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THE only Pattern

  • #6,121
  • Oct 4, 2018 8:56am Oct 4, 2018 8:56am
Quoting ensale
{quote} agonizing to miss out on 5R, 50 point trade by a point's miss of sell limit . {image}
You can see how the 127.2 acted out in this trade, helped me see the oppurtunity.
It's in fear when people show what they truly value.
  • #6,122
  • Oct 4, 2018 9:02am Oct 4, 2018 9:02am
Quoting witowito
{quote} what u mean with that. I dont get what u want to tell me
when observing what price is doing at a d1,h4,h1 support or resistance level
m1 sell at arrow when price close below both trend line and fractal.
exit if price close above red rectangle.
but in m5 perspective it has not reach the fractal yet.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #6,123
  • Oct 4, 2018 9:06am Oct 4, 2018 9:06am
Quoting atheer1
UJ sell short from daily open...........counter trend............i.e 114.5xx............not valid if broken up
This trade quietly doing the business.. nice one atheer
It's in fear when people show what they truly value.
  • #6,124
  • Oct 4, 2018 9:19am Oct 4, 2018 9:19am
yes gbp and jpy the strong ones.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #6,125
  • Oct 4, 2018 9:23am Oct 4, 2018 9:23am
Jpy is getting help now from dax and dow falling.
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Update: Dax down 110 point's from 127.2 high.
It's in fear when people show what they truly value.
  • #6,126
  • Oct 4, 2018 9:42am Oct 4, 2018 9:42am
Quoting ensale
{quote} This trade quietly doing the business.. nice one atheer
my 1st TP reached at 113.6xx
atheer1
  • #6,127
  • Oct 4, 2018 9:58am Oct 4, 2018 9:58am
eurusd sell
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Attached Image
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,128
  • Oct 4, 2018 10:07am Oct 4, 2018 10:07am
Quoting Inthebox
eurusd sell {image} {image}
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... following HH and LL is a good choice.
Perfection is the enemy of good enough!
  • #6,129
  • Oct 4, 2018 10:22am Oct 4, 2018 10:22am
the important thing is to locate the right strong resistance zone.
there is always an element of risk on trading m1 being choppy.
after breaking the m5 trendline, price will likely bounce up from the m5 fractal zone to test the break of trend line.
only feel safer when price goes below the m5 fractal.

if the trade fails, it fails.
at least to me, it has limit the number of entries i made, trading at the right zone.
instead of all over the place, like a chicken running around without its head.
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,130
  • Oct 4, 2018 10:41am Oct 4, 2018 10:41am
Quoting Inthebox
eurusd sell {image} {image}
Cable looking similar to eu for shorting it.
Daily level (10pip range) + 1m breaking market structure + pullback to pivot zone. let see if it Works. Stop could be tighter but i prefer to keep it there until I see Price unfolds.
what do u think?
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  • #6,131
  • Oct 4, 2018 10:44am Oct 4, 2018 10:44am
Quoting witowito
{quote} Cable looking similar to eu for shorting it. Daily level (10pip range) + 1m breaking market structure + pullback to pivot zone. let see if it Works. Stop could be tighter but i prefer to keep it there until I see Price unfolds. what do u think? {image} {image}
Confluences with the 127 and weekly opening line
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  • #6,132
  • Oct 4, 2018 10:50am Oct 4, 2018 10:50am
yes i wanted to mention the price drop after touching the weekly open.
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,133
  • Oct 4, 2018 11:03am Oct 4, 2018 11:03am
Quoting witowito
{quote} Confluences with the 127 and weekly opening line {image}
i have not really check out the indicator.
do you know what is ht1 ht2.....lt1 lt2.... ?
manually it it drawn like that?
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ITB - Seeing Orderliness amongst 'Randomness'
  • #6,134
  • Oct 4, 2018 11:07am Oct 4, 2018 11:07am
Quoting Inthebox
{quote} i have not really check out the indicator. do you know what is ht1 ht2.....lt1 lt2.... ? manually it it drawn like that? {image}
Well i Keep the indicator in a diferently window chart cause i like to see the Price naked.Aa lot of lines get me confuse.

I belive that ht1 is high target 1 wich is 1.27 and lt1 is low target wich is -0.27 so the extensión that u drawn manually the lt2,3,4... i guess are also fib extensión

At indicator u can observe weekly target and daily targets. wich are the extensions of the range of the last week or the last day
  • #6,135
  • Oct 4, 2018 11:11am Oct 4, 2018 11:11am
gbpusd potential of 70-90 pips i think.
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,136
  • Oct 4, 2018 11:47am Oct 4, 2018 11:47am
tomorrow i will avoid trading usdcad.
red calendar results may be conflicting.
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,137
  • Oct 4, 2018 11:55am Oct 4, 2018 11:55am
Quoting Inthebox
tomorrow i will avoid trading usdcad. red calendar results may be conflicting.
Well for USD is also hard day with NFP so early morning could be tradeable(european time) but later on and being friday could be tricky.

About cable i belive that we should see a lower low in that down trend but lets see how it unfolds, first target for me may be that red rectangle around 1.2975 and second one break yesterday lows, but if Price dont move soon i Will close half and move to break even during asia session
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  • #6,138
  • Oct 4, 2018 12:02pm Oct 4, 2018 12:02pm
Quoting witowito
{quote} Well i Keep the indicator in a diferently window chart cause i like to see the Price naked.Aa lot of lines get me confuse. I belive that ht1 is high target 1 wich is 1.27 and lt1 is low target wich is -0.27 so the extensión that u drawn manually the lt2,3,4... i guess are also fib extensión At indicator u can observe weekly target and daily targets. wich are the extensions of the range of the last week or the last day
you got it spot on ..

HT2 =141.4 HT3=`161.8 HT4:200 %

HT2 is the only other one you really should pay attention too. probabitly for HT3/HT4 Drop's big time, that's why broker's teach retailers to go for that target.
It's in fear when people show what they truly value.
  • #6,139
  • Oct 4, 2018 12:08pm Oct 4, 2018 12:08pm
Quoting Inthebox
gbpusd potential of 70-90 pips i think.
which way. long short.

short I presume
It's in fear when people show what they truly value.
  • #6,140
  • Oct 4, 2018 12:39pm Oct 4, 2018 12:39pm
GU I prefer taking longs from S..........as long as we are above 1.2940-50...........in addition to it we are around monthly open and if early days of the month are taking a dip and then back to open then mostly the direction is up unless the low is broken down........
atheer1
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