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V Pattern (Enjoy Your Sell)

  • #121
  • Apr 4, 2022 12:16pm Apr 4, 2022 12:16pm
Quoting gerval
{quote} Okay, It is entering the AUDUSD zone. A wick takes it for good, or is it ideal for it to close a candle within the area before step 3, to avoid false breakouts and greater confirmation?
If this wick breakout bar
we should Waite to close below to confirm tha 3

ans we sell on daily will be mor attractive to trade
because at 4H not so profitable seeing the R:R

and also we must wait to close below the 4H break out bar

cheers
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ENJOY YOUR TRADE
  • #122
  • Apr 4, 2022 12:20pm Apr 4, 2022 12:20pm
Quoting TheZenienss
{quote} That's a good question !!!! I also never know if we need to wait for the candle to close to confirm or just touching the levels is enough!!!! I've seen both methods.... so it's not clear =(
Doesn’t matter my friend we should wait
to close below the BOBar
on Daily
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ENJOY YOUR TRADE
  • #123
  • Apr 4, 2022 12:31pm Apr 4, 2022 12:31pm
Quoting Emma7788-FAN
SILVER DAILY {image}

Look at this Silver
Mon daily we need a big profit to make pay our bills and life costs
scalping is good for pay weekends dinners & Spa for recharge power

But the real object is screen less and more money safely
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ENJOY YOUR TRADE
  • #124
  • Apr 4, 2022 2:10pm Apr 4, 2022 2:10pm
Thanks for the clarification.
In m1 we would have already gotten a few R:R.
waiting on higher TF.
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  • #125
  • Apr 4, 2022 2:16pm Apr 4, 2022 2:16pm
Quoting gerval
Thanks for the clarification. In m1 we would have already gotten a few R:R. waiting on higher TF. {image}

DONīT FORCE DONīT PUSH

TAKE IT EASY AND FOLLOW RULES
FOR SURE YOU CANB TRADE 1 MIN BUT TARGET 1 MIN

MARKET CAN DO WHAT EVER ITS WANT WE RESPECT MARKET AND ITS RULES

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TAKE CARE CUIDATE AMIGO MIO
ENJOY YOUR TRADE
  • #126
  • Apr 4, 2022 5:10pm Apr 4, 2022 5:10pm
Hey guys hope all is well.

My bias on EUR/USD still remains bearish, and here's why:
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Many times market rejected Old Daily highs where stops resided.
I'm anticipating that the market will do the same now.
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Stops at break even. Partials taken. Waiting for another opportunity to enter again.

All the best,
Kimosaby
  • #127
  • Apr 4, 2022 8:34pm Apr 4, 2022 8:34pm
What many don't understand or know is that from a Price Action point of view a pattern is a signal (or a sign) and that you must still know and understand the Context. If you follow the signal against the Context or background then you will get more losses than wins. Many of us (retail traders) tend to focus more on the Signal and we pay less attention on the Context (the bigger picture).

From an ICT point of view this is nothing new - they are simply taking out the buy stops (and sometimes price goes for the Order Block and/or Fair Value Gap). From a Wyckoff and VSA point of view it might be called an Up-Thrust.

You can look at ICT's work to get a better understanding of this action. I think the late Tom Williams also explains it better in his early book editions (Master the Markets). You will also notice that Steve Mauro (beat the market maker) also touches more on this action by the market maker(s).

Does this V-Pattern work? The answer is Yes, if you get the Context right.

Have a look at Bilal's thread and see if you can pick up something similar... https://www.forexfactory.com/thread/...-action-system
This might help you to look for more confirmations.

Emma's improvisation might be point #3 - which is part of the signal.

One of the key points is that at point #1 they must have fooled some to take the short position and then after they take their stops while at the same time they activate the breakout traders' orders (false breakout) - sending them to the wrong side of the trade (killing 2 birds with one stone). The reverse side is also applicable.
  • #128
  • Apr 4, 2022 8:35pm Apr 4, 2022 8:35pm
NZDUSD BUY on 1 minute timeframe ?

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  • #129
  • Apr 4, 2022 8:44pm Apr 4, 2022 8:44pm
Quoting Smmtrader
NZDUSD BUY on 1 minute timeframe ? {image}
The trade is going in the right direction:

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  • #130
  • Apr 4, 2022 8:49pm Apr 4, 2022 8:49pm
USDJPY BUY on M15?

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  • #131
  • Apr 4, 2022 9:07pm Apr 4, 2022 9:07pm
Quoting Smmtrader
{quote} The trade is going in the right direction: {image}
NZDUSD BUY on 1 minute reached TP

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Simple and effective system. Congratulations and thank you - Emma7788-FAN for starting a wonderful thread.
  • #132
  • Apr 4, 2022 10:30pm Apr 4, 2022 10:30pm
Can this be explained a bit more?

thanks!!

