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THE only Pattern

  • #6,661
  • Oct 18, 2018 9:38pm Oct 18, 2018 9:38pm
haha.....
Atheer's computer may be on, but he is not at his desk ........
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,662
  • Oct 18, 2018 9:45pm Oct 18, 2018 9:45pm
Quoting Inthebox
happyman now what do you think? {image} {image}
I see. Moving my SL behind M30 bars. Let's see how it goes.

What timeframes do you usually check? D1, H1, M30 and M1? Or do you go back and forth on all TFs?
Buy low, sell high.
  • #6,663
  • Oct 18, 2018 9:46pm Oct 18, 2018 9:46pm
happyman
hmmm .....
your tp is around my upper d1 resistance line.
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,664
  • Oct 18, 2018 9:55pm Oct 18, 2018 9:55pm
Quoting HappyMan
{quote} I see. Moving my SL behind M30 bars. Let's see how it goes. What timeframes do you usually check? D1, H1, M30 and M1? Or do you go back and forth on all TFs?
1. the d1 sr of the pairs i monitor is always on my screen. clear and simple, no confusion.
2. when price approaching the sr, switch to a more detailed chart to see h4, h1, m30, m15, m5, m1.

if m1 is unclear, go up m5, if still unclear go up m15 .... and so on ....
if d1 is unclear, go up w1, if still unclear, go up mn ......
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,665
  • Oct 18, 2018 9:59pm Oct 18, 2018 9:59pm
Quoting Inthebox
happyman hmmm ..... your tp is around my upper d1 resistance line.
BE+9
Buy low, sell high.
  • #6,666
  • Oct 18, 2018 10:01pm Oct 18, 2018 10:01pm
Good morning everyone.
Uj could not close below last low (h1 talking) , it just made a stop run with a quick wick so it makes me think that it could go higher. Anyway at 112.4x levels we could have a sell opportunity. I still thinking its going to take the lows of 15 oct , but with that stop runs the window of new highs get open, thats why better to scalp,protect the trade and let see

