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  • Post #9,701
  • Quote
  • Feb 15, 2022 12:41pm Feb 15, 2022 12:41pm
  •  Mr.Burger
  • Joined Jul 2021 | Status: 2022 target achieved! | 1,036 Posts
Quoting Mr.Burger
Disliked
{quote} GU, more high more discount for me cut and re-entry for a better level SL -30p {image}
Ignored
GU, still in play --- medium to long-term journey

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Daddy, Brother, Lover, Little Boy
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  • Post #9,702
  • Quote
  • Feb 15, 2022 12:56pm Feb 15, 2022 12:56pm
  •  Tronis
  • Joined Dec 2014 | Status: Member | 406 Posts | Online Now
Quoting Mr.Burger
Disliked
{quote} GU, still in play --- medium to long-term journey {image}
Ignored
Good luck! I've closed all my short positions, GU bank traders are playing games with us. Maybe it will do a liquidity run back up again, I will wait and take short then again.
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  • Post #9,703
  • Quote
  • Feb 15, 2022 1:05pm Feb 15, 2022 1:05pm
  •  Mr.Burger
  • Joined Jul 2021 | Status: 2022 target achieved! | 1,036 Posts
Quoting Tronis
Disliked
{quote} Good luck! I've closed all my short positions, GU bank traders are playing games with us. Maybe it will do a liquidity run back up again, I will wait and take short then again.
Ignored
thanks mate, I hold position for my swing account on this one, bearish will start soon if fails going up to 3575 --- hold on
Daddy, Brother, Lover, Little Boy
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  • Post #9,704
  • Quote
  • Feb 15, 2022 1:16pm Feb 15, 2022 1:16pm
  •  gkeidima
  • | Joined Jan 2022 | Status: Member | 49 Posts
Hello Guys,
Buy setup on GBPUSD
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  • Post #9,705
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  • Feb 15, 2022 7:32pm Feb 15, 2022 7:32pm
  •  MatDerKater
  • | Membership Revoked | Joined Jan 2021 | 250 Posts
Quoting Passenger12
Disliked
{quote} Hi Pat, i wanna ask about the fibbonanci, are you changing/adjust the level daily or according to new high or low? or depend on what? and what TF do you think the most accurate probability? thank's greep pips to you
Ignored
If I may offer my tuppence worth on Fib levels....

.....they 'work', when the trade location is well chose based on a bunch of other factors, and just so happen to align with key market structure and levels.....in which case, you would be as well just basing your entries and TP's on key market structure and levels....especially if you miss a wagon load of good entries cos u insist in sitting on some dumb fib level instead of placing your entry where your entry needs to be, like I do.

WITH THAT SAID....Often when trading pivots/reversals if your logical SL is going to get RINSED only for the market to then whizz off in your direction, the market will usually stall out somewhere in between 100%-114%, with 114% being a common harmonic pattern ratio. So for placing SL on on a pivot trade, I put it somewhere behind the 114% level.....123% to be precise, and the majority of the times that price is going to dickfuck the logical structure SL, and then run on and hit your target, then the 123% level will keep your SL well out of the way of all MM shenanigans and algo dickfuckery....Naturally, having such a wide berth for the SL cuts down the RR by a lot.....and there is also the danger that you end up just looking to leave your trade with a small profit if/when the logical SL gets run out...like I do, all the fkn time.
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  • Post #9,706
  • Quote
  • Feb 15, 2022 9:12pm Feb 15, 2022 9:12pm
  •  BigNumbers
  • Joined Jul 2021 | Status: AGAINST ALL ODDS | 1,697 Posts
GBPUSD LONG
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If it was easy... Everyone would do it!
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  • Post #9,707
  • Quote
  • Feb 15, 2022 9:18pm Feb 15, 2022 9:18pm
  •  kris89
  • Joined Mar 2021 | Status: Crazy Frog | 3,775 Posts
Quoting Mr.Burger
Disliked
{quote} thanks mate, I hold position for my swing account on this one, bearish will start soon if fails going up to 3575 --- hold on
Ignored
until that breaking scenario, will taken all up and down possible on TL line that good about 50pip range
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
1
 
  • Post #9,708
  • Quote
  • Edited 10:29pm Feb 15, 2022 9:24pm | Edited 10:29pm
  •  mrluckystar
  • Joined May 2011 | Status: Balance sh*t | 2,062 Posts
EJ mapping..
blue line- SRF
pink line - QM and MPL

Selling to retest QM level and then buy..

big player will like this level to trap retail tarder at current level.. SL standby... peace yoo..
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Peace Yo!
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  • Post #9,709
  • Quote
  • Feb 16, 2022 12:08am Feb 16, 2022 12:08am
  •  mrluckystar
  • Joined May 2011 | Status: Balance sh*t | 2,062 Posts
UJ sell @ QML retest..
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Peace Yo!
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  • Post #9,710
  • Quote
  • Feb 16, 2022 12:41am Feb 16, 2022 12:41am
  •  R.y
  • | Commercial Member | Joined Aug 2014 | 246 Posts
GBP/USD
BUY
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Seek knowledge and adorn it with patience and respect; moreover, be humble
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  • Post #9,711
  • Quote
  • Feb 16, 2022 12:44am Feb 16, 2022 12:44am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Super Newbie | 11,378 Posts
Quoting Pat Chiko
Disliked
{quote} GU Take out some out, {image}
Ignored

GU

Still in ranging BOX.

