THE only Pattern | Page 338 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Strategy behind 1 EA (buy only) and 1 EA (sell only) 2 replies

Can you trade only one pattern and be profitable? 61 replies

Script to change EA to long only/ short only at a price level? 1 reply

Price pattern scanner where I choose the pattern 4 replies

Pattern programs 1 reply

Attachments: THE only Pattern
Exit Attachments

THE only Pattern

  • #6,741
  • Oct 21, 2018 10:47pm Oct 21, 2018 10:47pm
Quoting HappyMan
{quote} Hmm, bought at 2762. TP1:2774. TP2:2779.
Good yes 2769_70 the most important R now and it may bring it down
atheer1
  • #6,742
  • Oct 21, 2018 11:12pm Oct 21, 2018 11:12pm
Quoting atheer1
{quote} Good yes 2769_70 the most important R now and it may bring it down
If that broken up I will stop selling this day
atheer1
  • #6,743
  • Oct 21, 2018 11:15pm Oct 21, 2018 11:15pm
Quoting atheer1
{quote} Good yes 2769_70 the most important R now and it may bring it down
Thanks for keep sharing your treasures with us!
Buy low, sell high.
  • #6,744
  • Oct 21, 2018 11:21pm Oct 21, 2018 11:21pm
UJ
112.6xx is cut level between buyers and sellers
atheer1
  • #6,745
  • Edited 11:41pm Oct 21, 2018 11:30pm | Edited 11:41pm
Quoting Inthebox
{quote} right. h1 pin bar. m5 impulse up but will face the minor resistance above. however m5 may suggest a breakup due to a space created between the last apex to now. interesting to scalp especially on a Monday.
tp usdjpy
be flexible when entering trades on retracement, being mindful of what is happening at higher tf.

micro m1 detailed analysis:

m1:
price broke down red upward sloping trend line with small retrace.
sell looking for continuation after closing below day open.
a quick upward thrust breaking small blue downward sloping trend line
upon breaking of minor blue resistance later turned support, i closed the sell with a loss,
and at same time put through 3 buy trades.
price continued upward and i closed all trades at higher tf nearest resistance
also the previous day high, which acts as a magnet for price.
zooming out you can see the trails left behind by those checked bullish candles that are bigger than the surrounding bearish candles.
impulse up, retrace, continuation.

m5:
the previous day, price broke up pre new york london high => indication price may still want to go up.
price could not close below london low, followed by break up of downward sloping blue trend line.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2018-10-22_1125.png Size: 29 KB
Click to Enlarge Name: 2018-10-22_1147.png Size: 59 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,746
  • Oct 22, 2018 12:14am Oct 22, 2018 12:14am
support and resistance ...........
something to think about for those with experience .........
a list would be horizontal sr, trend line, moving average, ohl, brn, pivot, fibonacci (horizontal sr being the most important for me).

depending on/view from different time frames, they can be:

fixed - horizontal sr, trend line, ohl, brn, pivot, fibonnaci
dynamic - trend line, moving average, fibonacci.

one off posting only ...... won't be discussing further.
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,747
  • Oct 22, 2018 12:21am Oct 22, 2018 12:21am
Morning everyone, wish good trading week.

Looking to short EU and cable...
  • #6,748
  • Oct 22, 2018 12:26am Oct 22, 2018 12:26am
Quoting witowito
Morning everyone, wish good trading week. Looking to short EU and cable...
share ..... why?
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,749
  • Oct 22, 2018 12:29am Oct 22, 2018 12:29am
Quoting witowito
Morning everyone, wish good trading week. Looking to short EU and cable...
First attempt at eu
  • #6,750
  • Oct 22, 2018 12:30am Oct 22, 2018 12:30am
Quoting Inthebox
{quote} share ..... why?
I will just give a minutes to manage the trade
  • #6,751
  • Oct 22, 2018 12:41am Oct 22, 2018 12:41am
Quoting Inthebox
{quote} share ..... why?
1. Daily level
2. H4 Flip pivot
3. H1 OP pattern already
4. M5 set up LH LL + trend line broke with pullback and confluences to daily open in that pullback...

