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THE only Pattern

  • #3,601
  • Edited 3:47pm Feb 1, 2018 3:33pm | Edited 3:47pm
Quoting spijack
{quote} Good day atheer... do you mean daily top for short and bottom for buy?
Yes..............for example my short from around 1.2330 USDCAD is a search of a daily top trading with the daily trend direction south............So I will try to hold over the next days or as long as possible............Most of the days you don not expect 200 pip in one day it needs time and that is why the approach..............200 pips in one shot is better that 200 in five shots..............
atheer1
  • #3,602
  • Feb 1, 2018 5:19pm Feb 1, 2018 5:19pm
Quoting atheer1
{quote} Yes..............for example my short from around 1.2330 USDCAD is a search of a daily top trading with the daily trend direction south............So I will try to hold over the next days or as long as possible............Most of the days you don not expect 200 pip in one day it needs time and that is why the approach..............200 pips in one shot is better that 200 in five shots..............
i think usdjpy is good to short now isnt it??
  • #3,603
  • Feb 1, 2018 5:57pm Feb 1, 2018 5:57pm
Quoting Rowad
{quote} i think usdjpy is good to short now isnt it??
UJ may have some extension of the up move..............it is only oK if 109.50 is holding the price down..................we have NFP next so risky..........good sign is break of 109.20 before London or during early European Hours......
atheer1
  • #3,604
  • Feb 1, 2018 6:12pm Feb 1, 2018 6:12pm
Quoting atheer1
{quote} Yes..............for example my short from around 1.2330 USDCAD is a search of a daily top trading with the daily trend direction south............So I will try to hold over the next days or as long as possible............Most of the days you don not expect 200 pip in one day it needs time and that is why the approach..............200 pips in one shot is better that 200 in five shots..............
atheer is this how the setup taken on usdcad, bear candle 9/29/17 bottom 1.2330... mean to say finding better S/R for better entry is finding as well common candle pattern in daily where the bigger chance of trend continuation or reversal?

Attached Image (click to enlarge)
Click to Enlarge Name: ucad.png Size: 44 KB
"bad trades at times do happen even when the set up are good"
  • #3,605
  • Feb 1, 2018 6:26pm Feb 1, 2018 6:26pm
Quoting spijack
{quote} atheer is this how the setup taken on usdcad, bear candle 9/29/17 bottom 1.2330... mean to say finding better S/R for better entry is finding as well common candle pattern in daily where the bigger chance of trend continuation or reversal? {image}
Excellent this was exactly how I chose that level for that setup.............and it was supported by post FOMC spike rejection the day before.............
atheer1
  • #3,606
  • Feb 5, 2018 7:20am Feb 5, 2018 7:20am
Will BE if price above 109.90. ISM non mfg PMI in less than 2 hours.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-h1-fxpro-financial-services.png Size: 16 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #3,607
  • Feb 5, 2018 2:24pm Feb 5, 2018 2:24pm
Quoting Inthebox
Will BE if price above 109.90. ISM non mfg PMI in less than 2 hours. {image}
welcome back my friend .........
atheer1
  • #3,608
  • Feb 5, 2018 6:01pm Feb 5, 2018 6:01pm
Quoting atheer1
{quote} welcome back my friend .........
Thank you. Now I got more time. My mind a bit rusty though.
ITB - Seeing Orderliness amongst 'Randomness'
  • #3,609
  • Feb 5, 2018 6:06pm Feb 5, 2018 6:06pm
Quoting Inthebox
Will BE if price above 109.90. ISM non mfg PMI in less than 2 hours. {image}
BE hit. Could have TP for 50 pips.
ITB - Seeing Orderliness amongst 'Randomness'
  • #3,610
  • Feb 5, 2018 8:02pm Feb 5, 2018 8:02pm
Will BE when price above 1.5756. RBA rate statement in less than 90 min.
Attached Image
ITB - Seeing Orderliness amongst 'Randomness'
  • #3,611
  • Feb 5, 2018 8:09pm Feb 5, 2018 8:09pm
At BE. RBA rate statment in less than 90 min.
Attached Image
ITB - Seeing Orderliness amongst 'Randomness'
  • #3,612
  • Feb 5, 2018 10:46pm Feb 5, 2018 10:46pm
Quoting Inthebox
At BE. RBA rate statment in less than 90 min. {image}
TP hit.
Attached Image
ITB - Seeing Orderliness amongst 'Randomness'
  • #3,613
  • Feb 5, 2018 11:20pm Feb 5, 2018 11:20pm
Quoting Inthebox
Will BE when price above 1.5756. RBA rate statement in less than 90 min. {image}
BE hit.Could have TP for 30 pips.
ITB - Seeing Orderliness amongst 'Randomness'
  • #3,614
  • Feb 6, 2018 12:18am Feb 6, 2018 12:18am
Renter. Trying to break last year's high.
Attached Images
ITB - Seeing Orderliness amongst 'Randomness'
  • #3,615
  • Feb 6, 2018 1:05am Feb 6, 2018 1:05am
Thinking. I am seeing the D1 and H4 having some kind of doji, yet why the two H1 pinbars trying to distract me.
ITB - Seeing Orderliness amongst 'Randomness'
  • #3,616
  • Feb 6, 2018 2:49am Feb 6, 2018 2:49am
Thinking. The dilemma of a day trader.
1) Take standard TP 30 pips.
2) Take higher fractal TP.
3) Take one standard TP 30, the other higher fractal TP.

Yes. Don't expect price to break last year's high on the first try. Maybe the fourth time. Hahaha.
Attached Image
ITB - Seeing Orderliness amongst 'Randomness'
  • #3,617
  • Feb 6, 2018 3:07am Feb 6, 2018 3:07am
Quoting Inthebox
Thinking. The dilemma of a day trader. 1) Take standard TP 30 pips. 2) Take higher fractal TP. 3) Take one standard TP 30, the other higher fractal TP. Yes. Don't expect price to break last year's high on the first try. Maybe the fourth time. Hahaha. {image}
good trading. nonetheless.

trading =dilemmas.

I go for fixed target's depending on ADR, work's better and calms you down.

P.S glad your back. Really!
It's in fear when people show what they truly value.
  • #3,618
  • Feb 6, 2018 3:17am Feb 6, 2018 3:17am
Quoting ensale
{quote} good trading. nonetheless. trading =dilemmas. I go for fixed target's depending on ADR, work's better and calms you down. P.S glad your back. Really!
Trying to gather my thoughts to start my engine running again.
Thanks for your advice.
Do you mean if one trades on H1, one should take the standard ADR for H1?
ITB - Seeing Orderliness amongst 'Randomness'
  • #3,619
  • Feb 6, 2018 3:45am Feb 6, 2018 3:45am
Quoting Inthebox
{quote} Trying to gather my thoughts to start my engine running again. Thanks for your advice. Do you mean if one trades on H1, one should take the standard ADR for H1?
Yes. something that suits your style, (scalp, swing), so if intra day. target's within the average daily range, 30 to 50% of an average day's move. or if a swing trade, a target that fits within the weekly range. and funny enough the market tends to do it's ADR/Weeklyrange. so if your target fit's within, often your not going to be disappointed. if entry, timing, stop loss is right.
It's in fear when people show what they truly value.
  • #3,620
  • Feb 6, 2018 7:44am Feb 6, 2018 7:44am
UJ at R of 109.50-60..............if not broken up it will send it down
atheer1
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