KAS37 Trading System

BBPAT3 formed instead.


recap:
1) Previously, BB moving down, then BB moving up a bit (with wider BB),
2) Then Buy Signal trigger.

Arranging all the patterns so far. The recent one is BBPAT1.

hey mate tell me one thing in the chart which i am posting which question mark should the long trade have been taken???
Rahul

Another GBPAT2, always after BBPAT1.

Did not take the trade though, coz, it is not classic GBPAT2, where the Stoch Kiss is too far high up.

I will observe more to this type of GBPAT2.

BSPAT2 is formed.

Now, waiting for GSPAT2.

I guess GSPAT2 happen around here..

maybe around here.. ie the GSPAT2 - (hope to see the divergence)

I guess I am enough for today.

Sorry bksujal, didn't see your message - it should be at the RSI Kiss. Refer to chart at the arrow.

GSPAT2 (Good Sell Pattern #2) about to happen, at the 3 cross, should enter, notice the divergence.

up till now, GSPAT2 still does not form.

Going to sleep.

hey mate can you attach a tempelate of your charts please.
BK

sorry I dont know how to make the template, you just have to drag the rsi 3 into rsi 7 or vice versa, in the same window, dont use insert from the menu, click the navigator menu, then all the indicator should appear on left hand screen, drag the rsi into the same window - hope this help

ok, got the time a bit to trade.

Buy at 208.94.

moving my SL to BE, now at around 20 pip profit

Got stop at BE.

Here is the overall pattern so far.

This is for my own note first, hope I dont get confused with these PATTERN RECOGNITION things, but I believe it helps for us to somehow 'predict' what pattern to come up and place our order and can see the chart in a new perspective.

New Pattern - i haven't enter my trade based on these description yet so far.

GBPAT5 Description:

1) Previously narrow BB, pointing up, then wider BB pointing up.
2) Then price move down, a failure of GSPAT2 (because there is no significant divergence)
3) Then, Buy Signal trigger, together with HIDDEN DIVERGENCE.

GBPAT4 Description:
1) Currently a mid-size BB (and this is relative!), pointing down
2) Divergence start forming with 3 significant higher valleys of Stoch, while RSI also shows divergence (but generally looks like 'ranging')
3) Buy Signal trigger, Enter after the SMA3/7 cross.

GSPAT4 Description:
1) Currently a mid-size BB, pointing up.
2) Divergence start forming with 3 significant lower peaks of Stoch.
3) Sell Signal trigger, Enter after the SMA3/7 cross.

New Pattern - i haven't enter my trade based on these description yet so far.

except, the GBPAT5, which I did just now, thinking that it is a GBPAT3 - hope I dont confuse myself. Sorry, if anybody reading getting confused. JUST want to GET THE PATTERN right, so that it become 'familiar' and easier for us into getting near 99% correct trade.

By understanding Bad Buy or Sell Pattern, we would be filtering our trade so that we minimize loss.

Waiting for GSPAT4 around here.

Introducing GBPAT6 (still observation)

GBPAT6 Description:

1) Currently Wider BB pointing up, previously there has been GBPAT5.
2) The SMA3/7 cross happen above BB, the Stoch and RSI cross also happen above or near 50 region.
3) Enter at the cross of SMA3/7.

GSPAT4 happens earlier than my prediction, and while i am out of screen.

So far, the biggest move come from GBPAT1, GBPAT4, GSPAT1 AND GSPAT4. Take note of those pattern.

My plan is if I have those 2 GBPAT1 and GBPAT4 patterns, will let it run without taking profit, until another GSPAT1 or GSPAT4 happen.