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EURUSD

  • #1,167,741
  • Apr 29, 2020 12:07am Apr 29, 2020 12:07am
finally a breakout to 1.09
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 31 KB
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  • #1,167,742
  • Apr 29, 2020 12:16am Apr 29, 2020 12:16am
Quoting PatienceFx
finally a breakout to 1.09 {image}
h&s in the making?
  • #1,167,743
  • Apr 29, 2020 12:19am Apr 29, 2020 12:19am
Quoting gatenio
{quote} h&s in the making?
I have read probability of success is 55% for h&s

You play it?
COT: The precious data ignored
  • #1,167,744
  • Apr 29, 2020 12:21am Apr 29, 2020 12:21am
Quoting kuroro001
{quote} I have read probability of success is 55% for h&s You play it?
i didnt say it going to drop after the h&s but i think of drop to end this pattern.
anyway i think your data is wrong is higher then 55%
  • #1,167,745
  • Apr 29, 2020 12:21am Apr 29, 2020 12:21am
Just shorted at 1.08 62 with SL at 89 = a risky one.....
  • #1,167,746
  • Apr 29, 2020 12:23am Apr 29, 2020 12:23am
Quoting gatenio
{quote} i didnt say it going to drop after the h&s but i think of drop to end this pattern. anyway i think your data is wrong is higher then 55%
Statistical studies...and i would say its lower than that, as its a retail thing.

But so be it
COT: The precious data ignored
  • #1,167,747
  • Apr 29, 2020 12:24am Apr 29, 2020 12:24am
Quoting kuroro001
{quote} I have read probability of success is 55% for h&s You play it?
first search on google gave me 83-85%
but well, lets close on the middle,
  • #1,167,748
  • Apr 29, 2020 12:27am Apr 29, 2020 12:27am
Quoting gatenio
{quote} first search on google gave me 83-85% but well, lets close on the middle,
I have seen this 85%...totally fake, we'd only trade h&s on every tf and be filthy rich

Deal lets do that ! But i don't trade pattern, i'll leave it to you

Good luck
COT: The precious data ignored
  • #1,167,749
  • Apr 29, 2020 12:27am Apr 29, 2020 12:27am
Quoting kuroro001
{quote} I have seen this 85%...totally fake, we'd only trade h&s on every tf and be filthy rich Deal lets do that ! But i don't trade pattern, i'll leave it to you Good luck
fine by me,
even no hermonic patterns?
  • #1,167,750
  • Apr 29, 2020 12:34am Apr 29, 2020 12:34am
Quoting gatenio
{quote} fine by me, even no hermonic patterns?
Nothing at all, its not for me.

COT + pure PA on specific levels.

If i start to get lost in all kind of trading system, i'll be lost forever

You ?
COT: The precious data ignored
  • #1,167,751
  • Apr 29, 2020 12:44am Apr 29, 2020 12:44am
Quoting kuroro001
{quote} Nothing at all, its not for me. COT + pure PA on specific levels. If i start to get lost in all kind of trading system, i'll be lost forever You ?
i dont have a clue how to find all this patterns, but i read some in forex factorys thread and it seems like it work.
im using 2 things only, ichimoku and rsi/macd for divergence.
i trade what i see, i dont think that im a prophet
  • #1,167,752
  • Apr 29, 2020 12:51am Apr 29, 2020 12:51am
Quoting kuroro001
{quote} Nothing at all, its not for me. COT + pure PA on specific levels. If i start to get lost in all kind of trading system, i'll be lost forever You ?
I have seen people lost. In their quest to create grail indicators
99.9% persistence
  • #1,167,753
  • Apr 29, 2020 12:51am Apr 29, 2020 12:51am
Quoting gatenio
{quote} i dont have a clue how to find all this patterns, but i read some in forex factorys thread and it seems like it work. im using 2 things only, ichimoku and rsi/macd for divergence. i trade what i see, i dont think that im a prophet
Patterns are hard as they need to be well spotted, hence most are failing to spot the right patterns. The one doing it right are very profitables

Divergences work very good, i use it too
COT: The precious data ignored
  • #1,167,754
  • Apr 29, 2020 12:52am Apr 29, 2020 12:52am
Quoting zuluremys
{quote} I have seen people lost. In their quest to create grail indicators
The holy grail is that there is no holy grail, its in your head

And i can feel them, in the past i was lost like that haha
COT: The precious data ignored
  • #1,167,755
  • Apr 29, 2020 1:01am Apr 29, 2020 1:01am
Quoting PatienceFx
finally a breakout to 1.09 {image}
reaching W_R1 or 1.09 completes ADR

so placing a short entry at 1.09 for return jouney
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 40 KB
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  • #1,167,756
  • Apr 29, 2020 1:11am Apr 29, 2020 1:11am
The price action looks strong, lets see if, it can take the top.

Patterns need study, the H&S's right soulder pattern for a bearish market should look down not up for a better winning percentage and again it should break the support first.
Looking for profitable short term trades ...|
  • #1,167,757
  • Apr 29, 2020 1:43am Apr 29, 2020 1:43am
To all the gossipers and haters. You know who you are. The reason I stopped posting here a long time ago and certainly my last post here.

I leave you with a present.

Cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_488.png Size: 101 KB
Trade to trade another day
  • #1,167,758
  • Apr 29, 2020 1:54am Apr 29, 2020 1:54am
Quoting Wavegarrick
To all the gossipers and haters. You know who you are. The reason I stopped posting here a long time ago and certainly my last post here. I leave you with a present. Cheers. {image}
pyramiding is too risky ; how do you manage it ?
do not follow me 99.9999999% of times, rest you can lol
  • #1,167,759
  • Apr 29, 2020 2:00am Apr 29, 2020 2:00am
Last bearish barrier, 1,0883 then its full bulls
COT: The precious data ignored
  • #1,167,760
  • Apr 29, 2020 2:01am Apr 29, 2020 2:01am
1.09 will be a tough nut

although i was expecting atleast 970 to complete 61.8% weekly range and this chart feels that target will be a tough nut

chances are price may reverse closer to 1.09 dropping below week open to W_S1 to complete the job

so be on the look out if that happens

thanks wavegarrick for this idea , you are a gem
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 40 KB
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