I have 2 platform for charting so thats why u gonna see the trade just on the last one wich I use for m5/m1 and trigger the trades.
Its my Idea, of course is early in the week so no that big odds, but still worth it for me.
I wish It helps
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 88 KB
Click to Enlarge Name: Screenshot2.png Size: 65 KB
Click to Enlarge Name: Screenshot3.png Size: 66 KB
Click to Enlarge Name: Screenshot4.png Size: 79 KB
  • #6,752
  • Oct 22, 2018 12:43am Oct 22, 2018 12:43am
Quoting witowito
{quote} 1. Daily level 2. H4 Flip pivot 3. H1 OP pattern already 4. M5 set up LH LL + trend line broke with pullback and confluences to daily open in that pullback... I have 2 platform for charting so thats why u gonna see the trade just on the last one wich I use for m5/m1 and trigger the trades. Its my Idea, of course is early in the week so no that big odds, but still worth it for me. I wish It helps {image} {image} {image} {image}
Stop is there in case of a fast move but i will probably cut the trade earlier if I see that price is not doing what I expect
  • #6,753
  • Oct 22, 2018 12:49am Oct 22, 2018 12:49am
Quoting witowito
{quote} 1. Daily level 2. H4 Flip pivot 3. H1 OP pattern already 4. M5 set up LH LL + trend line broke with pullback and confluences to daily open in that pullback... I have 2 platform for charting so thats why u gonna see the trade just on the last one wich I use for m5/m1 and trigger the trades. Its my Idea, of course is early in the week so no that big odds, but still worth it for me. I wish It helps {image} {image} {image} {image}
wow! mtf analysis with clear and simple charts
can i share with you the privilege of saying 'great minds think alike' ...... just kidding
really glad to see that. you are definitely on your way to greater things ...........
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,754
  • Oct 22, 2018 1:02am Oct 22, 2018 1:02am
Quoting Inthebox
{quote} wow! mtf analysis with clear and simple charts can i share with you the privilege of saying 'great minds think alike' ...... just kidding really glad to see that. you are definitely on your way to greater things ...........
Lol. Cheers
But price is not going as It should right now, let see if is a new pullback and fast move down, cuting from now and i will try to jump back in if price shows weakness
  • #6,755
  • Oct 22, 2018 1:07am Oct 22, 2018 1:07am
Quoting witowito
{quote} Lol. Cheers But price is not going as It should right now, let see if is a new pullback and fast move down, cuting from now and i will try to jump back in if price shows weakness
don't worry too much on the choppy state which may unnerve you. i like the overall analysis.
their target is previous day's high. or the previous previous day's high (2 days before)
today you have gone 'invisible' hahaha .......
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,756
  • Oct 22, 2018 1:19am Oct 22, 2018 1:19am
Quoting witowito
{quote} Lol. Cheers But price is not going as It should right now, let see if is a new pullback and fast move down, cuting from now and i will try to jump back in if price shows weakness
I save my ass in Time...
As sooner as I saw price goin back above pivot zone(grey box m1) price wasnot doing what i expected so i cuted waiting for a new push down, instead the price come pabck,pullback and fly away... i was not expecting that bull run but thats it, no lost atm so im happy.
Going to the gym for a work out of the day and let the price unfold a bit.
Catch u later
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 77 KB
  • #6,757
  • Oct 22, 2018 1:19am Oct 22, 2018 1:19am
eu sell around 1.1530. looks like an last moment extreme exhausted upward thrust for false breakout.
don't think it will go higher than brn 1.1550.
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,758
  • Oct 22, 2018 1:33am Oct 22, 2018 1:33am
usd
though stale old news, still something food for thoughts.
this year end rate hike already priced in.
https://www.reuters.com/article/us-u...-idUSKBN1J935L
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,759
  • Oct 22, 2018 2:34am Oct 22, 2018 2:34am
Quoting Inthebox
eu sell around 1.1530. looks like an last moment extreme exhausted upward thrust for false breakout. don't think it will go higher than brn 1.1550.
upward thrust may be losing momentum.
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,760
  • Oct 22, 2018 3:47am Oct 22, 2018 3:47am
Sell UJ from around last week high with tight stop
atheer1
3 traders viewing now