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THE only Pattern

  • #7,141
  • Oct 30, 2018 12:31pm Oct 30, 2018 12:31pm
Quoting Inthebox
watch ej when price gets below yesterday's high. h1 low fractal has been broken. looking to sell. but i will be having dinner.
tp 128.00 ej sell.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #7,142
  • Oct 30, 2018 2:53pm Oct 30, 2018 2:53pm
Quoting ensale
{image} Gaud as an example..
Hi Ensale,

I don't get much chance to Trade these days but I do still keep an eye on the charts.

This is only my observations and what I have picked up from a few videos.



When we see Price move with Momentum a lot of Orders get left unfilled this is why we see Price PullBack to the Origins of the Momentum to Hoover up any remaining Orders.

Of course when Price goes hunting for Orders a lot of Stops are hit adding fuel to the fire.
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  • #7,143
  • Oct 30, 2018 3:01pm Oct 30, 2018 3:01pm
Quoting stevepatt
{quote} Hi Ensale, I don't get much chance to Trade these days but I do still keep an eye on the charts. This is only my observations and what I have picked up from a few videos. When we see Price move with Momentum a lot of Orders get left unfilled this is why we see Price PullBack to the Origins of the Momentum to Hoover up any remaining Orders. Of course when Price goes hunting for Orders a lot Stops are hit adding fuel to the fire. {image}
I agree with u about that. Inefficiency are called by Chris Lori on his mentoring. Gap of inefficiency which normally get filled. I use that a lot for entries. It's also kind of flag pattern and the orders are waiting at the pole...
Interesting way of seeing the price. At least for me.
  • #7,144
  • Oct 30, 2018 3:10pm Oct 30, 2018 3:10pm
Quoting stevepatt
{quote} Hi Ensale, I don't get much chance to Trade these days but I do still keep an eye on the charts. This is only my observations and what I have picked up from a few videos. When we see Price move with Momentum a lot of Orders get left unfilled this is why we see Price PullBack to the Origins of the Momentum to Hoover up any remaining Orders. Of course when Price goes hunting for Orders a lot of Stops are hit adding fuel to the fire. {image}
For me this would make sense for the big player's since they trade with billion's and cannot fill all their order's... also I find the pullback's generate buyer's (In a sell scenario) so a new low take's their stop's or start's putting them in pain.. generating money into the market... Thanks for your post.
It's in fear when people show what they truly value.
  • #7,145
  • Oct 30, 2018 9:41pm Oct 30, 2018 9:41pm
witowito
this one for you - your style of trading.
we can apply this in lower time frame when price is at a significant support/resistance zone of higher time frame

from my "mentor" ..........
when to wait
when to trade
which way to trade - why buy not sell
how to manage your trade
Inserted Video
ITB - Seeing Orderliness amongst 'Randomness'
  • #7,146
  • Oct 31, 2018 1:23am Oct 31, 2018 1:23am
Quoting Inthebox
witowito this one for you - your style of trading. we can apply this in lower time frame when price is at a significant support/resistance zone of higher time frame from my "mentor" .......... when to wait when to trade which way to trade - why buy not sell how to manage your trade https://www.youtube.com/watch?v=1MKRoyS1mJw&t=2s
Cool.
I dont just use trend line as he is doing but i Use them a lot for entries and for look for confluences with some other levels as pivot points/blocks and S&R area.
I belive each one have to find his own way of understanding the market and as long as he can take money from it. Its fine
  • #7,147
  • Oct 31, 2018 1:44am Oct 31, 2018 1:44am
GBP/JPY M30/M1 Short Trade
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  • #7,148
  • Oct 31, 2018 1:47am Oct 31, 2018 1:47am
Quoting witowito
{quote} I agree with u about that. Inefficiency are called by Chris Lori on his mentoring. Gap of inefficiency which normally get filled. I use that a lot for entries. It's also kind of flag pattern and the orders are waiting at the pole... Interesting way of seeing the price. At least for me.

I've watched a lot of Chris Lori's videos and follow a lot of his techniques also
  • #7,149
  • Oct 31, 2018 1:50am Oct 31, 2018 1:50am
Continue from ............. Break Rectrace Continue (BRC) - the safer way to enter trades
https://www.forexfactory.com/showthr...0#post11637480

This will be the final and last in the series.

Series 5: The way i see it ......... Putting it all together.

1 Draw the 10 pip support and resistance zones on the D1 charts of the pairs that you monitor.
2 If price comes near to anyone of them, switch to a lower time frame chart and observe carefully what is happening. You may want to include in the lower time frame chart things like day open high low, big round number, pivot, minor sr zones, trend line, etc .......... Frequently they also act as support and resistance.
3 What I look for is for price to repel the D1 sr zone. Normally this is the price first reaction, as to how far it will go, no one will know. So this will help if you are trading in the direction of higher time frame trend.
4 You can also use the H4 sr zone if you have difficulty in finding one in D1.
5 If M1 is not clear to you, switch to one or two time frames higher.
6 Look for pin and engulfing bar in reaction to sr zones and those that I had mentioned in point 2 above or the retrace of a breakout when price return to re-test the breakout level to see whether it will hold.
7 One could also consider using cost averaging as a strategy to establish a position on the pullback.
8 Place your profit target and exit point at the sr which you consider significant enough.

