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Railway tracks and other reversal and continuation patterns

  • #61
  • Mar 12, 2019 7:01pm Mar 12, 2019 7:01pm
its awesome Hidra, I am looking for live patterns, amazing the eagle eye you have, I loved the evening star, and absolutely loved the AUDUSD 4hrs if you check it again right now it is already going down fast, I am starting to get the profit target as the support or resistance or confluence level, those 1 to 2 risk rewards are great, thank you my dear.
  • #62
  • Mar 12, 2019 7:13pm Mar 12, 2019 7:13pm
Quoting blanca
its awesome Hidra, I am looking for live patterns, amazing the eagle eye you have, I loved the evening star, and absolutely loved the AUDUSD 4hrs if you check it again right now it is already going down fast, I am starting to get the profit target as the support or resistance or confluence level, those 1 to 2 risk rewards are great, thank you my dear.
No problem. Just trade with caution or trade with demo.
  • #63
  • Mar 12, 2019 7:57pm Mar 12, 2019 7:57pm
Looks like Nzdjpy might go down for a bit.

If you were long before its time to close profits.
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  • #64
  • Mar 12, 2019 8:02pm Mar 12, 2019 8:02pm
All the GBP pairs have this daily candle shape.

I dunno what it means. Normally it should mean bearish move but after the brexit vote shouldnt the GBP have strength?
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  • #65
  • Mar 12, 2019 8:12pm Mar 12, 2019 8:12pm
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  • #66
  • Mar 12, 2019 8:15pm Mar 12, 2019 8:15pm
I was bit late spotting the NZD down movements. Although I was short NzdCAd from before.
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  • #67
  • Mar 12, 2019 8:21pm Mar 12, 2019 8:21pm
Two railway tracks EURUSD 4hrs one sell and one buy both have good confirmation candles.
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  • #68
  • Mar 12, 2019 8:23pm Mar 12, 2019 8:23pm
Again spotted this late. but still good R.R. almost 1:2 more if you willing to be risky.

Notice that this was a beautiful pinbar.
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  • #69
  • Mar 12, 2019 8:25pm Mar 12, 2019 8:25pm
Quoting blanca
Two railway tracks EURUSD 4hrs one sell and one buy both have good confirmation candles. {image}
good spotting. I have never been lucky with EURUSD for some reason.
  • #70
  • Mar 12, 2019 8:32pm Mar 12, 2019 8:32pm
Be careful with this one. Daily has big bodied bearish pinbar. But 4hr shows signs of up movement.

gbp is suppose to have strength.
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  • #71
  • Mar 12, 2019 8:43pm Mar 12, 2019 8:43pm
Quoting hibra68
Again spotted this late. but still good R.R. almost 1:2 more if you willing to be risky. Notice that this was a beautiful pinbar. {image}

What I really like about your examples are that the targets located in the supports and resistances levels make possible to get a risk reward of 1 to 2 and in most cases a sure 1 to 1, thank you Hibra.
  • #72
  • Mar 12, 2019 8:47pm Mar 12, 2019 8:47pm
Quoting blanca
{quote} What I really like about your examples are that the targets located in the supports and resistances levels make possible to get a risk reward of 1 to 2 and in most cases a sure 1 to 1, thank you Hibra.
  • #73
  • Mar 12, 2019 9:14pm Mar 12, 2019 9:14pm
If your trades are in good profit dont wait till it hits TP. Bring your SL to breakeven + . Unlike some people I dont know exactly where price will go, .
Probably a lot of the trades will comeback and hit sl+breakeven. But who cares at least you wont lose money and there is always another oppurtunity.

Good night and good luck.
  • #74
  • Mar 12, 2019 9:37pm Mar 12, 2019 9:37pm
Not sure if this is a pattern, still learning to spot them, but lets see your opinion, it is USDCAD daily a sell, target next level, thank you
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  • #75
  • Mar 12, 2019 10:26pm Mar 12, 2019 10:26pm
and this one, is this a reversal pattern? USDCHF 4hrrs
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  • #76
  • Mar 12, 2019 10:30pm Mar 12, 2019 10:30pm
Quoting blanca
Not sure if this is a pattern, still learning to spot them, but lets see your opinion, it is USDCAD daily a sell, target next level, thank you {image}
I was already short on this pair.

I think its time to close or bring to sl+
  • #77
  • Mar 12, 2019 10:31pm Mar 12, 2019 10:31pm
There is a big wick 4hr hour bar than a bullish bar forming. Possible upside move
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  • #78
  • Mar 12, 2019 10:32pm Mar 12, 2019 10:32pm
This one I was short already either close with profit or bring to breakeven +

The price coming down to Head and shoulder patterns right shoulder. It might move up from here.
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  • #79
  • Mar 12, 2019 10:35pm Mar 12, 2019 10:35pm
two trades i did yesterday. i am more of a intraday trader so not sure if this suits you guys.
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  • #80
  • Mar 13, 2019 12:42am Mar 13, 2019 12:42am
Quoting CrocodileRex
two trades i did yesterday. i am more of a intraday trader so not sure if this suits you guys. {image} {image}

Awesome Crocodile, its refreshing to see intraday patterns working so fine, keep posting my dear.
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