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THE only Pattern

  • #7,761
  • Nov 23, 2018 3:06am Nov 23, 2018 3:06am
Quoting Inthebox
at resistance, break of trend line, retrace, pin bar. lots of break and retrace. {image}
tp. top to bottom
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 12 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #7,762
  • Nov 23, 2018 5:47am Nov 23, 2018 5:47am
too quiet. i can hear a pin drop.
Inserted Video
ITB - Seeing Orderliness amongst 'Randomness'
  • #7,763
  • Nov 23, 2018 6:36am Nov 23, 2018 6:36am
Quoting Inthebox
too quiet. i can hear a pin drop. https://www.youtube.com/watch?v=PNoFyUx25j8
lol
It's in fear when people show what they truly value.
  • #7,764
  • Nov 23, 2018 6:46am Nov 23, 2018 6:46am
i got a feeling that eu gu ej gj aiming for last week or this week low.
looking at d1 seems to be the last leg of 3rd or 4th drop.
just a feeling.......
ITB - Seeing Orderliness amongst 'Randomness'
  • #7,765
  • Edited 12:28pm Nov 23, 2018 11:03am | Edited 12:28pm
Quoting Inthebox
{quote} tp. top to bottom {image}
Well done - my goodness, you had that trade open for nearly 2 days - you have nerves of steel!

No unfortunately I closed my trade yesterday and then this morning I concentrated on GJ - Scalped my way to a few pips - a really nice day

It's always a nice day when EUR and GBP are weak!
Attached Image (click to enlarge)
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  • #7,766
  • Nov 24, 2018 10:29am Nov 24, 2018 10:29am
Quoting ensale
{quote} To expand further... Ton of money at these circled extremes.. {image} Can someone tell why that is the case? why was there 4 (3 highlighted) high volume prices in such a short space of time.... ( indicated by spikes/wick in the GUSD.)
Attached Image (click to enlarge)
Click to Enlarge Name: 2018-11-24_18h26_27.png Size: 114 KB


Answer.. after compression retail trader's trading to guess the break to catch some pip's, they we cleaned time and time again.. + brexit causes more interest and retail trader involvement.
It's in fear when people show what they truly value.
  • #7,767
  • Nov 24, 2018 11:42am Nov 24, 2018 11:42am
Quoting ensale
{quote} 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.
Dumb money Lose 50 pips- Sell limit trader's, get the best part of a 100 pip move.. telling you there is 70 % dumb money paying for the 30 percent that are trading this move profitably.
Attached Image (click to enlarge)
Click to Enlarge Name: 2018-11-24_19h23_04.png Size: 45 KB
It's in fear when people show what they truly value.
  • #7,768
  • Edited 12:05pm Nov 24, 2018 11:47am | Edited 12:05pm
TImeframes described in emoji's/ Likes and Dislikes
M1
M5
M15
M30
H1
H4
Day
Weekly
Monthly
It's in fear when people show what they truly value.
  • #7,769
  • Nov 24, 2018 12:26pm Nov 24, 2018 12:26pm
Quoting ensale
{quote} Dumb money Lose 50 pips- Sell limit trader's, get the best part of a 100 pip move.. telling you there is 70 % dumb money paying for the 30 percent that are trading this move profitably. {image}
"Sadly" we have to thank those people for our wins. The good ole zero sum game
  • #7,770
  • Nov 25, 2018 4:06am Nov 25, 2018 4:06am
Quoting ensale
{quote} Dumb money Lose 50 pips- Sell limit trader's, get the best part of a 100 pip move.. telling you there is 70 % dumb money paying for the 30 percent that are trading this move profitably. {image}
Hindsight is a wonderful thing ensale - with the benefit of hindsight I would have been a multi-millionaire by now

How many times after experiencing a loss have I looked at the charts and thought my God why on earth was I buying/selling at that stage!!

Yes in the heat of battle even the most experienced traders can make elementary mistakes. Especially in these extremely volatile times insofar as sterling crosses are concerned, in my view it's almost impossible to not get caught out eventually.

