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THE only Pattern

  • #5,261
  • May 1, 2018 12:07am May 1, 2018 12:07am
Sell EU around daily open target around 1.20
atheer1
  • #5,262
  • May 1, 2018 3:17am May 1, 2018 3:17am
Quoting atheer1
Sell EU around daily open target around 1.20
Another good call. Just closed a 25pip profit after a 3:1 RR trade. It may go down to 1.2 but I'm happy with that
Return on Equity: 2017, 32.4%; 2018; 8.0%, 2019 (30Apr), 4.5%
  • #5,263
  • May 1, 2018 3:44am May 1, 2018 3:44am
Quoting Xeniz
{quote} Another good call. Just closed a 25pip profit after a 3:1 RR trade. It may go down to 1.2 but I'm happy with that
Enjoy
atheer1
  • #5,264
  • Edited 9:39am May 1, 2018 9:28am | Edited 9:39am
Plan to buy EU from 1.1950-60..........or just above..............started to load some below 1.1990
atheer1
  • #5,265
  • May 2, 2018 4:25pm May 2, 2018 4:25pm
Sell UJ from 109.80-90........1st tp 109.20-30.............2nd tp 108.80-90
atheer1
  • #5,266
  • May 3, 2018 7:10am May 3, 2018 7:10am
H4 trading
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy-h4-liteforex-investments-limited.png Size: 41 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,267
  • May 3, 2018 7:13am May 3, 2018 7:13am
Quoting atheer1
Sell UJ from 109.80-90........1st tp 109.20-30.............2nd tp 108.80-90
As always with UJ And overnight asia. very accurate..
It's in fear when people show what they truly value.
  • #5,268
  • Edited 7:33am May 3, 2018 7:20am | Edited 7:33am
Quoting atheer1
Sell UJ from 109.80-90........1st tp 109.20-30.............2nd tp 108.80-90
Attached Image (click to enlarge)
Click to Enlarge Name: UJT1.png Size: 23 KB


1/6 R/R on 1st part
atheer1
  • #5,269
  • May 3, 2018 7:27am May 3, 2018 7:27am
Quoting atheer1
{quote} {image}
exit trades almost same timing.
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,270
  • May 3, 2018 7:57am May 3, 2018 7:57am
Quoting atheer1
Sell UJ from 109.80-90........1st tp 109.20-30.............2nd tp 108.80-90

WHY?
Attached Image (click to enlarge)
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atheer1
  • #5,271
  • May 3, 2018 9:35pm May 3, 2018 9:35pm
I'm about 2 years late for the first post I guess. Sorry!
Do you think this strategy works because of the entry or because your are letting the winners run longer than your losers?
  • #5,272
  • May 4, 2018 1:51am May 4, 2018 1:51am
my 2 cts.
i would say both.
1) likelihood of entry survivor at strong S/R zone.
2) TP at 1/2/3 or higher tf S/R zones away.

from post #1: ***I prefer to be scalper and the swing trader at the same time buy applying the second method of stop determination......
*** TP take scalp if the market let you and leave some for runner
*** when you have a run protect your trade as soon as suitable

it's basically lower tf entry at higher tf support n resistance (better/stronger if D1, H4, H1 falling into the same zone).

stop is highly variable according to your own risk tolerance and experience. likewise TP.

stop can be above/below m1/m5 fractal high/low if you are trading m1/m5 tf.
stop can be above/below H1 S/R zone if you are trading H1 tf (can even be 2 level S/R zone above/below).
stop can be above/below H4 S/R zone if you are trading H4 tf (can even be 2 level S/R zone above/below).
stop don't even need to be a hard stop but a manual trade exit if candle close outside of S/R zone.

TP can be at H1/H4/D1 S/R zone (can even be several levels S/R zone away).

the hard truth is quite a few will hit stop loss and mostly break even.

Having said that, if 10 persons having seen and apply this, there will be 10 different results due to different level of experience and risk tolerance.
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,273
  • May 4, 2018 6:58am May 4, 2018 6:58am
Quoting Grabowski
I'm about 2 years late for the first post I guess. Sorry! Do you think this strategy works because of the entry or because your are letting the winners run longer than your losers?
Certainly both........
atheer1
  • #5,274
  • May 4, 2018 7:00am May 4, 2018 7:00am
Quoting Inthebox
my 2 cts. i would say both. 1) likelihood of entry survivor at strong S/R zone. 2) TP at 1/2/3 or higher tf S/R zones away. from post #1: ***I prefer to be scalper and the swing trader at the same time buy applying the second method of stop determination...... *** TP take scalp if the market let you and leave some for runner *** when you have a run protect your trade as soon as suitable it's basically lower tf entry at higher tf support n resistance (better/stronger if D1, H4, H1 falling into the same zone). stop is highly variable according to...
thanks for your response
atheer1
  • #5,275
  • May 4, 2018 7:13am May 4, 2018 7:13am
Risky EU long from 1.1950-60 ahead of NFP 1st TP at 1.2080
atheer1
  • #5,276
  • May 4, 2018 7:59am May 4, 2018 7:59am
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy-h1-liteforex-investments-limited.png Size: 26 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,277
  • May 4, 2018 8:31am May 4, 2018 8:31am
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-h1-liteforex-investments-limited.png Size: 26 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,278
  • May 4, 2018 10:07am May 4, 2018 10:07am
Quoting atheer1
Risky EU long from 1.1950-60 ahead of NFP 1st TP at 1.2080
1.1950-60 S was broken after news now acting as R.......NEXT S 1.1910-20......so out of this trade
atheer1
  • #5,279
  • May 4, 2018 7:56pm May 4, 2018 7:56pm
for newbies (even for those with couple of years experience), forget about colorful indicators, i found a gold nugget for you. keep it as simple as possible.
website and pdf.

https://learn.tradimo.com/starting/a...es-for-trading
https://www.forexfactory.com/showthr...6#post10778856
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,280
  • May 5, 2018 6:34am May 5, 2018 6:34am
Quoting Inthebox
for newbies (even for those with couple of years experience), forget about colorful indicators, i found a gold nugget for you. keep it as simple as possible. website and pdf. https://learn.tradimo.com/starting/a...es-for-trading https://www.forexfactory.com/showthr...6#post10778856
a good gem find and sure to be a good help..
It's in fear when people show what they truly value.
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