THE only Pattern | Page 294 | Forex Factory

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THE only Pattern

  • #5,861
  • Sep 19, 2018 1:53am Sep 19, 2018 1:53am
sell eu 1.17051
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,862
  • Sep 19, 2018 1:58am Sep 19, 2018 1:58am
GU retest of 1.317XX may be
atheer1
  • #5,863
  • Sep 19, 2018 2:11am Sep 19, 2018 2:11am
scratching my head on the news interpretation. that's why did not trade it.
gu touched h1 support 1.3175
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,864
  • Sep 19, 2018 2:24am Sep 19, 2018 2:24am
Brexit, trade war, don't see trend running for 3-5 days nowadays.
https://www.msn.com/en-sg/money/news...cid=spartanntp
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,865
  • Sep 19, 2018 2:32am Sep 19, 2018 2:32am
Sniper entry on EU for a quick scalp. taking 50%out at 3.5R and moving to BE the rest
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  • #5,866
  • Sep 19, 2018 2:56am Sep 19, 2018 2:56am
Looks like a great system! Have been backtesting it on some futures as well - significant increase in profit. Thanks for making it available to the public, atheer1 !

Read the first five pages. What else would recommend doing to someone who is just starting with this system? I think the main question is, what to do, once price approaches a level. The initial reaction is to expect a reversal, but sometimes the price continues. So, set up two opposite trades 5 pips away from a signal bar? Just thinking out loud. Appreciate your patience with a beginner!
Buy low, sell high.
  • #5,867
  • Sep 19, 2018 3:38am Sep 19, 2018 3:38am
something to work at is to trust much more on my trades and let them run cause i can see now how quick i close them and then run in the good direction, entries are very good with tight stop of 2-5 pips but closing part is not good as it should. any advice to improve this?
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  • #5,868
  • Sep 19, 2018 3:47am Sep 19, 2018 3:47am
it's ok to close a portion to pay yourself first, to have some good feeling.
For day trading, aim a portion for more than 20 pips.
possible targets are day or previous day's h/l, day/ldn open, day pivot, 200 ma.
these could even from yesterday's level.
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,869
  • Sep 19, 2018 3:57am Sep 19, 2018 3:57am
Quoting Inthebox
it's ok to close a portion to pay yourself first, to have some good feeling. For day trading, aim a portion for more than 20 pips. possible targets are day or previous day's h/l, day/ldn open, day pivot, 200 ma. these could even from yesterday's level.
Need to work on that.
I belive is beacuse too many loosing time so now when i see a bit of profits i close them inmidiatly. Gonna try that, just pay my self and leave always a portion to farther TP
  • #5,870
  • Sep 19, 2018 4:17am Sep 19, 2018 4:17am
Quoting Inthebox
sell eu 1.17051
m1 view, the level I had targeted to close around day pivot/ldn open/m5 sma200.
Attached Image
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,871
  • Sep 19, 2018 4:42am Sep 19, 2018 4:42am
Quoting Inthebox
{quote} m1 view, the level I had targeted to close around day pivot/ldn open/m5 sma200. {image}
lovely one, i closed to early. that one and also cheff… but thats it. Lets keep working on it to improve ...
  • #5,872
  • Sep 19, 2018 4:45am Sep 19, 2018 4:45am
Let me see if I am getting it right.

AUDUSD. 1H, If the red bar closes below the prev open, that would indicate a sell signal?
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Buy low, sell high.
  • #5,873
  • Sep 19, 2018 4:48am Sep 19, 2018 4:48am
Quoting HappyMan
Looks like a great system! Have been backtesting it on some futures as well - significant increase in profit. Thanks for making it available to the public, atheer1 ! Read the first five pages. What else would recommend doing to someone who is just starting with this system? I think the main question is, what to do, once price approaches a level.
the what's and how's on the smaller time frame entry part is not fully explained. this is my own take on it Post# 5,745.
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,874
  • Sep 19, 2018 4:53am Sep 19, 2018 4:53am
AU is ready for short retracement
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Profit growth tells you the trader ability.
  • #5,875
  • Sep 19, 2018 5:37am Sep 19, 2018 5:37am
@inthebox, many thanks for putting this list up and pointing me to it. Saved it to my file. Read once already and surely will review many times. I find your responses in this thread very helpful.

Keep reading the thread, page 15 is behind.

Another question, anybody has problems loading the profile for USDJPY? For some reason, there are no 'sweet spots'.
Buy low, sell high.
  • #5,876
  • Sep 19, 2018 6:00am Sep 19, 2018 6:00am
do not know whether a broker with 4 digits or 5 digits decimal places make any difference. mine is a 5 digit.
also try adjusting the main level and sub level by 100's or 10's.
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,877
  • Sep 19, 2018 7:39am Sep 19, 2018 7:39am
scalp buy eurusd 1.16652
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,878
  • Sep 19, 2018 7:43am Sep 19, 2018 7:43am
Quoting HappyMan
Let me see if I am getting it right. AUDUSD. 1H, If the red bar closes below the prev open, that would indicate a sell signal? {image}
yes...............wait for the close
atheer1
  • #5,879
  • Sep 19, 2018 7:47am Sep 19, 2018 7:47am
close eu m1
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,880
  • Sep 19, 2018 8:23am Sep 19, 2018 8:23am
scalp sell eurusd 1.16724
ITB - Seeing Orderliness amongst 'Randomness'
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