Probably the best course of action is to stay out of GBP until the Brexit thing is sorted (if ever of course!!)
  • #7,771
  • Edited 3:01pm Nov 25, 2018 5:13am | Edited 3:01pm
Quoting jmtini
{quote} Hindsight is a wonderful thing ensale - with the benefit of hindsight I would have been a multi-millionaire by now How many times after experiencing a loss have I looked at the charts and thought my God why on earth was I buying/selling at that stage!! Yes in the heat of battle even the most experienced traders can make elementary mistakes. Especially in these extremely volatile times insofar as sterling crosses are concerned, in my view it's almost impossible to not get caught out eventually. Probably the best course of action is to stay...
I activley talked this through..

Plus trading this profitably, what your problem with that.. second time I tell you now.

If you and other's having difficulty then avoid it. I know people that hate gbp and some that love it...
It's in fear when people show what they truly value.
  • #7,772
  • Nov 25, 2018 5:21am Nov 25, 2018 5:21am
Quoting ensale
{quote} I activley talked this through.. Plus trading this profitably, what your problem with that.. second time I tell you now. If you and other's having difficulty then avoid it. I know people that hate gbp and some that love it... so relax and Chill.
I think you have the problem my friend. I am totally relaxed thank you!

I love GBP crosses and have traded them for years. But what I said above makes sense whether you like it or not. It is so easy to post charts to show what people should have done however as I said it is easy to make simple mistakes in this game otherwise we would all be millionaires right?

If you are a magician and have consistently made money over the last week or two with GBP crosses then maybe you should show us all your trades to prove it

But I truly suggest that YOU cool down as I was not getting at you personally. But making a general comment
  • #7,773
  • Nov 25, 2018 5:24am Nov 25, 2018 5:24am
Quoting jmtini
{quote} I think you have the problem my friend. I am totally relaxed thank you! I love GBP crosses and have traded them for years. But what I said above makes sense whether you like it or not. It is so easy to post charts to show what people should have done however as I said it is easy to make simple mistakes in this game otherwise we would all be millionaires right? If you are a magician and have consistently made money over the last week or two with GBP crosses then maybe you should show us all your trades to prove it But I truly suggest that...
I am not getting into a tick tack .. back and forth so it ends here..

Back into trading.
It's in fear when people show what they truly value.
  • #7,774
  • Nov 25, 2018 5:31am Nov 25, 2018 5:31am
Quoting ensale
{quote} I am not getting into a tick tack .. back and forth so it ends here.. Back into trading.

  • #7,775
  • Nov 25, 2018 6:53am Nov 25, 2018 6:53am
Quoting ensale
{quote} {image} Answer.. after compression retail trader's trading to guess the break to catch some pip's, they we cleaned time and time again.. + brexit causes more interest and retail trader involvement.
what's the tool for drawing the curve in the chart? is it available for free?
ITB - Seeing Orderliness amongst 'Randomness'
  • #7,776
  • Nov 25, 2018 6:54am Nov 25, 2018 6:54am
Quoting Inthebox
{quote} what's the tool for drawing the curve in the chart? is it available for free?
Screenpresso. and yes can use it free..
It's in fear when people show what they truly value.
  • #7,777
  • Nov 25, 2018 7:34am Nov 25, 2018 7:34am
EU, possibilty we test blue line and then move in counter to the bearish view many have..

Attached Image (click to enlarge)
Click to Enlarge Name: 2018-11-25_15h30_56.png Size: 36 KB
It's in fear when people show what they truly value.
  • #7,778
  • Nov 25, 2018 2:40pm Nov 25, 2018 2:40pm
I like to keep the thread friendly.......So please do not post in a way that accuses your fellow trader of anything bad.........please keep open minded to others and try to express your opinion in a friendly attitude........we are here to help each others to trade profitably and not anything else.......
atheer1
  • #7,779
  • Nov 25, 2018 2:54pm Nov 25, 2018 2:54pm
Back to trading.............

levels to look for in UJ

114.10-20
113.70-80
113.30-40
113.00-10
112.60-70
112.30-40
112.00-10
111.60-70
atheer1
  • #7,780
  • Nov 25, 2018 3:01pm Nov 25, 2018 3:01pm
I think we will have more than average week in UJ stay tuned
atheer1
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