THE only Pattern | Page 209 | 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

  • #4,161
  • Feb 22, 2018 2:12pm Feb 22, 2018 2:12pm
Quoting atheer1
{image}
U mean if you want to trade so its good now to buy and put a stop loss below the breakout with 20 pip...as example
  • #4,162
  • Feb 22, 2018 2:18pm Feb 22, 2018 2:18pm
Going long at 106.700 UJ, SL set at 106.500, TP set at 107.200. time will tell
  • #4,163
  • Feb 22, 2018 3:01pm Feb 22, 2018 3:01pm
Quoting Rowad
{quote} U mean if you want to trade so its good now to buy and put a stop loss below the breakout with 20 pip...as example
Just an example of breakout..........not meant as recommendation..........to let you think how to deal with breakout level retest..........although it could work

I suggest all of you to post how to deal with that situation?
buy/sell stop TP no trade and why
atheer1
  • #4,164
  • Feb 22, 2018 3:57pm Feb 22, 2018 3:57pm
@anyone who is bored, analyse this trade
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2018-02-22_21-49-29.png Size: 5 KB


PS I did 5 US30 trades and overall it kicked my a$$.....always tomorrow
used to be undecided but nowadays can't make my mind up
  • #4,165
  • Feb 22, 2018 4:04pm Feb 22, 2018 4:04pm
Can see it's low of this small range. if it breaks with recent m5 trend. 60 percent of the time should be up . BE set on your trade. fluctuations of Asian session might take you out. having said that. all goes well. target 1.2370.
It's in fear when people show what they truly value.
  • #4,166
  • Edited 4:40pm Feb 22, 2018 4:17pm | Edited 4:40pm
To be honest I've got no idea where that trade will go.........double bottom off the low from Tuesday so 'throw one on'.........with ultra tight stops was my thinking
See what tomorrow brings, wonder what dreams I'll have tonight.....
Attached Image (click to enlarge)
Click to Enlarge Name: DWq6qZ3WsAUF3ac.jpg Size: 74 KB
used to be undecided but nowadays can't make my mind up
  • #4,167
  • Feb 22, 2018 4:18pm Feb 22, 2018 4:18pm
Quoting atheer1
{quote} Just an example of breakout..........not meant as recommendation..........to let you think how to deal with breakout level retest..........although it could work I suggest all of you to post how to deal with that situation? buy/sell stop TP no trade and why
If trend and move strong. Buy limit bottom of bull flag as i see it... if not, other approach is, once break, retest then Long on good reaction of High's of flag.
It's in fear when people show what they truly value.
  • #4,168
  • Feb 22, 2018 4:21pm Feb 22, 2018 4:21pm
Quoting mrcreosote
PS I did 5 US30 trades and overall it kicked my a$$.....always tomorrow
What did the dow do *ring to that). sounds like a story to be told here.

P.S LOL . Did you take that image off cryptowhale or are you @iseeyourstops
It's in fear when people show what they truly value.
  • #4,169
  • Feb 22, 2018 4:45pm Feb 22, 2018 4:45pm
Quoting ensale
{quote} What did the dow do *ring to that). sounds like a story to be told here. P.S LOL . Did you take that image off cryptowhale or are you @iseeyourstops
I'm nowhere near that good......changed pic, probably not good to copy other folks gigs
Sweet dreams y'all and 'bon chance a demain'
used to be undecided but nowadays can't make my mind up
  • #4,170
  • Feb 22, 2018 4:48pm Feb 22, 2018 4:48pm
Quoting mrcreosote
{quote} I'm nowhere near that good......changed pic, probably not good to copy other folks gigs Sweet dreams y'all and 'bon chance a demain'
thanks for letting us know.. . LOL damn that pic is worse.. remove!

good night.
It's in fear when people show what they truly value.
  • #4,171
  • Feb 22, 2018 5:48pm Feb 22, 2018 5:48pm
Quoting mrcreosote
@anyone who is bored, analyse this trade {image} PS I did 5 US30 trades and overall it kicked my a$$.....always tomorrow
This won't be much help, but I'm thinking an up move is needed 1.2400 to 1.2440 area, a turn down there I think will be the start of a reversal. This is only what I think, and I'm pretty not smart, lol
  • #4,172
  • Edited 8:51pm Feb 22, 2018 7:18pm | Edited 8:51pm
What happen to NZD? i thought they have good retail sales result.
I thought it smell funny when I woke up and go to the fridge...... double bottom in between my face....
ITB - Seeing Orderliness amongst 'Randomness'
  • #4,173
  • Feb 22, 2018 8:45pm Feb 22, 2018 8:45pm
Attached Image (click to enlarge)
Click to Enlarge Name: gbpnzd-h1-fxpro-financial-services.png Size: 14 KB


Buy exotic GBPNZD. Risky bigger spread. If you think GJ the dragon is scary, you ain't see nothing yet.
SL will not be a hard one but dynamic one as I am watching. I will take the loss when the M30 or H1 candle close below it.
Only when I feel safe enough that price is away from my entry, then I put to BE+ or the SL will be converted to a hard one. SL hit when price touches it.
In this instant, H1 fractal is too far below for my liking. Alternative is a H1 SnR orange horizontal line. If candle closes below. I accept the loss because I am wrong if price is to go there.
No ideal about TP yet.
ITB - Seeing Orderliness amongst 'Randomness'
  • #4,174
  • Feb 22, 2018 8:47pm Feb 22, 2018 8:47pm
Quoting mrcreosote
To be honest I've got no idea where that trade will go.........double bottom off the low from Tuesday so 'throw one on'.........with ultra tight stops was my thinking See what tomorrow brings, wonder what dreams I'll have tonight..... {image}
wow...just....scanning systems...and i love this one the best so far lol
Make it as perfect as you can....
  • #4,175
  • Feb 22, 2018 9:11pm Feb 22, 2018 9:11pm
Attached Image


Sell EJ. Work out the reasons yourself.
I let you into this story which gives me the inspiration.
Agriculture has been spending millions of dollars trying to predict the weather but not very successful.
One day they travel to a remote village and consult an experienced farmer. They asked how do you predict the weather today?
Simple, chicken feet...... he replied. Today's weather is the same as yesterday's.
He is right 80-90% of the time and that would save millions of dollars.
Over simplistic but logical to me.
Yesterday's candle close below the previous one.........
ITB - Seeing Orderliness amongst 'Randomness'
  • #4,176
  • Feb 22, 2018 9:24pm Feb 22, 2018 9:24pm
I see members from US, Canada.........Hi Hi......Directly the other side of the globe.
ITB - Seeing Orderliness amongst 'Randomness'
  • #4,177
  • Feb 22, 2018 10:01pm Feb 22, 2018 10:01pm
My entertainment....
Inserted Video
ITB - Seeing Orderliness amongst 'Randomness'
  • #4,178
  • Feb 22, 2018 10:11pm Feb 22, 2018 10:11pm
Quoting Inthebox
I see members from US, Canada.........Hi Hi......Directly the other side of the globe.
Your from where again?
  • #4,179
  • Feb 22, 2018 10:38pm Feb 22, 2018 10:38pm
Quoting Rlc2269
{quote} Your from where again?
Look at my profile. Tiny red hot chilli state of Singapore, famous for chilli crab. Not in China ok.
ITB - Seeing Orderliness amongst 'Randomness'
  • #4,180
  • Feb 22, 2018 10:43pm Feb 22, 2018 10:43pm
Quoting Inthebox
{quote} Look at my profile. Tiny red hot chilli state of Singapore, famous for chilli crab. Not in China ok.
Ahhhhh yes Singapore, I remember now
2 traders viewing now