One Pattern Trading by BWForex

I have learnt that there is one pattern that repeats regularly in the market. I am going to stick to trading that pattern only and see how it goes. I have created this thread to post my charts on trades of that particular pattern.

Stop Trying To Be Good At Many Trading Strategies/Patterns, And Focus On Mastering One

Anyone who has ever achieved greatness at anything has likely learned that mastery often comes only through intense focus, repetition and obsession about a particular subject for an extended period of time. However, many people by default are so perpetually distracted by all of the opportunities that we're now fortunate to have that they never become great at anything.

 

1. True mastery can often only be accomplished with laser-focused effort on one particular pattern.

1. The time to stop trying to be good at multiple trading patterns is now. We all have the same number of hours to produce, but how we use that time is what can separate those who are good from those who are great.

It looks like every time the price retouch the PINK box on the chart it drops. Pink box only happens for shorts trades, it means that I am going to specialize in SELL TRADES only even if anyone can tell me and show me a nice buy setup I am not going to take it because I am not a buy specialist and I haven't mastered buys patterns. I have mastered SELL pattern only.

Attached charts to prove my point.

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GBPAUD entered the PINK zone ready for sells

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USDJPY is retesting the PINK zone on 30 minutes, 4Hours, Daily and Weekly, that MTF confirms strong signal, sells loaded

USDCHF entered the PINK zone on M30, H1 and H4 ready for sells

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GOLD at weekly UPTrendline built some buys there

Added Buys at Supply and Demand Daily Chart, Still Trading One Pattern now adding Buys at Blue Zone

Looks like supply and demand trading which works great. Good luck.

Check out my last journal for similar trades

I will check it out mate

EURGBP Sell in H1 touched PINK zone, trading along with the trend

GBPNZD nice Sell scalps there M30 PINK zone being retested along the Trend

You see how I entered my Entries basing on the direction of HULL Moving average that I use as a Trend Indicator, the Demand was formed on H1 and the next candle I Entered, this way I am avoiding draw downs, This will be very critical on my FTMO challenge that I will start soon. I will eventually share this system and the indicators here. I will see whether the price will blow through the PINK Zone if not then I dont have a problem because my position are on break even, it will be lesson for next trades, my main goal is how to beat FTMO challenge

But looking at the H4 and D1 it looks like we still have energy of going up as we have small Demand area on H4 and very Big DOUBLE one on D1, I will just observe

Trend is your friend. You seem to be against him and at some point you have a good chance of running out of money, he won't care about you. If you put the trades exactly the opposite, you have great chances to succeed.

I will pay attention to that mate. Thank you

Trying some small shorts on GOLD because my system rules are all met on H4