Price * pattern * momentum + time | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Time action momentum trading 90%+ accuracy 0 replies

Price pattern scanner where I choose the pattern 4 replies

time is set to GMT+0 time zone, what is my time adjustment? 0 replies

Dear Full time/Part time Traders – Thanks for your time and help 7 replies

Momentum price pattern indicator 0 replies

Attachments: Price * pattern * momentum + time
Exit Attachments

Price * pattern * momentum + time

  • #21
  • Feb 4, 2011 2:26am Feb 4, 2011 2:26am
In audusd crab pattern is going to complete also 5th wave of wolf wave is complete on 1.0230i think that is good area for short position
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUD.gif Size: 78 KB
Click to Enlarge Name: AUD2.gif Size: 62 KB
show me the money
  • #22
  • Feb 4, 2011 2:32am Feb 4, 2011 2:32am
In usdcad price has good reaction to line on fork at now price touch the lower line and also touch the midline of another fork I think can goes up again to midline on horizontal fork I should say stoc is over sold
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad.gif Size: 115 KB
show me the money
  • #23
  • Feb 4, 2011 2:37am Feb 4, 2011 2:37am
majid,

Nice thread & thanks for using white chart backgrounds for your examples as they are so much easier to read. Thanks for sharing your skills.

___________________
  • #24
  • Feb 4, 2011 8:47am Feb 4, 2011 8:47am
Hello, I am still learning PA. I am thinking that this is reversal for GBP/JPY. Anyone agree?
Attached Image (click to enlarge)
Click to Enlarge Name: week.gif Size: 35 KB
  • #25
  • Feb 5, 2011 3:46am Feb 5, 2011 3:46am
Quoting acetrader
majid,

Nice thread & thanks for using white chart backgrounds for your examples as they are so much easier to read. Thanks for sharing your skills.

___________________
your wellcome bro
show me the money
  • #26
  • Feb 5, 2011 4:25am Feb 5, 2011 4:25am
Quoting takercena
Hello, I am still learning PA. I am thinking that this is reversal for GBP/JPY. Anyone agree?
Hello and well come to this topic
Ok let s talk about gbpgpy why you are in long position
I think price in end of correction an in down trend
in picture you can see price make symmetry pattern ( touch the 100 app) and also 78.6 fibo retracement and resistance line in good time zone in this area stoc in over bought if you think price can goes up more than here you should wait if it can broke this area and open the long position
if you have reason for long explain it plz
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy d.gif Size: 91 KB
show me the money
  • #27
  • Feb 5, 2011 10:18pm Feb 5, 2011 10:18pm
I just came across this thread...I really enjoy your analysis.

Regarding gbpjpy pair, I just not so sure which direction will it goes...In chart, it just seem has some more upside before goes back down.

1. It closed above its trendline in daily chart for the week.
2. S&P index seem want to touch its 78.6% retracement.
3. usd/jpy seems has some more upside.
4. gbp/usd has some good support level at 1.600
5. Dollar index face BIG resistance around 79 area.

As above reasons, I think gbpjpy has one more leg UP to 134 area before dropping.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gj.jpg Size: 105 KB
Click to Enlarge Name: spx.gif Size: 21 KB
Click to Enlarge Name: dx.gif Size: 24 KB
Click to Enlarge Name: gu.jpg Size: 135 KB
Click to Enlarge Name: uj.jpg Size: 117 KB
  • #28
  • Feb 5, 2011 10:39pm Feb 5, 2011 10:39pm
Possible long setup on eurusd @ 1.3390-70 area.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 135 KB
  • #29
  • Feb 5, 2011 10:41pm Feb 5, 2011 10:41pm
Possible long setup for euraud around 1.3280 area.
Attached Image (click to enlarge)
Click to Enlarge Name: ea.jpg Size: 123 KB
  • #30
  • Feb 5, 2011 11:58pm Feb 5, 2011 11:58pm
Quoting surewin888
I just came across this thread...I really enjoy your analysis.

Regarding gbpjpy pair, I just not so sure which direction will it goes...In chart, it just seem has some more upside before goes back down.

1. It closed above its trendline in daily chart for the week.
2. S&P index seem want to touch its 78.6% retracement.
3. usd/jpy seems has some more upside.
4. gbp/usd has some good support level at 1.600
5. Dollar index face BIG resistance around 79 area.

