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THE only Pattern

  • #7,641
  • Nov 19, 2018 5:59am Nov 19, 2018 5:59am
hold on to your hats.. someone just ordered volatilty
It's in fear when people show what they truly value.
  • #7,642
  • Nov 19, 2018 6:02am Nov 19, 2018 6:02am
Quoting witowito
{quote} But if this market want to drop probably will go one more time with a fast move up, catch some liquidity and then it would drop hard. Waiting paciently for levels... i wanted to go for the daily workout but i know that in the moment that i leave my desk, move is going to come lol... Check ur PM jmtini ...
Yes - Looks like it just happened. I had a pending sell at 1432 and took a quick scalp. Let's see if it holds now

Sorry didn't see your PM - have replied

EDIT

Are they waiting for the US session in an hour or so? I think so - I think the liquidity hunt is over but you never know with these blighters!!
  • #7,643
  • Nov 19, 2018 6:35am Nov 19, 2018 6:35am
Quoting jmtini
Hi - hope everyone had a reasonably good weekend! Possible interesting situation on EURUSD retracement - approaching a strong resistance level at around 1.1430. Also PA bounced off descending dynamic resistance back on 7th November - often does so again! Of course we'll look for candle confirmation lower time frame of any turn around. {image}
Well - more or less as predicted, still very early of course but looking better all the time for the bears!!
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  • #7,644
  • Nov 19, 2018 7:58am Nov 19, 2018 7:58am
EU approaching R at 1.1440-50 and prone for a correction..........
atheer1
  • #7,645
  • Nov 19, 2018 9:31am Nov 19, 2018 9:31am
well if this hourly candle does not close as a pin bar... This eur is starting to tell us that shorting it could be just a good idea for counter trend scalp. isnt it?

each time it gets to a level, accumulate and break thru with power...
  • #7,646
  • Nov 19, 2018 10:59am Nov 19, 2018 10:59am
Quoting jmtini
{quote} Well - more or less as predicted, still very early of course but looking better all the time for the bears!! {image}
Well sorry about that

But US session changed the dynamics as usual. Divergence signal never did get PA confirmation of course. I was was just taking a chance opening a sell trade so early. Only a micro lot - lost 2 dollars! But made it up scalping GJ downwards - nice bearish situation developing
  • #7,647
  • Nov 19, 2018 9:18pm Nov 19, 2018 9:18pm
Quoting Inthebox
buy nu {image}
status update.
Attached Image (click to enlarge)
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ITB - Seeing Orderliness amongst 'Randomness'
  • #7,648
  • Nov 20, 2018 2:29am Nov 20, 2018 2:29am
Good short coming up by the looks on GU... time to stalk.
It's in fear when people show what they truly value.
  • #7,649
  • Nov 20, 2018 2:46am Nov 20, 2018 2:46am
Quoting ensale
Good short coming up by the looks on GU... time to stalk.
Let's hope so! I'm short GZ
  • #7,650
  • Nov 20, 2018 2:47am Nov 20, 2018 2:47am
Quoting ensale
Good short coming up by the looks on GU... time to stalk.
buyers trying here 15 pips lower.. once they give up will have a 40 pip move approxx.
It's in fear when people show what they truly value.
  • #7,651
  • Nov 20, 2018 2:56am Nov 20, 2018 2:56am
EUR and GBP glowing red

NZD and JPY green so looking good!

Just scalped 20 pips in hurry GZ and GJ - plenty more available guys
  • #7,652
  • Nov 20, 2018 2:58am Nov 20, 2018 2:58am
Quoting ensale
{quote} buyers trying here 15 pips lower.. once they give up will have a 40 pip move approxx.
The thing is that eu looks as a better short than gu for my point of view... eurgbp is showing a pattern that could suggest weaker eur than gu but of course is just my idea
DXY is also at a key level wich react very good so it could even be the bottom for it and look for new highs. Its too early for that but it suggest that.
Also thinking about how market made me switch my idea yesterday is a clear sign of what u said(the picture that u posted)... selling all the way up and when i really should be selling, i switch to buy... I dont know if u get the idea lol or if i explain my self good.
I attach some pics .
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  • #7,653
  • Nov 20, 2018 2:59am Nov 20, 2018 2:59am
Quoting jmtini
EUR and GBP glowing red NZD and JPY green so looking good! Just scalped 20 pips in hurry GZ and GJ - plenty more available guys