This is what i would like to see, but of course need to wait for price action to confirm the move
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 110 KB
  • #6,667
  • Oct 18, 2018 10:25pm Oct 18, 2018 10:25pm
Quoting witowito
Good morning everyone. Uj could not close below last low (h1 talking) , it just made a stop run with a quick wick so it makes me think that it could go higher.
from your chart, we almost think alike now.
this is in a h4 downtrend in a h1 retracement.
break of upward sloping trend line and although piercing and did not close below the h1 support,
gave me an indication that price will go down after the retracement.
break ...... retracement ...... continuation ......
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,668
  • Oct 18, 2018 10:36pm Oct 18, 2018 10:36pm
Quoting Inthebox
{quote} from your chart, we almost think alike now. this is in a h4 downtrend in a h1 retracement. break of upward sloping trend line and although piercing and did not close below the h1 support, gave me an indication that price will go down after the retracement. break ...... retracement ...... continuation ......
I had that idea from yesterday but i just scalped some levels, i was expecting that move that later on happen but i lost my fatih reading ur ideas lol... but thats it thats market and i liket to discuss about pairs, levels and trades i belive thats how we develope as traders.
Let see how day´s go today, being friday i wont hold positions thru week-end so could be cutting them early on and try to get on board on monday.
  • #6,669
  • Oct 18, 2018 10:41pm Oct 18, 2018 10:41pm
On the levels now... watching carefully m1 for a trigger
  • #6,670
  • Oct 18, 2018 10:44pm Oct 18, 2018 10:44pm
Quoting witowito
{quote} I had that idea from yesterday but i just scalped some levels, i was expecting that move that later on happen but i lost my fatih reading ur ideas lol...
slowly but surely built up your own experience and confidence, then you do not care so much of other's opinions.
always discuss levels first ........
if we get the right level but having lousy entries ...... we still can win in the end.
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,671
  • Oct 18, 2018 10:57pm Oct 18, 2018 10:57pm
witowito
since you warned me, i better close all my trades.
Attached Image (click to enlarge)
Click to Enlarge Name: 2018-10-19_1355.png Size: 41 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,672
  • Oct 18, 2018 11:02pm Oct 18, 2018 11:02pm
Quoting Inthebox
witowito since you warned me, i better close all my trades. {image}
hohoho Nice trades, those are real good ones... i hope it reversal here and not made u close the trade for nothing. im shorting this bitch
  • #6,673
  • Oct 18, 2018 11:11pm Oct 18, 2018 11:11pm
Quoting witowito
{quote} hohoho Nice trades, those are real good ones... i hope it reversal here and not made u close the trade for nothing. im shorting this bitch
me too.
d1 kind of body engulfing.
h4 for a lower high may take quite some time.
h1 kind of triangle.
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,674
  • Oct 18, 2018 11:15pm Oct 18, 2018 11:15pm
Quoting HappyMan
{quote} BE+9
if it has not hit your be. then already hit your tp now.
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,675
  • Oct 19, 2018 12:14am Oct 19, 2018 12:14am
I dont like what price is doing
  • #6,676
  • Oct 19, 2018 12:19am Oct 19, 2018 12:19am
Quoting witowito
I dont like what price is doing
at the moment i am still holding on .....
i see 3 thrust up. the 2nd one not as strong as the first one. now will see the third one.
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,677
  • Oct 19, 2018 12:26am Oct 19, 2018 12:26am
i will close my ej sell to show my entries, although i think it is heading towards the day open.
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,678
  • Oct 19, 2018 12:29am Oct 19, 2018 12:29am
Quoting Inthebox
{quote} at the moment i am still holding on ..... i see 3 thrust up. the 2nd one not as strong as the first one. now will see the third one.
Im holding too but not like what price was doing, i was checking yesterday move and looks kind of similar the reversal. so let see
  • #6,679
  • Edited 12:47am Oct 19, 2018 12:33am | Edited 12:47am
Quoting witowito
{quote} Im holding too but not like what price was doing, i was checking yesterday move and looks kind of similar the reversal. so let see
I correct my self after seein how london open and a trend line hold the price so i close position, i will try to jump back in later on.
Maybe i will regret it but there is something that i dont like at all
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 74 KB
  • #6,680
  • Oct 19, 2018 1:06am Oct 19, 2018 1:06am
Quoting Inthebox
happyman now what do you think? {image} {image}
there were 2 d1 resistance above and that the trend was down in that time frame plus also the higher time frame.
usually when 2 sr zones are close together, price will tend to go for the higher one.
about stop loss. you use what suits you.
for me tight stop loss does not suit me. in my mind it will be above the upper d1 resistance.
i exit (and it's not a hard stop loss when it is triggered when price hit it) when the m30 or h1 candle close above the upper resistance.
now this may open up to controversies as my exit points may be far away.
for me if there are 2 sr zones close to each other, i will use this style. i have to believe and have confidence in choosing the d1 sr.
if it is a loss, so be it. which system does not lose once in a while.

now some will say i will lose a lot. to overcome this fear .......... i divide my intended units into 3,4,5 ....... etc units.
if say for example, i intend to divide into 5 parts and when i enter the first trade it goes against me. i have no qualm about it.
as this is only 20% of my intend units ....... and it alleviate my fear. you see my logic here?

now the scalp entries in micro m1 view.
1. below the day pivot. immediately went against me.
2/3. below the lower boundary of the upper d1 resistance. thought that it was losing momentum.
see the 3 upward thrust yellow lines. the 2nd one price did not reach the same height and is going down.
4/5. the last surge, came down not reaching the 3rd thrust height and having a good down candle.
Attached Image (click to enlarge)
Click to Enlarge Name: 2018-10-19_1554.png Size: 27 KB
ITB - Seeing Orderliness amongst 'Randomness'
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