Scalping games continues until, break out ( either side).

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I come from the future.
 
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  • Post #9,712
  • Quote
  • Feb 16, 2022 12:51am Feb 16, 2022 12:51am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Super Newbie | 11,378 Posts
Quoting Pat Chiko
Disliked
GJ Scalping long Price passed Daily SRF {image}
Ignored

GJ

CPLQ in progress .

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I come from the future.
 
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  • Post #9,713
  • Quote
  • Edited 1:25am Feb 16, 2022 1:05am | Edited 1:25am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Super Newbie | 11,378 Posts
Missed Trade

Is it TRUE that losing shouldn't really ever scare you ?
Missing opportunities hurts more ?

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I come from the future.
 
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  • Post #9,714
  • Quote
  • Feb 16, 2022 1:25am Feb 16, 2022 1:25am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Super Newbie | 11,378 Posts
Quoting mrluckystar
Disliked
UJ sell @ QML retest.. {image}
Ignored
Hi Lucky

May see RT at LO.

Liquid above yet to get filled.

RT for H4 SRF zone.
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I come from the future.
 
3
  • Post #9,715
  • Quote
  • Feb 16, 2022 1:31am Feb 16, 2022 1:31am
  •  mrluckystar
  • Joined May 2011 | Status: Balance sh*t | 2,062 Posts
Quoting Pat Chiko
Disliked
{quote} Hi Kien, May see RT at LO. Liquid above yet to get filled. RT for H4 SRF zone. {image} {image}
Ignored
Pat, thanks for the head up on UJ.. will reduce risk by moving SL..

thanks bro..

btw, how you define liquidity in chart.. thanks in advance..
Peace Yo!
1
 
  • Post #9,716
  • Quote
  • Feb 16, 2022 1:42am Feb 16, 2022 1:42am
  •  Mitiblotch
  • Joined Sep 2017 | Status: Member | 7,263 Posts
Looked again at the daily chart and bulls gave besrs upper cut yesterday with that come back. Then I looked at sentiment analysis: 43% buyers vs 57% sellers. Usually the herd will get hurt. Then I looked at the chart and since there was a liquidity grab below yesterday with immediate "hot stove" effect (that is the quick reaction from off the bottom yesterday) I have decided to go long. I wanted a better price, but there is strong enough reason for an upward move.

Chart from mobile.
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https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
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  • Post #9,717
  • Quote
  • Feb 16, 2022 1:59am Feb 16, 2022 1:59am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Super Newbie | 11,378 Posts
Quoting mrluckystar
Disliked
{quote} Pat, thanks for the head up on UJ.. will reduce risk by moving SL.. thanks bro.. btw, how you define liquidity in chart.. thanks in advance..
Ignored
I've put it earlier in this post and subsequent that follows it.

Check it out

Liquidity
I come from the future.
 
2
  • Post #9,718
  • Quote
  • Feb 16, 2022 2:06am Feb 16, 2022 2:06am
  •  Reza78
  • | Joined Aug 2018 | Status: Member | 78 Posts
Hello Mr Pat

I have pdf file about abbreviation that you use ....but it doesnt include some of your abbreviations like LO ..BO....
Could you please share a complete pdf file or source ??
Thanks a lot
1
 
  • Post #9,719
  • Quote
  • Feb 16, 2022 2:06am Feb 16, 2022 2:06am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Super Newbie | 11,378 Posts
Quoting Pat Chiko
Disliked
{quote} GJ CPLQ in progress . {image}
Ignored
GJ

TP 1 Partial close for LO.

To move Stop position.

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I come from the future.
 
 
  • Post #9,720
  • Quote
  • Feb 16, 2022 2:07am Feb 16, 2022 2:07am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Super Newbie | 11,378 Posts
Quoting Reza78
Disliked
Hello Mr Pat I have pdf file about abbreviation that you use ....but it doesnt include some of your abbreviations like LO ..BO.... Could you please share a complete pdf file or source ?? Thanks a lot
Ignored
LO = London Open.

BO = Break Out
I come from the future.
 
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