As above reasons, I think gbpjpy has one more leg UP to 134 area before dropping.
thank you for explain
show me the money
  • #31
  • Feb 6, 2011 12:20am Feb 6, 2011 12:20am
Good charts & analyses & overall logic.
Anything can happen in forex & i personally believe but bet on logic & probabilities. so not neccessary the the outcome positive all the time , money management there to do the trade .
carry out good job Majid.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #32
  • Feb 6, 2011 6:03am Feb 6, 2011 6:03am
Quoting fontu
Good charts & analyses & overall logic.
Anything can happen in forex & i personally believe but bet on logic & probabilities. so not neccessary the the outcome positive all the time , money management there to do the trade .
carry out good job Majid.
fontu
Hello
Well come fontu
Yes yes you are right this means you understand the market bro </SPAN></SPAN>
Why you don’t start your analysis in this topic I can learn more from you
Thank you
Majid
show me the money
  • #33
  • Feb 6, 2011 6:45am Feb 6, 2011 6:45am
Quoting majid.hesari
Hello
Well come fontu
Yes yes you are right this means you understand the market bro </SPAN></SPAN>
Why you don’t start your analysis in this topic I can learn more from you
Thank you
Majid
Thanks , not that I understand the market just overall conception .

One thing come to know that whatever good the analysis doin & they more or perfect at times & trade also as per still experienced lots of jerks due money management skill, no deep pocket to tolerate them , not so good in money management yet & learning . one thing if bet 10$ on the table then at least that 10$ to back to me , if less or not at all my money management totally a flop & bad times will come it continue to earase the money whatever do .
your analyses are good enough I like this type of price patterns describing the momentum at present time I always use to them also,
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #34
  • Feb 6, 2011 7:22am Feb 6, 2011 7:22am
Quoting fontu
Thanks , not that I understand the market just overall conception .

One thing come to know that whatever good the analysis doin & they more or perfect at times & trade also as per still experienced lots of jerks due money management skill, no deep pocket to tolerate them , not so good in money management yet & learning . one thing if bet 10$ on the table then at least that 10$ to back to me , if less or not at all my money management totally a flop & bad times will come it continue to earase the money whatever do .
your analyses...
ya i now that and i agree with you but Many experienced traders do not consider it
show me the money
  • #35
  • Feb 6, 2011 11:39am Feb 6, 2011 11:39am
Quoting majid.hesari
ya i now that and i agree with you but Many experienced traders do not consider it
may be , to me experienced trader are mostly experienced in good money management even may not good in analysis .
To me nobody knows about the market well and exactly where the price go next with confirmation & without confusion of double edged sword at any time any level .Hence nobody is not much better than a newbie . if so then they would drain all the monies from forex pool in one single movement or so or almost anybody to loose in forex ultimately . not the case ,one to loose & other to profit , money never give birth another money to pay for profit in such unproductive forex I think.
thanks ,
wish good pips in coming days .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #36
  • Feb 6, 2011 7:00pm Feb 6, 2011 7:00pm
Short eurchf @1.2960. I would expect pull back into 50% retracement or 38.2% retracement for it.

Trading Rule:

1. Discard the setup if it doesn't triggered before 3:00pm EST.
2. Move SL to breakeven after gain the 50 pips.
3. Close 50% of position after reach 100 pips gain.
4. Move you SL to 200ma in 15min chart as new SL after reached 100pips gain.
5. Close all profit positions after 1:00pm on Friday. Don't want to carry winning trade over the weekend.
Attached Image (click to enlarge)
Click to Enlarge Name: ec.jpg Size: 130 KB
  • #37
  • Feb 6, 2011 10:21pm Feb 6, 2011 10:21pm
Looking to short it at 78.6% retracement.

Trading Rule:

1. Discard the setup if it doesn't triggered before 3:00pm EST.
2. Move SL to breakeven after gain the 50 pips.
3. Close 50% of position after reach 100 pips gain.
4. Move you SL to 200ma in 15min chart as new SL after reached 100pips gain.
5. Close all profit positions after 1:00pm on Friday. Don't want to carry winning trade over the weekend.
Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 117 KB
  • #38
  • Feb 6, 2011 10:23pm Feb 6, 2011 10:23pm
Looking to short gbpchf on its breakdown.
Attached Image (click to enlarge)
Click to Enlarge Name: gc.jpg Size: 138 KB
  • #39
  • Feb 6, 2011 10:25pm Feb 6, 2011 10:25pm
Looking to long it at its 38.2% retracement.
Attached Image (click to enlarge)
Click to Enlarge Name: ea.jpg Size: 130 KB
  • #40
  • Feb 7, 2011 12:01am Feb 7, 2011 12:01am
Looking to short it on london session breakdown.
Attached Image (click to enlarge)
Click to Enlarge Name: ej.jpg Size: 127 KB
0 traders viewing now