2b pattern | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Price pattern scanner where I choose the pattern 4 replies

automatic chart pattern drawers for MT4? 36 replies

Price action pattern, and random thoughts 6 replies

Momentum price pattern indicator 0 replies

Pattern programs 1 reply

Attachments: 2b pattern
Exit Attachments

2b pattern

  • #21
  • Oct 19, 2010 3:42am Oct 19, 2010 3:42am
charts
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eur aud.gif Size: 23 KB
Click to Enlarge Name: usd dkk.gif Size: 23 KB
  • #22
  • Oct 19, 2010 3:50am Oct 19, 2010 3:50am
this chart has also a pin bar in progress.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd2.gif Size: 22 KB
  • #23
  • Oct 19, 2010 3:59am Oct 19, 2010 3:59am
There were two perfect set-ups today on EUR/USD and AUD/USD.

Both were shorts at 0000 GMT- 1H chart.
  • #24
  • Oct 19, 2010 4:06am Oct 19, 2010 4:06am
out of that trade. if the first bar goes against me i look for exit at 0.5 loss or around break even.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd3.gif Size: 20 KB
  • #25
  • Oct 19, 2010 5:43am Oct 19, 2010 5:43am
Thanks for that nice PA method.

Another two well worked setups.
Attached Image (click to enlarge)
Click to Enlarge Name: very well!.gif Size: 32 KB
  • #26
  • Oct 19, 2010 6:18am Oct 19, 2010 6:18am
chart.
Attached Image (click to enlarge)
Click to Enlarge Name: eur cad.gif Size: 22 KB
  • #27
  • Oct 19, 2010 6:27am Oct 19, 2010 6:27am
0.5 loss
Attached Image (click to enlarge)
Click to Enlarge Name: eur cad2.gif Size: 20 KB
  • #28
  • Oct 19, 2010 6:59am Oct 19, 2010 6:59am
this one was succesfull but i did something different. i combined the last 2 bearish bars so that i could get an important bearish bar.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp aud.gif Size: 25 KB
  • #29
  • Oct 19, 2010 7:08am Oct 19, 2010 7:08am
chart
Attached Image (click to enlarge)
Click to Enlarge Name: cad jpy.gif Size: 17 KB
  • #30
  • Oct 19, 2010 8:58am Oct 19, 2010 8:58am
Quoting deltatrade
i'm not going to invent the wheel but i'm going to perfect it. so this pattern was initially written about by trader vic. i found it at james16 also. it is called pin bar at double top/bottom with divergence. now the thing which i discovered is that we practicaly don't need a pin bar. what does a pin bar represent? a fast reaction to a specific level. that's what i look for: fast reaction to a double bottom/top and also with divergence. there are specific rules which i found out to work best and also exceptions regarding exit rules (this is the...
Hi

In this example, should the red sell line be lower than the previous top green line or can it be higher too?

I am thinking of the CAD/JPY which is developing right now.
Regards
  • #31
  • Oct 19, 2010 9:02am Oct 19, 2010 9:02am
chart. i took this one also.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp chf.gif Size: 21 KB
  • #32
  • Oct 19, 2010 9:07am Oct 19, 2010 9:07am
Quoting howard
Hi

In this example, should the red sell line be lower than the previous top green line or can it be higher too?

I am thinking of the CAD/JPY which is developing right now.
we had an pin looking bar. entry above the high. invalid.
Attached Image (click to enlarge)
Click to Enlarge Name: cad jpy2.gif Size: 18 KB
  • #33
  • Oct 19, 2010 9:11am Oct 19, 2010 9:11am
How about the attached chart, is it a valid entry?
Attached Image
Regards
  • #34
  • Oct 19, 2010 9:29am Oct 19, 2010 9:29am
Quoting howard
How about the attached chart, is it a valid entry?
chart
Attached Image (click to enlarge)
Click to Enlarge Name: cad jpy3.gif Size: 20 KB
  • #35
  • Oct 19, 2010 9:38am Oct 19, 2010 9:38am
lot of action is going on several pairs since last 4 hours. gold went down 3%, GU , AU crashed..
  • #36
  • Oct 19, 2010 11:08am Oct 19, 2010 11:08am
usd jpy h4. this is not a 2b pattern. it's a pin bar at retracement.
Attached Image (click to enlarge)
Click to Enlarge Name: usd jpy.gif Size: 20 KB
  • #37
  • Oct 20, 2010 2:44am Oct 20, 2010 2:44am
chart
Attached Image (click to enlarge)
Click to Enlarge Name: usd jpyn.gif Size: 19 KB
  • #38
  • Oct 20, 2010 2:50am Oct 20, 2010 2:50am
i did not catch this one.
Attached Image (click to enlarge)
Click to Enlarge Name: aud usd.gif Size: 17 KB
  • #39
  • Oct 20, 2010 3:08am Oct 20, 2010 3:08am
so i would have made 1.6 points last night that means 1.6 * 3%=4.8% . so the conclusion is that in the forex market it's important that you don't sleep )))
Attached Image (click to enlarge)
Click to Enlarge Name: usd dkk1.gif Size: 19 KB
  • #40
  • Oct 20, 2010 10:39am Oct 20, 2010 10:39am
target hit 0.8 profit.
Attached Image (click to enlarge)
Click to Enlarge Name: usd jpyn.gif Size: 17 KB
0 traders viewing now