THE only Pattern | Page 415 | 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

  • #8,281
  • Jan 2, 2019 3:28am Jan 2, 2019 3:28am
Quoting ajwadsaleem
Looking at the daily time frame, we are holding below SnR , we just had a LL from the overall trend and we're in a pullback phase. {image} If we take a look on weekly timeframe , there is a strong demand at left from where we're reacting for the very first time and we had a very strong sharp reversal from that demand. {image} Even though we're in sellers territory but because of this reason that every one is looking to sell from daily (because...
nice overall analysis, hope there is more to come
It's in fear when people show what they truly value.
  • #8,282
  • Jan 2, 2019 3:30am Jan 2, 2019 3:30am
Quoting jmtini
{quote} Yes I do think you're right but it only became more apparent in the afternoon session which I missed as usual Both of course depend on JPY strength which tends to be either very strong or very weak - I suppose that's good in a way! Looking at GBPAUD, really were some great buying opportunities in the last 10 days. I do think that problem with many of us is that we're trying to watch too many pairs. Some time ago I got some advice from a very experienced and successful trader to only concentrate on one trading pair. A pair like...
Good advice, think that is the way to go
It's in fear when people show what they truly value.
  • #8,283
  • Jan 2, 2019 4:11am Jan 2, 2019 4:11am
tp gj h1 sell.
this is the 3rd chart and probably by now one would know the pattern that i am entering a trade.
as one can see my entry was not the "right" one, meaning price did not immediately fall after i sold.
though one can still earn some pips scalping the lower time frame.
the saving grace is the trend direction and the double protection of h4 resistance (especially so when both is near each other).
if these work 2/3 of the time, would one use it? and then there is the question of does one has the patience to trade it when price goes against you?
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 29 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #8,284
  • Jan 2, 2019 6:13am Jan 2, 2019 6:13am
Quoting Inthebox
tp gj h1 sell. this is the 3rd chart and probably by now one would know the pattern that i am entering a trade. as one can see my entry was not the "right" one, meaning price did not immediately fall after i sold. though one can still earn some pips scalping the lower time frame. the saving grace is the trend direction and the double protection of h4 resistance (especially so when both is near each other). if these work 2/3 of the time, would one use it? and then there is the question of does one has the patience to trade it when price goes against...
Hi Inthe box

Well done - very nice again. Just your drawdowns are a bit too much for my weak nerves!

Here is my 4 hour chart with the entry points - I really like the 4 hour chart entry which you alerted me to the potential!
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH4.png Size: 44 KB
  • #8,285
  • Jan 2, 2019 6:51am Jan 2, 2019 6:51am
buy GU from 1.264xx......target 30-50 pip
atheer1
  • #8,286
  • Jan 2, 2019 7:33am Jan 2, 2019 7:33am
Quoting atheer1
buy GU from 1.264xx......target 30-50 pip
broken down to S at 1.2610-20........we may correct up to 1.2690-1.27 before any further down move.......
atheer1
  • #8,287
  • Jan 2, 2019 7:36am Jan 2, 2019 7:36am
Quoting jmtini
{quote} Hi Inthe box Well done - very nice again. Just your drawdowns are a bit too much for my weak nerves! Here is my 4 hour chart with the entry points - I really like the 4 hour chart entry which you alerted me to the potential! {image}
maybe this perspective.
h4: price below your ma, draw trend line.
h1: price below your ma, entry on close of h1 below trend line.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Image1.png Size: 12 KB
Click to Enlarge Name: Image2.png Size: 20 KB
Click to Enlarge Name: Image3.png Size: 13 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #8,288
  • Jan 2, 2019 9:04am Jan 2, 2019 9:04am
usdcad h4 sell.
lost of momentum.
Attached Image
ITB - Seeing Orderliness amongst 'Randomness'
  • #8,289
  • Edited 3:06pm Jan 2, 2019 1:49pm | Edited 3:06pm
Quoting Inthebox
{quote} maybe this perspective. h4: price below your ma, draw trend line. h1: price below your ma, entry on close of h1 below trend line. {image} {image} {image}
Hi yes it's a good scalping technique which I highlighted some posts ago but works well on higher timeframes too!

Interesting that often in a strong trend it's 1,2, 3 candles retrace and bang!
  • #8,290
  • Jan 2, 2019 4:25pm Jan 2, 2019 4:25pm
Quoting ensale
{quote} Thanks to jmitni. it has delievered 10 R.R based on 30 pip risk.. 300 pip move.. has taken 34 days to do it. Personally think will see a pullback before the next move down. EUR/JPY
500 pips plus move done..

Jmitni really should be applauded... many more to come.
It's in fear when people show what they truly value.
  • #8,291
  • Jan 2, 2019 4:34pm Jan 2, 2019 4:34pm
Now USDCAD Short finally? daily swing short potential possible... still needs to set up with other influencing factors to watch
It's in fear when people show what they truly value.
  • #8,292
  • Jan 2, 2019 4:34pm Jan 2, 2019 4:34pm
UJ downtrend is very strong..........though we may get some correction up from 108.40-50 OR 107.80-90
atheer1
  • #8,293
  • Jan 2, 2019 4:36pm Jan 2, 2019 4:36pm
Quoting atheer1
UJ downtrend is very strong..........though we may get some correction up from 108.40-50 OR 107.80-90
hahaaaaaa..........it is just crashing in no time to 2018 Low...........Incredible..........what a nice beginning of the year...........
atheer1
  • #8,294
  • Jan 2, 2019 4:41pm Jan 2, 2019 4:41pm
flash crash/ major UJ
It's in fear when people show what they truly value.
  • #8,295
  • Jan 2, 2019 4:43pm Jan 2, 2019 4:43pm
Quoting atheer1
{quote} hahaaaaaa..........it is just crashing in no time to 2018 Low...........Incredible
For years i've been wanting and waiting for this atheer.
It's in fear when people show what they truly value.
  • #8,296
  • Jan 2, 2019 4:55pm Jan 2, 2019 4:55pm
Would say it due to apple price falling after market close.. as reported by various reporters..

This movement however is dangerous and although expected at some point is happening at an unexpected time.
It's in fear when people show what they truly value.
  • #8,297
  • Jan 2, 2019 5:02pm Jan 2, 2019 5:02pm
gold is a buy at this open.... good 100 pips scalp
It's in fear when people show what they truly value.
  • #8,298
  • Jan 2, 2019 5:05pm Jan 2, 2019 5:05pm
Quoting ensale
flash crash/ major UJ
all Flash/crashes happen at low liquidity times
atheer1
  • #8,299
  • Jan 2, 2019 5:09pm Jan 2, 2019 5:09pm
Quoting atheer1
{quote} all Flash/crashes happen at low liquidity times
yeah have you noticed that..
It's in fear when people show what they truly value.
  • #8,300
  • Jan 2, 2019 5:13pm Jan 2, 2019 5:13pm
I think the price could go to the base .............. Central bank may intervene ...........
atheer1
13 traders viewing now