GJ will target 144 possibly 143.50 on the horizon

GZ look for 186.50
  • #7,654
  • Nov 20, 2018 3:08am Nov 20, 2018 3:08am
Quoting witowito
{quote} Also thinking about how market made me switch my idea yesterday is a clear sign of what u said(the picture that u posted)... selling all the way up and when i really should be selling, i switch to buy... I dont know if u get the idea lol or if i explain my self good. I attach some pics . {image} {image} {image} {image}
yeah market finds your point. and I understand you.. atleast when going up .. let it flow.. let the buyer's complete . .stalk and strike when it's right..
It's in fear when people show what they truly value.
  • #7,655
  • Nov 20, 2018 3:12am Nov 20, 2018 3:12am
Quoting ensale
{quote} yeah market finds your point. and I understand you.. atleast when going up .. let it flow.. let the buyer's complete . .stalk and strike when it's right..
Yep I need to improve in many things.
I guess that this come with time, but so far so good.
Your picture was very helpful at this point cause it cames inmidiatly at my mind telling me... dont be that stupid and buy now when is the real time to sell...
So thnks for that and for the other advices.
  • #7,656
  • Nov 20, 2018 3:13am Nov 20, 2018 3:13am
Quoting witowito
{quote} The thing is that eu looks as a better short than gu for my point of view... eurgbp is showing a pattern that could suggest weaker eur than gu but of course is just my idea
GU just had the setup.. and yes eu did better.. lol when i looked at eu i said typical.. i choose the one that moves slower. but gu setup was killer.. m5 accumlation .. rise aggressive.. and short was clear. so even if something weaker then something else.. (in this eur weaker then gbp) I still like to take what look's best..

and GBP completed it's move, all out.. 45 pips move.

p.s answering to each segement of your post's. Now to look at your chart in detail!
It's in fear when people show what they truly value.
  • #7,657
  • Nov 20, 2018 3:20am Nov 20, 2018 3:20am
Quoting ensale
{quote} GU just had the setup.. and yes eu did better.. lol when i looked at eu i said typical.. i choose the one that moves slower. but gu setup was killer.. m5 accumlation .. rise aggressive.. and short was clear. so even if something weaker then something else.. (in this eur weaker then gbp) I still like to take what look's best.. and GBP completed it's move, all out.. 45 pips move. p.s answering to each segement of your post's.
Nice to hear that cause thats meansThat im not the only one who normally takes the wrong pair... hahaha It moves good but not as good as the cousin lol.
I can see what u saying of that accumulation and fast move up looking for liquidity and then droping but why do u consider the move completed?
Just asking for learning about ur idea... Thnks
  • #7,658
  • Nov 20, 2018 3:24am Nov 20, 2018 3:24am
Quoting witowito
{quote} Nice to hear that cause thats meansThat im not the only one who normally takes the wrong pair... hahaha It moves good but not as good as the cousin lol. I can see what u saying of that accumulation and fast move up looking for liquidity and then droping but why do u consider the move completed? Just asking for learning about ur idea... Thnks
see it as coming back, going side ways.. from there it's possible a. move back up b. move down. Don't have clarity on that yet..
It's in fear when people show what they truly value.
  • #7,659
  • Nov 20, 2018 3:28am Nov 20, 2018 3:28am
well.
Updating the trade now after seeing how its reacting at levels i closed the 90% and just leave at break even the 10%.
The green scenario is most likely to happen but if price is weak and want to do the red one, there u have my idea and the red line below the box would be a tight stop for re.shorting it...


PD: So far price is not breaking the market structure in higher time frame...
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  • #7,660
  • Nov 20, 2018 3:33am Nov 20, 2018 3:33am
Quoting ensale
{quote} see it as coming back, going side ways.. from there it's possible a. move back up b. move down. Don't have clarity on that yet..
I don't think i answered the why properly..

But quick burst moves can come to an end quickly, the swing low is attractive so made sense sense as a target.. new low made,, could see also profit taking with big long leg wick's.... and momentum for short trade is over. .. so a new sequence begins or new impetus where we go up to search for sell limit's, or not find any and keep going up/sideways.
It's in fear when people show what they truly value.
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