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THE only Pattern

  • #5,721
  • Sep 13, 2018 9:34am Sep 13, 2018 9:34am
it's risky to take a trade base on a single resistance line.
m1 is for you to observe first. is there a lower low? but that does not mean price is going down.
lots of patience is required. that's why I put that in my signature to remind myself.
Attached Image
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,722
  • Sep 13, 2018 9:39am Sep 13, 2018 9:39am
UJ reaching 111.90-112.............next important R 112.20-30........this level is essential for the long term trend
atheer1
  • #5,723
  • Sep 13, 2018 9:42am Sep 13, 2018 9:42am
Now EU 1.1660-70 is nice level to buy from
atheer1
  • #5,724
  • Sep 13, 2018 9:44am Sep 13, 2018 9:44am
Quoting atheer1
{quote} It will work for a while may be retest of 1.1660-70.........but be careful EU is heading to 1.1730-40 R.........and yes you are selling at important R 1.1690-1.17
Here you go be careful now
atheer1
  • #5,725
  • Sep 13, 2018 9:59am Sep 13, 2018 9:59am
Quoting witowito
{quote} H4 resistence +setup 1m? in this case where did u had the stop? Or u dont use those lines anymore? {image}
I don't use hard stop unless when asleep. I use exiting of trade if the h1 close above the top of h4 resistance for medium term trade. m15 for short term.
Attached Image
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,726
  • Sep 13, 2018 9:59am Sep 13, 2018 9:59am
Quoting atheer1
Now EU 1.1660-70 is nice level to buy from
I appreciatte ur Words but i would like to know if is posible where do u see those levels as a key level? in wich time frame? Im tryin to learn from ur words not to open or close trades.
I can see that u really know what u doing thats why im asking, please dont take me wrong.
  • #5,727
  • Edited 10:24am Sep 13, 2018 10:12am | Edited 10:24am
Quoting witowito
{quote} I appreciatte ur Words but i would like to know if is posible where do u see those levels as a key level? in wich time frame? Im tryin to learn from ur words not to open or close trades. I can see that u really know what u doing thats why im asking, please dont take me wrong.

I only take my levels of importance from daily chart H/L ...........have a look at those levels in this chart............you need to go back to understand how those levels were picked carefully..........

Attached Image (click to enlarge)
Click to Enlarge Name: EU levels.png Size: 47 KB
atheer1
  • #5,728
  • Sep 13, 2018 10:15am Sep 13, 2018 10:15am
Atheer
Do you hold both buy and sell?
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,729
  • Sep 13, 2018 10:28am Sep 13, 2018 10:28am
Quoting Inthebox
Atheer Do you hold both buy and sell?
Sometimes in a ranging market........and the beginning of new direction
atheer1
  • #5,730
  • Sep 13, 2018 10:36am Sep 13, 2018 10:36am
Quoting atheer1
{quote} Sometimes in a ranging market........and the beginning of new direction
Do you mean if beginning of new direction which has not develop to confirmed trend but expect to be so.
Or already in trend but counter on retracement.
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,731
  • Sep 13, 2018 10:38am Sep 13, 2018 10:38am
Quoting atheer1
{quote} Sometimes in a ranging market........and the beginning of new direction
Do u see selling and buying áreas separatly? I mean support become ressistence or not for this kind of setups. From ur picture i can see u have lot of levels at a daily chart wich i can not identify clearly but i belive its just a matter of time so i Will follow the thread closely
  • #5,732
  • Sep 13, 2018 10:40am Sep 13, 2018 10:40am
Quoting Inthebox
{quote} Do you mean if beginning of new direction which has not develop to confirmed trend but expect to be so. Or already in trend but counter on retracement.
Yes if new trend still not confirmed
atheer1
  • #5,733
  • Sep 13, 2018 10:43am Sep 13, 2018 10:43am
hi atheer1,

how are you my friend?
do you think we will see retest on 112.140-50?
"bad trades at times do happen even when the set up are good"
  • #5,734
  • Sep 13, 2018 10:44am Sep 13, 2018 10:44am
levels 10 pips apart are drawn at tails or shadows of candles which are also turning points. lines at least passing through 2 or 3 candles.
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,735
  • Sep 13, 2018 10:48am Sep 13, 2018 10:48am
Quoting Inthebox
levels 10 pips apart are drawn at tails or shadows of candles which are also turning points. lines at least passing through 2 or 3 of them.
Thnks for that
  • #5,736
  • Sep 13, 2018 10:50am Sep 13, 2018 10:50am
good night everyone
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,737
  • Sep 13, 2018 10:52am Sep 13, 2018 10:52am
Quoting spijack
hi atheer1, how are you my friend? do you think we will see retest on 112.140-50?
Hello my friend ........nice to see you again

speaking of UJ levels you mentioned not clear to me......would you mind to clarify so that I can answer your question
atheer1
  • #5,738
  • Sep 13, 2018 10:59am Sep 13, 2018 10:59am
Quoting atheer1
{quote} Hello my friend ........nice to see you again speaking of UJ levels you mentioned not clear to me......would you mind to clarify so that I can answer your question
i just got back actually from long vacation...

looking on 4H and daily set up it seems for me sight good R 112.140-50..
my buy trade still open and i have not decide yet good TP
"bad trades at times do happen even when the set up are good"
  • #5,739
  • Edited 11:16am Sep 13, 2018 11:05am | Edited 11:16am
Quoting spijack
hi atheer1, how are you my friend? do you think we will see retest on 112.140-50?
If I got level right 112.14-112.50........

Yes I think 112.30-40 is to be tested not necessarily today..........if broken up we may have 113.60-70 on the next move

UJ levels

Attached Image (click to enlarge)
Click to Enlarge Name: UJ levels.png Size: 59 KB
atheer1
  • #5,740
  • Sep 13, 2018 11:28am Sep 13, 2018 11:28am
Quoting Inthebox
good night everyone
night
It's in fear when people show what they truly value.
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