Up and under price pattern | Page 102 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Price pattern scanner where I choose the pattern 4 replies

Price Pattern Notifications/Trend Alert Price Action Scanner 7 replies

Price Action and Chart Pattern Trading 5 replies

Am i under under-capitalized? 6 replies

Price action pattern, and random thoughts 6 replies

Attachments: Up and under price pattern
Exit Attachments

Up and under price pattern

  • #2,021
  • Mar 13, 2019 2:05pm Mar 13, 2019 2:05pm
Ok. I just have to say that this was a really informative thread. I am learning so much. :-D
  • #2,022
  • Mar 13, 2019 8:38pm Mar 13, 2019 8:38pm
Quoting Dariusfxlife
SPX short {image}
What I think

Attached Image (click to enlarge)
Click to Enlarge Name: SPX short 13-03.png Size: 246 KB
Entities should not be multiplied without necessity - Occam's razor
  • #2,023
  • Mar 14, 2019 1:29am Mar 14, 2019 1:29am
Quoting Frosty85
{quote} What I think {image}
Could you elaborate on that more please? I am quite new with this strategy, so not really sure what 'DM' means, neither what is the clue lol?

Thanks!

P.s. You were right, it squeezed me out, and the worst thing I still am not sure why!
  • #2,024
  • Mar 14, 2019 6:56am Mar 14, 2019 6:56am
Quoting Frosty85
{quote} What I think {image}
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2019-03-14 at 7.56.24 pm.png Size: 64 KB
  • #2,025
  • Mar 14, 2019 10:53am Mar 14, 2019 10:53am
GBPJPY
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY_140319.png Size: 62 KB
aka Liquinvest
  • #2,026
  • Mar 14, 2019 2:41pm Mar 14, 2019 2:41pm
Quoting Dariusfxlife
{quote} Hi there. Is there a reason why you look only at those specific pairs for intraday trades? Thanks!
hey mate sorry for late reply wasnt around here some time :-)

I pick this majors due to lower spread and more action ( most traded forex pairs ) and for tf lower than1h you need to check the chart more regulary ...would be stressful ...thats the simple reason :-)
May the Sheen be with you....
  • #2,027
  • Mar 14, 2019 2:46pm Mar 14, 2019 2:46pm
Quoting Dariusfxlife
Any of you guys daytrading this full time? I wonder how do you keep up with all the markets when you are playing LTF (5-15m). Alerts can help, but still...You have to track and wait for price action to play out, which for one person could be quite overwhelming. Any input is appreciated.

keeping track is not that hard .... when iam home and trading lower tf i have my 3 pairs i need to check ..... when i know iam on the road or away i can check h1 chart in the moring set my orders if i see a set up and done ( i always check for HTF set ups in the morning or around london open / around NY Open and again in the evening or before daily close ) ..same for higher tf trading the QM pattern ..for daily you just need to check once a day ;-) very stress free
:-)
May the Sheen be with you....
  • #2,028
  • Mar 14, 2019 10:47pm Mar 14, 2019 10:47pm
Gold//
Attached Image (click to enlarge)
Click to Enlarge Name: gold1.png Size: 105 KB
  • #2,029
  • Mar 15, 2019 2:13pm Mar 15, 2019 2:13pm
Quoting Trueman23
{quote} keeping track is not that hard .... when iam home and trading lower tf i have my 3 pairs i need to check ..... when i know iam on the road or away i can check h1 chart in the moring set my orders if i see a set up and done ( i always check for HTF set ups in the morning or around london open / around NY Open and again in the evening or before daily close ) ..same for higher tf trading the QM pattern ..for daily you just need to check once a day ;-) very stress free :-)
Thank you for the reply! It makes sense!

BTW, I think I saw you on the FXCyborg discord if that's you? lol How do you find that strat? Any good?

Cheers!
  • #2,030
  • Mar 15, 2019 8:35pm Mar 15, 2019 8:35pm
trying to add this method as an extra confirmation or filter for my lovely QM when entering per market order ... its a veeery interesting thing i think
May the Sheen be with you....
  • #2,031
  • Mar 17, 2019 12:32am Mar 17, 2019 12:32am
why i cant draw demand and suply with this color levels indicator?
  • #2,032
  • Mar 17, 2019 6:40am Mar 17, 2019 6:40am
Quoting T4Trade
why i cant draw demand and suply with this color levels indicator?
mhh maybe you are not a picasso.... ;-) ^^ ^^

just kidding ;-)


sorry dont understand your question to be honest? if u mean why not use an indicator to draw levels to trade of then i need to answer i prefere to draw that by hand ...
but just check it out and compare it to your own drawings if its a match why not using it ....but a level draw indicator for S/R or S/d is nothing for me ;-)

hope i got you right
May the Sheen be with you....
  • #2,033
  • Mar 17, 2019 9:55am Mar 17, 2019 9:55am
Quoting Trueman23
{quote} mhh maybe you are not a picasso.... ;-) ^^ ^^ just kidding ;-) sorry dont understand your question to be honest? if u mean why not use an indicator to draw levels to trade of then i need to answer i prefere to draw that by hand ... but just check it out and compare it to your own drawings if its a match why not using it ....but a level draw indicator for S/R or S/d is nothing for me ;-) hope i got you right
i meant that this indicator is not working on my chart,it doesnt draw levels.
  • #2,034
  • Mar 17, 2019 12:16pm Mar 17, 2019 12:16pm
ah ok i see :-)
but i dont use an indicator to draw levels i do it myself
May the Sheen be with you....
  • #2,035
  • Mar 19, 2019 9:38am Mar 19, 2019 9:38am
picture speaks a 1000 words
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADiH4.png Size: 73 KB
  • #2,036
  • Mar 19, 2019 10:08am Mar 19, 2019 10:08am
Pending buy missed by 10
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCHFiM15.png Size: 63 KB
  • #2,037
  • Mar 19, 2019 12:35pm Mar 19, 2019 12:35pm
Nj was good but i exited too early. Still in euraud for now (should be a trade that lasts until tomorrow at least).
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 80 KB
Click to Enlarge Name: Capture1.PNG Size: 68 KB
  • #2,038
  • Mar 19, 2019 7:31pm Mar 19, 2019 7:31pm
Super tight entry,, pulled off less that 10 SL...Better to be lucky than smart .......
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDiM30.png Size: 71 KB
  • #2,039
  • Mar 19, 2019 7:35pm Mar 19, 2019 7:35pm
Possible fail...
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYiH1.png Size: 58 KB
  • #2,040
  • Mar 19, 2019 7:47pm Mar 19, 2019 7:47pm
Ok... All you expert traders out there...Question?

QM entries can be extremely precise..That being said:

Do you set a fixed 10-15 stop on all TFs lets say from 5 min to 4hr charts

Or do you set your stop over the last S/R? Which can be from 25-50 pips depending on TF?

I'm sure its a mixed bag.. but I just have to get some feedback


Thanks!
5 traders viewing now