let us see
atheer1
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