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THE only Pattern

  • #8,581
  • Jan 21, 2019 8:32am Jan 21, 2019 8:32am
Quoting witowito
I dont like how gj and uj also ej are topping at daily open, i close 90% of uj and waiting for some price action, if they could clear break thru it... i will look for pivot points for buying at pullbacks {image}
Too much negative volatility on GBP pairs today IMHO
  • #8,582
  • Jan 22, 2019 12:09am Jan 22, 2019 12:09am
good old 40 years old. just like forex trading, we do not know how much of blood, sweat and tears. more than 10 years of training for 1 hour of show.
Inserted Video
ITB - Seeing Orderliness amongst 'Randomness'
  • #8,583
  • Jan 22, 2019 1:57am Jan 22, 2019 1:57am
Very interesting how things are starting to look...
Dxy coming to a important supply zone.
Usdcad in a key flip area(h4/d1)
Gbp/usd and Eur/usd also at important points in charts...
Maybe one more fast move to catch people ??
Let see how it unfolds but i am smelling a reversal day most likely.
Usdcad setup and GU are where my eyes are looking at
  • #8,584
  • Jan 22, 2019 3:21am Jan 22, 2019 3:21am
Quoting witowito
Very interesting how things are starting to look... Dxy coming to a important supply zone. Usdcad in a key flip area(h4/d1) Gbp/usd and Eur/usd also at important points in charts... Maybe one more fast move to catch people ?? Let see how it unfolds but i am smelling a reversal day most likely. Usdcad setup and GU are where my eyes are looking at
GU so far so good...
Usdcad looks like want one more leg up... we will see.
There is news coming for GBP so it would be nice it here are ugly numbers and price pull back so we could add to position
  • #8,585
  • Jan 22, 2019 3:38am Jan 22, 2019 3:38am
Quoting witowito
{quote} GU so far so good... Usdcad looks like want one more leg up... we will see. There is news coming for GBP so it would be nice it here are ugly numbers and price pull back so we could add to position
Green numbers so no much pullback...
  • #8,586
  • Jan 22, 2019 5:27am Jan 22, 2019 5:27am
Quoting witowito
{quote} Green numbers so no much pullback...
Hi witowito

Small pullback now but not sure whether it's a good time to get in again. It's usually stop hunt/manipulation time now until US session gets going in 2/3 hours
  • #8,587
  • Edited 6:21am Jan 22, 2019 5:59am | Edited 6:21am
Quoting jmtini
{quote} Hi witowito Small pullback now but not sure whether it's a good time to get in again. It's usually stop hunt/manipulation time now until US session gets going in 2/3 hours
The way it extended up and where it stops...
Nothing clear for me at the time

At least gj...
  • #8,588
  • Jan 22, 2019 6:46am Jan 22, 2019 6:46am
Quoting jmtini
{quote} Hi witowito Small pullback now but not sure whether it's a good time to get in again. It's usually stop hunt/manipulation time now until US session gets going in 2/3 hours
I was looking to long GU around 1.288 more or less but looks like daily open hold it
  • #8,589
  • Jan 22, 2019 6:50am Jan 22, 2019 6:50am
maybe consider ej sell. at own risk as conditions are difficult these 2 days.
ITB - Seeing Orderliness amongst 'Randomness'
  • #8,590
  • Jan 22, 2019 6:55am Jan 22, 2019 6:55am
Quoting Inthebox
maybe consider ej sell. at own risk as conditions are difficult these 2 days.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 101 KB
I woul like to see scenario 1 at US session... nbut could play 2 also if bulls are in charge already... as u said... difficult days for me also
  • #8,591
  • Jan 22, 2019 8:00am Jan 22, 2019 8:00am
Quoting Inthebox
maybe consider ej sell. at own risk as conditions are difficult these 2 days.
1. 2 previous days low broken.
2. retracement did not get back up previous day low.
3. trend line broken.
4. retracement to minor resistance.
5. tp at support.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 26 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #8,592
  • Jan 22, 2019 8:32am Jan 22, 2019 8:32am
Quoting Inthebox
{quote} 1. 2 previous days low broken. 2. retracement did not get back up previous day low. 3. trend line broken. 4. retracement to minor resistance. 5. tp at support. {image}

Dangerous I'm afraid - lower time frame uptrend at the moment
  • #8,593
  • Jan 22, 2019 8:37am Jan 22, 2019 8:37am
Quoting jmtini
{quote} Dangerous I'm afraid - lower time frame uptrend at the moment
profit taken for that particular trade. the rests are be +3.
ITB - Seeing Orderliness amongst 'Randomness'
  • #8,594
  • Jan 22, 2019 4:03pm Jan 22, 2019 4:03pm
Wow GBPAUD was bullish today - looks like we're going to test 1.8500 one more time!

Hoping for retracement back to 18750 area and climb in northwards
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDDaily.png Size: 50 KB
  • #8,595
  • Jan 22, 2019 9:10pm Jan 22, 2019 9:10pm
missed the run, took the crumbs when it paused.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 8 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #8,596
  • Jan 22, 2019 10:36pm Jan 22, 2019 10:36pm
Quoting Inthebox
missed the run, took the crumbs when it paused. {image}
good trade as usual inthebox,
Do you consider going long when it retrace to broken resistance as good entry?
  • #8,597
  • Jan 22, 2019 11:35pm Jan 22, 2019 11:35pm
Quoting phoenix777
{quote} good trade as usual inthebox, Do you consider going long when it retrace to broken resistance as good entry?
1. yesterday high has been broken.
2. retracement to test yesterday high.
3. yesterday high which was resistance turn support if it holds.
4. what is worrisome is the h1 pin bar. h4 may become one also. furthermore double top
ITB - Seeing Orderliness amongst 'Randomness'
  • #8,598
  • Jan 22, 2019 11:42pm Jan 22, 2019 11:42pm
Quoting Inthebox
{quote} 1. yesterday high has been broken. 2. retracement to test yesterday high. 3. yesterday high which was resistance turn support if it holds. 4. what is worrisome is the h1 pin bar. h4 may become one also.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 01-23-19 at 12.41 PM.PNG Size: 42 KB

what i mean is this.
Do you think if i go long at that arrow is still a good entry??
  • #8,599
  • Jan 22, 2019 11:50pm Jan 22, 2019 11:50pm
Quoting phoenix777
{quote} {image} what i mean is this. Do you think if i go long at that arrow is still a good entry??
that was good because waiting for retracement test of resistance turned support.
so now there are 2 possible entries.
1. resistance broken with momentum - speed and size of candle.
2. at support area.
ITB - Seeing Orderliness amongst 'Randomness'
  • #8,600
  • Jan 22, 2019 11:52pm Jan 22, 2019 11:52pm
Quoting Inthebox
{quote} that was good because waiting for retracement test of resistance turned support. so now there are 2 possible entries. 1. resistance broken with momentum - speed and size of candle. 2. at support area.
ok thanks for your explanation, i just want to learn how you determine when you enter at breakout or retracement...
thank you. totally understood..
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