Methods available for trade entries like BRC, HnS, 2B, etc ....... are actually sub types of higher high, higher low. If you look for buy, it would require at least a higher low and when there is a higher high it would provide more confidence.

Below are what I had done earlier in the day.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #7,150
  • Oct 31, 2018 2:13am Oct 31, 2018 2:13am
3 options to get into a trade.
Inserted Video
ITB - Seeing Orderliness amongst 'Randomness'
  • #7,151
  • Oct 31, 2018 2:40am Oct 31, 2018 2:40am
Quoting Inthebox
Continue from ............. Break Rectrace Continue (BRC) - the safer way to enter trades https://www.forexfactory.com/showthr...0#post11637480 This will be the final and last in the series. Series 5: The way i see it ......... Putting it all together. 1 Draw the 10 pip support and resistance zones on the D1 charts of the pairs that you monitor. 2 If price comes near to anyone of them, switch to a lower time frame chart and observe carefully what is happening. You may want to include in the lower time frame chart things...
Very interesting posts.
I appreciate it.
It would be better if u put all together in a single post, gonna be long but it worth it. or maybe in a pdf file . Up to u.
But thnks for it
  • #7,152
  • Oct 31, 2018 3:32am Oct 31, 2018 3:32am
Quoting Inthebox
... 1 Draw the 10 pip support and resistance zones on the D1 charts of the pairs that you monitor. 2 If price comes near to anyone of them, switch to a lower time frame chart and observe carefully what is happening. You may want to include in the lower time frame chart things like day open high low, big round number, pivot, minor sr zones, trend line, etc .......... Frequently they also act as support and resistance. 3 What I look for is for price to repel the D1 sr zone. Normally this is the price first reaction, as to how far it will go, no one...
and this is from first page ... "... for daily it is 50 pip grid". Why you using the 10 pips grid and how you locate it? Sorry i do not get it at that point, because seems not strictly follow.
Your post is good.

Greets Michael
Perfection is the enemy of good enough!
  • #7,153
  • Oct 31, 2018 3:34am Oct 31, 2018 3:34am
Quoting MichaelSch
{quote} and this is from first page ... "... for daily it is 50 pip grid". Why you using the 10 pips grid and how you locate it? Sorry i do not get it at that point, because seems not strictly follow. Your post is good. Greets Michael
i think you have not read these from Atheer some one or two month ago.
later i find for you.
ITB - Seeing Orderliness amongst 'Randomness'
  • #7,154
  • Oct 31, 2018 4:13am Oct 31, 2018 4:13am
Quoting MichaelSch
{quote} and this is from first page ... "... for daily it is 50 pip grid". Why you using the 10 pips grid and how you locate it? Sorry i do not get it at that point, because seems not strictly follow. Your post is good. Greets Michael
here goes ..... start reading from post 5562 and a further 30 or so more posts
https://www.forexfactory.com/showthr...8#post11386738
and here ...... post 5727.
https://www.forexfactory.com/showthr...9#post11475749

he let us into his 'secret' and it's a big additional bonus for me on top of what he already taught, though he did not include it in the first post. only meant for those who shows real interest and read diligently can find the pot of gold ......
so there are 2 choices.
if you prefer to use the 50 pip grid, which i considered as 'fixed' for d1 by all means.
i personally prefer the 10 pip d1 high low because it's 'dynamic'.
i have use it ever since, with his blessing of course.
ITB - Seeing Orderliness amongst 'Randomness'
  • #7,155
  • Oct 31, 2018 4:32am Oct 31, 2018 4:32am
in this session .......
eur is weaker than gbp .....
so eu ej good for selling.
gu gj good for buying.
i prefer gbp.
ITB - Seeing Orderliness amongst 'Randomness'
  • #7,156
  • Oct 31, 2018 4:35am Oct 31, 2018 4:35am
Quoting Inthebox
in this session ....... eur is weaker than gbp ..... so eu ej good for selling. gu gj good for buying. i prefer gbp.
Agreed ... just waiting on GU to complete its pullback..
It's in fear when people show what they truly value.
  • #7,157
  • Oct 31, 2018 4:39am Oct 31, 2018 4:39am
Think eu will hit 1.13 this week. will see maybe break that Resistance
It's in fear when people show what they truly value.
  • #7,158
  • Oct 31, 2018 4:42am Oct 31, 2018 4:42am
Quoting Inthebox
in this session ....... eur is weaker than gbp ..... so eu ej good for selling. gu gj good for buying. i prefer gbp.
yep i agree.
I added yesterday to my basket eurgbp to control also that. so now i have full control of those 3 currencies with those 6 pairs.
Attached Image
  • #7,159
  • Oct 31, 2018 4:43am Oct 31, 2018 4:43am
EU TO BREAK OR NOT?

Vote

https://www.strawpoll.me/16750279
It's in fear when people show what they truly value.
  • #7,160
  • Oct 31, 2018 4:44am Oct 31, 2018 4:44am
Quoting ensale
Think eu will hit 1.13 this week. will see maybe break that Resistance
There i have my next area of S&R. I give it 20pips instead of 10.
13.1xx - 12.9xx
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