Quoting Emma7788-FAN
{quote} {image} I HOPE THAT IS CLEAR
https://www.forexfactory.com/attachm...5&d=1648632375
  • #133
  • Apr 5, 2022 12:47am Apr 5, 2022 12:47am
Quoting Emma7788-FAN
{quote} DONīT FORCE DONīT PUSH TAKE IT EASY AND FOLLOW RULES FOR SURE YOU CANB TRADE 1 MIN BUT TARGET 1 MIN MARKET CAN DO WHAT EVER ITS WANT WE RESPECT MARKET AND ITS RULES {image}TAKE CARE CUIDATE AMIGO MIO


THAT WHAT I MEAN
YOU WILL NEVER CONTROL WHAT WILL HAPPEN
MARKET IS THE KING
GIVE US ORDER
WHEN TO BUY & WHEN TO SELL
THE BREAKOUT BAR SHOULD BE BROKEN ITS LOW
BY CLOSING DOWN OF IT TO CONFIRM US THAT MARKET IS TURNING DOWN
DONīT EXPECT JUST TRADE WHAT U C.

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ENJOY YOUR TRADE
  • #134
  • Apr 5, 2022 1:39am Apr 5, 2022 1:39am
Quoting Emma7788-FAN
{quote} THAT WHAT I MEAN YOU WILL NEVER CONTROL WHAT WILL HAPPEN MARKET IS THE KING GIVE US ORDER WHEN TO BUY & WHEN TO SELL THE BREAKOUT BAR SHOULD BE BROKEN ITS LOW BY CLOSING DOWN OF IT TO CONFIRM US THAT MARKET IS TURNING DOWN DONīT EXPECT JUST TRADE WHAT U C. {image}
Yep, that was a news item there caused that one.
  • #135
  • Apr 5, 2022 2:22am Apr 5, 2022 2:22am
Quoting Profitgrowth
{quote} Yep, that was a news item there caused that one.
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YOU CAN CALL IT NEWS / WAR /VOLCANO / EARTHQUAKE , CENTRAL BANK ANNOUNCEMENT , OR NEWS OR CALL IT WHAT YOU WANT BUT THIS NOT OUR JOB

FOLLOW THE RULE
ENJOY YOUR TRADE
  • #136
  • Apr 5, 2022 2:23am Apr 5, 2022 2:23am
Quoting smmtrader
{quote} nzdusd buy on 1 minute reached tp {image} simple and effective system. Congratulations and thank you - emma7788-fan for starting a wonderful thread.
enjoy your buy my friend aloha
ENJOY YOUR TRADE
  • #137
  • Apr 5, 2022 2:46am Apr 5, 2022 2:46am
Quoting Emma7788-FAN
{quote} {image} YOU CAN CALL IT NEWS / WAR /VOLCANO / EARTHQUAKE , CENTRAL BANK ANNOUNCEMENT , OR NEWS OR CALL IT WHAT YOU WANT BUT THIS NOT OUR JOB FOLLOW THE RULE
Yes, thanks for that, the news is just setting it up ready for the sell to play out.
  • #138
  • Apr 5, 2022 3:10am Apr 5, 2022 3:10am
Quoting Emma7788-FAN
{quote} enjoy your buy my friend aloha
Good morning Emma7788, the more i see profitable trading images in this thread, the more i fall in love with this forum , i want to be carried along too and also want to imbibe this trading pattern of less stress. Please can you tell where to start from in order to understand this trading strategy executed in this forum. however, if there is any forum you can refer to start understanding the strategy from scratch, i wouldn't mind. Thank you. I await your response patiently.
  • #139
  • Apr 5, 2022 4:13am Apr 5, 2022 4:13am
Quoting Hazeem
{quote} Good morning Emma7788, the more i see profitable trading images in this thread, the more i fall in love with this forum , i want to be carried along too and also want to imbibe this trading pattern of less stress. Please can you tell where to start from in order to understand this trading strategy executed in this forum. however, if there is any forum you can refer to start understanding the strategy from scratch, i wouldn't mind. Thank you. I await your response patiently.
DEAR MR HAZEEM

STRAT AND SAY AFTER ME
I AM LOOKING FOR NEXT
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1 V PATTERN FORMED
2 Break Out bar (mark the low) red line
3 WAIT 4 Confirmation BAR CLOSING BELOW to sell AFTER CLOSE
4 Enjoy Your sell
after 1:1 close 50% AND KEEP SL AT SAME PLACE
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ENJOY YOUR TRADE
  • #140
  • Apr 5, 2022 4:36am Apr 5, 2022 4:36am
Quoting Emma7788-FAN
{quote} DEAR MR HAZEEM STRAT AND SAY AFTER ME I AM LOOKING FOR NEXT {image} 1 V PATTERN FORMED 2 Break Out bar (mark the low) red line 3 WAIT 4 Confirmation BAR CLOSING BELOW to sell AFTER CLOSE 4 Enjoy Your sell after 1:1 close 50% AND KEEP SL AT SAME PLACE {image}
This is so different from your previous examples, thought the BO have to close above previous high?
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